Mission
To strengthen and enhance econonmic developement in marion
Public Charity
Marion Economic development company
Based in Marion, IA, Marion Economic development company operates as a Public Charity. The organization reported $613K in revenue, $540K in expenses, $825K in total assets for fiscal year 2025. Imperigo tracks 6 reported grant relationships connected to this organization totaling approximately $49K.
EIN: 421318828
Marion, IA
Latest filing: 2025
Total Revenue$613K
Total Expenses$540K
Total Assets$825K
Grant Records6
Funding Total$49K
Filing Years2021–2025
Where $100 goes at Marion Economic development company
How Marion Economic development company divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$84
Programs
the work itself
$16
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 $84 for programs
$21
Facilitate relationships between existing businesses and the city of Marion
$21
Community and educational outreach Establish Relationships with potential new businesses to move into Marion
$21
Facilitate relationships between existing businesses and the city of Marion
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
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
GENERAL SUPPORT
$6,050
GENERAL SUPPORT
$6,050
DOWN PAYMENT ASSITAN
$15,000
GENERAL SUPPORT
$6,050
DOWN PMT ASSISTANCE
$10,000
Showing up to 5 of 6 total records — full history available with membership.
Officers & Directors
Director
Amy Kortmeyer
Director
Brian Gibbs
Director
Brian Rosteck
Director
Chad Pelley
Board Chair
Emily Kaiser
Director
Eric Schmitt
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $613K | $540K | $825K |
| 2024 | $471K | $555K | $12.4M |
| 2023 | $497K | $497K | $12.6M |
| 2022 | $883K | $708K | $12.8M |
| 2021 | $1.3M | $971K | $12.7M |
Between 2021 and 2025, reported annual revenue declined from $1.3M to $613K (-53%), with total assets most recently reported at $825K.
Interactive year-over-year charts and full filing details available with membership.