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Filing year 2024

IBERIA INDUSTRIAL DEVELOPMENT FOUNDATION

New Iberia, Louisiana·EIN 72-1027792·501(c)(6)
Total revenue
$525k
Total assets
$495k
Total expenses
$474k
Reported officers
24
Mission

PROMOTE INDUSTRIAL AND ECONOMIC DEVELOPMENT FOR EXISTING COMPANIES AND RECRUIT ADDITIONAL INDUSTRIES TO LOCATE IN IBERIA PARISH.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

President/ceo
75th to 90th percentile
$193k
$204k
Base
$162k
Bonus
Other
$11k
Benefits
$20k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 23 unpaid individuals.

Up 10%
from 2023

From $176k in 2023 to $193k in 2024.

$176k
2023
$193k
2024
In today's dollarsEst.
Up 6% in real terms$192k to $204k

Estimated with BLS CPI-U for the South 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 10% from 2023 to 2024, while revenue rose 13%.

$176k in 2023 to $193k 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.
Financial trend

Revenue and expenses over time

IBERIA INDUSTRIAL DEVELOPMENT FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$463k
$435k
2023
$525k
$474k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about IBERIA INDUSTRIAL DEVELOPMENT FOUNDATION

What does the Chief Executive Officer of IBERIA INDUSTRIAL DEVELOPMENT FOUNDATION earn?

In 2024, the Chief Executive Officer of IBERIA INDUSTRIAL DEVELOPMENT FOUNDATION received $192,651 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at IBERIA INDUSTRIAL DEVELOPMENT FOUNDATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at IBERIA INDUSTRIAL DEVELOPMENT FOUNDATION falls between the 75th and 90th percentiles.

What are IBERIA INDUSTRIAL DEVELOPMENT FOUNDATION's revenue and expenses?

In 2024, IBERIA INDUSTRIAL DEVELOPMENT FOUNDATION reported $525k in total revenue and $474k in total expenses on its IRS Form 990.

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