Black Hawk Economic Development Inc

WATERLOO, IA EIN: 42-1114803 Website

TO ACTIVELY ENGAGE IN SUSTAINABLE ECONOMIC AND COMMUNITY DEVELOPMENT ACTIVITIES FOR THE BENEFIT OF ALL CONSTITUENTS THROUGH VARIOUS FINANCIAL AND OTHER ASSISTANCE PROGRAMS PRINCIPALLY TARGETED TO LOW-INCOME COMMUNITIES AND LOW-INCOME PERSONS, AND AT LEAST 60% OF ACTIVITIES TARGETED TO LOW-INCOME COMMUNITIES OR FOR LOW-INCOME PERSONS

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$19.6M

+4.6% YoY

Annual Giving

$20K

Grant Count

1

Avg Grant Size

$20K

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$4M$5M2021202220232024
Metric202420232022
Total Assets$19,642,559$18,776,069$15,953,827
Revenue$2,228,187$3,671,236$4,463,210
Expenses$1,178,322$943,431$1,145,873
Qualifying Distributions
Net Investment Income$465,648$341,953$251,969
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K1 grants20211 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

CEDAR VALLEY GROWTH FUND…$20K

Grant Size Distribution

3 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Black Hawk Economic Development Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BRUSTKERN STEVEPAST EXECUTIVE DIRECTOR$248KKOENEN STEPHANIEEXECUTIVE DIRECTOR$100K

From 2024 filing

NameTitleHoursCompensation
LESYSHAN LUCASPRESIDENT7
DLOUHY NATALIESECRETARY/TREASURER2
QUIRK BRIANVICE PRESIDENT5
CLAYBERG NATEDIRECTOR2
COULTER ERICDIRECTOR2
HEATH LEXIEDIRECTOR2
JAHNKE CAROLDIRECTOR2
BEARBOWER ERICDIRECTOR2
THOMPSON TONYDIRECTOR2
YOUNG RESHONDADIRECTOR2
KOENEN STEPHANIEEXECUTIVE DIRECTOR40$99,880
BRUSTKERN STEVEPAST EXECUTIVE DIRECTOR40$247,559

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

WATERLOO

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

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