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Grow Iowa Foundation Inc.

Grow Iowa Foundation Inc.

Lenox, IA
Tax ID42-1441118

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About this organization

Revenue

$126,092

Expenses

$70,610

Mission

Provide financial assistance to businesses and individuals located in Southwest Iowa in order to further economic development.

About

Grow Iowa Foundation has secured revolving loan funds from the USDA and other sources to help promote economic development in Southwest Iowa. It provides technical assistance to help businesses and individuals with business plans, investigating financing options and grant resources.

Interesting data from their 2019 990 filing

The non-profit's mission, as documented in the filing, is “Provide financial assistance to businesses and individuals located in southwest iowa in order to further economic development.”.

When explaining its purpose, the activities were described as: “Provide financial assistance to businesses and individuals located in southwest iowa in order to further economic development.”.

  • The non-profit is legally allowed to operate in the state of IA, as reported.
  • The filing provides the non-profit's address in 2019 as PO BOX 51, LENOX, IA, 50851.
  • The non-profit has a total of 2 employees, as reported on their form for 2019.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are less than $100,000.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is $55,482.
  • The CEO compensation strategy within the organization is determined through a review and approval process by a neutral party.
  • The organization has 5 independent voting members.
  • The organization was formed in 1995.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule O.
  • The organization pays $37,677 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization's financial statements were reviewed by an accountant.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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