Civic Intelligence

Northeast Economic Development Inc.

990 • Fiscal year 2021 • EIN 47-0841633

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 22, 2021

Organization ProfileWWW.NENEDD.ORG
111 S 1st StreetNorfolk, NE 68701

(402) 379-1150

Siviq Scores

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

Liabilities / Assets

49th percentile

0.12x

Higher debt load relative to assets than 49% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

76th percentile

0.57x

Higher debt load relative to revenue than 76% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

85th percentile

47%

Higher net margin than 85% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

50th percentile

9.7%

Faster asset growth than 50% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

16th percentile

-13%

Faster revenue growth than 16% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$8,945,646

Up $787,435 (+9.7%) from 2020

Net Assets

Up

$7,878,345

Up $870,546 (+12%) from 2020

Liabilities

Down

$1,067,301

Down $83,111 (-7.2%) from 2020

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin85th percentile

Revenue

Down

$1,866,623

Down $288,807 (-13%) from 2020

Expenses

Down

$996,077

Down $112,065 (-10%) from 2020

Net Income

Down

$870,546

Down $176,742 (-17%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$15M$10M$5.0M$0Assets 2011: $3,892,651Liabilities 2011: $863,088Net Assets 2011: $3,029,5632011Assets 2012: $5,403,047Liabilities 2012: $1,379,817Net Assets 2012: $4,023,2302012Assets 2013: $5,601,857Liabilities 2013: $1,630,772Net Assets 2013: $3,971,0852013Assets 2014: $5,921,205Liabilities 2014: $1,724,783Net Assets 2014: $4,196,4222014Assets 2015: $7,202,777Liabilities 2015: $1,713,666Net Assets 2015: $5,489,1112015Assets 2016: $7,689,304Liabilities 2016: $1,781,521Net Assets 2016: $5,907,7832016Assets 2017: $7,481,156Liabilities 2017: $1,515,650Net Assets 2017: $5,965,5062017Assets 2018: $6,921,099Liabilities 2018: $1,337,295Net Assets 2018: $5,583,8042018Assets 2019: $7,198,990Liabilities 2019: $1,238,479Net Assets 2019: $5,960,5112019Assets 2020: $8,158,211Liabilities 2020: $1,150,412Net Assets 2020: $7,007,7992020Assets 2021: $8,945,646Liabilities 2021: $1,067,301Net Assets 2021: $7,878,3452021Assets 2022: $9,868,632Liabilities 2022: $1,015,551Net Assets 2022: $8,853,0812022Assets 2023: $10,227,527Liabilities 2023: $949,714Net Assets 2023: $9,277,8132023Assets 2024: $10,390,305Liabilities 2024: $860,147Net Assets 2024: $9,530,1582024Assets 2025: $11,135,686Liabilities 2025: $1,053,244Net Assets 2025: $10,082,4422025

Highlighted filing

2021

Assets$8,945,646
Liabilities$1,067,301
Net Assets$7,878,345
Open 2021 Filing

Operations Trend

Revenue Growth16th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,362,790Expenses 2011: $1,162,029Net Income 2011: $200,7612011Revenue 2012: $2,878,971Expenses 2012: $1,885,304Net Income 2012: $993,6672012Expenses 2013: $750,3022013Revenue 2014: $874,334Expenses 2014: $648,997Net Income 2014: $225,3372014Revenue 2015: $2,100,382Expenses 2015: $807,693Net Income 2015: $1,292,6892015Revenue 2016: $1,185,960Expenses 2016: $767,288Net Income 2016: $418,6722016Revenue 2017: $911,440Expenses 2017: $853,717Net Income 2017: $57,7232017Revenue 2018: $1,127,933Expenses 2018: $1,509,635Net Income 2018: -$381,7022018Revenue 2019: $972,885Expenses 2019: $596,178Net Income 2019: $376,7072019Revenue 2020: $2,155,430Expenses 2020: $1,108,142Net Income 2020: $1,047,2882020Revenue 2021: $1,866,623Expenses 2021: $996,077Net Income 2021: $870,5462021Revenue 2022: $1,587,221Expenses 2022: $612,485Net Income 2022: $974,7362022Revenue 2023: $775,884Expenses 2023: $351,152Net Income 2023: $424,7322023Revenue 2024: $1,088,618Expenses 2024: $836,273Net Income 2024: $252,3452024Revenue 2025: $1,015,034Expenses 2025: $462,750Net Income 2025: $552,2842025

Highlighted filing

2021

Revenue$1,866,623
Expenses$996,077
Net Income$870,546
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 22, 2021
Return Version
2020v4.0
Gross Receipts
$1,866,623
Mission and Program Overview

Mission

Address community and economic development opportunities in northeast nebraska, and to seek funds, grants, contributions and any other type of funding to attain these goals.

