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Nonprofit · EIN 47-0551577

HASTINGS ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · HASTINGS, NE 68902

Financials

$230K$718K2023$1.7M$2.2M2024
Revenue Expenses · by fiscal year end
Financials of HASTINGS ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,706,873$2,181,972-$475,099$7,409,503$1,885,386$5,524,117
December 31, 2023990$230,012$718,308-$488,296$7,679,193$1,679,977$5,999,216
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,397,988
of which government grants
$1,304,738
Membership dues
$93,250
Program service revenue
$216,623
Investment income
$92,262
Net gain from sales of assets
$25,523
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,109,738
Compensation of officers, directors and key employees
$182,577
Other salaries and wages
$29,203
Salaries, compensation and benefits (total)
$236,929
Professional fundraising fees
$0
Accounting fees
$26,671
Occupancy
$15,896
Travel
$12,424
Program services (functional)
$2,149,666
Management and general (functional)
$32,306

Balance sheet and other

Total assets, start of year
$7,679,193
Total assets, end of year
$7,409,503
Total liabilities, end of year
$1,885,386
Net assets, end of year
$5,524,117
Net assets without donor restrictions
$4,532,189
Net assets with donor restrictions
$991,928
Gross receipts
$1,764,783
Employees
4
Volunteers
0
Year formed
1973
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.

NameTitleHours / weekCompensation
SHANNON LANDAUEREXECUTIVE DIRECTOR
Trustee or director, Officer
40$182,577
TRAVIS TUREKDIRECTOR
Trustee or director
0.5$0
SCOTT KVOLSDIRECTOR
Trustee or director
0.5$0
ERIC BARBERDIRECTOR
Trustee or director
0.5$0
MIKE HARLINGDIRECTOR
Trustee or director
0.5$0
TEENA KUCERADIRECTOR
Trustee or director
0.5$0
RICH LLOYDDIRECTOR
Trustee or director
0.5$0
SHAWN HARTMANNDIRECTOR
Trustee or director
0.5$0
BETH COILPRESIDENT
Trustee or director, Officer
0.5$0
TRAVIS AUGUSTINDIRECTOR
Trustee or director
0.5$0
BILL HITESMANDIRECTOR
Trustee or director
0.5$0
CODY SMITHSECRETARY/TREASURER
Trustee or director, Officer
0.5$0
DEE HAUSSLERDIRECTOR
Trustee or director
0.5$0
GARY BRANDTDIRECTOR
Trustee or director
0.5$0
BRIAN BASSETTDIRECTOR
Trustee or director
0.5$0
13 more people on this return
NameTitleHours / weekCompensation
SHAWN SCOTTDIRECTOR
Trustee or director
0.5$0
PIERCE FIALADIRECTOR
Trustee or director
0.5$0
DEREK ZEISLERDIRECTOR
Trustee or director
0.5$0
CHRISTOPHER WADDLEDIRECTOR
Trustee or director
0.5$0
CYRUS ROWANDIRECTOR
Trustee or director
0.5$0
CHUCK NEWMANNDIRECTOR
Trustee or director
0.5$0
SCOTT BARWICKVICE PRESIDENT
Trustee or director, Officer
0.5$0
JEFF SCHNEIDERDIRECTOR
Trustee or director
0.5$0
TERRY ANSTINEDIRECTOR
Trustee or director
0.5$0
JAY BECKBYDIRECTOR
Trustee or director
0.5$0
BRIAN PRICEDIRECTOR
Trustee or director
0.5$0
TODD CERNYDIRECTOR
Trustee or director
0.5$0
LARRY CONSBRUCKDIRECTOR
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 29 people
NameTitleHours / weekCompensation
SHANNON LANDAUEREXECUTIVE DIRECTOR
Trustee or director, Officer
40$80,671
MICHAEL KRINGSFORMER EXECUTIVE DIRECTOR
Former
40$70,373
TRAVIS TUREKDIRECTOR
Trustee or director
0.5$0
SCOTT KVOLSPRESIDENT
Trustee or director, Officer
0.5$0
ERIC BARBERDIRECTOR
Trustee or director
0.5$0
MIKE HARLINGDIRECTOR
Trustee or director
0.5$0
COREY STUTTEDIRECTOR
Trustee or director
0.5$0
TIM REDLINEDIRECTOR
Trustee or director
0.5$0
SHAWN HARTMANNDIRECTOR
Trustee or director
0.5$0
BETH COILSECRETARY/TREASURER
Trustee or director, Officer
0.5$0
KEVIN JOHNSONDIRECTOR
Trustee or director
0.5$0
BILL HITESMANDIRECTOR
Trustee or director
0.5$0
MARK HEMJEDIRECTOR
Trustee or director
0.5$0
DEE HAUSSLERDIRECTOR
Trustee or director
0.5$0
GARY BRANDTDIRECTOR
Trustee or director
0.5$0
BRIAN BASSETTDIRECTOR
Trustee or director
0.5$0
SHAWN SCOTTDIRECTOR
Trustee or director
0.5$0
MIKKI SHAFERDIRECTOR
Trustee or director
0.5$0
SCOTT STERLINGDIRECTOR
Trustee or director
0.5$0
CHRISTOPHER WADDLEDIRECTOR
Trustee or director
0.5$0
MATT FONGDIRECTOR
Trustee or director
0.5$0
CHUCK NUEMANNDIRECTOR
Trustee or director
0.5$0
RICH LLOYDDIRECTOR
Trustee or director
0.5$0
JEFF SCHNEIDERDIRECTOR
Trustee or director
0.5$0
TERRY ANSTINEVICE PRESIDENT
Trustee or director, Officer
0.5$0
PAT MERTENSDIRECTOR
Trustee or director
0.5$0
BRIAN PRICEDIRECTOR
Trustee or director
0.5$0
RODNEY HUNTDIRECTOR
Trustee or director
0.5$0
SHAWN METCALFDIRECTOR
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
PO BOX 1104, HASTINGS, NE 68902-1104
Principal officer (990 for 2024)
SHANNON LANDAUER, 301 S BURLINGTON AVE, HASTINGS, NE 68901
Signed the 990
SHANNON LANDAUER, EXECUTIVE DIRECTOR
Phone
(402) 461-8400
Return prepared by
CORE CPAS PC

