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PeerBasis
Compensation Comparability Determination

Local 470 Apprenticeship Fund

Executive Director / CEO

EIN 474852250
SC · NTEE J22
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Herb Freitag Jr, Executive Director / CEO ($61,473) against every comparable organization that fit the selection criteria — 78 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 40th percentile of comparable organizationswithin the typical range

How comparable organizations were selected

78 organizations qualified on sector, size, and geography 78 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2,955 total compensation of comparable organizations → $200,797 $61,473
$21,20610th
$45,32625th
$68,624Median
$89,72375th
$118,12790th
$61,473This org · 40th
p10$21,206
p25$45,326
p50$68,624
p75$89,723
p90$118,127
$61,473

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

OrganizationStateTotal revenueTotal compSource
Youths Unleashed CorpFL $347,605$40,522 990
Sheet Metal Contracting IndustryPA $348,144$73,139 990
Oakwood Arts IncVA $342,805$50,487 990
Tech Frederick IncMD $341,979$102,184 990
Bricklayers Local 1 Md Va & DcMD $351,202$35,210 990
Automotive Mentoring Group IncIL $340,495$89,246 990
Western Pennsylvania ApprenticeshipPA $340,147$70,002 990
Laborers Agc Apprenticeship Training &WA $337,413$66,688 990
Second Chance Center Of HopeOH $335,700$44,569 990
Michigan Indian Employment AndMI $356,915$81,316 990
Training Grounds IncDC $335,337$82,535 990
Chicago Center For Arts And TechnologyIL $359,049$158,909 990
Midlands Mechanical Apprentice CoalSC $332,386$14,400 990
Tech Exposure & AccessCA $326,971$51,628 990
Sheet Metal Workers' Local 15 ApprenticeFL $326,390$37,971 990
MenzfitPA $320,437$27,556 990
Roofers Local 44 Joint Apprenticeship FundOH $318,648$72,357 990
Bbl Ministries IncCA $316,128$106,616 990
Justice Jobs Of Maryland IncMD $316,033$56,437 990
Flourish Of Cullman IncAL $315,179$47,595 990
Bullington Gardens IncNC $314,727$35,889 990
Heartfelt Tidbits IncOH $378,304$81,728 990
Urban Ed IncDC $379,011$89,882 990
Be Well CafeMO $312,101$65,991 990
Propel Network IncNY $381,193$84,235 990

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 SC 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 default40th
Total compensation (D + F), as reported (no adjustments)36th
Reportable pay only (column D), adjusted47th
All sources (D + E + F), adjusted36th

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 (Herb Freitag Jr) 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 78 similarly situated organizations (Same NTEE sector (J22), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $61,473 is reasonable (approximately the 40th 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.