Live preview — download the board-ready PDF to attach to your minutes.Download the free PDF
Email yourself a copy:
PeerBasis
Compensation Comparability Determination

Independence Hill Inc

Executive Director / CEO

EIN 721545927
CO · NTEE L21
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Joseph Thompson, Executive Director / CEO ($43,633) against every comparable organization that fit the selection criteria — 206 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 54th percentile of comparable organizationswithin the typical range

Benchmarked executive: Joseph Thompson — reported title “PRESIDENT/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

206 organizations qualified on sector, size, and geography 206 within the band form the benchmarked peer set.

Distribution of comparable compensation

$289 total compensation of comparable organizations → $304,449 $43,633
$9,45710th
$22,33725th
$39,396Median
$67,71975th
$69,71990th
$43,633This org · 54th
p10$9,457
p25$22,337
p50$39,396
p75$67,719
p90$69,719
$43,633

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 CO 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
Pendleton Ministries 2 Inc CO$200,000 President/director $35,478 $35,478 2024
Renaissance Court Inc OR$200,240 Executive Director $20,653 $20,002 2024
Lutheran Housing Corporation Prairie Lake Apartments SD$200,659 Secretary/treasurer $33,490 $39,684 2023
Castorland Housing Development NY$200,935 Member/site Manager $32,500 $30,627 2024
St Annes Retirement Community CA$201,444 Ceo President $63,000 $56,734 2024
Catholic Housing Corporation Of Lansford PA$197,468 Chief Executive Officer $30,655 $31,881 2024
Network Housing 2005 Inc OH$197,326 Ceo (Exited 3.24.25) $30,598 $33,798 2024
Hubbard County Senior Housing Inc MN$202,387 President & Ceo $41,871 $43,148 2024
Asi Greeley Inc MN$196,463 President/tr $68,006 $68,273 2025
Good Shepherd Housing Corporation OH$196,317 Executive Director $53,884 $59,519 2024
Residential Supports & Servicesinc OH$195,978 Chairman $325 $370 2023
Shelbourne Supportive Housing Inc MN$203,633 President/tr $68,006 $68,273 2025
Garden Court WA$203,767 President $22,967 $21,444 2024
Sheltering Tree Housing Corporation NE$204,267 Executive Director $6,730 $7,549 2024
Peoria Place CO$194,673 Vice President/director $35,478 $35,478 2024
Asi Freeport Inc MN$194,608 President/tr $68,006 $68,273 2025
Connection Fund - Jefferson Inc CT$204,610 Ceo $35,690 $35,929 2023
San Leandro Supportive Housing Inc CA$194,384 President $43,669 $40,487 2023
Senior Citizens Housing Development NH$194,226 President $24,428 $23,523 2024
Clackamas Residential Options Inc OR$194,060 Secretary $17,407 $16,858 2024
Kenn Homes Inc Co The Kennedy Center Inc CT$193,536 President $22,886 $23,039 2023
Chesapeake Supportive Housing Inc MN$205,589 President/tr $65,715 $69,719 2023
Bay Aging Apartments Montross Inc VA$193,099 President $17,050 $17,169 2024
Snhs Elderly Housing Ix Inc NH$192,810 Treasurer $53,564 $50,250 2025
Nazareth House Housing Development Fund NY$192,701 Executive Director $2,057 $1,996 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to CO 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 CO 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 default54th
Total compensation (D + F), as reported (no adjustments)54th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted54th

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 Thompson) 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 206 similarly situated organizations (Same NTEE sector (L21), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $43,633 is reasonable (approximately the 54th 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.