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Iowa · Nonprofit

SOUTHERN IOWA DEVELOPMENT GROUP LLC

SOUTHERN IOWA DEVELOPMENT GROUP LLC (Iowa) receives grants from 1 organization whose IRS filings report $6,000 to it, the largest being ALEGENT HEALTH-MERCY HOSPITAL CORNING IA ($6,000). 0 of them have funded it in more than one year.

Revenue FY2025
$85k
Funders on record
1
Grants received
$6k
Net assets
$3.3M
0/1 repeat funders
01What it does

What Southern Iowa Development Group LLC does

Mission

To further the economic development of the region, to promote and assist the growth and development of business and to stimulate business opportunities in the counties of adair, adams, clarke, decatur, union, madison, ringgold, and taylor in southern iowa.

As stated on its FY2025 Form 990.

Programs

  1. We closed on one new loan this fiscal year. We continue to service the existing outstanding loans. Additionally, 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 these loans, we require a certain number of jobs to be created and a certain amount of private investment in the project.

    $3,661 spent$40,017 earned by the program
    74% of program spending
  2. For the first time homebuyer program, we closed on no new loans in the fiscal year. We serviced the existing outstanding loans.

    $1,295 spent$69 earned by the program
    26% of program spending
  3. We also operate a small cities loan program where loans are made to cities for community facilities or equipment. During the year, we had no loans outstanding in relation to this program.

    $0 spent
    0% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,956.

02The organization over time

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.

100 = 20182018 Revenue 100 ($46k) Expenses 100 ($54k) Net assets 100 ($2.2M)2019 Revenue 126 ($57k) Expenses 115 ($62k) Net assets 100 ($2.2M)2020 Revenue 110 ($50k) Expenses 406 ($217k) Net assets 92 ($2.0M)2021 Revenue 2677 ($1.2M) Expenses 406 ($218k) Net assets 138 ($3.0M)2022 Revenue 514 ($234k) Expenses 109 ($59k) Net assets 146 ($3.2M)2023 Revenue 154 ($70k) Expenses 70 ($38k) Net assets 147 ($3.2M)2024 Revenue 136 ($62k) Expenses 66 ($35k) Net assets 149 ($3.3M)2025 Revenue 188 ($85k) Expenses 50 ($27k) Net assets 151 ($3.3M)
'18'19'20'21'22'23'24'25
Revenue (188)Expenses (50)Net assets (151)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 2020 to 2021, from $2.1M to $3.1M (+49%).

$2.2M
$2.2M
$2.1M
$3.1M
$3.3M
$3.3M
$3.3M
$3.3M
'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.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 27% · 2021 98% · 2022 89%. Grants only. Government contracts and fees sit inside program revenue.

0% of SOUTHERN IOWA DEVELOPMENT GROUP LLC’s revenue is contributions — more earned-revenue than three-quarters of its peers (77% for the typical peer).

This organization
Typical peer · 10,230 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

−$8k
’18
−$4k
’19
−$167k
’20
$1.0M
’21
$175k
’22
$32k
’23
$26k
’24
$59k
’25
895
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

Jerry Walker

Director/chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2021 and FY2022 filings.

'18'19'20'21'22'23'24'25
Listed1414141413141418
Joined·+2+1+3+0+7+1+5
No longer listed·2131611
03Who funds it

Who funds it, year by year

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

Funder
'17
total
funders
1

From the IRS filings of SOUTHERN IOWA DEVELOPMENT GROUP LLC’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

SOUTHERN IOWA DEVELOPMENT GROUP LLC draws 100% of its grant income from funders outside Iowa, across 1 state in all.

AZ

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

SOUTHERN IOWA DEVELOPMENT GROUP LLC runs a healthier operating margin than three-quarters of the 6,328 community improvement nonprofits its size.

Operating margin69% · top quartile
Months of reserve895.0mo · outside the comparable range
Revenue growth (annualized)9% · top quartile

this organization peer median middle 50% of peers· 6,328 community improvement nonprofits under $100k, FY2025

Government funding SOUTHERN IOWA DEVELOPMENT GROUP LLC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.5M on record.

Federal$1.5M
grants $1.5Mcontracts $0
Top agencies
  • Department of Commerce$1.5M

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 SOUTHERN IOWA DEVELOPMENT GROUP LLC

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

19% of spending goes to programs.

Program 19%Management 81%Fundraising 0%

Governance

14
board members
93%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

93%

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

  • Southern Iowa Council of Governments · exempt
  • Southern Iowa Cog Housing Trust Fund Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for SOUTHERN IOWA DEVELOPMENT GROUP LLC: 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 SOUTHERN IOWA DEVELOPMENT GROUP LLC?
SOUTHERN IOWA DEVELOPMENT GROUP LLC (Iowa) receives grants from 1 organization whose IRS filings report $6,000 to it, the largest being ALEGENT HEALTH-MERCY HOSPITAL CORNING IA ($6,000). 0 of them have funded it in more than one year.
How many funders does SOUTHERN IOWA DEVELOPMENT GROUP LLC have?
IRS filings report 1 organization giving $6,000 in grants to SOUTHERN IOWA DEVELOPMENT GROUP LLC.
Who is the largest funder of SOUTHERN IOWA DEVELOPMENT GROUP LLC?
ALEGENT HEALTH-MERCY HOSPITAL CORNING IA is the largest funder on record, with $6,000 in grants. The full list of funders is on this page.
How can an organization like SOUTHERN IOWA DEVELOPMENT GROUP LLC 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 Southern Iowa Development Group LLC →

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