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Fairfield Economic Development

Foundation · Grantmaker Fairfield, IA EIN: 42-1111039 Website

TO SUSTAIN AND IMPROVE THE QUALITY OF LIFE OF THE CITIZENS OF FAIRFIELD, IOWA THROUGH TARGETED ECONOMIC DEVELOPMENT INITIATIVES AND PROGRAMS.

Key facts about Fairfield Economic Development

EIN
42-1111039
Latest 990 filing
Form 990, 2025
Grants paid (2025)
$250 — reported as a total on the IRS filing, without an itemized list
Total assets
$2,878,589

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

Next steps with Fairfield Economic Development

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$2.9M

+26.6% YoY

Grants Paid (reported total)

$250

-97.3% YoY

Revenue

$496K

-24.1% YoY

Net Investment Income

$30K

-93.9% YoY

About Fairfield Economic Development

Based on IRS filings

Fairfield Economic Development is a nonprofit organization, based in Fairfield, IA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.9M in total assets. In 2025, it reported $250 in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $30K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Fairfield

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2019202020212022202320242025
Metric202520242023
Total Assets$2,878,589$2,274,006$1,752,007
Revenue$495,663$652,704$125,439
Expenses$214,591$154,059$165,511
Qualifying Distributions———
Net Investment Income$30,413$495,512$4,705
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS May 13, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS February 1, 2021)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS November 9, 2023)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS February 17, 2025)
  5. Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5K$5K$7.5K$10K1 grants20191 grants20200 grants20210 grants2022Total only2023Total only2024Total only2025

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

0 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Leadership & Key People

Officers and directors from IRS filings

Fairfield Economic Development is led by Alissa Ward, President since 2025 (on filings since 2024); none of the 8 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Alissa Ward

    President

    Secretary → President, 2025

    On filings since 2024

    1 hr/week

    No compensation reported

  • Curtis Smith

    Director

    Director → President, 2022

    President → Director, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Roger Vorhies

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Nate Weaton

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Ti Liptak

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Aaron Kness

    Vice President

    Treasurer → Vice President, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Ed Malloy

    Executive Di

    On filings since 2024

    40 hrs/week

    No compensation reported

  • Vanessa Willman

    Treasurer

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (12)
  • Former: Amy Jones (2019–2025) — Director · Filing note: Term ended in fy
  • Former: Ken Ross (2019–2025) — Director · Filing note: Term ended in fy
  • Former: Nick Graham (2023–2025) — Director · Filing note: Term ended in fy
  • Former: Joe Stever (2020–2024) — President
  • Former: Josh Laraby (2024) — Executive Di · Filing note: Resigned 10523
  • Former: Joshua Laraby (2019–2023) — Secretary & Executive Director · Filing note: Resigned 10523
  • Former: Alissa Doyle-Ward (2020–2023) — Director
  • Former: Greg Lowenberg - Left (2021) — Treasurer
  • Former: Greg Lowenberg (2019–2020) — Treasurer
  • Former: Tim Kuiken - Left (2020) — President
  • Former: Alissa Doyle-Ward - Joined Nov (2019) — Director
  • Former: Tim Kuiken (2019) — President

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently Asked Questions

How large is Fairfield Economic Development?

As of 2025, Fairfield Economic Development holds $2.9M in total assets with $496K in annual revenue. It reported $250 in grants paid in 2025, as a total without an itemized list.

Where does Fairfield Economic Development operate?

Fairfield Economic Development has awarded grants in Iowa.

What is Fairfield Economic Development's EIN?

Fairfield Economic Development's EIN (Employer Identification Number) is 42-1111039. IRS Form 990 filing data is available on this page for 2019–2025.

Explore Open Grants

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Data last updated September 2026. Sourced from IRS Form 990 filings.

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