Mission
ORGANIZATION'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.
Public Charity
ALBION ECONOMIC DEVELOPMENT CORPORATION
ALBION ECONOMIC DEVELOPMENT CORPORATION, of ALBION, NE, is a Public Charity tracked in Imperigo's IRS 990 database. The 2026 filing shows $369K in revenue, $108K in expenses, $2.5M in total assets. 1 publicly reported grants to this organization, totaling roughly $50K, appear in IRS filings.
EIN: 320108328
ALBION, NE
Rural Economic Development
NTEE: S32
Latest filing: 2026
Total Revenue$369K
Total Expenses$108K
Total Assets$2.5M
Grant Records1
Funding Total$50K
Filing Years2022–2026
Where $100 goes at Albion Economic Development Corporation
How Albion Economic Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$91
Programs
the work itself
$9
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 $91 for programs
$91
The Albion Economic Development Corporation (aedc) is focused on economic and civic development in the Albion, ne area
Source: Form 990 filings with the IRS, latest fiscal year 2026. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
Housing Development
$50,000
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
VICE PRESIDE
Andy Roberts
DIRECTOR
Brock Kuester
PRESIDENT/DI
Jeffrey C Jarecki
DIRECTOR
John Moeller
DIRECTOR
Michelle Gragert
DIRECTOR
Samantha Kleveland
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2026 | $369K | $108K | $2.5M |
| 2025 | $151K | $142K | $2.3M |
| 2024 | $1.5M | $185K | $2.3M |
| 2023 | $403K | $181K | $809K |
| 2022 | $157K | $117K | $588K |
Between 2022 and 2026, reported annual revenue grew from $157K to $369K (+134%), with total assets most recently reported at $2.5M.
Interactive year-over-year charts and full filing details available with membership.