EIN 35-2576257

MedQuarter

IRS 501(c) type
501(c)(6)
Num. employees
0
State
Year formed
2016
Most recent tax filings
2023-06-01
NTEE code, primary
Description
MedQuarter promotes a dynamic urban medical community and advocates for new businesses and jobs in a defined medical district. It completed infrastructure improvements to both sides of 1st Avenue East to improve the business community, and the faith & medicine task force continues to focus on community mental health through updates and promotion of local resources.
Total revenues
$222,969
2023
Total expenses
$53,020
2023
Total assets
$1,053,622
2023
Num. employees
0
2023

Program areas at MedQuarter

Medical community- the Medquarter faith & medicine task force continued its focus on community mental health through two initiatives: 1) ongoing updates to and promotion of the local mental health service resources available on the gethelpnowcr.com website landing page as well as printed materials to be handed out throughout the Medquarter and community. 2) partnered with kirkwood community college again in planning and executing the 2nd annual mental health summit on may 25 targeted at mental health service providers and health care workers.
Business community - the Medquarter continued its district improvement efforts by completing priority #5 of the master parkway improvement plan through infrastructure improvements to both sides of 1st avenue east from 10th street to 12th street which included new light poles/lights, trees, decorative pavers, parking lot screening, landscaping, and waste receptacles. 32 self-watering decorative planters with flowers, grasses and plants were placed throughout the district for the growing season. Holiday lighting was installed on 85 trees throughout the district as well as a large holiday display along 1st avenue for the 2022/2023 holiday season.

Personnel at MedQuarter

NameTitleCompensation
Philip WastaPresident / Executive Director$26,696
Michelle NiermannSecretary$0
Tim CharlesVice Chairman , Secretary / Chairman and Treasurer / Chairman , Treasurer / Director$0
Ted TownsendVice Chairman , Secretary / Director$0
Michelle JensenChair$0
...and 2 more key personnel

Financials for MedQuarter

RevenuesFYE 06/2023
Total grants, contributions, etc.$202,000
Program services$0
Investment income and dividends$21,006
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-37
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$222,969

Form 990s for MedQuarter

Fiscal year endingDate received by IRSFormPDF link
2022-062022-10-28990View PDF
2021-062022-02-10990View PDF
2020-062021-06-08990View PDF
2019-062020-02-07990View PDF
2018-062019-06-19990View PDF
...and 1 more Form 990
Data update history
October 3, 2021
Posted financials
Added Form 990 for fiscal year 2020
May 1, 2021
Posted financials
Added Form 990 for fiscal year 2019
October 2, 2020
Posted financials
Added Form 990 for fiscal year 2017
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
May 20, 2020
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Economic developmentBusiness and industry
Characteristics
MembershipsState / local levelNo full-time employees
General information
Address
501 1st St Se
Cedar Rapids, IA 52401
Metro area
Cedar Rapids, IA
County
Linn County, IA
Website URL
themedq.com/ 
Phone
(319) 398-5317
IRS details
EIN
35-2576257
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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