Nonprofit · EIN 47-0697801
ECONOMIC DEVELOPMENT COUNCIL OF BUFFALO COUNTY INC
Tax-exempt · KEARNEY, NE 68848
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $688,723 | $497,686 | $191,037 | $2,611,700 | $245,548 | $2,366,152 |
| June 30, 2024 | 990 | $1,198,586 | $1,072,151 | $126,435 | $2,716,196 | $24,891 | $2,691,305 |
| June 30, 2023 | 990 | $588,797 | $799,302 | -$210,505 | $2,592,944 | $28,150 | $2,564,794 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $655,838
- of which government grants
- $431,438
- Program service revenue
- $2,010
- Investment income
- $30,875
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $109,000
- Other salaries and wages
- $195,528
- Salaries, compensation and benefits (total)
- $241,015
- Professional fundraising fees
- $0
- Legal fees
- $91
- Accounting fees
- $5,864
- Occupancy
- $2,800
- Travel
- $6,410
- Depreciation
- $3,540
- Program services (functional)
- $497,686
Balance sheet and other
- Total assets, start of year
- $2,716,196
- Total assets, end of year
- $2,611,700
- Total liabilities, end of year
- $245,548
- Net assets, end of year
- $2,366,152
- Land, buildings and equipment
- $4,569
- Net assets without donor restrictions
- $1,947,942
- Net assets with donor restrictions
- $418,210
- Gross receipts
- $688,723
- Employees
- 2
- Year formed
- 1986
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TREVOR LEE | PRESIDENT Highest-paid employee | 45 | $142,898 |
| KIMBER BONNER | BOARD MEMBER Trustee or director | 1 | $0 |
| NATHAN DORSEY | BOARD MEMBER Trustee or director | 1 | $0 |
| SCOTT EHMKE | BOARD MEMBER Trustee or director | 1 | $0 |
| JUSTIN GOULD | BOARD MEMBER Trustee or director | 1 | $0 |
| PAUL KENNEY | BOARD MEMBER Trustee or director | 1 | $0 |
| DAN LYNCH | BOARD MEMBER Trustee or director | 1 | $0 |
| TAMI MOORE | BOARD MEMBER Trustee or director | 1 | $0 |
| KELLY NASLUND | BOARD MEMBER Trustee or director | 1 | $0 |
| NICK RIDGEWAY | BOARD MEMBER Trustee or director | 1 | $0 |
| KURT SCHMIDT | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| JON WATTS | BOARD MEMBER Trustee or director | 1 | $0 |
| JERRY HELLMAN | CHAIRMAN Officer | 2 | $0 |
| CHRIS MILLER | PAST CHAIRMA Officer | 1 | $0 |
| SHERRY MORROW | VICE CHAIRMA Officer | 1 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRAD WEGNER | SECRETARY/TR Officer | 1 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TREVOR LEE | PRESIDENT Highest-paid employee | 50 | $144,182 |
| STAN CLOUSE | PAST CHAIR Trustee or director, Officer | – | $0 |
| NATHAN DORSEY | BOARD MEMBER Trustee or director | 1 | $0 |
| SCOTT EHMKE | BOARD MEMBER Trustee or director | 1 | $0 |
| JUSTIN GOULD | BOARD MEMBER Trustee or director | 1 | $0 |
| PAUL KENNEY | BOARD MEMBER Trustee or director | 1 | $0 |
| BRUCE KREUTZER | BOARD MEMBER Trustee or director | 1 | $0 |
| LANDON LUESHEN | BOARD MEMBER Trustee or director | 1 | $0 |
| DAN LYNCH | BOARD MEMBER Trustee or director | – | $0 |
| CHRIS MILLER | CHAIRMAN Trustee or director, Officer | 5 | $0 |
| TAMI MOORE | BOARD MEMBER Trustee or director | 1 | $0 |
| KELLY NASLUND | BOARD MEMBER Trustee or director | 1 | $0 |
| AMANDA POLACEK | BOARD MEMBER Trustee or director | 1 | $0 |
| BRAD WEGNER | BOARD MEMBER Trustee or director | 1 | $0 |
| JERRY HELLMAN | SECRETARY TR Officer | 4 | $0 |
| SHERRY MORROW | VICE CHAIRMA Officer | 4 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TREVOR LEE | PRESIDENT Officer | 50 | $140,983 |
| SCOTT EHMKE | BOARD MEMBER Trustee or director | 1 | $0 |
| JERRY HELLMAN | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| PAUL KENNEY | BOARD MEMBER Trustee or director | 1 | $0 |
| BRUCE KREUTZER | BOARD MEMBER Trustee or director | 1 | $0 |
| LANDON LUESHEN | BOARD MEMBER Trustee or director | 1 | $0 |
| DAN LYNCH | BOARD MEMBER Trustee or director | 1 | $0 |
| TAMI MOORE | BOARD MEMBER Trustee or director | 1 | $0 |
| KELLY NASLUND | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVE OLDFATHER | PAST CHAIRMA Trustee or director, Officer | 1 | $0 |
| BRAD WEGNER | BOARD MEMBER Trustee or director, Officer | 1 | $0 |
| STAN CLOUSE | CHAIRMAN Officer | 5 | $0 |
| CHRIS MILLER | VICE CHAIRMA Officer | 1 | $0 |
| SHERRY MORROW | SECRETARY/TR Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 607, KEARNEY, NE 68848-0607
- Principal officer (990 for 2024)
- TREVOR LEE, PO BOX 607, KEARNEY, NE 68848
- Signed the 990
- TREVOR LEE, PRESIDENT
- Website
- WWW.GROWBUFFALOCOUNTY.COM
- Return prepared by
- DANA F COLE & COMPANY LLP
Mission
PROMOTE MEANINGFUL AND PROSPEROUS DEVELOPMENT FOR THE CITY OF KEARNEY NEBRASKA AND ALL OF BUFFALO COUNTY NEBRASKA.
