Public Charity

NORTH IOWA CORRIDOR ECONOMIC DEVELOPMENT CORPORATION

NORTH IOWA CORRIDOR ECONOMIC DEVELOPMENT CORPORATION is a Public Charity headquartered in MASON CITY, IA. Financial data from the 2025 filing: $659K revenue, $795K expenses, $2.3M total assets. 8 publicly reported grants to this organization, totaling roughly $178K, appear in IRS filings.

EIN: 753190471 MASON CITY, IA Latest filing: 2025
Total Revenue$659K
Total Expenses$795K
Total Assets$2.3M
Grant Records8
Funding Total$178K
Filing Years2020–2025

Mission

SUPPORT BUSINESS AND INDUSTRY WITH RETENTION AND EXPANSION PROJECTS AND ATTRACT NEW BUSINESS AND INDUSTRY TO CERRO GORDO COUNTY, MASON CITY AND CLEAR LAKE.

Officers & Directors

BOARD MEMBER Becky Schwab
BOARD MEMBER Bill Phillips
BOARD MEMBER Chad Hansen
PRESIDENT Chad Schreck
CHAIR Chelsy Snyder Anderson
BOARD MEMBER Chris Lovell

Officer compensation and complete director data available with membership.

Top Grant Purposes

COMMUNITY SUPPORT
$124,000 6 grants
FUND PROJECTS
$54,276 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $659K $795K $2.3M
2024 $937K $889K $2.4M
2023 $508K $490K $2.0M
2021 $473K $517K $2.1M
2020 $482K $487K $2.1M

Between 2020 and 2025, reported annual revenue grew from $482K to $659K (+37%), with total assets most recently reported at $2.3M.

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

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