Small Public Charity

IOWA CITY AREA DEVELOPMENT GROUP INC

IOWA CITY AREA DEVELOPMENT GROUP INC is a Small Public Charity headquartered in IOWA CITY, IA. Financial data from the 2025 filing: $35K total assets. 22 publicly reported grants to this organization, totaling roughly $514K, appear in IRS filings.

EIN: 421234837 IOWA CITY, IA Latest filing: 2025
Total Assets$35K
Grant Records22
Funding Total$514K
Filing Years2020–2025

Mission

THE ORGANIZATION PROMOTES, DEVELOPS AND ADVANCES THE BUSINESS COMMUNITY IN IOWA CITY AND THE SURROUNDING AREA. IN ADDITION, THE ORGANIZATION CONNECTS BUSINESS AND INDUSTRY WITH FEDERAL, STATE AND LOCAL RESOURCES TO ENABLE AND STIMULATE AREA ECONOMIC GROWTH THROUGH BUSINESS.

Officers & Directors

TREASURER Geoff Fruin
CHAIR Jennie Wunderlich
SECRETARY John Landon
CEO Nancy Bird
VICE CHAIR Nick Lindsley
PAST CHAIR Todd Means

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL OPERATING
$155,000 5 grants
GENERAL SUPPORT
$155,000 6 grants
FY2017 INVESTMENT CONTRIBUTION
$70,000 1 grant
General Support
$60,000 5 grants
TO SUPPORT THE MISSION OF THE ORGANIZATION
$31,956 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $35K
2024 $35K
2023 $1.4M $1.4M $920K
2021 $1.3M $925K $890K
2020 $1.2M $1.1M $491K

Between 2020 and 2023, reported annual revenue grew from $1.2M to $1.4M (+25%), with total assets most recently reported at $35K.

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

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