Public Charity

REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC

REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC is a Public Charity headquartered in OTTUMWA, IA. Financial data from the 2025 filing: $55K revenue, $74K expenses, $2.4M total assets. IRS filings disclose 8 grants awarded by this foundation, totaling roughly $1.1M.

EIN: 421359539 OTTUMWA, IA Latest filing: 2025
Total Revenue$55K
Total Expenses$74K
Total Assets$2.4M
Grants Given8
Grant Total$1.1M
Filing Years2021–2025

Mission

ADMINISTRATION OF A REVOLVING LOAN FUND. OUR MISSION IS TO PROVIDE LOANS TO BUSINESSES IN THE AREA BY ISSUING GAP FINANCING IN ORDER TO LEVERAGE LOANS FROM BANKS AND GRANTS FROM THE STATE. OUR OBJECTIVE IS TO USE THESE LOANS TO INCREASE THE EMPLOYMENT BASE IN THE AREA. IN ADDITION, WE ALSO PROVIDED FORGIVABLE LOANS TO BUSINESSES IN WAPELLO COUNTY, THESE FORGIVABLE LOANS ARE MADE IN ORDER TO INCREASE BUSINESS AND EMPLOYMENT IN THE AREA.

Sample Grants Given

C & C MFG LAND CO LLC
CENTERVILLE, IA · 2021
JOB CREATION
$49,000
C & C MFG LAND CO LLC
CENTERVILLE, IA · 2020
JOB CREATION
$49,000
C & C MANUFACTURING
OTTUMWA, IA · 2019
$49,000
TLC DEVELOPERS
CEDAR RAPIDS, IA · 2018
$163,334
C & C MANUFACTURING
OTTUMWA, IA · 2018
$49,000

Showing up to 5 of 8 total records — full history available with membership.

Officers & Directors

TREASURER Bryan Ziegler
VICE-CHAIRMAN Dale House
MEMBER Dave Henderson
MEMBER Emily Starnes
MEMBER Jim Morlan
MEMBER John Helgerson

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$996,917 6 grants
JOB CREATION
$98,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $55K $74K $2.4M
2024 $67K $23K $2.4M
2023 $51K $17K $2.3M
2022 $387K $196K $2.3M
2021 $830K $100K $2.1M

Between 2021 and 2025, reported annual revenue declined from $830K to $55K (-93%), with total assets most recently reported at $2.4M.

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

Grant Geography

Grants from this foundation were reported to recipients in IA.

IA

Full geographic grant map with state-by-state breakdown available with membership.

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