Black Hawk Economic Development Inc

WATERLOO, IA EIN: 42-1114803 Website

Economically disadvantaged people Low-income people Community and economic development Economic development Human services

TO ACTIVELY ENGAGE IN SUSTAINABLE ECONOMIC AND COMMUNITY DEVELOPMENT ACTIVITIES FOR THE BENEFIT OF ALL CONSTITUENTS THROUGH VARIOUS FINANCIAL AND OTHER ASSISTANCE PROGRAMS PRINCIPALLY TARGETED TO LOW-INCOME COMMUNITIES AND LOW-INCOME PERSONS, AND AT LEAST 60% OF ACTIVITIES TARGETED TO LOW-INCOME COMMUNITIES OR FOR LOW-INCOME PERSONS

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$19.6M

+4.6% YoY

Annual Giving

$20K

Grant Count

Avg Grant Size

$20K

About Black Hawk Economic Development Inc

Based on IRS filings

Black Hawk Economic Development Inc is a nonprofit organization focused on Economically disadvantaged people, based in WATERLOO, IA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $19.6M in total assets. In 2024, it awarded 1 grants totaling $20K. Net investment income was $466K.

Focus Areas

Economically disadvantaged people Low-income people Community and economic development Economic development Human services

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Iowa $40K (100%)

States

Iowa

Cities

WATERLOO

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$19,642,559	$18,776,069	$15,953,827
Revenue	$2,228,187	$3,671,236	$4,463,210
Expenses	$1,178,322	$943,431	$1,145,873
Qualifying Distributions	—	—	—
Net Investment Income	$465,648	$341,953	$251,969
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 1 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cedar Valley Growth Fund I Inc ($20,000).

Recipient	Purpose	Amount
CEDAR VALLEY GROWTH FUND I INC WATERLOO, IA	GRANT FOR ROYAL LEGACY CHRISTIAN ACADEMY LOAN	$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
LESYSHAN LUCAS	PRESIDENT	7	—
DLOUHY NATALIE	SECRETARY/TREASURER	2	—
QUIRK BRIAN	VICE PRESIDENT	5	—
CLAYBERG NATE	DIRECTOR	2	—
COULTER ERIC	DIRECTOR	2	—
HEATH LEXIE	DIRECTOR	2	—
JAHNKE CAROL	DIRECTOR	2	—
BEARBOWER ERIC	DIRECTOR	2	—
THOMPSON TONY	DIRECTOR	2	—
YOUNG RESHONDA	DIRECTOR	2	—
KOENEN STEPHANIE	EXECUTIVE DIRECTOR	40	$99,880
BRUSTKERN STEVE	PAST EXECUTIVE DIRECTOR	40	$247,559

Subject Areas

Focus areas based on grantmaking activity

Economically disadvantaged people Low-income people Community and economic development Economic development Human services

Frequently Asked Questions

What is Black Hawk Economic Development Inc?

Black Hawk Economic Development Inc is a nonprofit organization focused on Economically disadvantaged people, based in WATERLOO, IA. It holds $19.6M in total assets as of 2024.

How large is Black Hawk Economic Development Inc?

As of 2024, Black Hawk Economic Development Inc holds $19.6M in total assets with $2.2M in annual revenue. It awarded 1 grants totaling $20K in 2024.

Where does Black Hawk Economic Development Inc operate?

Black Hawk Economic Development Inc has awarded grants in Iowa.

What size grants does Black Hawk Economic Development Inc award?

In 2024, Black Hawk Economic Development Inc awarded 1 grants totaling $20K — an average of about $20K per grant, based on its IRS Form 990 filings.

What is Black Hawk Economic Development Inc's EIN?

Black Hawk Economic Development Inc's EIN (Employer Identification Number) is 42-1114803. IRS Form 990 filing data is available on this page for 2021–2024.