Address community and economic development opportunities in northeast nebraska, and to see funds, grants, contributions and any other type of funding to attain these goals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$9,749,209$8,990,497▼ $758,712
Savings and Temporary Cash Investments$2,209,233$3,201,309▲ $992,076
Pledges and Grants Receivable$20,000--
Cash and Non-Interest-Bearing Accounts$1,547$1,524▼ $23
Total Assets$8,158,211$8,945,646▲ $787,435
Other Assets Total$-3,821,778$-3,247,684▲ $574,094
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,113,305$1,029,589▼ $83,716
Accounts Payable and Accrued Expenses$37,107$37,712▲ $605
Total Liabilities$1,150,412$1,067,301▼ $83,111
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,007,799$7,878,345▲ $870,546
Total Net Assets Fund Balance$7,007,799$7,878,345▲ $870,546
Total Liabilities and Net Assets / Fund Balance$8,158,211$8,945,646▲ $787,435

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$2,250$2,250
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Jim MccarvillePresident
Jerry EngdahlDirector
Megan WeaverDirector
Mike FrankDirector
Rich JablonskiDirector
Tina M EngelbartDeputy Direc
Thomas Higginbotham JrExecutive Di
Shannon StuchlikSecretary/tr
Brad AlbersVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$880,126
Program Service Revenue
$236,390
Investment Income
$10,398
Other Revenue
$739,709
Change in Net Assets
$870,546

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,866,623
Total Revenue per Audited Statements
$1,866,623
Total Revenue per Form 990
$1,866,623
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$911,939
Grants and Similar Amounts Paid$84,138
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$82,116$115,506-$197,622
Grants to Domestic Individuals$84,138--$84,138
Interest-$14,540-$14,540
Fees for Services Accounting-$6,040-$6,040
Other Expenses$14,624$292-$292
Total Functional Expenses$859,699$136,378$0$996,077

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$996,077
Total Expenses per Audited Statements$996,077
Total Expenses per Form 990$996,077
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“Northeast economic development, inc., (ned, inc.) has contracted with northeast nebraska economic development district (nenedd), to provide professional services and support for loan closings, grant applications, and managing projects and programs.”

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

“The organization's executive director and fiscal officer review the form 990 prior to its submission to the irs.”

Form 990, Page 6, Part VI, Line 12C

“Currently, the board of directors and the executive director reviews the "conflict of interest policy" annually.”

Form 990, Page 6, Part VI, Line 19

“Currently, governing documents, conflict of interest policy, and financial statements are made available to the public on the organization's website.”

Filing and Contact Details

Filer

Filer Name
Northeast Economic Development Inc
EIN
47-0841633
Phone
4023791150
Address
111 S 1ST STREET, NORFOLK, NE 68701

