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Filing year 2024

VISIT MASON CITY INC

Mason City, Iowa·EIN 45-2436698·NTEE S40 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$301k
Total assets
$329k
Total expenses
$470k
Reported officers
11
Mission

ENHANCE THE ECONOMY OF MASON CITY AND PROMOTE THE NORTH IOWA AREA AS A DESTINATION FOR OVERNIGHT VISITORS.

Reported officers (all unpaid)

No paid executives reported in 2024. VISIT MASON CITY INC reported 11 unpaid officers and board members on its 990.

Director
President
Director
Vice Pres- T
Director
Director
Secretary
Director
Director
Director
Director
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at VISIT MASON CITY INC equaled 16% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
16%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 24%
from 2022

From $108k in 2022 to $82k in 2023.

$108k
2022
$82k
2023
In today's dollarsEst.
Down 27% in real terms$124k to $90k

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 fell 24% from 2022 to 2023, while revenue rose 2%.

$108k in 2022 to $82k in 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

VISIT MASON CITY INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$537k
$483k
2022
$548k
$513k
2023
$301k
$470k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Iowa

VISIT MASON CITY INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in Iowa earns a median of $62,802.

25th percentile
$28k
Median
$62,802
75th percentile
$98k
90th percentile
$175k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 130 organizations across 130 filings (2021 – 2024).

See full Community Improvement & Capacity Building pay data for Iowa

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FAQ

Common questions about VISIT MASON CITY INC

What are VISIT MASON CITY INC's revenue and expenses?

In 2024, VISIT MASON CITY INC reported $301k in total revenue and $470k in total expenses on its IRS Form 990.

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