Box Butte Development Corporation

Not tax-deductible

Alliance, NE501(c)(4)EIN 47-0711216

Economic development

9¢ of each $1 spent went to programs.
Run by 60 volunteers and 3 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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 5
filings with a surplus
Average surplus $253K a year · 66% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
9%
of spending
Concern: 9% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
131 mo
of spending, in cash
Looks good: 130.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$248K
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$146K
-85% vs prior year
Spent
$135K
To programs
9%
Net assets
$1.5M
By yearFY2021–FY2025
Revenue
$146K
FY2025▼ -85%
Revenue by fiscal year
FY2021$269K
FY2022$129K
FY2023$432K
FY2024$945K
FY2025$146K
Expenses
$135K
FY2025▲ +16%
Expenses by fiscal year
FY2021$177K
FY2022$112K
FY2023$116K
FY2024$117K
FY2025$135K
Net assets
$1.5M
FY2025▲ +0.7%
Net assets by fiscal year
FY2021$366K
FY2022$384K
FY2023$707K
FY2024$1.5M
FY2025$1.5M

From the FY2025 Form 990 (year ending September 2025) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1989.

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

Where the money goes

9 cents of each dollar spent went to programs.

Program services 9% · $12K Management & general 91% · $123K

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

Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Chelsie Herian$24,875$64,750$58,650$51,700
Hannah Robinson$37,580———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 economic growth and housing development in rural communities.

Provided by the organization

This section is blank until Box Butte Development Corporation claims this page.

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1 program service, described in the organization's own filed words · FY2024.
01

C4K grant provides for administration hosting of the child care initiative 2028. Rural housing grant administration expense 7299.

Pt IX · col B

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By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$146K
Ln 12
Gifts and grantsLn 1h$118K
Investment incomeLn 3$28K
Other incomeLn 4–11$900
Money outPt IX
$135K
Ln 25
Programscol B$12K
Managementcol C$123K
Owns and owesPt X
$1.5M
net assets · Ln 32
Cash and savingsLn 1–2$1.5M
Total assetsLn 16$1.8M
LiabilitiesLn 26$248K
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$118K
Government grantsLn 1e$104K
Investment incomeLn 3$28K
Other incomeLn 4–11$900
Total revenueLn 12$146K
Assets in detailPt X, end of year
CashLn 1$99K
SavingsLn 2$1.4M
Cash and savings togetherLn 1–2$1.5M
Land, buildings, equipmentLn 10c$234K
Total assetsLn 16$1.8M
LiabilitiesLn 26$248K
Net assetsLn 32$1.5M
OperationsPt I, VI
EmployeesI 53
VolunteersI 660
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.5M$1.5M
Land, buildings, equipmentLn 10c$234K$234K
Total assetsLn 16$1.8M$1.8M
LiabilitiesLn 26$246K$248K
Net assetsLn 32$1.5M$1.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$5K$5K
Pay of current officers, directors and key staffLn 5$70K$70K
Other salaries and wagesLn 7$8K$8K
Other employee benefitsLn 9$6K$6K
Payroll taxesLn 10$7K$7K
Accounting feesLn 11c$3K$3K
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$2K$2K
OccupancyLn 16$9K$9K
TravelLn 17$2K$2K
Conferences, conventions and meetingsLn 19$1K$1K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$13K$7K$6K
All other expensesLn 24e$99$99
Total functional expensesLn 25$135K$12K$123K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $146K$135K$11K$1.5M 990 PDF
FY2024 $945K$117K$828K$1.5M 990 PDF
FY2023 $432K$116K$316K$707K 990 PDF
FY2022 $129K$112K$17K$384K 990 PDF
FY2021 $269K$177K$91K$366K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $146,222 across 7 lines filed
VIII-1b Membership dues$12,100
VIII-1e Government grants$104,250
VIII-1f All other contributions, gifts and grants$1,445
VIII-1h Total contributions, gifts and grants$117,795
VIII-3 Investment incomeRelated to mission $27,527$27,527
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $900$900
VIII-12 Total revenueRelated to mission $28,427$146,222
Part IX · Statement of functional expenses $135,019 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $5,028$5,028
IX-5 Pay of current officers, directors and key staffManagement $69,824$69,824
IX-7 Other salaries and wagesManagement $7,817$7,817
IX-9 Other employee benefitsManagement $6,350$6,350
IX-10 Payroll taxesManagement $7,223$7,223
IX-11c Accounting feesManagement $3,233$3,233
IX-12 Advertising and promotionManagement $3,790$3,790
IX-13 Office expensesManagement $1,993$1,993
IX-16 OccupancyManagement $8,953$8,953
IX-17 TravelManagement $2,130$2,130
IX-19 Conferences, conventions and meetingsManagement $1,011$1,011
IX-23 InsuranceManagement $4,220$4,220
IX-24 Other expenses (24a–d)Programs $7,299 · Management $6,049$13,348
IX-24e All other expensesManagement $99$99
IX-25 Total functional expensesPrograms $12,327 · Management $122,692 · Fundraising $0$135,019
Part X · Balance sheet $1,794,726 assets, 11 lines filed
Asset lines not itemized here account for $90,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $236,329$99,305
X-2 Savings and temporary cash investmentsStart of year $1,310,083$1,371,125
X-10c Land, buildings and equipment, netStart of year $234,296$234,296
X-16 Total assetsStart of year $1,781,108$1,794,726
X-24 Unsecured notes and loans payableStart of year $245,705$245,705
X-25 Other liabilitiesStart of year $357$2,772
X-26 Total liabilitiesStart of year $246,062$248,477
X-27 Net assets without donor restrictionsStart of year $417,046$435,548
X-28 Net assets with donor restrictionsStart of year $1,118,000$1,110,701
X-32 Total net assets or fund balancesStart of year $1,535,046$1,546,249
X-33 Total liabilities and net assetsStart of year $1,781,108$1,794,726
Part XI · Reconciliation of net assets $1,546,249 net assets at year end
XI-1 Total revenue$146,222
XI-2 Total expenses$135,019
XI-3 Revenue less expenses$11,203
XI-4 Net assets at start of year$1,535,046
XI-10 Net assets at end of year$1,546,249

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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