Omaha 100 Incorporated
- Assets
- $34.1m
- Revenue
- $770.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 08/1995
- Data as of
- 12/2022
- EIN
- 36-3752051
Organization Overview
Omaha 100 Incorporated is located in Omaha, NE. The organization was established in 1995. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Omaha 100 Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Omaha 100 Incorporated generated $770.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $814.6k during the year ending 12/2022. While expenses have increased by 11.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HOME OWNERSHIP OPPORTUNITIES THROUGH PUBLIC AND PRIVATE PARTNERSHIPS, FINANCING, AND TECHNICAL ASSISTANCE ENABLING LOW AND MODERATE INCOME BORROWERS TO OWN THEIR OWN HOME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL ACTIVITIES ARE IN CONNECTION WITH THE GOAL OF CREATING 100 LOANS PER YEAR OF AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME INDIVIDUALS IN OMAHA, NEBRASKA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Rieker Vice President | OfficerTrustee | 2 | $0 |
Mathew Brown Treasurer | OfficerTrustee | 2 | $0 |
Nate Deboer Board: Chair | OfficerTrustee | 2 | $0 |
Bernest White Officer | Trustee | 2 | $0 |
Candice Price Officer | Trustee | 2 | $0 |
Teresa Hunter Officer | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $115,930 |
| All other contributions, gifts, grants, and similar amounts not included above | $75,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $190,930 |
| Total Program Service Revenue | $576,703 |
| Investment income | $16,411 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$14,089 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $769,955 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $93,477 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $405,411 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $204,798 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,321 |
| Advertising and promotion | $0 |
| Office expenses | $3,353 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,394 |
| Travel | $30,380 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,484 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,041 |
| Insurance | $5,601 |
| All other expenses | $0 |
| Total functional expenses | $814,600 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,196 |
| Savings and temporary cash investments | $718,621 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $228,853 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $361,699 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $142,630 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $32,645,601 |
| Total assets | $34,135,600 |
| Accounts payable and accrued expenses | $81,409 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,600 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $180,896 |
| Other liabilities | $31,575,828 |
| Total liabilities | $31,839,733 |
| Net assets without donor restrictions | $1,509,386 |
| Net assets with donor restrictions | $786,481 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $34,135,600 |