PROPUBLICA Fearless Reporting for an Informed Society — Join Us.
DONATE
Skip to content
ProPublica Donate
ProPublica Donate

Lincoln Economic Development Authority Inc

Organization summary

Type of Nonprofit

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

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$147k (2024)

Expenses
$92.2k (2024)

Total Assets
$672k (2024)

Total Liabilities
$76.2k (2024)

Source: Form 990 tax filings from 2011 to 2024

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 June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$146,720
Expenses
$92,155
Net Income
$54,565
Net Assets
$595,876
Notable Sources of Revenue Percent of Total Revenue
Contributions $132,010
90.0%
Program Services $7,417
5.1%
Investment Income $2,892
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,401
3.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $34,650
37.6%
Professional Fundraising Fees $0
Other Salaries and Wages $24,598
26.7%
Assets/Debt
Total Assets $672,117
Total Liabilities $76,241
Net Assets $595,876
Compensation
Key Employees and Officers Compensation Related Other
Tommy Adkins (Executive Director) $34,529 $0 $3,108
Josh Stowers (President) $0 $0 $0
W Aaron Stowers (Vice President) $0 $0 $0
David Roberts (Secretary/Treasurer) $0 $0 $0
Austin Lucas (Director) $0 $0 $0
Karl Melcus (Director) $0 $0 $0
Brian Vance (Director) $0 $0 $0
Ralph Tripletr (Director) $0 $0 $0
Dwight Coburn (Director) $0 $0 $0
Heather Vanater (Director) $0 $0 $0
William Carpenter (Director) $0 $0 $0
Sean O'dibighue (Director) $0 $0 $0
Conrad Lucas (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$43,115
Expenses
$95,890
Net Income
-$52,775
Net Assets
$541,311
Notable Sources of Revenue Percent of Total Revenue
Contributions $30,392
70.5%
Program Services $4,396
10.2%
Investment Income $3,527
8.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,800
11.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $32,954
34.4%
Professional Fundraising Fees $0
Other Salaries and Wages $25,827
26.9%
Assets/Debt
Total Assets $623,292
Total Liabilities $81,981
Net Assets $541,311
Compensation
Key Employees and Officers Compensation Related Other
Karl Melkus (Director) $0 $0 $0
Josh Stowers (President) $0 $0 $0
Austin Lucas (Vice President) $0 $0 $0
Audrey Robinette (Secretary/Treasurer) $0 $0 $0
David Roberts (Director) $0 $0 $0
Bill Carpenter (Director) $0 $0 $0
Brian Vance (Director) $0 $0 $0
Heather Vanater (Director) $0 $0 $0
Rick Ryan (Director) $0 $0 $0
Ralph Triplett (Director) $0 $0 $0
Dwight Coburn (Director) $0 $0 $0
Tommy Adkins (Executive Director) $0 $31,500 $4,763
Aaron Stowers (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$43,941
Expenses
$83,675
Net Income
-$39,734
Net Assets
$593,967
Notable Sources of Revenue Percent of Total Revenue
Contributions $28,265
64.3%
Program Services $2,228
5.1%
Investment Income $3,505
8.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $6,374
14.5%
Net Fundraising $0
Sales of Assets $3,569
8.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $31,155
37.2%
Professional Fundraising Fees $0
Other Salaries and Wages $23,823
28.5%
Assets/Debt
Total Assets $709,949
Total Liabilities $115,982
Net Assets $593,967
Compensation
Key Employees and Officers Compensation Related Other
Karl Melkus (Director) $0 $0 $0
Josh Stowers (President) $0 $0 $0
Austin Lucas (Vice President) $0 $0 $0
Audrey Robinette (Secretary/Treasurer) $0 $0 $0
David Roberts (Director) $0 $0 $0
Evelyn Cartwright (Director) $0 $0 $0
Brian Vance (Director) $0 $0 $0
Heather Vanater (Director) $0 $0 $0
Richard Helton (Director) $0 $0 $0
Ralph Triplett (Director) $0 $0 $0
Dwight Coburn (Director) $0 $0 $0
Tommy Adkins (Executive Director) $0 $31,154 $3,115
Rick Ryan (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$34,826
Expenses
$80,146
Net Income
-$45,320
Net Assets
$633,700
Notable Sources of Revenue Percent of Total Revenue
Contributions $25,227
72.4%
Program Services $1,257
3.6%
Investment Income $3,428
9.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,914
14.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $30,000
37.4%
Professional Fundraising Fees $0
Other Salaries and Wages $23,472
29.3%
Assets/Debt
Total Assets $735,373
Total Liabilities $101,673
Net Assets $633,700
Compensation
Key Employees and Officers Compensation Related Other
Tommy Adkins (Executive Director) $30,000 $0 $3,000
Karl Melkus (Director) $0 $0 $0
Josh Stowers (President) $0 $0 $0
Austin Lucas (Vice President) $0 $0 $0
Audrey Robinette (Secretary/Treasurer) $0 $0 $0
Paula Nelson (Director) $0 $0 $0
Evelyn Cartwright (Director) $0 $0 $0
Brian Vance (Director) $0 $0 $0
Heather Vanater (Director) $0 $0 $0
Richard Helton (Director) $0 $0 $0
Ralph Triplett (Director) $0 $0 $0
Zachery Maynard (Director) $0 $0 $0
