Overview
What is Metropolitan Entertainment & Convention Authority?
The Metropolitan Entertainment & Convention Authority (MECA) is a nonprofit organization headquartered in Omaha, Nebraska, specifically at 455 N 10th Street, ZIP code 68102. MECA's primary objective is to alleviate government burdens by managing and operating government-owned convention, sports, and entertainment facilities in Omaha. These facilities include Chi Health Center Omaha, Charles Schwab Field Omaha, and The Riverfront. MECA's workforce comprises 655 employees, and their mission is to effectively run these facilities, providing relief to the government while catering to various events, sports, and entertainment in the area.
Official website here: www.omahameca.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 84%, Three-Star out of Four Star rating.
The Metropolitan Entertainment & Convention Authority has received a solid rating of 84%, indicating a strong commitment to accountability and financial transparency. The overall score reflects a successful emphasis on financial practices, with a perfect score in several categories, including independent board governance and the absence of material asset diversion. This is indicative of a well-managed organization focused on responsible stewardship of resources.
One of the standout strengths of this nonprofit is its high program expense ratio of 95.13%, which means that a significant portion of its expenditures is directed toward its core mission. Additionally, all board members are independent, enhancing the governance structure and ensuring unbiased decision-making. The organization has also established comprehensive policies, such as a conflict of interest policy and a whistleblower policy, which further reinforce its commitment to ethical practices.
However, the organization has room for improvement in its liabilities to assets ratio, which stands at 65.98%. This suggests a considerable amount of liabilities in relation to its assets, indicating potential financial stress that should be monitored. Overall, while the Metropolitan Entertainment & Convention Authority demonstrates strong accountability and effective governance, addressing its financial liabilities could further enhance its stability and performance.
This AI summary has been generated from information found on Charity Navigator.
Is Metropolitan Entertainment & Convention Authority legitimate?
Metropolitan Entertainment & Convention Authority is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metropolitan Entertainment & Convention Authority 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: $537,914
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,932,382
For more financial information, click here
Official website here: www.omahameca.com
What is the mission statement of Metropolitan Entertainment & Convention Authority?
The Metropolitan Entertainment & Convention Authority (MECA) is dedicated to easing the administrative burdens of the government by managing and operating convention, sports, and entertainment facilities. MECA's jurisdiction includes the operation of Chi Health Center Omaha, Charles Schwab Field Omaha, and The Riverfront. By assuming these responsibilities, MECA enables the government to focus on other important tasks, ultimately benefiting the community. The organization effectively utilizes its resources to maintain the facilities and provide top-notch services for various events. The mission of MECA is to efficiently manage and operate government-owned convention, sports, and entertainment facilities, thereby alleviating the government's burden and enhancing the public's experience.
Official website here: www.omahameca.com
Who is the CEO of Metropolitan Entertainment & Convention Authority?
Roger Dixon is the Chairwoman of Metropolitan Entertainment & Convention Authority. The CEO's salary of Metropolitan Entertainment & Convention Authority is $499,427 and their total compensation is $537,914.
Official website here: www.omahameca.com
What is the revenue of Metropolitan Entertainment & Convention Authority?
Metropolitan Entertainment & Convention Authority's revenue in 2022 was $136,073,148.
Official website here: www.omahameca.com
Who are the executives of Metropolitan Entertainment & Convention Authority and what are their salaries?
The average compensation at Metropolitan Entertainment & Convention Authority during 2022 was $11,405. There are 655 employees at Metropolitan Entertainment & Convention Authority.
Here are 12 key members and their salaries (Metropolitan Entertainment & Convention Authority's CEO's salary is $499,427 and their total compensation is $537,914):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $499,427
- Related: $0
- Other: $38,487
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $242,561
- Related: $0
- Other: $36,751
- Compensation: $128,480
- Related: $0
- Other: $24,418
- Compensation: $126,376
- Related: $0
- Other: $33,466
- Compensation: $212,156
- Related: $0
- Other: $24,769
- Compensation: $193,798
- Related: $0
- Other: $35,557
Official website here: www.omahameca.com
Where can I find the form 990 for Metropolitan Entertainment & Convention Authority?
Metropolitan Entertainment & Convention Authority's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.omahameca.com
Learn more at the official website: www.omahameca.com
Mission Statement of Metropolitan Entertainment & Convention Authority
Metropolitan Entertainment & Convention Authority (MECA) is a mission-driven organization dedicated to alleviating the burdens of government through the expert management and operation of convention, sports, and entertainment facilities in various locations. MECA's portfolio includes the management of Chi Health Center Omaha, Charles Schwab Field Omaha, and The Riverfront. By assuming this responsibility, MECA enables the government to focus on its core functions while ensuring the successful operation of these facilities.
The nonprofit's primary role is to oversee the day-to-day operations of these government-owned assets, which encompass a wide range of events and activities. From coordinating conventions and trade shows to managing sports venues and entertainment facilities, MECA's team of professionals ensures that each event runs smoothly and meets the highest standards of quality. Their unwavering commitment to excellence reflects positively on the government and the communities they serve.
In addition to managing these facilities, MECA plays a critical role in contributing to the local economy and fostering a vibrant cultural scene. By attracting large-scale events and conventions, MECA generates significant revenue for the region and creates job opportunities for local residents. Furthermore, their management of sports venues allows for the promotion of local teams and fosters a sense of community pride. Overall, Metropolitan Entertainment & Convention Authority's mission is to provide top-notch management and operation of government-owned facilities, thereby alleviating the burden on the government and enhancing the overall quality of life in the communities they serve.
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Impact
October, 2024
The Metropolitan Entertainment & Convention Authority (MECA) plays a significant role in the local economy and community life of Omaha, Nebraska. By managing and operating key venues such as the CHI Health Center Omaha, Charles Schwab Field Omaha, and the Riverfront, MECA contributes to the region's cultural vibrancy and economic development.
MECA's management of these facilities not only relieves governmental burdens but also enhances the overall experience for residents and visitors alike. The authority brings a diverse array of events, from sports and concerts to conventions, which boosts local tourism and promotes business opportunities. This influx of visitors supports local businesses, including hotels, restaurants, and retail shops, creating jobs and generating revenue for the city.
Additionally, MECA's operational efficiency and community-focused initiatives foster a sense of pride and connection among Omaha residents. By facilitating access to high-quality entertainment and convention services, MECA plays an integral role in community improvement, enhancing social interactions and contributing to the overall quality of life in the region. Overall, MECA's impact extends beyond the facilities it manages, influencing economic growth, community engagement, and cultural enrichment in Omaha.
This information is meant to be a general summary of Metropolitan Entertainment & Convention Authority. 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: $155,282
- Program Service Revenue: $38,293,683
- Gross Receipts: $136,073,148
Assets and Liabilities:
- Total Assets: $161,980,538
- Total Liabilities: $116,127,773
- Net Assets: $45,852,765
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD, BEVERAGE AND MERCHANDIS
Revenue
$18,592,920
SPONSORSHIP INCOME/SUITES
Revenue
$8,175,367
OTHER EVENT FEES
Revenue
$4,282,127
FACILITY RENT
Revenue
$2,101,747
PARKING FEES
Revenue
$1,983,384
Organization Details
Founding Year
1997
Phone
(402) 341-1500Principal Officer
Roger Dixon
Main Address
455 N 10TH STREET, OMAHA, NE, 68102
Website
www.omahameca.comNTEE Category
Code: S30 - Community improvement
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