Iowa Area Development Group Community

DES MOINES, IA EIN: 83-0361044 Website

THE MISSION OF THE IOWA AREA DEVELOPMENT GROUP COMMUNITY FOUNDATION IS TO FOSTER ECONOMIC DEVELOPMENT AND COMMUNITY BETTERMENT BY PROVIDING PUBLIC POLICY RESEARCH AND PROMOTION; EDUCATION AND TRAINING; AND COMMUNITY BASED AND GUIDED PHILANTHROPY.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$3.3M

+9.3% YoY

Annual Giving

$55K

+0.0% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$18K

+0.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$110K$219K$329K$439K20202021202220232024
Metric202420232022
Total Assets$3,310,882$3,027,941$2,528,381
Revenue$398,999$293,982$283,671
Expenses$258,184$78,444$56,454
Qualifying Distributions
Net Investment Income$173,513$93,206$78,910
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$14K$28K$41K$55K2 grants20203 grants20212 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

COMMUNITY FOUNDATION OF …$35KHANCOCK COUNTY FOUNDATIO…$10KKEOKUK COUNTY COMMUNITY …$10K

Grant Size Distribution

13 grants across all recorded years

13<$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 Iowa Area Development Group Community fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DOUGLAS H AEILTSPRESIDENT
JACOB OLBERDINGVICE PRESIDENT
BRUCE NUZUMCEO20
MATT WASHBURNSECRETARY/TREASURER
RON STEINHOFFDIRECTOR
DAVID ONKENDIRECTOR
NORM MAJORDIRECTOR

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

AmesDes MoinesPostvilleSigourneyWest Des Moines

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

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