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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: 2021
Annual Revenue
$291K
Total Expenses
$315K
Total Assets
$2.7M
Program Spending
0%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$71K
22.5% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$87K
Total Payroll
$158K
50% of total expenses
Where the Money Goes
0%
Programs: 0%
Payroll: 50%
Other overhead: 100%
0
Total Expenses$315K (100%)
Payroll$158K (50%)
Overhead (non-program)100%
Trust Score Breakdown
Program Spending Ratio
0% of expenses go to programs
Revenue & Stability
$291K annual revenue
Executive Compensation
$71K total officer comp (22.5% of expenses)
Filing Recency
Most recent filing: 2021
Asset Strength
$2.7M in assets
Data from IRS Form 990 filing (2021). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.