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← HABITAT OMAHA AFFORDABLE MORTGAGE SOLUTIONS INC

Form 990 for tax year 2025

Filed by HABITAT OMAHA AFFORDABLE MORTGAGE SOLUTIONS INC.

Totals

Total revenue
$7,136,052
Total expenses
$1,459,923
Contributions and grants received
$5,015,692
Grants paid
$0
Program service revenue
$891,002
Investment income
$1,229,358
Other revenue
$0
Total assets, end of year
$56,894,672
Total liabilities, end of year
$40,201,847
Net assets or fund balances, end of year
$16,692,825
Program services expenses (Part IX)
$1,387,923
Management and general expenses
$72,000
Fundraising expenses
$0
Program service expenses (Part III)
$1,387,923

Program services were 95.1% 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.

  • 1e · Government grants (contributions)

    $12,450

  • 1f · All other contributions, gifts and grants

    $5,003,242

  • 1g · Noncash contributions included above

    $59,000

  • 2a · Program service revenue: MORTGAGE UNDERWRITING

    total $846,824 · related or exempt $846,824

  • 2b · Program service revenue: MORTGAGE LOAN DISCOUNT

    total $44,178 · related or exempt $44,178

  • 3 · Investment income

    total $1,229,358 · related or exempt $1,229,358

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $451,162 · program services $451,162

  • 8 · Pension plan contributions

    total $10,758 · program services $10,758

  • 9 · Other employee benefits

    total $59,504 · program services $59,504

  • 10 · Payroll taxes

    total $32,611 · program services $32,611

  • 11c · Fees: accounting

    total $13,000 · program services $13,000

  • 11g · Fees: other

    total $30,199 · program services $30,199

  • 13 · Office expenses

    total $6,033 · program services $6,033

  • 14 · Information technology

    total $47,510 · program services $47,510

  • 16 · Occupancy

    total $72,000 · management and general $72,000

  • 17 · Travel

    total $1,206 · program services $1,206

  • 19 · Conferences, conventions and meetings

    total $1,700 · program services $1,700

  • 20 · Interest

    total $650,977 · program services $650,977

  • 24a · Other expenses: CREDIT LOSS EXP. CECL

    total $50,000 · program services $50,000

  • 24b · Other expenses: MORTGAGE ASSISTANCE

    total $25,393 · program services $25,393

  • 24c · Other expenses: MISCELLANEOUS

    total $7,870 · program services $7,870

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $149,850 · end of year $150,000

  • 2 · Savings and temporary cash investments

    beginning of year $8,953,356 · end of year $9,474,566

  • 4 · Accounts receivable

    beginning of year $835,160 · end of year $153,802

  • 7 · Other notes and loans receivable

    beginning of year $33,257,237 · end of year $47,116,204

  • 15 · Other assets

    beginning of year $0 · end of year $100

  • 17 · Accounts payable and accrued expenses

    beginning of year $393,250 · end of year $349,571

  • 23 · Secured mortgages and notes payable

    beginning of year $26,918,711 · end of year $35,364,519

  • 25 · Other liabilities

    beginning of year $4,866,946 · end of year $4,487,757

  • 27 · Net assets without donor restrictions

    beginning of year $5,349,442 · end of year $11,528,825

  • 28 · Net assets with donor restrictions

    beginning of year $5,667,254 · end of year $5,164,000

Mission and programs · 2025

Mission

TO SUPPORT AND PROMOTE HOME OWNERSHIP BY PROVIDING AFFORDABLE MORTGAGE FINANCING TO LOW-INCOME FAMILIES, WITH A FOCUS IN THE GREATER OMAHA AND LINCOLN METRO, FREMONT NEBRASKA AND COUNCIL BLUFFS IOWA.

Activities or mission (Part I)

PROVIDE AFFORDABLE HOME MORTGAGE FINANCING TO LOW-INCOME FAMILIES.

