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PeerBasis
Compensation Comparability Determination

Trinity Knolls Mutual Water Company

Executive Director / CEO

EIN 941606897
CA · NTEE Y22
FY ending 2024-09-30
June 9, 2026

This analysis benchmarks the total compensation of Kenneth Reynolds, Executive Director / CEO ($15,225) against every comparable organization that fit the selection criteria — 95 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 68th percentile of comparable organizationswithin the typical range

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

How comparable organizations were selected

95 organizations qualified on sector, size, and geography 95 within the band form the benchmarked peer set.

Distribution of comparable compensation

$92 total compensation of comparable organizations → $310,404 $15,225
$52210th
$1,30725th
$6,965Median
$18,35475th
$67,31890th
$15,225This org · 68th
p10$522
p25$1,307
p50$6,965
p75$18,354
p90$67,318
$15,225

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 CA 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
Alton Cemetery Inc IL$106,169 Trustee $750 $879 2023
Clinton Cemetery Association Inc NY$109,218 Superintendent $18,000 $18,836 2024
Fraternal Order Of Eagles OH$109,239 Secretary $75 $92 2024
Greenfield Moose Family Center 997 Loom MA$104,541 Administrator $18,200 $18,452 2025
Higher Education Consortium For Student DC$103,327 Ex-officio Executive Director $163,570 $171,137 2023
Wyoming Fire Dept Relief Association MN$111,547 President $500 $589 2023
Nashwauk Fire Relief Association MN$102,081 President $7,200 $8,239 2024
Woodland Cemetery Association Inc NY$113,572 President $1,900 $2,047 2023
Real Estate Cyber Consortium DC$100,000 Executive Director $38,537 $39,163 2024
Marilla Cemetery Association Inc NY$99,787 President $575 $602 2024
Union Cemetery Association Of OR$115,074 Sec/treasurer $3,600 $3,772 2025
Sailmail Association CA$99,465 Secretary $25,200 $25,200 2024
The Farmington Cemetery Association NH$115,306 President $1,200 $1,283 2024
Mt Carmel Cemetery AR$115,425 Assistant Secretary $5,150 $6,902 2023
Cahp Retired Employees Medical Trust CA$98,902 Trustee $41,152 $41,152 2024
Rhode Island State Fop Foundation Inc RI$98,822 President $4,800 $5,192 2025
Goshen Cemetery Inc IN$116,781 President $700 $881 2023
Chevra Ahavas Chesed Inc MD$96,228 Executive Director $15,000 $16,240 2024
Ohio League For Nursing OH$119,853 Managing Dir $54,600 $66,971 2024
Horse Country Inc KY$120,372 Executive Director $128,919 $160,401 2024
Vfw Post 1449 Inc NY$94,121 Quartermaster $15,600 $16,807 2023
Free And Accepted Masons Willow Glen-fraternity399 CA$93,422 Secretary $3,600 $3,600 2024
Allendale Waldwick Pba NJ$93,386 State Delegate $1,950 $1,965 2025
New Bedford Lodge No 914 Loyal Order Of Moose MA$93,202 Administrator $1,551 $1,614 2024
Fraternal Order Of Eagles MO$121,924 Bartender $14,603 $17,451 2025

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to CA 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 CA 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 default68th
Total compensation (D + F), as reported (no adjustments)73rd
Reportable pay only (column D), adjusted79th
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 (Kenneth Reynolds) 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 95 similarly situated organizations (Same NTEE major group (Y), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $15,225 is reasonable (approximately the 68th 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.