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Filing year 2024

Clear Lake Area Development Corporation

Clear Lake, South Dakota·EIN 87-4105727·NTEE S20 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$169k
Total assets
$91k
Total expenses
$110k
Reported officers
5

Executive compensation

Form 990-EZ · Part IV · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

Executive Director - October - December
25th percentile to median
$47k
$50k
Executive Director - Jan - October
10th to 25th percentile
$36k
$39k

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 3 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Clear Lake Area Development Corporation equaled 42% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
42%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 30%
from 2023

From $36k in 2023 to $47k in 2024.

$36k
2023
$47k
2024
In today's dollarsEst.
Up 27% in real terms$40k to $50k

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 30% from 2023 to 2024, while revenue rose 83%.

$36k in 2023 to $47k in 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Clear Lake Area Development Corporation

What does the Chief Executive Officer of Clear Lake Area Development Corporation earn?

In 2024, the Chief Executive Officer of Clear Lake Area Development Corporation received $46,800 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Clear Lake Area Development Corporation compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2024 pay of the Chief Executive Officer at Clear Lake Area Development Corporation falls between the 25th percentile and the median. In 2024, the highest total compensation at Clear Lake Area Development Corporation equaled 42% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are Clear Lake Area Development Corporation's revenue and expenses?

In 2024, Clear Lake Area Development Corporation reported $169k in total revenue and $110k in total expenses on its IRS Form 990.

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