SARPY COUNTY ECONOMIC DEVELOPMENT CORP

EIN: 510173179

OMAHA, NE

Total Revenue
$382,333
Total Expenses
$363,811
Total Assets
$623,298
Net Assets
$623,298
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
NE
Principal Officer
DEVIN MEISINGER
Phone
4023465000
Tax Period
2024-01-01 to 2024-12-31

SARPY COUNTY ECONOMIC DEVELOPMENT CORP, founded in 1956, is a small nonprofit that reported $382K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $364K left a modest 5% surplus.

Mission

Assist with business development

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $321,864
Program Service Revenue $50,917
Investment Income $9,552
Other Revenue $0
TOTAL REVENUE $382,333

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $363,811
Other Expenses $363,811
TOTAL EXPENSES $363,811

Year-over-Year Comparison

2024 2023 Change
Revenue $382,333 $472,531 -0.2%
Expenses $363,811 $427,483 -0.1%
Net Income $18,522 $45,048 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEVIN MEISINGER PRESIDENT 1.00
Officer
$0 $0 $0
ERIC ROUMPH VICE PRESIDENT 1.00
Officer
$0 $0 $0
DUSTIN SNYDER TREASUER 1.00
Officer
$0 $0 $0
SUE LOBSIGER SECRETARY 1.00
Officer
$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 No data No data No data No data
2024 $382,333 $363,811 $623,298 $18,522
2023 $472,531 $427,483 $604,776 $45,048
2022 $400,099 $348,709 $559,728 $51,390
2021 $426,657 $333,651 $508,338 $93,006
2020 $709,045 $767,828 $415,332 $-58,783
2019 $309,121 $364,998 $474,115 $-55,877
2018 $416,513 $367,607 $529,992 $48,906
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