Public Charity

ALBIA INDUSTRIAL DEVELOPMENT CORPORATION

ALBIA INDUSTRIAL DEVELOPMENT CORPORATION is a nonprofit organization categorized as Public Charity based in ALBIA, IA. Its most recent IRS filing (2024) reports revenue of $178K, expenses of $169K, total assets of $197K. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $16K.

EIN: 420927912 ALBIA, IA Latest filing: 2024
Total Revenue$178K
Total Expenses$169K
Total Assets$197K
Grant Records2
Funding Total$16K
Filing Years2020–2024

Mission

PROMOTE THE ECONOMIC DEVELOPMENT AND EMPLOYMENT OPPORTUNITIES IN MONROE COUNTY, IOWA, INCLUDING THE CITY OF ALBIA BY ADVERTISING AND PUBLICIZING THE ADVANTAGES OF THE AREA AND ASSISTING IN LOCATING, DEVELOPING AND MAKING AVAILABLE SUITABLE INDUSTRIAL SITES AND LOCATIONS.

Officers & Directors

PRESIDENT Dan Tometich
DIRECTOR Jack Scieszinski
DIRECTOR Jim Vanklavern
DIRECTOR Joe Crall
DIRECTOR John Freshwater
DIRECTOR John Hughes

Officer compensation and complete director data available with membership.

Top Grant Purposes

ASSIST WITH AREA MARKETING / ADMINSTRATION
$8,000 1 grant
GRANT DISTRIBUTION
$8,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $178K $169K $197K
2023 $182K $168K $188K
2022 $118K $127K $201K
2021 $126K $128K $187K
2020 $206K $124K $187K

Between 2020 and 2024, reported annual revenue declined from $206K to $178K (-13%), with total assets most recently reported at $197K.

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

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