Live preview — download the board-ready PDF to attach to your minutes.Download the free PDF
Email yourself a copy:
PeerBasis
Compensation Comparability Determination

First Tech Fund Inc

Executive Director / CEO

EIN 851137904
NY · NTEE S02
FY ending 2025-04-30
June 9, 2026

This analysis benchmarks the total compensation of Josue De Paz, Executive Director / CEO ($90,625) against every comparable organization that fit the selection criteria — 18 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 61st percentile of comparable organizationswithin the typical range

Benchmarked executive: Josue De Paz — reported title “PRESIDENT”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

18 organizations qualified on sector, size, and geography 18 within the band form the benchmarked peer set.

Distribution of comparable compensation

$704 total compensation of comparable organizations → $156,479 $90,625
$28,70710th
$49,15925th
$71,658Median
$105,18875th
$136,79790th
$90,625This org · 61st
p10$28,707
p25$49,159
p50$71,658
p75$105,188
p90$136,797
$90,625

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
Join Prometheus Partners Inc NY$264,442 Director And Executive Director $88,260 $90,595 2024
Svp Austin Inc TX$263,643 Executive Director $118,938 $135,148 2024
Medical Staff Of Emanate Health CA$278,175 Chief Of Staff $60,000 $58,853 2024
Downtown West Orange Alliance Inc NJ$281,093 Executive Director $61,128 $61,996 2024
National Center For Resource Development WV$246,366 President $90,040 $110,742 2024
Philadelphia Shipyard Development Corporation PA$298,040 Exec Dir $138,136 $156,479 2024
The Gnar Education Foundation TN$313,326 Chief Executive Officer $40,725 $48,627 2024
Karat School Project CA$313,871 President $95,131 $93,312 2024
Community Synergy Inc NY$211,800 President $40,878 $43,199 2023
Global Initiatives MO$332,260 $76,160 $94,336 2023
Mom Your Business PA$335,238 Board President $43,519 $50,754 2023
Center For Community Resources MN$338,049 Executive Director $71,000 $79,693 2024
Colorado Institute For Public Life CO$193,450 Executive Director $129,125 $140,645 2024
Central Area Collaborative WA$348,132 Executive Director $103,916 $108,805 2023
Tie-boston Foundation Inc MA$183,328 Executive Di $6,000 $6,125 2024
El Centro Inc LA$354,818 Executive Director $49,406 $63,623 2023
Leadership Tyler Inc TX$371,965 Executive Director $636 $704 2025
The Urban Development Center Inc FL$375,245 President $35,970 $38,385 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 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 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 default61st
Total compensation (D + F), as reported (no adjustments)72nd
Reportable pay only (column D), adjusted61st
All sources (D + E + F), adjusted50th

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 (Josue De Paz) 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 18 similarly situated organizations (Same NTEE sector (S02), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $90,625 is reasonable (approximately the 61st 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.