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Organizations Iowa City Area Development Group Inc.

Iowa City Area Development Group Inc.

Fiscal year ending 2020. Filed on April 21, 2021.

136 S Dubuque St
Iowa City, Iowa 52240

Iowa City Area Development Group Inc. (EIN: 42-1234837) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2020 IRS Form 990 filing, Iowa City Area Development Group Inc., a 501(c)(6) business league, reported compensation for 2 out of 12 total employees. Among the employees shown here, the average compensation is $149,718. The highest compensated employee at Iowa City Area Development Group Inc. is Mark Nolte Non-Voting with fiscal year 2020 compensation of $178,716.

Revenue, expenses, and employee compensation

Revenue

$1,159,356

Expenses

$1,067,339

Employee compensation

$610,373
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mark Nolte Non-Voting
Executive Director-Until 01/24/2020
$178,716
$144,716 No related comp$34,000
Kathryn Moreland Non-Voting
Executive Director-As of 01/24/2020
$120,719
$86,859 No related comp$33,860

Benchmark Employee Compensation

Non-Employee Board Members

Cami Jo Rasmussen
Director
Chris Klitgaard
Director
Geoff Fruin
Director
Hass MacHlab
Director
Janelle Rettig
Director
Jim Conard
Director
John Thomas
Director
John Warren
Director
Jon Darsee
Director
Kathryn Kunert
Director
Kelly Hayworth
Director
Kim Becicka
Vice President

Mission Statement

THE ORGANIZATION PROMOTES, DEVELOPS AND ADVANCES THE BUSINESS COMMUNITY IN IOWA CITY AND THE SURROUNDING AREA. IN ADDITION, THE ORGANIZATION CONNECTS BUSINESS AND INDUSTRY WITH FEDERAL, STATE AND LOCAL RESOURCES TO ENABLE AND STIMULATE AREA ECONOMIC GROWTH THROUGH BUSINESS.

Revisions to this organization profile

November 11, 2025:
2025 Iowa City Area Development Group Inc. 990 filed
November 12, 2024:
2024 Iowa City Area Development Group Inc. 990 filed
April 2, 2024:
2023 Iowa City Area Development Group Inc. 990 filed

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