Public Charity

ALBIA AREA IMPROVEMENT ASSOCIATION

ALBIA AREA IMPROVEMENT ASSOCIATION is a Public Charity headquartered in ALBIA, IA. Financial data from the 2023 filing: $-30K revenue, $39K expenses, $1.1M total assets. 7 publicly reported grants to this organization, totaling roughly $318K, appear in IRS filings.

EIN: 421218704 ALBIA, IA Latest filing: 2023
Total Revenue$-30K
Total Expenses$39K
Total Assets$1.1M
Grant Records7
Funding Total$318K
Filing Years2019–2023

Mission

HISTORICAL PRESERVATION OF THE BUILDINGS IN THE COMMUNITY AND BEAUTIFICATION OF THE ALBIA, IOWA COMMUNITY.

Sample Grants Received

$10,000
$200,000
$23,500
2018
PURCHASE REAL ESTATE
$30,000

Showing up to 5 of 7 total records — full history available with membership.

Officers & Directors

DIRECTOR Dan Stocker
PRESIDENT Dan Tometich
DIRECTOR Loren Pence
DIRECTOR Ray Davis

Officer compensation and complete director data available with membership.

Top Grant Purposes

GRANT FOR THEATRE
$210,000 2 grants
KING OPERA HOUSE FACADE REPLACEMENT
$47,000 2 grants
PURCHASE REAL ESTATE
$30,000 1 grant
GRANT DISTRIBUTION FOR VARIOUS PROGRAMS AND SCHOOLS IN ALBIA COMMUNITY SCHOOL DISTRICT
$24,500 1 grant
KING OPERA HOUSE
$6,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2023 $-30K $39K $1.1M
2022 $78K $33K $1.2M
2021 $522K $68K $1.2M
2020 $336K $68K $744K
2019 $51K $71K $441K

Between 2019 and 2023, reported annual revenue moved from $51K to $-30K, with total assets most recently reported at $1.1M.

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

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