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PeerBasis
Compensation Comparability Determination

Louisa County Chamber Of Commerce

Executive Director / CEO

EIN 541710906
VA · NTEE S41
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Tracy Clark, Executive Director / CEO ($53,003) against every comparable organization that fit the selection criteria — 270 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 45th percentile of comparable organizationswithin the typical range

Benchmarked executive: Tracy Clark — reported title “EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

270 organizations qualified on sector, size, and geography 270 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1 total compensation of comparable organizations → $217,165 $53,003
$11,02810th
$32,60525th
$57,071Median
$78,88175th
$110,68190th
$53,003This org · 45th
p10$11,028
p25$32,605
p50$57,071
p75$78,881
p90$110,681
$53,003

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 VA 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
Ofs Holdings Inc WI$164,415 Executive Director (Thru 04/24) $22,790 $23,943 2024
Texas Organization Of Residential Care Homes TX$167,246 Secretary $61,962 $62,351 2024
Committee For The Advancement Of NJ$167,579 President $9,542 $8,824 2023
Joliet Latino Economic Development Assoc IL$167,992 Program Manager $55,504 $56,514 2023
Brazoria County Hispanic Chamber Of Commerce TX$168,188 President $50,601 $50,919 2024
Texas Alternative Investments Association Inc TX$163,149 Secretary $10,661 $10,728 2024
Delafield Chamber Of Commerce WI$168,405 Executive Director $68,261 $71,715 2024
Greater East Dallas Chamber Of Commerce TX$162,675 Executive Staff $39,900 $41,337 2023
Mosinee Area Chamber Of Commerce Inc WI$169,850 Executive Director $61,787 $66,831 2023
Ellinger Chamber Of Commerce TX$161,046 Director $3,600 $3,623 2024
The Colony Chamber Of Commerce Inc TX$160,967 Executive Director $26,890 $27,059 2024
Lower Rio Grande Valley Chapter Of TX$160,611 Executive Di $65,114 $67,459 2023
West Plains Chamber Of Commerce WA$171,397 Executive Director $71,610 $64,496 2024
Conferencia Latino Americana De Companias Express Inc FL$159,996 Exacutive Director $124,992 $121,611 2023
Lewisville Clemmons Chamber Of Commerce Inc NC$159,746 Executive Director $60,895 $63,297 2024
Seattle Latino Metropolitan Chamber Of Commerce WA$159,386 President $72,606 $67,324 2023
Toledo Bar Association Foundation OH$159,344 Executive Director $19,180 $21,039 2023
Southeast Dairy Farmers Association Inc VA$157,907 Executive Director $145,944 $145,944 2023
Delaware Food Industry Council DE$173,788 Executive Director $158,583 $156,205 2024
La Mesa Chamber Of Commerce Inc CA$157,627 President $90,000 $76,164 2025
Small Business Council Of America Inc GA$173,977 Secretary $9,000 $9,372 2023
Polish American Chamber Of Commerce IL$157,457 Executive Director $47,809 $47,282 2024
Hawaii Association Of Broadcasters HI$157,349 Exec Directo $57,599 $51,876 2024
Wadena Chamber Of Commerce MN$157,268 Executive Dir. $73,850 $73,408 2024
International Association Of Venue TX$157,024 President & Ceo $28,854 $29,035 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to VA cost of living and 2023 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 VA 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 default45th
Total compensation (D + F), as reported (no adjustments)45th
Reportable pay only (column D), adjusted47th
All sources (D + E + F), adjusted41st

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 (Tracy Clark) 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 270 similarly situated organizations (Same NTEE sector (S41), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $53,003 is reasonable (approximately the 45th 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.