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PeerBasis

Compensation Comparability Determination

Florida Voa Elderly Housing Inc

Executive Director / CEO

EIN 581700964
VA · NTEE L21Z
FY ending 2025-06-30
June 9, 2026

This analysis benchmarks the total compensation of Michael W King, Executive Director / CEO ($183,373) against every comparable organization that fit the selection criteria — 14 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 86^th percentile of comparable organizationswithin the typical range

How comparable organizations were selected

SectorOrganizations sharing the subject's NTEE classification (L21Z).
BudgetTotal revenue between $1,149 and $2,574 — 0.67× to 1.50× the subject's $1,716 (the band tightens as size grows).
GeographySame NTEE major group (L), nationwide + budget 0.67–1.5× revenue.

14 organizations qualified on sector, size, and geography → 14 within the band form the benchmarked peer set.

Distribution of comparable compensation

$10,11310th

$20,96825th

$43,320Median

$84,62275th

$180,37090th

$183,373This org · 86th

p10$10,113

p25$20,968

p50$43,320

p75$84,622

p90$180,370

$183,373

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 VA cost of living (BEA RPP, 2023) and to its filing year (CPI-U); the reported amount is on each linked 990.

Organization	State	Total revenue	Total comp	Source
Light Of Life Support Corporation 2	PA	$1,715	$22,295	990
City Heights Senior Housing Corporation	CA	$1,728	$35,367	990
Eskaton Fountainwood Lodge	CA	$1,434	$51,272	990
Eddy Street Inc	CA	$2,000	$19,230	990
Ecothrive Housing	WA	$1,378	$23,486	990
Arlington Good Samaritan	SD	$1,365	$173,364	990
Ellis Street Inc	CA	$2,085	$6,206	990
New Chauncey Housing Incorporated	IN	$1,312	$91,339	990
Suncoast Sustainable Corporation	FL	$2,122	$20,525	990
Buckner Fhc-bachman Lake	TX	$1,260	$190,904	990
Pinellas County Voa Elderly Housing	VA	$2,209	$183,373	990
Communities Empowering People Together	GA	$1,200	$3,379	990
Aguila Inc	NY	$1,162	$64,470	990
Jhc-woodglen Inc	CA	$2,550	$59,539	990

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 VA 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

Peer count14 organizations — below 15; treat the percentiles as indicative, not precise. Compensation range $3,379–$190,904; filing years 2023–2025.
Size basisMatched on total revenue ($1,716); for reference, expenses $3,439 and assets $0. Revenue and expenses diverge this year — revenue may misrepresent operating size; weigh the expense-based view.
Role matchMichael W King, reported title "PRESIDENT", benchmarked as Executive Director / CEO. Selected as the organization's highest-paid individual without an exact title match — the board should confirm this is a comparable role.
Related-org pay11 peers report related-organization compensation (column E), which the D + F benchmark does not fully capture; review where material.
Outliers2 peers fall outside 1.5× the interquartile range — consider whether any reflect one-time payments (severance, deferred-comp payouts).

Sensitivity — the subject's percentile under alternative compensation definitions:

Basis	Subject percentile
Total compensation (D + F), cost-of-living + inflation adjusted — the PeerBasis default	86^th
Total compensation (D + F), as reported (no adjustments)	93^rd
Reportable pay only (column D), adjusted	0^th
All sources (D + E + F), adjusted	86^th

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

The compensation of the Executive Director / CEO (Michael W King) was approved in advance by [the Board / Compensation Committee], composed of members with no conflict of interest with respect to the arrangement.
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 14 similarly situated organizations (Same NTEE major group (L), nationwide + budget 0.67–1.5× revenue).
The authorized body determined that total compensation of $183,373 is reasonable (approximately the 86^th 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). 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.