Overview
What is Platte Institute For Economic Research Inc?
The Platte Institute for Economic Research Inc., based in Omaha, Nebraska, is a nonprofit organization with a mission to foster economic growth and opportunities within the state. They advocate for tax reforms, aiming to establish a straightforward, sustainable tax structure that supports development. The institute has successfully thwarted over a billion dollars worth of potential tax increases, while also advocating for legislation that reduces income tax, property tax, and inheritance taxes, among others. Their efforts contribute to making Nebraska an inviting environment for employment, property ownership, business operation, and retirement. With a team of eight individuals, the Platte Institute works tirelessly to remove financial barriers and promote prosperity in Nebraska.
Official website here: www.platteinstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The Platte Institute for Economic Research Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. With a score of 93% for Accountability & Finance, the organization exhibits robust governance practices, including a fully independent board and comprehensive financial oversight. Its success in maintaining a low ratio of liabilities to assets indicates solid financial management.
In addition to financial strength, the organization excels in its cultural and community efforts, achieving a perfect score of 100% in this area. The institute actively collects and utilizes feedback, showcasing its commitment to transparency and responsiveness to stakeholder needs. This practice not only fosters trust but also enhances its operational effectiveness.
No significant limitations were noted in the data reviewed, indicating that the Platte Institute is effectively managing its resources and maintaining strong community relations. Overall, the organization demonstrates a strong commitment to its mission and operational excellence.
This AI summary has been generated from information found on Charity Navigator.
Is Platte Institute For Economic Research Inc legitimate?
Platte Institute For Economic Research Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Platte Institute For Economic Research 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: $225,208
Professional Fundraising Fees: $0
Other Salaries and Wages: $512,211
For more financial information, click here
Official website here: www.platteinstitute.org
What is the mission statement of Platte Institute For Economic Research Inc?
The Platte Institute for Economic Research Inc's mission is centered around advocating for policies that eliminate barriers to economic growth and opportunities in Nebraska. Their primary goal is to create a fair and sustainable tax structure that supports economic development. They have successfully prevented over a billion dollars in tax increases and promoted legislation that reduces income taxes, property taxes, and inheritance taxes, among others. By doing so, Nebraska becomes a more attractive place for individuals to earn a living, own property, run a business, or retire.
Official website here: www.platteinstitute.org
Who is the CEO of Platte Institute For Economic Research Inc?
Jim Vokal is the Ceo of Platte Institute For Economic Research Inc. The CEO's salary of Platte Institute For Economic Research Inc is $202,721 and their total compensation is $225,208.
Official website here: www.platteinstitute.org
What is the revenue of Platte Institute For Economic Research Inc?
Platte Institute For Economic Research Inc's revenue in 2022 was $1,157,944.
Official website here: www.platteinstitute.org
Who are the executives of Platte Institute For Economic Research Inc and what are their salaries?
The average compensation at Platte Institute For Economic Research Inc during 2022 was $92,177. There are 8 employees and 16 volunteers at Platte Institute For Economic Research Inc.
Here are 18 key members and their salaries (Platte Institute For Economic Research Inc's CEO's salary is $202,721 and their total compensation is $225,208):
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Official website here: www.platteinstitute.org
Where can I find the form 990 for Platte Institute For Economic Research Inc?
Platte Institute For Economic Research Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.platteinstitute.org
Learn more at the official website: www.platteinstitute.org
Mission Statement of Platte Institute For Economic Research Inc
The Platte Institute for Economic Research Inc is dedicated to promoting policies that eliminate barriers to economic growth and opportunities in Nebraska. Their mission is centered around advocating for tax reforms that establish a straightforward, sustainable tax system that fosters economic expansion. They have played a significant role in thwarting over a billion dollars in tax increases and pushing legislation to decrease income taxes, property taxes, and inheritance taxes, among others. This has contributed to making Nebraska a more attractive destination for earning a salary, owning property, operating a business, or retiring.
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Impact
October, 2024
The Platte Institute For Economic Research Inc plays a significant role in shaping the economic landscape of Nebraska by advocating for policies that promote economic growth and opportunity. By focusing on tax reform, the organization aims to create a simpler and more sustainable tax structure.
Their efforts have been instrumental in preventing over $1 billion in tax increases, which reflects a proactive stance in protecting Nebraska taxpayers. They champion tax legislation that reduces income, property, and inheritance taxes, making the state more attractive for individuals looking to earn a paycheck, acquire property, start businesses, or enjoy retirement.
Through these initiatives, the Platte Institute not only advances fiscal responsibility but also fosters an environment that encourages economic development and enhances the quality of life for Nebraska residents.
This information is meant to be a general summary of Platte Institute For Economic Research 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $1,157,944
Assets and Liabilities:
- Total Assets: $547,175
- Total Liabilities: $222,933
- Net Assets: $324,242
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Organization Details
Founding Year
2007
Phone
(402) 452-3737Principal Officer
Jim Vokal
Main Address
6910 PACIFIC ST 216, OMAHA, NE, 68106
Website
www.platteinstitute.orgNTEE Category
Code: V22 - Social research
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