Mission
ECONOMIC DEVELOPMENT LOANS.
Public Charity
CEDAR VALLEY GROWTH FUND I INC
CEDAR VALLEY GROWTH FUND I INC is a Public Charity headquartered in WATERLOO, IA. Financial data from the 2025 filing: $185K revenue, $84K expenses, $1.8M total assets. 1 publicly reported grants to this organization, totaling roughly $20K, appear in IRS filings.
EIN: 271044955
WATERLOO, IA
Small Business Development
NTEE: S43
Latest filing: 2025
Total Revenue$185K
Total Expenses$84K
Total Assets$1.8M
Grant Records1
Funding Total$20K
Filing Years2021–2025
Where $100 goes at Cedar Valley Growth Fund I Inc
How Cedar Valley Growth Fund I Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.
$58
Programs
the work itself
$42
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 $58 for programs
$58
Economic development loans
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.
Sample Grants Received
GRANT FOR ROYAL LEGACY CHRISTIAN ACADEMY LOAN
$20,000
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
ACCOUNTANT
Joseph Engelkes
VICE PRESIDENT
Steve Brustkern
PREISDENT
Steve Lindaman
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $185K | $84K | $1.8M |
| 2024 | $153K | $112K | $1.7M |
| 2023 | $178K | $112K | $1.8M |
| 2022 | $170K | $73K | $1.8M |
| 2021 | $195K | $574K | $1.9M |
Between 2021 and 2025, reported annual revenue declined from $195K to $185K (-5%), with total assets most recently reported at $1.8M.
Interactive year-over-year charts and full filing details available with membership.