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PeerBasis
Compensation Comparability Determination

Folsom Community Development Corporation

Executive Director / CEO

EIN 680377492
CA · NTEE S30
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Joseph Gagliardi, Executive Director / CEO ($115,040) against every comparable organization that fit the selection criteria — 15 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 33rd percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

15 organizations qualified on sector, size, and geography 15 within the band form the benchmarked peer set.

Distribution of comparable compensation

$234 total compensation of comparable organizations → $261,804 $115,040
$43,65910th
$84,59025th
$141,941Median
$170,87275th
$179,79990th
$115,040This org · 33rd
p10$43,659
p25$84,590
p50$141,941
p75$170,872
p90$179,799
$115,040

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 CA 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
Teamcalifornia Economic Development Corp CA$366,573 Ceo $119,477 $119,477 2023
Enterprise Futures CA$371,118 Executive Director And President $157,597 $153,076 2024
Innovation For Green Advanced CA$407,982 Exec Dir, Treasurer $150,000 $141,941 2025
Fox Oakland Theater Inc CA$293,046 President $138,422 $138,422 2023
Long Beach Accelerator Inc CA$415,792 Executive Dir. $170,445 $170,445 2023
Marin Economic Forum CA$269,302 Ceo $188,542 $183,133 2024
Operation Reboot CA$452,245 Chief Executive Officer $169,982 $169,982 2023
So Cal Corporate Growth Partners CA$241,473 Executive Director $87,590 $87,590 2023
World Trade Center Association CA$237,400 President And Ceo $40,192 $39,039 2024
Santa Cruz Works CA$236,447 Executive Dir. $84,000 $81,590 2024
Laurel District Association CA$468,876 Executive Dir. $52,083 $50,589 2024
Sustainable Communities Fund CA$474,274 Chief Executive Officer $269,537 $261,804 2024
St Hope Development Company CA$490,629 Ceo $234 $234 2023
San Diego North Economic CA$491,997 Ceo $176,358 $171,298 2024
Somosvc CA$509,844 Executive Director/secretary $174,798 $174,798 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to CA 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 CA 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 default33rd
Total compensation (D + F), as reported (no adjustments)33rd
Reportable pay only (column D), adjusted40th
All sources (D + E + F), adjusted80th

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 (Joseph Gagliardi) 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 15 similarly situated organizations (Same NTEE sector (S30) + CA + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $115,040 is reasonable (approximately the 33rd 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.