53
Iowa Lakes Corridor Development Corporation
Community Development · Spencer, Iowa
520 2Nd Ave E Ste 2, Spencer, IA 51301-5033
EIN: 421484176· Founded: Sep 1999· 27 years active· Filing Year: 2023
Annual Revenue
$426K
Total Expenses
$546K
Total Assets
$1.4M
Program Spending
0%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$57K
10.4% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$208K
Total Payroll
$264K
48% of total expenses
Where the Money Goes
0%
Programs: 0%
Payroll: 48%
Other overhead: 100%
0
Total Expenses$546K (100%)
Payroll$264K (48%)
Overhead (non-program)100%
Trust Score Breakdown
Program Spending Ratio
0% of expenses go to programs
Revenue & Stability
$426K annual revenue
Executive Compensation
$57K total officer comp (10.4% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$1.4M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.