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PeerBasis
Compensation Comparability Determination

Hackensack Meridian School Of Medicine

Executive Director / CEO

EIN 813872529
NJ · NTEE B50
FY ending 2022-12-31
June 9, 2026

This analysis benchmarks the total compensation of Robert C Garrett Fache, Executive Director / CEO ($310,355) against every comparable organization that fit the selection criteria — 1043 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 71st percentile of comparable organizationswithin the typical range

Benchmarked executive: Robert C Garrett Fache — reported title “TRUSTEE - CEO, Hackensack Meridian Health”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

1,043 organizations qualified on sector, size, and geography 1,043 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2,323 total compensation of comparable organizations → $1,246,130 $310,355
$115,11810th
$172,83925th
$234,493Median
$333,95575th
$458,68690th
$310,355This org · 71st
p10$115,118
p25$172,839
p50$234,493
p75$333,955
p90$458,686
$310,355

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 NJ 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
Valley Christian Schools AZ$20,663,604 Asst. Head O $141,377 $146,287 2023
The Faison Center Inc VA$20,672,556 President And Ceo $300,365 $312,031 2023
Mot Charter School Inc DE$20,673,215 Head Of School $222,624 $227,803 2024
Live Oak A Learning Center For Children CA$20,648,833 Head Of School $689,315 $622,036 2024
Goodwin University Magnet Schools Inc CT$20,674,800 President And Ceo $38,153 $38,488 2023
🔒 1038 more comparable organizations — included in the purchased report

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NJ cost of living and 2022 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 NJ 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 default71st
Total compensation (D + F), as reported (no adjustments)72nd
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted100th

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:

Ready-to-adopt board minutes — executive compensation

🔒 The complete minutes language — three numbered resolutions pre-filled with this organization, the 1043-organization comparison, the date, and the percentile finding, ready to paste into your minutes — is included in the purchased report.

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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.