North Iowa Corridor Economic
SUPPORT BUSINESS AND INDUSTRY WITH RETENTION AND EXPANSION PROJECTS AND ATTRACT NEW BUSINESS AND INDUSTRY TO CERRO GORDO COUNTY, MASON CITY AND CLEAR LAKE.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.3M
-4.9% YoY
Revenue
$659K
-29.6% YoY
Net Investment Income
$39K
+99.1% YoY
Expenses
$795K
-10.6% YoY
About North Iowa Corridor Economic
Based on IRS filings
North Iowa Corridor Economic is a nonprofit organization focused on Community Improvement & Capacity Building, based in MASON CITY, IA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.3M in total assets. Net investment income was $39K.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,260,473 | $2,377,298 | $2,035,032 |
| Revenue | $659,302 | $936,611 | $507,544 |
| Expenses | $794,803 | $888,980 | $489,776 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $39,457 | $19,815 | $14,053 |
| 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 0 recipients in 2025
Grant Size Distribution
2 grants across all recorded years
Open Grants
1 open opportunity from North Iowa Corridor Economic
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHAD SCHRECK | PRESIDENT | 40 | $174,000 |
| CHELSY SNYDER ANDERSON | CHAIR | 1 | — |
| CRAIG BACKHAUS | BOARD MEMBER | 1 | — |
| SUSAN BUNZ | BOARD MEMBER | 1 | — |
| SCOTT CURTIS | SECRETARY | 1 | — |
| JEFF GRIBBEN | BOARD MEMBER | 1 | — |
| CHAD HANSEN | BOARD MEMBER | 1 | — |
| KRISTY KING | BOARD MEMBER | 1 | — |
| CHRIS LOVELL | BOARD MEMBER | 1 | — |
| EMILY PETERS | VICE CHAIR | 1 | — |
| BILL PHILLIPS | BOARD MEMBER | — | — |
| BECKY SCHWAB | BOARD MEMBER | 1 | — |
| ELLEN PRITCHARD SEDLOCK | BOARD MEMBER | 1 | — |
| PAUL STEVENSON | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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