Connectcr Inc
Connectcr will improve the quality of life in Linn county and beyond by expanding connectivity for recreation, improving under-utilized community assets, leveraging flood mitigation, and creating an iconic symbol for the city.
Key facts about Connectcr Inc
In short: Connectcr Inc gave $1.4M across 1 grant in 2024 (avg $1.4M), mostly in Iowa. Source: 2024 IRS Form 990.
- EIN
- 82-3025860
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $1,440,000
- Grants made (2024)
- 1
- Average grant
- $1,440,000
- Median grant
- $1,440,000
- Total assets
- $2,828,385
- Primary geography
- Iowa (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$2.8M
-29.8% YoY
Annual Giving
$1.4M
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.4M
+0.0% YoY
About Connectcr Inc
Based on IRS filings
Connectcr Inc is a public charity focused on Arts, Culture & Humanities, based in Cedar Rapids, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 1 grant totaling $1.4M. Net investment income was $189K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $1.4M (2022) to $1.4M (2024). In 2024 it made 1 grant totaling $1.4M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was City of Cedar Rapids ($1.4M).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $1–5M range: 3 grants of 3 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| City of Cedar Rapids Cedar Rapids, IA | Cedar Rapids Project Fund | $1,440,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,828,385 | $4,027,791 | $4,747,122 |
| Revenue | $313,491 | $1,017,370 | $2,447,963 |
| Expenses | $1,517,394 | $1,733,199 | $2,109,926 |
| Net Investment Income | $188,947 | $168,863 | $33,840 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS November 6, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 31, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 26, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Connectcr Inc is led by McGrath Michael, President on every filing since 2022; 1 of 8 officers listed in 2024 is compensated.
Officers on the 2024 filing
McGrath Michael
President
On filings since 2022
0.3 hrs/week
No compensation reported
Kraft Julie
Director of Organizational
On filings since 2022
7 hrs/week
$5K (2022) → $9K (2024)
Clancy Lee
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Rogers Marcia
Director
On filings since 2022
0.3 hrs/week
No compensation reported
Stepanek Derek
Director
On filings since 2022
0.8 hrs/week
No compensation reported
Wyrick Felicia
Director
On filings since 2022
0.8 hrs/week
No compensation reported
Peffer Tom
Vice President
On filings since 2022
1 hr/week
No compensation reported
Sovern Steve
Treasurer
On filings since 2022
1.5 hrs/week
No compensation reported
Former officers (10)
- Former: Dale Todd (2020–2021) — Director & Ex-Officio
- Former: Derek Stepanek (2020–2021) — Director
- Former: Felicia Wyrick (2020–2021) — Director
- Former: Julie Kraft (2020–2021) — Director of Organizational
- Former: Lee Clancey (2020–2021) — Vice President
- Former: Marcia Rogers (2020–2021) — Director
- Former: Michael McGrath (2020–2021) — President
- Former: Steve Sovern (2020–2021) — Treasurer
- Former: Tom Peffer (2020–2021) — Director
- Former: Eric Engelmann (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $9K, to Kraft Julie (Director of Organizational).
Frequently asked questions about Connectcr Inc
How much does Connectcr Inc give each year?
Connectcr Inc gave $1.4M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.4M across 1 grant.
How large is Connectcr Inc?
Connectcr Inc reported $2.8M in total assets on its 2024 IRS Form 990. Its revenue that year was $313K.
What is Connectcr Inc?
Connectcr Inc is a public charity focused on Arts, Culture & Humanities, based in Cedar Rapids, IA. It holds $2.8M in total assets as of 2024.
Where does Connectcr Inc operate?
Connectcr Inc has awarded grants in Iowa.
What is Connectcr Inc's EIN?
Connectcr Inc's EIN (Employer Identification Number) is 82-3025860. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Connectcr Inc by hand.
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Connectcr Inc down — hundreds of funders to go?