One Economy Financial Development Corp

One Economy Financial Development Corp

Des Moines, IA, US
501(c)(3)
EIN
83-3749919

One Economy Financial Development Corp

Des Moines, IA, US
501(c)(3)
EIN
83-3749919

Overview

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Est.

2019

Fiscal Year Start

Oct 1

Organization Type

Grantseeker
AI Summary
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One Economy Financial Development Corp (EIN: 83-3749919) is a nonprofit organization dedicated to fostering financial stability and wealth among low to moderate-income individuals and small businesses, with a particular emphasis on the Black community in Central Iowa. With an operating budget of $268.7K and total revenue of $251K for the 2024 filing year, the organization relies on diverse funding sources, none of which constitute 50% or more of its revenue. More information can be found on their website at OEFCD.ORG.

Mission Statement

CREATE A PATHWAY TO FINANCIAL STABILITY AND WEALTH AMONG LOW TO MODERATE INCOME INDIVIDUALS AND SMALL BUSINESSES WITH AN EMPHASIS ON THE BLACK COMMUNITY IN CENTRAL IOWA.
Revenues

$251K

Expenses

$271.3K

Net Income:
-$20.3K
Assets

$577.3K

Liabilities

$365.4K

Net Assets:
+$211.9K
Operating Budget

$268.7K

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

1

Median grant size
$23.3K
Largest grant received
$23.3K
V
Vince C Lintz
Board Member
D
David Attaway
Board Member
L
Lu Spaine
Board Member

Frequently Asked Questions

What is One Economy Financial Development Corp’s budget?
In 2024, One Economy Financial Development Corp reported an annual operating budget of around $269 thousand. More detailed financial information is available to registered users.
What causes does One Economy Financial Development Corp support?
One Economy Financial Development Corp supports work in Community improvement.
Where does One Economy Financial Development Corp operate?
One Economy Financial Development Corp is headquartered in Des Moines, IA.
Who funded One Economy Financial Development Corp recently?
In 2024, One Economy Financial Development Corp received grants from UNITED WAY OF CENTRAL IOWA, UNITED WAY OF CENTRAL IOWA, and THE DIRECTORS COUNCIL. More information on this organization’s funders is available to registered users.
What is the largest grant One Economy Financial Development Corp received in 2024?
The largest grant to One Economy Financial Development Corp in 2024 exceeds $23 thousand.
Overview
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