Box Butte Development Corporation is located in Alliance, NE. The organization was established in 1989. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2024, Box Butte Development Corporation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Box Butte Development Corporation 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 09/2024, Box Butte Development Corporation generated $944.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 34.9% each year . All expenses for the organization totaled $116.8k during the year ending 09/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
ECONOMIC DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE C4K GRANT PROVIDED FOR ADMINISTRATION HOSTING OF THE CHILD CARE INITIATIVE $909. SANTA HOUSE FOR CHILDRED $2049. HOUSING ADMINISTRATION EXPENSE $7000.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brett Ditsch Director | OfficerTrustee | 1 | $0 |
Derek Shafer Director | Trustee | 1 | $0 |
Lacy Willey Director | OfficerTrustee | 1 | $0 |
Jeff Stevens Director | Trustee | 1 | $0 |
Travis Miller Director | Trustee | 1 | $0 |
Barb Straub Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $18,910 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $908,700 |
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 | $927,610 |
Total Program Service Revenue | $167 |
Investment income | $17,128 |
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 | $944,905 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,958 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $65,914 |
Compensation of current officers, directors, key employees. | $65,914 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $9,051 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,585 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $4,952 |
Office expenses | $4,912 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $13,059 |
Travel | $1,177 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $517 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $317 |
Total functional expenses | $116,805 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $236,329 |
Savings and temporary cash investments | $1,310,083 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $400 |
Net Land, buildings, and equipment | $234,296 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,781,108 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $245,705 |
Other liabilities | $357 |
Total liabilities | $246,062 |
Net assets without donor restrictions | $417,046 |
Net assets with donor restrictions | $1,118,000 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,781,108 |