Nonprofit · EIN 47-0662728
GOTHENBURG IMPROVEMENT COMPANY
Tax-exempt · GOTHENBURG, NE 69138
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,090,241 | $525,194 | $565,047 | $7,997,021 | $2,642,680 | $5,354,341 |
| December 31, 2024 | 990 | $2,235,948 | $774,521 | $1,461,427 | $8,232,292 | $3,442,998 | $4,789,294 |
| December 31, 2023 | 990 | $6,317,535 | $3,305,619 | $3,011,916 | $7,243,290 | $3,531,577 | $3,711,713 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $530,029
- of which government grants
- $497,829
- Membership dues
- $32,200
- Program service revenue
- $0
- Investment income
- $547,252
- Net rental income
- $12,960
- Other revenue
- $12,960
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,550
- Occupancy
- $22,211
Balance sheet and other
- Total assets, start of year
- $8,232,292
- Total assets, end of year
- $7,997,021
- Total liabilities, end of year
- $2,642,680
- Net assets, end of year
- $5,354,341
- Land, buildings and equipment
- $2,616,983
- Gross receipts
- $1,090,241
- Employees
- 0
- Year formed
- 1967
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE BACON | DIRECTOR Trustee or director | 0 | $0 |
| MICK BRANT | DIRECTOR Trustee or director | 0 | $0 |
| DEVIN BRUNDAGE | DIRECTOR Trustee or director | 0 | $0 |
| AMBER BURGE | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| HELEN COOL | DIRECTOR Trustee or director | 0 | $0 |
| MISHAYLA FREBURG | DIRECTOR Trustee or director | 0 | $0 |
| VERLIN JANSSEN | DIRECTOR Trustee or director | 0 | $0 |
| ANDY JOBMAN | DIRECTOR Trustee or director | 0 | $0 |
| SHANE MAXWELL | DIRECTOR Trustee or director | 0 | $0 |
| WILL RAHJES | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| HOLDEN RANDECKER | TREASURER Trustee or director, Officer | 0 | $0 |
| TRAVIS ANDERSON | DIRECTOR Trustee or director | 0 | $0 |
| ALLISON JONAS | DIRECTOR Trustee or director | 0 | $0 |
| LUKE RIKERTSEN | DIRECTOR Trustee or director | 0 | $0 |
| COLTEN VENTEICHER | DIRECTOR Trustee or director | 0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NATE WYATT | PRESIDENT Trustee or director, Officer | 0 | $0 |
990 for the year ended December 31, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE BACON | DIRECTOR Trustee or director | – | $0 |
| MICK BRANT | DIRECTOR Trustee or director | – | $0 |
| DEVIN BRUNDAGE | VICE PRESIDE Trustee or director | – | $0 |
| AMBER BURGE | DIRECTOR Trustee or director | – | $0 |
| HELEN COOL | DIRECTOR Trustee or director | – | $0 |
| MISHAYLA FREBURG | DIRECTOR Trustee or director | – | $0 |
| VERLIN JANSSEN | DIRECTOR Trustee or director | – | $0 |
| JANA JOBMAN | TREASURER Trustee or director, Officer | – | $0 |
| SHANE MAXWELL | VICE PRESIDE Trustee or director, Officer | – | $0 |
| WILL RAHJES | DIRECTOR Trustee or director | – | $0 |
| KARL RANDECKER | DIRECTOR Trustee or director | – | $0 |
| TODD RHODES | DIRECTOR Trustee or director | – | $0 |
| JOE RICHESON | VICE PRESIDE Trustee or director, Officer | – | $0 |
| LUKE RICKERTSEN | DIRECTOR Trustee or director | – | $0 |
| COLTEN VENTEICHER | VICE PRESIDE Trustee or director, Officer | – | $0 |
| NATE WYATT | PRESIDENT Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE BACON | DIRECTOR Trustee or director | – | $0 |
| MICK BRANT | DIRECTOR Trustee or director | – | $0 |
| DEVIN BRUNDAGE | VICE PRESIDE Trustee or director | – | $0 |
| AMBER BURGE | DIRECTOR Trustee or director | – | $0 |
| HELEN COOL | DIRECTOR Trustee or director | – | $0 |
| MISHAYLA FREBURG | DIRECTOR Trustee or director | – | $0 |
| VERLIN JANSSEN | DIRECTOR Trustee or director | – | $0 |
| JANA JOBMAN | TREASURER Trustee or director, Officer | – | $0 |
