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Filing year 2024

AMES REGIONAL ECONOMIC ALLIANCE

Ames, Iowa·EIN 42-0623975·6
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 · Schedule J · 4 reported individuals · Filing year 2024

$328k
$353k
Base
$299k
Bonus
Other
Benefits
$12k
Cultivation Corridor
highest compensated employee
$213k
$229k
Base
$192k
Bonus
Other
Benefits
$9k
Vice President
vice president
$132k
$142k
Senior Vice President
senior vice president
$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.

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.
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