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Filing year 2024

IOWA LAKES CORRIDOR DEVELOPMENT COR

Spencer, Iowa·EIN 42-1484176·NTEE S41 · Community Improvement & Capacity Building·6
Total revenue
$638k
Total assets
$3.1M
Total expenses
$658k
Reported officers
17
Mission

TO FOSTER, ENCOURAGE, AID OR OTHERWISE ASSIST IN THE ECONOMIC GROWTH AND DEVELOPMENT OF THE FOUR-COUNTY REGION OF BUENA VISTA, CLAY, DICKINSON AND EMMET COUNTIES IN IOWA.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

$155k
$167k
Base
$155k
Bonus
Other
Benefits

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 16 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Up 174%
from 2023

From $57k in 2023 to $155k in 2024.

$57k
2023
$155k
2024
In today's dollarsEst.
Up 167% in real terms$62k to $167k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

IOWA LAKES CORRIDOR DEVELOPMENT COR reported revenue and expenses across 2 filing years.

RevenueExpenses
$426k
$546k
2023
$638k
$658k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn

Comparable community improvement & capacity building organizations nationwide pay their highest-earning executive a median of $74,928.

25th percentile
$33k
Median
$74,928
75th percentile
$138k
90th percentile
$234k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 2,512 organizations across 2,512 filings (2021 – 2023).

See full Community Improvement & Capacity Building compensation data
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