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PeerBasis
Compensation Comparability Determination

Southeast Regional Development Corp

Executive Director / CEO

EIN 621594643
TN · NTEE S30
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of J W Gibson, Executive Director / CEO ($80,000) against every comparable organization that fit the selection criteria — 20 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 95th percentile of comparable organizationsabove the 90th percentile — board review recommended

Benchmarked executive: J W Gibson — reported title “Director”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

20 organizations qualified on sector, size, and geography 20 within the band form the benchmarked peer set.

Distribution of comparable compensation

$423 total compensation of comparable organizations → $107,970 $80,000
$7,16810th
$12,48825th
$24,376Median
$43,06175th
$57,36690th
$80,000This org · 95th
p10$7,168
p25$12,488
p50$24,376
p75$43,061
p90$57,366
$80,000

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
Downtown Dallas Inc Foundation TX$7,888 President & Ceo $44,383 $42,237 2024
Jump Shot Land Corporation GA$7,549 President $57,258 $54,771 2024
Harmony Lodge 17 Faam DC$7,511 Secretary $3,249 $2,712 2024
Buckman Trailblazers Snowmobile Club Inc MN$8,279 President $450 $423 2024
Fond Du Lac Area Real Estate And WI$7,181 Exec Dir Unt $9,671 $9,609 2024
Digital Enterprise Society OH$8,595 Operations Manager $107,153 $107,970 2024
Charlotterising MI$6,798 Executive Director $58,235 $57,184 2024
Posada Life Holdings Inc AZ$6,512 President/ceo $49,766 $45,533 2024
Northwest Minnesota Community Impact MN$9,202 President $9,537 $8,965 2024
478 Building Corporation Inc LA$6,295 President $30,667 $32,126 2024
Metals Service Center Institute IL$5,850 President & Ceo $24,280 $23,379 2023
Foundation For Rush Inc MS$5,735 Ceo - Ochsner Rush Health $54,090 $59,005 2023
Bbc Community Development Corporation SC$10,000 Treasurer $18,720 $18,579 2024
The Avj Foundation TX$5,497 Secretary $14,130 $13,447 2024
Hoyt Lakes Chamber Of Commerce MN$10,304 Gambling Manager $14,808 $13,561 2025
Monterra Community Fund CA$10,510 President $37,472 $30,783 2024
Sdbtc Family Housing Corp Three CA$10,985 Ceo $9,060 $7,663 2023
Liberation Park Market Hall CA$11,121 Treasurer, Board Member $30,000 $25,373 2023
Isles Community Enterprises Corp NJ$11,257 Managing Director $18,711 $15,893 2024
Evansville Sports Corporation IN$11,593 Member-at-large $26,061 $26,146 2024

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 default95th
Total compensation (D + F), as reported (no adjustments)95th
Reportable pay only (column D), adjusted95th
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 (J W Gibson) 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 20 similarly situated organizations (Same NTEE major group (S), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $80,000 is reasonable (approximately the 95th 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.