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PeerBasis
Compensation Comparability Determination

Quad City Association Of Finishing

Executive Director / CEO

EIN 473214468
IA · NTEE S41
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Richard Lundvall, Executive Director / CEO ($37,724) 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 66th percentile of comparable organizationswithin the typical range

Benchmarked executive: Richard Lundvall — reported title “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

$920 total compensation of comparable organizations → $184,835 $37,724
$7,38910th
$14,82625th
$25,340Median
$46,68075th
$74,43390th
$37,724This org · 66th
p10$7,389
p25$14,826
p50$25,340
p75$46,680
p90$74,433
$37,724

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 IA 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
Tama Toledo Area Chamber Of Commerc IA$64,262 Secretary/co $17,956 $17,441 2024
Seaside Downtown Development Association OR$62,351 Executive Director $46,344 $38,178 2024
Ketchikan Charr Inc AK$61,418 President $8,700 $7,378 2024
Mifflinburg Heritage & Revitalization Assoc Inc PA$60,502 Executive Director $16,800 $14,862 2024
Professional Medical Staff Memorial Hospital Of Gardena CA$60,466 Chief Executive Officer $1,200 $920 2024
Temple Business League TX$60,300 Executive Director $18,000 $15,973 2024
Salina Community Economic Development KS$58,841 Executive Director $174,052 $166,804 2024
Ste Genevieve Chamber Of Commerce MO$56,211 Exec Directo $59,169 $54,160 2025
Whitetail Deer Farmers Of Ohio Inc OH$72,034 Executive Director $36,000 $34,824 2023
International Forum On Ansi-41 Standards Technology MD$72,158 Secretariat $96,000 $79,618 2024
Aerox NC$73,124 President & Director $195,867 $184,835 2023
Certification Institute AR$73,200 President $12,828 $12,791 2024
Parking Industry Institute DC$73,664 Secretary/treasurer/exec Dir $41,845 $31,735 2025
American Ismaili Chamber Of Commerc TX$54,118 Assistant Di $95,000 $86,790 2023
International Heavy Haul VA$54,091 Ceo $23,550 $20,171 2024
Greater Haines Chamber Of Commerce AK$54,003 Executive Director $29,812 $27,098 2022
Indiana Pawnbrokers Assocation Inc IN$74,862 Executive Director $21,000 $20,226 2023
Memphis & Shelby Co Vet Med Assn Inc TN$74,916 Executive Director $24,000 $22,379 2024
Virginia Society Of Professional VA$52,347 Cfo $16,500 $14,133 2024
Southwest Veterans Chamber Of Commerce AZ$76,695 Executive Dir. $26,791 $22,856 2024
The Hispanic Chamber Of Commerce Of Grand Prairie TX$77,773 President $7,000 $6,211 2024
La Paz Economic Development Corp AZ$78,013 President $75,000 $62,336 2025
Montgomery Area Chamber Of Commerce TX$79,463 Executive Dir. $57,750 $52,759 2023
Northwestern Showmen's Club OR$79,706 Secretary $9,000 $7,414 2024
Lower Santa Cruz River Allianceinc AZ$80,000 President Ce $52,500 $46,113 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to IA 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 IA 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 default66th
Total compensation (D + F), as reported (no adjustments)61st
Reportable pay only (column D), adjusted61st
All sources (D + E + F), adjusted61st

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 (Richard Lundvall) 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 (S41), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $37,724 is reasonable (approximately the 66th 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.