Mission
TO ADVANCE, ENCOURAGE, PROMOTE AND STIMULATE THE GENERAL ECONOMIC, COMMERCIAL, EDUCATIONAL, SOCIAL, CIVIC AND GENERAL WELFARE AND PROSPERITY OF THE CITY OF HASTINGS, NEBRASKA, AND ITS SURROUNDING TERRITORY.
Public Charity
HASTINGS ECONOMIC DEVELOPMENT CORP
Based in HASTINGS, NE, HASTINGS ECONOMIC DEVELOPMENT CORP operates as a Public Charity. The organization reported $1.7M in revenue, $2.2M in expenses, $7.4M in total assets for fiscal year 2024. Imperigo tracks 5 reported grants from this foundation totaling approximately $1.3M.
EIN: 470551577
HASTINGS, NE
Latest filing: 2024
Total Revenue$1.7M
Total Expenses$2.2M
Total Assets$7.4M
Grants Given5
Grant Total$1.3M
Filing Years2019–2024
Where $100 goes at Hastings Economic Development Corp
How Hastings Economic Development Corp divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$96
Programs
the work itself
$4
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $96 for programs
$96
The promotion of industrial expansion and the procurement of new industry to the area, thereby creating new job opportunities and economic growth
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
HEARTWELL RENEWABLES LLC
TO PROVIDE ASSISTANCE IN SITE CONSTRUCTION THAT INCLUDES ELIGIBLE SITE AND BUILDING DEVELOPMENT FUND IMPROVEMENTS
$1,000,000
BRUCKMAN RUBBER CO
TO PROVIDE ASSISTANCE IN SITE CONSTRUCTION THAT INCLUDES ELIGIBLE SITE AND BUILDING DEVELOPMENT FUND IMPROVEMENTS
$109,738
GIFT TO HASTINGS CHAMBER OF COMMERCE FOR GIVE BACK GIFT CARD PROGRAM
$100,000
CAMPUS MANUFACTURING LAB, TO SUPPORT THE PATHWAYS PROGRAM INIATIVE TO RETAIN/TRAIN SKILLED LABOR FOR AREA MANUFACTURES.
$50,000
Showing up to 5 of 5 total records — full history available with membership.
Officers & Directors
PRESIDENT
Beth Coil
DIRECTOR
Bill Hitesman
DIRECTOR
Brian Bassett
DIRECTOR
Brian Price
DIRECTOR
Christopher Waddle
DIRECTOR
Chuck Newmann
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.7M | $2.2M | $7.4M |
| 2023 | $230K | $718K | $7.7M |
| 2022 | $-1.4M | $429K | $6.6M |
| 2020 | $759K | $490K | $7.9M |
| 2019 | $1.9M | $427K | $8.2M |
Between 2019 and 2024, reported annual revenue declined from $1.9M to $1.7M (-11%), with total assets most recently reported at $7.4M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in NE.
NE
Full geographic grant map with state-by-state breakdown available with membership.