EIN 84-2607571

Invest DSM

IRS 501(c) type
501(c)(3)
Num. employees
8
State
Year formed
2019
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Invest DSM strategically invests in real estate and partnerships to improve quality of life, providing holistic and innovative solutions that strengthen neighborhoods in Des Moines, IA. Their mission is to improve the community by offering comprehensive programs that create positive change.
Total revenues
$10,543,054
2022
Total expenses
$4,723,480
2022
Total assets
$19,287,532
2022
Num. employees
8
2022

Program areas at Invest DSM

Provide holistic and innovative solutions that strengthen neighborhoods.

Grants made by Invest DSM

GranteeGrant descriptionAmount
Neighborhood Development CorporationDeveloper Grant$231,796
Des Moines Film SocietyCommunity Development Grant$50,000
Home Opportunities Made Easy (HOME)Developer Grant$30,000

Who funds Invest DSM

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Community Foundation of Greater Des MoinesGrant Distribution$2,000,000
Community Foundation of Greater Des MoinesGrant Distribution$1,250,000
Community Foundation of Greater Des MoinesGrant Distribution$1,000,000
...and 1 more grant received

Personnel at Invest DSM

NameTitleCompensation
Amber LynchExecutive Director$161,535
Tom HockensmithChair$0
Angela ConnollySecretary$0
Frank CownieChair$0

Financials for Invest DSM

RevenuesFYE 12/2022
Total grants, contributions, etc.$10,445,083
Program services$37,750
Investment income and dividends$60,221
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$10,543,054

Form 990s for Invest DSM

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-02990View PDF
2021-122022-04-28990View PDF
2021-062021-11-08990View PDF
2020-062021-04-02990View PDF
Data update history
December 23, 2023
Received grants
Identified 3 new grant, including a grant for $2,000,000 from Community Foundation of Greater Des Moines
December 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 9, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 17, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Family service centersHousing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
Provides grantsState / local levelReceives government fundingTax deductible donations
General information
Address
525 SW 5th St F
Des Moines, IA 50309
Metro area
Des Moines-West Des Moines, IA
Website URL
investdsm.org/ 
Phone
(515) 221-8410
IRS details
EIN
84-2607571
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2019
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L25: Housing Rehabilitation
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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