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
No grants recorded for .
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
Related Funders
Similar funders by location and focus area
Main Street Fort Dodge Inc
FORT DODGE, IA
Assets
$315K
Grants
1
Total Given
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John & Beverly Anderson Charitable Trust
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Assets
—
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Total Given
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Barbara Jean Couturier Charitable T
DAVENPORT, IA
Assets
—
Grants
0
Total Given
—
The Joseph Andres Family Foundation
OKOBOJI, IA
Assets
—
Grants
6
Total Given
$7K
Lohse Family Foundation
BONDURANT, IA
Assets
—
Grants
2
Total Given
$400K
Vande Brake Family Foundation
ORANGE CITY, IA
Assets
$172K
Grants
6
Total Given
$47K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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