Live preview — download the board-ready PDF to attach to your minutes.Download the free PDF
Email yourself a copy:
PeerBasis
Compensation Comparability Determination

Watershed Ministries Inc

Executive Director / CEO

EIN 465284882
NC · NTEE F60
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Cathy Tellefsen, Executive Director / CEO ($24,000) against every comparable organization that fit the selection criteria — 48 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 21st percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Cathy Tellefsen — reported title “EXECUTIVE DI”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

48 organizations qualified on sector, size, and geography 48 within the band form the benchmarked peer set.

Distribution of comparable compensation

$4,130 total compensation of comparable organizations → $116,503 $24,000
$17,08010th
$27,57025th
$51,187Median
$70,79275th
$82,30690th
$24,000This org · 21st
p10$17,080
p25$27,570
p50$51,187
p75$70,792
p90$82,306
$24,000

Comparable organizations

Each figure is Form 990 Part VII columns D + F (reportable pay plus other compensation and benefits; column F may include amounts from related organizations), normalized to NC cost of living (BEA RPP, 2023) and to its filing year (CPI-U); the reported amount is on each linked 990.

OrganizationStateRevenueMatched titleComp
(reported)
Comp
(adjusted)
FY
Bennie's Barn Inc OK$165,068 Executive Director $21,000 $23,040 2023
North Cherry Creek Counseling Center CO$159,406 Vice President $86,398 $80,178 2024
Sims Training And Wellness Center NC$157,833 Sims $47,640 $49,047 2023
Shelter Of Wisdom HI$157,678 Vp/director $32,400 $28,074 2024
Children Are A Gift Foundation TX$171,045 Former Exec Dir $13,063 $12,646 2024
About Progress Not Perfection CA$154,850 Executive Director $82,800 $69,196 2024
Counselors Obediently Preventing Substance Abuse MO$175,949 Exeuctive Director $21,675 $22,874 2023
Open Doors Outdoors CT$151,681 President $70,000 $65,396 2023
Magdalene's Inc FL$151,355 Executive Di $49,891 $45,360 2024
On Our Own Of Anne Arundel County MD$179,302 Executive Di $56,780 $52,892 2023
Serenity Life Resource Center Inc MO$179,638 Executive Director $70,920 $72,697 2024
Life Skills International Inc TX$145,284 President Ceo $45,500 $45,350 2023
Childrens Grief Center Of The MI$184,323 Executive Dir. $67,000 $68,906 2023
Law Enforcement Chaplaincy Service CA$143,149 Executive Dir. $60,000 $50,142 2024
Ten Ten Life Inc VA$142,516 Board Member At Large $21,750 $19,800 2025
Mft Worldwide Inc FL$141,597 Director $10,800 $9,819 2024
Avenue Resource Inc CA$139,195 President $80,000 $66,856 2024
Dustins Place Inc IN$131,983 Executive Director $44,000 $46,234 2023
The Childrens Treehouse Foundation CO$196,554 Executive Director $100,000 $92,801 2024
Angels Of Mercy Inc NY$200,555 President $48,925 $42,787 2024
Kentucky Center For Grieving Children And Families Inc KY$125,230 Executive Director $79,833 $83,009 2024
Chicago Veterans IL$204,484 Executive Director $84,761 $80,647 2024
The Good Death Foundation CA$204,787 Ceo $4,800 $4,130 2023
Dream Big Wellness WA$204,927 President $81,582 $70,689 2024
The Open Table CA$205,254 Executive Dir. $91,420 $76,400 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NC cost of living and 2024 dollars. Click any organization to verify the figure on ProPublica.

Methodology

Comparable organizations were drawn from electronically filed IRS Form 990 returns and matched on sector (NTEE code), budget (a size-adaptive revenue band that tightens as the organization grows), and geography (same-state first, broadening only when too few peers qualify); every organization within the band forms the peer set. To compare fairly across regions and years, peer compensation is normalized to NC cost of living (BEA Regional Price Parities, 2023) and to the subject's filing year (CPI-U). The figure benchmarked is Form 990 Part VII, Section A, columns D + F — reportable pay plus other compensation, benefits, and deferred amounts (column F may include amounts from related organizations) — with the chief executive matched by role. Related-organization amounts (column E) and institutional trustees are excluded. Full methodology: peerbasis.org/methodology.

Sample, role match & sensitivity

Sensitivity — the subject's percentile under alternative compensation definitions:

BasisSubject percentile
Total compensation (D + F), cost-of-living + inflation adjusted — the PeerBasis default21st
Total compensation (D + F), as reported (no adjustments)21st
Reportable pay only (column D), adjusted25th
All sources (D + E + F), adjusted21st

If the percentile moves materially across these definitions, the result is sensitive to methodology choices, and the board should weigh which basis best fits its facts.

Rebuttable presumption of reasonableness · 26 CFR 53.4958-6

Compensation paid by a tax-exempt organization is presumed reasonable — shifting the burden to the IRS — when three requirements are met. This report supplies the comparability data for the second. The board should record the following in its minutes concurrently with its decision:

Draft board minutes — executive compensation

  1. The compensation of the Executive Director / CEO (Cathy Tellefsen) was approved in advance by [the Board / Compensation Committee], composed of members with no conflict of interest with respect to the arrangement.
  2. Prior to its determination, the authorized body obtained and relied upon appropriate comparability data, namely the PeerBasis Compensation Comparability Determination dated June 9, 2026, comparing compensation against 48 similarly situated organizations (Same NTEE sector (F60), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $24,000 is reasonable (approximately the 21st percentile of comparable organizations) and documented the basis for this determination concurrently, on [date], by a vote of [__ for / __ against].

Sources: IRS Form 990 e-file data (apps.irs.gov); IRS Business Master File (NTEE classification). Every figure traces to an original public filing — click any organization above to verify it on ProPublica. PeerBasis is a service of Prismind Analytics; its methodology is published, was commissioned for independent adversarial review, and discloses its own limitations. This report is comparability data to support a board's good-faith determination under IRC 4958; it is not legal or tax advice. Generated by PeerBasis on June 9, 2026.