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.
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
Where $100 goes at Le Mars Business Initiative Corp
How Le Mars Business Initiative Corp divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$95
Programs
the work itself
$5
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $95 for programs
$95
To promote business and economic development in the greater Le Mars area
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
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.