Civic Intelligence

Dickinson County Economic

EIN 47-2904114 • 501(c)6 • Abilene, KS

Profile

To promote economic development in dickinson county by attracting new industries and retaining existing businesses while enhancing and improving the quality of life for businesses, residents and visitors.

PO Box 462Abilene, KS 67410

www.dkedc.com

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.02x

Higher debt load relative to assets than 42% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.05x

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

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

54th percentile

4.6%

Higher net margin than 54% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

85th percentile

$35,900

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 25.0% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2015

Asset Growth

48th percentile

3.2%

Faster asset growth than 48% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-29%

Faster revenue growth than 5% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$755,650

Up $23,292 (+3.2%) from 2023

Liabilities

Down

$14,062

Down $835 (-5.6%) from 2023

Net Assets

Up

$741,588

Up $24,127 (+3.4%) from 2023

Revenue

Down

$300,644

Down $120,836 (-29%) from 2023

Expenses

Down

$286,780

Down $26,526 (-8.5%) from 2023

Net Income

Down

$13,864

Down $94,310 (-87%) from 2023

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2015: $90,831Liabilities 2015: $1,984Net Assets 2015: $88,8472015Assets 2016: $104,441Liabilities 2016: $1,351Net Assets 2016: $103,0902016Assets 2017: $148,831Liabilities 2017: $44,000Net Assets 2017: $104,8312017Assets 2018: $301,503Liabilities 2018: $2,937Net Assets 2018: $298,5662018Assets 2019: $375,561Liabilities 2019: $3,554Net Assets 2019: $372,0072019Assets 2020: $392,611Liabilities 2020: $3,896Net Assets 2020: $388,7152020Assets 2021: $407,694Liabilities 2021: $4,944Net Assets 2021: $402,7502021Assets 2022: $598,887Liabilities 2022: $6,851Net Assets 2022: $592,0362022Assets 2023: $732,358Liabilities 2023: $14,897Net Assets 2023: $717,4612023Assets 2024: $755,650Liabilities 2024: $14,062Net Assets 2024: $741,5882024

Highlighted filing

2024

Assets$755,650
Liabilities$14,062
Net Assets$741,588

Operations Trend

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

$600K$400K$200K$0Revenue 2015: $143,638Expenses 2015: $54,791Net Income 2015: $88,8472015Revenue 2016: $179,682Expenses 2016: $165,439Net Income 2016: $14,2432016Revenue 2017: $248,336Expenses 2017: $246,595Net Income 2017: $1,7412017Revenue 2018: $341,463Expenses 2018: $147,728Net Income 2018: $193,7352018Revenue 2019: $361,401Expenses 2019: $287,960Net Income 2019: $73,4412019Revenue 2020: $339,986Expenses 2020: $323,278Net Income 2020: $16,7082020Revenue 2021: $505,725Expenses 2021: $491,690Net Income 2021: $14,0352021Revenue 2022: $488,474Expenses 2022: $297,900Net Income 2022: $190,5742022Revenue 2023: $421,480Expenses 2023: $313,306Net Income 2023: $108,1742023Revenue 2024: $300,644Expenses 2024: $286,780Net Income 2024: $13,8642024

Highlighted filing

2024

Revenue$300,644
Expenses$286,780
Net Income$13,864

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 6, 2025
Return Version
2024v5.0
Gross Receipts
$300,644
Mission and Program Overview

Mission

To promote economic development in dickinson county by attracting new industries and retaining existing businesses while enhancing and improving the quality of life for businesses, residents and visitors.

The purpose dickinson county economic development corporation is to further the economic development of dickinson county, kansas by promoting and assisting the growth and development of business and industry; as well as addressing all business concerns within dickinson county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$480,000$483,154▲ $3,154
Cash and Non-Interest-Bearing Accounts$75,224$77,049▲ $1,825
Total Assets$732,358$755,650▲ $23,292
Other Assets Total$177,134$195,447▲ $18,313
Liabilities
Other Liabilities$14,897$14,062▼ $835
Total Liabilities$14,897$14,062▼ $835
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$711,461$741,588▲ $30,127
Net Assets With Donor Restrictions$6,000--
Total Net Assets Fund Balance$717,461$741,588▲ $24,127
Total Liabilities and Net Assets / Fund Balance$732,358$755,650▲ $23,292

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$195,447--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jessica GooddaleExecutive DiFT$95,560$2,850$98,410

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$267,240
Program Service Revenue
$30
Investment Income
$33,224
Other Revenue
$150
All Other Contributions
$92,650
Change in Net Assets
$13,864
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$203,965
Other Expenses$82,815
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$95,560
Other Salaries and Wages---$62,141
Other Employee Benefits---$32,850
Occupancy---$21,598
Information Technology---$15,893
Payroll Taxes---$13,414
Office Expenses---$9,100
Insurance---$8,441
Fees for Services Accounting---$7,800
Advertising---$5,357
Conferences and Meetings---$3,601
Travel---$757
All Other Expenses---$431
Other Expenses---$261
Total Functional Expenses$0$0$0$286,780
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
Storefront Loans$9,072
Payroll Liabilities$3,633
Credit Card$1,357
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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 7A

Of the 21 board members eligible per the by-laws, 10 are from the public sector and 11 from the private sector. The public sector members are appointed by city commission and private sector members are asked to fill out a questionnaire along with a letter of intent. The full board reviews the private sector respondents and a full board vote is made to appoint someone.

