Civic Intelligence

Downtown Riverfront Trust

990 • Fiscal year 2020 • EIN 81-4619812

Jan 01, 2020 to Dec 31, 2020 • Filed on May 10, 2021

Organization ProfileN/A
10050 Regency Circle Suite 101Omaha, NE 68114

(402) 391-3190

Siviq Scores

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

Liabilities / Assets

91st percentile

0.99x

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

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

4.26x

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

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Net Margin

30th percentile

-0.9%

Higher net margin than 30% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

63rd percentile

$604,377

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Asset Growth

46th percentile

4.2%

Faster asset growth than 46% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

1st percentile

-78%

Faster revenue growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$158,328,884

Up $6,330,162 (+4.2%) from 2019

Net Assets

Down

$898,993

Down $331,476 (-27%) from 2019

Liabilities

Up

$157,429,891

Up $6,661,638 (+4.4%) from 2019

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin30th percentile

Revenue

Down

$36,994,406

Down $132,459,881 (-78%) from 2019

Expenses

Down

$37,325,882

Down $131,228,586 (-78%) from 2019

Net Income

Down

-$331,476

Down $1,231,295 (-137%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth46th percentile

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

$200M$150M$100M$50M$0Assets 2017: $922,374Liabilities 2017: $191,066Net Assets 2017: $731,3082017Assets 2018: $58,293,994Liabilities 2018: $57,963,344Net Assets 2018: $330,6502018Assets 2019: $151,998,722Liabilities 2019: $150,768,253Net Assets 2019: $1,230,4692019Assets 2020: $158,328,884Liabilities 2020: $157,429,891Net Assets 2020: $898,9932020Assets 2021: $158,815,743Liabilities 2021: $158,037,911Net Assets 2021: $777,8322021Assets 2022: $78,147,504Liabilities 2022: $77,606,639Net Assets 2022: $540,8652022Assets 2023: $20,920,786Liabilities 2023: $20,489,396Net Assets 2023: $431,3902023Assets 2024: $13,622,822Liabilities 2024: $13,309,116Net Assets 2024: $313,7062024

Highlighted filing

2020

Assets$158,328,884
Liabilities$157,429,891
Net Assets$898,993
Open 2020 Filing

Operations Trend

Revenue Growth1st percentile

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

$200M$150M$100M$50M$0-$50MRevenue 2017: $1,508,071Expenses 2017: $776,763Net Income 2017: $731,3082017Revenue 2018: $60,661,607Expenses 2018: $61,062,265Net Income 2018: -$400,6582018Revenue 2019: $169,454,287Expenses 2019: $168,554,468Net Income 2019: $899,8192019Revenue 2020: $36,994,406Expenses 2020: $37,325,882Net Income 2020: -$331,4762020Revenue 2021: $28,894,950Expenses 2021: $29,016,111Net Income 2021: -$121,1612021Revenue 2022: $3,742,336Expenses 2022: $3,979,303Net Income 2022: -$236,9672022Revenue 2023: $894,297Expenses 2023: $1,003,772Net Income 2023: -$109,4752023Revenue 2024: $398,352Expenses 2024: $516,036Net Income 2024: -$117,6842024

Highlighted filing

2020

Revenue$36,994,406
Expenses$37,325,882
Net Income-$331,476
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 10, 2021
Return Version
2020v4.0
Gross Receipts
$36,994,406
Mission and Program Overview

Mission

Downtown riverfront trust, in collaboration with the city of omaha, the metropolitan entertainment & convention authority (meca) and a riverfront revitalization committee have assumed responsibility for the planning, design and construction of the new tri-park complex on three city of omaha owned properties currently referred to as lewis and clark landing, heartland of america park and gene leahy mall. Drt is responsible for securing private donations from the community to fund a portion of the development. Meca is responsible for paying project expenses as well as activating, operating and maintaining the development. Due to this relationship, almost all funds raised by drt relating to this project are shown as a grants expense and contributions payable to meca.

The purpose of the Organization is to work, in conjunction with governmental agencies of the Cities of Omaha and Council Bluffs, as well as private sector entities, to develop the Missouri River waterfront in the metropolitan area for the benefit and use of the general public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$147,397,993$155,807,631▲ $8,409,638
Savings and Temporary Cash Investments$4,578,229$2,520,864▼ $2,057,365
Cash and Non-Interest-Bearing Accounts$13,141$389▼ $12,752
Accounts Receivable$0--
Receivables From Officers Etc$0--
Total Assets$151,998,722$158,328,884▲ $6,330,162
Other Assets Total$9,359--
Liabilities
Other Liabilities$150,559,981$157,270,777▲ $6,710,796
Accounts Payable and Accrued Expenses$208,272$159,114▼ $49,158
Total Liabilities$150,768,253$157,429,891▲ $6,661,638
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,230,469$898,993▼ $331,476
Net Assets Without Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,230,469$898,993▼ $331,476
Total Liabilities and Net Assets / Fund Balance$151,998,722$158,328,884▲ $6,330,162
Compensation and Service Providers
Top Officer Pay63rd percentile

