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Filing year 2023

SOUTHERN IOWA ECONOMIC DEVELOPMENT ASSOCIATION

Ottumwa, Iowa·EIN 42-0923813·501(c)(3)
Total revenue
$12.7M
Total assets
$5.4M
Total expenses
$12.5M
Reported officers
19
Mission

TO ADDRESS THE CAUSES AND CONDITIONS OF POVERTY THROUGH COMMUNITY ENGAGEMENT, ECONOMIC SUPPORT, EDUCATION AND COGNITIVE DEVELOPMENT, FAMILY SUPPORT, HEALTH AND WELFARE, HOUSING STABILIZATION, ANY OTHER ACTIVITIES WHICH SECURE OPPORTUNITIES FOR AND BENEFIT PEOPLE WITH LOW-INCOME AND AND INSUFFICIENT RESOURCES.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
Median to 75th percentile
$119k
$132k
Deputy Director
Director (Operational)
Median to 75th percentile
$102k
$112k
Fiscal Officer
Officer (Unspecified)
$96k
$106k

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 16 unpaid individuals.

Funded by

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

Up 3%
from 2022

From $115k in 2022 to $119k in 2023.

$115k
2022
$119k
2023
In today's dollarsEst.
Roughly flat in real terms$132k to $132k

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 3% from 2022 to 2023, while revenue fell 17%.

$115k in 2022 to $119k in 2023.
  • Director (Operational) pay fell 5% from 2022 to 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.
Financial trend

Revenue and expenses over time

SOUTHERN IOWA ECONOMIC DEVELOPMENT ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$15.4M
$15.2M
2022
$12.7M
$12.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SOUTHERN IOWA ECONOMIC DEVELOPMENT ASSOCIATION

What does the Chief Executive Officer of SOUTHERN IOWA ECONOMIC DEVELOPMENT ASSOCIATION earn?

In 2023, the Chief Executive Officer of SOUTHERN IOWA ECONOMIC DEVELOPMENT ASSOCIATION received $119,290 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SOUTHERN IOWA ECONOMIC DEVELOPMENT ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at SOUTHERN IOWA ECONOMIC DEVELOPMENT ASSOCIATION falls between the median and the 75th percentile.

What are SOUTHERN IOWA ECONOMIC DEVELOPMENT ASSOCIATION's revenue and expenses?

In 2023, SOUTHERN IOWA ECONOMIC DEVELOPMENT ASSOCIATION reported $12.7M in total revenue and $12.5M in total expenses on its IRS Form 990.

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