Signing Officer

Name
Jim Mccarville
Title
President
Phone
4023791150
Signed
2021-11-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Mccarville
Formed
2000
Legal Domicile
Ne
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Schumacher Smejkal Brockhaus & Herley Pc
Address
508 WEST PROSPECT AVENUE, NORFOLK, NE 68701
Preparer
Brock Herley
Phone
4023792722
Raw XML Appendix373 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt037107
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt037712
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ADDRESS COMMUNITY AND ECONOMIC DEVELOPMENT OPPORTUNITIES IN NORTHEAST NEBRASKA, AND TO SEE FUNDS, GRANTS, CONTRIBUTIONS AND ANY OTHER TYPE OF FUNDING TO ATTAIN THESE GOALS.
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0NORTHEAST NE ECONOMIC DEVELOPMENT
IRS990/BooksInCareOfDetail/PhoneNum04023791150
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0111 S 1ST STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0NORFOLK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NE
IRS990/BooksInCareOfDetail/USAddress/ZIPCd068701
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01547
IRS990/CashNonInterestBearingGrp/EOYAmt01524
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0880126
IRS990/CYGrantsAndSimilarPaidAmt084138
IRS990/CYInvestmentIncomeAmt010398
IRS990/CYOtherExpensesAmt0911939
IRS990/CYOtherRevenueAmt0739709
IRS990/CYProgramServiceRevenueAmt0236390
IRS990/CYRevenuesLessExpensesAmt0870546
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0996077
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01866623
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/Desc0PROVIDE NO INTEREST, LOW INTEREST AND FORGIVABLE LOANS TO LOW INCOME FAMILIES AS DOWN PAYMENT MONIES FOR THE PURCHASE OF A HOME, OR FOR RESTORATION AND REHABILITATION OF THEIR HOME.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0859699
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06040
IRS990/FeesForServicesAccountingGrp/TotalAmt06040
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0115506
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt082116
IRS990/FeesForServicesManagementGrp/TotalAmt0197622
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt28.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt58.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0BRAD ALBERS
IRS990/Form990PartVIISectionAGrp/PersonNm1JERRY ENGDAHL
IRS990/Form990PartVIISectionAGrp/PersonNm2TINA M ENGELBART
IRS990/Form990PartVIISectionAGrp/PersonNm3MIKE FRANK
IRS990/Form990PartVIISectionAGrp/PersonNm4RICH JABLONSKI
IRS990/Form990PartVIISectionAGrp/PersonNm5THOMAS HIGGINBOTHAM JR
IRS990/Form990PartVIISectionAGrp/PersonNm6JIM MCCARVILLE
IRS990/Form990PartVIISectionAGrp/PersonNm7SHANNON STUCHLIK
IRS990/Form990PartVIISectionAGrp/PersonNm8MEGAN WEAVER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DEPUTY DIREC
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0880126
IRS990/GrantAmt084138
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt084138
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt084138
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01866623
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ManagementAndGeneralAmt014540
IRS990/InterestGrp/TotalAmt014540
IRS990/InvestmentIncomeGrp/ExclusionAmt010398
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010398
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt0111
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02250
IRS990/LandBldgEquipCostOrOtherBssAmt02250
IRS990/LegalDomicileStateCd0NE
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ADDRESS COMMUNITY AND ECONOMIC DEVELOPMENT OPPORTUNITIES IN NORTHEAST NEBRASKA, AND TO SEE FUNDS, GRANTS, CONTRIBUTIONS AND ANY OTHER TYPE OF FUNDING TO ATTAIN THESE GOALS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01113305
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01029589
IRS990/NetAssetsOrFundBalancesBOYAmt07007799
IRS990/NetAssetsOrFundBalancesEOYAmt07878345
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt07007799
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07878345
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0-3821778
IRS990/OtherAssetsTotalGrp/EOYAmt0-3247684
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1GRANT ADMINISTRATION
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0292
IRS990/OtherExpensesGrp/ProgramServicesAmt0678821
IRS990/OtherExpensesGrp/ProgramServicesAmt114624
IRS990/OtherExpensesGrp/TotalAmt0678821
IRS990/OtherExpensesGrp/TotalAmt114624
IRS990/OtherExpensesGrp/TotalAmt2292
IRS990/OtherRevenueMiscGrp/Desc0BAD DEBT RECOVERY
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0738162
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11547
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0738162
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11547
IRS990/OtherRevenueTotalAmt0739709
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt09749209
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt08990497
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt020000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JIM MCCARVILLE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1ADMINISTRATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0207881
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt128509
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0207881
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt128509
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01784320
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt063146
IRS990/PYInvestmentIncomeAmt027078
IRS990/PYOtherExpensesAmt01044996
IRS990/PYOtherRevenueAmt0121847
IRS990/PYProgramServiceRevenueAmt0222185
IRS990/PYRevenuesLessExpensesAmt01047288
IRS990/PYTotalExpensesAmt01108142
IRS990/PYTotalRevenueAmt02155430
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0870546
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0236390
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02209233
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03201309
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0880126
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01784320
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0539254
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0784386
