Cedar Rapids Metro
To drive economic, workforce and population growth strategies, and to help businesses succeed.
Cedar Rapids Metro at a glance
- Total assets
- $5,057,841
- -8.1% vs 2024
- Revenue (2025)
- $4,438,702
- +5.3% vs 2024
- Net investment income (2025)
- $165,504
- -27.7% vs 2024
- Expenses (2025)
- $4,839,437
- +11.4% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Cedar Rapids Metro
Open Grants
3 open opportunities from Cedar Rapids Metro
Brownfield/Grayfield Redevelopment Tax Credits Program
Cedar Rapids Metro
Amount
Up to $1,000,000 per project
Deadline
Deadline not published
Child Care Business Incentive Grants
Cedar Rapids Metro
Amount
Up to $250,000
Deadline
Deadline not published
Manufacturing 4.0 Workforce Innovation Program
Cedar Rapids Metro
Amount
Varies
Deadline
Deadline not published
Who Cedar Rapids Metro funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 2 grants of 4 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Cedar Rapids Metro gives
- Giving fell 65% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $29K (2023) to $86K (2021). In 2023 it made 1 grant totaling $29K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| ICR Iowa Cedar Rapids, IA | Joint Venture Support | $29,238 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $5,057,841 | $4,438,702 | $4,839,437 | — | — | $165,504 |
| 2024 | $5,502,080 | $4,216,184 | $4,342,837 | — | — | $228,782 |
| 2023 | $5,804,478 | $3,993,880 | $4,384,098 | $29,238 | 1 | $101,629 |
| 2022 | $6,290,012 | $3,874,891 | $4,133,906 | $70,000 | 1 | $27,146 |
| 2021 | $4,696,804 | $4,090,469 | $3,779,997 | $86,059 | 2 | $52,819 |
| 2020 | $4,378,128 | $3,625,639 | $3,801,253 | $84,369 | 4 | $83,129 |
About Cedar Rapids Metro
Based on IRS filings
Cedar Rapids Metro is a public charity, based in Cedar Rapids, IA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $5.1M in total assets. Net investment income was $166K.
Leadership & Key People
Officers and directors from IRS filings
Cedar Rapids Metro is led by Neumann Douglas, President & CEO since 2025 (on filings since 2022); 7 of 19 officers listed in 2025 are compensated.
Officers on the 2025 filing
Neumann Douglas
President & CEO
President & CEO → Executive Director, 2023
Executive Director → President & CEO, 2025
On filings since 2022
40 hrs/week
$195K (2022) → $153K (2025)
Abdel Juliet
President & CEO
New on the 2025 filing
40 hrs/week
$105K (2025)
Knutson Caleb
Downtown Executive Director
New on the 2025 filing
1 hr/week
$127K (2025)
Parmley Anne
Chair
Vice Chair → Chair, 2024
On filings since 2022
1 hr/week
No compensation reported
Shaffer Jodi
Talent Attraction Director
New on the 2025 filing
1 hr/week
$122K (2025)
Glew Nick
Director
On filings since 2022
1 hr/week
No compensation reported
Pomerantz Jeff
Director
On filings since 2022
1 hr/week
No compensation reported
Kepros Ted
Director
On filings since 2023
1 hr/week
No compensation reported
Land Paula
Director
On filings since 2023
1 hr/week
No compensation reported
Shepard Rocki
Director
On filings since 2023
1 hr/week
No compensation reported
Baxter Dan
Director
On filings since 2024
1 hr/week
No compensation reported
Farlinger May
Director
On filings since 2024
1 hr/week
No compensation reported
Zehr Justin
Director
On filings since 2024
1 hr/week
No compensation reported
Bunge Ryan
Director
New on the 2025 filing
1 hr/week
No compensation reported
Corbett Ron
Vice President of Economic Development
On filings since 2022
40 hrs/week
$189K (2022) → $171K (2025)
Wasta Phil
Medical Ssmid Manager
On filings since 2022
40 hrs/week
$116K (2022) → $133K (2025)
Wheeler Audrey
Assistant Secretary
On filings since 2022
40 hrs/week
$110K (2022) → $129K (2025)
Ekberg Hugh
Past Chair
Chair → Past Chair, 2024
On filings since 2022
1 hr/week
No compensation reported
Klein James
Vice Chair
Director → Vice Chair, 2024
On filings since 2022
1 hr/week
No compensation reported
Former officers (21)
- Former: Thoeny Mark (2023–2024) — Director
- Former: Monga Pankaj (2020–2023) — Director
- Former: Buse Tatum (2022–2023) — Past Chair
- Former: Sundberg Lori (2022–2023) — Director
- Former: Theony Mark (2022) — Director
- Former: Tyler Charity (2022) — Director
- Former: Wheeler Chirs (2022) — Director
- Former: Anne Parmley (2020–2021) — Director
- Former: Audrey Wheeler (2020–2021) — Assistant Secretary
- Former: Charity Tyler (2020–2021) — Director
- Former: Chris Skogman (2020–2021) — Past Chair
- Former: Chris Wheeler (2020–2021) — Director
- Former: Douglas Neumann (2020–2021) — President & CEO
- Former: Gene Neighbor (2020–2021) — Director
- Former: Hugh Ekberg (2020–2021) — Vice Chair
- Former: Jeff Pomeranz (2020–2021) — Director
- Former: Lori Sundberg (2020–2021) — Director
- Former: Tatum Buse (2020–2021) — Chair
- Former: Mark Theony (2021) — Director
- Former: Ron Corbett (2021) — Vice President of Economic Development
- Former: Charlie Rohde (2020) — Past Chair
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $171K, to Corbett Ron (VP of Economic Development). 7 officers or directors reported compensation on that filing.
Frequently asked questions about Cedar Rapids Metro
How large is Cedar Rapids Metro?
Cedar Rapids Metro reported $5.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.4M.
Where does Cedar Rapids Metro operate?
Cedar Rapids Metro has awarded grants in Iowa.
What is Cedar Rapids Metro's EIN?
Cedar Rapids Metro's EIN (Employer Identification Number) is 42-0172900. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS August 24, 2026)
- IRS filings on file for fiscal years 2020–2024
Other open foundation grants in Iowa
Iowa Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Cedar Rapids Metro's focus areas in our free grants database
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Funders with grantees in common
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United Fire Group Foundation
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United Fire Group Foundation supports community, health, human-services, education, and arts organizations, with most of its giving in Iowa. Its 2025 grants ranged from $2,500 to $210,000, with a median of $5,000. It gives only to preselected organizations and does not accept unsolicited requests.
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Cedar Rapids Metro down — hundreds of funders to go?