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Filing year 2023

BLACK HAWK ECONOMIC DEVELOPMENT INC

Waterloo, Iowa·EIN 42-1114803·501(c)(4)
Total revenue
$2.2M
Total assets
$19.6M
Total expenses
$1.2M
Reported officers
12
Mission

TO ACTIVELY ENGAGE IN SUSTAINABLE ECONOMIC AND COMMUNITY DEVELOPMENT ACTIVITIES FOR THE BENEFIT OF ALL CONSTITUENTS THROUGH VARIOUS FINANCIAL AND OTHER ASSISTANCE PROGRAMS PRINCIPALLY TARGETED TO LOW-INCOME COMMUNITIES AND LOW-INCOME PERSONS, AND AT LEAST 60% OF ACTIVITIES TARGETED TO LOW-INCOME COMMUNITIES OR FOR LOW-INCOME PERSONS

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

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

Past Executive Director
Director (Operational)
Above 90th percentile
$263k
$290k
Base
$248k
Bonus
Other
Benefits
$15k
Executive Director
Median to 75th percentile
$106k
$117k

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 10 unpaid individuals.

Up 5%
from 2022

From $251k in 2022 to $263k in 2023.

$251k
2022
$263k
2023
In today's dollarsEst.
Up 1% in real terms$287k to $290k

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 fell 58% from 2022 to 2023, while revenue fell 39%.

$251k in 2022 to $106k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

BLACK HAWK ECONOMIC DEVELOPMENT INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.7M
$943k
2022
$2.2M
$1.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about BLACK HAWK ECONOMIC DEVELOPMENT INC

What does the Director (Operational) of BLACK HAWK ECONOMIC DEVELOPMENT INC earn?

In 2023, the Director (Operational) of BLACK HAWK ECONOMIC DEVELOPMENT INC received $262,941 in total compensation. This pay is in the top 10% for Director (Operational) roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Director (Operational) pay at BLACK HAWK ECONOMIC DEVELOPMENT INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Director (Operational) at BLACK HAWK ECONOMIC DEVELOPMENT INC falls in the top 10%.

What are BLACK HAWK ECONOMIC DEVELOPMENT INC's revenue and expenses?

In 2023, BLACK HAWK ECONOMIC DEVELOPMENT INC reported $2.2M in total revenue and $1.2M in total expenses on its IRS Form 990.

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