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PeerBasis
Compensation Comparability Determination

The Valhalla Fund

Executive Director / CEO

EIN 921700871
WA · NTEE H45
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Christian Johanneson, Executive Director / CEO ($18,342) against every comparable organization that fit the selection criteria — 54 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 22nd percentile of comparable organizationsbelow the typical range for comparable organizations

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

How comparable organizations were selected

54 organizations qualified on sector, size, and geography 54 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,929 total compensation of comparable organizations → $734,305 $18,342
$7,43210th
$20,45125th
$31,306Median
$71,65375th
$109,70990th
$18,342This org · 22nd
p10$7,432
p25$20,451
p50$31,306
p75$71,653
p90$109,709
$18,342

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 WA 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
Foundation For Arthroplasty Research And IL$119,978 Executive Director $24,514 $27,713 2023
Vincera Foundation PA$116,830 Executive Dir. $30,000 $33,415 2024
Detroit International Research And MI$116,460 Executive Di $25,992 $29,965 2024
Ghost Tree Invitational Ltd OR$112,403 Vice Preside $12,000 $12,447 2024
Heart And Stroke Research Fund AZ$112,297 President $2,000 $2,093 2025
Noah's Bandage Project KS$128,245 Program Manager $62,200 $75,055 2024
Research Mississippi Inc MS$128,366 Executive Director $42,000 $52,247 2024
University Kidney Research Organization CA$110,733 President $2,000 $1,929 2024
The Salgi Esophageal Cancer Research Foundation RI$110,298 Vice President $8,800 $9,425 2024
The Alliance For Benzodiazepine Best Practices OR$109,326 Medical Director $24,000 $25,629 2023
All Greater Good Foundation CA$130,726 President & Ceo $96,000 $95,325 2023
Allergists For Israel OH$106,610 Administrator $3,250 $3,845 2024
Triangle Global Health Consortium NC$135,426 Executive Di $80,102 $92,445 2024
Tri County Development Corp TN$102,667 President/ceo $8,413 $9,877 2024
Anchorage York Rite Foundation Inc AK$102,219 Secretarytreasurer $5,680 $6,065 2024
Down Syndrome Foundation Of CA$137,654 Treasurer $72,600 $72,089 2023
Acls And Lacls Committee CA$138,380 President $30,000 $28,934 2024
Children's Cancer Aid And Research Institute AZ$98,592 President $29,575 $31,769 2024
Affinity Partners Network Inc NJ$140,894 President/ceo $30,040 $30,842 2023
Cure Tay-sachs Foundation AZ$141,059 President $48,000 $51,561 2024
Val Skinner Foundation Inc NJ$96,009 Chairperson $7,500 $7,479 2024
The Tiller Foundation AZ$93,604 President & Director $24,000 $26,542 2023
Wallace Rheumatic Disease Foundation CA$146,836 President $20,000 $19,290 2024
Dayton Veterans Affairs Research & Educa OH$147,034 Executive Director $22,275 $27,130 2023
Movement Disorders Foundation CO$147,641 Executive Director $55,750 $61,473 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to WA cost of living and 2024 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 WA 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 default22nd
Total compensation (D + F), as reported (no adjustments)24th
Reportable pay only (column D), adjusted33rd
All sources (D + E + F), adjusted20th

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 (Christian Johanneson) 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 54 similarly situated organizations (Same NTEE major group (H), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $18,342 is reasonable (approximately the 22nd 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.