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PeerBasis
Compensation Comparability Determination

Millburn Short Hills Business Organization Inc

Executive Director / CEO

EIN 853477595
NJ · NTEE S20
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Steve Grillo, Executive Director / CEO ($110,318) against every comparable organization that fit the selection criteria — 308 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 87th percentile of comparable organizationswithin the typical range

Benchmarked executive: Steve Grillo — reported title “EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

308 organizations qualified on sector, size, and geography 308 within the band form the benchmarked peer set.

Distribution of comparable compensation

$683 total compensation of comparable organizations → $279,363 $110,318
$19,91610th
$40,55225th
$70,105Median
$90,54975th
$121,72090th
$110,318This org · 87th
p10$19,916
p25$40,552
p50$70,105
p75$90,549
p90$121,720
$110,318

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 NJ 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
Beverly Main Streets Inc MA$318,844 Executive Di $93,549 $91,728 2025
The Urban Oasis Inc MD$318,154 Executive Director $71,318 $72,754 2025
Volunteer Center Of East Central WI$317,651 Executive Di $74,823 $87,521 2024
Freeway Park Neighborhood Group WA$321,133 Executive Director $87,707 $87,949 2024
Central Adirondack Partnership For NY$316,243 Executive Di $59,980 $60,705 2024
Southwest Collective IL$316,035 Exec Director $59,427 $65,436 2024
The Orinda Association CA$321,844 Secretary $17,125 $16,562 2024
Bayside Village Business Improvement NY$322,011 Executive Dir. $38,178 $38,639 2024
Friends Of Georgetown DC$322,036 Executive Director $77,787 $76,453 2024
Dubois County Area Development Corp IN$322,485 President-co $116,244 $141,355 2023
Uptown Parnership Incorporated CA$323,144 Executive Director $95,434 $95,024 2023
Believe In Bristol Inc TN$324,220 Ex Dir $60,000 $68,817 2025
Gric Urban Members Association Inc AZ$312,925 Chair $4,800 $5,170 2024
Springfield Avenue Partnership NJ$312,687 Executive Director $105,462 $105,462 2024
Capital Area Health Alliance MI$325,169 Executive Di $107,540 $124,322 2024
Fulton Economic Development Corp IN$325,896 Executive Director $82,355 $97,272 2024
World Servants Inc PA$326,260 Executive Di $90,000 $100,523 2024
Tappahannock Main Street VA$327,098 Executive Director $66,900 $74,485 2023
Al Community Development Corporation TX$310,318 Secretary $40,922 $45,848 2024
Blues To Green Inc MA$327,638 Executive Di $59,208 $59,591 2024
Northend Rise Inc FL$327,715 Executive Director (Former) $152,690 $165,402 2023
West End Revitalization Association NC$327,896 Co-founder Director $37,450 $44,620 2023
The Pest Management Foundation Inc VA$328,040 Ceo Npma $37,002 $41,197 2023
Livermore Downtown Inc CA$308,752 Executive Director $105,232 $101,774 2024
T R Hoover Community Development Corporation Inc TX$307,878 5106 Bexar St Dallas Tx 75215 $15,000 $17,302 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NJ 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 NJ 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 default87th
Total compensation (D + F), as reported (no adjustments)90th
Reportable pay only (column D), adjusted89th
All sources (D + E + F), adjusted83rd

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 (Steve Grillo) 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 308 similarly situated organizations (Same NTEE sector (S20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $110,318 is reasonable (approximately the 87th 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.