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PeerBasis
Compensation Comparability Determination

Ravenna Economic Development Corp

Executive Director / CEO

EIN 465433447
NE · NTEE S41
FY ending 2024-09-30
June 9, 2026

This analysis benchmarks the total compensation of Zachary West, Executive Director / CEO ($49,685) against every comparable organization that fit the selection criteria — 533 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 20th percentile of comparable organizationsbelow the typical range for comparable organizations

How comparable organizations were selected

533 organizations qualified on sector, size, and geography 533 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1 total compensation of comparable organizations → $394,825 $49,685
$30,74510th
$57,62025th
$84,204Median
$123,95375th
$176,00390th
$49,685This org · 20th
p10$30,745
p25$57,620
p50$84,204
p75$123,953
p90$176,003
$49,685

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 NE cost of living (BEA RPP, 2023) and to its filing year (CPI-U); the reported amount is on each linked 990.

OrganizationStateTotal revenueTotal compSource
Alameda Chamber Of CommerceCA $435,716$118,663 990
Children's Hospitals Alliance Of TnTN $435,655$195,600 990
Placer Nevada County Medical SocietyCA $435,982$78,879 990
I S Pullers NfpIL $433,665$8,075 990
Professional Land Surveyors Of OhioOH $433,153$86,683 990
Carroll County Chamber Of CommerceIN $438,268$52,996 990
Visit FreeportME $438,536$59,099 990
The Association Of Art Museum CuratorsNY $438,591$12,937 990
Builders Association Of South FloridaFL $438,863$168,572 990
Northeast Seafood Coalition IncMA $432,538$88,382 990
Mendota Area Chamber Of CommerceIL $432,381$38,088 990
Alliance For Community MediaMN $439,479$149,527 990
Georgia Association Of School Business OfficialsGA $430,889$29,355 990
Air And Expedited Motor Carriers AssociationKY $430,500$125,184 990
Association Of Official SeedGA $430,379$128,907 990
Angier Chamber Of CommerceNC $429,638$51,056 990
National Rural Lenders Association IncMS $442,140$23,113 990
American Association Of DentalMO $429,238$47,063 990
Esports Trade AssociationIL $428,000$18,966 990
Energy CouncilCO $443,784$80,463 990
Lower Bucks County Chamber Of CommercePA $427,438$53,075 990
Anderson County Chamber Of Commerce IncTN $427,412$41,738 990
495 Metrowest Corridor Partnership IncMA $427,385$108,122 990
European-american Chamber Of CommerceOH $444,419$65,438 990
National Association Of FraternalMN $445,224$77,593 990

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 NE 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 default20th
Total compensation (D + F), as reported (no adjustments)17th
Reportable pay only (column D), adjusted22nd
All sources (D + E + F), adjusted16th

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 (Zachary West) 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 533 similarly situated organizations (Same NTEE sector (S41), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $49,685 is reasonable (approximately the 20th 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). 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.