Executive Director / CEO
This analysis benchmarks the total compensation of Esther L Caro, Executive Director / CEO ($7,200) against every comparable organization that fit the selection criteria — 33 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.
Compensation sits at approximately the 15th percentile of comparable organizationsbelow the typical range for 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); the reported amount is on each linked 990.
| Organization | State | Total revenue | Total comp | Source |
|---|---|---|---|---|
| Houston Area Urban Community | TX | $80,841 | $111,996 | 990 |
| Maxcen Housing Society Inc Indiana Branch | IN | $80,935 | $5,012 | 990 |
| Marblehead Community Housing Corporation | MA | $79,953 | $24,078 | 990 |
| Central Ohio Housing Development | OH | $79,340 | $8,332 | 990 |
| Maxcen Housing Society Inc New Mexico Branch | NM | $75,884 | $5,014 | 990 |
| Union Apartment Project Inc | NJ | $75,452 | $98,598 | 990 |
| Adirondack Housing Development Fund Co | NY | $75,437 | $11,653 | 990 |
| Collaborative Development Corporation | FL | $74,770 | $16,815 | 990 |
| New Visions Housing Corporation | CA | $74,606 | $26,967 | 990 |
| Vista Homes Housing Corporation | CA | $88,059 | $26,967 | 990 |
| Vesta Four Inc | MD | $88,794 | $20,803 | 990 |
| Lss Housing Center Street Inc | WI | $89,500 | $39,516 | 990 |
| Dakota Land Trust | SD | $70,961 | $2,885 | 990 |
| Lss Housing Granville Inc | WI | $91,084 | $38,239 | 990 |
| Asi Ramsey County Inc | MN | $92,103 | $63,830 | 990 |
| Coburn Woods Inc | OR | $94,131 | $17,612 | 990 |
| Walnut Affordable Housing Inc | NY | $66,667 | $38,839 | 990 |
| Heritage Plaza Phase I | CA | $64,407 | $3,271 | 990 |
| Riverview Resident Assistance Foundation | WA | $98,197 | $32,262 | 990 |
| Anvil-richard Allen Gardens Inc | FL | $63,184 | $31,864 | 990 |
| 1213 William Street Corporation | FL | $98,568 | $19,462 | 990 |
| Greater Lake City Community Development Corp Inc | FL | $100,105 | $9,907 | 990 |
| San Juan Housing Corporation | CO | $60,557 | $44,384 | 990 |
| Communities For Healing & Justice | NY | $56,807 | $129,166 | 990 |
| Oscar Housing Foundation | CA | $105,151 | $61,000 | 990 |
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. 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.
Sensitivity — the subject's percentile under alternative compensation definitions:
| Basis | Subject percentile |
|---|---|
| Total compensation (D + F), cost-of-living + inflation adjusted — the PeerBasis default | 15th |
| Total compensation (D + F), as reported (no adjustments) | 15th |
| Reportable pay only (column D), adjusted | 76th |
| All sources (D + E + F), adjusted | 30th |
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.
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
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.