Employees

NameTitleOtherTotal
Rachel JacobsonPresident$124,182$124,182
Jennifer CallahanTreasurer$100,442$100,442

Board Members and Trustees

NameTitle
Kenneth StinsonChairman
Susan MorrisPresident
Jack KoraleskiDirector
Mogens C BayDirector
W Gary GatesDirector
Dan WatersSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$36,985,899
Program Service Revenue
$0
Investment Income
$8,507
Other Revenue
$0
All Other Contributions
$36,985,899
Change in Net Assets
$-331,476
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$37,154,932
Other Expenses$170,950
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$37,154,932--$37,154,932
Fees for Services Other-$150,000-$150,000
Fees for Services Accounting-$9,265-$9,265
Insurance-$6,413-$6,413
Other Expenses$0$3,113$0$3,113
Fees for Services Legal-$1,970-$1,970
Office Expenses-$189-$189
Total Functional Expenses$37,154,932$170,950$0$37,325,882
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$0--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Contributions Payable$157,270,777
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
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, Part VI, Section A, Line 2

“Certain board members have business relationships with other board members.”

Form 990, Part VI, Section B, Line 11B

“The 990 is prepared by the Treasurer and reviewed by the President and Secretary. A copy of the 990 is distributed to all board members prior to the filing of the 990.”

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

“Members of the Board of Directors complete a questionnaire on an annual basis to identify business relationships among directors. These questionnaires are then reviewed by the Treasurer to determine any potential conflicts of interest and business relationships which would need to be disclosed. In addition, the Organization is adopting a procedure whereby board members sign an annual statement acknowledging that they have read and understand the conflict of interest policy.”

Form 990, Part VI, Section C, Line 19

“The Organization would provide its governing documents, financial statements and tax returns upon request.”

Form 990, Part VII, Section A, Line 1D

“See the related entity's 990 Schedule O for a note relating to compensation.”

Filing and Contact Details

Filer

Filer Name
Downtown Riverfront Trust
EIN
81-4619812
Phone
4023913190
Address
10050 Regency Circle Suite 101, Omaha, NE 68114

Signing Officer

Name
Jennifer Callahan
Title
Treasurer and Controller
Phone
4023913190
Signed
2021-05-10

Organization Details

Principal Officer
Rachel Jacobson
Formed
2016
Legal Domicile
Ne
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2

“The Organization follows the provisions of FASB Codification Topic 740-10 related to uncertain income tax provisions. Management believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain positions that are material to the financial statements.”

