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PeerBasis
Compensation Comparability Determination

Brotherhood Of Railroad Signalmen

Executive Director / CEO

EIN 730759590
NM · NTEE J40
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Justin Malden, Executive Director / CEO ($2,426) against every comparable organization that fit the selection criteria — 157 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 12th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Justin Malden — reported title “President”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

157 organizations qualified on sector, size, and geography 157 within the band form the benchmarked peer set.

Distribution of comparable compensation

$16 total compensation of comparable organizations → $254,703 $2,426
$1,99010th
$4,68125th
$10,332Median
$22,34375th
$66,94690th
$2,426This org · 12th
p10$1,990
p25$4,681
p50$10,332
p75$22,343
p90$66,946
$2,426

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 NM 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
Shreveport Professional Firefighters LA$241,319 President $12,600 $12,530 2024
American Postal Workers Union PA$242,172 President $7,250 $6,529 2024
Local No 1560 Amalgamated Transit Union LA$242,327 President $22,245 $22,121 2024
International Association Of Machinists & Aerospace Workers IL$242,334 President $4,650 $4,129 2024
Protective Service Officers United MD$242,695 President $18,969 $16,016 2024
International Association Of Sheet Metal Air Rail & Transportation 0023td CA$243,029 President $5,696 $4,442 2024
Brass City Local Cacp Inc CT$243,248 President $11,811 $10,296 2023
Intl Brotherhood Of Boilermaker Mpbp CA$243,849 President $7,598 $5,925 2024
American Federation Of Teachers MN$244,040 President $82,437 $71,666 2025
Smith Steel Workers' Directly Affiliated WI$246,381 Trustee $26,540 $25,031 2024
Essex County Correctional Officers MA$247,319 President $3,250 $2,638 2024
Milpitas Police Officers Association CA$235,488 President $10,900 $8,281 2025
Local Union 1483 Of The International NE$247,702 President $11,758 $11,758 2023
Cheektowaga Central Teachers Association Benefit Trust NY$247,737 Fund Advisor $3,500 $2,783 2025
Sheet Metal Morkers Local 202 MO$247,758 President/business Mgr $65,082 $64,089 2023
American Postal Workers Union Il IL$247,856 President $11,686 $10,375 2024
Las Vegas Peace Officers Association NV$234,866 President $6,681 $5,892 2025
Letter Carriers Branch 4065 Association Of Letter Carriers TX$234,656 President, Shop Steward $24,734 $22,343 2024
Local Union No 900 Iatse And AL$248,404 President $252 $246 2024
Amalgamated Transit Union CT$233,362 President $32,592 $27,597 2024
Amalgamated Transit Union-division 956 PA$233,203 President $19,719 $17,758 2024
Edinburg American Federation Of Teachers TX$250,981 President $19,200 $16,897 2025
Utility Workers United Association PA$252,237 Executive Bo $2,466 $2,221 2024
International Union Uaw Local 2377 CT$252,512 President $5,000 $4,359 2023
International Alliance Of Theatrical Stage Employe LA$253,761 Business Agent $53,980 $53,678 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NM 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 NM 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 default12th
Total compensation (D + F), as reported (no adjustments)10th
Reportable pay only (column D), adjusted20th
All sources (D + E + F), adjusted12th

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 (Justin Malden) 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 157 similarly situated organizations (Same NTEE sector (J40), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $2,426 is reasonable (approximately the 12th 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.