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PeerBasis
Compensation Comparability Determination

Chadwick Apartments Inc

Executive Director / CEO

EIN 561786295
NC · NTEE L20Z
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Yolanda Winstead, Executive Director / CEO ($15,432) against every comparable organization that fit the selection criteria — 297 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 19th percentile of comparable organizationsbelow the typical range for comparable organizations

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

How comparable organizations were selected

297 organizations qualified on sector, size, and geography 297 within the band form the benchmarked peer set.

Distribution of comparable compensation

$148 total compensation of comparable organizations → $338,539 $15,432
$7,84210th
$17,80025th
$36,124Median
$58,05675th
$81,50590th
$15,432This org · 19th
p10$7,842
p25$17,800
p50$36,124
p75$58,056
p90$81,505
$15,432

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 NC 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
Second Wind Cottages Inc NY$319,875 Executive Director $27,100 $24,400 2023
Community Home Builders And Associates CA$319,711 President $63,791 $53,310 2024
Somerset Court Apartments Inc VA$321,674 Ceo/president $59,710 $55,797 2024
Heartland Sawyer Gardens Inc IL$324,810 President/ceo (Part Year) $64,935 $61,783 2024
Girard Lutheran Housing Corporation PA$315,473 Chief Executive Officer $39,302 $39,052 2023
Memphis Chamber Foundation TN$314,663 President $48,815 $51,126 2023
Safe Haven Transitional Inc GA$314,571 Exec Director $70,042 $70,172 2023
Metropolitan Housing Coalition Inc KY$326,752 Executive Director $77,500 $80,583 2024
Mid-peninsula Coastside Inc CA$327,693 Cfo / Assistant Secretary $59,660 $51,330 2023
American Housing Preservation TN$328,072 President $4,000 $4,069 2024
Vincentian Housing Corporation Inc FL$328,159 Ceo $38,494 $34,998 2024
Habitat For Humanity MI$328,579 Executive Director $55,700 $57,284 2023
Neighborhood Housing Inc WI$311,968 President $38,280 $38,691 2024
Stoney Pinecharities Housing Corp CA$311,730 President (Thru 12/24) $51,561 $43,090 2024
Rainbow Horizons CA$311,306 President & Ceo Of New Horizons $8,068 $6,941 2023
Twin Pines Apartments Inc ID$310,754 Chief Executive Officer $6,686 $6,884 2024
Parkway Commons Housing Development NY$332,966 Ceo $62,774 $54,898 2024
Start Easy Eagle Development NJ$333,018 Ceo $11,980 $10,352 2024
Community Housing Trust Of Sarasota FL$333,180 Executive Di $16,750 $15,229 2024
Habitat For Humanity International MT$333,351 Executive Director $55,650 $58,056 2024
Martin Luther King Housing Development Association WA$306,914 Interim Executive Director $78,000 $67,586 2024
Fulton Gardens Ii Corporation TX$306,407 President $13,180 $12,760 2024
Nautical Affordable Housing Inc TX$306,354 Executive Di $233,050 $225,617 2024
New Development Corporation MI$334,395 Executive Director $81,471 $83,788 2023
Affordable Housing First Corp FL$306,100 President $7,500 $6,819 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NC 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 NC 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 default19th
Total compensation (D + F), as reported (no adjustments)18th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted72nd

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 (Yolanda Winstead) 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 297 similarly situated organizations (Same NTEE sector (L20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $15,432 is reasonable (approximately the 19th 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.