Iowa · Nonprofit
REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC
REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC (Iowa) receives grants from 1 organization whose IRS filings report $756,250 to it, the largest being OTTUMWA REGIONAL LEGACY FOUNDATION INC ($756,250). 1 of them have funded it in more than one year.
- Revenue FY2025
- $55k
- Funders on record
- 1
- Grants received
- $756k
- Net assets
- $2.4M
What Regional Economic Development Investments Inc does
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.
As stated on its FY2025 Form 990.
Program
In regards to the grant from the economic development administration, we are able to service outstanding loans. Many contacts were made with potential new industries. We provide gap financing to assist companies in obtaining loans from banks and grants from the state. With the repayable loans, we require a certian number of jobs to be created, depending on the size of the loan, and a surcharge is assessed if the employment goals are not met.
$74,058 spent$55,315 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $74,058.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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 $1.4M to $2.1M (+54%).
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 94% · 2022 88%. Grants only. Government contracts and fees sit inside program revenue.
0% of REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (77% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 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
Mike Hadley
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2018: the base held at 1 funder, grant income fell $529k → $228k.
From the IRS filings of REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS 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 REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC'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.
Against its field
REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC holds deeper cash reserves than three-quarters of the 6,328 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 6,328 community improvement nonprofits under $100k, FY2025
Organizations like REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
100% of spending goes to programs.
Governance
Public support
100%
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 REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS 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.
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 REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC?
- REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC (Iowa) receives grants from 1 organization whose IRS filings report $756,250 to it, the largest being OTTUMWA REGIONAL LEGACY FOUNDATION INC ($756,250). 1 of them have funded it in more than one year.
- How many funders does REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC have?
- IRS filings report 1 organization giving $756,250 in grants to REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC, 1 of which have funded it in more than one year.
- Who is the largest funder of REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC?
- OTTUMWA REGIONAL LEGACY FOUNDATION INC is the largest funder on record, with $756,250 in grants. The full list of funders is on this page.
- How can an organization like REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS 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 2018–2025), 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