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ALBION DEVELOPMENT CO INC

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Public IRS 990 nonprofit record

ALBION DEVELOPMENT CO INC

EIN 47-0536908 · Housing Development, Construction & Management (L20)

What they do

to PROVIDE HOUSING ASSISTANCE and ECONOMIC DEVELOPMENT IN THE ALBION NEBRASKA COMMUNITY. THE ALBION DEVELOPMENT CO INC OPERATES THE ALBION MANOR LLC, A LOW INCOME HOUSING DEVELOPMENT for SENIOR CITIZENS.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $96.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

97.23%of revenue went to mission work96.2% of expenses · Program services
$57.73spent for every $100 of revenueRevenue covered expenses this year.
$6.58in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$57,489
Mission workProgram services$55,89997.23% of revenue96.2% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$58,086101.04% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Money in and money out

Revenue$100,609
Expenses$58,086
Annual surplus $42,523 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$55,899 · 96.2% of expenses
See all reported dollar amounts
Revenue$100,609
Expenses$58,086
Assets$381,947
Income$100,609
Mission work (program services)$55,899
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (7)

ANDY ROBERTSVICE-PRESIDE

BROCK KUESTERDIRECTOR

JEFFREY C JARECKIPRESIDENT

JOHN MOELLERDIRECTOR

MICHELLE GRAGERTDIRECTOR

STEVEN RUZEKTREASURER

TONY LEVANDERDIRECTOR

About this charity

Recognized since
January 2003
Location
525 W STATE ST, ALBION, NE 68620-1349
County
Boone
In care of
% RICHARD MARTINSEN PC
Primary officer
JEFFREY C JARECKI, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
April 1, 2024
Return type
990EZ
Tax preparer
MUELLER & HONCIK PC
NTEE classification
Housing Development, Construction & Management (L20)
IRS tax category
Housing Development, Construction & Management

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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