| SHANE MAXWELL | VICE PRESIDE Trustee or director, Officer | – | $0 |
| WILL RAHJES | DIRECTOR Trustee or director | – | $0 |
| KARL RANDECKER | DIRECTOR Trustee or director | – | $0 |
| TODD RHODES | DIRECTOR Trustee or director | – | $0 |
| JOE RICHESON | VICE PRESIDE Trustee or director, Officer | – | $0 |
| LUKE RICKERTSEN | DIRECTOR Trustee or director | – | $0 |
| COLTEN VENTEICHER | VICE PRESIDE Trustee or director, Officer | – | $0 |
| NATE WYATT | PRESIDENT Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 1001 LAKE AVE, GOTHENBURG, NE 69138-1947
- In care of
- % NATE WYATT
- Principal officer (990 for 2025)
- NATE WYATT, 900 LAKE AVE, GOTHENBURG, NE 69138
- Signed the 990
- NATE WYATT, PRESIDENT
- Phone
- (308) 537-3505
- Return prepared by
- KRISTIN LOOSTROM
Mission
TO ENCOURAGE BUSINESS GROWTH AND ENTREPRENEURSHIP BY PROMOTING GOTHENBURG AS A WORLD CLASS COMMUNITY RESULTING IN JOB CREATION AND AN OUTSTANDING QUALITY OF LIFE FOR ITS RESIDENTS
Program accomplishments
- HELP TO LOCATE AND BRING TO THE CITY NEW BUSINESS
- SUPPORT FOR EXISTING BUSINESSES
- INCLUDE QUALITY OF LIFE FOR ITS RESIDENTS
- ALL OTHER ACCOMPLISHMENTS
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 | 990 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
- 47-0662728
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $7,997,021
- Income (IRS master file)
- $1,090,241
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,090,241 | $525,194 | $7,997,021 | XML |
| 990 | December 2024 | $2,235,948 | $774,521 | $8,232,292 | XML |
| 990 | December 2023 | $6,317,535 | $3,305,619 | $7,243,290 | XML |
| 990 | December 2022 | $734,336 | $2,036,660 | $2,651,300 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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 47-0662728).
Questions about GOTHENBURG IMPROVEMENT COMPANY
- What is the EIN of GOTHENBURG IMPROVEMENT COMPANY?
- The employer identification number (EIN) of GOTHENBURG IMPROVEMENT COMPANY is 47-0662728.
- Is GOTHENBURG IMPROVEMENT COMPANY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2005.
- Are donations to GOTHENBURG IMPROVEMENT COMPANY tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GOTHENBURG IMPROVEMENT COMPANY 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 GOTHENBURG IMPROVEMENT COMPANY 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 GOTHENBURG IMPROVEMENT COMPANY 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 GOTHENBURG IMPROVEMENT COMPANY?
- The 990 for the year ended December 31, 2025 names NATE WYATT.
- Who are the officers and directors of GOTHENBURG IMPROVEMENT COMPANY?
- The 990 for the year ended December 31, 2025 lists 16 people; 0 received compensation from the organization.
- How much revenue does GOTHENBURG IMPROVEMENT COMPANY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,090,241, expenses of $525,194 and total assets of $7,997,021 at year end.
Other nonprofits in GOTHENBURG
- CHAMBER OF COMMERCE EIN 47-0175447 · last filed 990 for 2025
- GOTHENBURG IMPACT CENTER EIN 92-1064963 · last filed 990 for 2025
- GOTHENBURG EARLY CHILDHOOD LEARNING COALITION EIN 83-2516306 · last filed 990 for 2024
- LEARNING ADVENTURES CHILD CARE CENTER EIN 47-4480005 · last filed 990 for 2024
- GOTHENBURG CHILD CARE INC EIN 47-0795595 · last filed 990 for 2023
- GOTHENBURG SENIOR CITIZENS CENTER INC EIN 47-0660363 · last filed 990 for 2025
- CRESTVIEW SENIOR HOUSING INC EIN 47-0785373 · last filed 990 for 2024
- GOTHENBURG MEMORIAL HOSPITAL FOUNDATION EIN 47-0652141 · last filed 990 for 2024
All nonprofits in GOTHENBURG · Nebraska · Community improvement and capacity building