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Filing year 2023

SOUTHERN IOWA ECONOMIC DEVELOPMENT ASSOCIATION

Ottumwa, Iowa·EIN 42-0923813·3
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 · Schedule J · 3 reported individuals · Filing year 2023

Executive Director
$119k
$132k
Deputy Director
director (operational)
$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.

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.

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.
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