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PeerBasis
Compensation Comparability Determination

Affordable Housing Fund For Puerto Rico Inc

Executive Director / CEO

EIN 660920607
PR · NTEE L12
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Annette Montoto, Executive Director / CEO ($120,600) against every comparable organization that fit the selection criteria — 958 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 96th percentile of comparable organizationsabove the 90th percentile — board review recommended

Benchmarked executive: Annette Montoto — reported title “EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

958 organizations qualified on sector, size, and geography 958 within the band form the benchmarked peer set.

Distribution of comparable compensation

$285 total compensation of comparable organizations → $535,028 $120,600
$9,29510th
$20,84625th
$39,896Median
$65,71575th
$82,45490th
$120,600This org · 96th
p10$9,295
p25$20,846
p50$39,896
p75$65,715
p90$82,454
$120,600

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.

OrganizationStateRevenueMatched titleComp
(reported)
Comp
(adjusted)
FY
Wellstone Commons Senior Housing MN$218,737 Executive Vice President $18,918 $19,477 2023
Acacia Real Estate Development Inc NY$218,550 President $101,830 $101,830 2024
Los Alamos Housing Partnership Inc NM$218,972 Executive Dir. $130,833 $130,833 2024
Rebuilding Together Muscatine County Inc IA$218,296 Executive Director $14,500 $14,126 2025
Jamestown Lutheran Housing Corporation PA$219,092 Chief Executive Officer $39,302 $40,463 2023
Margaret Wagner Apartments Inc OH$217,943 President & Ceo $29,437 $30,306 2023
Hawthorne Supportive Housing Inc NJ$217,758 Secretary/treasurer $25,989 $26,757 2023
Germantown Section 811 Housing PA$217,744 President & Ceo $25,525 $26,279 2023
Legacy Affordable Housing Trust SC$219,640 President $30,500 $30,500 2024
Macgregor Housing Development Corporation NC$219,798 President $41,059 $41,059 2024
Triple R Community Housing I Inc AZ$217,338 President/ceo $3,000 $3,000 2024
Phoenixville Womens Outreach PA$220,134 Executive Director $50,034 $50,034 2024
Continuum Supportive Housing Of CT$217,156 President & Ceo (Until 7/2/24) $99,790 $99,790 2024
Magnolia Manor Of Macon Supportive GA$217,128 Ceo $9,957 $10,251 2023
Swap Community Land Trust Inc RI$220,415 Executive Director $11,860 $12,210 2023
Ford Road Supportive Housing Inc CA$220,641 President $43,669 $44,959 2023
Green River Asset Building KY$216,637 Executive Di $57,269 $55,793 2025
Alpha Sigma Lambda IL$220,835 Executive Director $48,312 $48,312 2024
Visionary Ventures Nfp Corporation IL$216,328 Executive Director $13,900 $13,900 2024
New Directions Housing Corporation IL$221,054 President $150,000 $154,431 2023
The Good Shepherd Housing Development PA$221,076 President & Ceo $36,114 $37,181 2023
Philippians Place NC$216,132 Executive Di $18,760 $18,276 2025
Duluth Supportive Housing Inc MN$216,117 President/tr $68,006 $66,253 2025
Monterey Road Supportive Housing Corp CA$221,237 President $39,896 $39,896 2024
Group Homes Of Alabama Voa Elderly AL$216,015 President/ceo $53,238 $51,866 2025

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to PR 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. 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 default96th
Total compensation (D + F), as reported (no adjustments)96th
Reportable pay only (column D), adjusted98th
All sources (D + E + F), adjusted39th

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 (Annette Montoto) 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 958 similarly situated organizations (Same NTEE major group (L), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $120,600 is reasonable (approximately the 96th 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.