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.
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 (2025) reports revenue of $194K, expenses of $231K, total assets of $529K. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $208K.
EIN: 833749919
DES MOINES, IA
Community & Neighborhood Development
NTEE: S20
Latest filing: 2025
Total Revenue$194K
Total Expenses$231K
Total Assets$529K
Grant Records7
Funding Total$208K
Filing Years2021–2025
Where $100 goes at One Economy Financial Development Corp
How One Economy Financial Development Corp divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.
$85
Programs
the work itself
$15
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $85 for programs
$85
The solidarity loan program makes loans to those unserved or underserved by the traditional banking system
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL PROGRAM SUPPORT
$90,000
OEFDC PROGRAM
$23,256
OEFDC PROGRAM
$23,250
SMALL DOLLAR LOAN PROGRAM
$13,250
CIVIC CLINIC
$25,000
Showing up to 5 of 7 total records — full history available with membership.
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
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $194K | $231K | $529K |
| 2024 | $251K | $271K | $577K |
| 2023 | $193K | $280K | $666K |
| 2022 | $170K | $183K | $616K |
| 2021 | $406K | $93K | $187K |
Between 2021 and 2025, reported annual revenue declined from $406K to $194K (-52%), with total assets most recently reported at $529K.
Interactive year-over-year charts and full filing details available with membership.