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PeerBasis
Compensation Comparability Determination

Henderson County Economic Development Cor

Executive Director / CEO

EIN 822574175
KY · NTEE S41
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Melissa Vanderpool, Executive Director / CEO ($86,018) against every comparable organization that fit the selection criteria — 538 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 54th percentile of comparable organizationswithin the typical range

How comparable organizations were selected

538 organizations qualified on sector, size, and geography 538 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1 total compensation of comparable organizations → $383,922 $86,018
$29,73310th
$55,77625th
$82,309Median
$120,98775th
$172,51390th
$86,018This org · 54th
p10$29,733
p25$55,776
p50$82,309
p75$120,987
p90$172,513
$86,018

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 KY cost of living (BEA RPP, 2023) and to its filing year (CPI-U); the reported amount is on each linked 990.

OrganizationStateTotal revenueTotal compSource
Corridor 9495 Regional Chamber Of CommerceMA $446,287$106,038 990
American Concrete PavementPA $446,818$147,173 990
Sisters In Crime IncMD $446,955$98,565 990
National Association Of FraternalMN $445,224$75,451 990
Juniata County Agricultural SocietyPA $447,332$3,074 990
European-american Chamber Of CommerceOH $444,419$63,631 990
Energy CouncilCO $443,784$78,241 990
Nacm North CentralMN $448,422$26,547 990
Chamber Of Commerce Elizabethton-carter CountyTN $449,356$50,072 990
Ripley Main Street Association IncMS $449,792$42,535 990
National Rural Lenders Association IncMS $442,140$22,475 990
Mackinac Island Tourism BureauMI $450,368$173,103 990
Warren County Chamber Of BusinessPA $450,619$99,650 990
Central Valley Business FederationCA $451,104$123,487 990
Sustain Socal (Fka Sustain Oc)CA $451,607$200,138 990
Liberty County Chamber Of Commerce IncGA $451,725$103,928 990
Transportation Marketing & Sales AssociaOH $451,754$95,763 990
International Geosynthetics SocietyTX $452,273$50,256 990
California Wind Energy AssociationCA $452,468$96,987 990
Alliance For Community MediaMN $439,479$145,398 990
Louisiana Casino Association IncLA $452,921$289,850 990
Builders Association Of South FloridaFL $438,863$163,917 990
Edc Team JeffersonWA $453,507$80,981 990
The Association Of Art Museum CuratorsNY $438,591$12,579 990
Visit FreeportME $438,536$57,467 990

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 KY 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 default54th
Total compensation (D + F), as reported (no adjustments)45th
Reportable pay only (column D), adjusted51st
All sources (D + E + F), adjusted49th

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 (Melissa Vanderpool) 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 538 similarly situated organizations (Same NTEE sector (S41), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $86,018 is reasonable (approximately the 54th 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). 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.