Live preview — download the board-ready PDF to attach to your minutes.Download the free PDF
Email yourself a copy:
PeerBasis
Compensation Comparability Determination

Lakeside Place Inc

Executive Director / CEO

EIN 593627035
FL · NTEE L20
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Babette Hankey, Executive Director / CEO ($37,346) against every comparable organization that fit the selection criteria — 172 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 67th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

172 organizations qualified on sector, size, and geography 172 within the band form the benchmarked peer set.

Distribution of comparable compensation

$842 total compensation of comparable organizations → $304,544 $37,346
$8,43910th
$16,11425th
$27,113Median
$42,51175th
$70,92790th
$37,346This org · 67th
p10$8,439
p25$16,114
p50$27,113
p75$42,511
p90$70,927
$37,346

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.

OrganizationStateRevenueMatched titleComp
(reported)
Comp
(adjusted)
FY
202 West 108 Street Hdfc Inc NY$85,011 President $25,733 $24,043 2024
Lf Bella Vista Apartments Inc AZ$84,942 President/ceo $34,911 $34,714 2024
Creative Housing Inc V OH$83,987 President $9,011 $9,867 2024
Ideal Apartments Housing MO$86,983 Executive Di $2,034 $2,228 2024
Housing Works Pitkin Avenue Hdfc Inc NY$83,738 Secretary $27,348 $26,306 2023
Community Residence For The Handicapped NY$87,120 Ceo (Thru 6/24) $110,029 $102,800 2024
Crow River Habitat For Humanity Inc MN$87,128 Executive Di $43,000 $45,229 2023
Habitat For Humanity Housing Development NY$87,385 Treasurer Until June 2023 $32,660 $31,416 2023
Community Alliance Housing NE$83,203 President & Ceo $35,341 $40,462 2023
Friendship Homes Inc TN$82,927 President $36,000 $38,117 2025
High Street Homes Inc MD$88,555 Director Of Finance (Beginning 8/22) $6,036 $6,007 2023
Alabama Communities Inc GA$82,106 Executive Di $80,000 $83,169 2024
35 Catherine Street Inc MA$88,841 President & Ceo $29,151 $27,885 2023
Lss Housing Hampton Inc WI$81,884 President $40,683 $43,930 2024
Valley Of The Sun School Properties Two AZ$81,744 Board Member $18,515 $18,411 2024
Tg 106 Inc TX$89,247 Executive Director $29,794 $30,815 2024
Shdc No 6 Inc HI$80,932 Exec. Dir. & Asst Secr. $12,721 $12,124 2023
Castleton Homes Inc MD$80,376 President & Ceo $20,896 $20,796 2023
Share Ix Inc NY$80,338 Executive Director $70,564 $67,875 2023
Collin's Way Inc MD$80,305 Ceo $7,826 $7,564 2024
Montgomery Housing Inc MD$80,042 President $20,272 $20,175 2023
Lackawanna Neighbors Inc PA$80,030 Executive Di $10,675 $11,007 2024
Ocean Housing Development Ii Inc NJ$79,485 Pres/ceo Non $42,001 $37,773 2025
Burrell Housing Springfield MO$91,600 President And Ceo - Pfh $270,117 $304,544 2023
Asi - Golden Valley Inc MN$78,963 President/tr $65,715 $69,121 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to FL cost of living and 2023 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 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 default67th
Total compensation (D + F), as reported (no adjustments)67th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted78th

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 (Babette Hankey) 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 172 similarly situated organizations (Same NTEE sector (L20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $37,346 is reasonable (approximately the 67th 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.