Lincoln Haymarket Development Corp

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

EIN: 363372057 ✦ Lincoln, NE ✦ Designated as a 501(c)(3)

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Overview

What is Lincoln Haymarket Development Corp?

Lincoln Haymarket Development Corp is a nonprofit organization situated in Lincoln, Nebraska, specifically at 335 North 8th Street STE B. Their primary mission is to revitalize the historic Haymarket district economically, preserving its architectural and cultural heritage. They achieve this goal through a comprehensive process that involves protection, enhancement, and promotion of the district. The organization is renowned for hosting various events, such as Chocolate Lovers Fantasy, Holidays in the Haymarket, Breakfast with Santa, Euro Bike Night, and the Farmers Market, which contribute to the district's vitality and attractiveness. With a dedicated workforce of only two individuals, Lincoln Haymarket Development Corp plays a significant role in preserving and enriching the historic Haymarket district in Lincoln, Nebraska.


Official website here: www.lincolnhaymarket.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)

The Lincoln Haymarket Development Corp has received a Three-Star rating from Charity Navigator, indicating a moderate level of transparency and accountability. The organization’s overall score is derived entirely from its performance in the Accountability & Finance beacon, showcasing a strong commitment to maintaining an independent board and effective financial practices.

The organization scored perfectly for having a majority of independent board members and no material diversion of assets, which are positive indicators of governance. Additionally, its program expense ratio of 73.56% reflects a solid allocation of resources towards its mission-related activities. However, it is notable that the organization lacks certain policies, such as a conflict of interest policy and a whistleblower policy, which could be seen as areas for improvement.

While Lincoln Haymarket Development Corp demonstrates strengths in key accountability metrics, the absence of some governance policies may warrant attention to enhance its operational integrity. Overall, this nonprofit appears to be effectively managed, but addressing these limitations could further bolster its credibility and effectiveness in the community it serves.


This AI summary has been generated from information found on Charity Navigator.

Is Lincoln Haymarket Development Corp legitimate?

Lincoln Haymarket Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln Haymarket Development Corp 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: $73,823

For more financial information, click here


Official website here: www.lincolnhaymarket.org

What is the mission statement of Lincoln Haymarket Development Corp?

The Lincoln Haymarket Development Corporation is dedicated to revitalizing a historic district through a comprehensive and continuous process. This process involves protecting, enhancing, and promoting the district's architectural and cultural heritage. The organization's primary goal is to economically revitalize the district, and it achieves this by preserving historical buildings and promoting various activities within the area. These activities include events like Chocolate Lovers' Fantasy, Holidays in the Haymarket, Breakfast with Santa, Euro Bike Night, and the Farmers Market.


Official website here: www.lincolnhaymarket.org

Who is the CEO of Lincoln Haymarket Development Corp?

Steve Engel is the Director of Lincoln Haymarket Development Corp.


Official website here: www.lincolnhaymarket.org

What is the revenue of Lincoln Haymarket Development Corp?

Lincoln Haymarket Development Corp's revenue in 2022 was $97,939.


Official website here: www.lincolnhaymarket.org

Who are the executives of Lincoln Haymarket Development Corp and what are their salaries?

The average compensation at Lincoln Haymarket Development Corp during 2022 was $36,912. There are 2 employees and 40 volunteers at Lincoln Haymarket Development Corp.


Here are 18 key members and their salaries:


Stacy Clouse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Wasko (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aj Matthies (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Bateman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Weeks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angie Tucci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Reisinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Woodruff-Felker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Zielinski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Gifford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Cunningham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katy Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aja Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Engel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Petersen (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Gifford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Ehmke (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Devon Wegner (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lincolnhaymarket.org

Where can I find the form 990 for Lincoln Haymarket Development Corp?

Lincoln Haymarket Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lincolnhaymarket.org

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

Mission Statement of Lincoln Haymarket Development Corp

Lincoln Haymarket Development Corporation is dedicated to revitalizing the economic standing of Lincoln's historic Haymarket District. Through a comprehensive and ongoing process, the organization works to safeguard, enhance, and promote the district's architectural and cultural heritage. By protecting historical buildings and facilitating activities within the Haymarket, Lincoln Haymarket Development Corporation aims to preserve the district's rich history and attract visitors to the area.

Some of the activities promoted by Lincoln Haymarket Development Corporation include Chocolate Lovers Fantasy, Holidays in the Haymarket, Breakfast with Santa, Euro Bike Night, and the Farmers Market. These events not only celebrate the district's heritage but also contribute to its economic growth. By attracting tourists and locals alike, these events help to boost local businesses and create a vibrant and thriving community within the Haymarket District. Overall, Lincoln Haymarket Development Corporation plays a crucial role in preserving the district's history while promoting economic growth and cultural exchange.

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Impact




October, 2024

Lincoln Haymarket Development Corp plays a crucial role in revitalizing the historic Haymarket District in Lincoln, Nebraska. By focusing on the economic enhancement of the area, the organization actively works to protect and promote its unique architectural and cultural heritage. This commitment manifests through the preservation of historical buildings, which not only maintains the aesthetic character of the district but also fosters a sense of community and identity.

Additionally, the organization facilitates various events and activities, such as Chocolate Lovers Fantasy, Holidays in the Haymarket, Breakfast with Santa, Euro Bike Night, and the Farmers Market. These initiatives not only draw visitors to the area but also stimulate local businesses and encourage community engagement. Overall, their efforts significantly contribute to the economic revitalization and cultural vibrancy of Lincoln's Haymarket District, making it a lively hub for both residents and tourists.




This information is meant to be a general summary of Lincoln Haymarket Development Corp. 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
$97,939 (2022)
Expenses
$115,425 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $839
  • Gross Receipts: $130,348

Assets and Liabilities:

  • Total Assets: $240,392
  • Total Liabilities: $3,404
  • Net Assets: $236,988

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Organization Details

Founding Year

1985

Principal Officer

Steve Engel

Main Address

335 NORTH 8TH STREET STE B, LINCOLN, NE, 68508

NTEE Category

Code: S31 - Community improvement

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