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PeerBasis
Compensation Comparability Determination

Black Wall Street Chamber Of Commerce

Executive Director / CEO

EIN 825027762
OK · NTEE S41
FY ending 2021-12-31
June 9, 2026

This analysis benchmarks the total compensation of Sherry Gamble Smith, Executive Director / CEO ($55,666) against every comparable organization that fit the selection criteria — 77 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 91st percentile of comparable organizationsabove the 90th percentile — board review recommended

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

How comparable organizations were selected

77 organizations qualified on sector, size, and geography 77 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,186 total compensation of comparable organizations → $163,467 $55,666
$6,90510th
$12,01625th
$28,066Median
$44,35575th
$55,17490th
$55,666This org · 91st
p10$6,905
p25$12,016
p50$28,066
p75$44,355
p90$55,174
$55,666

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 OK 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
Quad City Painting Industry IA$97,442 Executive Director $4,500 $3,979 2023
Mid-atlantic Nato Inc MD$97,513 Executive Director $71,874 $51,358 2025
Professional Advocacy Association Of TX$97,675 Sec/exec Director $23,500 $18,987 2023
Tri State Stone Operators Association Inc WV$97,750 Secretary & Trainer $36,000 $31,483 2023
Fruitland Chamber Of Commerce Inc ID$98,710 Executive Dir. $44,368 $38,123 2023
Medical Board Of Nyp Bmh Corp NY$98,715 Pres $52,000 $37,953 2023
Davis Chamber Of Commerce OK$94,341 Director $37,040 $31,998 2024
Oak Harbor Area Chamber Of Commerce OH$99,270 Exec Director $9,833 $8,171 2024
Governmental Purchasing Association NJ$100,656 Executive Dir. $4,500 $3,245 2023
Escambia County Medical Society FL$92,289 Executive Director $66,000 $48,643 2024
Washington Contract Firefighters Association WA$92,115 President / Instructor $9,870 $7,137 2023
Mat-su Cabaret Hotel Restaurant AK$92,053 Executive Dir. $39,300 $29,478 2024
Bizworks Enterprise Center VA$90,466 Executive Director $65,048 $48,004 2025
Grow Spink Inc SD$89,853 Executive Director $48,000 $42,788 2023
Namc-dallas Fortworth Chapter Inc TX$88,494 President $14,000 $11,312 2023
Tehachapi Area Association Of Realtors CA$106,909 Ceo $13,875 $9,399 2024
Group Of 50 Foundation Inc DC$107,129 Executive Director Until September 2024 $91,819 $63,213 2024
Dealercpa Network Inc NY$85,900 Executive Director $28,800 $21,020 2023
Mid Atlantic Construction Safety Co PA$107,614 Executive Di $60,503 $47,335 2024
Home Builders Assoc Of Central VA$107,659 Executive Di $57,924 $43,878 2024
Upshur County Convention And Visitors Bureau Corp WV$108,227 Executive Director $31,917 $26,413 2025
Petaluma Gap Winegrowers Alliance CA$108,361 Executive Di $53,050 $35,939 2024
Lonmark International CA$108,950 Executive Director $19,800 $13,068 2025
Montana Avenue Merchant Association CA$83,773 Treasurer $1,750 $1,186 2024
Commercial Space Progress NM$83,608 Ceo And Director $42,914 $36,212 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to OK cost of living and 2021 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 OK 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 default91st
Total compensation (D + F), as reported (no adjustments)74th
Reportable pay only (column D), adjusted94th
All sources (D + E + F), adjusted86th

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 (Sherry Gamble Smith) 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 77 similarly situated organizations (Same NTEE sector (S41), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $55,666 is reasonable (approximately the 91st 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.