Live preview — download the board-ready PDF to attach to your minutes.Download the free PDF
Email yourself a copy:
PeerBasis
Compensation Comparability Determination

Cadco Foundation Inc

Executive Director / CEO

EIN 550680725
WV · NTEE S32Z
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Mara C Boggs, Executive Director / CEO ($19) against every comparable organization that fit the selection criteria — 19 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 0th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Mara C Boggs — reported title “President and CEO from 10/01/24”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

19 organizations qualified on sector, size, and geography 19 within the band form the benchmarked peer set.

Distribution of comparable compensation

$365 total compensation of comparable organizations → $130,406 $19
$4,17110th
$16,91725th
$57,740Median
$73,69075th
$97,80790th
$19This org · 0th
p10$4,171
p25$16,917
p50$57,740
p75$73,690
p90$97,807
$19

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 WV 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
Beautiful Downtown Lewiston ID$226,853 Executive Dir. $72,120 $75,941 2022
Rural Services Of Indiana Inc IN$267,542 Director $130,050 $130,406 2023
Rural Development Leadership NY$206,538 President $20,000 $16,691 2024
Yadkin County Economic Development NC$273,413 President $101,010 $96,394 2024
Greencastleputnam Co Developmt Cntr Inc IN$203,626 Executive Director $93,000 $90,579 2024
Center For Community Transformation Inc OK$277,565 Secretary-treasurer $4,257 $4,329 2024
West End Economic Development Corporation CO$200,738 Executive Director $71,536 $65,224 2023
Rural Preservation Company Of Clinton NY$278,985 Executive Dir. $55,105 $45,989 2024
Harrison County Agriculture Society IA$191,314 Manager $3,600 $3,641 2024
Valdese Economic Development Invest NC$288,431 Director $72,711 $71,438 2023
Driftless Development Inc WI$186,492 Executive Director $73,550 $70,943 2024
Rei Capital Access Fund Inc OK$292,647 President $42,667 $43,392 2024
Griggs-steele Empowerment Zone Inc ND$296,295 President $360 $365 2024
The Living River Restoration Trust VA$311,836 Executive Director $29,231 $26,067 2024
Logan County Economic Development CO$320,715 Executive Director $113,473 $103,460 2023
The Granary Foundation NE$329,446 Executive Director $17,257 $17,142 2024
Southernmost Illinois Delta Empowerment Zone Inc IL$332,466 Executive Director $63,591 $57,740 2024
Beadle And Spink Enterprise SD$340,295 Executive Di $67,175 $68,471 2024
Iaf Northwest WA$344,164 Lead Organizer $5,205 $4,304 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to WV 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 WV 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 default0th
Total compensation (D + F), as reported (no adjustments)0th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted42nd

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 (Mara C Boggs) 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 19 similarly situated organizations (Same NTEE sector (S32), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $19 is reasonable (approximately the 0th 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.