Rick Ryan (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$40,535
Expenses
$86,944
Net Income
-$46,409
Net Assets
$679,020
Notable Sources of Revenue Percent of Total Revenue
Contributions $30,977
76.4%
Program Services $2,161
5.3%
Investment Income $3,446
8.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,951
9.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $30,000
34.5%
Professional Fundraising Fees $0
Other Salaries and Wages $21,400
24.6%
Assets/Debt
Total Assets $766,286
Total Liabilities $87,266
Net Assets $679,020
Compensation
Key Employees and Officers Compensation Related Other
Tommy Adkins (Executive Director) $30,000 $0 $2,100
Gary Mc Callister (Director) $0 $0 $0
Josh Stowers (President) $0 $0 $0
Austin Lucas (Vice President) $0 $0 $0
Rick Ryan (Secretary/Treasurer) $0 $0 $0
Paula Nelson (Director) $0 $0 $0
Evelyn Cartwright (Director) $0 $0 $0
Brian Vance (Director) $0 $0 $0
Heather Vanater (Director) $0 $0 $0
Richard Helton (Director) $0 $0 $0
Ralph Triplett (Director) $0 $0 $0
Zachery Maynard (Director) $0 $0 $0
Audrey Robinette (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$43,687
Expenses
$99,847
Net Income
-$56,160
Net Assets
$685,526
Notable Sources of Revenue Percent of Total Revenue
Contributions $32,652
74.7%
Program Services $4,020
9.2%
Investment Income $5,262
12.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,753
4.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $39,654
39.7%
Professional Fundraising Fees $0
Other Salaries and Wages $17,013
17.0%
Assets/Debt
Total Assets $736,050
Total Liabilities $50,524
Net Assets $685,526
Compensation
Key Employees and Officers Compensation Related Other
Larry Stutler (Executive Director) $25,230 $1,929 $1,354
Tommy Adkins (Executive Director) $14,423 $1,442 $448
Josh Stowers (President) $0 $0 $0
Gary Mc Callister (Vice President) $0 $0 $0
Rick Ryan (Secretary/Treasurer) $0 $0 $0
Paula Nelson (Director) $0 $0 $0
Austin Lucas (Director) $0 $0 $0
Evelyn Cartwright (Director) $0 $0 $0
Brian Vance (Director) $0 $0 $0
Heather Vanater (Director) $0 $0 $0
Richard Helton (Director) $0 $0 $0
Ralph Triplett (Director) $0 $0 $0
Zachery Maynard (Director) $0 $0 $0
Audrey Robinette (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$44,610
Expenses
$98,035
Net Income
-$53,425
Net Assets
$735,130
Notable Sources of Revenue Percent of Total Revenue
Contributions $29,575
66.3%
Program Services $5,558
12.5%
Investment Income $5,275
11.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,202
9.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $38,587
39.4%
Professional Fundraising Fees $0
Other Salaries and Wages $22,358
22.8%
Assets/Debt
Total Assets $787,015
Total Liabilities $51,885
Net Assets $735,130
Compensation
Key Employees and Officers Compensation Related Other
Larry Stutler (Executive Director) $38,587 $0 $4,438
Josh Stowers (President) $0 $0 $0
Gary Mccallister (Vice President) $0 $0 $0
Evelyn Cartright (Secretary/Treasurer) $0 $0 $0
Paula Nelson (Director) $0 $0 $0
Austin Lucas (Director) $0 $0 $0
Rick Ryan (Director) $0 $0 $0
Charles Vance (Director) $0 $0 $0
Jerry Cremeans (Director) $0 $0 $0
Richard Helton (Director) $0 $0 $0
Ralph Triplett (Director) $0 $0 $0
Zachery Maynard (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$76,503
Expenses
$128,700
Net Income
-$52,197
Net Assets
$793,694
Notable Sources of Revenue Percent of Total Revenue
Contributions $59,905
78.3%
Program Services $7,125
9.3%
Investment Income $5,272
6.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,201
5.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $38,587
30.0%
Professional Fundraising Fees $0
Other Salaries and Wages $18,948
14.7%
Assets/Debt
Total Assets $874,077
Total Liabilities $80,383
Net Assets $793,694
Compensation
Key Employees and Officers Compensation Related Other
Larry Stutler (Executive Director) $38,587 $0 $1,737
Josh Stowers (President) $0 $0 $0
Gary Mccallister (Vice President) $0 $0 $0
Evelyn Cartright (Secretary/Treasurer) $0 $0 $0
Paula Nelson (Director) $0 $0 $0
Austin Lucas (Director) $0 $0 $0
Rick Ryan (Director) $0 $0 $0
Charles Vance (Director) $0 $0 $0
Jerry Cremeans (Director) $0 $0 $0
Richard Helton (Director) $0 $0 $0
Ralph Triplett (Director) $0 $0 $0
Zachery Maynard (Director) $0 $0 $0
Jason Cook (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$114,039
Expenses
$104,946
Net Income
$9,093
Net Assets
$859,328
Notable Sources of Revenue Percent of Total Revenue
Contributions $97,553
85.5%
Program Services $7,396
6.5%
Investment Income $5,239
4.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,851
3.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $40,821
38.9%
Professional Fundraising Fees $0
Other Salaries and Wages $20,554
19.6%
Assets/Debt
Total Assets $900,990
Total Liabilities $41,662
Net Assets $859,328

