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Filing year 2024

IOWA LAKES CORRIDOR DEVELOPMENT COR

Spencer, Iowa·EIN 42-1484176·NTEE S41 · Community Improvement & Capacity Building·501(c)(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 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Iowa.

Executive Di
75th to 90th percentile
$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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at IOWA LAKES CORRIDOR DEVELOPMENT COR equaled 24% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
24%
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.

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.

Pay for the position

Chief Executive Officer pay rose 174% from 2023 to 2024, while revenue rose 50%.

$57k in 2023 to $155k 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about IOWA LAKES CORRIDOR DEVELOPMENT COR

What does the Chief Executive Officer of IOWA LAKES CORRIDOR DEVELOPMENT COR earn?

In 2024, the Chief Executive Officer of IOWA LAKES CORRIDOR DEVELOPMENT COR received $155,000 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Iowa, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at IOWA LAKES CORRIDOR DEVELOPMENT COR compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Iowa, the 2024 pay of the Chief Executive Officer at IOWA LAKES CORRIDOR DEVELOPMENT COR falls between the 75th and 90th percentiles. In 2024, the highest total compensation at IOWA LAKES CORRIDOR DEVELOPMENT COR equaled 24% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are IOWA LAKES CORRIDOR DEVELOPMENT COR's revenue and expenses?

In 2024, IOWA LAKES CORRIDOR DEVELOPMENT COR reported $638k in total revenue and $658k in total expenses on its IRS Form 990.

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