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Central Nebraska Economic Development Inc

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

EIN: 202470844 ✦ Chambers, NE ✦ Designated as a 501(c)(3)

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Overview

What is Central Nebraska Economic Development Inc?

Central Nebraska Economic Development Inc is a nonprofit organization established to address the identified gaps in affordable housing within their 14-county district. Their mission involves creating and implementing a housing program that assesses housing needs and develops strategies to fill these gaps for low and medium-income citizens. Their services include owner-occupied home rehabilitation, downpayment assistance, workforce development housing, and homebuyer education. By providing these housing programs, Central Nebraska Economic Development Inc aims to expand affordable housing opportunities within their district.


Official website here: www.cnedd.org

Is Central Nebraska Economic Development Inc legitimate?

Central Nebraska Economic Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Nebraska Economic Development Inc 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cnedd.org

What is the mission statement of Central Nebraska Economic Development Inc?

Central Nebraska Economic Development Inc was founded to address affordability issues in housing, specifically identified within their 14-county district. Their mission involves creating and implementing a housing program, which provides various housing services. This program includes assessing housing needs and developing strategies to fill identified gaps for low and medium-income citizens. The ultimate goal is to expand affordable housing opportunities within the 14-county district, thereby improving housing accessibility for a broader population.


Official website here: www.cnedd.org

Who is the CEO of Central Nebraska Economic Development Inc?

Craig Brewster is the Finance Offi of Central Nebraska Economic Development Inc.


Official website here: www.cnedd.org

What is the revenue of Central Nebraska Economic Development Inc?

Central Nebraska Economic Development Inc's revenue in 2022 was $411,900.


Official website here: www.cnedd.org

Who are the executives of Central Nebraska Economic Development Inc and what are their salaries?


Here are 5 key members and their salaries:


Craig Brewster (Finance Offi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Brown (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Madsen (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Petersen (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cnedd.org

Where can I find the form 990 for Central Nebraska Economic Development Inc?

Central Nebraska Economic Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cnedd.org

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

Mission Statement of Central Nebraska Economic Development Inc

Central Nebraska Economic Development Inc was established to tackle the identified gaps in affordable housing within their 14-county district. With a focus on low and medium-income citizens, this organization aims to create and implement a housing program. This program entails conducting an assessment of housing needs and developing and implementing strategies to fill the identified gaps. By providing these housing services, Central Nebraska Economic Development Inc aims to expand the opportunities for affordable housing within their district. This mission is crucial in addressing the housing needs of the community, ultimately contributing to improved living standards for many residents.

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Impact




October, 2024

Central Nebraska Economic Development Inc significantly impacts the region by addressing critical gaps in affordable housing across its 14-county district. By creating and implementing comprehensive housing programs, the organization focuses on serving low and medium-income citizens who face challenges accessing suitable housing options.

Key initiatives include conducting thorough assessments of housing needs and developing targeted strategies to fill identified gaps. Their housing services encompass owner-occupied home rehabilitation, downpayment assistance, and workforce development housing. Additionally, they provide essential homebuyer education to empower residents in making informed housing decisions.

Through these efforts, Central Nebraska Economic Development Inc expands affordable housing opportunities, ultimately contributing to the overall economic stability and quality of life in the region. The organization's commitment to enhancing housing accessibility supports community development and fosters a more equitable living environment for all residents.




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


Financials

This financial information is from Propublica.

Revenue
$411,900 (2022)
Expenses
$340,220 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $152,582
  • Gross Receipts: $411,900

Assets and Liabilities:

  • Total Assets: $1,691,011
  • Total Liabilities: $0
  • Net Assets: $1,691,011

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Programs

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

LOAN PRINCIPAL RECEIVED

Revenue

$116,447

HOUSING PROJECT INCOME

Revenue

$20,127

INTEREST RECEIVED ON LOANS

Revenue

$9,911

OTHER INCOME

Revenue

$6,097

Organization Details

Founding Year

2005

Principal Officer

Craig Brewster

Main Address

PO BOX 201, CHAMBERS, NE, 68725

NTEE Category

Code: L20 - Housing

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