NORTHEAST ECONOMIC DEVELOPMENT INC (EIN 470841633) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

RICH JABLONSKI

Phone

4023791150

Tax Period

2024-07-01 to 2025-06-30

NORTHEAST ECONOMIC DEVELOPMENT INC, founded in 2000, is a community nonprofit in the Housing & Shelter sector that reported $1.0M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $552K, a strong 54% operating margin.

Mission

ADDRESS COMMUNITY AND ECONOMIC DEVELOPMENT OPPORTUNITIES IN NORTHEAST NEBRASKA, AND TO SEEK FUNDS, GRANTS, CONTRIBUTIONS AND ANY OTHER TYPE OF FUNDING TO ATTAIN THESE GOALS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $551,878

Program Service Revenue $403,296

Investment Income $59,635

Other Revenue $225

TOTAL REVENUE $1,015,034

Expense Breakdown

Grants Paid $36,883

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $312,106

Other Expenses $425,867

TOTAL EXPENSES $462,750

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,015,034	$1,088,618	-0.1%
Expenses	$462,750	$836,273	-0.4%
Net Income	$552,284	$252,345	+1.2%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KURT DOSTAL	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
SALLY GANEM	DIRECTOR	1.00	Director	$0	$0	$0
MANDY GEAR	EXECUTIVE DI	40.00	Director	$0	$0	$0
JIM HANS	DIRECTOR	1.00	Director	$0	$0	$0
RICH JABLONSKI	PRESIDENT	1.00	Officer Director	$0	$0	$0
LOREN KUCERA	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
ANDREA LARSON	DEPUTY DIREC	40.00	Director	$0	$0	$0
JIM MCCARVILLE	DIRECTOR	1.00	Director	$0	$0	$0
TOD WILLIAM VOSS MD	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,015,034	$462,750	$11,135,686	$552,284
2024	$1,088,618	$836,273	$10,390,305	$252,345
2023	$775,884	$351,152	$10,227,527	$424,732
2022	$1,587,221	$612,485	$9,868,632	$974,736
2021	$1,866,623	$996,077	$8,945,646	$870,546
2020	$2,155,430	$1,108,142	$8,158,211	$1,047,288
2019	$972,885	$596,178	$7,198,990	$376,707

NORTHEAST ECONOMIC DEVELOPMENT INC