Civic Intelligence

Nebraska Enterprise Fund

990 • Fiscal year 2016 • EIN 31-1543695

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 10, 2016

Organization ProfileWWW.NEBBIZ.ORG

View Organization Page

330 N Oakland AvenueOakland, NE 68045

(402) 685-5500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.47x

Higher debt load relative to assets than 73% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

91st percentile

3.25x

Higher debt load relative to revenue than 91% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

92nd percentile

49%

Higher net margin than 92% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

42nd percentile

$103,714

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 7.8% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

87th percentile

26%

Faster asset growth than 87% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

78th percentile

19%

Faster revenue growth than 78% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$9,107,202

Up $1,861,752 (+26%) from 2015

Net Assets

Up

$4,796,766

Up $653,583 (+16%) from 2015

Liabilities

Up

$4,310,436

Up $1,208,169 (+39%) from 2015

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin92nd percentile

Revenue

Up

$1,325,629

Up $208,926 (+19%) from 2015

Expenses

Up

$672,046

Up $62,902 (+10%) from 2015

Net Income

Up

$653,583

Up $146,024 (+29%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2011: $4,480,026Liabilities 2011: $1,484,408Net Assets 2011: $2,995,6182011Assets 2012: $5,306,086Liabilities 2012: $2,330,809Net Assets 2012: $2,975,2772012Assets 2014: $6,487,368Liabilities 2014: $2,851,744Net Assets 2014: $3,635,6242014Assets 2015: $7,245,450Liabilities 2015: $3,102,267Net Assets 2015: $4,143,1832015Assets 2016: $9,107,202Liabilities 2016: $4,310,436Net Assets 2016: $4,796,7662016Assets 2017: $11,262,856Liabilities 2017: $5,580,832Net Assets 2017: $5,682,0242017Assets 2019: $13,651,328Liabilities 2019: $7,524,744Net Assets 2019: $6,126,5842019Assets 2020: $13,366,664Liabilities 2020: $7,085,834Net Assets 2020: $6,280,8302020Assets 2021: $28,286,506Liabilities 2021: $20,311,545Net Assets 2021: $7,974,9612021Assets 2022: $18,320,846Liabilities 2022: $7,894,137Net Assets 2022: $10,426,7092022Assets 2025: $34,186,396Liabilities 2025: $16,254,775Net Assets 2025: $17,931,6212025

Highlighted filing

2016

Assets$9,107,202
Liabilities$4,310,436
Net Assets$4,796,766
Open 2016 Filing

Operations Trend

Revenue Growth78th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0Expenses 2011: $766,2872011Expenses 2012: $455,1002012Revenue 2014: $822,401Expenses 2014: $716,482Net Income 2014: $105,9192014Revenue 2015: $1,116,703Expenses 2015: $609,144Net Income 2015: $507,5592015Revenue 2016: $1,325,629Expenses 2016: $672,046Net Income 2016: $653,5832016Revenue 2017: $2,265,099Expenses 2017: $1,379,841Net Income 2017: $885,2582017Revenue 2019: $1,914,819Expenses 2019: $1,870,144Net Income 2019: $44,6752019Revenue 2020: $2,411,401Expenses 2020: $2,257,155Net Income 2020: $154,2462020Revenue 2021: $6,191,049Expenses 2021: $4,496,918Net Income 2021: $1,694,1312021Revenue 2022: $5,303,898Expenses 2022: $2,807,150Net Income 2022: $2,496,7482022Revenue 2025: $3,627,726Expenses 2025: $3,588,174Net Income 2025: $39,5522025

Highlighted filing

2016

Revenue$1,325,629
Expenses$672,046
Net Income$653,583
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 10, 2016
Return Version
2015v2.1
Gross Receipts
$1,325,629
Mission and Program Overview

Mission

The nebraska enterprise fund envisions a vibrant small business eco-system where every small and micro business has the opportunity to start, grow and prosper. The nebraska enterprise fund supports underserved communities by providing micro and small businesses with access to training, technical assistance, and capital.

