Public Charity

WATERLOO DEVELOPMENT CORPORATION

WATERLOO DEVELOPMENT CORPORATION, of WATERLOO, IA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.7M in revenue, $347K in expenses, $2.6M in total assets. 12 publicly reported grants to this organization, totaling roughly $5.7M, appear in IRS filings.

EIN: 421505470 WATERLOO, IA Latest filing: 2024
Total Revenue$1.7M
Total Expenses$347K
Total Assets$2.6M
Grant Records12
Funding Total$5.7M
Filing Years2020–2024

Mission

ECONOMIC DEVELOPMENT

Sample Grants Received

2024
PROPERTY ACQUISITIONS/BLIGHT ELIMINATION/PROPERTY ZONING AND RENOVATIONS
$2,492,000
2022
INDOOR COURT FACILITY (HARD COURT TOURNAMENT CENTER), PROPERTY ACQUISITION
$1,029,250
2021
BRIDGE LIGHTING DESIGN FEES
$1,656,135
$74,900
2019
DOWNTOWN REVITALIZATION
$60,000

Showing up to 5 of 12 total records — full history available with membership.

Officers & Directors

PRESIDENT Daniel Watters
SECRETARY Eric Johnson
TREASURER Fabio Castro
DIRECTOR James Miller
DIRECTOR Kristin Schaefer
DIRECTOR (THRU 10/24) Rebecca Guinn

Officer compensation and complete director data available with membership.

Top Grant Purposes

PROPERTY ACQUISITIONS/BLIGHT ELIMINATION/PROPERTY ZONING AND RENOVATIONS
$2,492,000 1 grant
BRIDGE LIGHTING DESIGN FEES
$1,656,135 1 grant
INDOOR COURT FACILITY (HARD COURT TOURNAMENT CENTER), PROPERTY ACQUISITION
$1,029,250 1 grant
MARINA PROJECT
$250,000 1 grant
WATERLOO CURLING, ICE ARENA AND EVENT CENTER
$123,303 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.7M $347K $2.6M
2023 $694K $167K $1.2M
2022 $877K $482K $696K
2021 $124K $127K $301K
2020 $106K $107K $305K

Between 2020 and 2024, reported annual revenue grew from $106K to $1.7M (+1509%), with total assets most recently reported at $2.6M.

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

See the full picture for WATERLOO DEVELOPMENT CORPORATION

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