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PeerBasis
Compensation Comparability Determination

Convergence Memphis Inc

Executive Director / CEO

EIN 854051247
TN · NTEE L80
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Doreen Graves, Executive Director / CEO ($92,013) against every comparable organization that fit the selection criteria — 95 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: Doreen Graves — reported title “Executive Director”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

95 organizations qualified on sector, size, and geography 95 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,692 total compensation of comparable organizations → $181,012 $92,013
$11,08810th
$23,57625th
$48,760Median
$74,42875th
$99,98690th
$92,013This org · 87th
p10$11,088
p25$23,576
p50$48,760
p75$74,428
p90$99,986
$92,013

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 TN 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
Housing Justice League Inc GA$432,439 Executive Director $77,000 $73,656 2023
Amenity Aid RI$437,494 Executive Director $66,469 $60,635 2023
Fair Housing Council Of Central CA$429,664 Executive Dir. $55,868 $44,578 2024
Neighborhood Housing Services Of CT$437,873 Executive Di $67,000 $59,764 2023
Factory Built Owners Of America TX$438,000 President $31,250 $28,885 2024
Graceful Touch Transitional Services Inc AK$440,963 Executive Dir. $92,308 $81,549 2024
Home Means Nevada Inc Hmn NV$441,087 Ops Mgr $75,988 $70,384 2024
Edgewood Community Childcare & Learning Center IA$441,295 Executive Director $49,468 $48,760 2025
Mhp Town Centre Inc MD$442,503 Vice President $52,191 $45,088 2024
Lakeview Housing Authority Inc MD$421,567 Manager $27,600 $23,844 2024
North Star Housing Inc NY$447,613 President & Ceo $35,583 $30,589 2023
San Antonio Fair Housing Council Inc TX$447,629 Executive Director $63,951 $60,859 2023
Chicago Ballet Arts IL$419,358 Vice President $9,187 $8,346 2024
Appalachian Housing And Redevelopment Corporation GA$418,540 Secretary $61,496 $58,825 2023
Garwyn Oaks Northwest Housing Resource Center Inc MD$453,504 Executive Director $82,083 $70,912 2024
New Lima-housing For The Future OH$404,949 Executive Director $72,613 $71,068 2024
Neighborhood Housing Services WI$402,413 Executive Director $117,846 $110,796 2025
Eden Alvarado Niles Inc CA$465,262 President $39,896 $31,834 2024
Normandale Housing Corporation MN$467,001 Director $15,480 $14,134 2024
Vinecrest Senior Apartments Inc CA$477,837 Ceo $29,210 $23,307 2024
Inner City Recovery Homes International CA$481,502 Director $8,160 $6,511 2024
Mgrs Inc CT$482,073 Director $4,500 $3,798 2025
The Southern California Housing CA$486,451 President $13,750 $10,972 2024
Gtbl Development Corp OH$379,083 Executive Director $19,934 $19,510 2024
Southeastern North Carolina Community Development Corp NC$377,580 Secretary-treasurer $8,795 $8,398 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to TN 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 TN 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)82nd
Reportable pay only (column D), adjusted88th
All sources (D + E + F), adjusted54th

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 (Doreen Graves) 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 95 similarly situated organizations (Same NTEE sector (L80), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $92,013 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.