Civic Intelligence

Nebraska Economic Development Corporation

990 • Fiscal year 2023 • EIN 47-0721052

Oct 01, 2022 to Sep 30, 2023 • Filed on Aug 12, 2024

Organization ProfileWWW.NEDCOLOANS.ORG

View Organization Page

4445 South 86th Street Suite 200Lincoln, NE 68526

(402) 483-4600

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

31st percentile

0.04x

Higher debt load relative to assets than 31% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

39th percentile

0.11x

Higher debt load relative to revenue than 39% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

82nd percentile

29%

Higher net margin than 82% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

85th percentile

$258,994

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

71st percentile

15%

Faster asset growth than 71% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

81st percentile

36%

Faster revenue growth than 81% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets31st percentile

Assets

Flat

$6,258,967

Flat from 2023

Net Assets

Flat

$6,021,212

Flat from 2023

Liabilities

Flat

$237,755

Flat from 2023

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin82nd percentile

Revenue

Flat

$2,237,131

Flat from 2023

Expenses

Flat

$1,583,265

Flat from 2023

Net Income

Flat

$653,866

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $6,270,914Liabilities 2010: $1,233,421Net Assets 2010: $5,037,4932010Assets 2011: $6,368,500Liabilities 2011: $898,548Net Assets 2011: $5,469,9522011Assets 2012: $6,597,456Liabilities 2012: $726,409Net Assets 2012: $5,871,0472012Assets 2013: $6,105,019Liabilities 2013: $94,548Net Assets 2013: $6,010,4712013Assets 2014: $6,288,319Liabilities 2014: $66,423Net Assets 2014: $6,221,8962014Assets 2015: $6,227,745Liabilities 2015: $79,597Net Assets 2015: $6,148,1482015Assets 2016: $5,579,737Liabilities 2016: $60,608Net Assets 2016: $5,519,1292016Assets 2017: $5,525,652Liabilities 2017: $55,751Net Assets 2017: $5,469,9012017Assets 2018: $5,328,352Liabilities 2018: $90,142Net Assets 2018: $5,238,2102018Assets 2019: $5,364,675Liabilities 2019: $94,402Net Assets 2019: $5,270,2732019Assets 2020: $5,106,059Liabilities 2020: $44,999Net Assets 2020: $5,061,0602020Assets 2021: $5,498,328Liabilities 2021: $54,821Net Assets 2021: $5,443,5072021Assets 2022: $5,459,032Liabilities 2022: $91,686Net Assets 2022: $5,367,3462022Assets 2023: $6,258,967Liabilities 2023: $237,755Net Assets 2023: $6,021,2122023Assets 2023: $6,258,967Liabilities 2023: $237,755Net Assets 2023: $6,021,2122023Assets 2024: $6,893,543Liabilities 2024: $214,184Net Assets 2024: $6,679,3592024

Highlighted filing

2023

Assets$6,258,967
Liabilities$237,755
Net Assets$6,021,212
Open 2023 Filing

Operations Trend

Revenue Growth81st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $823,6912010Revenue 2011: $1,228,094Expenses 2011: $795,635Net Income 2011: $432,4592011Revenue 2012: $1,356,144Expenses 2012: $955,049Net Income 2012: $401,0952012Expenses 2013: $1,210,3612013Revenue 2014: $1,270,733Expenses 2014: $1,059,308Net Income 2014: $211,4252014Revenue 2015: $1,158,344Expenses 2015: $1,232,092Net Income 2015: -$73,7482015Revenue 2016: $1,178,295Expenses 2016: $1,807,314Net Income 2016: -$629,0192016Revenue 2017: $1,477,851Expenses 2017: $1,527,079Net Income 2017: -$49,2282017Revenue 2018: $1,200,217Expenses 2018: $1,431,908Net Income 2018: -$231,6912018Revenue 2019: $1,348,690Expenses 2019: $1,316,627Net Income 2019: $32,0632019Revenue 2020: $1,319,342Expenses 2020: $1,528,555Net Income 2020: -$209,2132020Revenue 2021: $1,918,071Expenses 2021: $1,535,624Net Income 2021: $382,4472021Revenue 2022: $1,640,595Expenses 2022: $1,716,756Net Income 2022: -$76,1612022Revenue 2023: $2,237,131Expenses 2023: $1,583,265Net Income 2023: $653,8662023Revenue 2023: $2,237,131Expenses 2023: $1,583,265Net Income 2023: $653,8662023Revenue 2024: $2,295,748Expenses 2024: $1,644,988Net Income 2024: $650,7602024

