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Filing year 2024

LESTER DEVELOPMENT CORPORATION

Lester, Iowa·EIN 88-2056384·NTEE S30 · Community Improvement & Capacity Building·6
Total revenue
$409k
Total assets
$566k
Total expenses
$210k
Reported officers
7
Mission

The Lester Development Corporation seeks to be a driver in the future growth and development of the village of Lester by partnering with localgovernment, development foundations, businesses, and residents. The corporation aims to provide available housing for individuals andfamilies interested in moving to Lester as well as opportunities for businesses that are either moving to town or looking to expand on theircurrent operation. The corporation will be active in purchasing and developing residential and commercial properties as they come available toallow for continued growth throughout the city. By forming this corporation, we will also take a burden off the local government by handling theplanning and execution for expansion.

Reported officers (all unpaid)

No paid executives reported in 2024. LESTER DEVELOPMENT CORPORATION reported 7 unpaid officers and board members on its 990.

President
Vice President
Treasurer
Secretary
Director
Director
Director
Financial trend

Revenue and expenses over time

LESTER DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$543k
$207k
2023
$409k
$210k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn

LESTER DEVELOPMENT CORPORATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization nationwide earns 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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LESTER DEVELOPMENT CORPORATION | Lester, IA | Pay | Lucido