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PeerBasis
Compensation Comparability Determination

Elevate Edgerton Inc

Executive Director / CEO

EIN 814464833
KS · NTEE S30
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of James Oltman, Executive Director / CEO ($137,815) against every comparable organization that fit the selection criteria — 115 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 97th percentile of comparable organizationsabove the 90th percentile — board review recommended

Benchmarked executive: James Oltman — reported title “PRESIDENT/TR”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

115 organizations qualified on sector, size, and geography 115 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2,103 total compensation of comparable organizations → $195,341 $137,815
$10,89310th
$31,06325th
$60,119Median
$75,41875th
$97,52790th
$137,815This org · 97th
p10$10,893
p25$31,063
p50$60,119
p75$75,418
p90$97,527
$137,815

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 KS 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
We Lead IA$220,331 Executive Director $78,125 $79,181 2024
Downtown Janesville Inc WI$221,656 Managing Direct $74,519 $72,038 2024
Norfolk Innovation Corridor VA$221,725 Executive Di $20,000 $17,875 2024
Inner City Green Team Economic And Enviromental Development NY$217,956 Charlton $100,000 $83,643 2024
Betamore Inc MD$217,026 Executive Dir. $77,500 $69,048 2023
Bay Area Women Coalition Inc AL$217,019 Executive Di $54,000 $54,000 2024
Lincoln County Economic Dev Foundation KS$223,067 Director $61,163 $62,970 2023
Economic Development Partnership Of Wrig MN$223,376 Executive Director $69,060 $63,165 2024
Columbus Compact Corporation OH$213,718 President & $80,900 $79,314 2024
Boonslick Community Development MO$213,628 Ex Officio M $87,706 $88,526 2023
Business & Education Network Inc KY$227,365 Executive Director $13,485 $13,410 2024
Elwood Community Development Corporation IN$210,909 Executive Director $7,097 $6,928 2024
Johnson County Economic Development Corp MO$229,565 Executive Director $86,357 $87,165 2023
Gateway South Innovation District MO$209,054 President $63,747 $64,343 2023
Northwest Wisconsin Economic WI$208,540 Fiscal Manager $44,333 $42,857 2024
Old Town Commercial Association MI$208,424 Executive Director $66,308 $63,352 2024
Common Wealth Inc OH$208,039 Executive Director $34,698 $34,018 2024
Sector67 Inc WI$233,249 President $36,000 $35,829 2023
Stanly County Convention And Vistiors Bureau Inc NC$206,625 Director $50,977 $47,499 2025
St Mary's County Community MD$234,480 Executive Director $50,000 $43,269 2024
Montana West Economic Development MT$205,356 President/ceo $11,287 $11,262 2024
Creative Portland Corporation ME$236,053 Executive Di $31,843 $29,515 2024
Crazy Love Africa CO$203,713 Executive Director $11,000 $10,052 2023
Santa Cruz Works CA$236,447 Executive Dir. $84,000 $67,140 2024
Economic Development Professionals Association SD$236,950 Chairman $2,000 $2,103 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to KS 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 KS 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 default97th
Total compensation (D + F), as reported (no adjustments)96th
Reportable pay only (column D), adjusted98th
All sources (D + E + F), adjusted89th

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 (James Oltman) 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 115 similarly situated organizations (Same NTEE sector (S30), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $137,815 is reasonable (approximately the 97th 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.