NonprofitsIowa Center For Economic Success

Community Improvement & Capacity Building

Iowa Center For Economic Success

DES MOINES, IA

Total revenue

$1.4M

Total expenses

$1.4M

Net assets

$801K

Grants received

$1.0M

34 grants

EIN

201037604

Tax year

2024

Mission

Empower iowans with the potential to succeed as they pursue financial success.

Programs

2 programs

Business coaching. The iowa center provides skill-based coaching resources in both the classroom and the 1:1 setting to build knowledge, skills and confidence in small business fundamentals. The iowa center is also home to the iowa center women's business center (wbc) which is part of the us small business administration's national network of entrepreneurship centers throughout the united states.

Expenses: $366K

Credit + lending. The iowa center supports entrepreneurs with business coaching and technical assistance for borrowers pursuing traditional lending options, as well as access to alternative flexible lending options. Certified by the sba as a microlender, and home to the iowa center loan fund (iclf), community development financial institution (cdfi), the iowa center provides loans with flexible underwriting guidelines and technical assistance at every step of the loan process.

Expenses: $234KGrants: $24K

Financials

FY 2024

Revenue

Contributions & grants$1.3M
Program service revenue$88K
Investment income$3K
Other revenue
Total revenue$1.4M

Expenses

Grants paid$24K
Salaries & benefits$879K
Fundraising$127K
Other expenses$455K
Total expenses$1.4M
Total assets$1.7M
Net assets$801K

People

16 listed

NameRoleCompensation

MILLIGAN MEGAN

PRESIDENT AND CEO

Board

$138K

36 hrs/wk

WISKUS DONNELL

VP OF FINANCE

Board

$102K

25 hrs/wk

VENALES JOSE

DIRECTOR OF CREDIT

Board

$102K

25 hrs/wk

RHONE JODI

SECRETARY

Board

3 hrs/wk

BUNNEY MARI

DIRECTOR

Board

1 hrs/wk

CHORNIAK KEVIN

DIRECTOR

Board

1 hrs/wk

EVERETT DAVID

DIRECTOR

Board

1 hrs/wk

GU JINGKAN

DIRECTOR

Board

1 hrs/wk

CODEL FRANKLIN

CHAIR

Board

3 hrs/wk

SHAH TAUFEEK

DIRECTOR

Board

1 hrs/wk

WING CLARISSA

DIRECTOR

Board

1 hrs/wk

WONG CHINA

DIRECTOR

Board

1 hrs/wk

WRIGHT BILL

DIRECTOR

Board

1 hrs/wk

ROLOW ANN

DIRECTOR

Board

1 hrs/wk

MLIVIC NERMA

VICE CHAIR

Board

3 hrs/wk

PHILLIPS MARK

TREASURER

Board

3 hrs/wk

Grants received

Showing 34 of 34

FromAmountPurposeYear
$8K
GRANT TO SUPPORT AARP FOUNDATION'S ECONOMIC MOBILITY PROGRAM
2024
$5K
NEEDS BASED
2024
$3K
General Operating Support
2024
$147K
SUPPORT FOR THE STATEWIDE EXPANSION OF THE IOWA CENTER FOR ECONOMIC SUCCESS TO PROVIDE ENTREPRENEURSHIP EDUCATION PROGRAMMING TO ENTREPRENEURS OF ALL BACKGROUNDS IN IOWA. 202105-10641
2023
$66K
THE IOWA CENTER GENERAL ACTIVITIES
2023
$19K
Refugee Programs
2023
$15K
TO SUPPORT THE MISSION
2023
$10K
Grant to support AARP Foundation's Work for Yourself 50+ workshops
2023
$10K
GENERAL OPERATING SUPPORT
2023
$100K
GRANT DISTRIBUTION
2022
$44K
Refugee Programs
2022
$30K
IN THE TRENCHES, YOUTH MENTORING
2022
$15K
FINANCIAL HEALTH AND INCLUSION
2022
$15K
Iowa Center Loan Fund
2022
$10K
Grant to support AARP Foundation's Work for Yourself 50+ program
2022
$10K
For general support or for a capital fund drive of the respective organization
2022
$7K
GRANT DISTRIBUTION FOR ENTREPRENEURSHIP PROGRAMMING
2022
$3K
GENERAL OPERATING SUPPORT
2022
$38K
Refugee Programs
2021
$10K
For general support or for a capital fund drive of the respective organization
2021
$150K
GRANT DISTRIBUTION FOR THE GREATER DES MOINES PARTNERSHIP SMALL BUSINESS GRANT PROGRAM
2020
$75K
For general support or for a capital fund drive of the respective organization
2020
$50K
SMALL BUSINESS GRANT
2020
$30K
GRANT DISTRIBUTION
2020
$10K
SMALL BUSINESS GRANT PROGRAM
2020
$5K
GRANT DISTRIBUTION
2020
$5K
GRANT DISTRIBUTION FOR THE SMALL BUSINESS GRANT PROGRAM
2020
$4K
TO SUPPORT THE WORK OF THE IOWA CENTER FOR ECONOMIC SUCCESS
2020
$2K
GRANT DISTRIBUTION
2020
$2K
GRANT DISTRIBUTION
2020
$1K
GRANT - 2020 CONTRIBUTION FOR GENERAL OPERATING PURPOSES
2020
$1K
GENERAL OPERATING
2020

Funded by

$1.0M from 16 funders · 34 grants · 2020–2024

Community Fdn Of Greater Des Moines

$306K · 10 grants · 2020–2022

Ewing Marion Kauffman Foundation

$147K · 1 grant · 2023

International Rescue Committee Inc

$100K · 3 grants · 2021–2023

United Way Of Central Iowa

$96K · 2 grants · 2022–2023

EMC Insurance Foundation

$95K · 3 grants · 2020–2022

Delta Dental Of Iowa

$50K · 1 grant · 2020

Greenstate Foundation

$30K · 2 grants · 2022–2023

Details

EIN201037604
NTEE codeS30
Subsection03
Ruling date2009-12
Formed2004
Employees18
Volunteers163
IOWA CENTER FOR ECONOMIC SUCCESS — Mission, Financials & Grants Received | Grantivo