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Filing year 2024

PROSPECT MEADOWS INC

Marion, Iowa·EIN 45-1186453·NTEE N32 · Recreation & Sports·501(c)(3)
Total revenue
$1.8M
Total assets
$11.4M
Total expenses
$2.6M
Reported officers
14
Mission

TO PROVIDE ATTRACTIVE, LOCAL AND PROFRESSIONAL OUTDOOR BASEBALL AND SOFTBALL FACILITIES AND PROGRAMS THORUGH 9 FIELDS ON ONE CAMPUS. THESE FACILITIESS AND PROGRAMS WILL BE OF SIGNIFICANT BENEFIT TO LOCAL AND YOUTH AND THE LOCAL ECONOMY IN ITS NATIONWIDE TOURISM APPEAL. LOCAL PROGRAMS AND NATIONAL TOURNAMENTS WILL BOTH ALLOW YOUNG PEOPLE THE OPPORTUNITY TO DEVELOP THEIR ATHLETIC AND SOCIAL SKILLS IN A FAN FRIENDLY ENVIRONMENT AT PROSPECT MEADOWS.

Executive compensation

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 Recreation & Sports organizations nationwide.

President
Median to 75th percentile
$80k
$86k

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 13 unpaid individuals.

Browse compensation in Recreation & Sports

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at PROSPECT MEADOWS INC equaled 3% of the organization's total expenses. The median for recreation & sports organizations is 8%.

This organization (2024)
3%
Sector median
8%
Middle half of sector
4% to 16%

Based on 7,435 recreation & sports organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Held steady
from 2023

From $80k in 2023 to $80k in 2024.

$80k
2023
$80k
2024
In today's dollarsEst.
Down 3% in real terms$88k to $86k

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 held roughly steady from 2023 to 2024, while revenue fell 13%.

$80k in 2023 to $80k 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 PROSPECT MEADOWS INC

What does the Chief Executive Officer of PROSPECT MEADOWS INC earn?

In 2024, the Chief Executive Officer of PROSPECT MEADOWS INC received $79,500 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Recreation & Sports organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at PROSPECT MEADOWS INC compare with similar nonprofits?

Compared with the same role at Recreation & Sports organizations nationwide, the 2024 pay of the Chief Executive Officer at PROSPECT MEADOWS INC falls between the median and the 75th percentile. In 2024, the highest total compensation at PROSPECT MEADOWS INC equaled 3% of the organization's total expenses. The median for recreation & sports organizations is 8%.

What are PROSPECT MEADOWS INC's revenue and expenses?

In 2024, PROSPECT MEADOWS INC reported $1.8M in total revenue and $2.6M in total expenses on its IRS Form 990.

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