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PeerBasis
Compensation Comparability Determination

Erikas Closet

Executive Director / CEO

EIN 824939775
NC · NTEE P80
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Traletta Banks, Executive Director / CEO ($47,021) against every comparable organization that fit the selection criteria — 199 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 50th percentile of comparable organizationswithin the typical range

Benchmarked executive: Traletta Banks — reported title “President”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

199 organizations qualified on sector, size, and geography 199 within the band form the benchmarked peer set.

Distribution of comparable compensation

$587 total compensation of comparable organizations → $95,039 $47,021
$10,81510th
$25,34025th
$46,834Median
$63,35875th
$75,15490th
$47,021This org · 50th
p10$10,815
p25$25,340
p50$46,834
p75$63,358
p90$75,154
$47,021

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 NC 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
K9 Care Montana Inc MT$214,069 President $72,000 $75,113 2024
Teen Talking Circles WA$213,038 Executive Director $92,367 $80,034 2024
Rice Foundation Inc PA$211,200 Exc. Director $91,367 $90,786 2023
Fathers Building Futures NM$211,109 Ceo $6,373 $6,830 2023
Helping Our Riders Succeed In Education TX$211,029 Executive Director $37,822 $36,616 2024
Deaf Ability Resource Inc CA$210,740 Ceo / President $84,100 $70,283 2024
Women Of Hope Resource Center Inc NJ$216,954 Acting Treasurer $60,060 $53,430 2023
The Meeting Place One Inc NC$217,177 Executive Director $59,917 $61,687 2023
Mend On The Move MI$210,320 Executive Di $45,047 $46,329 2023
Metro Apartments Inc MN$209,839 Executive Vice President $18,918 $18,626 2023
Asi Boise Inc MN$218,621 President/treasurer $68,006 $65,034 2024
Pawsitivity MN$218,770 Acting Secretary $31,400 $30,028 2024
Texas Burn Survivor Society Inc TX$208,307 Executive Dir. $48,000 $47,842 2023
Family Promise Of Cobb County GA$219,831 Executive Director $55,254 $55,356 2023
In His Light Inc OH$220,081 President $89,670 $94,632 2023
Nami Geauga County OH$220,116 Exec Dir -Ex $58,096 $59,552 2024
The No Woman No Girl Initiative NC$220,833 Executive Di $49,000 $50,447 2023
Journey To Adult Success Inc WI$221,178 Executive Di $48,050 $48,566 2024
Esperanza Immigration Legal Services PA$206,309 Executive Director $85,696 $85,150 2023
Bethany Place Inc GA$221,413 President $24,000 $23,355 2024
Jeremiah's Crossing Inc WI$221,533 Exec. Dir./s $2,250 $2,341 2023
Greek Orthodox Housing Corporation CA$222,266 Chief Executive Officer $1,500 $1,254 2024
Wisconsibs Inc WI$222,412 Former Ed $73,478 $74,267 2024
Cook Inclusive Company CO$222,735 Founder/executive Director $39,385 $37,629 2023
A Place To Belong MN$223,096 Executive Director $52,660 $51,846 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NC 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 NC 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 default50th
Total compensation (D + F), as reported (no adjustments)48th
Reportable pay only (column D), adjusted54th
All sources (D + E + F), adjusted40th

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 (Traletta Banks) 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 199 similarly situated organizations (Same NTEE sector (P80), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $47,021 is reasonable (approximately the 50th 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.