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Nonprofit · EIN 46-5433447

RAVENNA ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · RAVENNA, NE 68869

Financials

$436K$91K2023$412K$586K2024
Revenue Expenses · by fiscal year end
Financials of RAVENNA ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$412,189$585,805-$173,616$486,871$588$486,283
September 30, 2024990$435,705$90,834$344,871$660,480$581$659,899
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$385,996
of which government grants
$70,000
Program service revenue
$130
Investment income
$16,737
Other revenue
$9,326

Expenses

Grants and similar amounts paid
$499,718
Compensation of officers, directors and key employees
$50,400
Salaries, compensation and benefits (total)
$54,323
Professional fundraising fees
$0
Accounting fees
$5,230
Occupancy
$9,380
Travel
$1,081
Program services (functional)
$505,184
Management and general (functional)
$80,621

Balance sheet and other

Total assets, start of year
$660,480
Total assets, end of year
$486,871
Total liabilities, end of year
$588
Net assets, end of year
$486,283
Net assets without donor restrictions
$113,336
Net assets with donor restrictions
$372,947
Gross receipts
$412,189
Employees
1

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ZACHARY WESTEXECUTIVE DI
Trustee or director
40$50,400
RODNEY POKORSKIPRESIDENT
Trustee or director, Officer
1$0
LINDA ZINNELTREASURER
Trustee or director, Officer
0.5$0
LARRY WILKEVICE PRES/SE
Trustee or director, Officer
0.5$0
SCOTT WACHTERFORMER TREAS
Trustee or director, Officer
–$0
DALE JOHNSONBOARD MEMBER
Trustee or director
0.5$0
KEN SCHROEDERBOARD MEMBER
Trustee or director
0.5$0
BRANDON MIIGERLBOARD MEMBER
Trustee or director
0.5$0
JOY KYHNFORMER CHAMB
Trustee or director
–$0
RUSS CROWELLCHAMBER REP
Trustee or director
0.5$0
990 for the year ended September 30, 2024: 10 people
NameTitleHours / weekCompensation
ZACHARY WESTEXECTUTIVE D
Trustee or director
40$49,685
RODNEY POKORSKIPRESIDENT
Trustee or director, Officer
1$0
LINDA ZINNELSECRETARY/TR
Trustee or director, Officer
0.5$0
LARRY WILKEVICE PRESIDE
Trustee or director, Officer
0.5$0
SCOTT WACHTERTREASURER
Trustee or director, Officer
0.5$0
DALE JOHNSONBOARD MEMBER
Trustee or director
0.5$0
MICHAEL BAUERCHAMBER REP
Trustee or director
0.5$0
KEN SCHROEDERBOARD MEMBER
Trustee or director
0.5$0
BRANDON MIIGERLBOARD MEMBER
Trustee or director
0.5$0
JOY KYHNCHAMBER REP
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
318 GRAND AVE, RAVENNA, NE 68869-1322
Principal officer (990 for 2024)
RODNEY POKORSKI, 524 MILLER AVE, RAVENNA, NE 68869
Signed the 990
RODNEY POKORSKI, PRESIDENT
Phone
(308) 452-3133
Return prepared by
LAURIE JOHNSON LLC

Mission

RAVENNA'S ECONOMIC DEVELOPMENT PROGRAM IS A REFLECTION OF THE COMMUNITY'S FORWARD-THINKING, PROGRESSIVE AND PASSIONATE CITIZENS AND BUSINESS COMMUNITY. THE AIM OF RAVENNA'S ECONOMIC DEVELOPMENT PROGRAM IS JOB RETENTION, BUSINESS EXPANSION, BUSINESS RECRUITMENT, JOB TRAINING AND THE CREATION OF OPPORTUNITIES FOR LOCAL BUSINESSES TO REACH A GLOBAL MARKETPLACE. THE SUCCESS OF THIS PROGRAM WILL HELP TO ENSURE THAT THE QUALITY OF LIFE FOR RAVENNA RESIDENTS IS MAINTAINED AND ENHANCED, ALLOWING FUTURE GENERATIONS TO ENJOY THE SAME COMMUNITY QUALITIES THAT CURRENT RESIDENTS CHERISH.

990 for the year ended September 30, 2025

Program accomplishments

  • PROMOTE THE COMMUNITY BY MAINTAINING A WEBSITE FOR THE CITY OF RAVENNA AND PARTICIPATING IN VARIOUS COMMUNITY EVENTS.
    Expenses $2,266
  • ASSIST LOCAL BUSINESSES APPLY FOR GRANTS.
    Expenses $996 · grants $996 · revenue $130
  • ASSIST IN ATTRACTING WORKING FAMILIES TO OUR RURAL COMMUNITY BY INCREASING THE SUPPLY AND REDUCING THE COST OF WORKFORCE HOUSING.
    Expenses $501,922 · grants $498,722

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
46-5433447
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2014
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$486,871
Income (IRS master file)
$412,189

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$412,189$585,805$486,871XML
990September 2024$435,705$90,834$660,480XML
990September 2023$279,453$99,733$315,550IRS
990-EZSeptember 2022–––IRS
990-EZSeptember 2021–––IRS
990-EZSeptember 2020–––IRS
990-EZSeptember 2019–––IRS
990-EZSeptember 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 46-5433447).

Questions about RAVENNA ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of RAVENNA ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of RAVENNA ECONOMIC DEVELOPMENT CORPORATION is 46-5433447.
Is RAVENNA ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2014.
Are donations to RAVENNA ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RAVENNA ECONOMIC DEVELOPMENT CORPORATION 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 RAVENNA ECONOMIC DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RAVENNA ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of RAVENNA ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2025 names RODNEY POKORSKI.
Who are the officers and directors of RAVENNA ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $50,400 (ZACHARY WEST, EXECUTIVE DI).
How much revenue does RAVENNA ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $412,189, expenses of $585,805 and total assets of $486,871 at year end.

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