Nonprofit · EIN 48-1207971
LINCOLN COUNTY ECONOMIC DEVELOPMENT FOUNDATION
Tax-exempt · LINCOLN, KS 67455
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $402,821 | $205,757 | $197,064 | $904,293 | $471 | $903,822 |
| December 31, 2024 | 990 | $178,014 | $219,858 | -$41,844 | $763,684 | $57,556 | $706,128 |
| December 31, 2023 | 990 | $223,067 | $247,438 | -$24,371 | $818,512 | $70,540 | $747,972 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $364,380
- of which government grants
- $226,710
- Program service revenue
- $22,344
- Investment income
- $5,097
- Net rental income
- $11,000
- Other revenue
- $11,000
Expenses
- Grants and similar amounts paid
- $30,750
- Compensation of officers, directors and key employees
- $72,049
- Other salaries and wages
- $42,201
- Salaries, compensation and benefits (total)
- $122,517
- Professional fundraising fees
- $0
- Accounting fees
- $1,720
- Occupancy
- $2,558
- Travel
- $2,201
- Depreciation
- $305
- Program services (functional)
- $166,147
- Management and general (functional)
- $39,610
Balance sheet and other
- Total assets, start of year
- $763,684
- Total assets, end of year
- $904,293
- Total liabilities, end of year
- $471
- Net assets, end of year
- $903,822
- Land, buildings and equipment
- $143,216
- Net assets without donor restrictions
- $511,709
- Net assets with donor restrictions
- $392,113
- Gross receipts
- $402,821
- Employees
- 2
- Volunteers
- 5
- Year formed
- 1998
- State of legal domicile
- KS
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THATCHER BROWN | SECRETARY Officer | – | $0 |
| TIM MEIER | PRESIDENT & Officer | – | $0 |
| CRAIG STERTZ | VICE PRESIDE Officer | – | $0 |
| JESSICA THORNHILL | TREASURER Officer | – | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| KELLY GOURLEY | Director | 45 | $63,304 | $0 |
| KRIS HEINZE | SECRETARY | 24 | $22,032 | $14,688 |
| TIM MEIER | President & CEO Trustee or director | 5 | $0 | $0 |
| CRAIG STERTZ | Vice President Trustee or director | 5 | $0 | $0 |
| JESSICA THORNHILL | Treasurer Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KELLY GOURLEY | Director | 45 | $61,163 |
| TIM MEIER | President & CEO Trustee or director | 5 | $0 |
| CRAIG STERTZ | Vice President Trustee or director | 5 | $0 |
| BARB RATHBUN | Secretary Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 216 E LINCOLN AVE, LINCOLN, KS 67455-2058
- In care of
- % STANLEY WALKER
- Principal officer (990 for 2025)
- TIM MEIER
- Signed the 990
- TIM MEIER, PRESIDENT & CEO
- Phone
- (785) 524-8954
- Website
- WWW.LIVELINCOLNCOUNTY.COM
- Return prepared by
- GOHEEN & SLAVIK CPAS LLC
Mission
TO ENCOURAGE AND SUPPORT ECONOMIC DEVELOPMENT IN LINCOLN COUNTY, KS
Program accomplishments
- PERCENTAGE ALLOCATION OF GENERAL EXPENSESExpenses $5,401
- ADMINISTER SEED AND PLACEMAKING GRANT PROCESSES AND WORKExpenses $38,020
- OTHER PROGRAM SERVICES
- OTHER PROGRAM SERVICESExpenses $122,726 · grants $30,750
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 | 990 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
- 48-1207971
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $904,293
- Income (IRS master file)
- $402,821
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $402,821 | $205,757 | $904,293 | XML |
| 990 | December 2024 | $178,014 | $219,858 | $763,684 | IRS |
| 990 | December 2023 | $223,067 | $247,438 | $818,512 | XML |
| 990 | December 2022 | $189,950 | $182,045 | $849,023 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 48-1207971).
Questions about LINCOLN COUNTY ECONOMIC DEVELOPMENT FOUNDATION
- What is the EIN of LINCOLN COUNTY ECONOMIC DEVELOPMENT FOUNDATION?
- The employer identification number (EIN) of LINCOLN COUNTY ECONOMIC DEVELOPMENT FOUNDATION is 48-1207971.
- Is LINCOLN COUNTY ECONOMIC DEVELOPMENT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to LINCOLN COUNTY ECONOMIC DEVELOPMENT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LINCOLN COUNTY ECONOMIC DEVELOPMENT FOUNDATION 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 LINCOLN COUNTY ECONOMIC DEVELOPMENT FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LINCOLN COUNTY ECONOMIC DEVELOPMENT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LINCOLN COUNTY ECONOMIC DEVELOPMENT FOUNDATION?
- The 990 for the year ended December 31, 2025 names TIM MEIER.
- Who are the officers and directors of LINCOLN COUNTY ECONOMIC DEVELOPMENT FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does LINCOLN COUNTY ECONOMIC DEVELOPMENT FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $402,821, expenses of $205,757 and total assets of $904,293 at year end.
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- LINCOLN CHAMBER OF COMMERCE EIN 48-0585876 · last filed 990-N for 2025
- VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF KANSAS EIN 48-0671155 · last filed 990 for 2024
- LINCOLN SENIOR CENTER INC EIN 48-0893382 · last filed 990-EZ for 2024
- BUD FINCH MEMORIAL COMMUNITY THEATER FOUNDATION EIN 48-1156984 · last filed 990-EZ for 2024
- USD 298 EDUCATION FOUNDATION EIN 48-1195323 · last filed 990-EZ for 2024
- LINCOLN ARTS & HUMANITIES FOUNDATION EIN 48-1123378 · last filed 990-N for 2025
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All nonprofits in LINCOLN · Kansas · Community improvement and capacity building