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PeerBasis
Compensation Comparability Determination

Hillsboro Supportive Housing Inc

Executive Director / CEO

EIN 931199803
OR · NTEE L22
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Curt Germundson, Executive Director / CEO ($13,072) against every comparable organization that fit the selection criteria — 104 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 23rd percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Curt Germundson — reported title “FINANCE DIR.”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

104 organizations qualified on sector, size, and geography 104 within the band form the benchmarked peer set.

Distribution of comparable compensation

$307 total compensation of comparable organizations → $515,814 $13,072
$6,82510th
$15,70025th
$32,076Median
$64,71875th
$85,03290th
$13,072This org · 23rd
p10$6,825
p25$15,700
p50$32,076
p75$64,718
p90$85,032
$13,072

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 OR 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
Golden Rule Community Development Corp CA$159,853 President $10,000 $9,298 2024
Lindley Homes CA$158,812 Executive Director $26,967 $25,816 2023
Topeka Supportive Housing Inc MN$162,367 President/tr $68,006 $70,495 2025
Asi - Bozeman Inc MN$163,239 President/tr $68,006 $70,495 2025
Henry County Housing Development Group Inc IL$164,664 President $21,232 $22,477 2024
Venture Development 2002 Inc NY$154,585 Chief Executive Officer $38,189 $38,257 2023
Baybarry Corporation WI$153,318 President/ceo $138,859 $160,774 2023
Boulder Presbyterian Housing Inc CO$152,881 Manager $114,451 $118,176 2024
Senior Residence At Kapolei 2 Inc HI$168,208 Executive Director/assista $12,712 $12,255 2024
Shoals Senior Housing Inc IN$168,267 Secretary $11,050 $12,548 2024
Woodside Haven Inc WI$151,624 Director Of Finance (Thru May 2023) $37,706 $43,657 2023
Spring Valley Manor Inc AZ$169,124 Coo & Vice President $13,954 $14,878 2023
Ken-crest Housing Pa Ii Inc PA$151,007 Ceo $29,531 $31,712 2024
Loretta Village Housing Inc MD$150,186 Executive Director $11,222 $11,631 2023
Great Falls Supportive Housing MN$147,915 President/tr $68,006 $70,495 2025
Pigeon Creek I Inc OH$172,538 President $9,146 $10,431 2024
Tonopah Lamb Senior Housing Inc MN$172,831 President/tr $68,006 $70,495 2025
Partridge Place Apartments MO$146,845 President & Ceo $19,685 $23,114 2023
Shrewsbury Housing Inc PA$146,571 Interim President, Ceo/coo $17,059 $18,319 2024
Friends Apartment Homes Inc IN$174,718 Manager $9,885 $11,225 2024
La Casa Village Ii Inc WI$175,199 Board Member $21,467 $24,142 2024
Lifetime Community Apartments Inc NY$144,146 President & Ceo $19,027 $18,514 2024
Hillside Apartments Phase Ii MI$143,347 Administrator $8,247 $9,166 2024
Morse Elderly Housing Corporation FL$177,756 Vice Preside $75,384 $74,292 2025
Maine Adult Education Association ME$179,147 Executive Director $44,659 $46,913 2025

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to OR 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 OR 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 default23rd
Total compensation (D + F), as reported (no adjustments)25th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted24th

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 (Curt Germundson) 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 104 similarly situated organizations (Same NTEE sector (L22), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $13,072 is reasonable (approximately the 23rd 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.