Skip to content
ProPublica Donate
ProPublica Donate

Nebraska Economic Development Corporation

  • Lincoln, NE
  • Tax-exempt since Aug. 1996
  • EIN: 47-0721052

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

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

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$2.24M (2023)

Expenses
$1.58M (2023)

Total Assets
$6.26M (2023)

Total Liabilities
$238k (2023)

Source: Form 990 tax filings from 2011 to 2023

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 Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,237,131
Expenses
$1,583,265
Net Income
$653,866
Net Assets
$6,021,212
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,003,678
89.6%
Investment Income $233,453
10.4%
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 $244,334
15.4%
Professional Fundraising Fees $0
Other Salaries and Wages $649,624
41.0%
Assets/Debt
Total Assets $6,258,967
Total Liabilities $237,755
Net Assets $6,021,212
Compensation
Key Employees and Officers Compensation Related Other
Scott Sailors (Executive Di) $239,555 $0 $19,439
Todd Mulliner (President Of) $192,465 $0 $28,735
Jason Culver (Chief Credit) $116,956 $0 $20,844
Will Sailors (Vp Lending) $109,327 $0 $22,923
Dennis Grams (Chair) $21,000 $0 $0
Stephen Amundson (Vice Chair) $16,000 $0 $0
James Barr (Director) $16,000 $0 $0
Jacob Borst (Director) $16,000 $0 $0
Loren Kucera (Director) $16,000 $0 $0
Nicholas Menefee (Director) $16,000 $0 $0
Jeff Reifschneider (Director) $16,000 $0 $0
Doug Wiemer (Director) $16,000 $0 $0
+ View more people

Document Links

990
Filed on Aug. 14, 2024

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

View Filing
XML

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,640,595
Expenses
$1,716,756
Net Income
-$76,161
Net Assets
$5,367,346
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,607,922
98.0%
Investment Income $32,673
2.0%
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 $240,515
14.0%
Professional Fundraising Fees $0
Other Salaries and Wages $800,599
46.6%
Assets/Debt
Total Assets $5,459,032
Total Liabilities $91,686
Net Assets $5,367,346
Compensation
Key Employees and Officers Compensation Related Other
Scott Sailors (Executive Di) $240,515 $0 $18,479
Jason Culver (Chief Credit) $168,583 $0 $19,217
Will Sailors (Vp Lending) $147,549 $0 $20,326
Todd Mulliner (President Of) $144,488 $0 $20,102
Jennifer Fowler (Vp Loan Clos) $110,575 $0 $5,313
Dennis Grams (Chair) $21,000 $0 $0
Stephen Amundson (Vice Chair) $16,000 $0 $0
Loren Kucera (Director) $16,000 $0 $0
Jacob Borst (Director) $16,000 $0 $0
Doug Wiemer (Director) $15,000 $0 $0
James Barr (Director) $12,000 $0 $0
Nicholas Menefee (Director) $12,000 $0 $0
Jeff Reifschneider (Director) $8,000 $0 $0
+ View more people

Document Links

990
Filed on Aug. 10, 2023

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

View Filing
PDF XML

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,918,071
Expenses
$1,535,624
Net Income
$382,447
Net Assets
$5,443,507
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,904,305
99.3%
Investment Income $14,437
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$671
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $254,334
16.6%
Professional Fundraising Fees $0
Other Salaries and Wages $663,295
43.2%
Assets/Debt
Total Assets $5,498,328
Total Liabilities $54,821
Net Assets $5,443,507
Compensation
Key Employees and Officers Compensation Related Other
Scott Sailors (Executive Director) $500,951 $0 $14,660
Todd Mulliner (President Of Operations) $169,981 $0 $16,700
Jason Culver (Chief Credit Officer) $146,737 $0 $7,350
Will Sailors (Loan Officer) $120,935 $0 $10,469
Dennis Grams (Chair) $26,250 $0 $0
Jeff Reifschneider (Director) $24,000 $0 $0
Doug Wiemer (Director) $21,000 $0 $0
Stephen Amundson (Vice Chair) $20,000 $0 $0
Jim Barr (Director) $20,000 $0 $0
Loren Kucera (Director) $20,000 $0 $0
Jacob Borst (Director) $20,000 $0 $0
Nick Menefee (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on March 31, 2022

