Iowa Area Development Group Community
THE MISSION OF THE IOWA AREA DEVELOPMENT GROUP COMMUNITY FOUNDATION IS TO FOSTER ECONOMIC DEVELOPMENT AND COMMUNITY BETTERMENT BY PROVIDING PUBLIC POLICY RESEARCH AND PROMOTION; EDUCATION AND TRAINING; AND COMMUNITY BASED AND GUIDED PHILANTHROPY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
+9.3% YoY
Annual Giving
$55K
+0.0% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$18K
+0.0% YoY
About Iowa Area Development Group Community
Based on IRS filings
Iowa Area Development Group Community is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in DES MOINES, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 3 grants totaling $55K. Net investment income was $174K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,310,882 | $3,027,941 | $2,528,381 |
| Revenue | $398,999 | $293,982 | $283,671 |
| Expenses | $258,184 | $78,444 | $56,454 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $173,513 | $93,206 | $78,910 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Open Grants
1 open opportunity from Iowa Area Development Group Community
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Community Foundation of Greater Des Moines ($35,000), Hancock County Foundation (co Comm Fdn Gtr Des Moines) ($10,000), Keokuk County Community Endowment Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COMMUNITY FOUNDATION OF GREATER DES MOINES DES MOINES, IA | ASSISTANCE WITH STAFFING SUPPORT FOR IOWA CAN AFFILIATES | $35,000 |
| HANCOCK COUNTY FOUNDATION (CO COMM FDN GTR DES MOINES) DES MOINES, IA | RURAL AFFILIATE CAPACITY BUILDING PROGRAM | $10,000 |
| KEOKUK COUNTY COMMUNITY ENDOWMENT FOUNDATION SIGOURNEY, IA | RURAL AFFILIATE CAPACITY BUILDING PROGRAM | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DOUGLAS H AEILTS | PRESIDENT | — | — |
| JACOB OLBERDING | VICE PRESIDENT | — | — |
| BRUCE NUZUM | CEO | 20 | — |
| MATT WASHBURN | SECRETARY/TREASURER | — | — |
| RON STEINHOFF | DIRECTOR | — | — |
| DAVID ONKEN | DIRECTOR | — | — |
| NORM MAJOR | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Iowa Area Development Group Community?
Iowa Area Development Group Community is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in DES MOINES, IA. It holds $3.3M in total assets as of 2024.
How large is Iowa Area Development Group Community?
As of 2024, Iowa Area Development Group Community holds $3.3M in total assets with $399K in annual revenue. It awarded 3 grants totaling $55K in 2024.
Where does Iowa Area Development Group Community operate?
Iowa Area Development Group Community has awarded grants in Iowa.
What size grants does Iowa Area Development Group Community award?
In 2024, Iowa Area Development Group Community awarded 3 grants totaling $55K — an average of about $18K per grant, based on its IRS Form 990 filings.
What is Iowa Area Development Group Community's EIN?
Iowa Area Development Group Community's EIN (Employer Identification Number) is 83-0361044. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Iowa Area Development Group Community's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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