Nebraska Housing Developers Association is located in Lincoln, NE. The organization was established in 1997. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2024, Nebraska Housing Developers Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska Housing Developers Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Nebraska Housing Developers Association generated $1.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $1.5m during the year ending 06/2024. While expenses have increased by 15.5% 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE THE AVAILABILITY OF AFFORDABLE HOUSING IN NEBRASKA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Quelbin Izaguirre Chair | OfficerTrustee | 2 | $0 |
Autumn Dillon Vice Chair | OfficerTrustee | 1 | $0 |
Matthew Cavanaugh Treasurer | OfficerTrustee | 2 | $0 |
Autumn Calkins Secretary | OfficerTrustee | 1 | $0 |
Scott Argo Director | Trustee | 1 | $0 |
Seanna Collins Director | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $991,814 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $991,814 |
| Total Program Service Revenue | $413,809 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $27,475 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,437,737 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $493,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $97,024 |
| Compensation of current officers, directors, key employees. | $19,405 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $62,400 |
| Pension plan accruals and contributions | $1,755 |
| Other employee benefits | $20,170 |
| Payroll taxes | $10,940 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,497 |
| Advertising and promotion | $0 |
| Office expenses | $18,049 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,642 |
| Travel | $774 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,043 |
| Interest | $165,117 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,550 |
| All other expenses | $1,184 |
| Total functional expenses | $1,470,298 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $292,167 |
| Savings and temporary cash investments | $166,663 |
| Pledges and grants receivable | $242,723 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,866,427 |
| 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 | $8,155 |
| Total assets | $3,576,135 |
| Accounts payable and accrued expenses | $33,311 |
| Grants payable | $0 |
| Deferred revenue | $5,276 |
| 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 | $1,795,901 |
| Total liabilities | $1,834,488 |
| Net assets without donor restrictions | $347,123 |
| Net assets with donor restrictions | $1,394,524 |
| 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 | $3,576,135 |