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Iowa · Nonprofit

ADVANCE SOUTHWEST IOWA CORPORATION

ADVANCE SOUTHWEST IOWA CORPORATION (Iowa) receives grants from 6 organizations whose IRS filings report $1,347,329 to it, the largest being OMAHA DEVELOPMENT FOUNDATION ($618,300). 3 of them have funded it in more than one year.

Revenue FY2025
$837k
Funders on record
6
Grants received
$1.3M
Net assets
$539k
3/6 repeat funderspeak grant-dependency 64%
01What it does

What Advance Southwest Iowa Corporation does

Mission

Economic development marketing and recruiting services

As stated on its FY2025 Form 990.

Program

  1. Advance Southwest Iowa Corporation succeeds when we deliver meaningful economic growth that strengthens the communities of Pottawattamie County and the Southwest Iowa region. In 2024, Advance successfully landed 15 projects resulting in 277 new and/or retained jobs and $110.6 million in capital investmentdemonstrating our ability to attract and retain businesses that fuel local prosperity. Our success is driven by strategic partnerships, a commitment to entrepreneurial development, and a focus on real-world results. We measure our impact through job creation, private investment, and the cultivation of a resilient, diverse economy that enhances the quality of life for all who live and work in Southwest Iowa.

    $806,774 spent$836,595 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $806,774.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($220k) Expenses 100 ($224k) Net assets 100 ($133k)2018 Revenue 101 ($222k) Expenses 124 ($278k) Net assets 58 ($77k)2019 Revenue 196 ($431k) Expenses 173 ($388k) Net assets 90 ($120k)2020 Revenue 239 ($527k) Expenses 230 ($515k) Net assets 99 ($132k)2021 Revenue 228 ($501k) Expenses 206 ($463k) Net assets 125 ($166k)2022 Revenue 280 ($616k) Expenses 313 ($701k) Net assets 61 ($81k)2023 Revenue 411 ($904k) Expenses 333 ($747k) Net assets 178 ($237k)2024 Revenue 405 ($892k) Expenses 433 ($970k) Net assets 320 ($425k)2025 Revenue 380 ($837k) Expenses 392 ($879k) Net assets 405 ($539k)
'17'18'19'20'21'22'23'24'25
Revenue (380)Expenses (392)Net assets (405)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $425k to $725k (+70%).

$167k
$81k
$121k
$212k
$184k
$81k
$237k
$425k
$725k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 91% · 2018 96% · 2019 71% · 2020 65% · 2021 74% · 2022 52% · 2023 39% · 2024 34% · 2025 37%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$4k
’17
−$56k
’18
$44k
’19
$12k
’20
$39k
’21
−$85k
’22
$157k
’23
−$78k
’24
−$42k
’25
8.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Paula Hazlewood

CEO

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2020 and FY2021 filings.

'17'18'19'20'21'22'23'24'25
Listed81112121212111214
Joined·+4+4+5+2+3+0+2+4
No longer listed·13523112
03Who funds it

Who funds it, year by year

2019 → 2023: the base held at 2 funders, grant income fell $275k → $0.

Funder
'19
'20
'21
'22
'23
'24*
'25*
total
funders
2
2
3
3
2
3
1

From the IRS filings of ADVANCE SOUTHWEST IOWA CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ADVANCE SOUTHWEST IOWA CORPORATION leans on a few funders — its largest provides 46% of grant income and the top three 94%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

83% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ADVANCE SOUTHWEST IOWA CORPORATION.

46%
largest funder
94%
top three
~3
effective funders

Largest funder’s share by year: 2019 73% · 2020 50% · 2021 44% · 2022 96% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

ADVANCE SOUTHWEST IOWA CORPORATION draws 82% of its grant income from funders outside Iowa, across 2 states in all.

IA
NE

In-state vs out-of-state, by year

’19
’20
’21
’22
Iowa out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like ADVANCE SOUTHWEST IOWA CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Iowa

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 8%Fundraising 0%

Governance

12
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for ADVANCE SOUTHWEST IOWA CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ADVANCE SOUTHWEST IOWA CORPORATION?
ADVANCE SOUTHWEST IOWA CORPORATION (Iowa) receives grants from 6 organizations whose IRS filings report $1,347,329 to it, the largest being OMAHA DEVELOPMENT FOUNDATION ($618,300). 3 of them have funded it in more than one year.
How many funders does ADVANCE SOUTHWEST IOWA CORPORATION have?
IRS filings report 6 organizations giving $1,347,329 in grants to ADVANCE SOUTHWEST IOWA CORPORATION, 3 of which have funded it in more than one year.
Who is the largest funder of ADVANCE SOUTHWEST IOWA CORPORATION?
OMAHA DEVELOPMENT FOUNDATION is the largest funder on record, with $618,300 in grants. The full list of funders is on this page.
How can an organization like ADVANCE SOUTHWEST IOWA CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Advance Southwest Iowa →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing