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PeerBasis
Compensation Comparability Determination

Cfa Society North Carolina Inc

Executive Director / CEO

EIN 561824044
NC · NTEE S41
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Sheri Gillette, Executive Director / CEO ($102,750) against every comparable organization that fit the selection criteria — 17 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 71st percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

17 organizations qualified on sector, size, and geography 17 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2,177 total compensation of comparable organizations → $257,384 $102,750
$17,75010th
$53,14625th
$84,000Median
$107,11775th
$146,02590th
$102,750This org · 71st
p10$17,750
p25$53,146
p50$84,000
p75$107,117
p90$146,025
$102,750

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
Southern Independent Bookseller Alliance NC$362,725 Executive Dir. $80,000 $80,000 2024
Aia Triangle NC$363,417 Executive Director $90,000 $90,000 2024
Greater Fayetteville Chamber NC$352,168 Executive Di $94,850 $97,652 2023
Holly Springs Chamber Of Commerce Inc NC$336,055 Executive Director $77,146 $79,425 2023
North Carolina Dermatology Association NC$321,213 Executive Director $17,375 $17,375 2024
Aia Charlotte A Section Of The Nc NC$320,443 Executive Director $113,131 $116,473 2023
Asheville Independent Restaurant NC$309,799 Executive Di $84,000 $84,000 2024
Research Triangle Cleantech Cluster NC$293,453 Executive Dir. $133,976 $137,933 2023
Angier Chamber Of Commerce NC$429,638 Executive Di $51,621 $53,146 2023
Carolina Fintech Hub NC$277,388 President $250,000 $257,384 2023
Franklin County Home Builders NC$272,652 Executive Di $2,115 $2,177 2023
Trebic Inc NC$463,665 Director/president $91,705 $91,705 2024
Crew Charlotte Inc NC$473,737 Executive Director $104,044 $107,117 2023
Carolinas Chapter - Cmaa NC$477,616 Member Services Manager $70,355 $70,355 2024
Rowan County Chamber Of Commerce NC$511,865 President $153,625 $158,163 2023
North Carolina Hosa - NC$513,470 E.d./ex Offi $30,000 $30,886 2023
Alliance Of Comprehensive Planners Inc NC$535,357 Director $18,000 $18,000 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 default71st
Total compensation (D + F), as reported (no adjustments)71st
Reportable pay only (column D), adjusted76th
All sources (D + E + F), adjusted71st

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 (Sheri Gillette) 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 17 similarly situated organizations (Same NTEE sector (S41) + NC + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $102,750 is reasonable (approximately the 71st 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.