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0561913
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04549999
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt010398
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt027078
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt039338
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt024368
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt015107
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0116289
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02033603
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97510
IRS990ScheduleA/PublicSupportPY170Pct00.97500
IRS990ScheduleA/PublicSupportTotal170Amt04549999
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0880126
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01784320
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0539254
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0784386
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0561913
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04549999
IRS990ScheduleA/TotalSupportAmt04666288
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02250
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02250
IRS990ScheduleD/ExpensesSubtotalAmt0996077
IRS990ScheduleD/RevenueSubtotalAmt01866623
IRS990ScheduleD/TotalExpensesPerForm990Amt0996077
IRS990ScheduleD/TotalRevenuePerForm990Amt01866623
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01866623
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0996077
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt064506
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt119632
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0AMORT. OF LOANS FORGIVEN
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1REHABILITATION LOAN DISB.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt07
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt110
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NORTHEAST ECONOMIC DEVELOPMENT, INC., (NED, INC.) HAS CONTRACTED WITH NORTHEAST NEBRASKA ECONOMIC DEVELOPMENT DISTRICT (NENEDD), TO PROVIDE PROFESSIONAL SERVICES AND SUPPORT FOR LOAN CLOSINGS, GRANT APPLICATIONS, AND MANAGING PROJECTS AND PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S EXECUTIVE DIRECTOR AND FISCAL OFFICER REVIEW THE FORM 990 PRIOR TO ITS SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CURRENTLY, THE BOARD OF DIRECTORS AND THE EXECUTIVE DIRECTOR REVIEWS THE "CONFLICT OF INTEREST POLICY" ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CURRENTLY, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt08158211
IRS990/TotalAssetsEOYAmt08945646
IRS990/TotalAssetsGrp/BOYAmt08158211
IRS990/TotalAssetsGrp/EOYAmt08945646
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0880126
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0136378
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0859699
IRS990/TotalFunctionalExpensesGrp/TotalAmt0996077
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01150412
IRS990/TotalLiabilitiesEOYAmt01067301
IRS990/TotalLiabilitiesGrp/BOYAmt01150412
IRS990/TotalLiabilitiesGrp/EOYAmt01067301
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07007799
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07878345
IRS990/TotalProgramServiceExpensesAmt0859699
IRS990/TotalProgramServiceRevenueAmt0236390
IRS990/TotalRevenueGrp/ExclusionAmt010398
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0976099
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01866623
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08158211
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08945646
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.NENEDD.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JIM MCCARVILLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04023791150
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTHEAST ECONOMIC DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0470841633
ReturnHeader/Filer/PhoneNum04023791150
ReturnHeader/Filer/USAddress/AddressLine1Txt0111 S 1ST STREET
ReturnHeader/Filer/USAddress/CityNm0NORFOLK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NE
ReturnHeader/Filer/USAddress/ZIPCd068701
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0470552214
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHUMACHER SMEJKAL BROCKHAUS & HERLEY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0508 WEST PROSPECT AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORFOLK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd068701
ReturnHeader/PreparerPersonGrp/PhoneNum04023792722
ReturnHeader/PreparerPersonGrp/PreparationDt02021-12-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BROCK HERLEY
ReturnHeader/ReturnTs02021-12-09T15:42:55-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JIM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MCCARVILLE
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,945,646
Liabilities
$1,067,301
Net assets
$7,878,345
Revenue
$1,866,623
Expenses
$996,077
Net income
$870,546
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$11.1$1.05$10.1$1.02$0.46$0.55
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$0.86$9.53$1.09$0.84$0.25
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.2$0.95$9.28$0.78$0.35$0.42
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.87$1.02$8.85$1.59$0.61$0.97
2021Detailed filing. Detailed filing data is available for this year.$8.95$1.07$7.88$1.87$1.00$0.87
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.16$1.15$7.01$2.16$1.11$1.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.20$1.24$5.96$0.97$0.60$0.38
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.92$1.34$5.58$1.13$1.51$0.38
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.48$1.52$5.97$0.91$0.85$0.06
2016Detailed filing. Detailed filing data is available for this year.$7.69$1.78$5.91$1.19$0.77$0.42
2015Detailed filing. Detailed filing data is available for this year.$7.20$1.71$5.49$2.10$0.81$1.29
2014Detailed filing. Detailed filing data is available for this year.$5.92$1.72$4.20$0.87$0.65$0.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.60$1.63$3.97$0.75
2012Summary only. Only limited summary data is available for this year.$5.40$1.38$4.02$2.88$1.89$0.99
2011Summary only. Only limited summary data is available for this year.$3.89$0.86$3.03$1.36$1.16$0.20