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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Delaware Advancement Corporation

Delaware Advancement Corporation

Fiscal year ending 2024. Filed on August 15, 2025.

401 S High Street
Muncie, Indiana 47305

Delaware Advancement Corporation (EIN: 31-1111841) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Delaware Advancement Corporation, a 501(c)(3) charitable organization, reported compensation for 2 out of 57 total employees. Among the employees shown here, the average compensation is $155,624. The highest compensated employee at Delaware Advancement Corporation is Joann McKinney with fiscal year 2024 compensation of $158,362.

Revenue, expenses, and employee compensation

Revenue

$4,359,701

Expenses

$3,992,560

Employee compensation

$1,986,563
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Joann McKinney
Pres/Ceo-Hor
$158,362
$149,547 No related comp$8,815
Elizabeth Rowray
President and Chief Executive Officer
$152,885
$144,231 No related comp$8,654

Benchmark Employee Compensation

Non-Employee Board Members

Andrew Popp
Director
Bryan Ayers
Director
Dan Ridenour
Director
Jeff Howe
Director
Jeff Huff
Director
Jeff Parsons
Secretary
Jennifer Gasiorek
Director
Jennifer Gibson
Vice Chair
Jessica Piper
Director
Joe Barr
Treasurer
Joe Hamilton
Director
Mike O'Connell
Director

Mission Statement

TO AGGRESSIVELY PROMOTE INVESTMENT IN MUNCIE-DELAWARE COUNTY WHICH WILL RESULT IN THE CREATION AND RETENTION OF QUALITY JOB OPPORTUNITIES AND ENHANCE THE QUALITY OF LIFE IN OUR COMMUNITY.

Revisions to this organization profile

August 15, 2025:
2024 Delaware Advancement Corporation 990 filed
August 15, 2024:
2023 Delaware Advancement Corporation 990 filed
August 15, 2023:
2022 Delaware Advancement Corporation 990 filed

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