NonprofitsMarion Economic Development Corp

Marion Economic Development Corp

MARION, IA

Total revenue

$471K

Total expenses

$555K

Net assets

$10.5M

Grants received

$49K

6 grants

EIN

421318828

Tax year

2024

Mission

To strengthen and enhance economic development in marion

Programs

3 programs

Facilitate relationships between existing businesses and the city of marion

Expenses: $187K

Community and educational outreach through purchase, renovation and sale of homes.

Expenses: $5K

Transition bare farmland into shovel ready commercial property to facilitate economic growth in marion

Financials

FY 2024

Revenue

Contributions & grants$433K
Program service revenue$21K
Investment income$8K
Other revenue$9K
Total revenue$471K

Expenses

Grants paid
Salaries & benefits$350K
Fundraising
Other expenses$205K
Total expenses$555K
Total assets$12.4M
Net assets$10.5M

People

20 listed

NameRoleCompensation

EMILY KAISER

INCOMING BOARD CHAIR

Board

3 hrs/wk

KEVIN HUPP

DIRECTOR

Board

2 hrs/wk

ERIC SCHMITT

BOARD CHAIR

Board

3 hrs/wk

BRIAN GIBBS

DIRECTOR

Board

2 hrs/wk

JANELLE BROUWER

DIRECTOR

Board

2 hrs/wk

MARY RATHJE

DIRECTOR

Board

2 hrs/wk

BRIAN ROSTECK

DIRECTOR

Board

2 hrs/wk

NICOLE CAVANAH

DIRECTOR

Board

2 hrs/wk

ISAIAH BOREL

DIRECTOR

Board

2 hrs/wk

TOM BROWN

DIRECTOR

Board

2 hrs/wk

NICK ABOUASSALY

DIRECTOR

Board

2 hrs/wk

JILL ACKERMAN

DIRECTOR

Board

2 hrs/wk

AMY KORTMEYER

DIRECTOR

Board

2 hrs/wk

GREG SMITH

DIRECTOR

Board

2 hrs/wk

TYLER MCCARVILLE

DIRECTOR

Board

2 hrs/wk

CHAD PELLEY

DIRECTOR

Board

2 hrs/wk

KYLE MARTIN

DIRECTOR

Board

2 hrs/wk

RYAN WALLER

DIRECTOR

Board

2 hrs/wk

STEVE NEIGHBOR

OUTGOING BOARD CHAIR

Board

3 hrs/wk

MARK SECKMAN

PRESIDENT

Board

45 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$6K
GENERAL SUPPORT
2024
$6K
GENERAL SUPPORT
2023
$15K
DOWN PAYMENT ASSITAN
2022
$6K
GENERAL SUPPORT
2022
$10K
DOWN PMT ASSISTANCE
2021
$6K
GENERAL SUPPORT
2020

Funded by

$49K from 2 funders · 6 grants · 2020–2024

Housing Fund For Linn County

$25K · 2 grants · 2021–2022

Collins Community Credit Union

$24K · 4 grants · 2020–2024

Details

EIN421318828
Subsection06
Ruling date1969-06
Formed1985
Employees4
MARION ECONOMIC DEVELOPMENT CORP — Mission, Financials & Grants Received | Grantivo