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PeerBasis
Compensation Comparability Determination

The Space On Main

Executive Director / CEO

EIN 815147221
VT · NTEE S30
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Monique Priestley, Executive Director / CEO ($76,000) against every comparable organization that fit the selection criteria — 136 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 67th percentile of comparable organizationswithin the typical range

Benchmarked executive: Monique Priestley — reported title “Executive Dir.”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

136 organizations qualified on sector, size, and geography 136 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,288 total compensation of comparable organizations → $206,883 $76,000
$11,47310th
$34,06725th
$65,399Median
$88,82275th
$116,70290th
$76,000This org · 67th
p10$11,473
p25$34,067
p50$65,399
p75$88,822
p90$116,702
$76,000

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 VT 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
Economic Collaborative Of N Arizona AZ$246,722 President & Ceo $107,635 $97,319 2025
Agile City Winston-salem NC$246,249 Executive Di $163,787 $168,138 2023
Milestone Growth Capital Institute MI$244,356 President And C.e.o. $36,450 $36,306 2024
Everett Station District Alliance WA$244,137 Executive Director $47,997 $42,693 2023
West Bloomington Revitalization Project IL$259,902 Manager $18,594 $17,641 2024
Economic Development Corporation Of IL$243,161 Ceo $80,000 $75,898 2024
South Central LA$261,321 Executive Di $86,538 $91,956 2024
So Cal Corporate Growth Partners CA$241,473 Executive Director $87,590 $75,144 2023
Southwest Michigan Regional Chamber MI$241,122 Ceo & President $4,838 $4,819 2024
Southside First Economic TX$240,099 Interim Ceo $28,750 $28,573 2023
Naugatuck Valley Project Inc CT$263,743 Executive Director $70,000 $63,337 2024
Yuma Multiversity Campus Corporation AZ$238,751 President & Ceo $118,773 $110,230 2024
World Trade Center Association CA$237,400 President And Ceo $40,192 $33,492 2024
Parnassah Network Inc NJ$236,955 Ceo & Trustee $18,000 $15,967 2023
Economic Development Professionals Association SD$236,950 Chairman $2,000 $2,193 2023
Santa Cruz Works CA$236,447 Executive Dir. $84,000 $69,996 2024
Creative Portland Corporation ME$236,053 Executive Di $31,843 $30,770 2024
Noble County Convention And Visitor IN$267,279 Executive Di $55,640 $58,295 2023
Downtown Excelsior Partnership Inc MO$267,348 Executive Di $88,157 $90,105 2024
Rhea Economic And Tourism Council TN$268,307 Executive Director $52,625 $52,005 2025
St Mary's County Community MD$234,480 Executive Director $50,000 $45,110 2024
Building 127 Ll Inc NY$268,876 Treasurer, Director $99,234 $86,533 2024
Marin Economic Forum CA$269,302 Ceo $188,542 $157,111 2024
Wentworth Economic Development Corp NH$269,573 Executive Director $71,400 $63,622 2024
Sector67 Inc WI$233,249 President $36,000 $37,353 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to VT 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 VT 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 default67th
Total compensation (D + F), as reported (no adjustments)60th
Reportable pay only (column D), adjusted68th
All sources (D + E + F), adjusted55th

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 (Monique Priestley) 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 136 similarly situated organizations (Same NTEE sector (S30), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $76,000 is reasonable (approximately the 67th 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.