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PeerBasis
Compensation Comparability Determination

Ibew Local 8 Scholarship Fund

Executive Director / CEO

EIN 866371696
OH · NTEE B82
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Vincent P Hester Ii, Executive Director / CEO ($55,355) against every comparable organization that fit the selection criteria — 38 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 89th percentile of comparable organizationswithin the typical range

Benchmarked executive: Vincent P Hester Ii — reported title “TRUSTEE”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

38 organizations qualified on sector, size, and geography 38 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,016 total compensation of comparable organizations → $184,228 $55,355
$2,53610th
$5,01025th
$12,967Median
$36,68075th
$50,69790th
$55,355This org · 89th
p10$2,536
p25$5,010
p50$12,967
p75$36,680
p90$50,697
$55,355

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 OH 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
Illinois Retail Merchants Association IL$47,132 Treasurer $43,138 $38,892 2024
Cahp Foundation Trust CA$46,539 Trustee $41,152 $32,587 2024
Clean Slate E3 Inc PA$46,304 President $45,261 $41,392 2024
Printing Industry Assoc Of Ga GA$45,988 Ex-officio $6,933 $6,582 2023
Annie J Maccoll Charitable Trust FL$47,878 Trustee $22,519 $19,973 2023
Pine Cone Foundation CA$45,312 President/cfo $50,000 $39,595 2024
Harrison County Educational Foundat KY$48,958 Secretary/tr $6,000 $5,912 2024
The John R Mott Scholarship VA$49,049 Director $2,000 $1,771 2024
Project Zawadi Inc MN$49,152 Executive Direc $5,417 $4,909 2024
Kll Memorial Scholarship Foundation KS$49,336 Treasurer $1,025 $1,016 2024
Nbs Classical Music Institute Inc PA$49,539 Consultant $5,500 $5,178 2023
C J Francis Iii Foundation OH$49,811 Director; Treasurer $1,950 $1,894 2024
California Association Of Winegrape CA$43,379 Executive Di $18,609 $14,736 2024
Ilpa Scholarships Forever Inc IA$50,432 Executive Di $5,764 $5,959 2023
Wisconsin State Telecommunications WI$43,175 Treasurer, S $20,190 $19,908 2023
Airmen Memorial Foundation Inc MD$51,291 Treasurer $8,743 $7,496 2024
The John Tramontano Jr Educational PA$42,298 President/tr $14,222 $13,006 2024
Yau High School Sciences Awards MA$51,477 Treasurer/director $9,416 $7,989 2023
Ohio Contractors Association Advancement OH$51,788 Treasurer/secretary $49,422 $48,004 2024
Otho Davis Scholarship Foundat NJ$52,243 Exec Director $20,000 $16,376 2024
Hepburn Bootstrap Foundation Inc WI$52,463 Assistant Secretary $57,748 $56,942 2023
Fsa Scholarship Foundation TX$53,115 Executive Director $17,400 $16,433 2023
Wireless Infrastructure Association VA$53,833 President $42,749 $37,853 2024
Vicki Romero Foundation AZ$39,354 President $19,350 $17,066 2024
Kathryn Long Scholarship Fund WI$38,095 Co-trustee $3,818 $3,563 2025

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to OH 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 OH 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 default89th
Total compensation (D + F), as reported (no adjustments)89th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted66th

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 (Vincent P Hester Ii) 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 38 similarly situated organizations (Same NTEE sector (B82), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $55,355 is reasonable (approximately the 89th 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.