Cozad Development Corporation FY2023 filing

Not tax-deductible

Cozad, NE501(c)(4)Since 1973 EIN 47-0642009Revenue $491K in FY2023

On file with the IRSPo Box 252, 69130-0252 · Cozad, NETax-exempt since Jun 1982

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Foster Business Development in Cozad, NE

501(c)(4) social-welfare organization; gifts are not tax-deductible as charitable contributions.
48¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $335K a year · 39% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
48%
of spending
Concern: 48% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
20 mo
of spending, in cash
Looks good: 20.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.8M
36% of total assets
Looks good: liabilities are 36% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$491K
+12% vs prior year
Spent
$259K
To programs
48%
Net assets
$3.2M
By yearFY2020–FY2025
Revenue
$491K
FY2023▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$2.1M
FY2022$440K
FY2023$491K
FY2024$521K
FY2025$555K
Expenses
$259K
FY2023▼ -23%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.2M
FY2021$598K
FY2022$337K
FY2023$259K
FY2024$404K
FY2025$337K
Net assets
$3.2M
FY2023▼ -10%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.2M
FY2021$2.7M
FY2022$3.6M
FY2023$3.2M
FY2024$3.3M
FY2025$3.4M

From the FY2023 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1982.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

48 cents of each dollar spent went to programs.

Program services 48% · $125K Management & general 34% · $89K Fundraising 17% · $44K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Secretary-Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Cozad Development Corporation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes business growth and development within Cozad, Nebraska.

Questions for Cozad Development Corporation

Tap to ask. Cozad Development Corporation sees how many people are interested.

Your first name shows with your question. Cozad Development Corporation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $125K · in their own filed words · FY2023
01

Fostering Industrial Development in Cozad, NE. Helping Existing Businesses in Cozad, NE and the Area

$125Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$1K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$491K
Ln 12
Gifts and grantsLn 1h$421K
Fees for servicesLn 2g$43K
Investment incomeLn 3$27K
Money outPt IX
$259K
Ln 25
Programscol B$125K
Managementcol C$89K
Fundraisingcol D$44K
Owns and owesPt X
$3.2M
net assets · Ln 32
Cash and savingsLn 1–2$433K
Total assetsLn 16$5.0M
LiabilitiesLn 26$1.8M
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$421K
Government grantsLn 1e$76K
Fees for servicesLn 2g$43K
Investment incomeLn 3$27K
Gains on assetsLn 7$0
Total revenueLn 12$491K
Assets in detailPt X, end of year
CashLn 1$44K
SavingsLn 2$390K
Cash and savings togetherLn 1–2$433K
Land, buildings, equipmentLn 10c$4.4M
Total assetsLn 16$5.0M
LiabilitiesLn 26$1.8M
Net assetsLn 32$3.2M
OperationsPt I, VI
EmployeesI 52
VolunteersI 616
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$704K$433K
Land, buildings, equipmentLn 10c$3.5M$4.4M
Total assetsLn 16$4.5M$5.0M
LiabilitiesLn 26$889K$1.8M
Net assetsLn 32$3.6M$3.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$4K$4K
Pay of disqualified personsLn 6$156K$39K$78K$39K
Other salaries and wagesLn 7$0$0$0$0
Payroll taxesLn 10$22K$5K$11K$5K
Legal feesLn 11b$6K$6K$0$0
Accounting feesLn 11c$938$938$0$0
Advertising and promotionLn 12$5K$5K$0$0
Office expensesLn 13$8K$8K$0$0
Information technologyLn 14$955$955$0$0
TravelLn 17$4K$4K$0$0
Conferences, conventions and meetingsLn 19$6K$6K$0$0
InterestLn 20$19K$19K$0$0
InsuranceLn 23$4K$4K$0$0
Other expenses (24a–d)Ln 24$23K$23K$0$0
Total functional expensesLn 25$259K$125K$89K$44K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $555K$337K$219K$3.4M 990 PDF
FY2024 $521K$404K$117K$3.3M 990 PDF
FY2023 Viewing $491K$259K$232K$3.2M 990 PDF
FY2022 $440K$337K$103K$3.6M 990 PDF
FY2021 $2.1M$598K$1.5M$2.7M 990 PDF
FY2020 $1.1M$1.2M−$156K$1.2M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $491,004 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $371,715$420,995
I-9 Program service revenuePrior year $51,691$42,709
I-10 Investment incomePrior year $16,389$27,300
I-11 Other revenue$0
I-12 Total revenuePrior year $439,795$491,004
I-13 Grants and similar amounts paid$4,500
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $157,626$177,740
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $179,029$76,458
I-18 Total expensesPrior year $336,655$258,698
I-19 Revenue less expensesPrior year $103,140$232,306
Part VI · Governance 15 of 15 board members independent, 4 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $491,004 across 8 lines filed
VIII-1b Membership dues$25,200
VIII-1e Government grants$76,242
VIII-1f All other contributions, gifts and grants$319,553
VIII-1h Total contributions, gifts and grants$420,995
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$42,709
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $5,673$27,300
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $64,336 · Unrelated business $0 · Excluded from tax $5,673$491,004
Part IX · Statement of functional expenses $258,698 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $4,500$4,500
IX-6 Pay of disqualified personsPrograms $39,014 · Management $78,028 · Fundraising $39,014$156,056
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $5,421 · Management $10,842 · Fundraising $5,421$21,684
IX-11b Legal feesPrograms $6,457 · Management $0 · Fundraising $0$6,457
IX-11c Accounting feesPrograms $938 · Management $0 · Fundraising $0$938
IX-12 Advertising and promotionPrograms $5,414 · Management $0 · Fundraising $0$5,414
IX-13 Office expensesPrograms $8,454 · Management $0 · Fundraising $0$8,454
IX-14 Information technologyPrograms $955 · Management $0 · Fundraising $0$955
IX-17 TravelPrograms $3,575 · Management $0 · Fundraising $0$3,575
IX-19 Conferences, conventions and meetingsPrograms $5,557 · Management $0 · Fundraising $0$5,557
IX-20 InterestPrograms $18,996 · Management $0 · Fundraising $0$18,996
IX-23 InsurancePrograms $3,564 · Management $0 · Fundraising $0$3,564
IX-24 Other expenses (24a–d)Programs $22,548 · Management $0 · Fundraising $0$22,548
IX-25 Total functional expensesPrograms $125,393 · Management $88,870 · Fundraising $44,435$258,698
Part X · Balance sheet $5,040,413 assets, 8 lines filed
Asset lines not itemized here account for $245,010; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $70,312$43,813
X-2 Savings and temporary cash investmentsStart of year $633,964$389,609
X-10c Land, buildings and equipment, netStart of year $3,463,046$4,361,981
X-16 Total assetsStart of year $4,472,778$5,040,413
X-24 Unsecured notes and loans payableStart of year $888,871$1,812,561
X-26 Total liabilitiesStart of year $888,871$1,812,561
X-32 Total net assets or fund balancesStart of year $3,583,907$3,227,852
X-33 Total liabilities and net assetsStart of year $4,472,778$5,040,413
Part XI · Reconciliation of net assets $3,227,852 net assets at year end
XI-1 Total revenue$491,004
XI-2 Total expenses$258,698
XI-3 Revenue less expenses$232,306
XI-4 Net assets at start of year$3,583,907
XI-9 Other changes in net assets−$356,055
XI-10 Net assets at end of year$3,227,852

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.