The nebraska enterprise fund envisions a vibrant nebraska where small and micro-businesses have opportunities to excel. The nebraska enterprise fund supports micro and small businesses by providing capital, training, and technical assistance

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$5,430,489$6,629,891▲ $1,199,402
Cash and Non-Interest-Bearing Accounts$685,454$1,221,863▲ $536,409
Savings and Temporary Cash Investments$390,671$243,760▼ $146,911
Pledges and Grants Receivable$40,849$212,419▲ $171,570
Receivables From Officers Etc-$136,459-
Land, Buildings, and Equipment, Net$8,730$8,205▼ $525
Accounts Receivable-$1,570-
Total Assets$7,245,450$9,107,202▲ $1,861,752
Other Assets Total$689,257$653,035▼ $36,222
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,073,160$4,277,618▲ $1,204,458
Accounts Payable and Accrued Expenses$29,107$32,818▲ $3,711
Total Liabilities$3,102,267$4,310,436▲ $1,208,169
Net Assets / Fund Balance
Unrestricted Net Assets$3,285,576$3,674,669▲ $389,093
Temporarily Rstr Net Assets$857,607$1,122,097▲ $264,490
Total Net Assets Fund Balance$4,143,183$4,796,766▲ $653,583
Total Liabilities and Net Assets / Fund Balance$7,245,450$9,107,202▲ $1,861,752

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,205$14,593$22,798
Other Assets Org$10,728--
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James ReiffExecutive DirectorFT$85,827$17,887$103,714

Board Members and Trustees

NameTitle
Dave BehleChair
Andrew WilliamsVice Chair
Jennifer WolfVice Chairperson
Dan MaukDirector
Joe HodgesDirector
Julene SchoenDirector
Kendall ScheerDirector
Sandra BarreraDirector
Julie BaumanSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$971,481
Program Service Revenue
$354,148
Investment Income
$0
Other Revenue
$0
All Other Contributions
$576,928
Change in Net Assets
$653,583

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,325,629
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,325,629
Total Revenue per Form 990
$1,325,629
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$378,458
Salaries, Compensation, and Employee Benefits$293,588
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$137,960$11,238-$149,198
Current Officers, Directors, Trustees, and Key Employees$64,370$21,457-$85,827
Fees for Services Other$63,747--$63,747
Interest$62,366--$62,366
Other Employee Benefits$35,764$5,822-$41,586
All Other Expenses$20,369$2,877-$23,246
Payroll Taxes$14,600$2,377-$16,977
Fees for Services Accounting$11,516$5,250-$16,766
Fees for Services Legal$11,515$5,250-$16,765
Occupancy$10,606$1,414-$12,020
Travel$9,852--$9,852
Other Expenses$5,929$600-$5,929
Insurance$4,436--$4,436
Depreciation Depletion$3,557--$3,557
Advertising$2,908--$2,908
Conferences and Meetings$1,001$334-$1,335
Office Expenses$667$176-$843
Total Functional Expenses$614,880$57,166$0$672,046

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$672,046
Total Expenses per Audited Statements$672,046
Total Expenses per Form 990$672,046
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$136,459-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“An electronic copy will be sent to the board treasurer for review and comment. It will then be shared with the full board at a following meeting.”

Form 990, Part VI, Section B, Line 12C

“This is done through regular board review and monitoring, as well as segregation of duties.”

Form 990, Part VI, Section B, Line 15

“Compensation to the ed has historically been on the lower side of the range for comparable organizations in other states. As part of the process for selecting a new ed, management prepared a summary document that reviewed pay scales for executives in private banking (ne bankers association survey), ne economic developers salary survey and opportunity finance networks survey of cdfis across the country. This information was very helpful in establishing a proposed salary for the new ed. This survey covers multiple levels of staff in cdfis so has benefit for comparing the other nef staff in the future as well. Nefs compensation continues to be below the 25th percentile for like cdfis.”