Raw XML AppendixShowing 400 of 452 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.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0208272
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0159114
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0The purpose of the Organization is to work, in conjunction with governmental agencies of the Cities of Omaha and Council Bluffs, as well as private sector entities, to develop the Missouri River waterfront in the metropolitan area for the benefit and use of the general public.
IRS990/AllOtherContributionsAmt036985899
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/PersonNm0Jennifer Callahan
IRS990/BooksInCareOfDetail/PhoneNum04023913190
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010050 Regency Circle
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0Suite 101
IRS990/BooksInCareOfDetail/USAddress/CityNm0Omaha
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NE
IRS990/BooksInCareOfDetail/USAddress/ZIPCd068114
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt013141
IRS990/CashNonInterestBearingGrp/EOYAmt0389
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt036985899
IRS990/CYGrantsAndSimilarPaidAmt037154932
IRS990/CYInvestmentIncomeAmt08507
IRS990/CYOtherExpensesAmt0170950
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-331476
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt037325882
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt036994406
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0Downtown Riverfront Trust, in collaboration with the City of Omaha, the Metropolitan Entertainment & Convention Authority (MECA) and a Riverfront Revitalization Committee have assumed responsibility for the planning, design and construction of the a new Tri-Park Complex on three City of Omaha owned properties currently referred to as Lewis and Clark Landing, Heartland of America Park and Gene Leahy Mall. DRT is responsible for securing private donations from the community to fund a portion of the development. MECA is responsible for paying project expenses as well as activating, operating and maintaining the development. Due to this relationship, almost all funds raised by DRT relating to this project are shown as a grants expense and contributions payable to MECA.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01230469
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0898993
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt037154932
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09265
IRS990/FeesForServicesAccountingGrp/TotalAmt09265
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01970
IRS990/FeesForServicesLegalGrp/TotalAmt01970
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0150000
IRS990/FeesForServicesOtherGrp/TotalAmt0150000
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt210
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt51
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt72
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt018154
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt15913
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0Susan Morris
IRS990/Form990PartVIISectionAGrp/PersonNm1Rachel Jacobson
IRS990/Form990PartVIISectionAGrp/PersonNm2Jennifer Callahan
IRS990/Form990PartVIISectionAGrp/PersonNm3Kenneth Stinson
IRS990/Form990PartVIISectionAGrp/PersonNm4Mogens C Bay
IRS990/Form990PartVIISectionAGrp/PersonNm5W Gary Gates
IRS990/Form990PartVIISectionAGrp/PersonNm6Jack Koraleski
IRS990/Form990PartVIISectionAGrp/PersonNm7Dan Waters
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0586223
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1118269
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2100442
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt00
IRS990/GrantAmt037154932
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt037154932
IRS990/GrantsToDomesticOrgsGrp/TotalAmt037154932
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt036994406
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt06413
IRS990/InsuranceGrp/TotalAmt06413
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt08507
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08507
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Downtown Riverfront Trust, in collaboration with the City of Omaha, the Metropolitan Entertainment & Convention Authority (MECA) and a Riverfront Revitalization Committee have assumed responsibility for the planning, design and construction of the a new Tri-Park Complex on three City of Omaha owned properties currently referred to as Lewis and Clark Landing, Heartland of America Park and Gene Leahy Mall. DRT will be responsible for securing private donations from the community to fund a portion of the development. MECA will be responsible for paying project expenses as well as activating, operating and maintaining the development.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01230469
IRS990/NetAssetsOrFundBalancesEOYAmt0898993
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0189
IRS990/OfficeExpensesGrp/TotalAmt0189
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09359
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Bank fees
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03113
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/TotalAmt03113
IRS990/OtherLiabilitiesGrp/BOYAmt0150559981
IRS990/OtherLiabilitiesGrp/EOYAmt0157270777
IRS990/OtherRevenueTotalAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0147397993
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0155807631
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Rachel Jacobson
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0169158578
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0295709
IRS990/PYOtherExpensesAmt0168554468
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0899819
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0168554468
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0169454287
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-331476
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04578229
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02520864
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt036985899
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0169158578
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt060376540
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01508071
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0268029088
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08507
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0295709
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0285067
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0589283
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt081922472
IRS990ScheduleA/SubstantialContributorsTotAmt0186106616
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt036985899
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0169158578
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt060376540
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01508071
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0268029088
IRS990ScheduleA/TotalSupportAmt0268618371
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/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0157270777
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Contributions Payable
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization follows the provisions of FASB Codification Topic 740-10 related to uncertain income tax provisions. Management believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain positions that are material to the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2
IRS990ScheduleD/TotalLiabilityAmt0157270777
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0186233
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt0400000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt0400000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt018154
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Susan Morris
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0604387
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0Susan Morris was paid $400,000 from a related organization in 2020 relating to an incentive plan agreement which had been put into place in 2010 and was contingent upon providing an additional ten years of service.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule J, Part I, Line 4
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Certain board members have business relationships with other board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 is prepared by the Treasurer and reviewed by the President and Secretary. A copy of the 990 is distributed to all board members prior to the filing of the 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Members of the Board of Directors complete a questionnaire on an annual basis to identify business relationships among directors. These questionnaires are then reviewed by the Treasurer to determine any potential conflicts of interest and business relationships which would need to be disclosed. In addition, the Organization is adopting a procedure whereby board members sign an annual statement acknowledging that they have read and understand the conflict of interest policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization would provide its governing documents, financial statements and tax returns upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4See the related entity's 990 Schedule O for a note relating to compensation.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VII, Section A, Line 1d
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Heritage Services
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0470731254
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501c3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0payment of consulting fee and reimbursement of expenses
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170B1Avi
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt010050 Regency Circle
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine2Txt0Suite 101
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Omaha
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd068114
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0150000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0The Organization has a contract with Heritage Services for Heritage Services to provide certain administrative functions for the Organization. The annual fee is per the contract.
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Heritage Services
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0m
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0151998722
IRS990/TotalAssetsEOYAmt0158328884
IRS990/TotalAssetsGrp/BOYAmt0151998722
IRS990/TotalAssetsGrp/EOYAmt0158328884
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt036985899
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0170950
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt037154932
IRS990/TotalFunctionalExpensesGrp/TotalAmt037325882
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0150768253
IRS990/TotalLiabilitiesEOYAmt0157429891

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$158,328,884
Liabilities
$157,429,891
Net assets
$898,993
Revenue
$36,994,406
Expenses
$37,325,882
Net income
-$331,476
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.6$13.3$0.31$0.40$0.52$0.12
2023Detailed filing. Detailed filing data is available for this year.$20.9$20.5$0.43$0.89$1.00$0.11
2022Detailed filing. Detailed filing data is available for this year.$78.1$77.6$0.54$3.74$3.98$0.24
2021Detailed filing. Detailed filing data is available for this year.$159$158$0.78$28.9$29.0$0.12
2020Detailed filing. Detailed filing data is available for this year.$158$157$0.90$37.0$37.3$0.33
2019Detailed filing. Detailed filing data is available for this year.$152$151$1.23$169$169$0.90
2018Detailed filing. Detailed filing data is available for this year.$58.3$58.0$0.33$60.7$61.1$0.40
2017Summary only. Only limited summary data is available for this year.$0.92$0.19$0.73$1.51$0.78$0.73