Omaha Philanthropic Trust

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

EIN: 842566854 ✦ Omaha, NE ✦ Designated as a 501(c)(3)

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Overview

What is Omaha Philanthropic Trust?

Omaha Philanthropic Trust is a nonprofit organization situated in Omaha, Nebraska, specifically at 10340 North 84th Street. Their primary mission is to contribute to the betterment of the Omaha metropolitan community. They achieve this by offering fundraising assistance to public and charitable institutions, as well as providing support for the construction of facilities that align with their goal. In the process, they incur certain operational expenses, including salaries, benefits, and other operating costs. With a relatively small workforce of two individuals, they strive to make a significant impact in their local community.

Is Omaha Philanthropic Trust legitimate?

Omaha Philanthropic Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Omaha Philanthropic Trust 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: $323,461
Professional Fundraising Fees: $0
Other Salaries and Wages: $73,135

For more financial information, click here

What is the mission statement of Omaha Philanthropic Trust?

The Omaha Philanthropic Trust's mission is centered around improving the well-being of the local community. It accomplishes this by offering fundraising assistance to public and charitable institutions and aiding in the construction of facilities that contribute to this objective. The trust's primary goal is to help these institutions achieve their objectives, thereby enhancing the community's general welfare. The organization also incurs operational costs, such as salaries and expenses, in order to provide these services effectively.

Who is the CEO of Omaha Philanthropic Trust?

Susan Morris is the Principal Officer of Omaha Philanthropic Trust.

What is the revenue of Omaha Philanthropic Trust?

Omaha Philanthropic Trust's revenue in 2022 was $68,828.

Who are the executives of Omaha Philanthropic Trust and what are their salaries?

The average compensation at Omaha Philanthropic Trust during 2022 was $198,298. There are 2 employees at Omaha Philanthropic Trust.


Here are 4 key members and their salaries:


Susan L Morris (President)
  • Compensation: $300,865
  • Related: $0
  • Other: $22,595
Jennifer Callahan (Treasurer)
  • Compensation: $19,655
  • Related: $2,210
  • Other: $0
Ce Heaney Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine French (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Omaha Philanthropic Trust?

Omaha Philanthropic Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Omaha Philanthropic Trust

Omaha Philanthropic Trust is an organization dedicated to improving the well-being of its local community. Its mission is to achieve this goal by offering fundraising support to various public and charitable institutions. Additionally, the trust assists in the construction of facilities that contribute to this objective. By providing these services, Omaha Philanthropic Trust aims to enhance the general welfare of its metropolitan community, thus fulfilling its mission effectively. The trust incurs certain operational costs, including salaries and benefits, and other operating expenses, as it works towards achieving its mission of supporting nonprofit organizations.

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Impact




October, 2024

Omaha Philanthropic Trust significantly enhances the welfare of the Omaha metropolitan community through targeted fundraising support and project management for public and charitable institutions. By mobilizing resources and financing the construction of essential facilities, the Trust fosters community development and improves access to vital services in the region. Its initiatives not only support various nonprofits but also contribute to the cultural and social landscape of Omaha, particularly within the arts sector. Through these efforts, the Trust plays a crucial role in building a stronger, more vibrant community that benefits all residents.




This information is meant to be a general summary of Omaha Philanthropic Trust. 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
$68,828 (2022)
Expenses
$1,489,143 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,828
  • Program Service Revenue: $60,000
  • Gross Receipts: $68,828

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

Consulting Revenue

Revenue

$60,000

Organization Details

Founding Year

2019

Principal Officer

Susan Morris

Main Address

10340 North 84th Street, Omaha, NE, 68122

NTEE Category

Code: A12 - Arts

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