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$96,701
Expenses
$98,331
Net Income
-$1,630
Net Assets
$836,948
Notable Sources of Revenue Percent of Total Revenue
Contributions $80,215
83.0%
Program Services $5,590
5.8%
Investment Income $2,745
2.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $8,151
8.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $39,967
40.6%
Professional Fundraising Fees $0
Other Salaries and Wages $20,760
21.1%
Assets/Debt
Total Assets $857,991
Total Liabilities $21,043
Net Assets $836,948

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$82,104
Expenses
$109,361
Net Income
-$27,257
Net Assets
$838,577
Notable Sources of Revenue Percent of Total Revenue
Contributions $66,860
81.4%
Program Services $6,392
7.8%
Investment Income $601
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $8,251
10.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $37,316
34.1%
Professional Fundraising Fees $0
Other Salaries and Wages $20,744
19.0%
Assets/Debt
Total Assets $858,006
Total Liabilities $19,429
Net Assets $838,577

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$128,191
Expenses
$97,037
Net Income
$31,154
Net Assets
$866,152
Notable Sources of Revenue Percent of Total Revenue
Contributions $112,484
87.7%
Program Services $9,027
7.0%
Investment Income $829
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $5,851
4.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $35,033
36.1%
Professional Fundraising Fees $0
Other Salaries and Wages $16,706
17.2%
Assets/Debt
Total Assets $896,200
Total Liabilities $30,048
Net Assets $866,152

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$86,438
Expenses
$194,557
Net Income
-$108,119
Net Assets
$771,090
Notable Sources of Revenue Percent of Total Revenue
Contributions $74,558
86.3%
Program Services $8,976
10.4%
Investment Income $1,103
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,801
2.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $38,699
19.9%
Professional Fundraising Fees $0
Other Salaries and Wages $21,394
11.0%
Assets/Debt
Total Assets $868,330
Total Liabilities $97,240
Net Assets $771,090

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$91,180
Expenses
$97,877
Net Income
-$6,697
Net Assets
$863,981
Notable Sources of Revenue Percent of Total Revenue
Contributions $70,409
77.2%
Program Services $16,361
17.9%
Investment Income $1,409
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,001
3.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $37,541
38.4%
Professional Fundraising Fees $0
Other Salaries and Wages $20,356
20.8%
Assets/Debt
Total Assets $879,402
Total Liabilities $15,421
Net Assets $863,981

Document Links

Fiscal Year Ending June
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

Fiscal Year Ending June
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

Fiscal Year Ending June
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

Fiscal Year Ending June
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

Fiscal Year Ending June
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

Fiscal Year Ending June
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

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 »