Public Charity

LE MARS BUSINESS INITIATIVE CORP

LE MARS BUSINESS INITIATIVE CORP is a nonprofit organization categorized as Public Charity based in LE MARS, IA. Its most recent IRS filing (2025) reports revenue of $1.3M, expenses of $254K, total assets of $24.7M.

EIN: 237043864 LE MARS, IA Business & Industry NTEE: S40 Latest filing: 2025
Total Revenue$1.3M
Total Expenses$254K
Total Assets$24.7M
Grant Records0
Filing Years2021–2025

Mission

ALL ACTIVITIES ARE TO ENHANCE BUSINESSES IN THE COMMUNITY OF LE MARS, IOWA AND TO PROVIDE ASSISTANCE IN THE DEVELOPMENT OF THE NEW WELLS BLUE BUNNY CORPORATE CAMPUS.

Officers & Directors

DIRECTOR Adam Baumgartner
DIRECTOR Adam Lloyd
DIRECTOR Brad Cave
DIRECTOR Brad Pick
DIRECTOR Brian Bruns
DIRECTOR Dustin Wright

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $1.3M $254K $24.7M
2024 $1.1M $311K $22.7M
2023 $1.2M $193K $21.4M
2022 $1.1M $169K $21.5M
2021 $944K $273K $22.4M

Between 2021 and 2025, reported annual revenue grew from $944K to $1.3M (+37%), with total assets most recently reported at $24.7M.

Interactive year-over-year charts and full filing details available with membership.

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