Skip to content
Nonprofiteer
← All organizations

FORT MADISON ECONOMIC DEVELOPMENT CORPORATION

EIN 42-1300666 MONTROSE, IA

Revenue 2025
$83,264
Expenses 2025
$46,218

Program services were 93.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S31Z
Classification
1000
Street
PO BOX 309

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

2 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2025

Mission

PROMOTION OF AREA ENCONOMIC DEVELOPMENT.

Activities or mission (Part I)

PROMOTION OF AREA ECONOMIC DEVELOPMENT

  • PROMOTION OF FORT MADISON TO EXISTING INDUSTRIES AND BUSINESS AS WELL AS TO PROSPECTIVE BUSINESSES. ACTIVE SEARCH FOR NEW INDUSTRY AND ASSISTANCE TO BUSINESSES AND INDUSTRY LOOKING TO EXPAND OR BEGIN.

    Expenses $43,250 · Grants $43,250

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Amy Conlee

    DIRECTOR

    Total calculated
    $0
  • Mike Culbertson

    TREASURER

    Total calculated
    $0
  • Corey Fraise

    DIRECTOR

    Total calculated
    $0
  • Tim Gobble

    SECRETARY

    Total calculated
    $0
  • Gary Hoyer

    DIRECTOR

    Total calculated
    $0
  • Bob Huffman

    CHAIRMAN

    Total calculated
    $0
  • Jason Hutcheson

    DIRECTOR

    Total calculated
    $0
  • Bryan Langerud

    DIRECTOR

    Total calculated
    $0
  • Matt Morris

    VICE-CHAIRMA

    Total calculated
    $0
  • Matt Morrison

    DIRECTOR

    Total calculated
    $0
  • Moudy Nabulsi

    DIRECTOR

    Total calculated
    $0
  • Larry Smith

    DIRECTOR

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $83,264
    Expenses
    $46,218
    Contributions
    $41,250
    Grants paid
    $43,250
  • 2024
    Revenue
    $65,423
    Expenses
    $25,464
    Contributions
    $40,250
    Grants paid
    $2,153
  • 2023
    Revenue
    $57,327
    Expenses
    $24,675
    Contributions
    $37,850
    Grants paid
    $0
  • 2022
    Revenue
    $139,034
    Expenses
    $557,230
    Contributions
    $136,221
    Grants paid
    $20,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $695,336
    Expenses
    $263,275
    Assets (EOY)
    $953,877
  • 2020 · 990

    Revenue
    $63,975
    Expenses
    $36,484
    Assets (EOY)
    $521,816
  • 2019 · 990

    Revenue
    $44,267
    Expenses
    $63,811
    Assets (EOY)
    $494,325
  • 2018 · 990

    Revenue
    $45,407
    Expenses
    $3,414,466
    Assets (EOY)
    $513,869
  • 2017 · 990

    Revenue
    $50,339
    Expenses
    $304,794
    Assets (EOY)
    $3,882,928
  • 2016 · 990

    Revenue
    $271,484
    Expenses
    $495,244
    Assets (EOY)
    $4,137,383
  • 2015 · 990

    Revenue
    $1,266,468
    Expenses
    $225,382
    Assets (EOY)
    $4,364,676
  • 2014 · 990

    Revenue
    $2,549,683
    Expenses
    $126,651
    Assets (EOY)
    $3,320,057
  • 2013 · 990

    Revenue
    $208,764
    Expenses
    $89,713
    Assets (EOY)
    $897,025
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $193,129
    Assets (EOY)
    $777,974

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

Where these grants went next →

Grants received

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.