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PeerBasis
Compensation Comparability Determination

Bisonx

Executive Director / CEO

EIN 921425437
ND · NTEE S32
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Nicholas J Edwards, Executive Director / CEO ($208,504) against every comparable organization that fit the selection criteria — 27 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 100th percentile of comparable organizationsabove the 90th percentile — board review recommended

Benchmarked executive: Nicholas J Edwards — reported title “Executive Director”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

27 organizations qualified on sector, size, and geography 27 within the band form the benchmarked peer set.

Distribution of comparable compensation

$4,125 total compensation of comparable organizations → $194,674 $208,504
$21,79010th
$59,35525th
$82,362Median
$101,77175th
$116,14990th
$208,504This org · 100th
p10$21,790
p25$59,355
p50$82,362
p75$101,771
p90$116,149
$208,504

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 ND 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
Door County Economic Development WI$505,269 Secretary And Executive Director $116,902 $108,060 2024
Lemhi County Economic Development Association Inc ID$493,886 Exec Director $49,921 $48,392 2023
North Dakota Farmers Union Foundation ND$507,249 President $9,900 $9,616 2024
Southern Mutual Help Association Inc LA$471,290 President $180,319 $180,932 2023
Great Plains Development Inc KS$469,125 Co-executive Director $84,532 $80,830 2024
Franklinton Center At Bricks Inc NC$540,339 Executive Director $80,850 $73,940 2024
Kentucky Science Teachers Association KY$543,929 Executive Dir. $116,136 $107,589 2025
Northwest Douglas County Economic CO$547,688 President $75,833 $66,260 2023
Alliance 2005 WA$559,389 Executive Director $104,223 $82,590 2024
Community Capital Of Vermont VT$438,273 Executive Di $113,519 $101,131 2024
Chehalis Tribal Loan Fund WA$437,153 Executive Director $127,500 $101,035 2024
Indiana Cooperative Development IN$437,011 Executive Di $131,561 $122,797 2024
South-central Indiana Regional IN$427,663 Executive Di $92,548 $86,383 2024
Texas Rural Communiites Inc TX$421,076 Executive Director $81,617 $72,261 2024
Rural Peoples Platform WA$390,950 Executive Director $36,207 $28,691 2024
Northeast Texas Economic Development TX$389,637 Executive Director $12,920 $11,439 2024
North Central Planning Council ND$613,987 Executive Director $115,017 $111,717 2024
Appalachian Independence Center VA$623,585 Executive Di $71,198 $59,278 2025
Rural Consumer Services Corporation NC$374,114 Ceo/general $212,866 $194,674 2024
Iaf Northwest WA$344,164 Lead Organizer $5,205 $4,125 2024
Seabrook Community Foundation WA$657,787 Executive Director $75,000 $59,432 2024
Beadle And Spink Enterprise SD$340,295 Executive Di $67,175 $65,618 2024
Montana Cooperative Development Center MT$677,678 Executive Director $85,855 $84,332 2023
Upper Cumberland Entreprenurial TN$687,547 President & Ceo $101,400 $94,338 2024
New Covenant Community Development IL$691,128 Executive Di $114,316 $102,410 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to ND 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 ND 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 default100th
Total compensation (D + F), as reported (no adjustments)96th
Reportable pay only (column D), adjusted100th
All sources (D + E + F), adjusted93rd

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 (Nicholas J Edwards) 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 27 similarly situated organizations (Same NTEE sector (S32), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $208,504 is reasonable (approximately the 100th 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.