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Albion Economic Development Corporation

  • Albion, NE
  • Tax-exempt since Dec. 2005
  • EIN: 32-0108328

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Category: Community Improvement, Capacity Building / Rural Development (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$151k (2025)

Expenses
$142k (2025)

Total Assets
$2.32M (2025)

Total Liabilities
$185k (2025)

Source: Form 990 tax filings from 2012 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending March
2025

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$150,700
Expenses
$141,565
Net Income
$9,135
Net Assets
$2,132,568
Notable Sources of Revenue Percent of Total Revenue
Contributions $12,227
8.1%
Program Services $64,203
42.6%
Investment Income $38,979
25.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $35,291
23.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,317,314
Total Liabilities $184,746
Net Assets $2,132,568
Compensation
Key Employees and Officers Compensation Related Other
Michelle Gragert (Director) $0 $0 $0
Jeffrey C Jarecki (President/Di) $0 $0 $0
Samantha Kleveland (Director) $0 $0 $0
Brock Kuester (Director) $0 $0 $0
Tony Levander (Director) $0 $0 $0
John Moeller (Director) $0 $0 $0
Andy Roberts (Vice Preside) $0 $0 $0
Steven Ruzek (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 7, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending March
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,498,759
Expenses
$184,710
Net Income
$1,314,049
Net Assets
$2,123,433
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,309,110
87.3%
Program Services $152,605
10.2%
Investment Income $37,044
2.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,308,179
Total Liabilities $184,746
Net Assets $2,123,433
Compensation
Key Employees and Officers Compensation Related Other
Michelle Gragert (Director) $0 $0 $0
Jeffrey C Jarecki (President/Di) $0 $0 $0
Samantha Kleveland (Director) $0 $0 $0
Brock Kuester (Director) $0 $0 $0
Tony Levander (Director) $0 $0 $0
John Moeller (Director) $0 $0 $0
Andy Roberts (Vice Preside) $0 $0 $0
Steven Ruzek (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending March
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$402,607
Expenses
$181,497
Net Income
$221,110
Net Assets
$809,384
Notable Sources of Revenue Percent of Total Revenue
Contributions $329,651
81.9%
Program Services $68,590
17.0%
Investment Income $4,366
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $809,384
Total Liabilities $0
Net Assets $809,384
Compensation
Key Employees and Officers Compensation Related Other
Michelle Gragert (Director) $0 $0 $0
Jeffrey C Jarecki (President/Di) $0 $0 $0
Samantha Kleveland (Director) $0 $0 $0
Brock Kuester (Director) $0 $0 $0
Tony Levander (Director) $0 $0 $0
John Moeller (Director) $0 $0 $0
Andy Roberts (Vice Preside) $0 $0 $0
Steven Ruzek (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on June 14, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$157,458
Expenses
$116,563
Net Income
$40,895
Net Assets
$588,274
Notable Sources of Revenue Percent of Total Revenue
Contributions $155,302
98.6%
Program Services $0
Investment Income $2,156
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $588,274
Total Liabilities $0
Net Assets $588,274
Compensation
Key Employees and Officers Compensation Related Other
Michelle Gragert (Director) $0 $0 $0
Jeffrey C Jarecki (President/Di) $0 $0 $0
Brock Kuester (Director) $0 $0 $0
Tony Levander (Director) $0 $0 $0
John Moeller (Director) $0 $0 $0
Andy Roberts (Vice Preside) $0 $0 $0
Steven Ruzek (Treasurer/Di) $0 $0 $0
Tanya Sharp (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on June 3, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$99,844
Expenses
$68,123
Net Income
$31,721
Net Assets
$547,379
Notable Sources of Revenue Percent of Total Revenue
Contributions $97,503
97.7%
Program Services $0
Investment Income $2,341
2.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $547,379
Total Liabilities $0
Net Assets $547,379
Compensation
Key Employees and Officers Compensation Related Other
Jeffrey C Jarecki (President/Di) $0 $0 $0
Brock Kuester (Director) $0 $0 $0
Tony Levander (Director) $0 $0 $0
John Moeller (Director) $0 $0 $0
Dani O'brien (Director) $0 $0 $0
Andy Roberts (Vice Preside) $0 $0 $0
Steven Ruzek (Treasurer/Di) $0 $0 $0
Tanya Sharp (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on July 12, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending March
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$38,014
Expenses
$114,140
Net Income
-$76,126
Net Assets
$515,658
Notable Sources of Revenue Percent of Total Revenue
Contributions $33,276
87.5%
Program Services $0
Investment Income $4,738
12.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $515,658
Total Liabilities $0
Net Assets $515,658
Compensation
Key Employees and Officers Compensation Related Other
Jeffrey C Jarecki (President/Di) $0 $0 $0
Brock Kuester (Director) $0 $0 $0
Tony Levander (Director) $0 $0 $0
John Moeller (Director) $0 $0 $0
Dani O'brien (Director) $0 $0 $0
Andy Roberts (Vice Preside) $0 $0 $0
Steven Ruzek (Treasurer/Di) $0 $0 $0
Tanya Sharp (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on July 21, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$220,066
Expenses
$76,976
Net Income
$143,090
Net Assets
$591,784
Notable Sources of Revenue Percent of Total Revenue
Contributions $215,784
98.1%
Program Services $0
Investment Income $4,282
