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PeerBasis
Compensation Comparability Determination

Meadow On Seneca Housing Development

Executive Director / CEO

EIN 934036486
NY · NTEE L20
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of William Devita, Executive Director / CEO ($35,098) against every comparable organization that fit the selection criteria — 33 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 58th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

33 organizations qualified on sector, size, and geography 33 within the band form the benchmarked peer set.

Distribution of comparable compensation

$2,531 total compensation of comparable organizations → $524,478 $35,098
$8,05710th
$19,09025th
$30,857Median
$49,63875th
$159,90490th
$35,098This org · 58th
p10$8,057
p25$19,090
p50$30,857
p75$49,638
p90$159,904
$35,098

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 NY 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
Asset Holdings Inc GA$0 Ceo/director $471,348 $524,478 2024
Provident Group Girard Properties Inc LA$0 President $27,395 $34,369 2023
Douglas Gardens Holding Corp Inc FL$0 President $14,478 $15,052 2024
Fhcsd Housing Inc CA$0 President, Ceo $60,907 $59,922 2023
Cpnj-laurel Inc NJ$0 President - Ceo $19,321 $19,090 2024
Chesapeake Bay Housing Inc VA$0 Chairman $17,050 $18,218 2024
Esperanza Rhf Housing CA$0 President/ceo $76,739 $73,331 2024
Nsi - Lincoln County MO$0 Ceo $5,743 $6,731 2024
Perth Amboy Housing Inc NJ$0 Executive Director $256,277 $253,218 2024
1559 Boone Avenue Housing Development NY$0 Ceo $41,741 $41,741 2024
Menorah Plaza Housing Corporation MN$0 Ceo $22,194 $24,269 2024
Pine Gardens Ii Inc CA$0 Cfo $32,291 $30,857 2024
George Street Housing Inc MA$0 President $43,890 $43,647 2024
Wca Development Corporation CA$0 President $29,978 $28,647 2024
Visitacion Valley Affordable Housing CO$0 President $22,009 $23,355 2024
Tulsa Community Loan Fund Inc OK$0 Executive Director $21,922 $26,714 2024
Corona-ely Ranch Inc CA$0 President $39,896 $38,124 2024
Greater Rochester Partnership NY$0 President $26,994 $26,994 2024
Supportive Housing Inc TX$0 President And Ceo $44,840 $49,638 2024
Ccbc Properties Inc MA$0 President & Ceo $28,286 $27,404 2025
Hdf Community Land Trust Inc CT$0 President & Secretary $8,446 $8,537 2025
Icl Southern Boulevard Housing NY$0 Chair Person $25,107 $25,849 2023
Cucs Housing Development Fund NY$0 President $46,481 $47,854 2023
Vanguard Housing Solutions Inc GA$0 Former Presi $2,210 $2,531 2023
Reseda Ranch CA$0 President & Ceo Of New Horizons $8,068 $7,937 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to NY 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 NY 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 default58th
Total compensation (D + F), as reported (no adjustments)58th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted79th

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 (William Devita) 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 33 similarly situated organizations (Same NTEE sector (L20), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $35,098 is reasonable (approximately the 58th 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.