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Filing year 2024

IOWA AREA DEVELOPMENT GROUP LC

Des Moines, Iowa·EIN 42-1432150·501(c)(6)
Total revenue
$1.8M
Total assets
$3.4M
Total expenses
$1.8M
Reported officers
12
Mission

IT IS THE MISSION OF IOWA AREA DEVELOPMENT GROUP TO ADVANCE BUSINESS AND COMMUNITY DEVELOPMENT PROJECTS AND STRATEGIES IN RURAL IOWA ON BEHALF OF OUR UTILITY MEMBERS, ECONOMIC DEVELOPMENT PARTNERS AND THE COMMUNITIES WE SERVE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024

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

Chief Executive Officer
Above 90th percentile
$358k
$386k
Base
$263k
Bonus
Other
Benefits
$21k
Vice President-bus. Develo
Highest Compensated Employee
Median to 75th percentile
$217k
$234k
Base
$148k
Bonus
Other
Benefits
$26k
Vice President-community I
Highest Compensated Employee
Median to 75th percentile
$175k
$188k
Base
$117k
Bonus
Other
Benefits
$24k
Vice President-added Agric
Highest Compensated Employee
Median to 75th percentile
$173k
$186k
Base
$126k
Bonus
Other
Benefits
$10k
Vice President-dev. Finance
Highest Compensated Employee
Median to 75th percentile
$170k
$183k
Base
$111k
Bonus
Other
Benefits
$25k
Sr. Manager, Accounting & Human Resources
Accounting Manager
Median to 75th percentile
$147k
$158k

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 6 unpaid individuals.

Up 4%
from 2023

From $345k in 2023 to $358k in 2024.

$345k
2023
$358k
2024
In today's dollarsEst.
Up 1% in real terms$381k to $386k

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 4% from 2023 to 2024, while revenue fell 24%.

$345k in 2023 to $358k in 2024.
  • Highest Compensated Employee pay rose 3% from 2023 to 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

IOWA AREA DEVELOPMENT GROUP LC reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.3M
$1.9M
2023
$1.8M
$1.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about IOWA AREA DEVELOPMENT GROUP LC

What does the Chief Executive Officer of IOWA AREA DEVELOPMENT GROUP LC earn?

In 2024, the Chief Executive Officer of IOWA AREA DEVELOPMENT GROUP LC received $358,451 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at IOWA AREA DEVELOPMENT GROUP LC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at IOWA AREA DEVELOPMENT GROUP LC falls in the top 10%.

What are IOWA AREA DEVELOPMENT GROUP LC's revenue and expenses?

In 2024, IOWA AREA DEVELOPMENT GROUP LC reported $1.8M in total revenue and $1.8M in total expenses on its IRS Form 990.

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