Highlighted filing

2023

Revenue$2,237,131
Expenses$1,583,265
Net Income$653,866
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Aug 12, 2024
Return Version
2022v5.0
Gross Receipts
$2,237,131
Mission and Program Overview

Mission

Furthering the economic development and social welfare of Nebraska and its environs with specific emphasis on the area by promoting and assisting the growth and development of business concerns, including small business concerns in such area. The principal objectives community by fostering increased employment opportunities and expansion of business and industry for the citizens of the area.

To further the economic development and social welfare of nebraska by fostering increased employment opportunities and expansion of business.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$4,906,326-
Savings and Temporary Cash Investments$5,167,317$951,055▼ $4,216,262
Accounts Receivable$133,120$338,229▲ $205,109
Land, Buildings, and Equipment, Net$139,334$127,633▼ $11,701
Prepaid Expenses and Deferred Charges$10,404$13,507▲ $3,103
Other Notes and Loans Receivable, Net$3,091--
Cash and Non-Interest-Bearing Accounts$5,766$-277,476▼ $283,242
Total Assets$5,459,032$6,258,967▲ $799,935
Other Assets Total-$199,693-
Liabilities
Other Liabilities-$199,693-
Accounts Payable and Accrued Expenses$91,686$38,062▼ $53,624
Total Liabilities$91,686$237,755▲ $146,069
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,367,346$6,021,212▲ $653,866
Total Net Assets Fund Balance$5,367,346$6,021,212▲ $653,866
Total Liabilities and Net Assets / Fund Balance$5,459,032$6,258,967▲ $799,935

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$107,179$41,003$148,182
Equipment$20,454$105,794$126,248
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott SailorsExecutive DiFT$239,555$19,439$258,994
Scott SailorsExecutive Director-$239,555$19,439$258,994
Todd MullinerPresident ofFT$192,465$28,735$221,200
Todd MullinerPresident of Oper-$192,465$28,735$221,200
Jason CulverChief CreditFT$116,956$20,844$137,800
Will SailorsVP LendingFT$109,327$22,923$132,250
Dennis GramsChairPT$21,000-$21,000
Doug WiemerDirectorPT$16,000-$16,000
Jacob BorstDirectorPT$16,000-$16,000
James BarrDirectorPT$16,000-$16,000
Jeff ReifschneiderDirectorPT$16,000-$16,000
Loren KuceraDirectorPT$16,000-$16,000
Nicholas MenefeeDirectorPT$16,000-$16,000
Stephen AmundsonVice ChairPT$16,000-$16,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,003,678
Investment Income
$233,453
Other Revenue
$0
Change in Net Assets
$653,866

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,237,131
Total Revenue per Audited Statements
$2,237,131
Total Revenue per Form 990
$2,237,131
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,050,854
Other Expenses$532,411
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$565,042$84,582-$649,624
Current Officers, Directors, Trustees, and Key Employees$24,434$219,900-$244,334
Fees for Services Legal$130,892$43,421-$174,313
Conferences and Meetings$129,000--$129,000
Payroll Taxes$39,793$20,554-$60,347
Occupancy$32,256$25,415-$57,671
Other Employee Benefits$36,983$19,103-$56,086
Pension Plan Contributions$26,681$13,782-$40,463
Office Expenses$23,102$9,278-$32,380
Fees for Services Accounting-$30,954-$30,954
Insurance$13,594$10,711-$24,305
Advertising$8,712$6,864-$15,576
Travel$7,079$8,204-$15,283
Depreciation Depletion-$11,700-$11,700
Other Expenses$472$704-$1,176
Total Functional Expenses$1,056,551$526,714$0$1,583,265

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,583,265
Total Expenses per Audited Statements$1,583,265
Total Expenses per Form 990$1,583,265
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$199,693
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
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
No
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 11B

“The form 990 is reviewed and accepted by the organization's executive director prior to being filed.”

