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Nebraska Enterprise Fund

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

EIN: 311543695 ✦ Oakland, NE ✦ Designated as a 501(c)(3)

Overview

What is Nebraska Enterprise Fund?

Nebraska Enterprise Fund is a nonprofit organization situated in Oakland, Nebraska. Its primary mission is to foster the growth of small businesses and micro enterprises within Nebraska. They achieve this through various means, such as offering training, technical assistance, peer support, research and product development, capacity building, and evaluation. Additionally, they provide small business loans or CD guarantees to help these businesses prosper. By supporting underserved communities, Nebraska Enterprise Fund aims to create a thriving small business ecosystem, ensuring every small and micro business has the opportunity to grow and succeed. The organization, with a workforce of 21 individuals, is committed to this vision.


Official website here: www.nebbiz.org

Is Nebraska Enterprise Fund legitimate?

Nebraska Enterprise Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nebraska Enterprise Fund 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: $121,871
Professional Fundraising Fees: $0
Other Salaries and Wages: $642,197

For more financial information, click here


Official website here: www.nebbiz.org

What is the mission statement of Nebraska Enterprise Fund?

The Nebraska Enterprise Fund envisions a thriving small business ecosystem where every micro and small business has the chance to initiate, expand, and prosper. To accomplish this, the fund supports underserved communities by offering access to training, technical assistance, and capital for these businesses. The organization promotes the growth of small business and microenterprise programs in Nebraska through various means, including training, technical assistance, peer support, research and product development, capacity building and evaluation, and small business loans or CD guarantees.


Official website here: www.nebbiz.org

Who is the CEO of Nebraska Enterprise Fund?

James A Reiff is the Board Chair of Nebraska Enterprise Fund.


Official website here: www.nebbiz.org

What is the revenue of Nebraska Enterprise Fund?

Nebraska Enterprise Fund's revenue in 2022 was $5,303,898.


Official website here: www.nebbiz.org

Who are the executives of Nebraska Enterprise Fund and what are their salaries?

The average compensation at Nebraska Enterprise Fund during 2022 was $36,384. There are 21 employees at Nebraska Enterprise Fund.

Here are 10 key members and their salaries:

    James Reiff (Executive Director)
  • Compensation: $121,872
  • Related: $0
  • Other: $17,346

    • Kendall Scheer (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Hodges (Board Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Wise (Treasurer/Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Mauk (Board Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shannon Filing (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Williams (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Storey (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eddie Sitzman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ramone Calzada (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nebbiz.org

    Where can I find the form 990 for Nebraska Enterprise Fund?

    The Nebraska Enterprise Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nebbiz.org

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

    Mission Statement of Nebraska Enterprise Fund

    Nebraska Enterprise Fund envisions a vibrant small business ecosystem where every small and micro business has the opportunity to start, grow, and prosper. To achieve this vision, the organization supports underserved communities by providing micro and small businesses with access to essential resources. This includes training, technical assistance, peer support, research and product development, capacity building and evaluation, and small business loans or CD guarantees. The Nebraska Enterprise Fund's mission is to promote the growth of small business and micro enterprise programs in Nebraska, thereby contributing to the economic development and prosperity of the community.

    Impact

    This information is meant to be a general summary of Nebraska Enterprise Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Nebraska Enterprise Fund's impact can be seen in the growth and prosperity of small and micro businesses in underserved communities. By providing access to training, technical assistance, and capital, the organization is empowering these businesses to start, grow, and succeed. Through programs like training, peer support, and small business loans, Nebraska Enterprise Fund is helping to create a vibrant small business ecosystem where every entrepreneur has the opportunity to thrive.





    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: $15,834
  • Program Service Revenue: $819,144
  • Gross Receipts: $5,303,898

    • Assets and Liabilities:
  • Total Assets: $18,320,846
  • Total Liabilities: $7,894,137
  • Net Assets: $10,426,709
  • Programs

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

    LOAN FEES

    Revenue

    $705,024

    Organization Details

    Founding Year

    1997

    Principal Officer

    James A Reiff

    Main Address

    330 N OAKLAND AVENUE, OAKLAND, NE, 68045

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of Nebraska Enterprise Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.