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EIN 32-0108328

Albion Economic Development Corporation

IRS 501(c) type
501(c)(6)
Num. employees
0
City
Albion
State
Nebraska
Year formed
2003
Most recent tax filings
2023-03-01
NTEE code, primary
S30: Economic Development
Description
Albion Economic Development Corporation promotes development in the Albion trade area by loaning funds, furnishing sites and buildings for industries interested in locating in the area, and providing economic assistance. The organization's focus is on economic and civic development in Albion, NE. In 2022, it issued a land grant to Boone Beginnings for the development of a non-profit child care facility and provided cash grants.
Total revenues
$402,607
2023
Total expenses
$181,497
2023
Total assets
$809,384
2023
Num. employees
0
2023

Program areas at Albion Economic Development Corporation

The Albion Economic Development Corporation (aedc) is focused on Economic and civic Development in the Albion, ne area. In 2022, it gave a land grant to boone beginnings for the Development of a non-profit child care facility. It also provided cash grants to boone beginnings for said facility and a cash grant to the boone county agriculutural education center for the fairgrounds project. Future projects in Development include affordable housing grants.

Grants made by Albion Economic Development Corporation

GranteeGrant descriptionAmount
Boone County Agricultural Education CenterFairground Project$10,000
Boone Beginnings Early Childhood and Family Development CenterEarly Childhood Dev$10,000

Personnel at Albion Economic Development Corporation

NameTitleCompensation
Jeffrey C JareckiPresident and Director$0
Andy RobertsVice President$0
Steven RuzekTreasurer$0
Julie MahoneyTreasurer and Director$0
Aubrey PalsSecretary$0
...and 1 more key personnel

Financials for Albion Economic Development Corporation

RevenuesFYE 03/2023
Total grants, contributions, etc.$329,651
Program services$68,590
Investment income and dividends$4,366
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$402,607

Form 990s for Albion Economic Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-032023-06-14990View PDF
2022-032022-06-03990View PDF
2021-032021-07-20990View PDF
2020-032020-08-14990View PDF
2019-032019-08-09990View PDF
...and 9 more Form 990s

Organizations like Albion Economic Development Corporation

OrganizationLocationRevenue
Washington County Economic DEVELOPMENT Council (WCEDC)Johnson City, TN$1,275,965
Fremont County Economic Development CorporationCanon City, CO$453,759
Stuart Enterprise for Economic Development (SEED)Stuart, IA$475,002
Central Maine Growth CouncilWaterville, ME$607,931
Rutherford County Economic Development AssociationForest City, NC$131,037
Knoxville Economic Development CorporationKnoxville, IA$161,338
Conway Economic Development CorMorrilton, AR$222,903
South Plains Economic Development DistrictLubbock, TX$244,255
Otsego County Development CorporationOneonta, NY$138,795
Arvada Economic Development AssociationArvada, CO$251,667
Data update history
July 23, 2023
Updated personnel
Identified 1 new personnel
July 22, 2023
Used new vendors
Identified 1 new vendor, including
May 8, 2023
Updated personnel
Identified 1 new personnel
October 10, 2021
Posted financials
Added Form 990 for fiscal year 2021
October 2, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingNo full-time employees
General information
Address
233 S 4th St
Albion, NE 68620
County
Boone County, NE
Phone
(402) 395-6004
IRS details
EIN
32-0108328
Fiscal year end
March
Taxreturn type
Form 990
Year formed
2003
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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