Skip to the page content
Check before you give

Stuart Enterprise for Economic Development Inc

EIN 42-1467294 · Stuart, IA

Public records raise at least one point you should look into before giving.

LegitimacyCautionRegistration and standingFinancial healthNot ratedToo small or too little detailGovernanceNot ratedToo small or too little detailImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

Economic betterment of the community in & around Stuart, Iowa: provide jobs & housing, foster new business growth, retain & expand existing businesses, eliminate blight & poverty, expand the tax base which supports public services, identify economic barriers to growth, solicit grants & contributions, & implement plans to overcome those barriers

Income
$94,670
Spending
$76,508
Employees
0
Volunteers
34

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 (3)
  1. $10,397 spent. Wambold 3rd Addition/phase 4 housing project: Acquisition and improvement of land for workforce housing lots granted to qualified individuals with covenants to build qualifying residences within an alotted period. Project ongoing at year-end.
  2. $61,695 spent. City of Stuart development agreement: Rock Island Railroad Depot historic sight used for fostering business retention and expansion and the acquisition of new businesses to the City of Stuart; maintenance and development of recreational facilities and other attractions and amenities. Recreation facilities include a soccer field complex, walking trail with story walk, baseball and softball fields, as well as investigation and planning for an indoor recreation facility.
  3. $4,416 spent. EmpowerHer and other educational and marketing efforts: EmpowerHer is a one-day event, held at the historic Saints Center in Stuart, Iowa, signed to inspire, connect and empower women entrepreneurs across the state.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate

Legitimacy checks

  1. 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 October 13, 2026.

  2. 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 October 13, 2026.

  3. 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 October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 2023.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 21, 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.