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REGIONAL ECONOMIC DEVELOPMENT

EIN: 42-1359539Ottumwa, IAZIP: 52501
S31Z - Community Improvement & Capacity Building501(c)(3)

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.

Financials

YearRevenueExpensesAssets
2023$67k$0$2.4M
2022$51k$0$2.3M

Compensation

2023

DALE HOUSE
Vice-chairman
officer (unspecified)
$0
$0
$0
$0
MATT GREINER
Member
board member
$0
$0
$0
$0
MARK GROENENDYK
Member
board member
$0
$0
$0
$0
MIKE HADLEY
Chairman
board chair
$0
$0
$0
$0
JOHN HELGERSON
Member
board member
$0
$0
$0
$0
JIM MORLAN
Member
board member
$0
$0
$0
$0
LEE DIMMITT
Member
board member
$0
$0
$0
$0
EMILY STARNES
Member
board member
$0
$0
$0
$0
BRYAN ZIEGLER
Treasurer
officer (unspecified)
$0
$0
$0
$0
DAVE HENDERSON
Member
board member
$0
$0
$0
$0

2022

DONNIE GARRETT
Member
board member
$0
$0
$0
$0
TOM FLAHERTY
Member
board member
$0
$0
$0
$0
MATT GREINER
Member
board member
$0
$0
$0
$0
DEE SANDQUIST
Member
board member
$0
$0
$0
$0
JOHN HELGERSON
Member
board member
$0
$0
$0
$0
MARK GROENENDYK
Member
board member
$0
$0
$0
$0
DALE HOUSE
Vice-Chairman
officer (unspecified)
$0
$0
$0
$0
JIM MORLAN
Member
board member
$0
$0
$0
$0
MIKE HADLEY
Chairman
board chair
$0
$0
$0
$0
DAVE HENDERSON
Member
board member
$0
$0
$0
$0
BRYAN ZIEGLER
Treasurer
officer (unspecified)
$0
$0
$0
$0

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Data from IRS Form 990 filings (2022-2023).