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PeerBasis
Compensation Comparability Determination

Collateral Risk Network Inc

Executive Director / CEO

EIN 843493409
MD · NTEE L03
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Joan Trice, Executive Director / CEO ($62,500) against every comparable organization that fit the selection criteria — 583 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 83rd percentile of comparable organizationswithin the typical range

Benchmarked executive: Joan Trice — reported title “PRESDIENT”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

583 organizations qualified on sector, size, and geography 583 within the band form the benchmarked peer set.

Distribution of comparable compensation

$87 total compensation of comparable organizations → $366,495 $62,500
$5,53710th
$11,84625th
$27,477Median
$50,05375th
$71,37290th
$62,500This org · 83rd
p10$5,537
p25$11,846
p50$27,477
p75$50,053
p90$71,372
$62,500

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 MD 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
Memphis Union Mission Support TN$101,257 President $11,240 $12,637 2024
Mjf Housing No 3 Inc WI$101,244 Member - Term Ended 12/15/23 $20,964 $23,418 2024
Mhccc Housing Corp Iic IL$101,337 Director $42,513 $44,705 2024
Project Share Iv Inc NY$101,194 Executive Director $70,564 $70,217 2023
Andrew J Flodin Apartments AK$100,909 Executive Di $19,902 $20,352 2024
Friendship House Apartments Inc MO$101,720 Chairman $15,116 $17,125 2024
The Maples Housing Corporation MO$100,810 Executive Director $9,171 $10,390 2024
Rosevine Inc CA$101,792 Ceo $47,732 $45,389 2023
Ellett Road Apartments Corp VA$100,547 Ceo/president $59,710 $61,667 2024
Lss Housing South Willow Inc WI$100,492 President $38,239 $43,977 2023
Champion Place Inc NY$100,442 Treasurer $8,287 $8,010 2024
Pendlove Inc TN$100,148 Executive Director $25,360 $29,355 2023
Desert Esperanza Inc AZ$100,118 President/ceo $3,000 $3,086 2024
Bell Tower North Inc IN$100,107 Ex-officio & Regional Ceo $63,183 $73,374 2023
Greater Lake City Community Development Corp Inc FL$100,105 Executive Director $10,200 $10,249 2024
Next Step Housing Inc MD$99,899 President $20,272 $20,871 2023
Williams Street Apartments Inc MO$102,707 President $7,395 $8,161 2025
Westend Terzetto's ND$102,732 Secretary $16,389 $22,268 2021
Sonrisa Apartments Inc AZ$102,815 President & Ceo $10,460 $10,760 2024
Richardville Apartments Inc IN$99,724 President $44,374 $50,053 2024
Camelot Casitas CO$99,574 Vice President $35,660 $36,574 2024
Northland Lutheran Affordable Living For MI$103,048 Ceo $23,333 $25,760 2024
Garden Street Apartments Inc MA$99,500 President (As Of 8/22/22) $2,702 $2,674 2023
Harbor House Movin' Out Inc WI$103,123 Ceo $18,932 $21,149 2024
The Village At Providence Point Inc MD$99,216 President/ceo $31,093 $31,093 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MD 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 MD 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 default83rd
Total compensation (D + F), as reported (no adjustments)84th
Reportable pay only (column D), adjusted94th
All sources (D + E + F), adjusted18th

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 (Joan Trice) 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 583 similarly situated organizations (Same NTEE major group (L), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $62,500 is reasonable (approximately the 83rd 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.