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Iowa Area Development Group Community

Foundation · Grantmaker Des Moines, IA EIN: 83-0361044 Website

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.

Key facts about Iowa Area Development Group Community

EIN
83-0361044
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$55,000
Grants made (2024)
3
Average grant
$18,333
Median grant
$10,000
Total assets
$3,310,882
Primary geography
Iowa (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Iowa Area Development Group Community funds

By grant dollars, the top recipient states for Iowa Area Development Group Community's 3 itemized 2024 grants were Iowa (100%). The most frequent recipient cities were Des Moines, IA (2 grants). None of its 3 grants with a stated purpose were described as general or operating support.

How Iowa Area Development Group Community gives

  • Giving held roughly steady from 2021 to 2024 (+0%). Method

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

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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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 3 itemized 2024 grant dollars.

States

Cities

Des MoinesSigourneyWest Des MoinesAmesPostville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$110K$219K$329K$439K20202021202220232024
Metric202420232022
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———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$14K$28K$41K$55K2 grants20203 grants20212 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Community Foundation of Greater Des Moines: $35KCommunity Foundation ofGreater Des Moines$35KHancock County Foundation (Co Comm Fdn GTR Des Moines): $10KHancock County Foundation (CoComm Fdn GTR Des Moines)$10KKeokuk County Community Endowment Foundation: $10KKeokuk County CommunityEndowment Foundation$10K

Grant Size Distribution

13 grants across all recorded years

13<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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 recipients 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).

RecipientPurposeAmount
COMMUNITY FOUNDATION OF GREATER DES MOINES Des Moines, IAASSISTANCE WITH STAFFING SUPPORT FOR IOWA CAN AFFILIATES$35,000
HANCOCK COUNTY FOUNDATION (CO COMM FDN GTR DES MOINES) Des Moines, IARURAL AFFILIATE CAPACITY BUILDING PROGRAM$10,000
KEOKUK COUNTY COMMUNITY ENDOWMENT FOUNDATION Sigourney, IARURAL AFFILIATE CAPACITY BUILDING PROGRAM$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Douglas H AeiltsPresident——
Jacob OlberdingVice President——
Bruce NuzumCEO20—
Matt WashburnSecretary/Treasurer——
Ron SteinhoffDirector——
David OnkenDirector——
Norm MajorDirector——

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.

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

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