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PeerBasis
Compensation Comparability Determination

Laurentian Chamber Of Commerce Inc

Executive Director / CEO

EIN 510456882
MN · NTEE S41
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Teresa Appelwick, Executive Director / CEO ($91,914) against every comparable organization that fit the selection criteria — 509 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 71st percentile of comparable organizationswithin the typical range

Benchmarked executive: Teresa Appelwick — reported title “PRESIDENT”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

509 organizations qualified on sector, size, and geography 509 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1 total compensation of comparable organizations → $429,766 $91,914
$16,35010th
$43,18625th
$70,971Median
$101,23575th
$140,47590th
$91,914This org · 71st
p10$16,350
p25$43,186
p50$70,971
p75$101,235
p90$140,475
$91,914

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 MN 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
Childcare Association Of Louisiana LA$258,172 Executive Director $138,259 $154,073 2024
Novato Downtown Old Town Business CA$258,312 Executive Dir. $78,624 $68,709 2024
Greater Springfield Area Sports MO$257,392 Executive Di $44,087 $48,652 2023
Ireland Network Chicago Nfp IL$258,877 Executive Director $26,006 $25,875 2024
Int'l Conf Of Symphony And Opera Musicians VA$259,149 Chairperson $7,363 $7,009 2025
Michigan Council Of Charter School MI$256,777 Executive Se $74,400 $77,717 2024
Indiana Professional Dairy IN$256,636 Executive Di $99,040 $105,700 2024
Dekalb County Convention & Visitors IL$256,490 Executive Di $76,731 $74,375 2025
Chamber Of Commerce Of Greater Vineland NJ$259,737 Executive Director $96,903 $85,303 2025
Kansas Association Of Medicaid KS$260,000 Executive Director (Thru 1/23) $5,833 $6,565 2023
Professional Trailbuilders Association CO$255,996 Executive Director $60,062 $58,285 2024
Sandplay Therapists Of America CA$255,631 Journal Editor $14,000 $12,234 2024
Northwest Automotive Trades OR$255,423 Executive Director $78,332 $75,793 2023
The Alliance Of Tbi & Nhtd Waiver Providers Inc NY$260,770 Executive Director $55,000 $49,001 2025
Digital Analytics Freedom Alliance DC$260,950 Treasurer $2,630 $2,275 2025
Flagstaff Downtown Business Alliance AZ$254,845 Prior Executive Director $104,969 $102,166 2024
The Housing Association Of Mississippi MS$254,370 Executive Director $23,300 $26,263 2024
Mukilteo Business Assoc Chamber Of Commerce WA$261,761 Executive Director $68,569 $63,964 2023
Louisville Independent Business Alliance KY$261,791 Executive Director $55,315 $60,144 2024
Lisbon Civic & Commerce Inc ND$261,860 Executive Dir. $5,865 $6,706 2023
Exhibitor Appointed Contractor Assn OR$262,283 Executive Di $112,292 $105,535 2024
China Enterprise Council CA$253,683 Director $39,000 $35,088 2023
Agencies For Children's Therapy Services NY$253,650 Executive Director $56,000 $52,724 2023
Aspen Sister Cities Program Inc CO$253,571 President $800 $776 2024
Madison Morgan County Convention & Visitors Bureau Inc GA$262,931 Executive Director $85,000 $84,265 2025

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MN 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 MN 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 default71st
Total compensation (D + F), as reported (no adjustments)71st
Reportable pay only (column D), adjusted72nd
All sources (D + E + F), adjusted68th

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 (Teresa Appelwick) 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 509 similarly situated organizations (Same NTEE sector (S41), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $91,914 is reasonable (approximately the 71st 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.