Nonprofit · EIN 20-3524694
WAYNE AREA ECONOMIC DEVELOPMENT INC
Tax-exempt · WAYNE, NE 68787
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $198,752 | $192,176 | $6,576 | $331,507 | $0 | $331,507 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $64,442
- Membership dues
- $63,800
- Program service revenue
- $130,028
- Investment income
- $1,693
- Other revenue
- $2,589
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,177
- Occupancy
- $10,077
- Travel
- $800
Balance sheet and other
- Total assets, start of year
- $361,192
- Total assets, end of year
- $331,507
- Total liabilities, end of year
- $0
- Net assets, end of year
- $331,507
- Gross receipts
- $198,752
- Employees
- 0
- Volunteers
- 88
- Year formed
- 2005
- State of legal domicile
- NE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WES BLECKE | EX-OFFICIO Trustee or director | 1 | $0 |
| JILL BRODERSEN | DIRECTOR Trustee or director | 1 | $0 |
| TERRI BUCK | DIRECTOR Trustee or director | 1 | $0 |
| DEAN BURBACH | DIRECTOR Trustee or director | 1 | $0 |
| JUSTIN DAVIS | DIRECTOR Trustee or director, Officer | 1 | $0 |
| MEGAN FINN | SECRETARY Trustee or director, Officer | 1 | $0 |
| NICOLE HAGLUND | DIRECTOR Trustee or director | 1 | $0 |
| BRANDON HALL | DIRECTOR Trustee or director | 1 | $0 |
| KIRBY HALL | TREASURER Trustee or director, Officer | 1 | $0 |
| JEANEY HARRIS | DIRECTOR Trustee or director | 1 | $0 |
| DR MARK LENIHAN | DIRECTOR Trustee or director | 1 | $0 |
| MANDY OLSON | DIRECTOR Trustee or director | 1 | $0 |
| RIA PEDERSEN | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| MIKE POWICKI | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DR MARYSZ RAMES | DIRECTOR Trustee or director | 1 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LUCAS VIRGIL | EXECUTIVE DI Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 108 W 3RD ST, WAYNE, NE 68787-1915
- In care of
- % DAVID SIMONSEN
- Principal officer (990 for 2024)
- LUCAS VIRGIL, 527 DONNER PASS, WAYNE, NE 68787
- Signed the 990
- LUCAS VIRGIL, EXECUTIVE DIRECTOR
- Phone
- (402) 375-2240
- Return prepared by
- CRUISE & ASSOCIATES INC
Mission
WAYNE AREA ECONOMIC DEVELOPMENT, INC. PROVIDES A FOCUSED AND INTEGRATED ECONOMIC DEVELOPMENT EFFORT FOR THE GREATER COMMUNITY ON BEHALF OF ALL ITS RESIDENTS.
Program accomplishments
- WAYNE CHICKEN SHOW IS A COMMUNITY FUNDRAISER HELD ANNUALLY IN JULY TO PROMOTE WAYNE TO THE GREATER NEBRASKA.Expenses $21,291 · revenue $32,381
- VENDOR GOLF IS A GOLF FUNDRAISER HELD ANNUALLY IN JULY TO PROMOTE COMMUNITY INVOLVEMENT AMONG THE PEOPLE OF THE COMMUNITY.Expenses $15,133 · revenue $19,400
- OTHERExpenses $68,964 · revenue $78,247
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-3524694
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $331,507
- Income (IRS master file)
- $198,752
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $317,784 | $336,083 | $361,192 | IRS |
| 990 | December 2022 | $392,694 | $365,166 | $356,878 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about WAYNE AREA ECONOMIC DEVELOPMENT INC
- What is the EIN of WAYNE AREA ECONOMIC DEVELOPMENT INC?
- The employer identification number (EIN) of WAYNE AREA ECONOMIC DEVELOPMENT INC is 20-3524694.
- Is WAYNE AREA ECONOMIC DEVELOPMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2006.
- Are donations to WAYNE AREA ECONOMIC DEVELOPMENT INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WAYNE AREA ECONOMIC DEVELOPMENT INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WAYNE AREA ECONOMIC DEVELOPMENT INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WAYNE AREA ECONOMIC DEVELOPMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WAYNE AREA ECONOMIC DEVELOPMENT INC?
- The 990 for the year ended December 31, 2024 names LUCAS VIRGIL.
- Who are the officers and directors of WAYNE AREA ECONOMIC DEVELOPMENT INC?
- The 990 for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
- How much revenue does WAYNE AREA ECONOMIC DEVELOPMENT INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $198,752, expenses of $192,176 and total assets of $331,507 at year end.
Other nonprofits in WAYNE
- WAYNE INDUSTRIES INCORPORATED EIN 47-0594539 · last filed 990-N for 2025
- PROVIDENCE MEDICAL CENTER EIN 47-0566524 · last filed 990 for 2024
- WAYNE STATE FOUNDATION EIN 47-6032870 · last filed 990 for 2025
- WAYNE CHILD CARE EIN 47-0740797 · last filed 990 for 2024
- REGION IV INC EIN 47-0845371 · last filed 990 for 2026
- HAVEN HOUSE FAMILY SERVICES CENTER EIN 47-0611454 · last filed 990 for 2025
- WAYNE COMMUNITY SCHOOLS FOUNDATION EIN 36-3593896 · last filed 990 for 2023
- PROVIDENCE MEDICAL CENTER FOUNDATION EIN 47-6032846 · last filed 990 for 2024
All nonprofits in WAYNE · Nebraska · Community improvement and capacity building