Nebraska Housing Developers Association

“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.”

“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.”

“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.”

“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.”

“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.”

“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.”

“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.”

“Direct fundraising expenses 10,602 direct fundraising expenses -10,602 to implement new accounting standard asc 842 - lease accounting standards.”