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PeerBasis
Compensation Comparability Determination

Chickasaw Development Corporation

Executive Director / CEO

EIN 631190254
AL · NTEE L21
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Mike Sweet, Executive Director / CEO ($8,265) against every comparable organization that fit the selection criteria — 214 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 10th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Mike Sweet — reported title “SECRETARY TREASURER”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

214 organizations qualified on sector, size, and geography 214 within the band form the benchmarked peer set.

Distribution of comparable compensation

$328 total compensation of comparable organizations → $159,664 $8,265
$7,19510th
$20,26725th
$34,967Median
$51,86675th
$61,88090th
$8,265This org · 10th
p10$7,195
p25$20,267
p50$34,967
p75$51,866
p90$61,880
$8,265

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 AL 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
Snhs Elderly Housing Xi Inc NH$254,568 Treasurer $53,564 $44,601 2025
Serv Center Housing Corporation NJ$255,242 President $58,960 $48,727 2024
Delano Commons Senior Housing MN$252,437 Executive Vp Of Commonbond Housing $18,918 $17,814 2023
Westfall Heights Housing NY$252,359 President (Until 1/19/24) $32,299 $27,016 2024
Noble Housing Corporation ME$252,301 Interim President And Ceo $47,322 $43,862 2024
Edith Street Apartments Inc CA$257,405 Former Exec Dir $15,870 $13,060 2023
The Crossings Of Amelia Inc OH$258,565 Chief Executive Officer $8,517 $8,350 2024
West Central Missouri Oaktree Villa MO$259,046 Chief Executive Officer $24,797 $23,684 2025
Lutheran Housing Of La Crosse Inc WI$249,199 Chief Executive Officer $73,275 $70,835 2024
Mcgee Plaza Housing Development Fund NY$248,489 Executive Director $150,000 $129,171 2023
Alexandria Senior Housing Inc MN$247,725 President & Ceo $41,871 $38,297 2024
Plaza Del Sol Manor Inc CO$261,876 Executive Dir. $34,362 $30,499 2024
Hart Residences Inc CT$263,431 Executive Di $11,320 $10,114 2023
Minnehaha County Supportive Housing MN$264,357 President/tr $65,715 $61,880 2023
Snhs Elderly Housing Vi Inc NH$242,562 Treasurer $53,564 $44,601 2025
Asi Mobile Inc MN$242,462 President/tr $68,006 $60,597 2025
Reach Apartments Inc OR$241,618 President & Ceo (Until Oct. 2023) $27,042 $23,932 2023
Independent Living Horizons Thirteen In GA$241,393 President/ceo $21,151 $20,267 2023
Sanctuary Village PA$240,537 Executive Di $98,654 $91,065 2024
Snhs Elderly Housing V Inc NH$268,258 Treasurer $53,564 $44,601 2025
Albemarle Older Adult Housing Inc NC$240,107 President/ceo $48,900 $46,769 2024
Our Neighbors Inc NC$268,874 Executive Dir. $39,000 $36,340 2025
Plazas De Merced CO$269,480 Vice President $34,402 $31,436 2023
Carolina Senior Living NC$269,564 President/ceo $48,900 $46,769 2024
Good Shepherd Of Washington WI$236,337 President And Ceo $33,743 $32,619 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to AL 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 AL 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 default10th
Total compensation (D + F), as reported (no adjustments)10th
Reportable pay only (column D), adjusted0th
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 (Mike Sweet) 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 214 similarly situated organizations (Same NTEE sector (L21), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $8,265 is reasonable (approximately the 10th 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.