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

View Filing
PDF XML

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,319,342
Expenses
$1,528,555
Net Income
-$209,213
Net Assets
$5,061,060
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,260,524
95.5%
Investment Income $58,818
4.5%
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 $290,941
19.0%
Professional Fundraising Fees $0
Other Salaries and Wages $669,810
43.8%
Assets/Debt
Total Assets $5,106,059
Total Liabilities $44,999
Net Assets $5,061,060
Compensation
Key Employees and Officers Compensation Related Other
Scott Sailors (Executive Director) $290,641 $0 $17,660
Dennis Grams (Chair) $21,000 $0 $0
Stephen Amundson (Vice Chair) $16,000 $0 $0
Jim Barr (Director) $16,000 $0 $0
Jacob Borst (Director) $16,000 $0 $0
Doug Wiemer (Director) $16,000 $0 $0
Loren Kucera (Director) $16,000 $0 $0
Jeff Reifschneider (Director) $12,000 $0 $0
+ View more people

Document Links

990
Filed on Aug. 2, 2021

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

View Filing
XML

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,348,690
Expenses
$1,316,627
Net Income
$32,063
Net Assets
$5,270,273
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,245,676
92.4%
Investment Income $89,001
6.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $14,013
1.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $248,797
18.9%
Professional Fundraising Fees $0
Other Salaries and Wages $544,950
41.4%
Assets/Debt
Total Assets $5,364,675
Total Liabilities $94,402
Net Assets $5,270,273
Compensation
Key Employees and Officers Compensation Related Other
Scott Sailors (Executive Director) $240,189 $0 $14,928
Dennis Grams (Chair) $16,500 $0 $0
Stephen Amundson (Vice Chair) $11,500 $0 $0
Jim Barr (Director) $11,500 $0 $0
Doug Wiemer (Director) $11,500 $0 $0
Loren Kucera (Director) $11,500 $0 $0
Jeff Reifschneider (Director) $11,500 $0 $0
Jacob Borst (Director) $6,500 $0 $0
+ View more people

Document Links

990
Filed on Aug. 3, 2020

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

View Filing
PDF XML

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,200,217
Expenses
$1,431,908
Net Income
-$231,691
Net Assets
$5,238,210
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,138,144
94.8%
Investment Income $62,073
5.2%
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 $211,065
14.7%
Professional Fundraising Fees $0
Other Salaries and Wages $368,506
25.7%
Assets/Debt
Total Assets $5,328,352
Total Liabilities $90,142
Net Assets $5,238,210
Compensation
Key Employees and Officers Compensation Related Other
Scott Sailors (Executive Director) $201,247 $0 $12,664
Dennis Grams (Chair) $15,000 $0 $0
Stephen Amundson (Vice Chair) $10,000 $0 $0
Jim Barr (Director) $10,000 $0 $0
Doug Wiemer (Director) $10,000 $0 $0
Loren Kucera (Director) $10,000 $0 $0
Jeff Reifschneider (Director) $10,000 $0 $0
Jacob Borst (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 30, 2019

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

View Filing
PDF XML

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,477,851
Expenses
$1,527,079
Net Income
-$49,228
Net Assets
$5,469,901
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,449,229
98.1%
Investment Income $28,622
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 $211,065
13.8%
Professional Fundraising Fees $0
Other Salaries and Wages $409,472
26.8%
Assets/Debt
Total Assets $5,525,652
Total Liabilities $55,751
Net Assets $5,469,901
Compensation
Key Employees and Officers Compensation Related Other
Scott Sailors (Executive Director) $303,156 $0 $13,121
Dennis Grams (Chair) $18,750 $0 $0
Stephen Amundson (Vice Chair) $12,500 $0 $0
Jim Barr (Director) $12,500 $0 $0
Doug Wiemer (Director) $12,500 $0 $0
Loren Kucera (Director) $12,500 $0 $0
Jeff Reifschneider (Director) $12,500 $0 $0
Jack Vavra (Director) $12,500 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2018

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

View Filing
PDF XML

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,178,295
Expenses
$1,807,314
Net Income
-$629,019
Net Assets
$5,519,129
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,166,762
99.0%
Investment Income $11,533
1.0%
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 $286,568
15.9%
Professional Fundraising Fees $0
Other Salaries and Wages $546,850
30.3%
Assets/Debt
Total Assets $5,579,737
Total Liabilities $60,608
Net Assets $5,519,129
Compensation
Key Employees and Officers Compensation Related Other
Scott Sailors (Executive Director) $231,616 $0 $18,682
Dennis Grams (Chair) $17,500 $0 $0
Jim Barr (Director) $12,500 $0 $0
Stephen Amundson (Vice Chair) $10,000 $0 $0
Loren Kucera (Director) $10,000 $0 $0
Jeff Reifschneider (Director) $10,000 $0 $0
Jack Vavra (Director) $10,000 $0 $0
Doug Wiemer (Director) $7,500 $0 $0
+ View more people

