Form 990 for tax year 2023

Totals

Total revenue

$1,170,969

Total expenses

$1,238,467

Contributions and grants received

$238,438

Grants paid

$0

Program service revenue

$917,599

Investment income

$11,272

Other revenue

$3,660

Total assets, end of year

$4,047,720

Total liabilities, end of year

$1,222,608

Net assets or fund balances, end of year

$2,825,112

Program services expenses (Part IX)

$1,073,309

Management and general expenses

$164,321

Fundraising expenses

$837

Program service expenses (Part III)

$1,073,309

Program services were 86.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2023

• HABITAT OMAHA'S HOMEOWNERSHIP PROGRAM PROVIDES FIRST-TIME HOMEOWNERSHIP OPPORTUNITIES TO ECONOMICALLY DISADVANTAGED FAMILIES, WHOSE INCOME IS GENERALLY 30% TO 80% OF THE AREA MEDIAN. BY USING THE LABOR OF VOLUNTEERS AND PROSPECTIVE HOMEOWNERS, EMPLOYING EFFICIENT BUILDING METHODS, KEEPING HOUSE SIZES MODEST, AND USING DONATED CONSTRUCTION MATERIALS AND APPLIANCES, HABITAT OMAHA MAKES ITS HOUSES AFFORDABLE FOR LOW-INCOME FAMILIES TO PURCHASE. DURING 2023, INDIVIDUALS, CORPORATIONS, AND FAITH PARTNERS WORKED 42,554 VOLUNTEER HOURS TO HELP LOWER CONSTRUCTION LABOR AND BUILDING COSTS. ADDITIONALLY, HABITAT OMAHA HELPED FOUR SARPY COUNTY PARTNER FAMILIES ACHIEVE HOMEOWNERSHIP IN 2023. THERE IS A CRITICAL NEED FOR, AND SHORTAGE OF, AFFORDABLE HOUSING IN SARPY COUNTY AND IN MANY PARTS OF NEBRASKA. HABITAT OMAHA ADDRESSES THIS NEED BY BUILDING AND REVITALIZING NEIGHBORHOODS. AFFORDABLE HOMEOWNERSHIP HELPS CREATE THE CONDITIONS THAT FREE FAMILIES FROM INSTABILITY, STRESS AND FEAR AND ENCOURAGES SELF-RELIANCE AND CONFIDENCE. STUDIES SHOW THAT STRONG AND STABLE HOUSEHOLDS ARE FOUNDATIONAL TO CHILD DEVELOPMENT AND GROWTH. WHEN A HOME FOSTERS HEALTH AND SAFETY - INSTEAD OF HINDERS - FAMILIES CAN FLOURISH. OWNING AN AFFORDABLE HOME ALSO ALLOWS HOMEOWNERS TO LIFT UP THEIR ENTIRE FAMILY BY SAVING FOR THEIR FUTURES AND INVESTING IN EDUCATIONAL OPPORTUNITIES, BOLSTERING JOB OPPORTUNITIES AND LONG-TERM CAREER GROWTH.

  Expenses $1,006,274 · Revenue $865,191

• OUR HOME REPAIR PROGRAM IS AN OUTREACH INITIATIVE THAT SEEKS TO PROVIDE A WIDE RANGE OF OPPORTUNITIES FOR LOW-TO-MODERATE-INCOME HOMEOWNERS, INCLUDING VETERANS AND SENIORS, WHO ARE STRUGGLING TO MAINTAIN THEIR HOMES BECAUSE OF AGE, DISABILITY OR FAMILY CIRCUMSTANCES. WE PARTNER WITH FAMILIES TO HELP THEM RECLAIM THEIR HOMES WITH PRIDE AND DIGNITY. THE PROGRAM ALLOWS FAMILIES TO STAY IN THEIR HOME AND AVOID THE UNCERTAINTY, TRAUMA AND EXPENSE OF MOVING. PROJECTS CONSIST OF INTERIOR AND/OR EXTERIOR REPAIRS INTENDED TO ALLEVIATE CRITICAL HEALTH, LIFE AND SAFETY ISSUES OR CODE VIOLATIONS. VOLUNTEER TEAMS WORK ALONG WITH SUBCONTRACTORS UNDER THE DIRECTION OF HABITAT OMAHA STAFF MEMBERS TO COMPLETE THE REPAIRS. IN 2023, HABITAT OMAHA SERVED 5 LOCAL HOMEOWNERS, UNDER THIS PROGRAM.

  Expenses $38,275

• MORTGAGE DISCOUNTS

  Expenses $28,760 · Revenue $52,908

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• HABITAT FOR HUMANITY OF OMAHA INC

  501(C)(3) · AFFORDABLE HOMEOWNERSHIP · NE

• HABITAT OMAHA AFFORDABLE MORTGAGE SOLUTIONS INC

  501(C)(3) · MORTGAGE UNDERWRITING · NE

Provenance

Return type

form_990

Tax year

2023

Filed

30 September 2024

IRS schema version

2023v5.1

Source object

202442749349300104

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