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PeerBasis
Compensation Comparability Determination

The Chelco Foundation Inc

Executive Director / CEO

EIN 821794757
FL · NTEE B82
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Stephen Rhodes Director, Executive Director / CEO ($354,029) against every comparable organization that fit the selection criteria — 79 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 100th percentile of comparable organizationsabove the 90th percentile — board review recommended

Benchmarked executive: Stephen Rhodes Director — reported title “COMP IS NOT PAID BY THE FOUNDATION”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

79 organizations qualified on sector, size, and geography 79 within the band form the benchmarked peer set.

Distribution of comparable compensation

$411 total compensation of comparable organizations → $270,664 $354,029
$9,32210th
$14,69025th
$37,345Median
$70,06675th
$125,40790th
$354,029This org · 100th
p10$9,322
p25$14,690
p50$37,345
p75$70,066
p90$125,407
$354,029

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 FL 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
Paul Collins Jr Scholarship Fund NY$96,573 Fund Administrator $67,253 $64,690 2024
Polish National Alliance IL$96,855 Treasurer $32,455 $33,965 2024
Building And Construction Laborers Local OH$97,052 Trustee $111,278 $125,460 2024
Georgia Apartment Association GA$93,766 President $38,614 $41,329 2024
Indian Womens Pocahontas Club OK$93,069 Administrator $3,500 $4,102 2024
Local 137 Nicholas Signorelli Sr NY$92,525 Director $137,476 $132,238 2024
Local Union 45 Ubc&ja NY$99,355 Chairman $10,850 $10,167 2025
Arema Educational Foundation MD$99,385 Executive Di $73,040 $72,689 2024
American Holistic Veterinary Medical MD$91,652 Contract Executive Directo $63,000 $61,081 2025
Kateri Tekakwitha Fund CA$91,348 Cfo $5,640 $5,051 2025
Nevada Hospitality Foundation NV$91,113 President, Ceo $35,000 $37,345 2024
Stephen E Pocztowski Memorial IL$100,658 President $73,095 $76,495 2024
Matthew J Deluca-dominic Olivo OH$89,306 Co-chairman $210,111 $243,887 2023
Acmpe Scholarship Fund Inc CO$102,021 President/ceo $66,074 $67,442 2024
Coptic Educational Foundation CA$102,200 Secretary $2,670 $2,454 2024
The Ad Club Foundation Inc MA$88,872 President & Director $7,941 $7,821 2023
Linda Lorelle Scholarship Fund TX$87,813 Ceo $60,000 $62,242 2025
Chris Kolenda Saber Six Foundation WI$87,451 Executive Director $68,908 $78,868 2023
Sartell-st Stephen Education Foundation MN$86,602 Exec Consultant/pres (Beg 2/2024) $10,800 $11,360 2024
United Association Scholarship Trust MD$86,082 Trustee $154,691 $153,947 2024
Osu Animal Science Alumni Association OK$105,770 Executive Secretary $12,000 $14,066 2024
The Buck Scholars Association Inc CA$85,060 Executive Director $42,500 $40,219 2023
Quad County African American IL$106,597 Chairman $9,000 $9,697 2023
Blackstone Valley Education Foundation Inc MA$84,170 Executive Director $52,400 $48,832 2025
Foundation For Independence Through SC$107,755 Director $64,775 $74,058 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to FL 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 FL 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 default100th
Total compensation (D + F), as reported (no adjustments)100th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted95th

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 (Stephen Rhodes Director) 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 79 similarly situated organizations (Same NTEE sector (B82), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $354,029 is reasonable (approximately the 100th 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.