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 12/2021, Omaha 100 Incorporated generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $620.1k during the year ending 12/2021. While expenses have increased by 8.7% per year over the past 7 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
2021
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.
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Malinda Williams Executive Director | Officer | 45 | $70,000 |
Nate Deboer President | OfficerTrustee | 2 | $0 |
Jim Reiff Vice President | OfficerTrustee | 2 | $0 |
Doris Lawson Secretary | OfficerTrustee | 2 | $0 |
Ernest White Treasurer | OfficerTrustee | 2 | $0 |
Ronette Steffes Chief Financial Officer | Officer | 45 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $75,000 |
All other contributions, gifts, grants, and similar amounts not included above | $1,039,554 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,114,554 |
Total Program Service Revenue | $481,085 |
Investment income | $19,346 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$7,551 |
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 | $1,607,434 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $519,047 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,214 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $4,830 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $21,813 |
Travel | $339 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $11,812 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,560 |
Insurance | $3,532 |
All other expenses | $462 |
Total functional expenses | $620,114 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $117,805 |
Savings and temporary cash investments | $491,130 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $701,104 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $236,711 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $191,897 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $33,133,964 |
Total assets | $34,872,611 |
Accounts payable and accrued expenses | $2,757 |
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 | $675,895 |
Other liabilities | $31,851,847 |
Total liabilities | $32,532,099 |
Net assets without donor restrictions | $1,376,935 |
Net assets with donor restrictions | $963,577 |
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 | $34,872,611 |
Over the last fiscal year, we have identified 3 grants that Omaha 100 Incorporated has recieved totaling $358,767.
Awarding Organization | Amount |
---|---|
Sherwood Foundation Omaha, NE PURPOSE: MIDDLE INCOME WORKFORCE HOUSING | $294,334 |
United Way Of The Midlands Omaha, NE PURPOSE: DEI | $35,000 |
Union Pacific Foundation Omaha, NE PURPOSE: HOMELESSNESS PREVENTION AND SAFE SHELTER | $29,433 |
Organization Name | Assets | Revenue |
---|---|---|
Western Home Services Inc Cedar Falls, IA | $172,352,897 | $41,691,659 |
Ozark Tri-County Health Care Consortium Neosho, MO | $16,683,948 | $25,504,215 |
Holland Foundation Omaha, NE | $123,768,571 | $4,108,665 |
Neighbor To Neighbor Inc Fort Collins, CO | $13,618,294 | $17,160,662 |
Institute For Community Alliances Des Moines, IA | $2,443,302 | $12,133,028 |
Western Home Services Inc Cedar Falls, IA | $36,931,248 | $9,460,886 |
Tri-County Housing Inc Fowler, CO | $14,600,374 | $8,095,427 |
Justine Petersen Housing And Reinvestment Corporation Saint Louis, MO | $49,338,747 | $7,649,655 |
Elkhorn Valley Community Development Corporation Norfolk, NE | $12,960,627 | $4,413,796 |
Family Housing Advisory Services Inc Omaha, NE | $4,420,321 | $3,509,114 |
Habitat For Humanity International Inc Longmont, CO | $9,039,469 | $8,643,955 |
Habitat For Humanity International Inc Joplin, MO | $7,929,648 | $3,491,454 |