Albion Economic Development

Community development organization based in Albion, NE.0 Exempt under §501(c)(6).

MissionORGANIZATION'S MISSION IS TO PROMOTE DEVELOPMENT IN THE ALBION TRADE AREA BY LOANING FUNDS OR FURNISHING SITES AND BUILDINGS FOR INDUSTRIES INTERESTED IN LOCATING IN ALBION AND ITS TRADE TERRITORY.

EIN
32-0108328
State
NE
Sector
Community development
Budget band
<$250K
Latest filing
TY 2024
Records
—

Financial snapshot · TY 2024

$151K
Total revenue
$142K
Total expenses
$2.3M
Net assets

Financial health · TY 2024

99
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
180.8 months of expenses
Program efficiency
99
89.6% spent on programs
Revenue diversity
98
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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Albion Economic Development Executive Compensation | 990 Data | DoubleNine