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PeerBasis
Compensation Comparability Determination

Laurel Redevelopment Corporation

Executive Director / CEO

EIN 510344804
DE · NTEE S20
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Brian Shannon, Executive Director / CEO ($75,000) against every comparable organization that fit the selection criteria — 63 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 86th percentile of comparable organizationswithin the typical range

Benchmarked executive: Brian Shannon — reported title “EXECUTIVE DI”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

63 organizations qualified on sector, size, and geography 63 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1 total compensation of comparable organizations → $159,309 $75,000
$4,35810th
$12,82125th
$32,954Median
$52,14075th
$82,64690th
$75,000This org · 86th
p10$4,358
p25$12,821
p50$32,954
p75$52,140
p90$82,646
$75,000

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 DE 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
Promote Carmel Inc IN$100,190 Officer $48,750 $52,504 2024
Mckinley Park Development Council IL$100,234 Managing Dir. $5,167 $5,188 2024
Oakland Renaissance Nmtc Inc CA$99,920 President $145,905 $128,671 2024
The Collective Empowerment Group MD$99,445 President $10,000 $9,830 2023
Omro Area Community Center Inc WI$99,281 Executive Director $21,713 $23,159 2024
Osgood Beautification And Main Street De IN$102,008 Treasurer $475 $512 2024
Shreveport Common Inc LA$96,199 Executive Director $60,000 $69,467 2023
Our Village Community Center UT$95,109 President $10,500 $11,299 2023
Urbandale Community Action Network IA$106,206 Executive Director $40,357 $46,462 2023
Aberdeen Main Street Inc MS$106,433 Coordinator $17,450 $19,849 2024
Quality Life Blueprint NC$93,278 Executive Director $31,154 $32,876 2024
Town Square Inc NY$107,852 Executive Director $30,000 $27,686 2024
Loving Library AZ$107,908 Ceo $30,000 $29,466 2024
Sakan Community Resources Inc MN$91,376 Managing Director $70,475 $71,120 2024
Decatur County Development Corp IA$108,957 Executive Director $45,824 $51,242 2024
Yvonne Perkins Legacy Fund Inc IN$91,002 President And Director $7,923 $8,533 2024
Christmas In April St Marys County MD$109,551 Executive Director $54,750 $50,928 2025
Lakewood Seward Park Community WA$111,789 Executive Dire $20,017 $18,843 2023
Eky Heritage Foundation Inc KY$86,871 Executive Director $66,154 $74,731 2023
Motivated Young Scholars PA$114,532 Youth And Family Services $12,000 $12,222 2024
Theclevelandobserver OH$115,375 Vice President $700 $780 2023
Nourishing Networks Consortium WA$84,445 Director $10,000 $9,144 2024
Arise Detroit MI$82,190 Executive Director $78,700 $82,961 2024
Greater Bandon By-the-sea Corp OR$81,792 Executive Director $35,291 $33,471 2024
Center City Development Corporation IN$81,791 Executive Director $7,364 $7,931 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to DE 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 DE 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 default86th
Total compensation (D + F), as reported (no adjustments)84th
Reportable pay only (column D), adjusted89th
All sources (D + E + F), adjusted76th

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 (Brian Shannon) 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 63 similarly situated organizations (Same NTEE sector (S20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $75,000 is reasonable (approximately the 86th 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.