Nonprofit · EIN 26-4618722
SHERMAN COUNTY ECONOMIC DEVELOPMENT INC
Tax-exempt · LOUP CITY, NE 68853
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $1,462,814 | $248,230 | $1,214,584 | $2,789,124 | $103,659 | $2,685,465 |
| September 30, 2024 | 990 | $720,675 | $214,318 | $506,357 | $1,629,110 | $159,035 | $1,470,075 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $1,409,200
- of which government grants
- $1,409,175
- Program service revenue
- $45,410
- Investment income
- $2,673
- Other revenue
- $5,531
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $65,852
- Salaries, compensation and benefits (total)
- $72,441
- Professional fundraising fees
- $0
- Legal fees
- $1,452
- Accounting fees
- $4,030
- Occupancy
- $38,738
- Travel
- $1,366
- Depreciation
- $93,948
- Program services (functional)
- $248,230
Balance sheet and other
- Total assets, start of year
- $1,629,110
- Total assets, end of year
- $2,789,124
- Total liabilities, end of year
- $103,659
- Net assets, end of year
- $2,685,465
- Land, buildings and equipment
- $1,379,474
- Net assets without donor restrictions
- $1,361,042
- Net assets with donor restrictions
- $1,324,423
- Gross receipts
- $1,462,814
- Employees
- 2
- Volunteers
- 5
- Year formed
- 2012
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CALLIE CHILEWSKI | BOARD MEMBER Trustee or director | 10 | $0 |
| MELISSA KAPUSTKA | BOARD MEMBER Trustee or director | 10 | $0 |
| JODI SPOTANSKI | BOARD MEMBER Trustee or director | 10 | $0 |
| TOM BANDUR | SECRETARY Officer | 10 | $0 |
| MARK KRUEGER | TREASURER Officer | 10 | $0 |
| DEMI RODOCKER | VICE PRESIDE Officer | 10 | $0 |
| CLAYTON SUCKSTORF | PRESIDENT Officer | 10 | $0 |
990 for the year ended September 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CALLIE CHILEWSKI | DIRECTOR Trustee or director | 1 | $0 |
| MELISSA KAPUSTKA | DIRECTOR Trustee or director | 1 | $0 |
| SAMANTHA MCCARVILLE | DIRECTOR Trustee or director | 1 | $0 |
| DEMI RODOCKER | VICE PRESIDE Trustee or director | 1 | $0 |
| TOM BANDUR | SECRETARY Officer | – | $0 |
| MARK KRUEGER | DIRECTOR Officer | 1 | $0 |
| CLAYTON SUCKSTORF | PRESIDENT Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 428, LOUP CITY, NE 68853-0428
- Principal officer (990 for 2024)
- CLAYTON SUCKSTORF, 326 N STREET, LOUP CITY, NE 68853
- Signed the 990
- MELISSA DUSH, DIRECTOR
- Phone
- (308) 745-5040
- Website
- WWW.SCEDINC.ORG
- Return prepared by
- JENNIFER SMYDRA CPA LLC
Mission
TO PROVIDE ECONOMIC DEVELOPMENT OPPORTUNITIES WITHIN SHERMAN COUNTY, NEBRASKA IN ORDER TO INCREASE HOUSING, BUSINESS GROWTH, AND POPULATION.
Program accomplishments
- ADMINISTRATION OF REVOLVING LOAN PROGRAM AND LB 840 PROGRAM TO IMPROVE COMMUNITY THROUGH ECONOMIC DEVELOPMENT INCENTIVES ULTIMATELY BENEFITING APPROX. 3,200 PERSONS.
- TO PROVIDE ECONOMIC DEVELOPMENT OPPORTUNITIES WITHIN SHERMAN COUNTY, NEBRASKA IN ORDER TO INCREASE HOUSING, BUSINESS GROWTH, AND POPULATION.Expenses $248,230 · revenue $45,410
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 26-4618722
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $2,789,124
- Income (IRS master file)
- $1,462,814
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $1,462,814 | $248,230 | $2,789,124 | XML |
| 990 | September 2024 | $720,675 | $214,318 | $1,629,110 | XML |
| 990 | September 2023 | $242,285 | $222,016 | $1,225,810 | IRS |
| 990 | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 26-4618722).
Questions about SHERMAN COUNTY ECONOMIC DEVELOPMENT INC
- What is the EIN of SHERMAN COUNTY ECONOMIC DEVELOPMENT INC?
- The employer identification number (EIN) of SHERMAN COUNTY ECONOMIC DEVELOPMENT INC is 26-4618722.
- Is SHERMAN COUNTY ECONOMIC DEVELOPMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to SHERMAN COUNTY ECONOMIC DEVELOPMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SHERMAN COUNTY 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 SHERMAN COUNTY ECONOMIC DEVELOPMENT INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SHERMAN COUNTY ECONOMIC DEVELOPMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of SHERMAN COUNTY ECONOMIC DEVELOPMENT INC?
- The 990 for the year ended September 30, 2025 names CLAYTON SUCKSTORF.
- Who are the officers and directors of SHERMAN COUNTY ECONOMIC DEVELOPMENT INC?
- The 990 for the year ended September 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does SHERMAN COUNTY ECONOMIC DEVELOPMENT INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $1,462,814, expenses of $248,230 and total assets of $2,789,124 at year end.
Other nonprofits in LOUP CITY
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- LOUP CITY ASHTON & ROCKVILLE COOPERATIVE AMBULENCE SERVICE EIN 47-0537052 · last filed 990 for 2025
- AMERICAN LEGION EIN 47-0358719 · last filed 990-EZ for 2024
- SHERMAN COUNTY SPROUTS INC EIN 88-3120225 · last filed 990-EZ for 2025
- SHERMAN COUNTY PREVENTION COALITION INC EIN 27-4752121 · last filed 990-EZ for 2025
- SHERMAN COUNTY SENIOR CENTER INC EIN 47-5602330 · last filed 990 for 2025
- SHERMAN COUNTY ARTS COUNCIL INC EIN 47-0727431 · last filed 990-N for 2024
- AMERICAN LEGION AUXILIARY EIN 47-6028379 · last filed 990-N for 2025
All nonprofits in LOUP CITY · Nebraska · Community improvement and capacity building