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Filing year 2024

IOWA FOUNDATION FOR MICROENTERPRISE AND COMMUNITY VITALITY

Boone, Iowa·EIN 26-2238918·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$89k
Total assets
$1.6M
Total expenses
$236k
Reported officers
13
Mission

TO PROVIDE FUNDING FOR MICROBUSINESSES THAT ARE CONSIDERED ON THE FRINGE OF RISK-BEARING CAPACITY FOR MOST TRADITIONAL FINANCIAL INSTITUTIONS.

Reported officers (all unpaid)

No paid executives reported in 2024. IOWA FOUNDATION FOR MICROENTERPRISE AND COMMUNITY VITALITY reported 13 unpaid officers and board members on its 990.

Board Chair
Vice Chair
Secretary
Director
Director
Director
Director
Director
Director
Director
Director
Director
President
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at IOWA FOUNDATION FOR MICROENTERPRISE AND COMMUNITY VITALITY equaled 26% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
26%
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.

Financial trend

Revenue and expenses over time

IOWA FOUNDATION FOR MICROENTERPRISE AND COMMUNITY VITALITY reported revenue and expenses across 2 filing years.

RevenueExpenses
$391k
$355k
2023
$89k
$236k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Iowa

IOWA FOUNDATION FOR MICROENTERPRISE AND COMMUNITY VITALITY reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in Iowa earns a median of $62,802.

25th percentile
$28k
Median
$62,802
75th percentile
$98k
90th percentile
$175k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 130 organizations across 130 filings (2021 – 2024).

See full Community Improvement & Capacity Building pay data for Iowa

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FAQ

Common questions about IOWA FOUNDATION FOR MICROENTERPRISE AND COMMUNITY VITALITY

What are IOWA FOUNDATION FOR MICROENTERPRISE AND COMMUNITY VITALITY's revenue and expenses?

In 2024, IOWA FOUNDATION FOR MICROENTERPRISE AND COMMUNITY VITALITY reported $89k in total revenue and $236k in total expenses on its IRS Form 990.

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