Housing In Omaha Inc is located in Omaha, NE. The organization was established in 1979. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Housing In Omaha Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Housing In Omaha Inc generated $3.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $3.8m during the year ending 12/2021. 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
PROVIDE AFFORDABLE HOUSING TO LOW-INCOME PERSONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SAFE, SANITARY, AND AFFORDABLE HOUSING TO QUALIFYING FAMILY RESIDENTS AND TO EXPAND THE UNIT BASE AVAILABLE FOR SUCH PURPOSES PER HUD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Todd Engle Vice President | OfficerTrustee | 1 | $0 |
David Levy President | OfficerTrustee | 1 | $0 |
Joanie Poore Executive Director | Trustee | 1 | $0 |
Tony Veland Commissioner | Trustee | 1 | $0 |
Eric Johnson Commissioner | Trustee | 1 | $0 |
Matthew Cavanaugh Commissioner | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,479 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,479 |
Total Program Service Revenue | $956,682 |
Investment income | $60,198 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,511,220 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,936,471 |
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 | $573,920 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $165,927 |
Payroll taxes | $0 |
Fees for services: Management | $105,791 |
Fees for services: Legal | $5,884 |
Fees for services: Accounting | $29,890 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $16,656 |
Advertising and promotion | $952 |
Office expenses | $449,182 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $207,894 |
Travel | $357 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $350,850 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $569,988 |
Insurance | $158,848 |
All other expenses | $4,449 |
Total functional expenses | $3,751,534 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $679,830 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $56,328 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $4,765,947 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $6,975 |
Net Land, buildings, and equipment | $5,331,178 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $2,296,065 |
Intangible assets | $0 |
Other assets | $4,463,743 |
Total assets | $17,600,066 |
Accounts payable and accrued expenses | $4,187,007 |
Grants payable | $0 |
Deferred revenue | $41,599 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $10,455,937 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $4,705,732 |
Total liabilities | $19,390,275 |
Net assets without donor restrictions | -$1,790,209 |
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 | $0 |
Total liabilities and net assets/fund balances | $17,600,066 |
Organization Name | Assets | Revenue |
---|---|---|
Irc Ii Inc Omaha, NE | $77,092,812 | $15,244,348 |
Mercy Housing Wheaton Nfp Denver, CO | -$15,968,467 | $14,335,053 |
Center For The Developmentally Disabled Kansas City, MO | $14,632,501 | $18,017,450 |
Rocky Mountain Mutual Housing Association Inc Denver, CO | $89,135,511 | $15,318,775 |
Mercy Housing Northwest Denver, CO | $73,547,369 | $9,509,795 |
Reach For Your Potential Inc Iowa City, IA | $7,743,905 | $10,140,331 |
Ark Regional Services Inc Laramie, WY | $4,970,092 | $7,518,317 |
Community Housing Concepts Inc Denver, CO | $87,603,673 | $7,035,643 |
Region Xii Council Of Governments Inc Carroll, IA | $20,470,902 | $9,309,351 |
Community Resources & Housing Development Corporation Westminster, CO | $39,546,722 | $6,041,584 |
Elevation Community Land Trust Denver, CO | $49,445,560 | $8,122,320 |
Residences At Eaton Senior Communities Lakewood, CO | $12,361,716 | $4,288,663 |