Public Charity

SOUTHERN IOWA DEVELOPMENT GROUP LLC

SOUTHERN IOWA DEVELOPMENT GROUP LLC, of CRESTON, IA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $85K in revenue, $27K in expenses, $3.3M in total assets. 1 publicly reported grants to this organization, totaling roughly $6K, appear in IRS filings.

EIN: 421301169 CRESTON, IA Rural Economic Development NTEE: S32 Latest filing: 2025
Total Revenue$85K
Total Expenses$27K
Total Assets$3.3M
Grant Records1
Funding Total$6K
Filing Years2021–2025

Mission

TO FURTHER THE ECONOMIC DEVELOPMENT OF THE REGION, TO PROMOTE AND ASSIST THE GROWTH AND DEVELOPMENT OF BUSINESS AND TO STIMULATE BUSINESS OPPORTUNITIES IN THE COUNTIES OF ADAIR, ADAMS, CLARKE, DECATUR, UNION, MADISON, RINGGOLD, AND TAYLOR IN SOUTHERN IOWA.

Where $100 goes at Southern Iowa Development Group LLC

How Southern Iowa Development Group LLC divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$97 Programs the work itself
$3 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 $97 for programs

$57
We closed on one new loan this fiscal year
58% of program spending
$20
For the first time homebuyer program, we closed on no new loans in the fiscal year
21% of program spending
$20
We also operate a small cities loan program where loans are made to cities for community facilities or equipment
About 21% (cost not reported)
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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 Ashley Eckels
EXECUTIVE DIRECTOR UNTIL DECEMBER 2024 Beth Waddle
DIRECTOR Colby Holmes
DIRECTOR/VICE-CHAIR Diane Fitch
DIRECTOR Doug Davidson
DIRECTOR Doug Tharp

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$6,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $85K $27K $3.3M
2024 $62K $35K $3.3M
2023 $70K $38K $3.3M
2022 $234K $59K $3.3M
2021 $1.2M $218K $3.1M

Between 2021 and 2025, reported annual revenue declined from $1.2M to $85K (-93%), with total assets most recently reported at $3.3M.

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

See the full picture for SOUTHERN IOWA DEVELOPMENT GROUP LLC

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