MARION ECONOMIC DEVELOPMENT COMPANYPub 78
Pub 78
AI Summary
The Marion Economic Development Company (EIN: 42-1318828) is a nonprofit organization dedicated to strengthening and enhancing economic development in Marion, Iowa. With an operating budget of $554.8K and total revenue of $470.8K for the 2024 filing year, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. More information about their initiatives can be found on their website, www.medcoiowa.org.
Mission Statement
TO STRENGTHEN AND ENHANCE ECONOMIC DEVELOPMENT IN MARION
Cause Areas
1
Economic development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Funder
Total Funding
Funding Share
COLLINS COMMUNITY CREDIT UNION
Cedar Rapids, IA, US
$229K
14%
HOUSING FUND FOR LINN COUNTY
Cedar Rapids, IA, US
$2.9M
< 1%
Frequently Asked Questions
What is MARION ECONOMIC DEVELOPMENT COMPANY’s budget?
In 2024, MARION ECONOMIC DEVELOPMENT COMPANY reported an annual operating budget of around $555 thousand. More detailed financial information is available to registered users.
What causes does MARION ECONOMIC DEVELOPMENT COMPANY support?
MARION ECONOMIC DEVELOPMENT COMPANY supports work in Economic development.
Where does MARION ECONOMIC DEVELOPMENT COMPANY operate?
MARION ECONOMIC DEVELOPMENT COMPANY is headquartered in Marion, IA.
Who funded MARION ECONOMIC DEVELOPMENT COMPANY recently?
In 2024, MARION ECONOMIC DEVELOPMENT COMPANY received grants from COLLINS COMMUNITY CREDIT UNION, HOUSING FUND FOR LINN COUNTY, and COLLINS COMMUNITY CREDIT UNION. More information on this organization’s funders is available to registered users.
What is the largest grant MARION ECONOMIC DEVELOPMENT COMPANY received in 2024?
The largest grant to MARION ECONOMIC DEVELOPMENT COMPANY in 2024 exceeds $6,050.
What is MARION ECONOMIC DEVELOPMENT COMPANY’s reliance on government grants?
MARION ECONOMIC DEVELOPMENT COMPANY relied on government grants for more than 25% of their total revenue in 2024.