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Nonprofit · EIN 46-3184689

CUMING COUNTY ECONOMIC DEVELOPMENT INC

Tax-exempt (reinstated) · WEST POINT, NE 68788

Financials

$1.1M$952K2023$724K$445K2024$2M$884K2025
Revenue Expenses · by fiscal year end
Financials of CUMING COUNTY ECONOMIC DEVELOPMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,992,194$884,065$1,108,129$2,363,301$0$2,363,301
December 31, 2024990$723,916$444,976$278,940$1,255,172$0$1,255,172
December 31, 2023990$1,066,351$952,018$114,333$976,232$0$976,232
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,992,192
of which government grants
$1,962,442
Program service revenue
$0
Investment income
$2
Other revenue
$0

Expenses

Grants and similar amounts paid
$818,601
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$4,015
Accounting fees
$15,100
Program services (functional)
$884,065

Balance sheet and other

Total assets, start of year
$1,255,172
Total assets, end of year
$2,363,301
Total liabilities, end of year
$0
Net assets, end of year
$2,363,301
Gross receipts
$1,992,194
Employees
0
Year formed
2014
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
JON BAILEYOFFICER
Trustee or director
–$0
ANDY SCHOLTINGOFFICER
Trustee or director, Officer
–$0
RUSTY SMITHDIRECTOR
Trustee or director
–$0
CHET MCWHORTERCHAIRPERSON
Trustee or director, Officer
–$0
HOLLY SCHROEDERSECRETARY TR
Trustee or director, Officer
–$0
DOUG STEFFENSMEIERDIRECTOR
Trustee or director
–$0
ADAM RIEFDIRECTOR
Trustee or director
–$0
STEPHANIE JAMESDIRECTOR
Trustee or director
–$0
KRISTA PRINZDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensation
JON BAILEYOFFICER
Trustee or director
–$0
ANDY SCHOLTINGOFFICER
Trustee or director, Officer
–$0
RUSTY SMITHDIRECTOR
Trustee or director
–$0
CHET MCWHORTERCHAIRPERSON
Trustee or director, Officer
–$0
HOLLY SCHROEDERSECRETARY TR
Trustee or director, Officer
–$0
DOUG STEFFENSMEIERDIRECTOR
Trustee or director
–$0
ADAM RIEFDIRECTOR
Trustee or director
–$0
STEPHANIE JAMESDIRECTOR
Trustee or director
–$0
KRISTA PRINZDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
JON BAILEYOFFICER
Trustee or director
–$0
ALAN HARMSOFFICER
Trustee or director, Officer
–$0
RUSTY SMITHDIRECTOR
Trustee or director
–$0
CHET MCWHORTERCHAIRPERSON
Trustee or director, Officer
–$0
VANESSA MCCAINSECRETARY TR
Trustee or director, Officer
–$0
DOUG STEFFENSMEIERDIRECTOR
Trustee or director
–$0
ADAM RIEFDIRECTOR
Trustee or director
–$0
STEPHANIE JAMESDIRECTOR
Trustee or director
–$0
KRISTA PRINZDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
PO BOX 17, WEST POINT, NE 68788-0017
In care of
% DAVID STEFFENSMEIER
Mailing address (990-N for 2017)
PO Box 17, West Point NE 68788
Principal officer (990 for 2025)
CHET MCWHORTER
Principal officer (990-N for 2017)
David Steffensmeier, PO Box 17, West Point NE 68788
Signed the 990
CHET MCWHORTER, CHAIRPERSON
Phone
(402) 372-6001
Return prepared by
AUTEN PRUSS & BECKMANN PC

Mission

ENCOURAGE THE RETENTION AND ATTRACTION OF BUSINESS IN THE AREA TO HELP ALLEVIATE THE DEPRESSED ECONOMIC STATUS AND LOW INCOME THROUGHOUT CUMING COUNTY

990 for the year ended December 31, 2025

Program accomplishments

  • BUSINESS IMPROVEMENT GRANT - IT'S PURPOSE IS TO ENCOURAGE LOCAL BUSINESSES TO INVEST IN THEIR INFRASTRUCTURE. THE GRANT FUNDS PAY FOR SIGNAGE AND EXTERIOR UPGRADES DEMO GRANT - IT'S PURPOSE IS TO ENCOURGAGE THE DEMOLITION OF LOCAL HOMES AND BUILDINGS THE HAVE REACHED THIER FUNCTIONAL LIFE AND TO ENCOURAGE REDEVELOPMENT.
    Expenses $19,934 · grants $19,934
  • RURAL WORKFORCE HOUSING FUND. IT'S PURPOSE IS TO INCREASE THE SUPPLY AND REDUCE THE COST OF WORKFORCE HOUSING IN NEBRASKA RURAL COMMUNITIES.
    Expenses $204,175 · grants $204,175
  • OWNER - OCCUPIED HOUSING GRANTS, PROVIDES SUPPORT FOR SUBSTANTIAL REPAIRS AND IMPROVEMENTS TO HOUSING UNITS OWNED BY LOW-TO-MODERATE INCOME RESIDENTS.
    Expenses $375,637 · grants $375,637
  • OFFICE SPACE BULIT TO KEEEP LOCAL INOVATIONS AND ENTREPRENEURS IN CUMING COUNTY.DEDICATED TO HELP THOSE WHO WANT TO EXCEL. THE SERVICES ARE PROVIDED TO ALL.
    Expenses $284,319 · grants $218,855

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-3184689
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,363,301
Income (IRS master file)
$1,992,194

Revocation and reinstatement

Exemption revoked
May 15, 2016
Posted by the IRS
August 8, 2016
Reinstated
Effective May 15, 2016

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,992,194$884,065$2,363,301IRS
990December 2024$723,916$444,976$1,255,172XML
990December 2023$1,066,351$952,018$976,232XML
990December 2022$541,797$709,497$913,560IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2017
Officer: David Steffensmeier
December 31, 2017≤ $50,000 receipts––e-Postcard

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 46-3184689).

Questions about CUMING COUNTY ECONOMIC DEVELOPMENT INC

What is the EIN of CUMING COUNTY ECONOMIC DEVELOPMENT INC?
The employer identification number (EIN) of CUMING COUNTY ECONOMIC DEVELOPMENT INC is 46-3184689.
Is CUMING COUNTY ECONOMIC DEVELOPMENT INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2016 and reinstated it effective May 15, 2016.
Are donations to CUMING COUNTY ECONOMIC DEVELOPMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CUMING 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 CUMING COUNTY ECONOMIC DEVELOPMENT INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CUMING COUNTY ECONOMIC DEVELOPMENT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of CUMING COUNTY ECONOMIC DEVELOPMENT INC?
The 990 for the year ended December 31, 2025 names CHET MCWHORTER.
Who are the officers and directors of CUMING COUNTY ECONOMIC DEVELOPMENT INC?
The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does CUMING COUNTY ECONOMIC DEVELOPMENT INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,992,194, expenses of $884,065 and total assets of $2,363,301 at year end.

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