PROMOTE THE ECONOMIC DEVELOPMENT AND EMPLOYMENT OPPORTUNITIES IN MONROE COUNTY, IOWA, INCLUDING THE CITY OF ALBIA BY ADVERTISING AND PUBLICIZING THE ADVANTAGES OF THE AREA AND ASSISTING IN LOCATING, DEVELOPING AND MAKING AVAILABLE SUITABLE INDUSTRIAL SITES AND LOCATIONS.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Iowa.
| Position | Total |
|---|---|
President Median to 75th percentile | $107k $115k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 9 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2024, the highest total compensation at ALBIA INDUSTRIAL DEVELOPMENT CORPORATION equaled 63% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 2%
from 2023
From $105k in 2023 to $107k in 2024.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 2% from 2023 to 2024, while revenue fell 2%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about ALBIA INDUSTRIAL DEVELOPMENT CORPORATION
What does the Chief Executive Officer of ALBIA INDUSTRIAL DEVELOPMENT CORPORATION earn?
In 2024, the Chief Executive Officer of ALBIA INDUSTRIAL DEVELOPMENT CORPORATION received $107,184 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Iowa, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at ALBIA INDUSTRIAL DEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in Iowa, the 2024 pay of the Chief Executive Officer at ALBIA INDUSTRIAL DEVELOPMENT CORPORATION falls between the median and the 75th percentile. In 2024, the highest total compensation at ALBIA INDUSTRIAL DEVELOPMENT CORPORATION equaled 63% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are ALBIA INDUSTRIAL DEVELOPMENT CORPORATION's revenue and expenses?
In 2024, ALBIA INDUSTRIAL DEVELOPMENT CORPORATION reported $178k in total revenue and $169k in total expenses on its IRS Form 990.
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