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Filing year 2023

Oelwein Chamber and Area Development Inc

Oelwein, Iowa·EIN 42-1295227·6
Total revenue
$302k
Total assets
$770k
Total expenses
$307k
Reported officers
16
Mission

THE ORGANIZATION IS A COMBINED CHAMBER OF COMMERCE AND ECONOMIC DEVELOPMENT GROUP THAT PROMOTES RETAIL, MANUFACTURING, AND SERVICE BUSINESSES IN THE CITY OF OELWEIN. THE ORGANIZATION RECRUITS NEW BUSINESSES TO THE AREA AND HELPS EXISTING BUSINESSES AND INDUSTRIES TO EXPAND. WE SERVE OVER 20,000 RESIDENTS IN FAYETTE AND BUCHANAN COUNTY.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Executive Dir.
officer (unspecified)
$63k
$70k

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 15 unpaid individuals.

Up 6%
from 2022

From $60k in 2022 to $63k in 2023.

$60k
2022
$63k
2023
In today's dollarsEst.
Up 2% in real terms$68k to $70k

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

Oelwein Chamber and Area Development Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$285k
$250k
2022
$302k
$307k
2023
Total revenue and total expenses from IRS Form 990 filings.
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