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PeerBasis
Compensation Comparability Determination

Shands Jacksonville Healthcare Inc

Executive Director / CEO

EIN 592441966
FL · NTEE E31Z
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Russell E Armistead Jr Mba, Executive Director / CEO ($19,903) against every comparable organization that fit the selection criteria — 163 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 9th percentile of comparable organizationsbelow the typical range for comparable organizations

How comparable organizations were selected

163 organizations qualified on sector, size, and geography 163 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,379 total compensation of comparable organizations → $20,432,618 $19,903
$20,86710th
$41,83025th
$78,521Median
$201,90575th
$367,34390th
$19,903This org · 9th
p10$20,867
p25$41,830
p50$78,521
p75$201,905
p90$367,343
$19,903

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

OrganizationStateTotal revenueTotal compSource
Lifecare Supportive Medicine IncNC $0$66,076 990
Metairie Physicians Services IncLA $0$24,262 990
Crotched Mountain Rehabilitation CenterNH $0$30,561 990
Hamilton Health Center CommunityPA $0$13,915 990
Hebrew Homes Health Network IncNJ $0$270,889 990
Choice Healthcare Foundation IncGA $0$12,845 990
Texas Employers For AffordableTX $0$53,241 990
Ochin Practice ServicesOR $0$87,005 990
Family Health Center Realty IncMA $0$25,059 990
Piedmont Triad Health ServicesNC $0$201,846 990
Douglas Gardens Senior Housing IncFL $0$30,453 990
Peacehealth NetworksWA $0$330,686 990
Chesapeake Head Injury Center IncMD $0$128,174 990
Um HealthMI $0$887,970 990
Southwest Community Hospital IncTX $0$346,921 990
Phoebe Dorminy Medical Center IncGA $0$299,987 990
Trinity Health Pace Of Montgomery CountyMD $0$167,167 990
Hrh Real Estate Holding Company IncIN $0$1,379 990
Nyu Langone Ipa IncNY $0$2,187,127 990
Dana-farber Cancer Care Network IncMA $0$329,540 990
General Living Centers IncLA $0$393,675 990
Tufts Medical Center Parent IncMA $0$334,214 990
Collier Health Care IncFL $0$35,129 990
Baystate Total Home Care IncMA $0$41,127 990
Baptist Patient Safety System IncTN $0$218,084 990

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 FL 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 default9th
Total compensation (D + F), as reported (no adjustments)10th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted45th

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 (Russell E Armistead Jr Mba) 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 163 similarly situated organizations (Same NTEE major group (E), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $19,903 is reasonable (approximately the 9th 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.