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PeerBasis
Compensation Comparability Determination

Zephyr Institute Inc

Executive Director / CEO

EIN 471979289
CA · NTEE S05
FY ending 2024-12-31
June 13, 2026

This analysis benchmarks the total compensation of Matthew Bowman, Executive Director / CEO ($93,516) against every comparable organization that fit the selection criteria — 1760 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 49th percentile of comparable organizationswithin the typical range

Benchmarked executive: Matthew Bowman — reported title “PRESIDENT AND EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

1,760 organizations qualified on sector, size, and geography 1,760 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1 total compensation of comparable organizations → $1,322,175 $93,516
$24,85210th
$59,47925th
$94,393Median
$135,12275th
$186,67490th
$93,516This org · 49th
p10$24,852
p25$59,479
p50$94,393
p75$135,122
p90$186,674
$93,516

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 CA 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
Local 338 Real Estate Holding Corp NY$469,750 President $72,825 $76,209 2024
Int'l Ind Showmen's Foundation Inc FL$469,399 Director $38,295 $42,892 2023
Pike County Economic Development AL$469,860 President $174,187 $217,927 2024
Naa Kaani Native Program WA$469,335 Executive Director $48,954 $52,256 2023
Great Plains Development Inc KS$469,125 Co-executive Director $84,532 $105,759 2024
Ua 168 Building Corporation OH$468,917 Financial Secretary/treasu $92,850 $110,953 2025
Laurel District Association CA$468,876 Executive Dir. $52,083 $52,083 2024
Armed Forces Marketing Council VA$470,536 President $351,695 $393,256 2024
Air Refueling Systems Advisory Group International TX$468,559 Chairman $66,539 $79,358 2023
U A Local 773 Glens Falls Building NY$470,773 Director $114,100 $119,402 2024
Camara De Comercio Del Sur De Puerto Rico Inc PR$470,820 Executive Director $38,377 $38,377 2024
Maine Outdoor Brands Inc ME$470,897 Executive Director $82,944 $99,025 2023
White House Chamber Of Commerce TN$470,907 Director $88,461 $107,683 2024
United Steelworkers Local 11-13214 WY$470,965 President $37,637 $46,673 2024
Sunset Park District Management NY$468,235 Executive Direc $63,780 $66,744 2024
People Organized For Westside Renewal CA$467,982 Exec Director $87,229 $89,806 2023
Southern Mutual Help Association Inc LA$471,290 President $180,319 $236,734 2023
Chicago Area Independent Constructi IL$467,890 Director $114,400 $134,094 2023
La Crosse Area Realtors Association WI$467,721 Assoc Execut $111,858 $135,287 2024
Industry University Research Center Inc PR$467,060 Executive Director $140,176 $140,176 2024
American Business Council Kuwait $466,769 Executive Director $54,539 $56,150 2023
Macomb County Community Dispute MI$466,668 Manager $108,963 $130,247 2024
Family First Center Of Lake County IL$466,631 Executive Dir. $84,285 $98,795 2023
Startup Columbus Inc GA$473,042 Executive Dir. $98,329 $114,497 2024
Broussard Chamber Of Commerce LA$466,085 Ceo $76,800 $97,935 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to CA 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 CA 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 default49th
Total compensation (D + F), as reported (no adjustments)59th
Reportable pay only (column D), adjusted52nd
All sources (D + E + F), adjusted40th

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 (Matthew Bowman) 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 13, 2026, comparing compensation against 1760 similarly situated organizations (Same NTEE major group (S), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $93,516 is reasonable (approximately the 49th 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 13, 2026.