Nebraska Press Association Inc
- Assets
- $171.5k
- Revenue
- $297.0k
- Investments
- $0.0
- Employees
- 7
- Location
- Lincoln, NE
- Founding
- 02/1946
- Data as of
- 12/2023
- EIN
- 47-0249730
Organization Overview
Nebraska Press Association Inc is located in Lincoln, NE. The organization was established in 1946. According to its NTEE Classification (J01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Employment and related organizations. As of 12/2023, Nebraska Press Association Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska Press Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Nebraska Press Association Inc generated $297.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $303.6k during the year ending 12/2023. While expenses have increased by 5.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE VARIOUS SERVICES FOR NEBRASKA NEWSPAPERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SERVICES TO PROMOTE THE MATERIAL, SOCIAL & PROFESSIONAL INTERESTS AND RELATIONS OF NEBRASKA EDITORS & PUBLISHERS OF NEBRASKA NEWSPAPERS THROUGH CONVENTIONS, CONFERENCES, BULLETINS AND NEWSLETTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Dump President | OfficerTrustee | 1 | $0 |
John Erickson Vice Preside | OfficerTrustee | 1 | $0 |
Cody Gerlach Treasurer | OfficerTrustee | 1 | $0 |
Kevin Peterson Past Preside | OfficerTrustee | 1 | $0 |
Michael Happ Director | Trustee | 1 | $0 |
Donnis Hueftle-Bullock Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $122,441 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $173,441 |
| Total Program Service Revenue | $113,548 |
| Investment income | $1,185 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $297,014 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $61,985 |
| Compensation of current officers, directors, key employees. | $9,298 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,475 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,064 |
| Payroll taxes | $6,118 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,723 |
| Fees for services: Lobbying | $29,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,064 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,200 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $65,555 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $6,057 |
| Total functional expenses | $303,641 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,615 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $42,905 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $171,520 |
| Accounts payable and accrued expenses | $21,786 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,719 |
| Total liabilities | $23,505 |
| Net assets without donor restrictions | $148,015 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $171,520 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nebraska Press Association Inc Lincoln, NE | $171,520 | $297,014 |
Downtown Manhattan Inc Manhattan, KS | $24,940 | $253,083 |
Health Policy Consortium Sioux Falls, SD | $302,826 | $0 |
Local Union Community Charities Cedar Rapids, IA | $7,297 | $0 |
Neca Des Moines Div Iowa Chapter Natl Elctrcl Cntrctrs Assoc Johnston, IA | $304,566 | $0 |
South Dakota Electrical Council Sioux Falls, SD | $60,825 | $0 |
Wka Inc Kansas City, KS | $8,147 | $0 |
Southwest Bargaining Unit Cokeville, WY | $142,413 | $0 |
Womens Ceo Global Alliance-A Behavioral Health Leadership Round Evergreen, CO | $0 | $0 |