Public Charity

MARION ECONOMIC DEVELOPMENT COMPANY

Based in MARION, IA, MARION ECONOMIC DEVELOPMENT COMPANY operates as a Public Charity. The organization reported $471K in revenue, $555K in expenses, $12.4M in total assets for fiscal year 2024. Imperigo tracks 6 reported grant relationships connected to this organization totaling approximately $49K.

EIN: 421318828 MARION, IA Latest filing: 2024
Total Revenue$471K
Total Expenses$555K
Total Assets$12.4M
Grant Records6
Funding Total$49K
Filing Years2020–2024

Mission

TO STRENGTHEN AND ENHANCE ECONOMIC DEVELOPMENT IN MARION

Officers & Directors

DIRECTOR Amy Kortmeyer
DIRECTOR Brian Gibbs
DIRECTOR Brian Rosteck
DIRECTOR Chad Pelley
INCOMING BOARD CHAIR Emily Kaiser
BOARD CHAIR Eric Schmitt

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$24,200 4 grants
DOWN PAYMENT ASSITAN
$15,000 1 grant
DOWN PMT ASSISTANCE
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $471K $555K $12.4M
2023 $497K $497K $12.6M
2022 $883K $708K $12.8M
2021 $1.3M $971K $12.7M
2020 $662K $786K $11.3M

Between 2020 and 2024, reported annual revenue declined from $662K to $471K (-29%), with total assets most recently reported at $12.4M.

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

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