Nonprofit · EIN 47-6028912
GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · GRAND ISLAND, NE 68801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,505,375 | $631,030 | $874,345 | $12,079,474 | $3,445,827 | $8,633,647 |
| December 31, 2023 | 990 | $714,218 | $514,317 | $199,901 | $8,953,551 | $1,194,249 | $7,759,302 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $986,598
- Membership dues
- $122,700
- Program service revenue
- $93,784
- Investment income
- $164,480
- Net income from sales of inventory
- $260,513
- Other revenue
- $260,513
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $160,811
- Other salaries and wages
- $95,265
- Salaries, compensation and benefits (total)
- $284,255
- Professional fundraising fees
- $0
- Legal fees
- $32,163
- Accounting fees
- $16,320
- Occupancy
- $25,111
- Depreciation
- $948
Balance sheet and other
- Total assets, start of year
- $8,953,551
- Total assets, end of year
- $12,079,474
- Total liabilities, end of year
- $3,445,827
- Net assets, end of year
- $8,633,647
- Net assets without donor restrictions
- $8,633,647
- Gross unrelated business income
- $93,784
- Gross receipts
- $1,656,362
- Employees
- 3
- Year formed
- 1957
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARY BERLIE | PRESIDENT Officer | 40 | $160,811 |
| WILL ARMSTRONG | TRUSTEE Trustee or director | – | $0 |
| JERRY HEIDELK | CHAIRMAN Trustee or director, Officer | – | $0 |
| JACK HENRY | VICE-CHAIRMA Trustee or director, Officer | – | $0 |
| JASON HORNADY | TRUSTEE Trustee or director | – | $0 |
| BRUCE LUX | SECRETARY/TR Trustee or director, Officer | – | $0 |
| KRISTEN MASER | TRUSTEE Trustee or director | – | $0 |
| RAY O'CONNER | TRUSTEE Trustee or director | – | $0 |
| DAVE OSTDIEK | TRUSTEE Trustee or director | – | $0 |
| KYLE OVERTURF | TRUSTEE Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARY BERLIE | PRESIDENT Officer | 40 | $170,549 | $7,433 |
| WILL ARMSTRONG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JERRY HEIDELK | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| JACK HENRY | VICE-CHAIRMA Trustee or director, Officer | 1 | $0 | $0 |
| JASON HORNADY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRUCE LUX | SECRETARY/TR Trustee or director, Officer | 1 | $0 | $0 |
| KRISTEN MASER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RAY O'CONNER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVE OSTDIEK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KYLE OVERTURF | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 123 N LOCUST ST, GRAND ISLAND, NE 68801-6107
- Principal officer (990 for 2024)
- MARY BERLIE, PO BOX 1151, GRAND ISLAND, NE 68802
- Signed the 990
- MARY BERLIE, PRESIDENT
- Phone
- (308) 381-7500
- Website
- WWW.GRANDISLAND.ORG
- Return prepared by
- DANA F COLE & COMPANY LLP
Mission
TO FURTHER GENERAL BUSINESS INTEREST.
Program accomplishments
- RECRUITING OF POTENTIAL INDUSTRIAL ENTITIES AND AIDING IN THE EXPANSION OF EXISTING INDUSTRIAL COMPANIES.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-6028912
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1957
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $12,079,474
- Income (IRS master file)
- $1,656,362
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,505,375 | $631,030 | $12,079,474 | XML |
| 990 | December 2023 | $714,218 | $514,317 | $8,953,551 | XML |
| 990 | December 2022 | $636,587 | $628,914 | $8,783,454 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 47-6028912).
Questions about GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION is 47-6028912.
- Is GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1957.
- Are donations to GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GRAND ISLAND AREA 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 GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names MARY BERLIE.
- Who are the officers and directors of GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $160,811 (MARY BERLIE, PRESIDENT).
- How much revenue does GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,505,375, expenses of $631,030 and total assets of $12,079,474 at year end.
Other nonprofits in GRAND ISLAND
- GOODWILL INDUSTRIES OF GREATER NEBRASKA INC EIN 47-0522836 · last filed 990 for 2025
- NEBRASKA STATE BOARD OF AGRICULTURE EIN 47-0385981 · last filed 990 for 2025
- HALL COUNTY LIVESTOCK IMPROVEMENT ASSN INC EIN 47-0399395 · last filed 990 for 2025
- HEARTLAND HEALTH CENTER INC EIN 27-1700281 · last filed 990 for 2025
- TABITHA GRAND ISLAND INC EIN 84-3824792 · last filed 990 for 2025
- MID-PLAINS CENTER FOR BEHAVORIAL HEALTHCARE SERVICES INC EIN 39-1901298 · last filed 990 for 2025
- GREATER GRAND ISLAND COMMUNITY FOUNDATION EIN 47-6032570 · last filed 990 for 2025
- CENTER FOR INDEPENDENT LIVING OF CENTRAL NEBRASKA EIN 47-0770006 · last filed 990 for 2024