Yates Fund
- Assets
- $6.3m
- Revenue
- $3.4m
- Investments
- $46.9k
- Employees
- 0
- Location
- Omaha, NE
- Founding
- Data as of
- 12/2022
- EIN
- 86-3766216
Organization Overview
Yates Fund is located in Omaha, NE. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yates Fund 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, Yates Fund generated $3.4m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $128.0k during the year ending 12/2022. 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 PRESERVE THE HISTORIC YATES ELEMENTARY BUILDING AS A SAFE AND VIBRANT FACILITY, HOUSING A COALITION OF NON-PROFIT TENANTS PROVIDING NEW AMERICANS AND NATIVE NEBRASKANS ALIKE OPPORTUNITIES TO WORK, PLAY CREATE, AND GROW TOGETHER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY ACTIVITY OF YATES FUND IS TO LEASE, RENOVATE AND MAINTAIN THE YATES ELEMENTARY SCHOOL BUILDING AS A HISTORIC BUILDING LOCATED AT 3260 DAVENPORT ST, OMAHA, NE, AND TO HOUSE NON-PROFIT TENANTS WHICH WORK TOGETHER TO PROVIDE SERVICES TO IMMIGRANTS AND OTHERS IN NEED IN THE GIFFORD PARK NEIGHBORHOOD AND SURROUNDING COMMUNITY OF OMAHA, NE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathryn A Weitz President | OfficerTrustee | 1 | $0 |
Carolyn Miller Vice President | OfficerTrustee | 1 | $0 |
Daniel M Padilla Treasurer | OfficerTrustee | 10 | $17,985 |
Amanda M Forker Secretary | OfficerTrustee | 1 | $0 |
Marie Helene Andre Executive Director | Trustee | 40 | $20,913 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,000,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,414,443 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,414,443 |
| Total Program Service Revenue | $0 |
| Investment income | $1,980 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,900 |
| 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 | $3,420,323 |
| 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 | $20,913 |
| Fees for services: Legal | $1,344 |
| Fees for services: Accounting | $4,171 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $18,254 |
| Office expenses | $76 |
| Information technology | $136 |
| Royalties | $0 |
| Occupancy | $25,637 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,295 |
| All other expenses | $0 |
| Total functional expenses | $128,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,716,310 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $4,505,443 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $46,948 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,268,701 |
| Accounts payable and accrued expenses | $7,186 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,186 |
| Net assets without donor restrictions | $6,261,515 |
| 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 | $6,268,701 |