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Southern Iowa Economic Development Association

Also known as Sieda Community Action

Ottumwa, IA · EIN 42-0923813 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Southern Iowa Economic Development Association reported $12.3 million in revenue and $12.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $94.34 went to program services, $5.66 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 91.8% of the total. Government grants made up 75.1%. The highest compensation it reported for one person was $122,499 (EXECUTIVE DIRECTOR). 1 person received more than $100,000 in reportable compensation. Revenue rose 27% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $12M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 2,433 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
94.3%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
5.7%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
91.8%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
75.1%3.8%
Program service revenue share
Part VIII 2g ÷ 12
5.6%58.9%
Highest reported compensation
Part VII-A, columns D–F
$122,499$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.99%1.38%
People paid over $100,000
Part VII, line 2
16
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.16.8
Independent voting board members
Part VI 1a–1b
14 of 14100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$3.9M expenses · 33.5% of program spending

Child education:the organization's head start program is a preschool experience for low-income and disabled children 3-5 years of age. Head start is a holistic approach to early childhood education that addresses not only the educational needs of the children but also the health, nutrition, social, mental health and literacy needs as well. Multi-cultural classrooms serve children who are unable to speak english or speak english as a secondary language.children attend preschool classes four days a week. Meals and snacks are served. In addition to the classroom activities, children and their…

$2.7M expenses · 23.0% of program spending · grants $2.7M · revenue $9,578

Energy assistance:the energy assistance program is available to assist with partial payment of heating costs for qualified applicants. Applications may be made at any of the neighborhood resource centers. The program provides several types of assistance. The amount of the payment is based on the family income, number of individuals in the family, type of housing and type of heating fuel used

$1.7M expenses · 14.3% of program spending · revenue $682K

Substance abuse:the organization's substance abuse services program is licensed by the iowa department of public health. Behavioral health and treatment services provides outpatient substance abuse treatment and evaluation services. The program begins with the thorough evaluation of the treatment needs of clients followed by the development of a comprehensive treatment plan intended to address the specific concerns identified by the client. Aftercare and referral are also available

$3.4M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR
Officer, 50.00 hrs/week
$110,868$0$11,631$122,499
FISCAL OFFICER
Officer, 50.00 hrs/week
$92,397$0$8,760$101,157
DEPUTY DIRECTOR (THRU JAN 2025)
Officer, 32.00 hrs/week
$80,988$0$14,439$95,427

1 people received more than $100,000 in reportable compensation from Southern Iowa Economic Development Association (Part VII, line 2). Compensation of current officers, directors and key employees totaled $298K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$12M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$12M$12M94.3%$4.3M$122,499
FY2024 ⓘ$13M$12M94.8%$4.3M$119,290
FY2023 ⓘ$15M$15M95.7%$4.1M$115,360
FY2022 ⓘ$15M$15M95.9%$3.9M$111,446
FY2021 ⓘ$12M$12M94.5%$3.4M$112,918
FY2020 ⓘ$9.7M$9.7M94.1%$3.1M$105,398

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b14 · 14 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5176
  • Volunteers Part I, line 6625

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
JEFFERY CONSTRUCTION
Weatherization contractor
$122,731

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Southern Iowa Economic Development Association totaling $37 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Southern Iowa Economic Development Association's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Southern Iowa Economic Development Association, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All unclassified charities · Largest charities in Iowa

Questions people ask

How much of Southern Iowa Economic Development Association's spending goes to programs?

In the fiscal year ending June 30, 2025, Southern Iowa Economic Development Association reported that 94.3% of its $12.4 million in expenses went to program services, 5.7% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Southern Iowa Economic Development Association pay its top executive?

The largest total compensation Southern Iowa Economic Development Association reported for one person in the fiscal year ending June 30, 2025 was $122,499, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Southern Iowa Economic Development Association get its money?

Of $12.3 million in revenue in the fiscal year ending June 30, 2025, 91.8% came from contributions and grants (including 75.1% from government grants) and 5.6% from program service revenue (Form 990, Part VIII).

Is Southern Iowa Economic Development Association a registered charity?

The IRS lists EIN 42-0923813 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631009349300533 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202510419349301101 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202430199349301508 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202223399349300817 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202200829349300720 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202110679349301006 · read the filing

All filings for EIN 42-0923813: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.