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Filing year 2024

CEDAR RAPIDS METRO ECONOMIC ALLIANCE

Cedar Rapids, Iowa·EIN 42-0172900·6
Total revenue
$4.2M
Total assets
$5.5M
Total expenses
$4.3M
Reported officers
16
Mission

TO DRIVE ECONOMIC, WORKFORCE AND POPULATION GROWTH STRATEGIES, AND TO HELP BUSINESSES SUCCEED.

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

Executive Director
$229k
$246k
Base
$207k
Bonus
Other
$1k
Benefits
$13k
VP of Economic Development
vice president
$188k
$203k
Base
$165k
Bonus
Other
$1k
Benefits
$16k
Medical Ssmid Manager
highest compensated employee
$146k
$157k
Assistant Secretary
highest compensated employee
$131k
$140k

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 12 unpaid individuals.

Up 2%
from 2023

From $224k in 2023 to $229k in 2024.

$224k
2023
$229k
2024
In today's dollarsEst.
Roughly flat in real terms$247k to $246k

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

CEDAR RAPIDS METRO ECONOMIC ALLIANCE reported revenue and expenses across 2 filing years.

RevenueExpenses
$4M
$4.4M
2023
$4.2M
$4.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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