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

The executive director is responsible for the timely preparation of the form 990. The executive director may confer with accountants and legal counsel with respect to drafts of the form 990 and the executive diretor or other authorized officer of the organization shall sign the final form. A copy of the form 990 is distributed to the governing body prior to filing if feasible, otherwise, a copy of the filed form 990 is circulated to the governing body as promptly as reasonably practical after the filing.

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

Each new responsible person (an officer, employee or member of the board of directors) is required to review a copy of the conflict of interest policy and acknowledge in writing that he or she has done so. Annually, each new responsible person must complete a disclosure form identifying any relationships, positions, or circumstances which could contribute to a conflict of interest arising. Any responsible person with a conflict of interest shall not be involved in any discussions regarding contracts or transactions involving a conflict of interest.

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

The executive officers determine the salary for the executive director.

Form 990, Page 6, Part VI, Line 19

Upon written request to the executive director, governing documents are made available to the public.

Filing and Contact Details

Filer

Filer Name
Dickinson County Economic
EIN
47-2904114
Phone
7852003518
Address
PO BOX 462, ABILENE, KS 67410
Doing Business As
Dickinson County Economic Developme

Signing Officer

Name
Austin Britt
Title
Treasurer
Signed
2025-10-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Darrin Volkman
Formed
2014
Legal Domicile
Ks
Voting Board Members
18
Independent Board Members
18
Employees
5

Preparer

Firm
Pottberg Gassman & Hoffman Chtd
Address
505 NW 3RD SUITE I, ABILENE, KS 67410
Preparer
Randy J Gassman CPA
Phone
7852632171
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item C

Dickinson county economic developme

Form 990, Page 2, Part III, Line 4B

The driving dickinson county partnership program is dkedc's business retention & expansion focused program. The program included the following in 2024: 1) members comprised of businesses, nonprofits, and private individuals. 2) business after hours networking events. 3) lunch & learn education events for members. 4) holiday contests for businesses to showcase their talents. 5) business visits between a partnership representative and business owners across dickinson county to discuss challenges and what's working well. 6) ribbon cutting events for new businesses starting up in dickinson county.

