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PeerBasis
Compensation Comparability Determination

Downtown Mebane Development Corporation

Executive Director / CEO

EIN 883879688
NC · NTEE S31
FY ending 2025-06-30
June 9, 2026

This analysis benchmarks the total compensation of Laura Schaefer, Executive Director / CEO ($38,020) against every comparable organization that fit the selection criteria — 37 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 32nd percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

37 organizations qualified on sector, size, and geography 37 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,331 total compensation of comparable organizations → $130,501 $38,020
$12,20710th
$32,54225th
$65,007Median
$89,50675th
$103,34490th
$38,020This org · 32nd
p10$12,207
p25$32,542
p50$65,007
p75$89,506
p90$103,344
$38,020

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 NC 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
Comeunity Cafe TN$156,995 Assistant $19,360 $20,813 2023
Agricultural Development Initiatives TN$146,233 Ceo, President, Director $85,800 $92,239 2023
Fredericksburg Virginia Main Street Inc VA$160,940 Interim Executive Director $35,000 $34,563 2023
The Valley Center Opportunity Zone NV$161,025 President Ceo $35,000 $34,852 2024
Cass Logansport Economic Developmen IN$143,763 Executive Di $80,501 $84,334 2024
Cathedral District-jax Inc FL$165,794 Ceo/presiden $93,675 $87,420 2024
Jamestown Regional Entrepreneur Center ND$135,026 Key Employee $75,539 $82,351 2024
Columbia Valley Housing Association Dba WA$171,894 Executive Dir. $35,538 $32,542 2023
Greater Austin San Antonio Corridor TX$172,168 President $131,325 $130,501 2024
Main Street Fort Pierce Inc FL$172,200 Executive Di $107,307 $97,561 2025
Friends Of Historic Downtown West Branch IA$131,292 Exec Director $57,903 $62,982 2024
Citywide Small Business Development OH$131,178 President $46,542 $48,970 2024
Baltimore Avenue Redevelopment Corporation PA$174,500 President $80,418 $79,667 2024
The Lowry Foundation CO$129,882 Interim Ed $24,270 $23,119 2024
Charles Street Development Corp MD$128,646 Executive Director $58,500 $54,332 2024
Albia Industrial Development IA$178,441 President $107,184 $116,587 2024
The Andre Sayegh Civic Association Inc NJ$125,456 Treasurer $1,500 $1,331 2024
Blackville Community Development SC$122,207 Executive Director $8,170 $8,717 2023
Economic Development Alliance Of OH$187,785 Economic Development Direc $4,532 $4,769 2024
Go-edc Foundation Inc WI$117,428 President & Ceo $18,313 $19,000 2024
Urban Strategic Solutions CA$116,537 Ceo $120,000 $102,938 2024
Downtown West Allis Inc WI$191,279 Exec Director $57,500 $59,655 2024
Pawtucket Foundation RI$192,116 Executive Di $108,000 $100,225 2025
Grant County Economic Developement Corporation KS$194,562 Executive Director $81,007 $89,506 2023
Visit Fort Wayne Foundation Inc IN$195,656 Executive Di $21,697 $22,730 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NC 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 NC 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 default32nd
Total compensation (D + F), as reported (no adjustments)35th
Reportable pay only (column D), adjusted41st
All sources (D + E + F), adjusted22nd

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 (Laura Schaefer) 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 37 similarly situated organizations (Same NTEE sector (S31), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $38,020 is reasonable (approximately the 32nd 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.