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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: 2022
Annual Revenue
$509K
Total Expenses
$724K
Total Assets
$1.6M
Program Spending
0%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$88K
12.1% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$227K
Total Payroll
$314K
43% of total expenses
Where the Money Goes
0%
Programs: 0%
Payroll: 43%
Other overhead: 100%
0
Total Expenses$724K (100%)
Payroll$314K (43%)
Overhead (non-program)100%
Trust Score Breakdown
Program Spending Ratio
0% of expenses go to programs
Revenue & Stability
$509K annual revenue
Executive Compensation
$88K total officer comp (12.1% of expenses)
Filing Recency
Most recent filing: 2022
Asset Strength
$1.6M in assets
Data from IRS Form 990 filing (2022). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.