Public Charity

One Economy Financial Development Corp

One Economy Financial Development Corp is a nonprofit organization categorized as Public Charity based in DES MOINES, IA. Its most recent IRS filing (2024) reports revenue of $251K, expenses of $271K, total assets of $577K. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $208K.

EIN: 833749919 DES MOINES, IA Latest filing: 2024
Total Revenue$251K
Total Expenses$271K
Total Assets$577K
Grant Records7
Funding Total$208K
Filing Years2021–2024

Mission

CREATE A PATHWAY TO FINANCIAL STABILITY AND WEALTH AMONG LOW TO MODERATE INCOME INDIVIDUALS AND SMALL BUSINESSES WITH AN EMPHASIS ON THE BLACK COMMUNITY IN CENTRAL IOWA.

Officers & Directors

Board Member Alexis Davis
Board Member Aliou Keita
BOARD MEMBER Amelia Lobo
BOARD MEMBER Colin Pennycooke
BOARD TREASURER David Attaway
Board Member Dr Marvin Dejear

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL PROGRAM SUPPORT
$110,000 2 grants
OEFDC PROGRAM
$46,506 2 grants
CIVIC CLINIC
$25,000 1 grant
FUNDING TO SUPPORT THE ONGOING WORK OF THE ONE ECONOMY FINANCIAL DEVELOPMENT CORPORATION.
$13,250 1 grant
SMALL DOLLAR LOAN PROGRAM
$13,250 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $251K $271K $577K
2023 $193K $280K $666K
2022 $170K $183K $616K
2021 $424K $93K $443K

Between 2021 and 2024, reported annual revenue declined from $424K to $251K (-41%), with total assets most recently reported at $577K.

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

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