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Washington Economic Development

Public charity · Grantmaker Washington, IA EIN: 42-1276049 Website

Coordinate area economic development

Key facts about Washington Economic Development

In short: Washington Economic Development gave $45K across 3 grants in 2025 (avg $15K), mostly in Iowa. Source: 2025 IRS Form 990.

EIN
42-1276049
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$45,200
Grants made (2025)
3
Average grant
$15,067
Median grant
$14,650
Total assets
$976,506
Primary geography
Iowa (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$977K

-3.7% YoY

Annual Giving

$45K

Grant Count

3

Avg Grant Size

$15K

About Washington Economic Development

Based on IRS filings

Washington Economic Development is a public charity focused on Community Improvement & Capacity Building, based in Washington, IA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $977K in total assets. In 2025, it awarded 3 grants totaling $45K. Net investment income was $14K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 3 itemized grants.

States

Cities

WashingtonCedar Rapids

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2021 0 grants2022 0 grants2023 0 grants2024 3 grants2025

In 2025 it made 3 grants totaling $45K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Washington County Fair Association: $25KWashington County FairAssociation$25KThe Creative Sprouts: $15KThe Creative Sprouts$15KKirkwood Community College: $6KKirkwood Community College$6K

The largest 2025 recipient was Washington County Fair Association ($25K). Together the top 3 received $45K.

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Washington County Fair Association Washington, IAAda Compliant Restrooms at Fairgrounds$25,000
The Creative Sprouts Washington, IAProvide Families with Reliable Quality Childcare$14,650
Kirkwood Community College Cedar Rapids, IATuition Assisstance for Washington County Individuals$5,550

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K$800K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$976,506$1,013,685$510,253
Revenue$184,429$692,070$240,258
Expenses$219,546$180,837$162,749
Net Investment Income$13,883$10,747$3,865

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)

Leadership & Key People

Officers and directors from IRS filings

Washington Economic Development is led by Brett Dewolf, President since 2022 (on filings since 2021); none of the 19 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Brett Dewolf

    President

    Director → President, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • Melanie Bimson

    Executive Director

    New on the 2025 filing

    40 hrs/week

    No compensation reported

  • Bob Yoder

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Kelly Litwiller

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Michelle Redlinger

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Ryan Schlabaugh

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Tera Pickens

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Willie Stone

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Ben Rothe

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Brian Stone

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Cole Smith

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Peter Griffin

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Ryan Levy

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Samantha Meyer

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Joseph Gaa

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Amanda Russell

    Vice President

    Past President → Vice President, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • Connie Larsen

    Secretary

    On filings since 2021

    1 hr/week

    No compensation reported

  • Terry Engelken

    Past President

    President → Past President, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • Nicole Meyer

    Treasurer

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (15)
  • Former: Jennifer Wharton (2021–2024) — Treasurer
  • Former: Mary Audia (2021–2024) — Executive Director
  • Former: Rachel Berdo (2024) — Director
  • Former: Vani Tschantz (2024) — Director
  • Former: Deanna McCusker (2022–2023) — Director
  • Former: Jeffrey Schmidt (2022–2023) — Director
  • Former: Brent Hinson (2021) — Treasurer
  • Former: Christine Yancey (2021) — Director
  • Former: Corey Oswald (2021) — Director
  • Former: Josh McNight (2021) — Director
  • Former: Kelly Grout (2021) — Director
  • Former: Mark Schneider (2021) — Director
  • Former: Michael McVey (2021) — Director
  • Former: Ron Lutovsky (2021) — Vice President
  • Former: Sarah Grunewaldt (2021) — Director

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Washington Economic Development

How much does Washington Economic Development give each year?

Washington Economic Development gave $45K across 3 grants in 2025, according to its 2025 IRS Form 990.

What is Washington Economic Development's typical grant size?

Washington Economic Development's median grant in 2025 was $14,650, and its average grant was $15,067, across 3 grants on its 2025 IRS Form 990.

Where does Washington Economic Development give grants?

Washington Economic Development gives mostly in Iowa: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Washington, IA (2 grants).

Does Washington Economic Development give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Washington Economic Development's 2025 IRS Form 990 were described as general or operating support.

How large is Washington Economic Development?

Washington Economic Development reported $977K in total assets on its 2025 IRS Form 990. Its revenue that year was $184K.

What is Washington Economic Development?

Washington Economic Development is a public charity focused on Community Improvement & Capacity Building, based in Washington, IA. It holds $977K in total assets as of 2025.

What is Washington Economic Development's EIN?

Washington Economic Development's EIN (Employer Identification Number) is 42-1276049. IRS Form 990 filing data is available on this page for 2021–2025.

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

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