Omaha Multi-Sport Complex
- Assets
- $38.8m
- Revenue
- $7.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 09/2012
- Data as of
- 12/2023
- EIN
- 45-5587726
Organization Overview
Omaha Multi-Sport Complex, operating under the name Nebraska Multisport Complex, is located in Omaha, NE. The organization was established in 2012. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska Multisport Complex 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 12/2023, Nebraska Multisport Complex generated $7.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PEOPLE OF ALL AGES WITH HIGH-QUALITY, YEAR-ROUND FACILITIES NEEDED TO PURSUE A HEALTHY LIFESTYLE AND COMPETITIVE GOALS, AS WELL AS HOST REGIONAL AND NATIONAL SPORTING EVENTS THAT WILL HAVE SIGNIFICANT AND RECURRING ECONOMIC IMPACT FOR THE METROPOLITAN AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DEVELOP, CONSTRUCT AND OPERATE A CHAMPIONSHIP ATHLETIC PARK FOR USE BY THE GREATER OMAHA AREA AND STATE OF NEBRASKA. THE NEBRASKA MULTISPORT COMPLEX (NMSC) CONSISTS OF INDOOR AND OUTDOOR FACILITIES, INCLUDING A NATATORIUM WITH FIVE BODIES OF WATER, A TENNIS CENTER WITH 6 INDOOR AND 6 OUTDOOR COURTS AND 1 DOUBLE AND 3 SINGLE SQUASH COURTS, A FIELDHOUSE WITH AN INDOOR SOCCER FIELD AND A SUPPORT CENTER FEATURING ADMINISTRATIVE OFFICES AND A SPORTS PERFORMANCE CENTER USED FOR ATHLETIC TRAINING, PHYSICAL THERAPY, REHAB THERAPY AND BIOMECHANICS. WITHIN THE NATATORIUM AND TENNIS CENTER THERE WILL BE 3,000 AND 800 PERMANENT SEATS, RESPECTIVELY. THE OUTDOOR FACILITIES WILL INCLUDE 12 REGULATION ARTIFICIAL TURF SOCCER FIELDS. THESE FIELDS WILL BE LIT FOR EVENING PLAY AND MULTI-LINED TO ACCOMMODATE SOCCER, LACROSSE AND FIELD HOCKEY. ADDITIONALLY, THERE WILL BE THREE SATELLITE BUILDINGS WITH RESTROOMS, CONCESSIONS, TOURNAMENT SERVICES SPACE AND PLAYGROUNDS. OTHER OUTDOOR FACILITIES WILL INCLUDE A COMPETITIVE 50M X 25YD X 8 LANE SWIMMING POOL (THE 2012 US OLYMPIC TRIALS POOL), AND A CHILDREN'S RECREATION POOL. THERE WILL BE MORE THAN 1,800 PARKING SPACES WITHIN THE ATHLETIC CAMPUS WITH AN ADDITIONAL 1,300 SPOTS AVAILABLE IN THE ADJACENT BUSINESS PARK FOR MAJOR EVENTS. AT THIS TIME, NMSC IS IN THE PROCESS OF RAISING THE FUNDS NECESSARY TO COMPLETE CONSTRUCTION OF THIS FACILITY.
THE NEBRASKA MULTISPORT COMPLEX WILL PROVIDE SPORTS SCIENCE, STRENGTH AND CONDITIONING, AND TRAINING SUPPORT FACILITIES THAT WILL ATTRACT TOP TEAMS AND ATHLETES FROM OUTSIDE THE AREA. THIS WILL EXPOSE LOCAL ATHLETES TO HIGHER LEVELS OF COMPETITION ON A REGULAR BASIS, RAISING THE BAR FOR LOCAL TEAMS AND ATHLETES. THE FACILITIES WILL ALSO SUPPORT AND ENHANCE ALL EXISTING METRO AREA PROGRAMS, INCLUDING RECREATIONAL, SCHOOL, COLLEGIATE AND CLUB PLAY.
NEBRASKA MULTISPORT COMPLEX WILL PROVIDE ACCESS, AMENITIES AND SUPPORT FOR SPECIAL NEEDS PROGRAMS. WE WILL PROVIDE EDUCATIONAL, TEACHING, FITNESS, TRAINING AND EVENT PROGRAMS FOR SPECIAL OLYMPICS, PARALYMPICS, WOUNDED WARRIORS AND ALL SPECIAL NEEDS POPULATIONS AND THE ORGANIZATIONS THAT SUPPORT THEM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Cassling Board Chair | OfficerTrustee | 10 | $0 |
Lisa Roskens Treasurer/secretary | OfficerTrustee | 5 | $0 |
Dean Hollis Member | Trustee | 2 | $0 |
Craig Scriven Member | Trustee | 20 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Je Dunn Construction | 12/30/23 | $4,003,288 |
Professional Sports Partners Professional Services | 12/30/23 | $232,356 |
Olsson Inc Construction | 12/30/23 | $135,030 |
Bridges Enterprises & Consulting Facility Management | 12/30/23 | $110,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,166,150 |
| All other contributions, gifts, grants, and similar amounts not included above | $733,873 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,900,023 |
| Total Program Service Revenue | $316,366 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,455 |
| 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 | $7,240,522 |
| 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 | $372,642 |
| Fees for services: Legal | $11,575 |
| Fees for services: Accounting | $3,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $361,258 |
| Advertising and promotion | $180 |
| Office expenses | $51,444 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $75,266 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $823,671 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $778,813 |
| Insurance | $58,675 |
| All other expenses | $0 |
| Total functional expenses | $2,625,681 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,076,902 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $194,536 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $35,151,430 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,350,800 |
| Total assets | $38,773,668 |
| Accounts payable and accrued expenses | $273,615 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $2,450,352 |
| Secured mortgages and notes payable | $10,513,003 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,236,970 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $25,536,698 |
| Total liabilities and net assets/fund balances | $38,773,668 |