North Iowa Corridor Economic Development Corporation
Support business and industry with retention and expansion projects and attract new business and industry to cerro Gordo county, mason city and clear lake.
North Iowa Corridor Economic Development Corporation at a glance
In short: North Iowa Corridor Economic Development Corporation gave $46K across 1 grant in 2025 (avg $46K), mostly in Iowa. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $45,613
- +530.3% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $45,613
- +530.3% vs 2024
- Median grant
- $45,613
- Total assets
- $2,260,473
- -4.9% 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 September 2026.
How to apply to North Iowa Corridor Economic Development Corporation
Open Grants
1 open opportunity from North Iowa Corridor Economic Development Corporation
Who North Iowa Corridor Economic Development Corporation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Niacc ($46K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How North Iowa Corridor Economic Development Corporation gives
- Giving grew 53% 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
From 2019 to 2025, annual grant giving ranged from $7K (2024) to $46K (2025). In 2025 it made 1 grant totaling $46K.
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
| Recipient | Purpose | Amount |
|---|---|---|
| Niacc Mason City, IA | Job Share | $45,613 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,260,473 | $659,302 | $794,803 | $45,613 | 1 | $39,457 |
| 2024 | $2,377,298 | $936,611 | $888,980 | $7,237 | 1 | $19,815 |
| 2023 | $2,035,032 | $507,544 | $489,776 | $18,226 | 1 | $14,053 |
| 2022 | $2,017,451 | $546,325 | $572,138 | $29,834 | 1 | $1,494 |
| 2021 | $2,106,730 | $472,824 | $516,576 | $28,749 | Total only | $2,583 |
| 2020 | $2,116,093 | $482,333 | $486,839 | $27,826 | Total only | $5,585 |
| 2019 | $2,021,026 | $460,496 | $496,691 | $19,999 | Total only | $3,978 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About North Iowa Corridor Economic Development Corporation
Based on IRS filings
North Iowa Corridor Economic Development Corporation is a public charity focused on Community Improvement & Capacity Building, based in Mason City, IA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.3M in total assets. In 2025, it awarded 1 grant totaling $46K. Net investment income was $39K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
North Iowa Corridor Economic Development Corporation is led by Chad Schreck, President on every filing since 2019; 1 of 14 officers listed in 2025 is compensated.
Officers on the 2025 filing
Chad Schreck
President
On filings since 2019
40 hrs/week
$130K (2019) → $174K (2025)
Chelsy Snyder Anderson
Chair
Treasurer → Chair, 2025
On filings since 2022
1 hr/week
No compensation reported
Paul Stevenson
Treasurer
Past Chair → Secretary, 2021
Secretary → Treasurer, 2025
On filings since 2019
1 hr/week
No compensation reported
Emily Peters
Vice Chair
Board Member → Vice Chair, 2025
On filings since 2022
1 hr/week
No compensation reported
Becky Schwab
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Bill Phillips
Board Member
New on the 2025 filing
No compensation reported
Chad Hansen
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Chris Lovell
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Craig Backhaus
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Ellen Pritchard Sedlock
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Jeff Gribben
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Kristy King
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Scott Curtis
Secretary
New on the 2025 filing
1 hr/week
No compensation reported
Susan Bunz
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (18)
- Former: Christy Marchand (2019–2024) — Board Member
- Former: Mark Ebeling (2019–2024) — Board Member
- Former: Robert Klocke (2019–2024) — Chair
- Former: Scott Smed (2019–2024) — Past Chair
- Former: Collin Davison (2021–2024) — Secretary
- Former: Chuck Schafer (2022–2024) — Board Member
- Former: Josh Thompson (2022–2024) — Board Member
- Former: Kent Brcka (2022–2024) — Vice Chair
- Former: Rod Schlader (2023–2024) — Board Member
- Former: Rod Schafer (2022) — Board Member
- Former: Dave Versteeg (2019–2021) — Board Member
- Former: Diane Fischels (2019–2021) — Vice Chair & Board Member
- Former: Marty Mensen (2019–2021) — Board Member
- Former: Nate Carney (2019–2021) — Past Chair
- Former: Gary Pyle (2020–2021) — Board Member
- Former: Jacquelyn Arthur (2019–2020) — Board Member
- Former: Arthur Jones (2019) — Board Member
- Former: Deb Blaser-Gretillat (2019) — Past Chair
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $174K, to Chad Schreck (President).
Frequently asked questions about North Iowa Corridor Economic Development Corporation
How much does North Iowa Corridor Economic Development Corporation give each year?
North Iowa Corridor Economic Development Corporation gave $46K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $7K across 1 grant.
How large is North Iowa Corridor Economic Development Corporation?
North Iowa Corridor Economic Development Corporation reported $2.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $659K.
What is North Iowa Corridor Economic Development Corporation?
North Iowa Corridor Economic Development Corporation is a public charity focused on Community Improvement & Capacity Building, based in Mason City, IA. It holds $2.3M in total assets as of 2025.
Where does North Iowa Corridor Economic Development Corporation operate?
North Iowa Corridor Economic Development Corporation has awarded grants in Iowa.
What is North Iowa Corridor Economic Development Corporation's EIN?
North Iowa Corridor Economic Development Corporation's EIN (Employer Identification Number) is 75-3190471. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS February 1, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS January 10, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS January 18, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS December 23, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS January 20, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 13, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work North Iowa Corridor Economic Development Corporation funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
- Leveling-Up Award $1,000 · Due October 25, 2026
- Arnold F. Keller, Jr. Grant for New Initiatives/Program Expansion $25,000 · Due October 27, 2026
- Wausau Marathon County Impact Grants (Community Foundation of North Central Wisconsin) $1,000 to $100,000 depending on the scope of the project · Due October 27, 2026
Explore Open Grants
Browse active grant opportunities in North Iowa Corridor Economic Development Corporation's focus areas in our free grants database
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