Iowa · Nonprofit
CEDAR RAPIDS METRO ECONOMIC ALLIANCE
CEDAR RAPIDS METRO ECONOMIC ALLIANCE (Iowa) receives grants from 5 organizations whose IRS filings report $256,000 to it, the largest being GreenState Credit Union ($140,000). 3 of them have funded it in more than one year.
- Revenue FY2025
- $4.4M
- Funders on record
- 5
- Grants received
- $256k
- Net assets
- $2.2M
What Cedar Rapids Metro Economic Alliance does
Mission
To drive economic, workforce and population growth strategies, and to help businesses succeed.
As stated on its FY2025 Form 990.
Programs
Economic and workforce development - under economic development the economic alliance's strategic goals are as follows: attract, grow and retain interstate commerce business. Our focus is targeted toward bio-processing/food ingredients, distribution/logistics, electronic equipment/design, food processing, financial services/insurance, information technology, process manufacturing and wind energy.1. Develop and maintain reports of data tools to assist with project management, business and workforce development.2. Coordinate and facilitate projects to utilize financial tools and programs for prospects and clients.3. Maintain and advance relationships with existing companies to identify growth and retention opportunities.4. Develop and implement strategies to improve recruitment of new companies. All programs and economic development efforts are designed to meet one or more of the goals. While many of our economic alliance staff spend time on economic development oriented programs, projects and initiatives, we have an economic development team who specifically focus on meeting our economic development strategic goals.workforce development supports workforce efforts by advancing…
Community development - under community development the economic alliance's strategic goals are as follows: grow core central districts in cedar rapids and support surrounding communities.1. Develop and begin implementation of an updated strategic plan for the cedar rapids downtown district and medical district.2. Assist the city of cedar rapids in its plan for flood protection and financial support.
Business support - under business support the economic alliance's strategic goals are as follows:create a strong business environment which supports all employers. Additionally, we will focus on small and locally-owned businesses to achieve the following:1. Engage and connect businesses through networking, community and professional development programs.2. Provide education and awareness on local, regional and state initiatives which enhance regional and state trade.
Leadership for five seasons: leadership for five seasons is a program developed and managed by the Cedar Rapids Metro Economic Alliance to prepare emerging and existing leaders in the cedar rapids area to be community trustees. The goal of the program is to empower and inspire diverse individuals to actively lead in shaping and enhancing our quality of life - supplying the community with informed, skilled leaders willing to serve as active volunteers. Impactcr: the concept is simple - provide our members the opportunity to connect, have a voice and make a difference in their community.public policy - the economic alliance is focused on public policy advocacy that supports the organization's other four core functions: business support, community development, economic development and regional development.the economic alliance collaborates with the business community and other stakeholders and partners, including local municipalities and entities, the u.s. Chamber of commerce and iowa chamber alliance to develop a local, state and federal policy agenda. We then provide a unified voice to advocate for pro-business and pro-growth issues key to our members and the region.
The 4 programs described on its FY2025 Form 990, listed largest first by expense.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $4.7M to $6.3M (+34%).
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.
Government-grant reliance: 2021 9% · 2022 3% · 2023 0% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 9 reported years ran a deficit.
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.
Board chair
Parmley Anne
Chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2021 and FY2022 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $5k → $31k.
Left out of every figure on this page: $251k from one payer (the payer shares this organization's board, largest Cedar Rapids Metro Economic Alliance Foundation). These are real filings, and they are not money CEDAR RAPIDS METRO ECONOMIC ALLIANCE raised.
From the IRS filings of CEDAR RAPIDS METRO ECONOMIC ALLIANCE’s funders (the co-funder graph). Top 4 of 5 funders by total. 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
CEDAR RAPIDS METRO ECONOMIC ALLIANCE leans on a few funders — its largest provides 55% of grant income and the top three 93%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
93% 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 CEDAR RAPIDS METRO ECONOMIC ALLIANCE.
Largest funder’s share by year: 2017 100% · 2018 67% · 2019 93% · 2020 56% · 2021 100% · 2022 100% · 2023 81% — diversifying over time.
“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
100% of CEDAR RAPIDS METRO ECONOMIC ALLIANCE's grant income comes from Iowa funders.
In-state vs out-of-state, by year
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.
Organizations like CEDAR RAPIDS METRO ECONOMIC ALLIANCE
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
Read directly from this organization’s own Form 990, as neutral context.
Governance
Footprint & structure
Part of a family of 2 related entities
- Cedar Rapids Metro Economic Alliance Foundation · exempt
- Eastern Iowa Alliance · exempt
Screen this organization
A dated, signed PDF of the compliance screen for CEDAR RAPIDS METRO ECONOMIC ALLIANCE: 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.
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 CEDAR RAPIDS METRO ECONOMIC ALLIANCE?
- CEDAR RAPIDS METRO ECONOMIC ALLIANCE (Iowa) receives grants from 5 organizations whose IRS filings report $256,000 to it, the largest being GreenState Credit Union ($140,000). 3 of them have funded it in more than one year.
- How many funders does CEDAR RAPIDS METRO ECONOMIC ALLIANCE have?
- IRS filings report 5 organizations giving $256,000 in grants to CEDAR RAPIDS METRO ECONOMIC ALLIANCE, 3 of which have funded it in more than one year.
- Who is the largest funder of CEDAR RAPIDS METRO ECONOMIC ALLIANCE?
- GreenState Credit Union is the largest funder on record, with $140,000 in grants. The full list of funders is on this page.
- How can an organization like CEDAR RAPIDS METRO ECONOMIC ALLIANCE 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.
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 5 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