2025-08-07T12:58:01-04:00 2025-03-31 470628029 MUELLER & HONCIK PC 1365 24TH AVENUE STE 100 COLUMBUS NE 686015025 990EZ 2024-04-01 470536908 ALBION DEVELOPMENT CO INC ALBI 4023952151 525 W STATE STREET ALBION NE 68620 JEFFREY C JARECKI PRESIDENT 4023952151 2025-08-04 true JORDAN MUELLER CPA P01685094 4025633538 2025-08-07 2024 2025-03-06 01:10:19Z X X N/A X X 57489 X 55974 1515 57489 471 19339 256 38020 58086 -597 331122 330525 X 67458 71664 144968 144968 208124 189673 420550 406305 89428 75780 331122 330525 X TO PROVIDE HOUSING ASSISTANCE AND ECONOMIC DEVELOPMENT IN THE ALBION NEBRASKA COMMUNITY. THE ALBION DEVELOPMENT CO INC WILL PARTNER WITH OTHER DEVELOPMENTAL ORGANIZATIONS TO FULFILL IT'S MISSION. TO PROVIDE HOUSING ASSISTANCE AND ECONOMIC DEVELOPMENT IN THE ALBION NEBRASKA COMMUNITY. THE ALBION DEVELOPMENT CO INC OPERATES THE ALBION MANOR LLC, A LOW INCOME HOUSING DEVELOPMENT FOR SENIOR CITIZENS. 55899 55899 MICHELLE GRAGERT DIRECTOR 1.00 0 JEFFREY C JARECKI PRESIDENT 1.00 0 BROCK KUESTER DIRECTOR 1.00 0 TONY LEVANDER DIRECTOR 1.00 0 JOHN MOELLER DIRECTOR 1.00 0 ANDY ROBERTS VICE-PRESIDE 1.00 0 STEVEN RUZEK TREASURER 5.00 0 false false false false false false false false false STEVEN RUZEK 240 S 3RD STREET 240 S 3RD STREET ALBION NE 68620 4023952151 false false false false false false false false false false false NONE NONE true X 55974 55974 55974 55974 55974 1515 1515 1515 1515 57489 57489 0.97360 0.03000 0.00000 X FORM 990-EZ, PART I, LINE 16 EXPENSES ADVERTISING 2 INTEREST EXPENSE 1,710 INSURANCE 8,629 MISCELLEANOUES EXPENSE 41 TAX & LICENSE 30 NON-INVESTMENT DEPRECIATION 27,608 TOTAL 38,020 FORM 990-EZ, PART II, LINE 24 BUILDING, FURNITURE & FIXTURES 754,255 764,004 LESS ACCUMULATED DEPRECIATION 546,723 574,331 INTANGIBLE ASSETS 4,207 4,342 LESS ACCUMULATED AMORTIZATION 4,078 4,342 OTHER CURRENT ASSETS 463 0 TOTAL 208,124 189,673 FORM 990-EZ, PART II, LINE 26 UNSECURED NOTES AND LOANS PAYABLE 50,439 50,439 OTHER CURRENT LIABILITIES 1,025 0 ACCRUED EXPENSES 10,365 3,204 TENANT SECURITY DEPOSIT 3,551 4,087 NOTE PAYABLE-CS BANK 23,487 18,050 OTHER ADJUSTMENTS 561 0 FORM 990-EZ, PART III TO PROVIDE HOUSING ASSISTANCE AND ECONOMIC DEVELOPMENT IN THE ALBION NEBRASKA COMMUNITY. THE ALBION DEVELOPMENT CO INC WILL PARTNER WITH OTHER DEVELOPMENTAL ORGANIZATIONS TO FULFILL IT'S MISSION.