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Omaha 100

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

EIN: 363752051 ✦ Omaha, NE ✦ Designated as a 501(c)(3)

Overview

What is Omaha 100?

Omaha 100 is a nonprofit organization situated in Omaha, Nebraska, with a specific mission to create 100 affordable housing loans annually for low and moderate-income individuals in the city. They achieve this goal by leveraging public and private partnerships, financing, and technical assistance. Their purpose is to provide home ownership opportunities, enabling those in need to become homeowners, thereby improving their living situations and contributing positively to their communities.


Official website here: www.omaha100.org

Is Omaha 100 legitimate?

Omaha 100 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Omaha 100 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: $93,477
Professional Fundraising Fees: $0
Other Salaries and Wages: $405,411

For more financial information, click here


Official website here: www.omaha100.org

What is the mission statement of Omaha 100?

The mission of Omaha 100, as an organization, is to facilitate home ownership opportunities for individuals with low and moderate income levels. They achieve this goal through strategic partnerships with both public and private sectors, providing financing and technical assistance. The primary aim is to enable these individuals to become homeowners, thereby enhancing their living standards. Their activities are geared towards creating a significant number of affordable housing loans annually, with a target of 100 loans each year. This initiative is designed to improve the housing situation for a substantial segment of the population, thus contributing to their overall well-being.


Official website here: www.omaha100.org

Who is the CEO of Omaha 100?

Malinda Williams is the Vice President of Omaha 100.


Official website here: www.omaha100.org

What is the revenue of Omaha 100?

Omaha 100's revenue in 2022 was $769,955.


Official website here: www.omaha100.org

Who are the executives of Omaha 100 and what are their salaries?

Here are 10 key members and their salaries:

    Malinda Williams (Executive Director)
  • Compensation: $93,477
  • Related: $0
  • Other: $0

    • Jim Rieker (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mathew Brown (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Bernest White (Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Candice Price (Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa Hunter (Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nance Williams (Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Matejka (Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michele Mckizia (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.omaha100.org

    Where can I find the form 990 for Omaha 100?

    The Omaha 100’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.omaha100.org

    Learn more at the official website: www.omaha100.org

    Mission Statement of Omaha 100

    Omaha 100 is an organization dedicated to providing home ownership opportunities for low and moderate income borrowers. Through strategic partnerships, financing, and technical assistance, this nonprofit aims to enable 100 such individuals to own their homes annually. The mission of Omaha 100 is centered around creating affordable housing in a proactive manner, thereby contributing to the betterment of the community. By leveraging public and private partnerships, the organization seeks to make home ownership a reality for those who may otherwise struggle to achieve this goal. Their activities are all aimed at achieving this annual target, thereby contributing to the overall welfare and stability of their community.

    Impact

    This information is meant to be a general summary of Omaha 100. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Omaha 100's impact lies in its mission to provide home ownership opportunities for low and moderate-income individuals in Omaha, Nebraska. By creating 100 loans per year for affordable housing, this organization is actively working to address the issue of housing affordability in the community. Through public and private partnerships, financing assistance, and technical support, Omaha 100 is enabling individuals who might not otherwise have the opportunity to become homeowners. This impact goes beyond just providing shelter; it also contributes to the stability and well-being of individuals and families, thereby strengthening the overall community.





    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: $16,411
  • Program Service Revenue: $576,703
  • Gross Receipts: $803,244

    • Assets and Liabilities:
  • Total Assets: $34,135,600
  • Total Liabilities: $31,839,733
  • Net Assets: $2,295,867
  • Programs

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

    LOAN FEES

    Revenue

    $431,019

    NET GAIN ON SALE OF PR

    Revenue

    $107,255

    ORIGINATION FEES

    Revenue

    $27,282

    CREDIT REPORT FEES

    Revenue

    $5,743

    MISC. SERVICE FEES

    Revenue

    $5,404

    Organization Details

    Founding Year

    1990

    Principal Officer

    Malinda Williams

    Main Address

    2401 LAKE STREET, OMAHA, NE, 68111

    NTEE Category

    Code: L80Z - Housing

    If you are a representative of Omaha 100 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.