EIN 42-0172900

Cedar Rapids Metro Economic Alliance

IRS 501(c) type
Num. employees
Year formed
Most recent tax filings
The Cedar Rapids Metro Economic Alliance combines the economic and community development efforts of the former Cedar Rapids Area Chamber of Commerce, Cedar Rapids Downtown District and Priority One. The new organization began January 1, 2012. Through core functions of business support, economic development, community development, public policy and regional development we strive to be the top economic growth region in the country. Click the Strategic Goals resource below to see our governance structure and learn more about our strategic goals and initiatives.
Also known as...
Cedar Rapids Area Chamber of Commerce
Total revenues
Total expenses
Total assets
Num. employees

Program areas at Cedar Rapids Metro Economic Alliance

Economic development - under Economic development the Economic Alliance's strategic goals are as follows: attract, grow and retain interstate commerce business. Our focus is targeted toward bio-processing/food ingredients, distribution/logistics, electronic equipment/design, food processing, financial services/insurance, information technology, process manufacturing and wind energy.1. Develop and maintain reports of data tools to assist with project management, business and workforce development.2. Coordinate and facilitate projects to utilize financial tools and programs for prospects and clients.3. Maintain and advance relationships with existing companies to identify growth and retention opportunities.4. Develop and implement strategies to improve recruitment of new companies. All programs and Economic development efforts are designed to meet one or more of the goals. While many of our Economic Alliance staff spend time on Economic development oriented programs, projects and initiatives, we have an Economic development team who specifically focus on meeting our Economic development strategic goals.
Business support - under business support the Economic Alliance's strategic goals are as follows:create a strong business environment which supports all employers. Additionally, we will focus on small and locally-owned businesses to achieve the following:1. Engage and connect businesses through networking, community and professional development programs.2. Provide education and awareness on local, regional and state initiatives which enhance regional and state trade.
Community development - under community development the Economic Alliance's strategic goals are as follows: grow core central districts in Cedar Rapids and support surrounding communities.1. Develop and begin implementation of an updated strategic plan for the Cedar Rapids downtown district and medical district.2. Assist the city of Cedar Rapids in its plan for flood protection and financial support.
Regional development - our regional development core function is dedicated to coordinating with partners to contribute to the following regional initiatives: brand/image, workforce, civic engagement, entrepreneurism and diversity/inclusion. Leadership for five seasons: leadership for five seasons is a program developed and managed by the Cedar Rapids Metro Economic Alliance to prepare emerging and existing leaders in the Cedar Rapids area to be community trustees. The goal of the program is to empower and inspire diverse individuals to actively lead in shaping and enhancing our quality of life - supplying the community with informed, skilled leaders willing to serve as active volunteers. Iowa's creative corridor (icr Iowa): icr Iowa represents a seven county regional partnership for benton, Cedar, Iowa, johnson, jones, linn and Washington counties. Representing one of the largest laborsheds in the state, the Economic development representatives of our area have created a strategic, seven-county Alliance dedicated to Economic progress, workforce development, and fostering a culture of innovation. Iowa's creative corridor gives employers and workforce access to a region uniquely Iowan, founded with a manufacturing heritage, but actively seeking new frontiers and opportunities in information technology, biotechnology and bioprocessing, renewable energy, and educational services. Impactcr: the concept is simple - provide our members the opportunity to connect, have a voice and make a difference in their community. Next gen. Summit: the next gen. Summit brings together local and national experts, who engage with attendees throughout the day. Attendees can choose from a variety of workshops, to learn more and interact with topics like building your professional image, entrepreneurship, harnessing your strengths, leadership skills, the future of workforce, social media and more.
Public policy - the Economic Alliance is focused on public policy advocacy that supports the organization's other four core functions: business support, community development, Economic development and regional development. The Economic Alliance collaborates with the business community and other stakeholders and partners, including local municipalities and entities, the u.s. chamber of commerce and Iowa chamber Alliance to develop a local, state and federal policy agenda. We then provide a unified voice to advocate for pro-business and pro-growth issues key to our members and the region.

Grants made by Cedar Rapids Metro Economic Alliance

GranteeGrant descriptionAmount
Icr IowaJoint Venture Support$157,800
Kirkwood Community College FoundationSupport Small Business Development Center$15,000

Who funds Cedar Rapids Metro Economic Alliance

Grants from foundations and other nonprofits
Hall-Perrine FoundationEconomic Development Material$19,000
Greenstate Credit UnionEvent Sponsorship$10,000
Veridian Credit UnionGeneral Support$5,000

Personnel at Cedar Rapids Metro Economic Alliance

Charlie RohdeChair$0
Douglas NeumannPresident and Chief Executive Officer$179,635
Audrey WheelerAssistant Secretary$86,077
Ted TownsendPast Chair$0
Dee BairdPresident and Chief Executive Officer and Treasurer$227,016
...and 1 more key personnel

Financials for Cedar Rapids Metro Economic Alliance

RevenuesFYE 12/2020
Total grants, contributions, etc.$107,277
Program services$3,391,407
Investment income and dividends$78,590
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$31,474
Net gain from sale of non-inventory assets$4,539
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$12,352
Total revenues$3,625,639

Form 990s for Cedar Rapids Metro Economic Alliance

Fiscal year endingDate received by IRSFormPDF link
2018-122019-10-30990View PDF
2017-122018-10-16990View PDF
2016-122017-11-02990OView PDF
2015-122016-12-09990OView PDF
2014-122015-08-20990OView PDF
...and 6 more Form 990s
Data update history
September 23, 2021
Received grants
Identified 1 new grant, including a grant for $19,000 from Hall-Perrine Foundation
October 28, 2020
Received grants
Identified 1 new grant, including a grant for $5,000 from Veridian Credit Union
October 16, 2020
Updated personnel
Identified 5 new personnel
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
March 16, 2020
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Trade associationsChambers of commerceBusiness and community development organizations
Community improvementEconomic developmentBusiness and industry
MembershipsState / local levelCommunity engagement / volunteering
General information
501 First St Se
Cedar Rapids, IA 52401
Metro area
Cedar Rapids, IA
Linn County, IA
Website URL
(319) 398-5317
Facebook page
Twitter profile
IRS details
Fiscal year end
Taxreturn type
Form 990
Year formed
Eligible to receive tax-deductible contributions (Pub 78)
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
813910: Trade Associations
Parent/child status
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