Civic Intelligence

Ravenna Economic Development Corp

EIN 46-5433447 • 501(c)6 • Ravenna, NE

Profile

Ravenna's economic development program is a reflection of the community's forward-thinking, progressive and passionate citizens and business community. The aim of ravenna's economic development program is job retention, business expansion, business recruitment, job training and the creation of opportunities for local businesses to reach a global marketplace. The success of this program will help to ensure that the quality of life for ravenna residents is maintained and enhanced, allowing future generations to enjoy the same community qualities that current residents cherish.

318 Grand AveRavenna, NE 68869

myravenna.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

51st percentile

0.00x

Higher debt load relative to assets than 51% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

53rd percentile

0.00x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Net Margin

13th percentile

-42%

Higher net margin than 13% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Top Officer Pay

89th percentile

$50,400

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 12.2% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2025

Asset Growth

23rd percentile

-26%

Faster asset growth than 23% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

42nd percentile

-5.4%

Faster revenue growth than 42% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$486,871

Down $173,609 (-26%) from 2024

Liabilities

Up

$588

Up $7 (+1.2%) from 2024

Net Assets

Down

$486,283

Down $173,616 (-26%) from 2024

Revenue

Down

$412,189

Down $23,516 (-5.4%) from 2024

Expenses

Up

$585,805

Up $494,971 (+545%) from 2024

Net Income

Down

-$173,616

Down $518,487 (-150%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2014: $55,994Liabilities 2014: $6402014Assets 2015: $75,158Liabilities 2015: $395Net Assets 2015: $74,7632015Assets 2016: $96,454Liabilities 2016: $864Net Assets 2016: $95,5902016Assets 2017: $98,095Liabilities 2017: $906Net Assets 2017: $97,1892017Assets 2018: $91,262Liabilities 2018: $887Net Assets 2018: $90,3752018Assets 2019: $94,880Liabilities 2019: $1,072Net Assets 2019: $93,8082019Assets 2020: $100,268Liabilities 2020: $900Net Assets 2020: $99,3682020Assets 2021: $114,791Liabilities 2021: $1,536Net Assets 2021: $113,2552021Assets 2022: $135,778Liabilities 2022: $470Net Assets 2022: $135,3082022Assets 2023: $315,550Liabilities 2023: $522Net Assets 2023: $315,0282023Assets 2024: $660,480Liabilities 2024: $581Net Assets 2024: $659,8992024Assets 2025: $486,871Liabilities 2025: $588Net Assets 2025: $486,2832025

Highlighted filing

2025

Assets$486,871
Liabilities$588
Net Assets$486,283

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2014: $35,197Expenses 2014: $27,532Net Income 2014: $7,6652014Revenue 2015: $83,580Expenses 2015: $64,171Net Income 2015: $19,4092015Revenue 2016: $83,428Expenses 2016: $62,601Net Income 2016: $20,8272016Revenue 2017: $83,251Expenses 2017: $81,652Net Income 2017: $1,5992017Revenue 2018: $74,797Expenses 2018: $81,611Net Income 2018: -$6,8142018Revenue 2019: $74,900Expenses 2019: $71,467Net Income 2019: $3,4332019Revenue 2020: $60,264Expenses 2020: $54,704Net Income 2020: $5,5602020Revenue 2021: $78,052Expenses 2021: $64,165Net Income 2021: $13,8872021Revenue 2022: $61,788Expenses 2022: $39,735Net Income 2022: $22,0532022Revenue 2023: $279,453Expenses 2023: $99,733Net Income 2023: $179,7202023Revenue 2024: $435,705Expenses 2024: $90,834Net Income 2024: $344,8712024Revenue 2025: $412,189Expenses 2025: $585,805Net Income 2025: -$173,6162025

Highlighted filing

2025

Revenue$412,189
Expenses$585,805
Net Income-$173,616

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Jan 14, 2026
Return Version
2024v5.0
Gross Receipts
$412,189
Mission and Program Overview

Mission

Ravenna's economic development program is a reflection of the community's forward-thinking, progressive and passionate citizens and business community. The aim of ravenna's economic development program is job retention, business expansion, business recruitment, job training and the creation of opportunities for local businesses to reach a global marketplace. The success of this program will help to ensure that the quality of life for ravenna residents is maintained and enhanced, allowing future generations to enjoy the same community qualities that current residents cherish.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$601,826$431,404▼ $170,422
Cash and Non-Interest-Bearing Accounts$57,704$54,005▼ $3,699
Pledges and Grants Receivable-$512-
Total Assets$660,480$486,871▼ $173,609
Other Assets Total$950$950→ $0
Liabilities
Other Liabilities$581$588▲ $7
Total Liabilities$581$588▲ $7
Net Assets / Fund Balance
Net Assets With Donor Restrictions$541,886$372,947▼ $168,939
Net Assets Without Donor Restrictions$118,013$113,336▼ $4,677
Total Net Assets Fund Balance$659,899$486,283▼ $173,616
Total Liabilities and Net Assets / Fund Balance$660,480$486,871▼ $173,609
Compensation and Service Providers

