LINCOLN COUNTY ECONOMIC DEVELOPMENT CORPORATION Charity Report

Public IRS 990 nonprofit record

LINCOLN COUNTY ECONOMIC DEVELOPMENT CORPORATION

EIN 20-0274228 · Economic Development (S30)

What they do

Promote All County Opportunities; Continuing Updates and Development of County-wide Business Evaluation and Assessments; Attend Local/county Government Monthly Meetings; Promote New Industry Sectors; Visit Local Businesses; Welcoming and Facilitating Green Energy Sector Development. Virtual OEDIT and EDC Meetings. Office Work. Persons Benefited: 7,000.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

106.34%of revenue went to mission work100.0% of expenses · Program services

$106.34spent for every $100 of revenueSpending was higher than revenue this year.

$1.64in assets for every $1 spent this yearSome assets cannot be spent right away.

57.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $9,758 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $85,000 for TROY MCCUE (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$153,984

Mission workProgram services$163,742106.34% of revenue100.0% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$163,742106.34% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2025CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 106.34% of revenue

2024Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 76.66% of revenue

2023Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 82.36% of revenue

2022Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 86.97% of revenue

2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 87.15% of revenue

Money in and money out

Revenue$153,984

Expenses$163,742

Annual shortfall $9,758 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$163,742 · 100.0% of expenses

See all reported dollar amounts

Revenue$153,984

Expenses$163,742

Assets$268,708

Income$153,984

Contributions$88,644

Mission work (program services)$163,742

People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

TROY MCCUEEXECUTIVE DIRECTOR · 45 hrs/week $85,000

RAEJEAN PALKOSBDC ASSISTANT · 25 hrs/week $25,992

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

TROY MCCUEEXECUTIVE DIRECTOR

RAEJEAN PALKOSBDC ASSISTANT

LINDA HAWTHORNETREASURER

TREY FORDDIRECTOR

TIM ANDERSONDIRECTOR

TAYLOR HENDERSONDIRECTOR

STEVE BURGESSDIRECTOR

RON CHRISTENSENDIRECTOR

ROBBIN SCHINCKEDIRECTOR

RANDY YOUNGERSECRETARY

MARY KEYESDIRECTOR

BEN VANDERWERFDIRECTOR

JASON PARMERDIRECTOR

JAMES EMMERLINGDIRECTOR

GREG TACHADIRECTOR

DOUG RATZLAFFDIRECTOR

DONNA METCALFVICE PRESIDENT

DAVID CHURCHWELLPRESIDENT

DAVE WILLIAMSDIRECTOR

CHUCK KINKELDIRECTOR

BRAD WELPDIRECTOR

BRAD HARRDIRECTOR

About this charity

Recognized since: January 2006
Location: 790 Main Street P O Box 70, Limon, CO 80828
County: Lincoln
In care of: Linda Hawthorne
Primary officer: Linda Hawthorne, Treasurer

How to reach them

WebsiteVisit the charity’s website Phone(719) 775-9070 Officer phone(719) 760-9885

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990EZ
NTEE classification: Economic Development (S30)
IRS tax category: Economic Development