Iowa · Nonprofit
INVEST DSM
INVEST DSM (Iowa) receives grants from 2 organizations whose IRS filings report $90,087 to it, the largest being Wells Fargo Foundation ($90,000). 2 of them have funded it in more than one year.
- Revenue FY2025
- $10M
- Funders on record
- 2
- Grants received
- $90k
- Net assets
- $24M
What Invest Dsm does
Mission
Provide holistic and innovative solutions that strengthen neighborhoods. We do this through strategic investments in real estate and partnerships to improve quality of life.
As stated on its FY2025 Form 990.
Program
Provide holistic and innovative solutions that strengthen neighborhoods.
$12,492,719 spentof which $6,677,074 as grants$29,823 earned by the program100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $12,492,719.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $4.8M to $16M (+240%).
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: 2020 99% · 2021 100% · 2022 95% · 2023 97% · 2024 94% · 2025 96%. Grants only. Government contracts and fees sit inside program revenue.
96% of INVEST DSM’s revenue is contributions — more reliant on donations than three-quarters of its peers (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 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.
Chief executive
Theresa Greenfield
Executive director
Board chair
Connie Boesen
Chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2024 and FY2025 filings.
Who funds it, year by year
2020 → 2023: the base held at 1 funder, grant income rose $8 → $23.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $4.3M from one payer (the payer shares this organization's board, largest Community Fdn of Greater Des Moines F/K/A Greater Des Moines Community Fdn). These are real filings, and they are not money INVEST DSM raised.
From the IRS filings of INVEST DSM’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
INVEST DSM leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.
“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
INVEST DSM draws 100% of its grant income from funders outside Iowa, across 1 state in all.
Funder states come from each funder’s own filing. $87 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Against its field
INVEST DSM is better cushioned than half of the 488 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 488 housing & shelter nonprofits $10M–$100M, FY2025
Organizations like INVEST DSM
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.
Where the money goes
95% of spending goes to programs.
Governance
Public support
97%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for INVEST DSM: 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 INVEST DSM?
- INVEST DSM (Iowa) receives grants from 2 organizations whose IRS filings report $90,087 to it, the largest being Wells Fargo Foundation ($90,000). 2 of them have funded it in more than one year.
- How many funders does INVEST DSM have?
- IRS filings report 2 organizations giving $90,087 in grants to INVEST DSM, 2 of which have funded it in more than one year.
- Who is the largest funder of INVEST DSM?
- Wells Fargo Foundation is the largest funder on record, with $90,000 in grants. The full list of funders is on this page.
- How can an organization like INVEST DSM 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 2020–2025), and the filings of 2 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 22, 2026. What this page cannot tell you · view filing