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PeerBasis
Compensation Comparability Determination

Memphis & Shelby Co Vet Med Assn Inc

Executive Director / CEO

EIN 581882957
TN · NTEE S41
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Lee M Hughes, Executive Director / CEO ($24,000) against every comparable organization that fit the selection criteria — 56 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 38th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

56 organizations qualified on sector, size, and geography 56 within the band form the benchmarked peer set.

Distribution of comparable compensation

$986 total compensation of comparable organizations → $198,223 $24,000
$7,93210th
$15,91525th
$34,889Median
$54,05175th
$72,07890th
$24,000This org · 38th
p10$7,932
p25$15,915
p50$34,889
p75$54,051
p90$72,078
$24,000

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 TN 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
Indiana Pawnbrokers Assocation Inc IN$74,862 Executive Director $21,000 $21,690 2023
Parking Industry Institute DC$73,664 Secretary/treasurer/exec Dir $41,845 $34,033 2025
Certification Institute AR$73,200 President $12,828 $13,718 2024
Southwest Veterans Chamber Of Commerce AZ$76,695 Executive Dir. $26,791 $24,512 2024
Aerox NC$73,124 President & Director $195,867 $198,223 2023
International Forum On Ansi-41 Standards Technology MD$72,158 Secretariat $96,000 $85,385 2024
The Hispanic Chamber Of Commerce Of Grand Prairie TX$77,773 President $7,000 $6,662 2024
Whitetail Deer Farmers Of Ohio Inc OH$72,034 Executive Director $36,000 $37,346 2023
La Paz Economic Development Corp AZ$78,013 President $75,000 $66,852 2025
Montgomery Area Chamber Of Commerce TX$79,463 Executive Dir. $57,750 $56,581 2023
Northwestern Showmen's Club OR$79,706 Secretary $9,000 $7,951 2024
Lower Santa Cruz River Allianceinc AZ$80,000 President Ce $52,500 $49,453 2023
Ohio High School Bowling Coaches OH$80,612 Executive Di $29,400 $28,860 2025
Federation Of Mental Health Services Inc NY$81,000 Presdent $19,200 $16,993 2023
National Independent Talent Organization CA$81,184 Executive Dir. $49,998 $41,073 2024
Monitor Inc DC$81,986 Director, Co-chairman $154,006 $132,368 2023
Tx Assoc Of Mexican American Chambers Of Commerce TX$82,485 President/ceo $35,600 $33,879 2024
Commercial Space Progress NM$83,608 Ceo And Director $42,914 $43,911 2024
Montana Avenue Merchant Association CA$83,773 Treasurer $1,750 $1,438 2024
Tama Toledo Area Chamber Of Commerc IA$64,262 Secretary/co $17,956 $18,704 2024
Quad City Association Of Finishing IA$64,036 Executive Director $37,724 $40,456 2023
Dealercpa Network Inc NY$85,900 Executive Director $28,800 $25,490 2023
Seaside Downtown Development Association OR$62,351 Executive Director $46,344 $40,944 2024
Ketchikan Charr Inc AK$61,418 President $8,700 $7,913 2024
Namc-dallas Fortworth Chapter Inc TX$88,494 President $14,000 $13,717 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to TN 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 TN 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 default38th
Total compensation (D + F), as reported (no adjustments)38th
Reportable pay only (column D), adjusted41st
All sources (D + E + F), adjusted34th

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 M Hughes) 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 56 similarly situated organizations (Same NTEE sector (S41), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $24,000 is reasonable (approximately the 38th 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.