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Iowa Area Development Group Community Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 830361044 ✦ Des moines, IA ✦ Designated as a 501(c)(3)

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Overview

What is Iowa Area Development Group Community Foundation?

The Iowa Area Development Group Community Foundation, located at 2600 Grand Avenue 430, Des Moines, IA 50312, is a nonprofit organization dedicated to fostering economic development and community betterment. Through public policy research and promotion, education and training, and community-based philanthropy, they aim to equip electric cooperative members, community volunteers, and professional developers with necessary tools, resources, and technical assistance. This empowerment supports local economic developmental efforts. Additionally, the foundation undertakes or supports research, studies, and analyses of the economy or segments of the economy in Iowa to encourage further local economic development.


Official website here: www.iadg.com

Is Iowa Area Development Group Community Foundation legitimate?

Iowa Area Development Group Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iowa Area Development Group Community Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.iadg.com

What is the mission statement of Iowa Area Development Group Community Foundation?

The Iowa Area Development Group Community Foundation's mission is centered around fostering economic development and community betterment. It achieves this goal by conducting research and promotion of public policies, offering education and training, and facilitating community-based and guided philanthropy. The foundation also provides leadership development programs and seminars to educate electric cooperative members, community volunteers, and professional developers about tools, resources, and technical assistance to further local economic developmental efforts. Furthermore, resources are utilized for research, study, and analysis of the economy or segments of the economy in Iowa to encourage local economic development.


Official website here: www.iadg.com

Who is the CEO of Iowa Area Development Group Community Foundation?

Bruce Nuzum is the President of Iowa Area Development Group Community Foundation. The CEO's salary of Iowa Area Development Group Community Foundation is $0 and their total compensation is $78,815.


Official website here: www.iadg.com

What is the revenue of Iowa Area Development Group Community Foundation?

Iowa Area Development Group Community Foundation's revenue in 2022 was $283,671.


Official website here: www.iadg.com

Who are the executives of Iowa Area Development Group Community Foundation and what are their salaries?


Here are 10 key members and their salaries (Iowa Area Development Group Community Foundation's CEO's salary is $0 and their total compensation is $78,815):


Douglas H Aeilts (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Kuyper (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Nuzum (Ceo/Secretary/Treasurer)
  • Compensation: $0
  • Related: $233,481
  • Other: $88,745
Bill Cherrier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Washburn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Steinhoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marvin Newton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Heineman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Onken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rand Fisher (Former Ceo (Retired January 31 2022))
  • Compensation: $0
  • Related: $61,532
  • Other: $17,283


Official website here: www.iadg.com

Where can I find the form 990 for Iowa Area Development Group Community Foundation?

Iowa Area Development Group Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iadg.com

Learn more at the official website: www.iadg.com

Mission Statement of Iowa Area Development Group Community Foundation

The Iowa Area Development Group Community Foundation, in its mission, strives to foster economic development and community betterment. The organization accomplishes this by providing public policy research and promotion, education and training, and community-based and guided philanthropy. This multifaceted approach aims to equip individuals and communities with the necessary tools, resources, and technical assistance to drive local economic development efforts. Furthermore, the foundation undertakes or supports research, studies, and analyses of the economy or segments of the economy in Iowa, with the goal of encouraging local economic developmental endeavors.

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Impact




October, 2024

Iowa Area Development Group Community Foundation significantly impacts economic development and community betterment in Iowa through a comprehensive approach that includes public policy research, education, and community-guided philanthropy. By facilitating leadership development programs and seminars, the foundation educates electric cooperative members, community volunteers, and professional developers about tools and resources that can accelerate local economic initiatives.

The foundation's efforts in conducting research and analysis of Iowa's economy enable communities to identify opportunities for growth and improvement. This data-driven approach supports local economic development efforts, empowering communities to implement informed strategies that enhance their prosperity. Through its commitment to fostering collaboration and providing essential resources, the Iowa Area Development Group Community Foundation plays a vital role in strengthening the economic fabric of rural Iowa, ensuring that communities can thrive and adapt in a constantly changing environment.




This information is meant to be a general summary of Iowa Area Development Group Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$283,671 (2022)
Expenses
$56,454 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $78,910
  • Program Service Revenue: $202,451
  • Gross Receipts: $283,671

Assets and Liabilities:

  • Total Assets: $2,528,381
  • Total Liabilities: $0
  • Net Assets: $2,528,381

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

AFFILIATE FEES

Revenue

$202,361

SEMINAR FEES

Revenue

$90

Organization Details

Founding Year

2003

Principal Officer

Bruce Nuzum

Main Address

2600 GRAND AVENUE 430, DES MOINES, IA, 50312

NTEE Category

Code: T31 - Philanthropy

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