Form 990, Part VI, Section C, Line 18

“The 990 is on file at the oakland office and is available for review by any interested parties. A copy is also provided to funders when requested as part of applications or reports. A copy of the 990 is also available on guidestar.”

Form 990, Part VI, Section C, Line 19

“These documents are available upon request from staff at the oakland office. They are also provided to funders upon request.”

Filing and Contact Details

Filer

Filer Name
Nebraska Enterprise Fund
EIN
31-1543695
Phone
4026855500
Address
330 N OAKLAND AVENUE, OAKLAND, NE 68045

Signing Officer

Name
James Reiff
Title
Executive Director
Phone
4026855500
Signed
2016-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James a Reiff
Formed
1997
Legal Domicile
Ne
Voting Board Members
9
Independent Board Members
8
Employees
4
Volunteers
0

Preparer

Firm
Hayes & Associates LLC
Address
1015 NORTH 98TH STREET SUITE 200, OMAHA, NE 68114
Preparer
Brad Yoder
Phone
4023902480
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from federal income taxes under section 501(c)(3) of the internal revenue code, except on net income derived from unrelated business activities. The organization does not have any income that is subject to tax on unrelated business income. The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.”

Raw XML AppendixShowing 400 of 450 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherEmployeeBenefitsGrp/TotalAmt041586
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1MILEAGE
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3GRANT DISBURSEMENTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0371
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1600
IRS990/OtherExpensesGrp/ProgramServicesAmt0136409
IRS990/OtherExpensesGrp/ProgramServicesAmt19662
IRS990/OtherExpensesGrp/ProgramServicesAmt27646
IRS990/OtherExpensesGrp/ProgramServicesAmt35929
IRS990/OtherExpensesGrp/TotalAmt0136409
IRS990/OtherExpensesGrp/TotalAmt110033
IRS990/OtherExpensesGrp/TotalAmt28246
IRS990/OtherExpensesGrp/TotalAmt35929
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt011238
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0137960
IRS990/OtherSalariesAndWagesGrp/TotalAmt0149198
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt05430489
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt06629891
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02377
IRS990/PayrollTaxesGrp/ProgramServicesAmt014600
IRS990/PayrollTaxesGrp/TotalAmt016977
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt040849
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0212419
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JAMES A REIFF
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0354148
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0354148
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0859756
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0319786
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0256947
IRS990/PYRevenuesLessExpensesAmt0507559
IRS990/PYSalariesCompEmpBnftPaidAmt0289358
IRS990/PYTotalExpensesAmt0609144
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01116703
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0136459
IRS990/ReconcilationRevenueExpnssAmt0653583
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0354148
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0390671
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0243760
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0971481
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0859756
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0620145
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0815561
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0317598
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03584541
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0354148
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0256947
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0184197
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0163301
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt033367
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0991960
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.73040
IRS990ScheduleA/PublicSupportPY170Pct00.84100
IRS990ScheduleA/PublicSupportTotal170Amt03342601
IRS990ScheduleA/SubstantialContributorsTotAmt0241940
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0971481
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0859756
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0620145
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0815561
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0317598
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03584541
IRS990ScheduleA/TotalSupportAmt04576501
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt08205
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014593
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt022798
