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Filing year 2023

BLACK HAWK ECONOMIC DEVELOPMENT INC

Waterloo, Iowa·EIN 42-1114803·4
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 · Schedule J · 2 reported individuals · Filing year 2023

Past Executive Director
director (operational)
$263k
$290k
Base
$248k
Bonus
Other
Benefits
$15k
Executive Director
$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.

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.
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