Civic Intelligence

Nebraska Enterprise Fund

990 • Fiscal year 2017 • EIN 31-1543695

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 11, 2018

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

72nd percentile

0.50x

Higher debt load relative to assets than 72% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

89th percentile

2.46x

Higher debt load relative to revenue than 89% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

88th percentile

39%

Higher net margin than 88% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

26th percentile

$111,473

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

86th percentile

24%

Faster asset growth than 86% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

91st percentile

71%

Faster revenue growth than 91% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$11,262,856

Up $2,155,654 (+24%) from 2016

Net Assets

Up

$5,682,024

Up $885,258 (+18%) from 2016

Liabilities

Up

$5,580,832

Up $1,270,396 (+29%) from 2016

Revenue

Up

$2,265,099

Up $939,470 (+71%) from 2016

Expenses

Up

$1,379,841

Up $707,795 (+105%) from 2016

Net Income

Up

$885,258

Up $231,675 (+35%) from 2016

Historical Trend

Balance Sheet Trend

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

2017

Assets$11,262,856
Liabilities$5,580,832
Net Assets$5,682,024

Operations Trend

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

2017

Revenue$2,265,099
Expenses$1,379,841
Net Income$885,258
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 11, 2018
Return Version
2016v3.0
Gross Receipts
$2,265,099
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 supports nebraska micro and small businesses by providing capital, training, and technical assistance. The nebraska enterprise fund envisions a vibrant nebraska where small and micro-businesses have opportunities to excel.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$6,629,891$7,888,693▲ $1,258,802
Cash and Non-Interest-Bearing Accounts$1,221,863$2,089,072▲ $867,209
Savings and Temporary Cash Investments$243,760$447,654▲ $203,894
Pledges and Grants Receivable$212,419$200,949▼ $11,470
Receivables From Officers Etc$136,459$136,459→ $0
Land, Buildings, and Equipment, Net$8,205$4,509▼ $3,696
Accounts Receivable$1,570$1,385▼ $185
Total Assets$9,107,202$11,262,856▲ $2,155,654
Other Assets Total$653,035$494,135▼ $158,900
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,277,618$5,560,260▲ $1,282,642
Accounts Payable and Accrued Expenses$32,818$20,572▼ $12,246
Total Liabilities$4,310,436$5,580,832▲ $1,270,396
Net Assets / Fund Balance
Unrestricted Net Assets$3,674,669$4,912,146▲ $1,237,477
Temporarily Rstr Net Assets$1,122,097$769,878▼ $352,219
Total Net Assets Fund Balance$4,796,766$5,682,024▲ $885,258
Total Liabilities and Net Assets / Fund Balance$9,107,202$11,262,856▲ $2,155,654

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,509$17,905$22,414
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James ReiffExecutive DirectorFT$91,523$19,950$111,473

Board Members and Trustees

NameTitle
Andrew WilliamsBoard Chair
Dan MaukVice Chair
Joe HodgesDirector
Kendall ScheerDirector
Mary WilsonDirector
Melissa GarciaDirector
Nancy WilliamsDirector
Sandra BarreraDirector
Julene SchoenSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,751,432
Program Service Revenue
$53,233
Investment Income
$460,434
Other Revenue
$0
All Other Contributions
$559,507
Change in Net Assets
$885,258

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,265,099
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,265,099
Total Revenue per Form 990
$2,265,099
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$989,528
Salaries, Compensation, and Employee Benefits$368,698
Grants and Similar Amounts Paid$21,615
Total Fundraising Expense$12,541
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$160,648$38,734-$199,382
Interest$96,659--$96,659
Current Officers, Directors, Trustees, and Key Employees$65,745$21,915$7,260$94,920
Fees for Services Other$66,292$1,558$3,450$71,300
Other Employee Benefits$39,612$10,606$1,267$51,485
All Other Expenses$30,046$4,480-$34,526
Payroll Taxes$17,627$4,720$564$22,911
Grants to Domestic Orgs$21,615--$21,615
Occupancy$13,738$1,275-$15,013
Other Expenses$11,199$2,991-$11,199
Insurance$8,821--$8,821
Travel$7,392--$7,392
Advertising$4,090--$4,090
Depreciation Depletion$3,692--$3,692
Office Expenses$3,155$242-$3,397
Conferences and Meetings-$191-$191
Total Functional Expenses$1,280,588$86,712$12,541$1,379,841

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,379,841
Total Expenses per Audited Statements$1,379,841
Total Expenses per Form 990$1,379,841
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Grow NebraskaOmaha, NE501c3To Support the Growth of Small Businesses Through Provision of Training and Equipment.$17,453
ReapLyons, NE501c3To Support the Growth of Small Businesses Through Provision of Training and Equipment.$4,162
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$136,459→ $0
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 11B

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. Interactions are also monitored if an instance of a potential conflict of interest arises, which is taken to the executive committee for review.

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
2018-01-11
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
6
Volunteers
16

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. For the year ended june 30, 2017, the organization had no tax liability on unrelated business activity. 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. The organization's federal returns of organization exempt from income tax (form 990) for june 30, 2016, 2015 and 2014 are subject to examination by the irs, generally for three years after they were filed.

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IRS990/OfficeExpensesGrp/TotalAmt03397
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0653035
IRS990/OtherAssetsTotalGrp/EOYAmt0494135
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01267
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010606
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt039612
IRS990/OtherEmployeeBenefitsGrp/TotalAmt051485
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1MILEAGE
IRS990/OtherExpensesGrp/Desc2LOAN EXPENSE
IRS990/OtherExpensesGrp/Desc3TRAINING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02991
IRS990/OtherExpensesGrp/ProgramServicesAmt0700560
IRS990/OtherExpensesGrp/ProgramServicesAmt116656
IRS990/OtherExpensesGrp/ProgramServicesAmt213041
IRS990/OtherExpensesGrp/ProgramServicesAmt311199
IRS990/OtherExpensesGrp/TotalAmt0700560
IRS990/OtherExpensesGrp/TotalAmt119647
IRS990/OtherExpensesGrp/TotalAmt213041
IRS990/OtherExpensesGrp/TotalAmt311199
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt038734
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0160648
IRS990/OtherSalariesAndWagesGrp/TotalAmt0199382
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt06629891
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt07888693
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0564
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04720
IRS990/PayrollTaxesGrp/ProgramServicesAmt017627
IRS990/PayrollTaxesGrp/TotalAmt022911
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0212419
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0200949
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JAMES A REIFF
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/Desc0LOAN FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt053233
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt053233
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0971481
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0378458
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0354148
IRS990/PYRevenuesLessExpensesAmt0653583
IRS990/PYSalariesCompEmpBnftPaidAmt0293588
IRS990/PYTotalExpensesAmt0672046
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01325629
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0136459
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0136459
IRS990/ReconcilationRevenueExpnssAmt0885258
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0508626
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0243760
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0447654
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01743417
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0971481
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0859756
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0620145
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0815561
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05010360
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0521682
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0354148
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0256947
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0184197
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0163301
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01480275
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.70520
IRS990ScheduleA/PublicSupportPY170Pct00.73040
IRS990ScheduleA/PublicSupportTotal170Amt04577486
IRS990ScheduleA/SubstantialContributorsTotAmt0432874
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01743417
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0971481
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0859756
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0620145
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0815561
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05010360
IRS990ScheduleA/TotalSupportAmt06490635
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/BookValueAmt04509
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017905
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt022414
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01379841
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02265099
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. FOR THE YEAR ENDED JUNE 30, 2017, THE ORGANIZATION HAD NO TAX LIABILITY ON UNRELATED BUSINESS ACTIVITY. 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. THE ORGANIZATION'S FEDERAL RETURNS OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR JUNE 30, 2016, 2015 AND 2014 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04509
IRS990ScheduleD/TotalExpensesPerForm990Amt01379841
IRS990ScheduleD/TotalRevenuePerForm990Amt02265099
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02265099
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01379841
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt04162
IRS990ScheduleI/RecipientTable/CashGrantAmt117453
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT THE GROWTH OF SMALL BUSINESSES THROUGH PROVISION OF TRAINING AND EQUIPMENT.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO SUPPORT THE GROWTH OF SMALL BUSINESSES THROUGH PROVISION OF TRAINING AND EQUIPMENT.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0REAP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1GROW NEBRASKA
IRS990ScheduleI/RecipientTable/RecipientEIN0470764457
IRS990ScheduleI/RecipientTable/RecipientEIN1470553823
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0145 MAIN STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1341 G COURT
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LYONS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1OMAHA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NE
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd068038
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd168127
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleI/TotalOtherOrgCnt02
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. INTERACTIONS ARE ALSO MONITORED IF AN INSTANCE OF A POTENTIAL CONFLICT OF INTEREST ARISES, WHICH IS TAKEN TO THE EXECUTIVE COMMITTEE FOR REVIEW.
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 11B
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/BOYAmt01122097
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0769878
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt09107202
IRS990/TotalAssetsEOYAmt011262856
IRS990/TotalAssetsGrp/BOYAmt09107202
IRS990/TotalAssetsGrp/EOYAmt011262856
IRS990/TotalCompGreaterThan150KInd00

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