Form 990, Page 6, Part VI, Line 19

“The organization's governing documents and financial statements are available to the public upon request to the administrative offices.”

Filing and Contact Details

Filer

Filer Name
Nebraska Economic Development
EIN
47-0721052
Address
4445 SOUTH 86TH STREET SUITE 200, LINCOLN, NE 68526

Signing Officer

Name
Scott Sailors
Title
Executive Director
Signed
2024-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Sailors
Formed
1987
Legal Domicile
Ne
Voting Board Members
9
Independent Board Members
0
Employees
7

Preparer

Firm
Dana F Cole & Company Llp
Address
1248 O ST STE 500, LINCOLN, NE 68508-1424
Preparer
Kerry Gustafsson
Phone
4024799300
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Furthering the economic development and social welfare of nebraska and its environs with specific emphasis on the area by promoting and assisting the growth and development of business concerns, including small business concerns in such area. The principal objectives community by fostering increased employment opportunities and expansion of business and industry for the citizens of the area.”

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IRS990/OccupancyGrp/ManagementAndGeneralAmt025415
IRS990/OccupancyGrp/ProgramServicesAmt032256
IRS990/OccupancyGrp/TotalAmt057671
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09278
IRS990/OfficeExpensesGrp/ProgramServicesAmt023102
IRS990/OfficeExpensesGrp/TotalAmt032380
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt0199693
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019103
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt036983
IRS990/OtherEmployeeBenefitsGrp/TotalAmt056086
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1TELEPHONE
IRS990/OtherExpensesGrp/Desc2POSTAGE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt013481
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18061
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2704
IRS990/OtherExpensesGrp/ProgramServicesAmt017110
IRS990/OtherExpensesGrp/ProgramServicesAmt11401
IRS990/OtherExpensesGrp/ProgramServicesAmt2472
IRS990/OtherExpensesGrp/TotalAmt030591
IRS990/OtherExpensesGrp/TotalAmt19462
IRS990/OtherExpensesGrp/TotalAmt21176
IRS990/OtherLiabilitiesGrp/EOYAmt0199693
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt084582
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0565042
IRS990/OtherSalariesAndWagesGrp/TotalAmt0649624
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03091
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020554
IRS990/PayrollTaxesGrp/ProgramServicesAmt039793
IRS990/PayrollTaxesGrp/TotalAmt060347
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt013782
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt026681
IRS990/PensionPlanContributionsGrp/TotalAmt040463
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010404
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013507
IRS990/PrincipalOfficerNm0SCOTT SAILORS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0561499
IRS990/ProgramServiceRevenueGrp/BusinessCd1518210
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0SERVICING FEES
IRS990/ProgramServiceRevenueGrp/Desc1PROCESSING FEES
IRS990/ProgramServiceRevenueGrp/Desc2INTEREST INCOME- LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0938805
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1850544
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2214329
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0938805
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1850544
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2214329
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt032673
IRS990/PYOtherExpensesAmt0503858
IRS990/PYProgramServiceRevenueAmt01607922
IRS990/PYRevenuesLessExpensesAmt0-76161
IRS990/PYSalariesCompEmpBnftPaidAmt01212898
IRS990/PYTotalExpensesAmt01716756
IRS990/PYTotalRevenueAmt01640595
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0653866
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02003678
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05167317
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0951055
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0233453
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt032673
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt014437
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt058818
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt089001
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0428382
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02003678
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01607922
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01904305
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01260524
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01259689
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt08036118
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0233453
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt032673
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt014437
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt058818
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt089001
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0428382
