Mission
CHANGING THE WORLD FOR PEOPLE WITH DISABILITIES BY PROVIDING OPPORTUNITIES AND SKILLS NECESSARY TO FULFILL NEEDS AND PURSUE DREAMS.
Public Charity
PROGRESS INDUSTRIES
Based in NEWTON, IA, PROGRESS INDUSTRIES operates as a Public Charity. The organization reported $12.5M in revenue, $12.8M in expenses, $5.3M in total assets for fiscal year 2025. Imperigo tracks 10 reported grant relationships connected to this organization totaling approximately $122K.
EIN: 421122161
NEWTON, IA
Vocational Rehabilitation
NTEE: J30
Latest filing: 2025
Total Revenue$12.5M
Total Expenses$12.8M
Total Assets$5.3M
Grant Records10
Funding Total$122K
Filing Years2021–2025
Where $100 goes at Progress Industries
How Progress Industries divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$91
Programs
the work itself
$9
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 $91 for programs
$88
Residential programs
$3
Vocational programs
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
For grant recipient's exempt purposes
$52,000
GRANT DISTRIBUTION
$10,000
ENHANCING FINANCIAL INDEPENDENCE FOR INDIVIDUALS WITH DISABILITIES
$7,500
ROAD TO INDEPENDENCE
$10,000
GRANT DISTRIBUTION
$10,000
Showing up to 5 of 10 total records — full history available with membership.
Officers & Directors
TRUSTEE
Brett Lundberg
VICE CHAIR
Ed Banfield
TRUSTEE
Erin Yeager
TRUSTEE
Gary Pearson
TRUSTEE
Jenny Hamand
CHAIR
Jody L Eaton
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $12.5M | $12.8M | $5.3M |
| 2024 | $13.3M | $12.9M | $5.9M |
| 2023 | $12.9M | $12.8M | $5.5M |
| 2022 | $12.6M | $12.1M | $5.1M |
| 2021 | $14.1M | $12.0M | $4.6M |
Between 2021 and 2025, reported annual revenue declined from $14.1M to $12.5M (-11%), with total assets most recently reported at $5.3M.
Interactive year-over-year charts and full filing details available with membership.