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PeerBasis
Compensation Comparability Determination

Verona Area Swim Team Inc

Executive Director / CEO

EIN 831011710
WI · NTEE N67
FY ending 2024-08-31
June 9, 2026

This analysis benchmarks the total compensation of Elizabeth Slager, Executive Director / CEO ($769) against every comparable organization that fit the selection criteria — 110 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 0th percentile of comparable organizationsbelow the typical range for comparable organizations

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

How comparable organizations were selected

110 organizations qualified on sector, size, and geography 110 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,056 total compensation of comparable organizations → $117,540 $769
$14,93610th
$35,70425th
$58,024Median
$74,34475th
$87,87290th
$769This org · 0th
p10$14,936
p25$35,704
p50$58,024
p75$74,344
p90$87,872
$769

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 WI 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
East Carolina Aquatics Inc NC$440,654 Ceo $76,100 $73,350 2025
Spokane Waves Aquatic Team WA$447,497 Head Coach $66,700 $58,869 2023
Hingham High School Rowing Assoc MA$433,996 Program Director $30,175 $25,964 2024
Lakeshore Swim Club Corp OH$450,349 Head Coach $62,404 $63,288 2024
Bare Hill Rowing Association Inc MA$450,700 Program Director $56,875 $48,938 2024
Thunder Inc TN$451,570 Director/coach $80,000 $80,519 2024
Camp Randall Rowing Club Inc WI$430,056 Head Coach $22,917 $22,917 2024
Upper Arlington Crew Inc OH$427,393 Executive Di $3,000 $2,964 2025
Mundelein Mustang Swim Club IL$458,367 Chief Executive Officer $74,704 $68,510 2025
Back Bay Aquatics Foundation CA$460,320 President $50,484 $41,741 2024
St Augustine Yacht Club Sailin FL$461,523 Manager $82,600 $74,300 2024
Boilermaker Aquatics Inc IN$419,604 Head Coach $73,098 $71,909 2025
Tristar Rowing TN$418,972 Executive Dir. $10,094 $10,159 2024
Munster Swim Club Inc IN$464,663 Head Coach $84,532 $83,157 2025
Elmbrook Swim Club Ltd WI$464,905 Head Coach $95,843 $95,843 2024
Hp Aquatics Club IL$467,529 Head Of Operations $68,922 $66,797 2023
Lexington Dolphins Inc KY$415,197 Ceo $60,120 $61,847 2024
Valpo Surf Project Inc ME$415,175 Founder / Ceo $83,255 $79,825 2024
Gig Harbor Junior Sailing WA$470,312 Sailing Director (Non-voting) $59,518 $51,023 2024
Spirit Of America Foundation Inc OH$412,418 Ceo/presiden $85,623 $86,836 2024
Greensboro Swimming Association Inc NC$471,477 Head Coach $103,234 $102,137 2024
Kc Swim Academy And Infant Aquatics MO$471,968 President $34,000 $35,500 2023
Mission Aurora Colorado Swim Team CO$410,117 Head Coach $73,502 $65,746 2025
American Volkssport Associationinc TX$472,967 Ceo/presiden $106,513 $102,020 2024
Minneapolis Rowing Club MN$473,598 Club Administrator $44,793 $43,632 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to WI 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 WI 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 default0th
Total compensation (D + F), as reported (no adjustments)0th
Reportable pay only (column D), adjusted3rd
All sources (D + E + F), adjusted0th

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 (Elizabeth Slager) 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 110 similarly situated organizations (Same NTEE sector (N67), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $769 is reasonable (approximately the 0th 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.