IRS990ScheduleA/InvestmentIncomeCYPct00.05000
IRS990ScheduleA/InvestmentIncomePYPct00.03000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94940
IRS990ScheduleA/PublicSupportPY509Pct00.96540
IRS990ScheduleA/PublicSupportTotal509Amt08036118
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02003678
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01607922
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01904305
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01260524
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01259689
IRS990ScheduleA/Total509Grp/TotalAmt08036118
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02237131
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01640595
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01918742
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01319342
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01348690
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08464500
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt020454
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0105794
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0126248
IRS990ScheduleD/ExpensesSubtotalAmt01583265
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0107179
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt041003
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0148182
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0199693
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY
IRS990ScheduleD/RevenueSubtotalAmt02237131
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0127633
IRS990ScheduleD/TotalExpensesPerForm990Amt01583265
IRS990ScheduleD/TotalLiabilityAmt0199693
IRS990ScheduleD/TotalRevenuePerForm990Amt02237131
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02237131
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01583265
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0239555
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1192465
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt014660
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt117200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt04779
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt111535
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SCOTT SAILORS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1TODD MULLINER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1PRESIDENT OF OPER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0258994
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1221200
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FURTHERING THE ECONOMIC DEVELOPMENT AND SOCIAL WELFARE OF NEBRASKA AND ITS ENVIRONS WITH SPECIFIC EMPHASIS ON THE AREA BY PROMOTING AND ASSISTING THE GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS, INCLUDING SMALL BUSINESS CONCERNS IN SUCH AREA. THE PRINCIPAL OBJECTIVES COMMUNITY BY FOSTERING INCREASED EMPLOYMENT OPPORTUNITIES AND EXPANSION OF BUSINESS AND INDUSTRY FOR THE CITIZENS OF THE AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED AND ACCEPTED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE ADMINISTRATIVE OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05459032
IRS990/TotalAssetsEOYAmt06258967
IRS990/TotalAssetsGrp/BOYAmt05459032
IRS990/TotalAssetsGrp/EOYAmt06258967
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0526714
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01056551
IRS990/TotalFunctionalExpensesGrp/TotalAmt01583265
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt091686
IRS990/TotalLiabilitiesEOYAmt0237755
IRS990/TotalLiabilitiesGrp/BOYAmt091686
IRS990/TotalLiabilitiesGrp/EOYAmt0237755
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05367346

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,258,967
Liabilities
$237,755
Net assets
$6,021,212
Revenue
$2,237,131
Expenses
$1,583,265
Net income
$653,866
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.89$0.21$6.68$2.30$1.64$0.65
2023Detailed filing. Detailed filing data is available for this year.$6.26$0.24$6.02$2.24$1.58$0.65
2023Summary only. Only limited summary data is available for this year.$6.26$0.24$6.02$2.24$1.58$0.65
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.46$0.09$5.37$1.64$1.72$0.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.50$0.05$5.44$1.92$1.54$0.38
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.11$0.04$5.06$1.32$1.53$0.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.36$0.09$5.27$1.35$1.32$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.33$0.09$5.24$1.20$1.43$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.53$0.06$5.47$1.48$1.53$0.05
2016Detailed filing. Detailed filing data is available for this year.$5.58$0.06$5.52$1.18$1.81$0.63
2015Detailed filing. Detailed filing data is available for this year.$6.23$0.08$6.15$1.16$1.23$0.07
2014Summary only. Only limited summary data is available for this year.$6.29$0.07$6.22$1.27$1.06$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.11$0.09$6.01$1.21
2012Summary only. Only limited summary data is available for this year.$6.60$0.73$5.87$1.36$0.96$0.40
2011Summary only. Only limited summary data is available for this year.$6.37$0.90$5.47$1.23$0.80$0.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.27$1.23$5.04$0.82