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Lee County Economic Development

Foundation · Grantmaker Montrose, IA EIN: 04-3605260 Website

ECONOMIC DEVELOPMENT FOR THE LEE COUNTY, IOWA COMMUNITY

Key facts about Lee County Economic Development

EIN
04-3605260
Latest 990 filing
Form 990-PF, 2025
Total assets
$687,828

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

Next steps with Lee County Economic Development

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$688K

-33.3% YoY

Revenue

$428K

-19.3% YoY

Net Investment Income

$2K

-42.5% YoY

Expenses

$757K

-18.7% YoY

About Lee County Economic Development

Based on IRS filings

Lee County Economic Development is a nonprofit organization focused on Community Improvement & Capacity Building, based in Montrose, IA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $688K in total assets. Net investment income was $2K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Fort MadisonKeokuk

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$341K$683K$1M$1M20212022202320242025
Metric202520242023
Total Assets$687,828$1,031,030$1,756,635
Revenue$427,825$530,081$1,240,993
Expenses$756,824$930,856$714,577
Qualifying Distributions———
Net Investment Income$2,171$3,774$1,418
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS December 14, 2023)
  3. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)

Giving Over Time

Total grant dollars and number of grants per year

$0$19K$37K$56K$74K2 grants20210 grants2022Total only20230 grants20240 grants2025

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

2 grants across all recorded years

2<$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

Compensation Overview

From 2025 IRS filing

Emily Benjamin — Chief Execut: $134KEmily BenjaminChief Execut$134K

From 2025 IRS filing

NameTitleHoursCompensation
Emily BenjaminChief Execut40$133,702
Dave BognerDirector——
Amy ConleeDirector——
Dan CulpDirector——
Acacia HaganEx Officio——
Corby HawkinsDirector——
Gary HoyerDirector——
Heather HuebnerEx-Officio——
Jason HutchesonImmediate PA——
Charles IrelandChair——
Corey JonasDirector——
Bob Huffman JrPast Chair——
Garry Seyb JrEx-Officio——
Kerry KlepferVice Chair——
Bryan LangerudDirector——
Pat McCrabbDirector——
Michael MohrfeldDirector——
Matt MorrisCapital Chai——
Matt MorrisonDirector——
Michael NorrisEx-Officio——
Justin PieperTreasurer——
Jennie RoseDirector——
Kay SackvilleEx-Officio——
Scott SmithDirector——
Dr Tim WondraEx-Officio——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Lee County Economic Development?

Lee County Economic Development is a nonprofit organization focused on Community Improvement & Capacity Building, based in Montrose, IA. It holds $688K in total assets as of 2025.

How large is Lee County Economic Development?

As of 2025, Lee County Economic Development holds $688K in total assets with $428K in annual revenue.

Where does Lee County Economic Development operate?

Lee County Economic Development has awarded grants in Iowa.

What is Lee County Economic Development's EIN?

Lee County Economic Development's EIN (Employer Identification Number) is 04-3605260. IRS Form 990 filing data is available on this page for 2021–2025.

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

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