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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 Iowa Area Development Group Lc

Iowa Area Development Group Lc

Fiscal year ending 2024. Filed on July 18, 2025.

2600 Grand Avenue 430
Des Moines, Iowa 50312

Iowa Area Development Group Lc (EIN: 42-1432150) has filed an IRS Form 990 since fiscal year 2021. In its fiscal year 2024 IRS Form 990 filing, Iowa Area Development Group Lc, a 501(c)(6) business league, reported compensation for 6 out of 7 total employees. Among the employees shown here, the average compensation is $206,854. The highest compensated employee at Iowa Area Development Group Lc is Bruce Nuzum with fiscal year 2024 compensation of $358,451.

Revenue, expenses, and employee compensation

Revenue

$1,785,569

Expenses

$1,814,022

Employee compensation

$1,259,778
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Bruce Nuzum
Chief Executive Officer
$358,451
$262,913 No related comp$95,538
Bruce Hansen
VICE President-Bus. Develo
$217,389
$147,545 No related comp$69,844
Ethan Griffin Pitt
VICE President-Community I
$175,166
$116,701 No related comp$58,465
Brian Tapp
VICE President-Added Agric
$173,221
$125,900 No related comp$47,321
Steve Benne
VICE President-Dev. Finance
$169,747
$111,417 No related comp$58,330
Suzanne Wilhite
SR Manager, Accounting and Human Resources
$147,152
$100,110 No related comp$47,042

Benchmark Employee Compensation

Non-Employee Board Members

David Onken
Board Member
Douglas Aeilts
Board Chair
Jacob Olberding
Board Vice Chair
Matt Washburn
Board Treasurer and Board Secretary
Norm Major
Board Member
Ron Steinhoff
Board Member

Mission Statement

IT IS THE MISSION OF IOWA AREA DEVELOPMENT GROUP TO ADVANCE BUSINESS AND COMMUNITY DEVELOPMENT PROJECTS AND STRATEGIES IN RURAL IOWA ON BEHALF OF OUR UTILITY MEMBERS, ECONOMIC DEVELOPMENT PARTNERS AND THE COMMUNITIES WE SERVE.

Revisions to this organization profile

July 18, 2025:
2024 Iowa Area Development Group Lc 990 filed
July 15, 2024:
2023 Iowa Area Development Group Lc 990 filed
July 20, 2023:
2022 Iowa Area Development Group Lc 990 filed

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