Altoona Economic Development Corporation
PROMOTE ECONOMIC DEVELOPMENT/CHARITABLE/EDUCATIONAL PURPOSES.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$23.5M
-3.6% YoY
Revenue
$-769,790
-22.1% YoY
Net Investment Income
$269
-52.7% YoY
Expenses
$116K
-39.3% YoY
About Altoona Economic Development Corporation
Based on IRS filings
Altoona Economic Development Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in ALTOONA, IA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $23.5M in total assets. Net investment income was $269.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $23,485,067 | $24,370,720 | $25,424,039 |
| Revenue | $-769,790 | $-987,926 | $-642,447 |
| Expenses | $115,690 | $190,514 | $219,516 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $269 | $569 | $643 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DEAN O'CONNOR | PRESIDENT/VP | 1 | — |
| MARY SIMON | SECRETARY/TREAS | 1 | — |
| TIMOTHY FORBES | DIRECTOR | 1 | — |
| WARD SCHNIEDER | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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