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Rock Rapids Area Development Foundation Inc

Grantmaking foundation in Rock Rapids, Iowa · EIN 42-1293260

Grants itemized on the 990
$280KTax year 2024
Grants made
13Tax year 2024
Total assets
$1.7MLatest reported
Latest IRS filing
2024Form 990 / 990-PF

Mission

THE FOUNDATION IS WORKING IN CORRELATION WITH THE ROCK RAPIDS DEVELOPMENT CORPORATION TO STIMULATE COMMERCIAL GROWTH AND JOB OPPORTUNITIES FOR CITIZENS OF THE CITY OF ROCK RAPIDS. THE FOUNDATION HAS BEEN ACQUIRING DESIRED PROPERTY AND CONTRUCTING COMMERCIAL SPEC BUILDINGS. UPON COMPLETION, THE FOUNDATION IS SELLING THE BUILDINGS AT A REASONABLE PRICE TO AN EXISTING BUSINESS FOR RELOCATION OR EXPANSION OR A NEW BUSINESS TO THE COMMUNITY.

Quoted from the foundation's IRS filing.

Giving by year

$58K2020
$650K2023
$280K2024

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Rapid Auto$50K2024
Corral Lanes$40K2024
Air Conditioning Heating$30K2024
Primrose Market$30K2024
Denny'S Sanitation$25K2024

Amounts are rounded. The full grantee list (13 grants in 2024) is available with a free account.

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Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.