Niobrara Development Incorporated is located in Niobrara, NE. The organization was established in 1972. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Niobrara Development Incorporated is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Niobrara Development Incorporated generated $31.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $3.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE LAND FOR COMMUNITY DEVELOPMENT.PROVIDE FACILITY FOR US POST OFFICE.CONTINUE TO PROMOTE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matthew Moody Vice President | 1 | $0 | |
Gerald Kemp President | 1 | $0 | |
Teresa Hanzlik Secretary Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $11,616 |
Membership dues | $0 |
Investment income | $8,629 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $11,103 |
Total Revenue | $31,348 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $400 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $3,451 |
Total expenses | $3,851 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $375,120 |
Other assets | $0 |
Total assets | $483,695 |
Total liabilities | $0 |
Net assets or fund balances | $483,695 |