Nebraska Economic Developers Association
- Assets
- $176.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milford, NE
- Founding
- 03/1981
- Data as of
- 12/2022
- EIN
- 47-0630494
Organization Overview
Nebraska Economic Developers Association is located in Milford, NE. The organization was established in 1981. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska Economic Developers Association 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 12/2022, Nebraska Economic Developers Association generated $101.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $83.8k during the year ending 12/2022. While expenses have increased by 19.0% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE NEDA HOLDS AN ANNUAL CONFERENCE AND ANNUAL TRAINING SESSIONS CONCERNED WITH CONTINUING EDUCATION FOR MEMBERS, LEGISLATIVE REVIEW TO INFORM MEMBERS OF PROPOSED LEGISLATION AFFECTING ECONOMIC DEVELOPMENT AND TO ADVANCE STUDY IN THE ECONOMIC DEVELOPMENT FIELD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Feeken President | 2 | $0 | |
Trevor Lee Vice President | 2 | $0 | |
Chelsie Herian Treasurer | 2 | $0 | |
James Caraway II Secretary | 2 | $0 | |
Walker Zulkoski Past President | 2 | $0 | |
Luke Peltz Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,000 |
| Total Program Service Revenue | $37,358 |
| Membership dues | $35,100 |
| Investment income | $230 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $101,688 |
| 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 | $28,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $55,682 |
| Total expenses | $83,782 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $176,758 |
| Other assets | $0 |
| Total assets | $176,758 |
| Total liabilities | $0 |
| Net assets or fund balances | $176,758 |