Public Charity

INDUSTRY DEVELOPMENT FUND

Based in OMAHA, NE, INDUSTRY DEVELOPMENT FUND operates as a Public Charity. The organization reported $1.6M in revenue, $1.1M in expenses, $3.8M in total assets for fiscal year 2025. Imperigo tracks 8 reported grant relationships connected to this organization totaling approximately $6.9M.

EIN: 237315360 OMAHA, NE Latest filing: 2025
Total Revenue$1.6M
Total Expenses$1.1M
Total Assets$3.8M
Grant Records8
Funding Total$6.9M
Filing Years2020–2025

Mission

TO PROMOTE THE MECHANICAL CONTRACTING INDUSTRY.

Where $100 goes at Industry Development Fund

How Industry Development Fund divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$55 Programs the work itself
$45 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 $55 for programs

$55
The services and activities provided by the Industry Development Fund include conventions, labor relations, public relations, membership meetings and program committee meetings
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Alex Jambor
TRUSTEE Brian Prince
TRUSTEE Chad Westphalen
TRUSTEE Dennis Eden
TRUSTEE Jeff Barnes
TRUSTEE John Hillebrandt

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$6,892,980 8 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.6M $1.1M $3.8M
2024 $1.4M $993K $3.2M
2023 $1.4M $948K $2.9M
2022 $1.2M $873K $2.4M
2020 $1.0M $644K $2.1M

Between 2020 and 2025, reported annual revenue grew from $1.0M to $1.6M (+53%), with total assets most recently reported at $3.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for INDUSTRY DEVELOPMENT FUND

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