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Seventy-Five North Revitalization Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 273842950 ✦ Omaha, NE ✦ Designated as a 501(c)(3)

Overview

What is Seventy-Five North Revitalization Corporation?

The Seventy-Five North Revitalization Corporation is a nonprofit organization based in Omaha, Nebraska, specifically at 2112 N North 30th Street. Its mission is to revitalize the North Omaha area, particularly the Highlander neighborhood, by repurposing vacant, abandoned, condemned, and unclaimed structures, as well as key parcels of land in the northeast section of the city. This initiative aims to foster a healthy, sustainable, mixed-income community in the area, breaking the cycle of poverty and community deterioration. The Corporation partners with others to create high-quality housing, thriving schools, recreational facilities, and other neighborhood enrichment amenities, with a total of 9 employees working toward this goal.


Official website here: www.seventyfivenorth.org

Is Seventy-Five North Revitalization Corporation legitimate?

Seventy-Five North Revitalization Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seventy-Five North Revitalization Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $199,814
Professional Fundraising Fees: $0
Other Salaries and Wages: $312,816

For more financial information, click here


Official website here: www.seventyfivenorth.org

What is the mission statement of Seventy-Five North Revitalization Corporation?

The Seventy-Five North Revitalization Corporation is committed to fostering a thriving, sustainable, and mixed-income community. Their primary objective is to break the cycle of poverty and neighborhood deterioration by collaborating on initiatives that enrich the community with quality housing, thriving schools, recreational facilities, and various neighborhood enrichment amenities. In essence, their mission is geared towards creating a healthy community and promoting a better quality of life for its residents. This is achieved through strategic planning for properties and the repurposing of vacant, abandoned, condemned, and unclaimed structures, as well as key parcels of land, in a designated area. This approach is aimed at revitalizing the community and enhancing its overall well-being.


Official website here: www.seventyfivenorth.org

Who is the CEO of Seventy-Five North Revitalization Corporation?

Jimmi Watts is the Chairman/President of Seventy-Five North Revitalization Corporation. The CEO's salary of Seventy-Five North Revitalization Corporation is $183,645 and their total compensation is $199,814.


Official website here: www.seventyfivenorth.org

What is the revenue of Seventy-Five North Revitalization Corporation?

Seventy-Five North Revitalization Corporation's revenue in 2022 was $5,180,265.


Official website here: www.seventyfivenorth.org

Who are the executives of Seventy-Five North Revitalization Corporation and what are their salaries?

The average compensation at Seventy-Five North Revitalization Corporation during 2022 was $56,959. There are 9 employees and 100 volunteers at Seventy-Five North Revitalization Corporation.

Here are 10 key members and their salaries (Seventy-Five North Revitalization Corporation's CEO's salary is $183,645 and their total compensation is $199,814):

    Cydney Franklin (President/Ceo)
  • Compensation: $183,645
  • Related: $0
  • Other: $16,169

    • Dana Washington (Chairman/President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meredith Dillon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adam Steffen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dana Bradford (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenny Rocker (Board Member Until March 2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bradley Ekwerekwu (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Arnold (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Jensen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erin Bock (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.seventyfivenorth.org

    Where can I find the form 990 for Seventy-Five North Revitalization Corporation?

    The Seventy-Five North Revitalization Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.seventyfivenorth.org

    Learn more at the official website: www.seventyfivenorth.org

    Mission Statement of Seventy-Five North Revitalization Corporation

    The Seventy-Five North Revitalization Corporation is committed to fostering a healthy and sustainable mixed-income community in a specified neighborhood. Their mission is geared towards breaking the cycle of poverty and community deterioration by collaborating to create high-quality housing, thriving schools, recreational facilities, and other neighborhood enrichment amenities. This organization aims to facilitate the development of a vibrant community where everyone can live, learn, and play, thereby creating a better quality of life for its residents. Specifically, the Seventy-Five North Revitalization Corporation focuses on the strategic planning and acquisition of properties in various regions. They repurpose vacant, abandoned, condemned, and unclaimed structures, as well as key parcels of land, to revitalize the community and improve its overall living conditions. Their development projects are designed to revitalize the neighborhood and bring about a sense of pride and community spirit among its residents.

    Impact

    This information is meant to be a general summary of Seventy-Five North Revitalization Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Monday, June 17, 2024

    Seventy-Five North Revitalization Corporation works to facilitate a healthy, sustainable, mixed-income community in the Highlander neighborhood in North Omaha. They aim to break the cycle of poverty and community deterioration by partnering to create high-quality housing, thriving schools, recreational facilities, and other neighborhood enrichment amenities. Through their housing initiatives, which involve the acquisition and strategic planning of properties in North Omaha, Seventy-Five North revitalizes the area by repurposing vacant, abandoned, condemned, and unclaimed structures and key parcels of land throughout the northeast section of the city. Their development project specifically targets the Highlander neighborhood, contributing to the overall enhancement of the community in Omaha, Nebraska.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,123,241
  • Program Service Revenue: $554,585
  • Gross Receipts: $5,198,909

    • Assets and Liabilities:
  • Total Assets: $50,146,343
  • Total Liabilities: $5,627,438
  • Net Assets: $44,518,905
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ACCELERATOR- COMMUNITY

    Revenue

    $253,079

    ACCELERATOR- EDUCATION

    Revenue

    $119,096

    EVENT HALL REVENUE

    Revenue

    $112,040

    DEVELOPMENT FEES

    Revenue

    $70,370

    Organization Details

    Founding Year

    2010

    Principal Officer

    Jimmi Watts

    Main Address

    2112 NORTH 30TH STREET 200, OMAHA, NE, 68111

    NTEE Category

    Code: C50 - Environment

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