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PeerBasis
Compensation Comparability Determination

Iglesia Kayros Nuevo Renacer

Executive Director / CEO

EIN 824190443
RI · NTEE X21
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Richard Hiraldo, Executive Director / CEO ($20,251) against every comparable organization that fit the selection criteria — 306 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 13th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Richard Hiraldo — reported title “PASTOR”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

306 organizations qualified on sector, size, and geography 306 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,049 total compensation of comparable organizations → $235,930 $20,251
$17,98310th
$32,20925th
$55,255Median
$87,55175th
$117,47390th
$20,251This org · 13th
p10$17,983
p25$32,209
p50$55,255
p75$87,551
p90$117,473
$20,251

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 RI 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
One80 Ministries PA$235,038 Executive Director $34,710 $36,098 2024
Evangelization Society Of Phila PA$232,492 President $119,200 $120,772 2025
Grace Korean Church MD$235,252 Pastor And President $37,900 $36,953 2024
Next Generation Mission Inc MN$235,702 President $10,000 $10,305 2024
House Revival Ministries Inc GA$231,858 President $22,570 $24,366 2023
Priority Insight Inc GA$236,113 Director $121,897 $127,822 2024
Christian World Missions MS$231,484 Executive Director $20,799 $24,871 2023
Ed Lacy Ministries Inc AL$230,847 President $65,728 $74,054 2024
Assembly Of God Hope And Life VA$230,783 President $57,200 $61,730 2022
Jwb Ministries Inc TX$230,621 President $42,789 $45,957 2023
Movement International MI$230,574 Ceo And President $32,400 $35,907 2023
Iglesia De Dios Jehova Proveer PA$230,011 Senior Pastor $69,000 $73,880 2023
Remnant Ministries TX$237,681 President $151,647 $158,200 2024
Iglesia De Dios Pentecostes Aposento Alto CA$238,061 Chief Executive Officer $36,000 $32,419 2024
International Biblical Training Inc GA$229,046 President $80,877 $87,313 2023
Society Of The Good Shepherd PA$228,690 Vp $4,400 $4,576 2024
Washington Deliverance Evangelistic MD$228,250 President $73,738 $74,018 2023
Christian Community Ministries Of Kershaw County SC$239,574 Director, Office Manager $21,918 $23,232 2025
Re-christ Ministries Inc AZ$239,591 Chairman, President $72,000 $74,347 2023
Galkin Evangelistic Ministries UT$239,653 President $124,200 $132,567 2024
Grace Line Inc TX$227,973 President $108,944 $113,651 2024
First Karen Baptist Church MN$239,742 Pastor $19,491 $20,085 2024
Clay Music CA$227,900 President $62,400 $56,193 2024
United Church In God In Christ MN$239,963 Pastor $44,200 $45,548 2024
Nashville Fellows Program Inc TN$227,608 Executive Director $80,000 $90,288 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to RI 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 RI 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 default13th
Total compensation (D + F), as reported (no adjustments)13th
Reportable pay only (column D), adjusted17th
All sources (D + E + F), adjusted12th

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 (Richard Hiraldo) 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 306 similarly situated organizations (Same NTEE sector (X21), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $20,251 is reasonable (approximately the 13th 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.