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PeerBasis
Compensation Comparability Determination

College Of Idaho 2nd Century Fund

Executive Director / CEO

EIN 943115589
ID · NTEE B42I
FY ending 2024-06-30
June 9, 2026

This analysis benchmarks the total compensation of Richard W Erne, Executive Director / CEO ($14,291) 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 20th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Richard W Erne — reported title “VP Finance & Administration”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable 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

$2,435 total compensation of comparable organizations → $139,284 $14,291
$7,42410th
$17,78525th
$27,126Median
$50,71875th
$66,83190th
$14,291This org · 20th
p10$7,424
p25$17,785
p50$27,126
p75$50,718
p90$66,831
$14,291

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 ID 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
William Peace University Foundation NC$242,682 University President (Thru 6/24) $22,867 $22,211 2024
Springfield School Volunteers Foundation MA$243,504 President & Ceo $6,883 $5,814 2024
Berkshire Christian College MA$216,014 President $33,995 $29,565 2023
American Innovation University CA$253,081 Ceo $166,667 $139,284 2023
College Properties Of Oberlin Inc OH$204,921 President/trustee $75,093 $72,838 2025
Washington Mens Gymnastics Foundation WA$255,053 Executive Director $12,000 $9,839 2025
Martin Luther King Breakfast OH$263,245 Executive Di $38,000 $36,859 2025
The Baron Real Estate Foundation Inc GA$270,674 President $54,552 $51,562 2024
Southern Methodist College SC$188,478 Ex Officio Member $28,392 $27,126 2025
Oak Brook College Of Law And Government Policy CA$168,321 President $3,000 $2,435 2024
Heritage Bible College Inc NC$291,883 President $59,529 $57,821 2024
Rowan College At Burlington County NJ$298,220 Secretary $59,423 $49,874 2024
Institute Artes Liberales Foundation $313,570 President/program Director $16,708 $16,708 2024
Hildegard College CA$335,941 President $23,852 $18,862 2025
Ucs University Of California CA$341,941 President $24,000 $19,481 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to ID 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 ID 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 default20th
Total compensation (D + F), as reported (no adjustments)20th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted73rd

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 (Richard W Erne) 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 (B42), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $14,291 is reasonable (approximately the 20th 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.