  • HABITAT OMAHA AFFORDABLE MORTGAGE SOLUTIONS, INC (HOAMS) UNDERWRITES ORIGINATES AND CLOSES MORTGAGES AT AN AFFORDABLE INTEREST RATE FOR LOW-INCOME FAMILIES. HOAMS SUCCESSFULLY CLOSED 104 MORTGAGES DURING 2025, TOTALING $23.0MM. AVERAGE AMI FOR THESE MORTGAGEES WAS 65%. DURING 2023 HOAMS BECAME CERTIFIED AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI). DESIGNATION AS A CDFI AFFIRMS OUR COMMITMENT TO SERVING THE NEEDS OF LOW-INCOME INDIVIDUALS IN OUR COMMUNITY BY CREATING FINANCIAL SELF-SUFFICIENCY AND STABILITY THROUGH HOUSING.

    Expenses $1,387,923 · Revenue $2,120,360

As filed on the 2025 return.

Listed in Part VII

  • Amanda Brewer

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $313,660
    From this org
    $0
    From related orgs
    $301,726
    Other
    $11,934
    Hours/week
    7 + 33 related

    Schedule J breakdown matched by us

    Base
    $0 + $245,848 related
    Bonus
    $0 + $55,878 related
    Other
    $0
    Deferred
    $0 + $8,390 related
    Nontaxable benefits
    $0 + $3,544 related
    Filer's total
    $0 + $313,660 related

  • Christine Tjelmeland

    CHIEF FINANCIAL OFFICER

    Total calculated
    $256,304
    From this org
    $0
    From related orgs
    $232,637
    Other
    $23,667
    Hours/week
    8 + 32 related

    Schedule J breakdown matched by us

    Base
    $0 + $196,507 related
    Bonus
    $0 + $36,130 related
    Other
    $0
    Deferred
    $0 + $6,104 related
    Nontaxable benefits
    $0 + $17,563 related
    Filer's total
    $0 + $256,304 related

  • Tracie McPherson

    CHIEF COMMUNICATIONS OFFIC

    Total calculated
    $220,876
    From this org
    $0
    From related orgs
    $173,721
    Other
    $47,155
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $145,440 related
    Bonus
    $0 + $28,281 related
    Other
    $0
    Deferred
    $0 + $5,650 related
    Nontaxable benefits
    $0 + $41,505 related
    Filer's total
    $0 + $220,876 related

  • Lacey Studnicka

    CHIEF PROGRAM OFFICER

    Total calculated
    $195,084
    From this org
    $0
    From related orgs
    $182,735
    Other
    $12,349
    Hours/week
    6 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $155,043 related
    Bonus
    $0 + $27,692 related
    Other
    $0
    Deferred
    $0 + $5,114 related
    Nontaxable benefits
    $0 + $7,235 related
    Filer's total
    $0 + $195,084 related

  • John Haske

    CHIEF DEVELOPMENT OFFICER

    Total calculated
    $263,826
    From this org
    $0
    From related orgs
    $231,359
    Other
    $32,467
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $195,204 related
    Bonus
    $0 + $36,155 related
    Other
    $0
    Deferred
    $0 + $7,109 related
    Nontaxable benefits
    $0 + $25,358 related
    Filer's total
    $0 + $263,826 related

  • Janneane Gerot

    CHIEF OF STAFF

    Total calculated
    $168,872
    From this org
    $0
    From related orgs
    $154,928
    Other
    $13,944
    Hours/week
    5 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $134,000 related
    Bonus
    $0 + $20,928 related
    Other
    $0
    Deferred
    $0 + $4,648 related
    Nontaxable benefits
    $0 + $9,296 related
    Filer's total
    $0 + $168,872 related

  • Joanna Wright

    DIRECTOR OF PROGRAM OPERATIONS

    Total calculated
    $122,394
    From this org
    $0
    From related orgs
    $111,873
    Other
    $10,521
    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
2025
Filed
21 September 2026
IRS schema version
2025v4.2
Source object
202632649349300923

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