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 2025.
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
Frequently Asked Questions
What is Altoona Economic Development Corporation?
Altoona Economic Development Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in ALTOONA, IA. It holds $23.5M in total assets as of 2025.
How large is Altoona Economic Development Corporation?
As of 2025, Altoona Economic Development Corporation holds $23.5M in total assets with $-769,790 in annual revenue.
Where does Altoona Economic Development Corporation operate?
Altoona Economic Development Corporation has awarded grants in Iowa.
What is Altoona Economic Development Corporation's EIN?
Altoona Economic Development Corporation's EIN (Employer Identification Number) is 26-1460205. IRS Form 990 filing data is available on this page for 2020–2025.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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