Des Moines Redevelopment Company

Not tax-deductible

Des Moines, IA501(c)(4)Community DevelopmentEIN 46-0844081

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To facilitate urban renewal within the city of Des Moines, iowa through the purchase andpreparation of land for new economic development.

98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $12K a year · 511% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4K
-36% vs prior year
Spent
$29K
To programs
98%
Net assets
$116K
By yearFY2020–FY2025
Revenue
$4K
FY2025▼ -36%
Revenue by fiscal year
FY2020$6
FY2021$460
FY2022$2K
FY2023$6K
FY2024$6K
FY2025$4K
Expenses
$29K
FY2025▼ -14%
Expenses by fiscal year
FY2020$4K
FY2021$4K
FY2022$3K
FY2023$34K
FY2024Not on file
FY2025$29K
Net assets
$116K
FY2025▼ -18%
Net assets by fiscal year
FY2020$182K
FY2021$179K
FY2022$177K
FY2023$150K
FY2024$142K
FY2025$116K

From the FY2025 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $28K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Des Moines Redevelopment Company executive salaries →

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Programs and updates

Buys and prepares land to encourage new businesses and revitalize Des Moines.

Provided by the organization

This section is blank until Des Moines Redevelopment Company claims this page.

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1 program service account for $34K of program spending, described in the organization's own filed words · FY2023.
01

A significant activity of the organization is the selection and purchase of real estate designated by the organization's board of directors as suitable for the organization's social welfare purposes.

$34Kprogram expense

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By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$4K
Ln 12
Other incomeLn 4–11$4K
Money outPt IX
$29K
Ln 25
Programscol B$28K
Owns and owesPt X
$116K
net assets · Ln 32
Total assetsLn 16$116K
LiabilitiesLn 26$0
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
2In more detail
Revenue in detailPt VIII
Other incomeLn 4–11$4K
Total revenueLn 12$4K
Assets in detailPt X, end of year
Total assetsLn 16$116K
LiabilitiesLn 26$0
Net assetsLn 32$116K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $4K$29K−$25K$116K 990 PDF
FY2024 $6K$142K 990 PDF
FY2023 $6K$34K−$28K$150K 990 PDF
FY2022 $2K$3K−$1K$177K 990 PDF
FY2021 $460$4K−$4K$179K 990 PDF
FY2020 $6$4K−$4K$182K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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