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Filing year 2024

AMES REGIONAL ECONOMIC ALLIANCE

Ames, Iowa·EIN 42-0623975·501(c)(6)
Total revenue
$4M
Total assets
$3.2M
Total expenses
$4.2M
Reported officers
25
Mission

THE MISSION OF THE AMES REGIONAL ECONOMIC ALLIANCE IS TO PROVIDE OUR MEMBERS SERVICES THAT STRENGTHEN THE ECONOMIC VITALITY IN AMES AND ENHANCE THE QUALITY OF LIFE IN OUR COMMUNITY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ceo
Above 90th percentile
$328k
$353k
Base
$299k
Bonus
Other
Benefits
$12k
Cultivation Corridor
Highest Compensated Employee
Median to 75th percentile
$213k
$229k
Base
$192k
Bonus
Other
Benefits
$9k
Vice President
Board Vice President
Median to 75th percentile
$132k
$142k
Senior Vice President
25th percentile to median
$123k
$132k

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 21 unpaid individuals.

Up 2%
from 2023

From $322k in 2023 to $328k in 2024.

$322k
2023
$328k
2024
In today's dollarsEst.
Down 1% in real terms$356k to $353k

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.

Pay for the position

Chief Executive Officer pay rose 2% from 2023 to 2024, while revenue rose 8%.

$322k in 2023 to $328k in 2024.
  • Highest Compensated Employee pay rose 15% from 2023 to 2024.
  • Board Vice President pay rose 7% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

AMES REGIONAL ECONOMIC ALLIANCE reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.7M
$3.8M
2023
$4M
$4.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about AMES REGIONAL ECONOMIC ALLIANCE

What does the Chief Executive Officer of AMES REGIONAL ECONOMIC ALLIANCE earn?

In 2024, the Chief Executive Officer of AMES REGIONAL ECONOMIC ALLIANCE received $328,183 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at AMES REGIONAL ECONOMIC ALLIANCE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at AMES REGIONAL ECONOMIC ALLIANCE falls in the top 10%.

What are AMES REGIONAL ECONOMIC ALLIANCE's revenue and expenses?

In 2024, AMES REGIONAL ECONOMIC ALLIANCE reported $4M in total revenue and $4.2M in total expenses on its IRS Form 990.

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