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PeerBasis
Compensation Comparability Determination

Ppl Investment Corporation

Executive Director / CEO

EIN 821879983
MN · NTEE L11
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Karla Henderson, Executive Director / CEO ($188,267) against every comparable organization that fit the selection criteria — 410 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 99th percentile of comparable organizationsabove the 90th percentile — board review recommended

Benchmarked executive: Karla Henderson — reported title “PRESIDENT”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

410 organizations qualified on sector, size, and geography 410 within the band form the benchmarked peer set.

Distribution of comparable compensation

$83 total compensation of comparable organizations → $298,090 $188,267
$5,15310th
$10,84725th
$21,109Median
$36,88675th
$64,04890th
$188,267This org · 99th
p10$5,153
p25$10,847
p50$21,109
p75$36,886
p90$64,048
$188,267

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 MN 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
Community Services Second Housing NY$71,077 Director $30,342 $27,748 2024
Credo Housing Development Inc CT$71,129 Executive Di $41,000 $38,905 2024
Cht Vision Inc NJ$71,144 Secretary/treasurer $10,604 $9,582 2024
Dakota Land Trust SD$70,961 Executive Di $2,970 $3,317 2024
East View Villa Inc KS$71,255 Ceo $2,885 $3,154 2024
Oakland Estates Apartments Inc IN$70,856 President & Ceo $52,409 $55,933 2024
Cuyahoga Housing And Development Inc OH$70,854 Secretary $50,669 $54,312 2024
Schaadt Apartment Corporation IN$71,350 Ex-officio & Regional Ceo $63,183 $69,423 2023
Tazewell County Habitat For Humanity Inc VA$70,826 Treasurer $7,200 $7,036 2024
Glenmore Housing Inc MD$71,530 Executive Director $4,329 $4,217 2023
Thomas Housing Development Corporation MD$71,681 President $36,154 $34,207 2024
Abcap Housing M Inc OH$71,704 Executive Director $41,692 $44,689 2024
Banjo Lane Apartments Inc MD$71,923 President $12,607 $11,928 2024
Maxcen Housing Society Inc Illinois Branch IL$71,971 Director $5,188 $5,162 2024
Maxcen Housing Society New Jersey Branch Inc NJ$71,995 Ceo $5,233 $4,728 2024
Central Ms Assisted Living Home MS$72,000 Director $15,600 $18,103 2023
Main-ferry Housing Development Fund NY$72,018 President $104,461 $95,529 2024
Appletree Housing Inc PA$70,173 President & Ceo $10,357 $10,183 2025
Abilities At Eagle's Nest Inc FL$72,042 President/ceo $38,173 $37,364 2023
Independent Living Horizons Twelve Inc GA$72,061 President/ceo $21,151 $22,159 2023
Alternatives Homes 2004 Inc NJ$70,125 Chairperson, Trustee $22,000 $19,879 2024
Good Shepherd Village Housing MO$70,107 Pfh Ceo $270,117 $298,090 2023
Prairie Inn Corporation ND$70,068 Executive Director $8,865 $10,137 2023
Shalom Apartments Of Federation PA$69,837 Executive Director $23,138 $23,352 2024
Maxcen Housing Society Inc Kentucky Branch KY$69,790 Ceo $5,188 $5,641 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MN 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 MN 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 default99th
Total compensation (D + F), as reported (no adjustments)99th
Reportable pay only (column D), adjusted100th
All sources (D + E + F), adjusted47th

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 (Karla Henderson) 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 410 similarly situated organizations (Same NTEE major group (L), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $188,267 is reasonable (approximately the 99th 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.