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PeerBasis
Compensation Comparability Determination

Naugatuck Economic Development

Executive Director / CEO

EIN 562320868
CT · NTEE S30
FY ending 2025-06-30
June 9, 2026

This analysis benchmarks the total compensation of Ron Pulgiese, Executive Director / CEO ($57,115) against every comparable organization that fit the selection criteria — 53 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 49th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

53 organizations qualified on sector, size, and geography 53 within the band form the benchmarked peer set.

Distribution of comparable compensation

$5,054 total compensation of comparable organizations → $139,128 $57,115
$12,51710th
$33,14225th
$57,976Median
$80,55875th
$92,68890th
$57,115This org · 49th
p10$12,517
p25$33,142
p50$57,976
p75$80,558
p90$92,688
$57,115

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 CT 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
City Urban Revitalization Corporation CA$124,456 Executive Director $35,986 $33,142 2025
Mt Washington Valley Economic Council NH$126,072 Executive Director $69,758 $70,516 2024
Carb Center For Small Business Techctr PA$123,973 Executive Director $49,563 $55,708 2023
Made With Cola Love SC$127,580 Director $12,917 $14,753 2024
Chinatown Partnership Local Development NY$120,303 Executive Director $136,604 $139,128 2023
Opportunity Wichita Inc KS$132,579 President - Greater Wichita Partnership $28,612 $33,840 2024
Greater Portland Partnership OR$117,584 President And Ceo & Director $59,088 $60,072 2024
Xlerate Health Inc KY$117,500 Chief Executive Officer $20,000 $23,523 2024
Hudson Development Corporation NY$117,479 Executive Director $36,997 $37,681 2023
Camba Economic Development Corporation NY$133,495 President/ceo $87,526 $89,142 2023
Crawford County Development Association IL$116,392 Executive Director $60,000 $64,577 2024
Sonoma County Economic Development CA$115,632 Ed/secretary $13,221 $12,498 2024
The Greater Wilkes-barre Development PA$134,703 President/ceo $11,279 $12,313 2024
Greater Topeka Partnership Foundation KS$113,645 President & Ceo $51,343 $62,517 2023
Northwest Nebraska Development Corp NE$112,564 Executive Di $55,093 $64,871 2024
Maslow Development Inc CA$139,467 Executive Director $93,750 $91,242 2023
Pickaway County Visitors Bureau OH$140,099 Executive Di $41,677 $49,752 2023
Economic And Community Growth PA$109,285 President/ce $43,001 $46,946 2024
Development Research Corporation OH$141,374 President & Ceo $44,158 $52,714 2023
Advance Shullsburg Inc WI$141,601 Director $10,633 $12,157 2024
Mexicantown Community Development Corp MI$141,691 Executive Director $5,334 $6,027 2024
Argentine Betterment Corporation KS$106,067 Executive Dir. $70,868 $86,292 2023
North Sioux City Economic SD$144,857 Executive Director $92,288 $114,797 2023
Wv Coalition For Technology Based WV$145,078 Chair/executive Director Part Year $78,500 $93,049 2024
Rolla Regional Economic Commission MO$145,282 Executive Dir. $34,500 $41,185 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to CT cost of living and 2025 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 CT 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 default49th
Total compensation (D + F), as reported (no adjustments)58th
Reportable pay only (column D), adjusted55th
All sources (D + E + F), adjusted25th

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 (Ron Pulgiese) 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 53 similarly situated organizations (Same NTEE sector (S30), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $57,115 is reasonable (approximately the 49th 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.