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PeerBasis
Compensation Comparability Determination

Delaware Council On Economic Education

Executive Director / CEO

EIN 516024095
DE · NTEE V22Z
FY ending 2025-06-30
June 9, 2026

This analysis benchmarks the total compensation of Carlos J Asarta, Executive Director / CEO ($32,500) against every comparable organization that fit the selection criteria — 60 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 13th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Carlos J Asarta — reported title “PRESIDENT AND SECRETARY”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

60 organizations qualified on sector, size, and geography 60 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2,576 total compensation of comparable organizations → $493,945 $32,500
$27,15710th
$49,11725th
$92,993Median
$138,96975th
$169,97790th
$32,500This org · 13th
p10$27,157
p25$49,117
p50$92,993
p75$138,969
p90$169,977
$32,500

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
Maya Exploration Center TX$367,484 Chairman $45,000 $47,189 2024
Living City Project Inc NY$372,760 President $94,072 $89,113 2024
Project Invest VA$360,770 Executive Director $145,973 $147,752 2024
Project Real NV$377,889 Executive Director $47,775 $50,202 2024
Tuscarawas County Economic Development OH$385,045 Acting Secretary / Execdir $143,794 $164,373 2023
American Center For Mongolian Studies PA$349,252 Executive Director (Former) $41,670 $43,563 2024
Economic Club Of Minnesota MN$345,658 Executive Director $150,512 $155,907 2024
Leverage Research Inc FL$392,590 Ceo & Chair & Treasurer $21,533 $21,206 2024
Nebraska Council On Economic Education NE$394,922 President, Ncee $55,499 $60,963 2025
Institute For Economics And Peace NY$395,562 Executive Director $179,179 $169,733 2024
New Netherland Institute NY$399,797 Director $65,000 $61,573 2024
Democratic Socialists Of America Fund NY$399,886 Director $57,048 $54,040 2024
American Governance Foundation Inc CA$334,255 Secretary $31,500 $28,514 2024
Crosswinds Foundation For AL$403,964 President $48,000 $54,361 2024
The Cloud Institute For Sustainability Education NY$331,130 President $176,969 $167,639 2024
Institute For Political Economyinc FL$330,573 Chairman $207,600 $204,446 2024
The Rhine Research Center Inc NC$322,718 Executive Director $73,129 $81,552 2023
California Women Lead CA$421,172 Executive Director $62,792 $56,840 2024
Eastern Sociological Society NJ$312,665 Exec. Officer $69,259 $64,824 2024
Un Mundo Sin Mordaza DC$427,380 President $48,000 $45,460 2023
Telosa Community Foundation CA$308,210 Ceo, Secretary, Treasurer $200,000 $181,043 2024
The Institute For New Economic Thinking NY$429,626 President $521,435 $493,945 2024
Institute For Holotropics Inc CA$430,350 President $100,894 $91,330 2024
Center For Partnership Systems CA$305,972 President And Co-founder $50,000 $45,261 2024
Louisiana Family Forum Inc LA$433,568 President $117,494 $139,633 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to DE cost of living and 2025 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 default13th
Total compensation (D + F), as reported (no adjustments)13th
Reportable pay only (column D), adjusted15th
All sources (D + E + F), adjusted12th

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 (Carlos J Asarta) 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 60 similarly situated organizations (Same NTEE major group (V), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $32,500 is reasonable (approximately the 13th 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.