Mission
To further the economic development of Spencer, Iowa, and surrounding areas.
Public Charity
SPENCER INDUSTRIES FOUNDATION INC
Based in Spencer, IA, SPENCER INDUSTRIES FOUNDATION INC operates as a Public Charity. The organization reported $2.7M in revenue, $1.2M in expenses, $1.9M in total assets for fiscal year 2025.
EIN: 420889788
Spencer, IA
Latest filing: 2025
Total Revenue$2.7M
Total Expenses$1.2M
Total Assets$1.9M
Grant Records0
Filing Years2021–2025
Where $100 goes at Spencer Industries Foundation Inc
How Spencer Industries Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$100
Programs
the work itself
<$1
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 $100 for programs
$100
To promote and assist the growth and development of business concerns in Spencer, Iowa and surrounding areas
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
Clark Cunningham
Director
Curt Strouth
Director
Jamie Story
Vice President
Jason Warren
Director
Kent Nelson
Director
Kerry Self
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.7M | $1.2M | $1.9M |
| 2024 | $9K | $55K | $296K |
| 2023 | $10K | $196K | $342K |
| 2022 | $345K | $232K | $529K |
| 2021 | $392K | $181K | $599K |
Between 2021 and 2025, reported annual revenue grew from $392K to $2.7M (+600%), with total assets most recently reported at $1.9M.
Interactive year-over-year charts and full filing details available with membership.