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0672046
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0411017
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1231290
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt210728
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PLEDGED CDS AS SECURITY FOR GAURANTEES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1LOAN LOSS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2COLLATERAL
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01325629
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE ORGANIZATION DOES NOT HAVE ANY INCOME THAT IS SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08205
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0653035
IRS990ScheduleD/TotalExpensesPerForm990Amt0672046
IRS990ScheduleD/TotalRevenuePerForm990Amt01325629
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01325629
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0672046
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0136459
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0JOE HODGES CO-OWNER OF LIONS GATE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0LOAN THROUGH ORGANIZATION'S PROGRAM
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0148310
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt0136459
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AN ELECTRONIC COPY WILL BE SENT TO THE BOARD TREASURER FOR REVIEW AND COMMENT. IT WILL THEN BE SHARED WITH THE FULL BOARD AT A FOLLOWING MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THIS IS DONE THROUGH REGULAR BOARD REVIEW AND MONITORING, AS WELL AS SEGREGATION OF DUTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION TO THE ED HAS HISTORICALLY BEEN ON THE LOWER SIDE OF THE RANGE FOR COMPARABLE ORGANIZATIONS IN OTHER STATES. AS PART OF THE PROCESS FOR SELECTING A NEW ED, MANAGEMENT PREPARED A SUMMARY DOCUMENT THAT REVIEWED PAY SCALES FOR EXECUTIVES IN PRIVATE BANKING (NE BANKERS ASSOCIATION SURVEY), NE ECONOMIC DEVELOPERS SALARY SURVEY AND OPPORTUNITY FINANCE NETWORKS SURVEY OF CDFIS ACROSS THE COUNTRY. THIS INFORMATION WAS VERY HELPFUL IN ESTABLISHING A PROPOSED SALARY FOR THE NEW ED. THIS SURVEY COVERS MULTIPLE LEVELS OF STAFF IN CDFIS SO HAS BENEFIT FOR COMPARING THE OTHER NEF STAFF IN THE FUTURE AS WELL. NEFS COMPENSATION CONTINUES TO BE BELOW THE 25TH PERCENTILE FOR LIKE CDFIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS ON FILE AT THE OAKLAND OFFICE AND IS AVAILABLE FOR REVIEW BY ANY INTERESTED PARTIES. A COPY IS ALSO PROVIDED TO FUNDERS WHEN REQUESTED AS PART OF APPLICATIONS OR REPORTS. A COPY OF THE 990 IS ALSO AVAILABLE ON GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THESE DOCUMENTS ARE AVAILABLE UPON REQUEST FROM STAFF AT THE OAKLAND OFFICE. THEY ARE ALSO PROVIDED TO FUNDERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0857607
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01122097
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt07245450
IRS990/TotalAssetsEOYAmt09107202
IRS990/TotalAssetsGrp/BOYAmt07245450
IRS990/TotalAssetsGrp/EOYAmt09107202
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0971481
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt057166
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0614880
IRS990/TotalFunctionalExpensesGrp/TotalAmt0672046
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03102267
IRS990/TotalLiabilitiesEOYAmt04310436
IRS990/TotalLiabilitiesGrp/BOYAmt03102267
IRS990/TotalLiabilitiesGrp/EOYAmt04310436
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04143183
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04796766
IRS990/TotalOtherCompensationAmt017887
IRS990/TotalProgramServiceExpensesAmt0614880
IRS990/TotalProgramServiceRevenueAmt0354148
IRS990/TotalReportableCompFromOrgAmt085827
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0354148

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,107,202
Liabilities
$4,310,436
Net assets
$4,796,766
Revenue
$1,325,629
Expenses
$672,046
Net income
$653,583
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.2$16.3$17.9$3.63$3.59$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.3$7.89$10.4$5.30$2.81$2.50
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.3$20.3$7.97$6.19$4.50$1.69
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.4$7.09$6.28$2.41$2.26$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.7$7.52$6.13$1.91$1.87$0.04
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.3$5.58$5.68$2.27$1.38$0.89
2016Detailed filing. Detailed filing data is available for this year.$9.11$4.31$4.80$1.33$0.67$0.65
2015Detailed filing. Detailed filing data is available for this year.$7.25$3.10$4.14$1.12$0.61$0.51
2014Detailed filing. Detailed filing data is available for this year.$6.49$2.85$3.64$0.82$0.72$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.31$2.33$2.98$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.48$1.48$3.00$0.77