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PeerBasis
Compensation Comparability Determination

Spectrum Ringwood Apartments Inc

Executive Director / CEO

EIN 521980506
NJ · NTEE P80Z
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Christopher L Perry, Executive Director / CEO ($54,495) against every comparable organization that fit the selection criteria — 283 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 37th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

283 organizations qualified on sector, size, and geography 283 within the band form the benchmarked peer set.

Distribution of comparable compensation

$679 total compensation of comparable organizations → $424,444 $54,495
$19,47210th
$42,41925th
$64,979Median
$85,90075th
$103,97390th
$54,495This org · 37th
p10$19,472
p25$42,419
p50$64,979
p75$85,900
p90$103,973
$54,495

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 NJ 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
Heal Africa Usa WI$366,234 Executive Director $20,000 $23,394 2024
All Aboard Of America 1 WA$366,509 Executive Director $52,980 $53,126 2024
Connecticut Elks Association CT$367,008 Secretary $3,000 $3,244 2023
Paradox Sports CO$362,677 Executive Director $94,500 $104,487 2023
Down Syndrome Assoc Of Pittsburgh PA$369,176 Executive Di $41,818 $46,707 2024
The Saddle Light Center TX$369,556 President $47,794 $53,547 2024
Creede Early Learning Center CO$360,015 Executive Di $62,807 $67,452 2024
Forest Ridge Manor Inc TN$359,832 Secretary $26,880 $31,646 2024
House Of The Good Shepherd Of TN$359,671 Executive Di $90,516 $109,712 2023
New Kids Production & Design Inc GA$359,112 Executive Director $30,300 $34,123 2024
Art Spark Texas TX$358,886 Executive Director $62,868 $70,435 2024
Friendship Adventures WA$358,783 Board Chairman, Exec Direc $24,500 $25,294 2023
Chair-ity OH$371,177 Executive Director $60,000 $71,176 2024
Flywheel Foundation NC$358,465 Executive Di $74,301 $85,987 2024
Target Evolution Incorporated TX$358,079 Executive Director $72,420 $81,137 2024
Wounded Heroes Fund Kern County CA$371,752 Executive Dir. $64,690 $62,564 2024
Mens Challenge Of Alliance OH$371,979 Chairperson $41,000 $48,637 2024
Senora Woods Retirement Community MI$357,572 President & Ceo $31,878 $37,942 2023
Spirit Open Equestrian Program Inc VA$372,316 Executive Director $74,472 $80,536 2024
Supporting The Taylor House Inc CA$357,458 Executive Dir. $14,808 $14,744 2023
Building Pathways Foundation FL$372,524 Director $54,000 $58,496 2023
Cancer Services Of Davidson County Inc NC$372,760 Executive Director $68,538 $81,660 2023
Faith In Action Fremont County IA$372,788 Data Manager/driver $28,656 $35,142 2024
Shepherd Youth Ranch Inc NC$373,391 Executive Di $37,800 $45,038 2023
Po-mar-lin Fire Company PA$356,227 President $13,012 $14,533 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NJ 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 NJ 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 default37th
Total compensation (D + F), as reported (no adjustments)43rd
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted96th

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 (Christopher L Perry) 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 283 similarly situated organizations (Same NTEE sector (P80), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $54,495 is reasonable (approximately the 37th 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.