Mission

TO ADVANCE, ENCOURAGE, PROMOTE AND STIMULATE THE GENERAL ECONOMIC, COMMERCIAL, EDUCATIONAL, SOCIAL, CIVIC AND GENERAL WELFARE AND PROSPERITY OF THE CITY OF HASTINGS, NEBRASKA, AND ITS SURROUNDING TERRITORY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE PROMOTION OF INDUSTRIAL EXPANSION AND THE PROCUREMENT OF NEW INDUSTRY TO THE AREA, THEREBY CREATING NEW JOB OPPORTUNITIES AND ECONOMIC GROWTH.
    Expenses $2,149,666 · grants $1,109,738 · revenue $242,146

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-0551577
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1975
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,409,503
Income (IRS master file)
$1,764,783

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,706,873$2,181,972$7,409,503XML
990December 2023$230,012$718,308$7,679,193XML
990December 2022-$1,351,105$429,271$6,633,395IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 47-0551577).

Questions about HASTINGS ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of HASTINGS ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of HASTINGS ECONOMIC DEVELOPMENT CORPORATION is 47-0551577.
Is HASTINGS ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1975.
Are donations to HASTINGS ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HASTINGS ECONOMIC DEVELOPMENT CORPORATION 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 HASTINGS ECONOMIC DEVELOPMENT CORPORATION 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 HASTINGS ECONOMIC DEVELOPMENT CORPORATION 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 HASTINGS ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names SHANNON LANDAUER.
Who are the officers and directors of HASTINGS ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 28 people; 1 received compensation from the organization, the highest $182,577 (SHANNON LANDAUER, EXECUTIVE DIRECTOR).
How much revenue does HASTINGS ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,706,873, expenses of $2,181,972 and total assets of $7,409,503 at year end.

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