Civic Intelligence

Nebraska Housing Developers Association

990 • Fiscal year 2021 • EIN 47-0798048

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 13, 2021

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

84th percentile

0.51x

Higher debt load relative to assets than 84% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

93rd percentile

2.67x

Higher debt load relative to revenue than 93% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

15th percentile

-11%

Higher net margin than 15% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

42nd percentile

5.9%

Faster asset growth than 42% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

90th percentile

123%

Faster revenue growth than 90% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$3,407,102

Up $190,548 (+5.9%) from 2020

Net Assets

Down

$1,659,380

Down $125,232 (-7.0%) from 2020

Liabilities

Up

$1,747,722

Up $315,780 (+22%) from 2020

Revenue

Up

$653,975

Up $360,907 (+123%) from 2020

Expenses

Up

$723,207

Up $361,068 (+100%) from 2020

Net Income

Down

-$69,232

Down $161 (-0.2%) from 2020

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

2021

Assets$3,407,102
Liabilities$1,747,722
Net Assets$1,659,380

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

2021

Revenue$653,975
Expenses$723,207
Net Income-$69,232
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 13, 2021
Return Version
2020v4.0
Gross Receipts
$653,975
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$2,741,868$2,994,274▲ $252,406
Savings and Temporary Cash Investments$292,915$235,788▼ $57,127
Cash and Non-Interest-Bearing Accounts$123,710$118,027▼ $5,683
Pledges and Grants Receivable$58,061$59,013▲ $952
Total Assets$3,216,554$3,407,102▲ $190,548
Liabilities
Other Liabilities$1,387,500$1,707,500▲ $320,000
Unsecured Notes Loans Payable$27,315$29,584▲ $2,269
Accounts Payable and Accrued Expenses$13,082$10,638▼ $2,444
Deferred Revenue$4,045--
Total Liabilities$1,431,942$1,747,722▲ $315,780
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,481,804$1,431,161▼ $50,643
Net Assets Without Donor Restrictions$302,808$228,219▼ $74,589
Total Net Assets Fund Balance$1,784,612$1,659,380▼ $125,232
Total Liabilities and Net Assets / Fund Balance$3,216,554$3,407,102▲ $190,548
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew CavanaughFmr. Exec. DFT$67,257$5,219$72,476

Board Members and Trustees

NameTitle
Brian AndersenChair
Ann BurgeChairperson
Amy ThelanderVice Chair
Carol Nelson BodeenDirector
Michael D SandsDirector
Mike GawleyDirector
Quelbin M IzaguirreDirector
Scott JensenDirector
Tina EngelbartDirector
Courtney LyonsFmr. Exec. D
Kim ClarkSecretary
Rob WoodlingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$567,243
Program Service Revenue
$47,846
Investment Income
$0
Other Revenue
$38,886
All Other Contributions
$307,743
Change in Net Assets
$-69,232

Audited Revenue Reconciliation

Revenue per Audited Statements
$653,975
Total Revenue per Audited Statements
$653,975
Total Revenue per Form 990
$653,975
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$355,375
Other Expenses$221,948
Salaries, Compensation, and Employee Benefits$145,884
Total Fundraising Expense$40,340
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$355,375--$355,375
Conferences and Meetings$78,649--$78,649
Current Officers, Directors, Trustees, and Key Employees$38,647$12,884$12,884$64,415
Other Salaries and Wages$31,228$10,409$10,409$52,046
Fees for Services Other-$32,922$6,938$39,860
Other Employee Benefits$11,402$3,800$3,800$19,002
Office Expenses$10,034$3,335$2,982$16,351
Payroll Taxes$5,233$1,744$1,744$8,721
Occupancy$3,682$1,227$1,227$6,136
Insurance-$2,122-$2,122
Other Expenses$1,391$464-$1,855
Pension Plan Contributions$1,020$340$340$1,700
All Other Expenses$310$1,316-$1,626
Travel$8$57$16$81
Total Functional Expenses$612,247$70,620$40,340$723,207

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$723,207
Total Expenses per Audited Statements$723,207
Total Expenses per Form 990$723,207
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,730
Professional Fundraising Fees$0
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$1,707,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Amber Marker
Title
New Exec. Director
Signed
2021-10-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amber Marker
Formed
1996
Legal Domicile
Ne
Voting Board Members
11
Independent Board Members
11
Employees
2
Volunteers
11

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, Page 2, Part III, Line 4D

The association is an alliance of non-profit organizations, for-profit organizations, communities, businesses and individuals that work to increase the availability of quality, affordable housing in nebraska.

Financial Statement Notes

Schedule D, Page 3, Part X

The association is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and is classified as other than a private foundation by the internal revenue service. However, income earned, which is not related to its exempt purpose, may incur unrelated business income tax, which is subject to normal corporate rates. The association has not currently engaged in any activities which are contrary to its exempt purpose and, therefore, no provisions have been made for unrelated business income taxes. Management also believes the association has not taken any uncertain tax positions. The tax years which still may be subject to an internal revenue service audit are for fiscal years ending june 30, 2020, 2019 and 2018.

