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Filing year 2024

WILLIAM L AND ETHEL GUND MEMORIAL FUND % CHEROKEE STATE BANK

Cherokee, Iowa·EIN 42-6068287·3
Total revenue
$180k
Total assets
$1.4M
Total expenses
$0
Reported officers
1

Executive compensation

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

Trustee Dept
board member
$49k
$52k

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.

Up 19%
from 2023

From $41k in 2023 to $49k in 2024.

$41k
2023
$49k
2024
In today's dollarsEst.
Up 16% in real terms$45k to $52k

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

WILLIAM L AND ETHEL GUND MEMORIAL FUND % CHEROKEE STATE BANK reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.1M
2023
$180k
2024
Total revenue and total expenses from IRS Form 990 filings.
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