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PeerBasis
Compensation Comparability Determination

Mary Lee Charles Place

Executive Director / CEO

EIN 743022473
TX · NTEE L21
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Russ Walker, Executive Director / CEO ($276) against every comparable organization that fit the selection criteria — 186 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 1st percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Russ Walker — reported title “PRESIDENT/E.D.”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

186 organizations qualified on sector, size, and geography 186 within the band form the benchmarked peer set.

Distribution of comparable compensation

$269 total compensation of comparable organizations → $283,465 $276
$9,34310th
$15,44425th
$31,070Median
$54,40875th
$65,08290th
$276This org · 1st
p10$9,343
p25$15,444
p50$31,070
p75$54,408
p90$65,082
$276

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 TX 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
Boulevard Apartments Inc CA$125,392 President $10,121 $8,737 2023
Solon Community Housing Corporation IA$126,087 Manager $8,135 $8,905 2023
Spindletop Housing Corporation TX$124,305 Director $46,492 $45,158 2024
Florentz Estates Inc AR$124,259 Executive Director $11,276 $12,307 2024
Independent Living Horizons Eleven Inc GA$123,631 President/ceo $21,151 $21,260 2023
Duqc Housing Ii Nfp Inc OH$123,573 Treasurer $50,772 $52,216 2024
Bay Cove Woodward Park Residence Inc MA$123,528 President/ceo $14,439 $12,971 2023
Tushim Manor Inc PA$123,247 Ceo $18,725 $18,667 2023
Lss Housing Jamestown Inc ND$127,700 Ceo $40,723 $42,275 2025
Simadon Corporation IN$122,703 President & Ceo $52,409 $53,666 2024
Washington County Community Housing VT$128,070 President $48,204 $48,503 2023
The Laceleaf Corporation OR$128,180 Executive Di $21,046 $18,488 2025
Counterpoint Commons WA$128,874 President/ceo, Compass Health $29,848 $25,949 2024
Abcap Housing Vi Inc OH$121,179 Executive Director $41,692 $42,878 2024
Sheltering Arms Housing Corporation MO$121,159 Co-ceo $50,151 $51,577 2024
San Diego Kind Corporation CA$121,139 Employee $296,364 $248,491 2024
Jfm No 2 Corp ME$129,794 Ceo $14,253 $13,501 2025
Spruce Place Inc OR$120,445 Executive Di $21,046 $18,488 2025
Hbhci Hud 1 Inc FL$120,352 Vice President $68,495 $60,870 2025
Ocl Properties X Inc NY$120,273 Chief Financial Officer $73,290 $64,306 2024
Cypress Homes Hdfc NY$120,019 Ceo $25,826 $22,660 2024
Ken-crest Housing De 2003 Inc PA$130,673 Ceo $29,531 $28,596 2024
Independent Living Services Of AR$119,423 Executive Director $11,276 $12,307 2024
Afiya Apartments Inc OR$131,609 President $15,031 $13,954 2023
Five Star Development Corporation AL$118,715 President/ceo $53,238 $54,408 2025

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to TX 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 TX 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 default1st
Total compensation (D + F), as reported (no adjustments)0th
Reportable pay only (column D), adjusted0th
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 (Russ Walker) 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 186 similarly situated organizations (Same NTEE sector (L21), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $276 is reasonable (approximately the 1st 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.