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PeerBasis
Compensation Comparability Determination

Physicians Research Institute Inc

Executive Director / CEO

EIN 811052408
MD · NTEE S40
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Joseph A Schwartz Iii, Executive Director / CEO ($90,046) against every comparable organization that fit the selection criteria — 37 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 76th percentile of comparable organizationswithin the typical range

Benchmarked executive: Joseph A Schwartz Iii — reported title “President”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

37 organizations qualified on sector, size, and geography 37 within the band form the benchmarked peer set.

Distribution of comparable compensation

$7,000 total compensation of comparable organizations → $349,962 $90,046
$14,75410th
$42,30725th
$69,004Median
$82,24275th
$128,31090th
$90,046This org · 76th
p10$14,754
p25$42,307
p50$69,004
p75$82,242
p90$128,310
$90,046

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 MD 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
Mendocino Winegrowers Inc CA$164,067 Executive Director $56,909 $52,562 2024
Manasota Air Conditioning Contractors FL$163,127 Secretary, Treasurer $6,766 $7,000 2023
Westwater Financial Inc CA$183,506 Executive Director $78,049 $72,088 2024
Big Apple Greeter Inc NY$184,029 Executive Director $60,045 $58,036 2024
Greater Fort Lauderdale Transportation FL$185,216 Executive Director $127,589 $128,205 2024
Better Business Bureau Education NE$185,980 President/ceo $102,708 $121,650 2023
Egyptian Association Of Plumbing IL$187,230 Executive Di $32,250 $33,913 2024
Florida Justice Association FL$190,296 President/secretary $18,495 $18,584 2024
Southern California Academy Of CA$147,132 Executive Dir. $55,176 $52,467 2023
International Public Safety Institute NH$201,077 Secretary/treasurer $54,000 $53,333 2024
Waltham Educators Association MA$138,874 Co-president $13,725 $12,852 2025
Tech Bloc TX$203,547 Ceo $16,219 $17,866 2023
Unite Here Education And Support Fund NY$135,771 President & Director $82,648 $82,242 2023
North Dakota Construction Council ND$132,470 Executive Dir. $12,000 $14,086 2024
Responsible Offshore Development Alliance DC$211,229 Executive Director - Former $166,028 $155,839 2024
Florida Design And Construction Professionals Inc FL$211,348 Co-chair $67,359 $67,684 2024
Unicoi County Chamber Of Commerce TN$213,166 Executive Di $70,426 $79,182 2024
The Society Of Entrepreneurs Inc TN$127,102 Executive Director $102,250 $114,962 2024
South 27th Street Business WI$214,468 Executive Dir. $66,000 $73,727 2024
North Dakota Livestock Alliance ND$215,195 Executive Di $100,557 $114,993 2025
Oswego Area Chamber Of Commerce IL$218,743 Executive Direc $72,726 $78,735 2023
Hibernian Building Association Of MA$218,829 Clerk $15,813 $15,199 2024
Lakeshore Realtors Association Inc WI$222,401 Executive Director $73,405 $81,999 2024
Automobile Dealers Association Of KS$224,223 Chief Exec. $310,865 $349,962 2025
Dakota Institute For Business And SD$227,434 Ceo $159,655 $194,036 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MD 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 MD 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 default76th
Total compensation (D + F), as reported (no adjustments)78th
Reportable pay only (column D), adjusted78th
All sources (D + E + F), adjusted70th

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 A Schwartz Iii) 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 37 similarly situated organizations (Same NTEE sector (S40), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $90,046 is reasonable (approximately the 76th 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.