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IRS990/NetAssetsOrFundBalancesEOYAmt01659380
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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0302808
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0228219
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01227
IRS990/OccupancyGrp/ManagementAndGeneralAmt01227
IRS990/OccupancyGrp/ProgramServicesAmt03682
IRS990/OccupancyGrp/TotalAmt06136
IRS990/OfficeExpensesGrp/FundraisingAmt02982
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03335
IRS990/OfficeExpensesGrp/ProgramServicesAmt010034
IRS990/OfficeExpensesGrp/TotalAmt016351
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03800
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03800
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt011402
IRS990/OtherEmployeeBenefitsGrp/TotalAmt019002
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/Desc1HOMEBUYER EDUCATION
IRS990/OtherExpensesGrp/Desc2REHABILITATION
IRS990/OtherExpensesGrp/Desc3TRAINING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0464
IRS990/OtherExpensesGrp/ProgramServicesAmt044755
IRS990/OtherExpensesGrp/ProgramServicesAmt120000
IRS990/OtherExpensesGrp/ProgramServicesAmt210513
IRS990/OtherExpensesGrp/ProgramServicesAmt31391
IRS990/OtherExpensesGrp/TotalAmt044755
IRS990/OtherExpensesGrp/TotalAmt120000
IRS990/OtherExpensesGrp/TotalAmt210513
IRS990/OtherExpensesGrp/TotalAmt31855
IRS990/OtherLiabilitiesGrp/BOYAmt01387500
IRS990/OtherLiabilitiesGrp/EOYAmt01707500
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt028156
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt028156
IRS990/OtherRevenueTotalAmt028156
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt010409
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010409
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt031228
IRS990/OtherSalariesAndWagesGrp/TotalAmt052046
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02741868
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02994274
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01744
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01744
IRS990/PayrollTaxesGrp/ProgramServicesAmt05233
IRS990/PayrollTaxesGrp/TotalAmt08721
IRS990/PensionPlanContributionsGrp/FundraisingAmt0340
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0340
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01020
IRS990/PensionPlanContributionsGrp/TotalAmt01700
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt058061
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt059013
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0AMBER MARKER
IRS990/PriorPeriodAdjustmentsAmt0-56000
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624229
IRS990/ProgramServiceRevenueGrp/BusinessCd1624229
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1TRAINING FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt032645
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt115201
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt032645
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt115201
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE ASSOCIATION IS AN ALLIANCE OF NON-PROFIT ORGANIZATIONS, FOR-PROFIT ORGANIZATIONS, COMMUNITIES, BUSINESSES AND INDIVIDUALS THAT WORK TO INCREASE THE AVAILABILITY OF QUALITY, AFFORDABLE HOUSING IN NEBRASKA.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0107219
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0203840
IRS990/PYOtherRevenueAmt025807
IRS990/PYProgramServiceRevenueAmt0160042
IRS990/PYRevenuesLessExpensesAmt0-69071
IRS990/PYSalariesCompEmpBnftPaidAmt0158299
IRS990/PYTotalExpensesAmt0362139
IRS990/PYTotalRevenueAmt0293068
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-69232
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0292915
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0235788
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0303230
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0107219
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0312645
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt074670
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt076484
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0874248
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0917815
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0874248
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0303230
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0107219
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0312645
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt074670
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt076484
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0874248
IRS990ScheduleA/TotalSupportAmt0874248
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/CurrentYearMinus2Amt0222
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/TotalAmt0222
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt0813
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt018107
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus2Amt034057
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus3Amt024624
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt077601
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt03250
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt072428
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus2Amt0136228
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus3Amt098494
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0310400
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearAmt016250
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus1Amt012004
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus2Amt0222
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus3Amt03462
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/TotalAmt031938
IRS990ScheduleC/Form4720FiledInd0false
IRS990ScheduleC/GrassrootsCeilingAmt0116402
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt0813
IRS990ScheduleC/LobbyingCeilingAmt0465600
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt03250
IRS990ScheduleC/TotalDirectLobbyingGrp/FilingOrganizationsTotalAmt016250
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt016250
IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt016250
IRS990ScheduleC/TotLbbyExpendMnsLbbyngNonTxGrp/FilingOrganizationsTotalAmt013000
IRS990ScheduleD/ExpensesSubtotalAmt0723207
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01707500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNEARNED REVENUE
IRS990ScheduleD/RevenueSubtotalAmt0653975
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION BY THE INTERNAL REVENUE SERVICE. HOWEVER, INCOME EARNED, WHICH IS NOT RELATED TO ITS EXEMPT PURPOSE, MAY INCUR UNRELATED BUSINESS INCOME TAX, WHICH IS SUBJECT TO NORMAL CORPORATE RATES. THE ASSOCIATION HAS NOT CURRENTLY ENGAGED IN ANY ACTIVITIES WHICH ARE CONTRARY TO ITS EXEMPT PURPOSE AND, THEREFORE, NO PROVISIONS HAVE BEEN MADE FOR UNRELATED BUSINESS INCOME TAXES. MANAGEMENT ALSO BELIEVES THE ASSOCIATION HAS NOT TAKEN ANY UNCERTAIN TAX POSITIONS. THE TAX YEARS WHICH STILL MAY BE SUBJECT TO AN INTERNAL REVENUE SERVICE AUDIT ARE FOR FISCAL YEARS ENDING JUNE 30, 2020, 2019 AND 2018.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalExpensesPerForm990Amt0723207
IRS990ScheduleD/TotalLiabilityAmt01707500
IRS990ScheduleD/TotalRevenuePerForm990Amt0653975
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0653975
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0723207
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0233282
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt156093
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt266000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0RENTAL ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1MORTGAGE ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2HOMEBUYER ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0109
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt112
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt211
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION IS AN ALLIANCE OF NON-PROFIT ORGANIZATIONS, FOR-PROFIT ORGANIZATIONS, COMMUNITIES, BUSINESSES AND INDIVIDUALS THAT WORK TO INCREASE THE AVAILABILITY OF QUALITY, AFFORDABLE HOUSING IN NEBRASKA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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/ExplanationTxt2PAYING 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/ExplanationTxt3THE 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/ExplanationTxt4EACH 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/ExplanationTxt5THE 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/ExplanationTxt6CERTAIN 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/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B

Document Assets

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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