Iowa Development Corporation
Iowa Development Corporation's network
8 people6 organisationsi8 people and 6 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (8). Violet dotted lines (6) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
8 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 8 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Adam Gregg | Director | 2024 | 2 yrs |
| Bruce Tamisiea | Vice President | 2018 | 8 yrs |
| Daniel T Robeson | Executive Dir. | 2018 | 8 yrs |
| Dennis Murdock | President | 2018 | 8 yrs |
| John Linch | Director | 2018 | 8 yrs |
| John Rigler III | Director | 2019 | 7 yrs |
| John Sorensen | Treasurer | 2018 | 8 yrs |
| Rand Fisher | Company secretary | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Dennis Murdock | President | 1 | $0 | ||
| John Linch | Director | 1 | $0 | ||
| John Sorensen | Treasurer | 1 | $0 | ||
| Bruce Tamisiea | Vice President | 1 | $0 | ||
| Daniel T Robeson | Executive Dir. | 1 | $0 | ||
| Rand Fisher | Secretary | 1 | $0 | ||
| John Rigler III | Director | 1 | $0 | ||
| Adam Gregg | Director | 1 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Iowa Development Corporation
- EIN
- 262000451
- Address
- 5409 Nw 88th St Ste 100, Johnston, IA, 50131-3177
- State
- Iowa
- Mission
- To serve as a managing member of a community development entity organized to provide investment capital to low-income communities or low-income persons within the state of iowa pursuant to the community renewal tax relief act of 2000. (as filed on the Form 990)
- Activity (NTEE)
- S20 Community improvement and capacity building
- IRS classification
- 501(c)04 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 6 (IRS master file code)
- Formed
- 2003
- IRS ruling date
- 1 February 2009
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
Most connected
Longest observed on the filings
≥8years on the filingsBruce Tamisiea
≥8years on the filingsDaniel T Robeson
≥8years on the filingsDennis Murdock
≥8years on the filingsJohn Linch
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $1.9m
- Total liabilities
- $0
- Net assets or fund balances
- $1.9m
- Contributions and grants received
- $0
- Program service revenue
- $0
- Employees
- 0
- Volunteers
- 16
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $875k | $848k | $27k |
As filed on the IRS Form 990. US dollars.
State registration
1 entityiBusiness-entity registers published by US states. These records are matched to this organisation by name and state, not by EIN, and are labelled as likely matches. Street addresses are not shown.Iowa Development Corporation likely matchiMatched by exact name and state (and ZIP where shown). State registers do not publish EINs, so this is not a confirmed match. Source: Iowa Secretary of State, active business entities (data.iowa.gov ez5t-3qay). Licence: CC BY 4.0. Attribution: Iowa Secretary of State. Data last fetched 18 October 2026.
- State
- Iowa
- Entity type
- Revised Domestic Non-Profit
- Status
- Active
- Formed
- 28 August 2003
- Registered agent
- John H. Bunz (city and state not held)