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PeerBasis
Compensation Comparability Determination

Local 560 Ibt 303 Molnar Realty

Executive Director / CEO

EIN 923384096
NJ · NTEE S47
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Joseph Dipalma, Executive Director / CEO ($85,514) against every comparable organization that fit the selection criteria — 15 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: Joseph Dipalma — reported title “PRESIDENT”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

15 organizations qualified on sector, size, and geography 15 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,713 total compensation of comparable organizations → $57,628 $85,514
$4,71410th
$8,40925th
$12,858Median
$33,55875th
$44,19290th
$85,514This org · 100th
p10$4,714
p25$8,409
p50$12,858
p75$33,558
p90$44,192
$85,514

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 NJ 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
Iatse Local 729 Building Corporation CA$33,345 Bus Rep/secretary-treasurer $35,936 $33,758 2024
Local 96 Ibew Building Corporation MA$31,852 Business Manager $51,209 $50,062 2024
Arbac Properties Inc LA$41,388 President $17,281 $21,313 2023
Main Development Group PA$30,272 President/ceo $11,512 $12,858 2023
Deer Creek Holdings Inc OK$30,100 President $12,000 $14,800 2023
347 West 41st Street Inc NY$29,960 President $11,400 $11,207 2024
The University Of Toledo Foundation OH$27,982 President And Ceo $28,119 $33,357 2023
Galion Masonic Temple Company OH$44,703 Maintenance $7,200 $8,296 2024
The Building Corporation Of Seiu OR$26,555 Executive Di $57,042 $57,628 2024
Rcc Property Holdings Inc FL$26,121 Excutive Dir $8,337 $8,521 2024
Mhep Properties Inc PA$24,820 Secretary $1,579 $1,713 2024
Lazear Domestic Water Co CO$47,722 Secretary-treasurer $2,400 $2,503 2024
Northstar Property Corporation Of Pa PA$47,963 Member $7,401 $8,030 2024
Delta Sigma Phi Title Holding Company IN$48,287 Executive Director $30,845 $35,387 2024
Will County Community Action IL$53,465 Fiscal Agent $9,683 $10,662 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NJ 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 NJ 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)100th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted67th

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 (Joseph Dipalma) 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 15 similarly situated organizations (Same NTEE sector (S47), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $85,514 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.