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PeerBasis
Compensation Comparability Determination

Statesville Elderly Housing Inc

Executive Director / CEO

EIN 562192096
NC · NTEE L22
FY ending 2024-09-30
June 9, 2026

This analysis benchmarks the total compensation of Lee Syria, Executive Director / CEO ($48,900) against every comparable organization that fit the selection criteria — 229 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 66th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

229 organizations qualified on sector, size, and geography 229 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2,131 total compensation of comparable organizations → $411,865 $48,900
$9,59010th
$18,62625th
$34,154Median
$56,93575th
$78,74590th
$48,900This org · 66th
p10$9,590
p25$18,626
p50$34,154
p75$56,935
p90$78,745
$48,900

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
Walker Meadow Retirement Community Inc MI$306,434 President & Ceo $31,878 $32,785 2023
2life Opus Newton Inc MA$299,715 President/ceo $36,606 $31,836 2024
Bridge House #11 Corporation NY$307,568 Ceo $18,651 $16,793 2023
Ucc Xviii Inc OH$298,976 Treasurer $50,772 $52,044 2024
Mackenzie Place 202-ii MO$309,227 President/ceo $41,197 $42,229 2024
Notre Dame Place Inc TX$309,665 Coo $211,338 $204,598 2024
Baileys Grove Retirement Community Inc MI$296,918 President & Ceo $31,878 $32,785 2023
Lutheran Housing Services 13 Inc OH$296,914 President/ce $62,368 $65,819 2023
Friendship Plaza I Inc OH$296,095 Treasurer $34,230 $36,124 2023
Catholic Housing Corporation Of Mt Penn PA$311,298 Chief Executive Officer $38,008 $37,766 2023
Lss Manor Inc - Lake Geneva WI$294,891 President $40,683 $41,120 2024
Caring Residential Services Ii Inc NJ$312,393 Pres And Exec Director Ope $157,895 $136,436 2024
Waukegan Housing Development Corp IL$294,305 President $51,025 $48,549 2024
Keats Gardens Inc RI$312,852 Chief Executive Officer $47,926 $44,476 2024
Switzerland County Housing Inc IN$312,921 Office Manager $19,501 $19,903 2024
Ucc Xxiv Inc MS$293,600 Treasurer $50,772 $54,727 2024
The Green Living Foundation Inc KS$292,792 Foundation Director $20,334 $21,260 2024
Episcopal Community Housing Inc NY$314,851 President/c.e.o. $29,230 $25,563 2024
East Liberty Supportive Housing Inc PA$315,404 Director And President $37,604 $36,293 2024
Fowler Christian Apartments Iii Inc TX$315,435 Executive Director $24,666 $24,585 2023
Boulevard Gardens Senior Housing MN$291,169 Eexecutive Vp Commonbond Housing $18,918 $18,626 2023
Rose Of Mary Terrace WA$290,470 Executive Di $36,157 $32,255 2023
South Charleston Unity Apts Inc WV$290,240 President $53,483 $56,044 2024
Newburgh Seniors' Housing Corporation- ME$289,775 Executive Director $3,355 $3,251 2024
Still Hopes Development Company SC$289,773 Ceo $116,170 $117,292 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 default66th
Total compensation (D + F), as reported (no adjustments)64th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted83rd

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 (Lee Syria) 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 229 similarly situated organizations (Same NTEE sector (L22), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $48,900 is reasonable (approximately the 66th 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.