EIN 42-1111039

Fairfield Economic Development Association

IRS 501(c) type
501(c)(6)
Num. employees
2
City
Fairfield
State
Year formed
1978
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The Fairfield Economic Development Association strives to sustain and improve the quality of life for the citizens of Fairfield, Iowa through targeted economic development initiatives and programs. They honor exceptional teachers from the local school district for their achievements and outstanding performance. The organization also encourages young adults to settle and begin their lives in the area.
Total revenues
$125,439
2023
Total expenses
$165,511
2023
Total assets
$1,752,007
2023
Num. employees
2
2023

Program areas at Fairfield Economic Development Association

Provide cost sharing of entrepreneurial services for business Development.
To encourage young adults to return to Fairfield to settle and begin their lives in the area.
Honor a teacher from the Fairfield community school district for their outstanding performance and achievements.
Organization supports Fairfield community through land sales and donations.

Grants made by Fairfield Economic Development Association

GranteeGrant descriptionAmount
The Greater Jefferson County FoundationGeneral Funding$10,000

Personnel at Fairfield Economic Development Association

NameTitleCompensation
Aaron KnessTreasurer$0
Curtis SmithPresident$0
Joshua LarabySecretary and Ed$73,000
Tim KuikenVice President / Director$0
Jodi KerrPresident$0
...and 3 more key personnel

Financials for Fairfield Economic Development Association

RevenuesFYE 06/2023
Total grants, contributions, etc.$80,700
Program services$0
Investment income and dividends$4,705
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$36,234
Net gain from sale of non-inventory assets$0
Net income from fundraising events$3,120
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$680
Total revenues$125,439

Form 990s for Fairfield Economic Development Association

Fiscal year endingDate received by IRSFormPDF link
2022-062023-03-30990View PDF
2021-062022-01-26990View PDF
2020-062021-06-30990View PDF
2019-062020-12-07990View PDF
2018-062019-06-19990View PDF
...and 8 more Form 990s
Data update history
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 18, 2023
Updated personnel
Identified 7 new personnel
October 16, 2021
Posted financials
Added Form 990 for fiscal year 2020
October 3, 2021
Used new vendors
Identified 1 new vendor, including
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
MembershipsFundraising eventsState / local level
General information
Address
101 N St
Fairfield, IA 52556
Website URL
growfairfield.com/ 
Phone
(641) 472-3436
IRS details
EIN
42-1111039
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1978
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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