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PeerBasis
Compensation Comparability Determination

Professional Business Development Group

Executive Director / CEO

EIN 472013279
OR · NTEE S03
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of J M Matt Hennessee, Executive Director / CEO ($18,830) against every comparable organization that fit the selection criteria — 1737 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 13th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: J M Matt Hennessee — reported title “Executive Dir.”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

1,737 organizations qualified on sector, size, and geography 1,737 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1 total compensation of comparable organizations → $702,547 $18,830
$15,30010th
$39,61825th
$70,523Median
$97,51775th
$136,29390th
$18,830This org · 13th
p10$15,300
p25$39,618
p50$70,523
p75$97,517
p90$136,293
$18,830

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 OR 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
Rhode Island Business Group On Health RI$307,151 Executive Director $71,833 $74,171 2023
Center City Of Amarillo Inc TX$307,268 Executive Di $126,750 $132,614 2024
Nevada Dispensary Association A Nevada NV$307,021 Executive Director $152,672 $164,791 2023
South Central Dakota Regional Council ND$307,001 Executive Director $102,661 $117,836 2024
The San Juan Safe Communities NM$307,335 Executive Dir. $63,000 $70,873 2024
Iatse Realty Corporation CA$306,858 Director $132,051 $119,263 2024
Crime Stoppers Of Northeast Florida FL$307,480 Executive Di $67,465 $66,289 2024
Upper Manhattan Together Inc NY$307,486 Lead Organizer $91,538 $86,516 2024
Sdc Services Corp CO$307,574 President Secretary $102,957 $103,258 2024
Virginia Black Chamber Of Commerce Foundation VA$307,711 President $105,883 $110,089 2023
T R Hoover Community Development Corporation Inc TX$307,878 5106 Bexar St Dallas Tx 75215 $15,000 $16,157 2023
Central Texas Angel Network TX$306,410 Executive Director $128,792 $134,750 2024
Send Musicians To Prison TN$306,358 President $68,100 $77,082 2023
The Design Platform LA$307,980 Secretary $186,153 $220,727 2023
Belle Fourche Development SD$308,199 Executive Di $70,172 $83,394 2023
Rvwa Inc IN$308,234 President $15,385 $16,970 2024
Pederec Inc VA$308,373 Director $58,420 $58,998 2024
Homeland Security And Defense DC$308,440 President & Ceo $318,000 $291,872 2024
Illinois Real Estate Lawyers Association IL$305,762 President $54,000 $57,167 2023
Kanaka Economic Development Alliance HI$305,646 Executive Director $72,193 $69,600 2023
Brewers Of Pennsylvania PA$305,632 Executive Director $60,000 $64,431 2023
Haitian American Center For Social Economic Dev Az AZ$308,687 Executive Director $36,541 $37,842 2023
The Blacksburg Partnership VA$308,696 President $110,738 $111,834 2024
Derivatives Market Institute For Standards Inc DC$308,750 Executive Director $47,588 $43,678 2024
Livermore Downtown Inc CA$308,752 Executive Director $105,232 $95,042 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to OR cost of living and 2023 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 OR 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 default13th
Total compensation (D + F), as reported (no adjustments)13th
Reportable pay only (column D), adjusted19th
All sources (D + E + F), adjusted63rd

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 (J M Matt Hennessee) 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 1737 similarly situated organizations (Same NTEE major group (S), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $18,830 is reasonable (approximately the 13th 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.