Fort Madison Economic Development Corp

Public charity · Grantmaker Montrose, IA EIN: 42-1300666

Promotion of area enconomic development.

Fort Madison Economic Development Corp at a glance

In short: Fort Madison Economic Development Corp gave $43K across 1 grant in 2025 (avg $43K), mostly in Iowa. Source: 2025 IRS Form 990.

Annual giving (2025)
$43,250
+1908.8% vs 2024
Grants made (2025)
1
Average grant
$43,250
Median grant
$43,250
Total assets
$645,338
+6.1% vs 2024
Primary geography
Iowa (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

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

Who Fort Madison Economic Development Corp funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Lee County Economic Development: $43KLee County EconomicDevelopment$43K

The largest 2025 recipient was Lee County Economic Development ($43K).

Grant Size Distribution

2 grants across all recorded years

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

The most common grant size was under $50K: 2 grants of 2 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Montrose

How Fort Madison Economic Development Corp gives

  • Giving grew 116% from 2022 to 2025. Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2019 0 grants2020 0 grants2021 1 grant2022 0 grants2023 Total only2024 1 grant2025

From 2022 to 2025, annual grant giving ranged from $2K (2024) to $43K (2025). In 2025 it made 1 grant totaling $43K.

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

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Lee County Economic Development Montrose, IA—$43,250
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$645,338$83,264$46,218$43,2501$30,418
2024$608,292$65,423$25,464$2,153Total only$25,173
2023$568,333$57,327$24,675——$19,477
2022$535,681$139,034$557,230$20,0001$2,813
2021$953,877$695,336$263,275——$6,413
2020$521,816$63,975$36,484——$7,976
2019$494,325$44,267$63,811——$7,984

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

About Fort Madison Economic Development Corp

Based on IRS filings

Fort Madison Economic Development Corp is a public charity focused on Community Improvement & Capacity Building, based in Montrose, IA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $645K in total assets. In 2025, it awarded 1 grant totaling $43K. Net investment income was $30K.

Leadership & Key People

Officers and directors from IRS filings

Fort Madison Economic Development Corp is led by Bob Huffman, Chairman on every filing since 2019; none of the 12 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Bob Huffman

    Chairman

    On filings since 2019

    No compensation reported

  • Bryan Langerud

    Director

    On filings since 2019

    No compensation reported

  • Corey Fraise

    Director

    On filings since 2019

    No compensation reported

  • Larry Smith

    Director

    On filings since 2019

    No compensation reported

  • Matt Morrison

    Director

    On filings since 2019

    No compensation reported

  • Moudy Nabulsi

    Director

    On filings since 2019

    No compensation reported

  • Gary Hoyer

    Director

    On filings since 2020

    No compensation reported

  • Amy Conlee

    Director

    On filings since 2023

    No compensation reported

  • Jason Hutcheson

    Director

    On filings since 2023

    No compensation reported

  • Matt Morris

    Vice Chairman

    Director → Vice Chairman, 2020

    On filings since 2019

    No compensation reported

  • Mike Culbertson

    Treasurer

    On filings since 2019

    No compensation reported

  • Tim Gobble

    Secretary

    On filings since 2019

    No compensation reported

Former officers (9)
  • Former: Stevan Vukceich (2024) — Director
  • Former: Mickey McHale (2023) — Director
  • Former: Steven Vulceich (2023) — Director
  • Former: Javier Guevara (2019–2022) — Director
  • Former: Jeremy Alexander (2019–2022) — Director
  • Former: Dan Fraise (2019–2020) — Director
  • Former: Darrell Allman (2019–2020) — Director
  • Former: David Poland (2019) — Director
  • Former: Steve Morley (2019) — Director

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 about Fort Madison Economic Development Corp

How much does Fort Madison Economic Development Corp give each year?

Fort Madison Economic Development Corp gave $43K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it reported $2K in grants paid.

How large is Fort Madison Economic Development Corp?

Fort Madison Economic Development Corp reported $645K in total assets on its 2025 IRS Form 990. Its revenue that year was $83K.

What is Fort Madison Economic Development Corp?

Fort Madison Economic Development Corp is a public charity focused on Community Improvement & Capacity Building, based in Montrose, IA. It holds $645K in total assets as of 2025.

Where does Fort Madison Economic Development Corp operate?

Fort Madison Economic Development Corp has awarded grants in Iowa.

What is Fort Madison Economic Development Corp's EIN?

Fort Madison Economic Development Corp's EIN (Employer Identification Number) is 42-1300666. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS August 17, 2023)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS July 11, 2025)
  3. Added Form 990 for fiscal year 2025 (received by the IRS September 14, 2026)

Live grants for the work Fort Madison Economic Development Corp funds

Community Improvement & Capacity Building Open opportunities, soonest deadline first.

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Fort Madison Economic Development Corp's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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