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Cedar Rapids Metro

Foundation · Grantmaker Cedar Rapids, IA EIN: 42-0172900 Website

To drive economic, workforce and population growth strategies, and to help businesses succeed.

Key facts about Cedar Rapids Metro

EIN
42-0172900
Latest 990 filing
Form 990, 2025
Total assets
$5,057,841

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$5.1M

-8.1% YoY

Revenue

$4.4M

+5.3% YoY

Net Investment Income

$166K

-27.7% YoY

Expenses

$4.8M

+11.4% YoY

How Cedar Rapids Metro gives

  • Giving fell 65% from 2020 to 2023. Method

From the foundation's IRS Form 990 filings. Methodology.

About Cedar Rapids Metro

Based on IRS filings

Cedar Rapids Metro is a nonprofit organization, 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.

Open Grants

3 open opportunities from Cedar Rapids Metro

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Cedar RapidsAmes

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K4 grants20202 grants20211 grants20221 grants20230 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

4 grants across all recorded years

2<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M202020212022202320242025
Metric202520242023
Total Assets$5,057,841$5,502,080$5,804,478
Revenue$4,438,702$4,216,184$3,993,880
Expenses$4,839,437$4,342,837$4,384,098
Qualifying Distributions———
Net Investment Income$165,504$228,782$101,629
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2025 (received by the IRS August 24, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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

Corbett Ron — VP of Economic Development: $171KCorbett RonVP of Economic Development$171KNeumann Douglas — President/CEO: $153KNeumann DouglasPresident/CEO$153KWasta Phil — Medical Ssmid Manager: $133KWasta PhilMedical Ssmid Manager$133KWheeler Audrey — Assistant Secretary: $129KWheeler AudreyAssistant Secretary$129KKnutson Caleb — Downtown Executive Director: $127KKnutson CalebDowntown Executive Director$127KShaffer Jodi — Talent Attraction Director: $122KShaffer JodiTalent Attraction Director$122KAbdel Juliet — President/CEO: $105KAbdel JulietPresident/CEO$105K

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.

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