Cedar Rapids Metro Economic Alliance
Public records raise at least one point you should look into before giving.
What it says it does
TO DRIVE ECONOMIC, WORKFORCE AND POPULATION GROWTH STRATEGIES, AND TO HELP BUSINESSES SUCCEED.
- Income
- $4.2 million
- Spending
- $4.3 million
- Employees
- 31
- Volunteers
- 125
- Highest pay
- $228,591, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- ECONOMIC DEVELOPMENT - UNDER ECONOMIC DEVELOPMENT THE ECONOMIC ALLIANCE'S STRATEGIC GOALS ARE AS FOLLOWS: ATTRACT, GROW AND RETAIN INTERSTATE COMMERCE BUSINESS. OUR FOCUS IS TARGETED TOWARD BIO-PROCESSING/FOOD INGREDIENTS, DISTRIBUTION/LOGISTICS, ELECTRONIC EQUIPMENT/DESIGN, FOOD PROCESSING, FINANCIAL SERVICES/INSURANCE, INFORMATION TECHNOLOGY, PROCESS MANUFACTURING AND WIND ENERGY.1. DEVELOP AND MAINTAIN REPORTS OF DATA TOOLS TO ASSIST WITH PROJECT MANAGEMENT, BUSINESS AND WORKFORCE DEVELOPMENT.2. COORDINATE AND FACILITATE PROJECTS TO UTILIZE FINANCIAL TOOLS AND PROGRAMS FOR PROSPECTS AND CLIENTS.3. MAINTAIN AND ADVANCE RELATIONSHIPS WITH EXISTING COMPANIES TO IDENTIFY GROWTH AND RETENTION OPPORTUNITIES.4. DEVELOP AND IMPLEMENT STRATEGIES TO IMPROVE RECRUITMENT OF NEW COMPANIES. ALL PROGRAMS AND ECONOMIC DEVELOPMENT EFFORTS ARE DESIGNED TO MEET ONE OR MORE OF THE GOALS. WHILE MANY OF OUR ECONOMIC ALLIANCE STAFF SPEND TIME ON ECONOMIC DEVELOPMENT ORIENTED PROGRAMS, PROJECTS AND INITIATIVES, WE HAVE AN ECONOMIC DEVELOPMENT TEAM WHO SPECIFICALLY FOCUS ON MEETING OUR ECONOMIC DEVELOPMENT STRATEGIC GOALS.
- COMMUNITY DEVELOPMENT - UNDER COMMUNITY DEVELOPMENT THE ECONOMIC ALLIANCE'S STRATEGIC GOALS ARE AS FOLLOWS: GROW CORE CENTRAL DISTRICTS IN CEDAR RAPIDS AND SUPPORT SURROUNDING COMMUNITIES.1. DEVELOP AND BEGIN IMPLEMENTATION OF AN UPDATED STRATEGIC PLAN FOR THE CEDAR RAPIDS DOWNTOWN DISTRICT AND MEDICAL DISTRICT.2. ASSIST THE CITY OF CEDAR RAPIDS IN ITS PLAN FOR FLOOD PROTECTION AND FINANCIAL SUPPORT.
- BUSINESS SUPPORT - UNDER BUSINESS SUPPORT THE ECONOMIC ALLIANCE'S STRATEGIC GOALS ARE AS FOLLOWS:CREATE A STRONG BUSINESS ENVIRONMENT WHICH SUPPORTS ALL EMPLOYERS. ADDITIONALLY, WE WILL FOCUS ON SMALL AND LOCALLY-OWNED BUSINESSES TO ACHIEVE THE FOLLOWING:1. ENGAGE AND CONNECT BUSINESSES THROUGH NETWORKING, COMMUNITY AND PROFESSIONAL DEVELOPMENT PROGRAMS.2. PROVIDE EDUCATION AND AWARENESS ON LOCAL, REGIONAL AND STATE INITIATIVES WHICH ENHANCE REGIONAL AND STATE TRADE.
- REGIONAL DEVELOPMENT - OUR REGIONAL DEVELOPMENT CORE FUNCTION IS DEDICATED TO COORDINATING WITH PARTNERS TO CONTRIBUTE TO THE FOLLOWING REGIONAL INITIATIVES: BRAND/IMAGE, WORKFORCE, CIVIC ENGAGEMENT, ENTREPRENEURISM AND DIVERSITY/INCLUSION. LEADERSHIP FOR FIVE SEASONS: LEADERSHIP FOR FIVE SEASONS IS A PROGRAM DEVELOPED AND MANAGED BY THE CEDAR RAPIDS METRO ECONOMIC ALLIANCE TO PREPARE EMERGING AND EXISTING LEADERS IN THE CEDAR RAPIDS AREA TO BE COMMUNITY TRUSTEES. THE GOAL OF THE PROGRAM IS TO EMPOWER AND INSPIRE DIVERSE INDIVIDUALS TO ACTIVELY LEAD IN SHAPING AND ENHANCING OUR QUALITY OF LIFE - SUPPLYING THE COMMUNITY WITH INFORMED, SKILLED LEADERS WILLING TO SERVE AS ACTIVE VOLUNTEERS. IOWA'S CREATIVE CORRIDOR (ICR IOWA): ICR IOWA REPRESENTS A SEVEN COUNTY REGIONAL PARTNERSHIP FOR BENTON, CEDAR, IOWA, JOHNSON, JONES, LINN AND WASHINGTON COUNTIES. REPRESENTING ONE OF THE LARGEST LABORSHEDS IN THE STATE, THE ECONOMIC DEVELOPMENT REPRESENTATIVES OF OUR AREA HAVE CREATED A STRATEGIC, SEVEN-COUNTY ALLIANCE DEDICATED TO ECONOMIC PROGRESS, WORKFORCE DEVELOPMENT, AND FOSTERING A CULTURE OF INNOVATION. IOWA'S CREATIVE CORRIDOR GIVES EMPLOYERS AND WORKFORCE ACCESS TO A REGION UNIQUELY IOWAN, FOUNDED WITH A MANUFACTURING HERITAGE, BUT ACTIVELY SEEKING NEW FRONTIERS AND OPPORTUNITIES IN INFORMATION TECHNOLOGY, BIOTECHNOLOGY AND BIOPROCESSING, RENEWABLE ENERGY, AND EDUCATIONAL SERVICES. IMPACTCR: THE CONCEPT IS SIMPLE - PROVIDE OUR MEMBERS THE OPPORTUNITY TO CONNECT, HAVE A VOICE AND MAKE A DIFFERENCE IN THEIR COMMUNITY.PUBLIC POLICY - THE ECONOMIC ALLIANCE IS FOCUSED ON PUBLIC POLICY ADVOCACY THAT SUPPORTS THE ORGANIZATION'S OTHER FOUR CORE FUNCTIONS: BUSINESS SUPPORT, COMMUNITY DEVELOPMENT, ECONOMIC DEVELOPMENT AND REGIONAL DEVELOPMENT.THE ECONOMIC ALLIANCE COLLABORATES WITH THE BUSINESS COMMUNITY AND OTHER STAKEHOLDERS AND PARTNERS, INCLUDING LOCAL MUNICIPALITIES AND ENTITIES, THE U.S. CHAMBER OF COMMERCE AND IOWA CHAMBER ALLIANCE TO DEVELOP A LOCAL, STATE AND FEDERAL POLICY AGENDA. WE THEN PROVIDE A UNIFIED VOICE TO ADVOCATE FOR PRO-BUSINESS AND PRO-GROWTH ISSUES KEY TO OUR MEMBERS AND THE REGION.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1943.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.