Skip to content
Nonprofiteer
← HERITAGE SERVICES

Form 990 for tax year 2023

Filed by HERITAGE SERVICES.

Totals

Total revenue
$1,622,877
Total expenses
$1,119,203
Contributions and grants received
$525,000
Grants paid
$0
Program service revenue
$966,667
Investment income
$121,210
Other revenue
$10,000
Total assets, end of year
$6,066,035
Total liabilities, end of year
$157,446
Net assets or fund balances, end of year
$5,908,589
Program services expenses (Part IX)
$829,295
Management and general expenses
$289,908
Fundraising expenses
$0
Program service expenses (Part III)
$829,295

Program services were 74.1% 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.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $525,000

  • 2a · Program service revenue: CONSULTING INCOME

    total $966,667 · excluded $966,667

  • 3 · Investment income

    total $121,210 · excluded $121,210

  • 11a · Other revenue: REIMBURSEMENT FOR PROJECT EXPENSE

    total $10,000 · excluded $10,000

  • 11e · Other revenue, total

    $10,000

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $658,320 · program services $658,320

  • 7 · Other salaries and wages

    total $184,122 · program services $15,634 · management and general $168,488

  • 16 · Occupancy

    total $93,573 · program services $66,437 · management and general $27,136

  • 24a · Other expenses: ADMINISTRATIVE EXPENSES

    total $166,312 · program services $72,686 · management and general $93,626

  • 24b · Other expenses: SPECIAL EVENTS

    total $16,218 · program services $16,218

  • 24c · Other expenses: BANK FEES

    total $658 · management and general $658

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $90,204 · end of year $125,448

  • 2 · Savings and temporary cash investments

    beginning of year $954,382 · end of year $1,439,249

  • 4 · Accounts receivable

    beginning of year $500,000 · end of year $116,667

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,274 · end of year $21,193

  • 10a · Land, buildings and equipment: cost or other basis

    $122,200

  • 10b · Land, buildings and equipment: accumulated depreciation

    $68,788

  • 10c · Land, buildings and equipment, net

    beginning of year $49,416 · end of year $53,412

  • 11 · Investments: publicly traded securities

    beginning of year $3,218,416 · end of year $4,178,419

  • 15 · Other assets

    beginning of year $208,154 · end of year $131,647

  • 17 · Accounts payable and accrued expenses

    beginning of year $43,955 · end of year $63,047

  • 25 · Other liabilities

    beginning of year $178,941 · end of year $94,399

  • 27 · Net assets without donor restrictions

    beginning of year $4,739,950 · end of year $5,658,589

  • 28 · Net assets with donor restrictions

    beginning of year $65,000 · end of year $250,000

Mission and programs · 2023

Mission

HERITAGE SERVICES IS COMMITTED TO DEVELOPING IMPACTFUL PHILANTHROPIC PROJECTS DESIGNED TO ENRICH THE OMAHA COMMUNITY. HERITAGE SERVICES IDENTIFIES SUBSTANTIAL NEEDS OR OPPORTUNITIES WITH HIGH COMMUNITY IMPACT AND SUPPORTS THE REALIZATION OF VIABLE AND SUSTAINABLE CIVIC PROJECTS. HERITAGE WAS INVOLVED IN THE FUNDRAISING AND CAMPAIGN MANAGEMENT OF CERTAIN PROJECTS IN 2021 AND 2022 INCLUDING A NEW SCIENCE CENTER, THE KIEWIT LUMINARIUM, IN DOWNTOWN OMAHA.

Activities or mission (Part I)

HERITAGE SERVICES IS A NONPROFIT COMMITTED TO DEVELOPING IMPACTFUL PHILANTHROPIC PROJECTS DESIGNED TO ENRICH THE OMAHA COMMUNITY. HERITAGE SERVICES IDENTIFIES SUBSTANTIAL NEEDS OR OPPORTUNITIES WITH HIGH COMMUNITY IMPACT AND SUPPORTS THE REALIZATION OF VIABLE AND SUSTAINABLE CIVIC PROJECTS.

  • HERITAGE SERVICES INCURS CERTAIN OPERATING COSTS IN CONNECTION WITH FULFILLING ITS MISSION OF FUNDRAISING AND MANAGEMENT OF NONPROFIT PROJECTS IN THE OMAHA METROPOLITAN AREA. THESE COSTS INCLUDE CERTAIN SALARIES AND BENEFITS, AND CERTAIN OPERATING AND OFFICE EXPENSES.

    Expenses $829,295

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

Listed in Part VII

  • Rachel Jacobson

    PRESIDENT

    Total calculated
    $310,300
    From this org
    $290,000
    From related orgs
    $0
    Other
    $20,300
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $290,000
    Bonus
    $0
    Other
    $0
    Deferred
    $20,300
    Nontaxable benefits
    $0
    Filer's total
    $310,300

  • Jennifer Callahan

    TREASURER/CONTROLLER

    Total calculated
    $61,027
    From this org
    $61,027
    From related orgs
    $0
    Other
    $0
    Hours/week
    10 + 5 related

  • Michael R McCarthy

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    5

  • Mogens C Bay

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1.5

  • Daniel Waters

    SECRETARY

    Total calculated
    $0
    Hours/week
    1.5

  • Susan A Buffett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • W Gary Gates

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Bruce E Grewcock

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Howard L Hawks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Scott C Heider

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • John J Koraleski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Bruce R Lauritzen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Karen Linder

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Dianne Seeman Lozier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • D David Slosburg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Kenneth E Stinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Ranae Keckeisen

    VICE PRESIDENT

    Total calculated
    $163,900
    From this org
    $148,470
    From related orgs
    $0
    Other
    $15,430
    Hours/week
    10

    Schedule J breakdown matched by us

    Base
    $148,470
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $15,430
    Filer's total
    $163,900

  • Tammy Roza

    DIRECTOR OF OPERATIONS

    Total calculated
    $123,094
    From this org
    $119,480
    From related orgs
    $0
    Other
    $3,614
    Hours/week
    40

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

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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.

Provenance

Return type
form_990
Tax year
2023
Filed
3 July 2024
IRS schema version
2023v5.1
Source object
202421909349300647

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.