2024-11-08T11:52:02-06:00 2023-12-31 921841583 CORE CPAS PC 747 N BURLINGTON AVE STE 401 HASTINGS NE 689014479 990 2023-01-01 470551577 HASTINGS ECONOMIC DEVELOPMENT CORP HAST 4024618400 PO BOX 1104 HASTINGS NE 68902 SHANNON LANDAUER EXECUTIVE DIRECTOR 4024618403 2024-11-01 1 0 JAKE KLABENES CPA P01084019 4024624154 2024-11-01 2023 2024-10-15 13:58:12Z SHANNON LANDAUER 301 S BURLINGTON AVE HASTINGS NE 68901 772666 0 X WWW.HASTINGSEDC.COM X 1973 NE CIVIC BETTERMENT 28 27 4 0 0 0 256324 276305 12895 43202 -1620324 -89495 0 0 -1351105 230012 0 0 0 0 202171 287637 0 0 0 227100 430671 429271 718308 -1780376 -488296 6633395 7679193 145883 1679977 6487512 5999216 TO ADVANCE, ENCOURAGE, PROMOTE AND STIMULATE THE GENERAL ECONOMIC, COMMERCIAL, EDUCATIONAL, SOCIAL, CIVIC AND GENERAL WELFARE AND PROSPERITY OF THE CITY OF HASTINGS, NEBRASKA, AND ITS SURROUNDING TERRITORY. 0 0 677633 -104452 THE PROMOTION OF INDUSTRIAL EXPANSION AND THE PROCUREMENT OF NEW INDUSTRY TO THE AREA, THEREBY CREATING NEW JOB OPPORTUNITIES AND ECONOMIC GROWTH. 677633 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 2 0 1 4 1 0 0 0 0 0 0 0 0 0 0 X 28 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X SHANNON LANDAUER 4024618403 301 S BURLINGTON AVE HASTINGS NE 68901 TRAVIS TUREK DIRECTOR 0.50 X 0 0 0 SCOTT KVOLS PRESIDENT 0.50 X X 0 0 0 ERIC BARBER DIRECTOR 0.50 X 0 0 0 MIKE HARLING DIRECTOR 0.50 X 0 0 0 COREY STUTTE DIRECTOR 0.50 X 0 0 0 TIM REDLINE DIRECTOR 0.50 X 0 0 0 SHAWN HARTMANN DIRECTOR 0.50 X 0 0 0 BETH COIL SECRETARY/TREASURER 0.50 X X 0 0 0 KEVIN JOHNSON DIRECTOR 0.50 X 0 0 0 BILL HITESMAN DIRECTOR 0.50 X 0 0 0 MARK HEMJE DIRECTOR 0.50 X 0 0 0 DEE HAUSSLER DIRECTOR 0.50 X 0 0 0 GARY BRANDT DIRECTOR 0.50 X 0 0 0 BRIAN BASSETT DIRECTOR 0.50 X 0 0 0 SHAWN SCOTT DIRECTOR 0.50 X 0 0 0 MIKKI SHAFER DIRECTOR 0.50 X 0 0 0 SCOTT STERLING DIRECTOR 0.50 X 0 0 0 CHRISTOPHER WADDLE DIRECTOR 0.50 X 0 0 0 MATT FONG DIRECTOR 0.50 X 0 0 0 CHUCK NUEMANN DIRECTOR 0.50 X 0 0 0 RICH LLOYD DIRECTOR 0.50 X 0 0 0 JEFF SCHNEIDER DIRECTOR 0.50 X 0 0 0 TERRY ANSTINE VICE PRESIDENT 0.50 X X 0 0 0 PAT MERTENS DIRECTOR 0.50 X 0 0 0 SHANNON LANDAUER EXECUTIVE DIRECTOR 40.00 X X 80671 0 0 BRIAN PRICE DIRECTOR 0.50 X 0 0 0 RODNEY HUNT DIRECTOR 0.50 X 0 0 0 SHAWN METCALF DIRECTOR 0.50 X 0 0 0 MICHAEL KRINGS FORMER EXECUTIVE DIRECTOR 40.00 X 70373 0 0 151044 0 0 0 1 0 0 0 81300 195005 276305 43202 43202 43202 58159 58159 395000 542654 -147654 -147654 -147654 230012 -104452 0 58159 162014 145813 16201 61240 55116 6124 6169 5552 617 42056 37850 4206 16158 14542 1616 56950 51255 5695 12105 10894 1211 6192 5573 619 9420 8478 942 8878 7990 888 8586 7727 859 1036 932 104 PROPERTY DEVELOPMENT 277696 277696 GRANTS/DONATIONS 23124 23124 REAL ESTATE TAXES 10756 10756 AUTO EXPENSES 5835 5251 584 10093 9084 1009 718308 677633 40675 0 2517007 3241463 1000 0 438 814 2299851 2900220 10085 10085 39497 0 1292 0 1774310 1536696 6633395 7679193 19682 33881 5000 0 121201 1646096 145883 1679977 X 