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Filing year 2023

GREATER OELWEIN AREA CHARITABLE FOUNDATION INC

Oelwein, Iowa·EIN 42-1506967·NTEE N31 · Recreation & Sports·3
Total revenue
$27k
Total assets
$3.2M
Total expenses
$65k
Reported officers
7
Mission

CHARITABLE AND EDUCATIONAL PURPOSES - (1) TO RAISE MONEY FOR THE CONSTRUCTION AND OPERATION OF A COMMUNITY ARTS/PERFORMANCE CENTER AND A RECREATION/WELLNESS CENTER. TO BE OPERATED BY A 28E COMMITTEE COMPOSED OF THE CITY OF OELWEIN & THE OELWEIN COMMUNITY SCHOOL DISTRICT. WILL BENEFIT OVER 10,000 RESIDENTS OF THE SURROUNDING AREA.(2) TO RAISE MONEY AND CONSTRUCT A REGIONAL ACADEMY FOR MATH AND SCIENCE TO BE OPERATED BY A 28E AGREEMENT COMPOSED OF THE FOUNDATION, THE OELWEIN COMMUNITY SCHOOL DISTRICT AND NORTHEAST IOWA COMMUNITY COLLEGE.THE FOUNDATION LEASES THE ACADEMY TO THE NORTHEAST IOWA COMMUNITY COLLEGE WITH THE PROCEEDS GOING TO PAY THE DEBT SERVICE OWED TO THE USDA-RD.3) MISCELLANEOUS CONTRIBUTIONS ARE RECEIVED TO SUPPORT WELLNESS SCHOLARSHIPS, AND OTHER CHARITABLE AND EDUCATIONAL PROJECTS.

Reported officers (all unpaid)

No paid executives reported in 2023. GREATER OELWEIN AREA CHARITABLE FOUNDATION INC reported 7 unpaid officers and board members on its 990.

Treasurer
Vice President
Chairman
Secretary
Director
Director
Director
Sector benchmark

What Recreation & Sports executives earn

GREATER OELWEIN AREA CHARITABLE FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable recreation & sports organization nationwide earns a median of $42,799.

25th percentile
$13k
Median
$42,799
75th percentile
$95k
90th percentile
$178k

These are recreation & sports sector-wide figures, not this organization's reported pay. Based on 1,750 organizations across 1,750 filings (2021 – 2023).

See full Recreation & Sports compensation data
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