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IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt021598
IRS990/OfficeExpensesGrp/TotalAmt09100
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IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc0BUSINESS PROMOTION & EVEN
IRS990/OtherExpensesGrp/Desc1MEMBERSHIP DUES
IRS990/OtherExpensesGrp/Desc2STAFF TRAINING
IRS990/OtherExpensesGrp/Desc3DUES & SUBSCRIPTIONS
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IRS990/OtherExpensesGrp/TotalAmt12699
IRS990/OtherExpensesGrp/TotalAmt2329
IRS990/OtherExpensesGrp/TotalAmt3261
IRS990/OtherLiabilitiesGrp/BOYAmt014897
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IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS OTHER
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IRS990/OtherRevenueTotalAmt0150
IRS990/OtherSalariesAndWagesGrp/TotalAmt062141
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt013414
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DARRIN VOLKMAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0STOREFRONT ADMIN FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt030
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt030
IRS990/ProgSrvcAccomActy2Grp/Desc0THE DRIVING DICKINSON COUNTY PARTNERSHIP PROGRAM IS DKEDC'S BUSINESS RETENTION & EXPANSION FOCUSED PROGRAM. THE PROGRAM INCLUDED THE FOLLOWING IN 2024: 1) MEMBERS COMPRISED OF BUSINESSES, NONPROFITS, AND PRIVATE INDIVIDUALS. 2) BUSINESS AFTER HOURS NETWORKING EVENTS. 3) LUNCH & LEARN EDUCATION EVENTS FOR MEMBERS. 4) HOLIDAY CONTESTS FOR BUSINESSES TO SHOWCASE THEIR TALENTS. 5) BUSINESS VISITS BETWEEN A PARTNERSHIP REPRESENTATIVE AND BUSINESS OWNERS ACROSS DICKINSON COUNTY TO DISCUSS CHALLENGES AND WHAT'S WORKING WELL. 6) RIBBON CUTTING EVENTS FOR NEW BUSINESSES STARTING UP IN DICKINSON COUNTY.
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYOtherRevenueAmt0552
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IRS990/PYRevenuesLessExpensesAmt0108174
IRS990/PYSalariesCompEmpBnftPaidAmt0232652
IRS990/PYTotalExpensesAmt0313306
IRS990/PYTotalRevenueAmt0421480
IRS990/ReconcilationRevenueExpnssAmt013864
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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0480000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0483154
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0195447
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BENEFICIAL INTEREST IN COMMUNITY FDN
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13633
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21357
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0STOREFRONT LOANS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CREDIT CARD
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0195447
IRS990ScheduleD/TotalLiabilityAmt014062
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DICKINSON COUNTY ECONOMIC DEVELOPME
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DRIVING DICKINSON COUNTY PARTNERSHIP PROGRAM IS DKEDC'S BUSINESS RETENTION & EXPANSION FOCUSED PROGRAM. THE PROGRAM INCLUDED THE FOLLOWING IN 2024: 1) MEMBERS COMPRISED OF BUSINESSES, NONPROFITS, AND PRIVATE INDIVIDUALS. 2) BUSINESS AFTER HOURS NETWORKING EVENTS. 3) LUNCH & LEARN EDUCATION EVENTS FOR MEMBERS. 4) HOLIDAY CONTESTS FOR BUSINESSES TO SHOWCASE THEIR TALENTS. 5) BUSINESS VISITS BETWEEN A PARTNERSHIP REPRESENTATIVE AND BUSINESS OWNERS ACROSS DICKINSON COUNTY TO DISCUSS CHALLENGES AND WHAT'S WORKING WELL. 6) RIBBON CUTTING EVENTS FOR NEW BUSINESSES STARTING UP IN DICKINSON COUNTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OF THE 21 BOARD MEMBERS ELIGIBLE PER THE BY-LAWS, 10 ARE FROM THE PUBLIC SECTOR AND 11 FROM THE PRIVATE SECTOR. THE PUBLIC SECTOR MEMBERS ARE APPOINTED BY CITY COMMISSION AND PRIVATE SECTOR MEMBERS ARE ASKED TO FILL OUT A QUESTIONNAIRE ALONG WITH A LETTER OF INTENT. THE FULL BOARD REVIEWS THE PRIVATE SECTOR RESPONDENTS AND A FULL BOARD VOTE IS MADE TO APPOINT SOMEONE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR IS RESPONSIBLE FOR THE TIMELY PREPARATION OF THE FORM 990. THE EXECUTIVE DIRECTOR MAY CONFER WITH ACCOUNTANTS AND LEGAL COUNSEL WITH RESPECT TO DRAFTS OF THE FORM 990 AND THE EXECUTIVE DIRETOR OR OTHER AUTHORIZED OFFICER OF THE ORGANIZATION SHALL SIGN THE FINAL FORM. A COPY OF THE FORM 990 IS DISTRIBUTED TO THE GOVERNING BODY PRIOR TO FILING IF FEASIBLE, OTHERWISE, A COPY OF THE FILED FORM 990 IS CIRCULATED TO THE GOVERNING BODY AS PROMPTLY AS REASONABLY PRACTICAL AFTER THE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EACH NEW RESPONSIBLE PERSON (AN OFFICER, EMPLOYEE OR MEMBER OF THE BOARD OF DIRECTORS) IS REQUIRED TO REVIEW A COPY OF THE CONFLICT OF INTEREST POLICY AND ACKNOWLEDGE IN WRITING THAT HE OR SHE HAS DONE SO. ANNUALLY, EACH NEW RESPONSIBLE PERSON MUST COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES WHICH COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. ANY RESPONSIBLE PERSON WITH A CONFLICT OF INTEREST SHALL NOT BE INVOLVED IN ANY DISCUSSIONS REGARDING CONTRACTS OR TRANSACTIONS INVOLVING A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE EXECUTIVE OFFICERS DETERMINE THE SALARY FOR THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON WRITTEN REQUEST TO THE EXECUTIVE DIRECTOR, GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4B
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 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 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/TotalAssetsBOYAmt0732358
IRS990/TotalAssetsEOYAmt0755650
IRS990/TotalAssetsGrp/BOYAmt0732358
IRS990/TotalAssetsGrp/EOYAmt0755650
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0267240
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0286780
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014897
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IRS990/TotalOtherCompensationAmt02850
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IRS990/TotalRevenueGrp/ExclusionAmt033224
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0300644
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0732358
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0755650
IRS990/TravelGrp/TotalAmt0757
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0108 NEBRASKA AVE
IRS990/USAddress/CityNm0WOODBINE
IRS990/USAddress/StateAbbreviationCd0KS
IRS990/USAddress/ZIPCd067492
IRS990/VotingMembersGoverningBodyCnt018
IRS990/VotingMembersIndependentCnt018
IRS990/WebsiteAddressTxt0HTTPS://WWW.DKEDC.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AUSTIN BRITT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DICKINSON COUNTY ECONOMIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0DICK
ReturnHeader/Filer/EIN0472904114
ReturnHeader/Filer/PhoneNum07852003518
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 462
ReturnHeader/Filer/USAddress/CityNm0ABILENE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KS
ReturnHeader/Filer/USAddress/ZIPCd067410

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