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PeerBasis
Compensation Comparability Determination

Marimed Foundation For Island

Executive Director / CEO

EIN 990235066
HI · NTEE E21Z
FY ending 2023-06-30
June 9, 2026

This analysis benchmarks the total compensation of Matthew A Claybaugh, Executive Director / CEO ($150,096) 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 73rd percentile of comparable organizationswithin the typical range

Benchmarked executive: Matthew A Claybaugh — reported title “PRESIDENT/CE”, 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

$7,428 total compensation of comparable organizations → $487,790 $150,096
$32,86310th
$45,77725th
$92,829Median
$144,48575th
$268,47490th
$150,096This org · 73rd
p10$32,863
p25$45,777
p50$92,829
p75$144,485
p90$268,474
$150,096

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 HI 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
Mercy Healthcare Foundation - Clinton IA$320,461 Exec Dir; Mercyone Clinton Mktg Dir $22,585 $27,621 2023
Joyful Journey Inc IN$373,739 Executive Director $74,923 $88,250 2023
Affinity Health Alliance Inc DE$379,184 Director, President- Thru 1/23 $84,880 $92,829 2023
Medical Support & Development MS$268,878 President $40,000 $48,331 2024
Hospital Executive Council Inc NY$393,588 Executive Director $125,492 $126,658 2023
Research And Education Trust ME$237,700 President $39,786 $43,222 2024
Union County Health And Wellness NM$235,609 Executive Dir. $83,200 $99,950 2023
Fair Share Hospitals Collaborative NY$420,000 Exec. Dir. As Of 04/01/24 $116,688 $114,393 2024
Ouachita Valley Health System AR$222,566 Physician $400,001 $487,790 2024
Public Health Fund PA$433,474 Member $175,125 $195,062 2023
Utmb Health Plans Inc TX$436,037 Former President And Ceo $6,844 $7,428 2024
Visiting Nurse Associations Of New MA$438,049 President/ceo $166,491 $162,312 2024
San Joaquin Valley Free Medical Clinic And Needle Exchange CA$446,572 President $42,226 $40,726 2023
Dartmouth-hitchcock Medical Center NH$460,431 Trustee / Ex-officio Ceo $47,441 $48,928 2023
Capital Region Health Care Corporation NH$474,580 President & Ceo, Member Ex-officio $316,861 $317,415 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to HI 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 HI 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 default73rd
Total compensation (D + F), as reported (no adjustments)73rd
Reportable pay only (column D), adjusted87th
All sources (D + E + F), adjusted47th

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 (Matthew A Claybaugh) 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 (E21), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $150,096 is reasonable (approximately the 73rd 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.