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Filing year 2024

SIGOURNEY AREA DEVELOPMENT CORP

Sigourney, Iowa·EIN 42-1084764·6
Total revenue
$55k
Total assets
$748k
Total expenses
$59k
Reported officers
12
Mission

PROMOTE COMUNITY WELFARE & INDUSTRIAL DEVELOPMENT. WE SEEK TO HAVE A ROBUST COMMUNITY BY PROMOTING EMPLOYMENT WHICH DRIVES ECONOMIC GROWTH IN THE AREA. ULTIMATELY THIS ASSISTS IN PROVIDING FOR A HIGH QUALITY OF LIFE BOTH LOCALLY AND THROUGHOUT KEOKUK COUNTY. TO STRIVE FOR THIS WE SERVE A LEAD ROLE IN INDUSTRIAL, TOURISM, AND COMMUNITY DEVELOPMENT ACTIVITIES.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Exec Astnt/t
officer (unspecified)
$17k
$18k

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.

Up 11%
from 2023

From $15k in 2023 to $17k in 2024.

$15k
2023
$17k
2024
In today's dollarsEst.
Up 8% in real terms$17k to $18k

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

SIGOURNEY AREA DEVELOPMENT CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$76k
$53k
2023
$55k
$59k
2024
Total revenue and total expenses from IRS Form 990 filings.
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