Foodbank For The Heartland
- Assets
- $35.3m
- Revenue
- $54.4m
- Investments
- $0.0
- Employees
- 93
- Location
- Omaha, NE
- Founding
- 08/1983
- Data as of
- 06/2023
- EIN
- 47-0637701
Organization Overview
Foodbank For The Heartland is located in Omaha, NE. The organization was established in 1983. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2023, Foodbank For The Heartland employed 93 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foodbank For The Heartland 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 06/2023, Foodbank For The Heartland generated $54.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $45.1m during the year ending 06/2023. While expenses have increased by 7.6% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ELIMINATE HUNGER IN THE HEARTLAND BY ENSURING CONSISTENT ACCESS TO HEALTHY FOODS THROUGH COMMUNITY PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD BANK FOR THE HEARTLAND, INC. IS A NONPROFIT ORGANIZATION THAT IS SUPPORTED PRIMARILY BY DONOR CONTRIBUTIONS OF FOOD AND MONEY. THE ORGANIZATION COLLECTS OR PURCHASES SURPLUS OR SALVAGEABLE FOOD AND REDISTRIBUTES IT TO AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Werner Chair | OfficerTrustee | 1 | $0 |
Daniel Applegarth Board Member | Trustee | 1 | $0 |
Eric Arneson Board Member | Trustee | 1 | $0 |
Ellie Barko Board Member | Trustee | 1 | $0 |
Jill Bazzell-Stenstrom Board Member | Trustee | 1 | $0 |
Susan Violi Board Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rkd Group Direct Mail Marketing Services | 6/29/23 | $527,024 |
Hdr Architecture Inc Architecture And Engineering | 6/29/23 | $274,543 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $35,180,785 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,064,791 |
| Noncash contributions included in lines 1a–1f | $30,009,683 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,245,576 |
| Total Program Service Revenue | $24,132 |
| Investment income | $252,419 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $258,065 |
| Net Gain/Loss on Asset Sales | $11,577 |
| Net Income from Fundraising Events | $597,666 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $54,394,898 |
| 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. | $385,646 |
| Compensation of current officers, directors, key employees. | $34,708 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,176,198 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $836,598 |
| Payroll taxes | $326,732 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,244 |
| Fees for services: Other | $547,357 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,269 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $85,077 |
| Interest | $235,290 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $530,225 |
| Insurance | $164,351 |
| All other expenses | $2,538,672 |
| Total functional expenses | $45,055,523 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,523,207 |
| Savings and temporary cash investments | $408,231 |
| Pledges and grants receivable | $2,772,829 |
| Accounts receivable, net | $1,856,743 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,802,621 |
| Prepaid expenses and deferred charges | $181,609 |
| Net Land, buildings, and equipment | $15,575,145 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $2,837,608 |
| Intangible assets | $0 |
| Other assets | $363,793 |
| Total assets | $35,321,786 |
| Accounts payable and accrued expenses | $1,631,171 |
| 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 | $0 |
| Secured mortgages and notes payable | $7,130,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $155,115 |
| Total liabilities | $8,916,286 |
| Net assets without donor restrictions | $24,464,875 |
| Net assets with donor restrictions | $1,940,625 |
| 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 | $35,321,786 |
Grants Awarded
Over the last fiscal year, Foodbank For The Heartland has awarded $98,910 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HEART MINISTRY PURPOSE: HUNGER COLLABORATIVE | $48,783 |
HEARTLAND HOPE MISSION PURPOSE: HUNGER COLLABORATIVE | $29,172 |
TOGETHER INC PURPOSE: HUNGER COLLABORATIVE | $20,955 |