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US nonprofit · EIN 830361044 · Des Moines, IAiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 830361044) - NTEE activity code, address.Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe tenure.Latest return IRS Form 990 series e-file data - 990 for the year to 31 December 2024: assets, liabilities, staff, website, telephone, pay, related organisations (Schedule R), grants paid (Schedule I).Finances by year IRS Form 990 e-file data - total revenue and total expenses by tax year.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue (us-approach-v4-clean). Not a statement that the organisation is recruiting.Deductibility IRS Publication 78 data (code PC), downloaded 18 October 2026.Licence US Federal Government public domain.How we handle data

Iowa Area Development Group L C

Donations deductible
Revenue
$399k
year to 31 December 2024
Expenses
$258k
year to 31 December 2024
Total assets
$3.3m
$0 liabilities
Net assets
$3.3m
assets less liabilities
Directors and trustees
7
5.8y av
Staff
0
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Voting members
7
reported in Part VI
How am I connected?

Iowa Area Development Group L C's network

7 people6 organisationsi7 people and 6 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (7). Violet dotted lines (10) 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

7 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 7 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
Bruce NuzumCEO2018
8 yrs
David OnkenDirector2020
6 yrs
Douglas H AeiltsPresident2018
8 yrs
Jacob OlberdingVice President2024
2 yrs
Matt WashburnSecretary/Treasurer2018
8 yrs
Norm MajorDirector2024
2 yrs
Ron SteinhoffDirector2022
4 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.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Douglas H AeiltsPresident0$0
Jacob OlberdingVice President0$0
Bruce NuzumCEO20$0$263k$96k
Matt WashburnSecretary/Treasurer0$0
Ron SteinhoffDirector0$0
David OnkenDirector0$0
Norm MajorDirector0$0

About

Legal name
Iowa Area Development Group L C
EIN
830361044
Address
2600 Grand Ave Ste 430, Des Moines, IA, 50312-5366
State
Iowa
Mission
The mission of the iowa area development group community foundation is to foster economic development and community betterment by providing public policy research and promotion; education and training; and community based and guided philanthropy. (as filed on the Form 990)
Activity (NTEE)
T31 Philanthropy, voluntary services and grantmaking
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
Philanthropy, Voluntarism & Grantmaking Foundations
Size band
6 (IRS master file code)
Formed
2003
Principal officer
Bruce Nuzum (as named on the Form 990)
IRS ruling date
1 December 2003
Status
Code 01 (unconditional exemption)
Form 990 filings on record
7, latest 2024
IRS Publication 78
PC (contributions deductible)

Most connected

Related organisations (Schedule R)

RelatedECONOMIC DEVELOPMENTIowa Area Development Group Lc

Longest observed on the filings

≥8years on the filingsBruce Nuzum
≥8years on the filingsDouglas H Aeilts
≥8years on the filingsMatt Washburn
≥6years on the filingsDavid Onken

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
$3.3m
Total liabilities
$0
Net assets or fund balances
$3.3m
Contributions and grants received
$2k
Program service revenue
$223k
Grants and similar paid out
$67k
Employees
0

Filed finances

1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.
Tax yearTotal revenueTotal expensesSurplus or deficit
2024$399k$258k$141k

As filed on the IRS Form 990. US dollars.

Grants paid

3 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.
RecipientPurposeAmount
Community Foundation of Greater Des MoinesAssistance with staffing support for iowa can affiliates$35k
Hancock County Foundation (Co Comm FDN GTR Des Moines)Rural affiliate capacity building program$10k
Keokuk County Community Endowment FoundationRural affiliate capacity building program$10k