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PeerBasis
Compensation Comparability Determination

Crotona 1405 Boston Road Housing

Executive Director / CEO

EIN 844980174
NY · NTEE L21
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Frederick Shack, Executive Director / CEO ($4,614) against every comparable organization that fit the selection criteria — 13 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: Frederick Shack — reported title “CEO”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

13 organizations qualified on sector, size, and geography 13 within the band form the benchmarked peer set.

Distribution of comparable compensation

$5,693 total compensation of comparable organizations → $278,532 $4,614
$6,36510th
$11,02625th
$13,153Median
$30,29075th
$81,45590th
$4,614This org · 0th
p10$6,365
p25$11,026
p50$13,153
p75$30,290
p90$81,455
$4,614

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 NY 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
Shelter In The Storm Inc VA$7,130 Founding Dir $11,077 $11,836 2023
Special Housing And Homeownership Inc GA$6,721 President & Ceo $84,307 $93,810 2023
Centennial Falcon Properties Inc OH$6,650 President $244,651 $278,532 2024
Wcv Colony Development Inc OH$5,636 Ceo / Exec Dir $9,685 $11,026 2024
Ambassador Sro Inc CA$5,456 Ceo $6,760 $6,274 2024
National Community Renaissance CA$5,418 President $13,750 $12,763 2024
Tg 109 Inc TX$5,273 Executive Director $29,794 $32,035 2024
Lutheran Homes And Health Services Inc WI$5,264 Ceo $22,653 $25,430 2024
Menorah Terrace CA$8,968 President $7,252 $6,731 2024
Crescent Affordable Housing Corp LA$5,182 Director $11,141 $13,576 2023
Warrior Homesteads OH$9,094 Director $5,000 $5,693 2024
Park West Apartments Inc MA$9,359 President/director Until 12/18/23 $30,459 $30,290 2023
Sherwood Inn Apartments Inc MT$10,360 President $11,352 $13,153 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NY 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 NY 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), adjusted0th
All sources (D + E + F), adjusted62nd

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 (Frederick Shack) 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 13 similarly situated organizations (Same NTEE major group (L), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $4,614 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.