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PeerBasis
Compensation Comparability Determination

Storehouse Food Pantry

Executive Director / CEO

EIN 843239885
TN · NTEE K31
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Elisabeth Underwood, Executive Director / CEO ($5,900) against every comparable organization that fit the selection criteria — 78 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 5th percentile of comparable organizationsbelow the typical range for comparable organizations

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

How comparable organizations were selected

78 organizations qualified on sector, size, and geography 78 within the band form the benchmarked peer set.

Distribution of comparable compensation

$506 total compensation of comparable organizations → $120,099 $5,900
$11,66110th
$22,29625th
$38,948Median
$60,17275th
$72,18790th
$5,900This org · 5th
p10$11,661
p25$22,296
p50$38,948
p75$60,172
p90$72,187
$5,900

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 TN 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
Gatesville Care Center TX$410,582 Co-director $20,400 $18,857 2024
Helping Hands Caring Hearts Inc AR$396,581 Executive Di $29,280 $30,413 2024
Charity Series Of Poker NV$388,171 President $67,333 $64,209 2023
South Corvallis Food Bank OR$388,150 Exectutive Director $33,959 $29,141 2024
Porch-hillsborough NC$383,696 Director $15,280 $15,020 2023
Feed The Needy TN$424,121 Chairwoman And Ceo $32,196 $31,272 2024
Veggies To Table ME$425,428 Director $42,060 $38,918 2024
Bushels Of Blessings NJ$382,269 Executive Director $15,217 $12,554 2024
Hardwick Area Food Pantry Inc VT$380,838 Executive Director $16,566 $15,408 2024
The Good Shepherd Food Pantry Of Bertie County Nc Inc NC$379,382 Executive Director $48,640 $47,813 2023
Illinois Valley Food Pantry IL$378,887 Executive Dir. $44,792 $39,642 2025
Pearland Neighborhood Center TX$432,212 Executive Director $47,544 $45,245 2023
Guardians Of Hope Inc MT$373,796 Secretary $22,752 $22,663 2024
Murphysboro Food Pantry Inc IL$373,004 Exec Director $72,937 $66,260 2024
New Life Ministries - Indiana Inc IN$372,659 President $16,885 $16,940 2023
Franklin Area Community Services Inc OH$443,173 Executive Director $25,667 $25,121 2024
Irondequoit Community Cupboard Inc NY$363,688 Executive Director $50,013 $42,994 2023
Appling County Food Bank Inc GA$363,120 Director $16,821 $15,628 2024
Guilderland Food Pantry Inc NY$358,568 Executive $26,590 $22,203 2024
Tennessee Food On Foot Foundation Inc TN$358,356 President $13,500 $13,113 2024
Uproot Colorado CO$450,552 Executive Dir. $64,725 $57,350 2024
Hamilton County Harvest Food Bank Inc IN$454,143 Exec Director $40,000 $38,978 2024
Food Pantry Of Jeff Davis County Inc TX$352,735 Executive Director $35,614 $32,919 2024
Topss OH$459,037 Executive Director $51,931 $50,826 2024
Sharefest Will County IL$460,087 President Director $5,333 $4,845 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to TN cost of living and 2023 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 TN 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 default5th
Total compensation (D + F), as reported (no adjustments)5th
Reportable pay only (column D), adjusted5th
All sources (D + E + F), adjusted5th

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 (Elisabeth Underwood) 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 78 similarly situated organizations (Same NTEE sector (K31), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $5,900 is reasonable (approximately the 5th 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.