Document Links

990
Filed on March 7, 2017

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

View Filing
PDF XML

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,158,344
Expenses
$1,232,092
Net Income
-$73,748
Net Assets
$6,148,148
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,151,050
99.4%
Investment Income $7,294
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 $240,375
19.5%
Professional Fundraising Fees $0
Other Salaries and Wages $446,021
36.2%
Assets/Debt
Total Assets $6,227,745
Total Liabilities $79,597
Net Assets $6,148,148
Compensation
Key Employees and Officers Compensation Related Other
Scott Sailors (Executive Director) $161,568 $0 $19,184
Pat Vuchetich (Chair) $42,500 $0 $0
Dennis Grams (Director) $15,000 $0 $0
Jack Vavra (Director) $12,500 $0 $0
Loren Kucera (Director) $10,225 $0 $0
Stephen Amundson (Vice Chair) $10,000 $0 $0
Jim Barr (Director) $10,000 $0 $0
Jeff Reifschneider (Director) $10,000 $0 $0
Doug Wiemer (Director) $8,700 $0 $0
+ View more people

Document Links

990
Filed on March 24, 2016

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

View Filing
PDF XML

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,270,733
Expenses
$1,059,308
Net Income
$211,425
Net Assets
$6,221,896
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,251,144
98.5%
Investment Income $8,311
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $11,278
0.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $171,491
16.2%
Professional Fundraising Fees $0
Other Salaries and Wages $343,966
32.5%
Assets/Debt
Total Assets $6,288,319
Total Liabilities $66,423
Net Assets $6,221,896
Compensation
Key Employees and Officers Compensation Related Other
Scott Sailors (Executive Director) $190,339 $0 $9,923
Stephen Amundson (Vice Chair) $0 $0 $0
Jim Barr (Director) $0 $0 $0
Dennis Grams (Director) $0 $0 $0
Doug Wiemer (Director) $0 $0 $0
Loren Kucera (Director) $0 $0 $0
Jeff Reifschneider (Director) $0 $0 $0
Jack Vavra (Director) $0 $0 $0
Pat Vuchetich (Chair) $0 $0 $0
+ View more people

Document Links

990
Filed on May 7, 2015

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

View Filing
PDF XML

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,349,785
Expenses
$1,210,361
Net Income
$139,424
Net Assets
$6,010,471
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,338,636
99.2%
Investment Income $13,666
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,517
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $205,375
17.0%
Professional Fundraising Fees $0
Other Salaries and Wages $414,905
34.3%
Assets/Debt
Total Assets $6,105,019
Total Liabilities $94,548
Net Assets $6,010,471

Document Links

990
Filed on June 5, 2014

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

View Filing
PDF XML

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,356,144
Expenses
$955,049
Net Income
$401,095
Net Assets
$5,871,047
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,332,496
98.3%
Investment Income $23,648
1.7%
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 $194,719
20.4%
Professional Fundraising Fees $0
Other Salaries and Wages $368,934
38.6%
Assets/Debt
Total Assets $6,597,456
Total Liabilities $726,409
Net Assets $5,871,047

Document Links

990

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

PDF

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,228,094
Expenses
$795,635
Net Income
$432,459
Net Assets
$5,469,952
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,204,706
98.1%
Investment Income $23,388
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 $194,719
24.5%
Professional Fundraising Fees $0
Other Salaries and Wages $276,228
34.7%
Assets/Debt
Total Assets $6,368,500
Total Liabilities $898,548
Net Assets $5,469,952

Document Links

990

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

PDF

Fiscal Year Ending Sept.
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

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

PDF

Fiscal Year Ending Sept.
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

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

PDF

Fiscal Year Ending Sept.
2008

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

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

PDF

Fiscal Year Ending Sept.
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

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

PDF

Fiscal Year Ending Sept.
2006

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

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

PDF

Fiscal Year Ending Sept.
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

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

PDF

Fiscal Year Ending Sept.
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

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

PDF

Fiscal Year Ending Sept.
2003

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

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

PDF

Fiscal Year Ending Sept.
2002

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

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

PDF

About 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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

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