CSCharityScored
33

Hastings Economic Development Corporation

Other · Hastings, Nebraska

Po Box 1104, Hastings, NE 68902-1104

EIN: 470551577· Founded: Mar 1975· 51 years active· Filing Year: 2023

Annual Revenue

$230K

Total Expenses

$718K

Total Assets

$7.7M

Program Spending

6%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$162K

22.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$61K

Total Payroll

$223K

31% of total expenses

Where the Money Goes

6%
Programs: 6%
Payroll: 31%
Other overhead: 94%
Program Revenue$43K (19%)
Total Expenses$718K (100%)
Payroll$223K (31%)
Overhead (non-program)94%

Trust Score Breakdown

Program Spending Ratio

6% of expenses go to programs

40%

Revenue & Stability

$230K annual revenue

15%

Executive Compensation

$162K total officer comp (22.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$7.7M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.