Immanuel Affordable Inc is located in Omaha, NE. The organization was established in 2000. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Immanuel Affordable Inc 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 06/2022, Immanuel Affordable Inc generated $180.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $205.0k during the year ending 06/2022. While expenses have increased by 0.0% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE LOW-INCOME HOUSING FOR THE ELDERLY AND DISABLED. THE FACILITY INCLUDES 20 APARTMENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Friedlund Chair | 0.1 | $0 | |
Deborah Conley Vice Chair | 0.1 | $0 | |
Brenda Bergman-Evans PHD Aprn Member | 0.1 | $0 | |
Betty Foster PHD Member | 0.1 | $0 | |
Mary Balluff Member | 0.1 | $0 | |
Rev Timothy Koester Member | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,126 |
| Total Program Service Revenue | $80,810 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $180,942 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $64,321 |
| Professional fees and other payments to independent contractors | $28,387 |
| Occupancy, rent, utilities, and maintenance | $61,372 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50,921 |
| Total expenses | $205,001 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,500 |
| Other assets | $0 |
| Total assets | $290,818 |
| Total liabilities | $112,553 |
| Net assets or fund balances | $178,265 |