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $591,784
Total Liabilities $0
Net Assets $591,784
Compensation
Key Employees and Officers Compensation Related Other
Jeffrey C Jarecki (President/Di) $0 $0 $0
Andy Roberts (Vice Preside) $0 $0 $0
Steven Ruzek (Treasurer/Di) $0 $0 $0
Tanya Sharp (Director) $0 $0 $0
Dani O'brien (Director) $0 $0 $0
John Moeller (Director) $0 $0 $0
Tony Levander (Director) $0 $0 $0
Brock Kuester (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on June 6, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$255,827
Expenses
$115,300
Net Income
$140,527
Net Assets
$448,694
Notable Sources of Revenue Percent of Total Revenue
Contributions $253,430
99.1%
Program Services $0
Investment Income $2,397
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $448,694
Total Liabilities $0
Net Assets $448,694
Compensation
Key Employees and Officers Compensation Related Other
Jeffrey C Jarecki (President/Di) $0 $0 $0
Andy Roberts (Vice Preside) $0 $0 $0
Steven Ruzek (Treasurer/Di) $0 $0 $0
Scot Daniels (Director) $0 $0 $0
Dani O'brien (Director) $0 $0 $0
John Moeller (Director) $0 $0 $0
Tony Levander (Director) $0 $0 $0
Brock Kuester (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 7, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,205
Expenses
$146,737
Net Income
-$141,532
Net Assets
$308,167
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,482
66.9%
Program Services $0
Investment Income $1,723
33.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $308,167
Total Liabilities $0
Net Assets $308,167
Compensation
Key Employees and Officers Compensation Related Other
Jeffrey C Jarecki (President/Di) $0 $0 $0
Andy Roberts (Vice Preside) $0 $0 $0
Steven Ruzek (Treasurer/Di) $0 $0 $0
Scot Daniels (Director) $0 $0 $0
Dani O'brien (Director) $0 $0 $0
John Moeller (Director) $0 $0 $0
Tony Levander (Director) $0 $0 $0
Brock Kuester (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 7, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,322
Expenses
$124,197
Net Income
-$115,875
Net Assets
$449,699
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,626
67.6%
Program Services $0
Investment Income $2,696
32.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $449,699
Total Liabilities $0
Net Assets $449,699
Compensation
Key Employees and Officers Compensation Related Other
Jeffrey C Jarecki (President/Director) $0 $0 $0
Andy Roberts (Vice President/Director) $0 $0 $0
Julie Mahoney (Treasurer/Director) $0 $0 $0
Scot Daniels (Director) $0 $0 $0
Jim Dickerson (Director) $0 $0 $0
John Moeller (Director) $0 $0 $0
Tony Levander (Director) $0 $0 $0
Brock Kuester (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 2, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending March
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$307,267
Expenses
$79,944
Net Income
$227,323
Net Assets
$565,574
Notable Sources of Revenue Percent of Total Revenue
Contributions $305,298
99.4%
Program Services $0
Investment Income $1,969
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $565,574
Total Liabilities $0
Net Assets $565,574
Compensation
Key Employees and Officers Compensation Related Other
Jeffrey C Jarecki (President/Director) $0 $0 $0
Andy Roberts (Vice President/Director) $0 $0 $0
Julie Mahoney (Treasurer/Director) $0 $0 $0
Scot Daniels (Director) $0 $0 $0
Jim Dickerson (Director) $0 $0 $0
John Moeller (Director) $0 $0 $0
Tony Levander (Director) $0 $0 $0
Aubrey Pals (Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on July 15, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,011
Expenses
$53,218
Net Income
-$48,207
Net Assets
$338,251
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,000
20.0%
Program Services $1,300
25.9%
Investment Income $1,762
35.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $949
18.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $4,685
8.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $338,251
Total Liabilities $0
Net Assets $338,251
Compensation
Key Employees and Officers Compensation Related Other
Jill Anding (Secretary/Director) $4,685 $0 $0
Jeffrey C Jarecki (President/Director) $0 $0 $0
Andy Roberts (Vice President/Director) $0 $0 $0
Julie Mahoney (Treasurer/Director) $0 $0 $0
Tim Kayton (Director) $0 $0 $0
Scot Daniels (Director) $0 $0 $0
Jim Dickerson (Director) $0 $0 $0
John Moeller (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 5, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$28,821
Expenses
$61,686
Net Income
-$32,865
Net Assets
$386,458
Notable Sources of Revenue Percent of Total Revenue
Contributions $28,436
98.7%
Program Services $3,641
12.6%
Investment Income $3,152
10.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$7,265
Net Inventory Sales $0
Other Revenue $857
3.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $20,429
33.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $388,090
Total Liabilities $1,632
Net Assets $386,458

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$224,167
Expenses
$69,429
Net Income
$154,738
Net Assets
$419,323
Notable Sources of Revenue Percent of Total Revenue
Contributions $239,367
> 100%
Program Services $6,550
2.9%
Investment Income $3,586
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$27,220
Net Inventory Sales $0
Other Revenue $1,884
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $19,457
28.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $430,841
Total Liabilities $11,518
Net Assets $419,323

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated