Regional Economic Development Investments Inc
Grantmaking foundation in Ottumwa, Iowa · EIN 42-1359539
- Total giving
- $49KTax year 2022
- Total assets
- $2.4MLatest reported
- Latest IRS filing
- 2025Form 990 / 990-PF
Mission
ADMINISTRATION OF A REVOLVING LOAN FUND. OUR MISSION IS TO PROVIDE LOANS TO BUSINESSES IN THE AREA BY ISSUING GAP FINANCING IN ORDER TO LEVERAGE LOANS FROM BANKS AND GRANTS FROM THE STATE. OUR OBJECTIVE IS TO USE THESE LOANS TO INCREASE THE EMPLOYMENT BASE IN THE AREA. IN ADDITION, WE ALSO PROVIDED FORGIVABLE LOANS TO BUSINESSES IN WAPELLO COUNTY, THESE FORGIVABLE LOANS ARE MADE IN ORDER TO INCREASE BUSINESS AND EMPLOYMENT IN THE AREA.
Giving by year
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
| Recipient | Amount | Tax year |
|---|---|---|
| C & C Mfg Land Co LLC | $49K | 2021 |
Amounts are rounded. The full grantee list is available with a free account.
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Source: IRS Form 990 and 990-PF filings, tax year 2022. Also see this organization on ProPublica Nonprofit Explorer.