5804863 4366215 682649 1633001 6487512 5999216 6633395 7679193 -488296 0 X X 0 1 X 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10085 10085 0 0 INVESTMENT PROPERTY HELD FOR ECONOMIC DEVELOPMENT OPPORTUNITIES 1536696 1536696 X 377666 147654 147654 230012 0 230012 718308 0 718308 0 718308 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE CORPORATION'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CORPORATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE CORPORATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE CORPORATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE CORPORATION'S MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. THE CORPORATION'S POLICY IS TO INCLUDE PENALTIES AND INTEREST ASSOCIATED WITH INCOME TAXES AS INCOME TAX EXPENSE AND INTEREST EXPENSE RESPECTIVELY. THE CORPORATION DID NOT INCUR ANY PENALTIES OR INTEREST ON INCOME TAXES FOR THE PERIODS BEING REPORTED. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SALE OF ASSETS X 1 0 0 0 0 0 0 0 0 MICHAEL KRINGS FORMER EXECUTIVE DIRECTOR 70373 0 0 0 0 0 0 0 0 0 70373 0 0 0 PART I, LINE 3 EXECUTIVE DIRECTOR SALARY IS AGREED TO WITH AN EMPLOYMENT CONTRACT. PART I, LINE 4A MICHAEL KRINGS - $31,200 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS DISTRIBUTED TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BY THE MEMBERS, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ARE ASKED ANNUALLY TO REVIEW THE CONFLICT OF INTEREST POLICY AND IDENTIFY ANY CONFLICTS OR POTENTIAL CONFLICTS OF INTEREST IN WRITING. THE VICE PRESIDENT AND THE TREASURER HAVE THE RESPONSIBILITY OF MONITORING ANY DISCLOSED TRANSACTIONS WHICH GIVE RISE TO CONFLICTS AND REFER THOSE TO THE PRESIDENT TO DETERMINE THE APPROPRIATE COURSE OF ACTION. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR HAS AN ANNUAL REVIEW BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. AT THAT TIME, SALARY AND BENEFITS ARE ANALYZED BASED UPON JOB PERFORMANCE, MARKET CONDITIONS AND COMPARABLE POSITIONS THROUGHOUT THE REGION, UTILIZING A PREDEVELOPED QUESTIONNAIRE. RECOMMENDATIONS ARE THEN BROUGHT TO THE BOARD OF DIRECTORS FOR APPROVAL. THE PROCEDURE IS RECORDED BY THE EXECUTIVE COMMITTEE IN THEIR COMMITTEE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE KEPT ON FILE AT THE ORGANIZATION'S OFFICE AND ARE AVAILABLE FOR REVIEW UPON REQUEST. FORM 990, PART XI, LINE 2C OVERSIGHT OF AUDITOR SELECTION AND AUDIT: THE BOARD OF DIRECTORS OVERSEES THE AUDITOR SELECTION EACH YEAR AND APPROVES THE AUDIT REPORT AT THE COMPLETION OF THE AUDIT. FORM 990, PART V, LINE 6A DISCLOSURE OF NONDEDUCTIBILITY OF CONTRIBUTIONS: THE ORGANIZATION IS NOT REQUIRED TO DISCLOSE THE NONDEDUCTIBILITY OF CONTRIBUTIONS RECEIVED, AS THEY ARE NOT OBTAINED THROUGH A COORDINATED FUND-RAISING SOLICITATION OF 10 OR MORE PERSONS. HASTINGS CHAMBER OF COMMERCE 301 S BURLINGON HASTINGS NE 68901 470185130 PROMOTE THE CITY OF HASTINGS, NEBRASKA NE 501(C)(6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0