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PeerBasis
Compensation Comparability Determination

Grants Mainstreet Project

Executive Director / CEO

EIN 850444570
NM · NTEE S30
FY ending 2025-06-30
June 9, 2026

This analysis benchmarks the total compensation of Denise Hanson, Executive Director / CEO ($26,017) against every comparable organization that fit the selection criteria — 22 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 18th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Denise Hanson — reported title “EXECUTIVE DIRE”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

22 organizations qualified on sector, size, and geography 22 within the band form the benchmarked peer set.

Distribution of comparable compensation

$17,184 total compensation of comparable organizations → $96,478 $26,017
$21,38310th
$27,93525th
$44,156Median
$56,82875th
$86,08390th
$26,017This org · 18th
p10$21,383
p25$27,935
p50$44,156
p75$56,828
p90$86,083
$26,017

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 NM 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
Wake Forest Innovation Quarter Cdc NC$75,240 Director & President $56,067 $56,920 2023
Innovation Fund America Inc OH$75,113 Treasurer $17,000 $17,184 2024
Barrio Logan Association CA$77,320 Director $53,800 $44,335 2024
Borderplex Community Capital Inc TX$80,591 President & Ceo $91,437 $87,290 2024
Community Development Fund Of Utah UT$81,669 Chief Executive Officer $27,320 $27,473 2023
Orleans County Local Development NY$82,917 C.e.o./c.f.o. $23,698 $20,437 2024
Onmain Inc OH$66,667 President/coo $42,799 $44,539 2023
Dawson Co Economic Development Council MT$66,093 Executive Director $28,500 $29,319 2024
Overland Park Chamber Foundation KS$85,551 President $32,826 $33,845 2024
Regional Economic Development And Energy NY$60,050 President $106,965 $92,244 2024
Lincoln Economic Advancement & IL$94,896 Ceo $99,879 $96,478 2023
The Partnership Foundation Inc MS$55,821 Secretary $20,071 $21,334 2024
Vergennes Partnership Inc VT$96,959 Executive Director $27,560 $26,473 2024
Advancect Foundation Inc CT$52,816 President $24,386 $21,821 2024
Pidc Financing Corporation PA$51,975 Executive Vice President $72,708 $69,197 2024
Greenfield Main Street Inc IN$99,764 Executive Director $55,000 $55,353 2024
Greater Chicago Advanced Manufacturing IL$103,136 Executive Dir. $46,872 $43,977 2024
Black Chamber Of Commerce Of Greater Kansas City MO$103,214 Executive Director $29,794 $30,116 2024
Argentine Betterment Corporation KS$106,067 Executive Dir. $70,868 $75,225 2023
Economic And Community Growth PA$109,285 President/ce $43,001 $40,925 2024
Northwest Nebraska Development Corp NE$112,564 Executive Di $55,093 $56,551 2024
Greater Topeka Partnership Foundation KS$113,645 President & Ceo $51,343 $54,499 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NM cost of living and 2025 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 NM 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 default18th
Total compensation (D + F), as reported (no adjustments)18th
Reportable pay only (column D), adjusted55th
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 (Denise Hanson) 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 22 similarly situated organizations (Same NTEE sector (S30), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $26,017 is reasonable (approximately the 18th 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.