Greater Fremont Development Council

Organization Overview

Greater Fremont Development Council is located in Fremont, NE. The organization was established in 1974. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 01/2022, Greater Fremont Development Council employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Fremont Development Council is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 01/2022, Greater Fremont Development Council generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $882.6k during the year ending 01/2022. While expenses have increased by 17.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTION AND INDUCEMENT OF GENERAL COMMERCIAL ACTIVITY IN THE FREMONT AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTION AND INDUCEMENT OF GENERAL COMMERCIAL ACTIVITY IN THE FREMONT AREA.


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Board, Officers & Key Employees

Name (title)Compensation
Jessica Kolterman
Vice-Preside
$0
Diane Mallette
President
$0
Name Not Listed
Trustee
$0
Mike Arps
Trustee
$0
Brett Richmond
Trustee
$0
Matt Mueller
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $635,326
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$635,326
Total Program Service Revenue$329,250
Investment income $74,497
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,068,134

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Greater Fremont Development Council has recieved totaling $35,326.

Awarding OrganizationAmount
Greater Omaha Chamber Of Commerce

Omaha, NE

PURPOSE: PPP GRANT (THEIR EMPLOYEES RUN THROUGH OUR PAYROLL)

$35,326
View Grant Recipient Profile

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