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PeerBasis
Compensation Comparability Determination

Fredericksburg Virginia Main Street Inc

Executive Director / CEO

EIN 472044595
VA · NTEE S31
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Christopher Allen, Executive Director / CEO ($35,000) against every comparable organization that fit the selection criteria — 44 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 30th percentile of comparable organizationswithin the typical range

Benchmarked executive: Christopher Allen — reported title “INTERIM EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

44 organizations qualified on sector, size, and geography 44 within the band form the benchmarked peer set.

Distribution of comparable compensation

$57 total compensation of comparable organizations → $132,150 $35,000
$10,19810th
$24,39125th
$57,714Median
$89,05475th
$104,17090th
$35,000This org · 30th
p10$10,198
p25$24,391
p50$57,714
p75$89,054
p90$104,170
$35,000

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 VA 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
The Valley Center Opportunity Zone NV$161,025 President Ceo $35,000 $35,293 2024
Comeunity Cafe TN$156,995 Assistant $19,360 $21,076 2023
Cathedral District-jax Inc FL$165,794 Ceo/presiden $93,675 $88,526 2024
Downtown Mebane Development Corporation NC$152,611 Executive Director $38,020 $38,500 2025
Columbia Valley Housing Association Dba WA$171,894 Executive Dir. $35,538 $32,953 2023
Greater Austin San Antonio Corridor TX$172,168 President $131,325 $132,150 2024
Main Street Fort Pierce Inc FL$172,200 Executive Di $107,307 $98,795 2025
Baltimore Avenue Redevelopment Corporation PA$174,500 President $80,418 $80,675 2024
Agricultural Development Initiatives TN$146,233 Ceo, President, Director $85,800 $93,406 2023
Cass Logansport Economic Developmen IN$143,763 Executive Di $80,501 $85,399 2024
Albia Industrial Development IA$178,441 President $107,184 $118,061 2024
Jamestown Regional Entrepreneur Center ND$135,026 Key Employee $75,539 $83,392 2024
Economic Development Alliance Of OH$187,785 Economic Development Direc $4,532 $4,829 2024
Friends Of Historic Downtown West Branch IA$131,292 Exec Director $57,903 $63,779 2024
Citywide Small Business Development OH$131,178 President $46,542 $49,590 2024
Downtown West Allis Inc WI$191,279 Exec Director $57,500 $60,409 2024
The Lowry Foundation CO$129,882 Interim Ed $24,270 $23,411 2024
Pawtucket Foundation RI$192,116 Executive Di $108,000 $101,492 2025
Charles Street Development Corp MD$128,646 Executive Director $58,500 $55,019 2024
Grant County Economic Developement Corporation KS$194,562 Executive Director $81,007 $90,638 2023
Visit Fort Wayne Foundation Inc IN$195,656 Executive Di $21,697 $23,018 2024
Site Readiness For Good Jobs Fund OH$195,812 Ceo $36,068 $39,565 2023
The Andre Sayegh Civic Association Inc NJ$125,456 Treasurer $1,500 $1,347 2024
Vision Together 2025 Inc PA$196,962 Executive Director $124,431 $124,828 2024
Insight Center For Community Economic Development CA$198,520 President $116,300 $104,009 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to VA 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 VA 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 default30th
Total compensation (D + F), as reported (no adjustments)27th
Reportable pay only (column D), adjusted34th
All sources (D + E + F), adjusted18th

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 (Christopher Allen) 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 44 similarly situated organizations (Same NTEE sector (S31), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $35,000 is reasonable (approximately the 30th 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.