2026-07-21T10:49:32-04:00 2026-03-31 470628029 MUELLER & HONCIK PC 1365 24TH AVENUE STE 100 COLUMBUS NE 686015025 990 2025-04-01 320108328 ALBION ECONOMIC DEVELOPMENT CORPORATION ALBI 4023954453 127 S 4TH STREET ALBION NE 68620 JEFFREY C JARECKI PRESIDENT/DIRECTOR 4023956004 2026-07-10 true JORDAN MUELLER CPA P01685094 4025633538 2026-07-21 2025 2025-03-06 01:10:19Z JEFFREY C JARECKI 525 W STATE STREET ALBION NE 68620 781435 false X N/A X 2003 NE ORGANIZATION'S PURPOSE IS TO PROMOTE DEVELOPMENT IN THE ALBION TRADE AREA BY LOANING FUNDS AND/OR PROVIDING ECONOMIC ASSISTANCE 7 7 0 0 12227 162882 64203 176505 74270 29534 0 150700 368921 75989 51975 0 0 0 0 65576 56058 141565 108033 9135 260888 2317314 2482030 184746 86162 2132568 2395868 ORGANIZATION'S MISSION IS TO PROMOTE DEVELOPMENT IN THE ALBION TRADE AREA BY LOANING FUNDS OR FURNISHING SITES AND BUILDINGS FOR INDUSTRIES INTERESTED IN LOCATING IN ALBION AND ITS TRADE TERRITORY. false false THE ALBION ECONOMIC DEVELOPMENT CORPORATION (AEDC) IS FOCUSED ON ECONOMIC AND CIVIC DEVELOPMENT IN THE ALBION, NE AREA. DURING THE FISCAL YEAR ENDED MARCH 31, 2025, 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 DEVELOPMENTS, WHICH ARE IN PROGRESS. SEVERAL GRANTS WERE ALSO GIVEN FOR INFRASTRUCE DEVELOPMENT AND DOWNTOWN IMPROVEMENTS. false true false false false false false false false true false false true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false true 4 0 false 0 false false false false false false false false X 7 7 false false false false false false false true true false false true false false false false false false X MUELLER & HONCIK PC 4023956004 1212 WEST STATE STREET ALBION NE 68620 X MICHELLE GRAGERT DIRECTOR X 0 0 0 JEFFREY C JARECKI PRESIDENT/DI X X 0 0 0 SAMANTHA KLEVELAND DIRECTOR X 0 0 0 BROCK KUESTER DIRECTOR X 0 0 0 TONY LEVANDER DIRECTOR X 0 0 0 JOHN MOELLER DIRECTOR X 0 0 0 ANDY ROBERTS VICE PRESIDE X X 0 0 0 STEVEN RUZEK TREASURER X 0 0 0 false false false 3200 142440 17242 162882 CITY SALES TAX REVENUE 175500 175500 BUILDING RENT 1005 1005 176505 43447 43447 398601 412514 -13913 -13913 -13913 368921 162592 43447 51975 51975 30 30 8770 6577 2193 3316 301 3015 864 864 316 236 80 10774 8079 2695 575 575 10888 10888 11810 8857 2953 6298 4723 1575 SUPPLIES 2287 1715 572 BANK CHARGES 80 80 MEMBERSHIP DUES 50 50 108033 94870 13163 0 29744 2357 1368917 1074409 50439 25219 230068 35517 199088 194551 669126 1185494 2317314 2482030 184746 86162 184746 86162 X 2132568 2395868 2132568 2395868 2317314 2482030 X 260888 2412 X true false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10000 10000 10000 CONSTRUCTION IN PROGRESS - 852 & 857 649496 HOUSE DEVELOPMENT - SOUTH PARK 240484 508 S 9TH STREET LOT 100182 BILL BOB'S BIKE SHOP-RESALE 93034 COOP BUILDING-RESALE 54982 524 S 9TH STREET LOT 40487 CLEVELAND LOT 6679 UTILITY DEPOSIT 150 1185494 NOTE PAYABLE-CORNERSTONE BANK 86162 86162 false BO CO AG ED CENTER 100 W FAIRVIEW STREET ALBION NE 68620 832000512 10000 FAIRGROUND PROJECT EK HOLDINGS LLC 2711 250TH AVENUE ALBION NE 68620 10000 INFRASTRUCTURE GRANT CITY OF ALBION 420 WEST MARKET STREET ALBION NE 68620 29475 ECONOMIC DEVELOPMENT FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE FORM 990 IS AVAILABLE TO THE BOARD PRIOR TO THE FORM 990 BEING FILED. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS & FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 PRIOR PERIOD ADJUSTMENT 2,412 A PRIOR PERIOD CORRECTION WAS MADE TO RECLASSIFY SALES TAX REVENUE THAT WAS RECORDED AS A SALE OF A LOT.