Overview
What is Omaha Development Foundation?
The Omaha Development Foundation is a nonprofit organization dedicated to revitalizing the Omaha metropolitan area. They strive to alleviate governmental burden and enhance welfare by generating profits from their initiatives and projects, which are then reinvested in the area's development. Their primary mission is to redevelop the Omaha metropolitan area, contributing to the betterment of the community as a whole.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Omaha Development Foundation has achieved a 94% rating from Charity Navigator, reflecting strong performance in accountability and finance. This high score, primarily based on a single beacon assessment, indicates that the organization operates with significant transparency and efficiency, which is crucial for donor trust and support.
Strengths of the foundation include its fully independent board, which consists of 100% independent members, ensuring unbiased governance. Additionally, the organization has a perfect score in critical areas such as financial statement reviews and the absence of material asset diversion. Their commitment to policies regarding conflict of interest, whistleblower protection, and document retention further enhances their credibility.
However, while the foundation's financial metrics are commendable, the summary does not provide insight into programmatic effectiveness or impact. Future evaluations could benefit from a more comprehensive assessment that includes outcomes related to the foundation's mission and the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Omaha Development Foundation legitimate?
Omaha Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Omaha Development Foundation 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.
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What is the mission statement of Omaha Development Foundation?
The Omaha Development Foundation's mission is centered around redeveloping the Omaha metropolitan area. This organization strives to enhance welfare and lessen the government's burden in the process. The foundation generates profits from its programs and projects, which are then utilized for the area's redevelopment efforts. In essence, the Omaha Development Foundation is dedicated to revitalizing its local community.
Who is the CEO of Omaha Development Foundation?
Heath Mello is the Principal Officer of Omaha Development Foundation.
What is the revenue of Omaha Development Foundation?
Omaha Development Foundation's revenue in 2022 was $754,695.
Who are the executives of Omaha Development Foundation and what are their salaries?
Here are 17 key members and their salaries:
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Where can I find the form 990 for Omaha Development Foundation?
Omaha Development Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Omaha Development Foundation
The Omaha Development Foundation is a nonprofit organization dedicated to the redevelopment of the Omaha metropolitan area. Their mission is multifaceted, aimed at promoting welfare and lessening the burden of government. The foundation achieves this by generating profits from its various programs and projects, which are then utilized for the betterment of the area. The primary focus of the Omaha Development Foundation is on the redevelopment of its local community, striving to create a more prosperous and vibrant metropolitan area.
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Impact
July, 2024
Omaha Development Foundation's impact lies in the revitalization and redevelopment of the Omaha metropolitan area. By spearheading various programs and projects, the organization is actively working towards the betterment of the community. The profits generated from these initiatives are channeled back into the area's redevelopment, creating a sustainable cycle of growth and improvement. Through its efforts, Omaha Development Foundation not only enhances the physical landscape of the city but also contributes to the overall welfare of its residents.
This information is meant to be a general summary of Omaha Development Foundation. 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.
- Investment Income: $16,701
- Gross Receipts: $754,695
Assets and Liabilities:
- Total Assets: $3,352,168
- Total Liabilities: $50,702
- Net Assets: $3,301,466
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Organization Details
Founding Year
1980
Phone
(402) 346-5000Principal Officer
Heath Mello
Main Address
808 CONAGRA DRIVE SUITE 400, OMAHA, NE, 68102
NTEE Category
Code: P40 - Human services
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