NonprofitsIowa Development Corporation

Community Improvement & Capacity Building

Iowa Development Corporation

JOHNSTON, IA

Total revenue

$875K

Total expenses

$848K

Net assets

$1.9M

Grants received

EIN

262000451

Tax year

2024

Mission

To serve as a managing member of a community development entity organized to provide investment capital to low-income communities or low-income persons within the state of iowa pursuant to the community renewal tax relief act of 2000.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income
Other revenue$875K
Total revenue$875K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$848K
Total expenses$848K
Total assets$1.9M
Net assets$1.9M

People

8 listed

NameRoleCompensation

DENNIS MURDOCK

President

Board

1 hrs/wk

JOHN LINCH

Director

Board

1 hrs/wk

JOHN SORENSEN

Treasurer

Board

1 hrs/wk

BRUCE TAMISIEA

Vice President

Board

1 hrs/wk

DANIEL T ROBESON

Executive Dir.

Board

1 hrs/wk

RAND FISHER

Secretary

Board

1 hrs/wk

JOHN RIGLER III

Director

Board

1 hrs/wk

ADAM GREGG

Director

Board

1 hrs/wk

Details

EIN262000451
NTEE codeS20
Subsection04
Ruling date2009-02
Formed2003
Employees0
Volunteers16
IOWA DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo