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PeerBasis
Compensation Comparability Determination

Lexington Community Land Trust

Executive Director / CEO

EIN 800576305
KY · NTEE L20
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Joshua T Fain, Executive Director / CEO ($87,386) against every comparable organization that fit the selection criteria — 260 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 95th percentile of comparable organizationsabove the 90th percentile — board review recommended

Benchmarked executive: Joshua T Fain — reported title “FORMER EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

260 organizations qualified on sector, size, and geography 260 within the band form the benchmarked peer set.

Distribution of comparable compensation

$364 total compensation of comparable organizations → $263,926 $87,386
$6,11310th
$15,98525th
$32,417Median
$53,98475th
$70,00090th
$87,386This org · 95th
p10$6,113
p25$15,985
p50$32,417
p75$53,984
p90$70,000
$87,386

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 KY 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
4 Bishop Street Inc MA$211,199 Pres. & Ceo $15,150 $12,308 2024
Cumberland Court Housing Commission WI$211,695 Secretary $34,518 $32,592 2024
Glendale Housing Corporation CA$210,867 Chief Executive Officer $61,000 $49,028 2023
Dela Vina Housing Inc CA$212,068 Executive Director $3,602 $2,812 2024
Site K Inc CA$210,341 President $45,067 $35,182 2024
Network Housing '90 Inc OH$210,136 Ceo (Exited 3.24.25) $30,598 $29,299 2024
Delphi Housinginc IN$209,902 Board Presid $30,833 $29,396 2024
Lf Kingman Place Inc AZ$209,751 President/ceo $34,911 $30,354 2024
Bethesda Manor Inc TX$209,112 Manager $18,000 $16,759 2023
Mckinley Ii Inc IL$214,126 President $31,395 $28,728 2023
Asi Davis Inc MN$208,437 President $65,715 $60,439 2023
Memphis Supportive Housing Inc MN$214,379 President/tr $65,715 $60,439 2023
Northwest Affordable Housing Inc WI$214,525 Fiscal Manager $44,333 $41,858 2024
Norfolk Housing Development Fund NY$215,841 Board Member $38,288 $32,203 2023
Visionary Ventures Nfp Corporation IL$216,328 Executive Director $13,900 $12,354 2024
Green River Asset Building KY$216,637 Executive Di $57,269 $54,192 2025
Humanity Housing Inc NV$205,854 Presdient, Director $56,317 $51,035 2024
House To House Community AL$205,653 Executive Director $31,250 $30,522 2024
Magnolia Manor Of Macon Supportive GA$217,128 Ceo $9,957 $9,319 2023
Continuum Supportive Housing Of CT$217,156 President & Ceo (Until 7/2/24) $99,790 $84,589 2024
Vesta Housing Inc MD$205,518 President $21,417 $18,103 2024
Sullivan Homes Inc MO$204,854 Treasurer $40,145 $39,576 2023
Washington Lane Section 811 Housing PA$204,651 President & Ceo $25,525 $23,692 2023
Elisha Ministries Inc LA$204,538 Executive Director $39,000 $38,825 2024
Muirfield Apartments Inc CA$204,366 Secretary/treasurer $37,437 $30,089 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to KY 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 KY 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 default95th
Total compensation (D + F), as reported (no adjustments)92nd
Reportable pay only (column D), adjusted97th
All sources (D + E + F), adjusted34th

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 (Joshua T Fain) 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 260 similarly situated organizations (Same NTEE sector (L20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $87,386 is reasonable (approximately the 95th 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.