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Nebraska · Nonprofit

INDUSTRY DEVELOPMENT FUND

INDUSTRY DEVELOPMENT FUND (Nebraska) receives grants from 1 organization whose IRS filings report $7,863,057 to it, the largest being DAIRY PROMOTION INC ($7,863,057). 1 of them have funded it in more than one year.

Revenue FY2025
$1.6M
Funders on record
1
Grants received
$7.9M
Net assets
$3.4M
1/1 repeat funderspeak grant-dependency 89%
01What it does

What Industry Development Fund does

Mission

To promote the mechanical contracting industry.

As stated on its FY2025 Form 990.

Program

  1. The services and activities provided by the Industry Development Fund include conventions, labor relations, public relations, membership meetings and program committee meetings.

    $623,638 spent
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $623,638.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.

100 = 20202020 Revenue 100 ($1.0M) Expenses 100 ($644k) Net assets 100 ($2.0M)2021 Revenue 109 ($1.1M) Expenses 193 ($1.2M) Net assets 95 ($1.8M)2022 Revenue 115 ($1.2M) Expenses 136 ($873k) Net assets 105 ($2.0M)2023 Revenue 139 ($1.4M) Expenses 147 ($948k) Net assets 128 ($2.5M)2024 Revenue 141 ($1.4M) Expenses 154 ($993k) Net assets 151 ($2.9M)2025 Revenue 153 ($1.6M) Expenses 172 ($1.1M) Net assets 175 ($3.4M)
202020212022202320242025
Revenue (153)Expenses (172)Net assets (175)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $3.2M to $3.8M (+20%).

$2.1M
$2.0M
$2.4M
$2.9M
$3.2M
$3.8M
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.

$378k
’20
−$135k
’21
$306k
’22
$468k
’23
$442k
’24
$459k
’25
26
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Kelsey Johnson

Executive director

As listed on its FY2025 Form 990.

202020212022202320242025
Listed101010101010
Joined·+0+0+1+1+0
No longer listed·00110
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income rose $815k → $925k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
$7.9M
funders
1
1
1
1
1
1
1
1
1

From the IRS filings of INDUSTRY DEVELOPMENT FUND’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

INDUSTRY DEVELOPMENT FUND draws 100% of its grant income from funders outside Nebraska, across 1 state in all.

KS

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Nebraska out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like INDUSTRY DEVELOPMENT FUND

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Nebraska

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

56% of spending goes to programs.

Program 56%Management 44%Fundraising 0%

Governance

9
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 1 related entity

  • Mechanical Contractors Association of Omaha Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for INDUSTRY DEVELOPMENT FUND: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds INDUSTRY DEVELOPMENT FUND?
INDUSTRY DEVELOPMENT FUND (Nebraska) receives grants from 1 organization whose IRS filings report $7,863,057 to it, the largest being DAIRY PROMOTION INC ($7,863,057). 1 of them have funded it in more than one year.
How many funders does INDUSTRY DEVELOPMENT FUND have?
IRS filings report 1 organization giving $7,863,057 in grants to INDUSTRY DEVELOPMENT FUND, 1 of which have funded it in more than one year.
Who is the largest funder of INDUSTRY DEVELOPMENT FUND?
DAIRY PROMOTION INC is the largest funder on record, with $7,863,057 in grants. The full list of funders is on this page.
How can an organization like INDUSTRY DEVELOPMENT FUND find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Nebraska. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Industry Development →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing