Civic Intelligence

Nebraska Housing Developers Association

990 • Fiscal year 2019 • EIN 47-0798048

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 25, 2019

3883 Normal Blvd Suite 102Lincoln, NE 68506

(402) 435-0315

Siviq Scores

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

Liabilities / Assets

79th percentile

0.43x

Higher debt load relative to assets than 79% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

92nd percentile

2.53x

Higher debt load relative to revenue than 92% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

8th percentile

-35%

Higher net margin than 8% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

23rd percentile

-3.8%

Faster asset growth than 23% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

93rd percentile

93%

Faster revenue growth than 93% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$3,253,414

Down $129,313 (-3.8%) from 2018

Net Assets

Down

$1,853,683

Down $194,950 (-9.5%) from 2018

Liabilities

Up

$1,399,731

Up $65,637 (+4.9%) from 2018

Revenue

Up

$553,117

Up $266,234 (+93%) from 2018

Expenses

Up

$748,067

Up $259,061 (+53%) from 2018

Net Income

Up

-$194,950

Up $7,173 (+3.5%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $2,328,963Liabilities 2012: $77,231Net Assets 2012: $2,251,7322012Assets 2013: $2,457,552Liabilities 2013: $63,683Net Assets 2013: $2,393,8692013Assets 2014: $2,505,724Liabilities 2014: $52,737Net Assets 2014: $2,452,9872014Assets 2015: $2,113,855Liabilities 2015: $41,924Net Assets 2015: $2,071,9312015Assets 2016: $2,583,277Liabilities 2016: $38,896Net Assets 2016: $2,544,3812016Assets 2017: $2,815,741Liabilities 2017: $564,985Net Assets 2017: $2,250,7562017Assets 2018: $3,382,727Liabilities 2018: $1,334,094Net Assets 2018: $2,048,6332018Assets 2019: $3,253,414Liabilities 2019: $1,399,731Net Assets 2019: $1,853,6832019Assets 2020: $3,216,554Liabilities 2020: $1,431,942Net Assets 2020: $1,784,6122020Assets 2021: $3,407,102Liabilities 2021: $1,747,722Net Assets 2021: $1,659,3802021Assets 2022: $3,500,271Liabilities 2022: $1,815,968Net Assets 2022: $1,684,3032022Assets 2023: $3,639,342Liabilities 2023: $1,865,134Net Assets 2023: $1,774,2082023Assets 2024: $3,576,135Liabilities 2024: $1,834,488Net Assets 2024: $1,741,6472024Assets 2025: $3,480,813Liabilities 2025: $1,838,938Net Assets 2025: $1,641,8752025

Highlighted filing

2019

Assets$3,253,414
Liabilities$1,399,731
Net Assets$1,853,683

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2012: $331,550Expenses 2012: $402,149Net Income 2012: -$70,5992012Revenue 2013: $550,116Expenses 2013: $407,979Net Income 2013: $142,1372013Revenue 2014: $532,258Expenses 2014: $473,140Net Income 2014: $59,1182014Revenue 2015: $472,413Expenses 2015: $729,421Net Income 2015: -$257,0082015Revenue 2016: $874,856Expenses 2016: $402,406Net Income 2016: $472,4502016Revenue 2017: $252,187Expenses 2017: $545,812Net Income 2017: -$293,6252017Revenue 2018: $286,883Expenses 2018: $489,006Net Income 2018: -$202,1232018Revenue 2019: $553,117Expenses 2019: $748,067Net Income 2019: -$194,9502019Revenue 2020: $293,068Expenses 2020: $362,139Net Income 2020: -$69,0712020Revenue 2021: $653,975Expenses 2021: $723,207Net Income 2021: -$69,2322021Revenue 2022: $803,766Expenses 2022: $778,843Net Income 2022: $24,9232022Revenue 2023: $1,036,096Expenses 2023: $946,109Net Income 2023: $89,9872023Revenue 2024: $1,437,737Expenses 2024: $1,470,298Net Income 2024: -$32,5612024Revenue 2025: $1,371,517Expenses 2025: $1,351,366Net Income 2025: $20,1512025

Highlighted filing

2019

Revenue$553,117
Expenses$748,067
Net Income-$194,950
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 25, 2019
Return Version
2018v3.1
Gross Receipts
$556,272
Mission and Program Overview

Mission

To increase the availability of affordable housing in nebraska.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$2,311,027$2,823,035▲ $512,008
Pledges and Grants Receivable$814,193$223,000▼ $591,193
Cash and Non-Interest-Bearing Accounts$257,507$207,379▼ $50,128
Total Assets$3,382,727$3,253,414▼ $129,313
Liabilities
Other Liabilities$1,308,750$1,387,500▲ $78,750
Unsecured Notes Loans Payable$13,128--
Accounts Payable and Accrued Expenses$12,216$12,231▲ $15
Total Liabilities$1,334,094$1,399,731▲ $65,637
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,881,908$1,727,910▼ $153,998
Unrestricted Net Assets$166,725$125,773▼ $40,952
Total Net Assets Fund Balance$2,048,633$1,853,683▼ $194,950
Total Liabilities and Net Assets / Fund Balance$3,382,727$3,253,414▼ $129,313
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew CavanaughExecutive DiFT$64,458$3,601$68,059

Board Members and Trustees

NameTitle
Ann BurgeChairperson
David ProkselVice Chairpe
Amy ThelanderDirector
Kim ClarkDirector
Mike GawleyDirector
Rob WoodlingDirector
Sarah BronsDirector
Tina EngelbartDirector
Rita HorseSecretary
Brian AndersenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$312,645
Program Service Revenue
$211,355
Investment Income
$0
Other Revenue
$29,117
All Other Contributions
$272,645
Change in Net Assets
$-194,950

Audited Revenue Reconciliation

Revenue per Audited Statements
$553,117
Revenue Not Reported on Form 990
$3,155
Total Revenue per Audited Statements
$556,272
Total Revenue per Form 990
$553,117
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$601,031
Salaries, Compensation, and Employee Benefits$147,036
Total Fundraising Expense$32,721
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$141,548$8,113-$149,661
Current Officers, Directors, Trustees, and Key Employees$41,409$13,134$13,134$67,677
Other Salaries and Wages$32,531$10,843$10,844$54,218
Other Employee Benefits$8,881$4,970$949$14,800
Office Expenses$8,872$2,904$2,617$14,393
Payroll Taxes$5,251$1,750$1,750$8,751
Other Expenses$5,145$1,715-$6,860
Fees for Services Accounting-$6,375-$6,375
Occupancy$3,486$1,162$1,162$5,810
Travel$223$1,560$445$2,228
Insurance-$2,201-$2,201
Fees for Services Other-$514$1,452$1,966
Pension Plan Contributions$954$318$318$1,590
All Other Expenses$1,150$388$50$1,588
Interest-$130-$130
Total Functional Expenses$659,269$56,077$32,721$748,067

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$751,222
Expenses per Audited Statements$748,067
Total Expenses per Form 990$748,067
Expenses Not Reported on Form 990$3,155
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$26,512
Fundraising Direct Expenses$3,155
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$26,512$26,512-$26,512
Total Events$26,512$26,512$3,155$23,357
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unearned Revenue$1,387,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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, Page 6, Part VI, Line 6

The organization is established as an association of members. There are two types of membership available for affiliation with the organization, housing developers and housing partners. Housing developers must be 501(c)(3) or 501(c)(4) organizations operating in the state of nebraska that have as part of their mission to develop housing that is affordable to persons and/or households having low-to moderate income. Housing partners may be organizations, communities, businesses or individuals that support the development of affordable housing. Representation of each member is accomplished by one principal person representing the whole at organizational meetings.

Form 990, Page 6, Part VI, Line 7A

Paying members, both housing developers and housing partners, are considered in the aggregate as the general membership. The general membership elects annually the board of directors serving various, staggering terms. These directors represent the membership.

Form 990, Page 6, Part VI, Line 11B

The executive director and program manager oversee the process of the completion of form 990 after the annual audit is complete and provide specific review of the 990 before filing. Copies are provided to all board members.

Form 990, Page 6, Part VI, Line 12C

Each board member shall annually disclose, in writing, that they have received a copy of the conflicts of interest policy, have read and reviewed that policy, and they have agreed to comply with that policy. In the instance that a conflict may arise, a board member must identify organizations they are affiliated with and recuse themselves from the vote. The remaining board members will determine whether a conflict of interest exists.

Form 990, Page 6, Part VI, Line 15A

The compensation of the executive director shall be determined by the board of directors annually. The board of directors' decision is based upon the results of an annual evaluation of the executive director, which includes comparing to other state coalitions similar to the association using guidestar to review officer compensation on form 990, while also taking into account budget and available resources when determining compensation.

Form 990, Page 6, Part VI, Line 19

Certain governing documents, such as the organization's bylaws, are made available directly on the organization's own website. Any other governing document is made available by the organization's staff upon request.

Filing and Contact Details

Filer

Filer Name
Nebraska Housing Developers
EIN
47-0798048
Phone
4024350315
Address
3883 NORMAL BLVD SUITE 102, LINCOLN, NE 68506

Signing Officer

Name
Matthew Cavanaugh
Title
Executive Director
Phone
4024320592
Signed
2019-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Cavanaugh
Formed
1996
Legal Domicile
Ne
Voting Board Members
10
Independent Board Members
10
Employees
2
Volunteers
10

Preparer

Firm
Grafton & Associates Pc
Address
5935 S 56TH ST SUITE A, LINCOLN, NE 68516
Preparer
Joseph J Meduna
Phone
4024863600
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Direct fundraising expenses 3,155 direct fundraising expenses -3,155

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Direct fundraising expenses 3,155

Schedule D, Page 4, Part XII, Line 2D

Direct fundraising expenses 3,155

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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/OtherExpensesGrp/Desc3TRAINING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01715
IRS990/OtherExpensesGrp/ProgramServicesAmt0262000
IRS990/OtherExpensesGrp/ProgramServicesAmt1127819
IRS990/OtherExpensesGrp/ProgramServicesAmt220000
IRS990/OtherExpensesGrp/ProgramServicesAmt35145
IRS990/OtherExpensesGrp/TotalAmt0262000
IRS990/OtherExpensesGrp/TotalAmt1127819
IRS990/OtherExpensesGrp/TotalAmt220000
IRS990/OtherExpensesGrp/TotalAmt36860
IRS990/OtherLiabilitiesGrp/BOYAmt01308750
IRS990/OtherLiabilitiesGrp/EOYAmt01387500
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05760
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05760
IRS990/OtherRevenueTotalAmt05760
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt010844
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010843
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt032531
IRS990/OtherSalariesAndWagesGrp/TotalAmt054218
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02311027
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02823035
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01750
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01750
IRS990/PayrollTaxesGrp/ProgramServicesAmt05251
IRS990/PayrollTaxesGrp/TotalAmt08751
IRS990/PensionPlanContributionsGrp/FundraisingAmt0318
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0318
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0954
IRS990/PensionPlanContributionsGrp/TotalAmt01590
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0814193
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0223000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MATTHEW CAVANAUGH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624229
IRS990/ProgramServiceRevenueGrp/BusinessCd1624229
IRS990/ProgramServiceRevenueGrp/Desc0TRAINING FEES
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0178193
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt133162
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0178193
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt133162
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt074670
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0364835
IRS990/PYOtherRevenueAmt019676
IRS990/PYProgramServiceRevenueAmt0192537
IRS990/PYRevenuesLessExpensesAmt0-202123
IRS990/PYSalariesCompEmpBnftPaidAmt0124171
IRS990/PYTotalExpensesAmt0489006
IRS990/PYTotalRevenueAmt0286883
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-194950
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0553117
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0312645
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt074670
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt076484
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0823349
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0404750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01691898
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0838353
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01691898
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0312645
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt074670
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt076484
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0823349
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0404750
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01691898
IRS990ScheduleA/TotalSupportAmt01691898
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/ScheduleBRequiredInd0true
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/CurrentYearAmt0222
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/TotalAmt0222
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt034057
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt024624
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt058681
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt0136228
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt098494
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0234722
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearAmt0222
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus1Amt03462
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/TotalAmt03684
IRS990ScheduleC/GrassrootsCeilingAmt088022
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt034057
IRS990ScheduleC/LobbyingCeilingAmt0352083
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt0136228
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0741295
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0741517
IRS990ScheduleC/TotalGrassrootsLobbyingGrp/FilingOrganizationsTotalAmt0222
IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt0222
IRS990ScheduleD/ExpensesNotReportedAmt03155
IRS990ScheduleD/ExpensesSubtotalAmt0748067
IRS990ScheduleD/OtherExpensesIncludedAmt03155
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01387500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNEARNED REVENUE
IRS990ScheduleD/OtherRevenueAmt03155
IRS990ScheduleD/RevenueNotReportedAmt03155
IRS990ScheduleD/RevenueSubtotalAmt0553117
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DIRECT FUNDRAISING EXPENSES 3,155
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT FUNDRAISING EXPENSES 3,155
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalExpensesPerForm990Amt0748067
IRS990ScheduleD/TotalLiabilityAmt01387500
IRS990ScheduleD/TotalRevenuePerForm990Amt0553117
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0556272
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0751222
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03155
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt026512
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt026512
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt026512
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt026512
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt023357
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03155
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt03155
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS ESTABLISHED AS AN ASSOCIATION OF MEMBERS. THERE ARE TWO TYPES OF MEMBERSHIP AVAILABLE FOR AFFILIATION WITH THE ORGANIZATION, HOUSING DEVELOPERS AND HOUSING PARTNERS. HOUSING DEVELOPERS MUST BE 501(C)(3) OR 501(C)(4) ORGANIZATIONS OPERATING IN THE STATE OF NEBRASKA THAT HAVE AS PART OF THEIR MISSION TO DEVELOP HOUSING THAT IS AFFORDABLE TO PERSONS AND/OR HOUSEHOLDS HAVING LOW-TO MODERATE INCOME. HOUSING PARTNERS MAY BE ORGANIZATIONS, COMMUNITIES, BUSINESSES OR INDIVIDUALS THAT SUPPORT THE DEVELOPMENT OF AFFORDABLE HOUSING. REPRESENTATION OF EACH MEMBER IS ACCOMPLISHED BY ONE PRINCIPAL PERSON REPRESENTING THE WHOLE AT ORGANIZATIONAL MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PAYING MEMBERS, BOTH HOUSING DEVELOPERS AND HOUSING PARTNERS, ARE CONSIDERED IN THE AGGREGATE AS THE GENERAL MEMBERSHIP. THE GENERAL MEMBERSHIP ELECTS ANNUALLY THE BOARD OF DIRECTORS SERVING VARIOUS, STAGGERING TERMS. THESE DIRECTORS REPRESENT THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR AND PROGRAM MANAGER OVERSEE THE PROCESS OF THE COMPLETION OF FORM 990 AFTER THE ANNUAL AUDIT IS COMPLETE AND PROVIDE SPECIFIC REVIEW OF THE 990 BEFORE FILING. COPIES ARE PROVIDED TO ALL BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH BOARD MEMBER SHALL ANNUALLY DISCLOSE, IN WRITING, THAT THEY HAVE RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAVE READ AND REVIEWED THAT POLICY, AND THEY HAVE AGREED TO COMPLY WITH THAT POLICY. IN THE INSTANCE THAT A CONFLICT MAY ARISE, A BOARD MEMBER MUST IDENTIFY ORGANIZATIONS THEY ARE AFFILIATED WITH AND RECUSE THEMSELVES FROM THE VOTE. THE REMAINING BOARD MEMBERS WILL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION OF THE EXECUTIVE DIRECTOR SHALL BE DETERMINED BY THE BOARD OF DIRECTORS ANNUALLY. THE BOARD OF DIRECTORS' DECISION IS BASED UPON THE RESULTS OF AN ANNUAL EVALUATION OF THE EXECUTIVE DIRECTOR, WHICH INCLUDES COMPARING TO OTHER STATE COALITIONS SIMILAR TO THE ASSOCIATION USING GUIDESTAR TO REVIEW OFFICER COMPENSATION ON FORM 990, WHILE ALSO TAKING INTO ACCOUNT BUDGET AND AVAILABLE RESOURCES WHEN DETERMINING COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CERTAIN GOVERNING DOCUMENTS, SUCH AS THE ORGANIZATION'S BYLAWS, ARE MADE AVAILABLE DIRECTLY ON THE ORGANIZATION'S OWN WEBSITE. ANY OTHER GOVERNING DOCUMENT IS MADE AVAILABLE BY THE ORGANIZATION'S STAFF UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DIRECT FUNDRAISING EXPENSES 3,155 DIRECT FUNDRAISING EXPENSES -3,155
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01881908
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01727910
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03382727
IRS990/TotalAssetsEOYAmt03253414
IRS990/TotalAssetsGrp/BOYAmt03382727
IRS990/TotalAssetsGrp/EOYAmt03253414
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0312645

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.48$1.84$1.64$1.37$1.35$0.02
2024Detailed filing. Detailed filing data is available for this year.$3.58$1.83$1.74$1.44$1.47$0.03
2023Detailed filing. Detailed filing data is available for this year.$3.64$1.87$1.77$1.04$0.95$0.09
2022Detailed filing. Detailed filing data is available for this year.$3.50$1.82$1.68$0.80$0.78$0.02
2021Detailed filing. Detailed filing data is available for this year.$3.41$1.75$1.66$0.65$0.72$0.07
2020Detailed filing. Detailed filing data is available for this year.$3.22$1.43$1.78$0.29$0.36$0.07
2019Detailed filing. Detailed filing data is available for this year.$3.25$1.40$1.85$0.55$0.75$0.19
2018Detailed filing. Detailed filing data is available for this year.$3.38$1.33$2.05$0.29$0.49$0.20
2017Detailed filing. Detailed filing data is available for this year.$2.82$0.56$2.25$0.25$0.55$0.29
2016Detailed filing. Detailed filing data is available for this year.$2.58$0.04$2.54$0.87$0.40$0.47
2015Detailed filing. Detailed filing data is available for this year.$2.11$0.04$2.07$0.47$0.73$0.26
2014Summary only. Only limited summary data is available for this year.$2.51$0.05$2.45$0.53$0.47$0.06
2013Summary only. Only limited summary data is available for this year.$2.46$0.06$2.39$0.55$0.41$0.14
2012Summary only. Only limited summary data is available for this year.$2.33$0.08$2.25$0.33$0.40$0.07