Skip to content

Iowa · Nonprofit

PARAMOUNT DEVELOPMENT INC

PARAMOUNT DEVELOPMENT INC (Iowa) receives grants from 1 organization whose IRS filings report $61,042 to it, the largest being POLK COUNTY HOUSING TRUST FUND ($61,042). 0 of them have funded it in more than one year.

Revenue FY2025
$209k
Funders on record
1
Grants received
$61k
Net assets
$7k
0/1 repeat funders
01What it does

What Paramount Development Inc does

Mission

The organization is organized primarily for the purpose of providing decent, affordable housing opportunities for extremely low-income to moderate-income households.

As stated on its FY2025 Form 990.

Program

  1. The organization is organized to provide decent, affordable housing opportunities for extremely low-income to moderate-income households.during 2025, the organization funded rehabilitation projects totaling $87,692 directly supporting 54 individuals and families

    $164,684 spentof which $87,692 as grants
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $164,684.

02The organization over time

The organization over time

Each line starts at 100 in 2024, so what you read is the shape rather than the size: 150 means half as much again as 2024, 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.

100 = 20242024 Revenue 100 ($378k) Expenses 100 ($403k) Net assets -398 ($-29057)2025 Revenue 55 ($209k) Expenses 43 ($173k) Net assets 100 ($7k)
20242025
Revenue (55)Expenses (43)Net assets (100)Peer revenue range

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 $21k to $9k (−56%).

$21k
$9k
20242025
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.

2024
2025
ContributionsProgram revenueInvestmentOther

100% of PARAMOUNT DEVELOPMENT INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (37% for the typical peer).

This organization
Typical peer · 8,334 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 2 reported years ran a deficit.

−$26k
’24
$36k
’25
0.5
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.

Board chair

Ken Matteson

Chairman

As listed on its FY2025 Form 990.

20242025
Listed88
Joined·+1
No longer listed·1
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'25*
total
funders
1

From the IRS filings of PARAMOUNT DEVELOPMENT INC’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.

Where its funders are

100% of PARAMOUNT DEVELOPMENT INC's grant income comes from Iowa funders.

IA

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

Against its field

PARAMOUNT DEVELOPMENT INC runs a healthier operating margin than three-quarters of the 4,980 housing & shelter nonprofits its size.

Operating margin17% · top quartile
Months of reserve0.5mo · bottom quartile
Revenue growth (annualized)−45% · bottom quartile

this organization peer median middle 50% of peers· 4,980 housing & shelter nonprofits $100k–$1M, FY2025

Government funding PARAMOUNT DEVELOPMENT INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $151 on record.

State$151
Top programs
  • REFUNDS - GENERAL $151

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like PARAMOUNT DEVELOPMENT INC

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

95% of spending goes to programs.

Program 95%Management 2%Fundraising 2%

Governance

6
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

0%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 2 related entities

  • Paramount I LLC · disregarded
  • Paramount II LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for PARAMOUNT DEVELOPMENT INC: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 PARAMOUNT DEVELOPMENT INC?
PARAMOUNT DEVELOPMENT INC (Iowa) receives grants from 1 organization whose IRS filings report $61,042 to it, the largest being POLK COUNTY HOUSING TRUST FUND ($61,042). 0 of them have funded it in more than one year.
How many funders does PARAMOUNT DEVELOPMENT INC have?
IRS filings report 1 organization giving $61,042 in grants to PARAMOUNT DEVELOPMENT INC.
Who is the largest funder of PARAMOUNT DEVELOPMENT INC?
POLK COUNTY HOUSING TRUST FUND is the largest funder on record, with $61,042 in grants. The full list of funders is on this page.
How can an organization like PARAMOUNT DEVELOPMENT INC 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 2024–2025), and the filings of 1 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