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

Hacfs Properties

Executive Director / CEO

EIN 881033701
AR · NTEE L20
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Mitchell Minnick, Executive Director / CEO ($22,377) against every comparable organization that fit the selection criteria — 265 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 36th percentile of comparable organizationswithin the typical range

Benchmarked executive: Mitchell Minnick — reported title “EXECUTIVE DI”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

265 organizations qualified on sector, size, and geography 265 within the band form the benchmarked peer set.

Distribution of comparable compensation

$132 total compensation of comparable organizations → $252,261 $22,377
$6,11110th
$14,88825th
$31,150Median
$51,83675th
$69,85790th
$22,377This org · 36th
p10$6,111
p25$14,888
p50$31,150
p75$51,836
p90$69,857
$22,377

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 AR 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
Network For Developing Conscious Communities Inc DC$230,497 Executive Director $73,126 $57,088 2023
Asi Las Vegas Inc MN$231,078 President/tr $65,715 $57,768 2023
Arlington Apartments Hdfc NY$231,219 Ceo $25,826 $20,166 2024
Cc Housing Inc NM$231,242 President $5,505 $5,268 2023
Rouse Housing Development Fund NY$231,274 Executive Director (To Dec 2023) $11,334 $9,111 2023
Habitat For Humanity Of Shelby KY$232,647 Executive Di $43,833 $41,896 2023
Harriets Housing OR$227,843 Executive Director $5,000 $4,131 2023
The Sea Glass Initiative Inc AL$233,352 Vice Preside $53,308 $48,482 2025
Los Sures 907 Driggs Avenue Hdfc NY$233,514 Executive Director $20,221 $15,789 2024
Bay Aging Apartments West Point Inc VA$227,033 President $17,050 $14,226 2024
Corpus Christi Supportive Hsng Inc MN$233,649 President/tr $65,715 $57,768 2023
Fenway Lodging House Inc MA$226,173 Director (As Of 5/24) $19,498 $15,141 2024
Preserve Jade East Apartments Inc OR$225,979 Executive Di $34,877 $27,987 2024
Alvarez Court Inc CA$234,805 Ceo $47,732 $36,668 2023
Asi Greeley Ii Inc MN$225,671 President/tr $68,006 $56,570 2025
Cabrini Green Lac Community Development Corporation IL$224,698 Executive Director $24,000 $20,991 2023
Bellflower Oak Street Manor OR$235,966 President $75,064 $60,236 2024
Fhi Lawrenceandover Inc MA$236,259 President & Ceo $38,739 $30,970 2023
Twentieth Association Properties Inc MA$236,638 President & Ceo $7,164 $5,563 2024
Compass Center Housing Development WA$236,649 President From 10/23 $1,117 $890 2023
North Central Housing Inc FL$237,214 President $7,500 $6,088 2024
Long Island Housing Partnership NY$223,347 President $58,483 $47,015 2023
Sands Horizon Inc GA$238,134 Secretary, Manager $8,334 $7,054 2025
Crossroads Village Mutual Housing CA$238,420 Director $5,430 $3,947 2025
Mantua I Corporation PA$221,996 Director Of Construction $13,787 $12,232 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to AR 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 AR 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 default36th
Total compensation (D + F), as reported (no adjustments)31st
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted56th

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 (Mitchell Minnick) 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 265 similarly situated organizations (Same NTEE sector (L20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $22,377 is reasonable (approximately the 36th 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.