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Filing year 2023

NORTH IOWA CORRIDOR ECONOMIC DEVELOPMENT CORPORATION

Mason City, Iowa·EIN 75-3190471·NTEE S20 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$937k
Total assets
$2.4M
Total expenses
$889k
Reported officers
12
Mission

SUPPORT BUSINESS AND INDUSTRY WITH RETENTION AND EXPANSION PROJECTS AND ATTRACT NEW BUSINESS AND INDUSTRY TO CERRO GORDO COUNTY, MASON CITY AND CLEAR LAKE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

President
75th to 90th percentile
$193k
$213k
Base
$166k
Bonus
Other
Benefits
$27k

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 11 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at NORTH IOWA CORRIDOR ECONOMIC DEVELOPMENT CORPORATION equaled 22% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
22%
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 5%
from 2022

From $183k in 2022 to $193k in 2023.

$183k
2022
$193k
2023
In today's dollarsEst.
Up 1% in real terms$210k to $213k

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 5% from 2022 to 2023, while revenue rose 85%.

$183k in 2022 to $193k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 NORTH IOWA CORRIDOR ECONOMIC DEVELOPMENT CORPORATION

What does the Chief Executive Officer of NORTH IOWA CORRIDOR ECONOMIC DEVELOPMENT CORPORATION earn?

In 2023, the Chief Executive Officer of NORTH IOWA CORRIDOR ECONOMIC DEVELOPMENT CORPORATION received $192,781 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 NORTH IOWA CORRIDOR ECONOMIC DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Iowa, the 2023 pay of the Chief Executive Officer at NORTH IOWA CORRIDOR ECONOMIC DEVELOPMENT CORPORATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at NORTH IOWA CORRIDOR ECONOMIC DEVELOPMENT CORPORATION equaled 22% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are NORTH IOWA CORRIDOR ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, NORTH IOWA CORRIDOR ECONOMIC DEVELOPMENT CORPORATION reported $937k in total revenue and $889k in total expenses on its IRS Form 990.

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