Employees

NameTitleBaseTotal
Zachary WestExecutive Di$50,400$50,400

Board Members and Trustees

NameTitle
Rodney PokorskiPresident
Brandon MiigerlBoard Member
Dale JohnsonBoard Member
Ken SchroederBoard Member
Russ CrowellChamber Rep
Joy KyhnFormer Chamb
Scott WachterFormer Treas
Linda ZinnelTreasurer
Larry WilkeVice Pres/se
Revenue and Support

Revenue Composition

Contributions and Grants
$385,996
Program Service Revenue
$130
Investment Income
$16,737
Other Revenue
$9,326
All Other Contributions
$315,996
Change in Net Assets
$-173,616
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$499,718
Salaries, Compensation, and Employee Benefits$54,323
Other Expenses$31,764
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$315,000--$315,000
Grants to Domestic Individuals$184,718--$184,718
Current Officers, Directors, Trustees, and Key Employees-$50,400-$50,400
Occupancy-$9,380-$9,380
Fees for Services Accounting$3,200$2,030-$5,230
Payroll Taxes-$3,923-$3,923
Conferences and Meetings$23$2,577-$2,600
Information Technology$2,074--$2,074
Office Expenses-$1,371-$1,371
Travel-$1,081-$1,081
Insurance-$974-$974
Advertising$19--$19
Other Expenses$150$12-$12
Total Functional Expenses$505,184$80,621$0$585,805
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Rassmussen DevelopmentSt Paul, NE-Housing Loan$315,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$588
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Organization has stockholders

Form 990, Page 6, Part VI, Line 7A

Stockholders elect board members

Form 990, Page 6, Part VI, Line 11B

Reviewed at a board meeting

Form 990, Page 6, Part VI, Line 15A

Executive committee does a performance review and recommends a salary and the board approves it.

Form 990, Page 6, Part VI, Line 19

Documents available to the public upon request

Filing and Contact Details

Filer

Filer Name
Ravenna Economic Development Corp
EIN
46-5433447
Phone
3084523133
Address
318 GRAND AVE, RAVENNA, NE 68869

Signing Officer

Name
Rodney Pokorski
Title
President
Phone
3084523133
Signed
2026-01-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rodney Pokorski
Voting Board Members
7
Independent Board Members
6
Employees
1

Preparer

Firm
Laurie Johnson LLC
Address
217 GRAND AVE PO BOX 2, RAVENNA, NE 68869
Preparer
Britney a Gorecki
Phone
3084524131
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Ravenna's economic development program is a reflection of the community's forward-thinking, progressive and passionate citizens and business community. The aim of ravenna's economic development program is job retention, business expansion, business recruitment, job training and the creation of opportunities for local businesses to reach a global marketplace. The success of this program will help to ensure that the quality of life for ravenna residents is maintained and enhanced, allowing future generations to enjoy the same community qualities that current residents cherish.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt1996
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1C4K REIMBURSEMENTS
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt15
IRS990ScheduleI/RecipientTable/CashGrantAmt0315000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0HOUSING LOAN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0RASSMUSSEN DEVELOPMENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RAVENNA'S ECONOMIC DEVELOPMENT PROGRAM IS A REFLECTION OF THE COMMUNITY'S FORWARD-THINKING, PROGRESSIVE AND PASSIONATE CITIZENS AND BUSINESS COMMUNITY. THE AIM OF RAVENNA'S ECONOMIC DEVELOPMENT PROGRAM IS JOB RETENTION, BUSINESS EXPANSION, BUSINESS RECRUITMENT, JOB TRAINING AND THE CREATION OF OPPORTUNITIES FOR LOCAL BUSINESSES TO REACH A GLOBAL MARKETPLACE. THE SUCCESS OF THIS PROGRAM WILL HELP TO ENSURE THAT THE QUALITY OF LIFE FOR RAVENNA RESIDENTS IS MAINTAINED AND ENHANCED, ALLOWING FUTURE GENERATIONS TO ENJOY THE SAME COMMUNITY QUALITIES THAT CURRENT RESIDENTS CHERISH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION HAS STOCKHOLDERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2STOCKHOLDERS ELECT BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEWED AT A BOARD MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXECUTIVE COMMITTEE DOES A PERFORMANCE REVIEW AND RECOMMENDS A SALARY AND THE BOARD APPROVES IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/WebsiteAddressTxt0MYRAVENNA.COM
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RODNEY POKORSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03084523133
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-01-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAVENNA ECONOMIC DEVELOPMENT CORP
ReturnHeader/Filer/BusinessNameControlTxt0RAVE
ReturnHeader/Filer/EIN0465433447
ReturnHeader/Filer/PhoneNum03084523133
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LAURIE JOHNSON LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0217 GRAND AVE PO BOX 2
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ReturnHeader/PreparerPersonGrp/PhoneNum03084524131
ReturnHeader/PreparerPersonGrp/PreparationDt02026-01-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRITNEY A GORECKI
ReturnHeader/ReturnTs02026-01-14T09:57:33-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-10-01
ReturnHeader/TaxPeriodEndDt02025-09-30
ReturnHeader/TaxYr02024

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