Program accomplishments
- PROMOTE ECONOMIC DEVELOPMENT IN BUFFALO COUNTY BY PROVIDING FUNDING, PRIMARILY IN THE FORM OF DIRECCT GRANTS AND SHORT TERM LOANS, TO ORGANIZATIONS FOR DEVELOPMENT BENEFITTING THE REGION THROUGH THE CREATION OF JOBS, JOB TRAINING AND EDUCATION, AND THE CIRCULATION OF BUSINESS REVENUES WITHIN THE AREA.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 47-0697801
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1987
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $2,611,700
- Income (IRS master file)
- $688,723
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $688,723 | $497,686 | $2,611,700 | IRS |
| 990 | June 2024 | $1,198,586 | $1,072,151 | $2,716,196 | IRS |
| 990 | June 2023 | $588,797 | $799,302 | $2,592,944 | XML |
| 990 | June 2022 | $766,326 | $336,773 | $2,798,712 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 47-0697801).
Questions about ECONOMIC DEVELOPMENT COUNCIL OF BUFFALO COUNTY INC
- What is the EIN of ECONOMIC DEVELOPMENT COUNCIL OF BUFFALO COUNTY INC?
- The employer identification number (EIN) of ECONOMIC DEVELOPMENT COUNCIL OF BUFFALO COUNTY INC is 47-0697801.
- Is ECONOMIC DEVELOPMENT COUNCIL OF BUFFALO COUNTY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1987.
- Are donations to ECONOMIC DEVELOPMENT COUNCIL OF BUFFALO COUNTY INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ECONOMIC DEVELOPMENT COUNCIL OF BUFFALO COUNTY 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 ECONOMIC DEVELOPMENT COUNCIL OF BUFFALO COUNTY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ECONOMIC DEVELOPMENT COUNCIL OF BUFFALO COUNTY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ECONOMIC DEVELOPMENT COUNCIL OF BUFFALO COUNTY INC?
- The 990 for the year ended June 30, 2025 names TREVOR LEE.
- Who are the officers and directors of ECONOMIC DEVELOPMENT COUNCIL OF BUFFALO COUNTY INC?
- The 990 for the year ended June 30, 2025 lists 16 people; 1 received compensation from the organization, the highest $142,898 (TREVOR LEE, PRESIDENT).
- How much revenue does ECONOMIC DEVELOPMENT COUNCIL OF BUFFALO COUNTY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $688,723, expenses of $497,686 and total assets of $2,611,700 at year end.
Other nonprofits in KEARNEY
- KEARNEY VISITORS BUREAU INC EIN 86-1176325 · last filed 990 for 2025
- NEBRASKA ASSOCIATION OF TOBACCO & CANDY DISTRIBUTORS EIN 47-0435984 · last filed 990-EZ for 2025
- KEARNEY WOMANS CLUB INC EIN 47-0669238 · last filed 990-N for 2025
- NSSOA EIN 46-5210142 · last filed 990-N for 2024
- HIRSCHFELD FAMILY FOUNDATION INC EIN 47-0762188 · last filed 990-PF for 2025
- COMMUNITY ACTION PARTNERSHIP OF MID-NEBRASKA EIN 47-6039628 · last filed 990 for 2025
- MOUNT CARMEL HOME KEENS MEMORIAL EIN 47-0488339 · last filed 990 for 2025
- KEARNEY AREA COMMUNITY FOUNDATION EIN 47-0786586 · last filed 990 for 2024
All nonprofits in KEARNEY · Nebraska · Community improvement and capacity building