Nonprofit · EIN 31-1543695
NEBRASKA ENTERPRISE FUND
Tax-exempt · OAKLAND, NE 68045
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,627,726 | $3,588,174 | $39,552 | $34,186,396 | $16,254,775 | $17,931,621 |
| June 30, 2024 | 990 | $11,655,778 | $4,836,569 | $6,819,209 | $27,532,011 | $9,707,313 | $17,824,698 |
| June 30, 2023 | 990 | $4,516,971 | $3,826,530 | $690,441 | $19,519,037 | $8,467,867 | $11,051,170 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,936,732
- Program service revenue
- $1,405,175
- Investment income
- $285,819
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $185,500
- Compensation of officers, directors and key employees
- $141,855
- Other salaries and wages
- $1,060,433
- Salaries, compensation and benefits (total)
- $1,577,908
- Professional fundraising fees
- $0
- Legal fees
- $154,194
- Accounting fees
- $43,602
- Occupancy
- $41,189
- Travel
- $54,537
- Depreciation
- $7,923
- Program services (functional)
- $3,291,739
- Management and general (functional)
- $275,728
- Fundraising (functional)
- $20,707
Balance sheet and other
- Total assets, start of year
- $27,532,011
- Total assets, end of year
- $34,186,396
- Total liabilities, end of year
- $16,254,775
- Net assets, end of year
- $17,931,621
- Land, buildings and equipment
- $16,409
- Publicly traded securities
- $2,404,207
- Net assets without donor restrictions
- $16,851,822
- Net assets with donor restrictions
- $1,079,799
- Gross receipts
- $3,627,726
- Employees
- 28
- Volunteers
- 0
- Year formed
- 1997
- State of legal domicile
- NE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES REIFF | EXECUTIVE DIRECTOR Officer | 40 | $141,855 |
| JOSEPH HODGES | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| BOBBI PETTIT | BOARD VICE CHAIR Trustee or director, Officer | 1 | $0 |
| DAVE WISE | TREASURER/SECRETARY Trustee or director, Officer | 1 | $0 |
| MICHAEL STOREY | MEMBER Trustee or director | 1 | $0 |
| EDDIE SITZMAN | MEMBER Trustee or director | 1 | $0 |
| MIA SILVA-LAUSTRUP | MEMBER Trustee or director | 1 | $0 |
| TALIA MCGILL | MEMBER Trustee or director | 1 | $0 |
| EMILY BLODGETT | MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES REIFF | EXECUTIVE DIRECTOR Officer | 40 | $141,855 |
| JOSEPH HODGES | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| ANDREW WILLIAMS | BOARD VICE CHAIR Trustee or director, Officer | 1 | $0 |
| DAVE WISE | TREASURER/SECRETARY Trustee or director, Officer | 1 | $0 |
| KENDALL SCHEER | MEMBER Trustee or director | 1 | $0 |
| NANCY WILLIAMS | MEMBER Trustee or director | 1 | $0 |
| BOBBI PETTIT | MEMBER Trustee or director | 1 | $0 |
| MICHAEL STOREY | MEMBER Trustee or director | 1 | $0 |
| EDDIE SITZMAN | MEMBER Trustee or director | 1 | $0 |
| RAMONE CALZADA | MEMBER Trustee or director | 1 | $0 |
| DAN MAUK | MEMBER Trustee or director | 1 | $0 |
| SHANNON FILING | MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES REIFF | EXECUTIVE DIRECTOR Officer | 40 | $124,088 | $16,522 |
| JOSEPH HODGES | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ANDREW WILLIAMS | BOARD VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DAVE WISE | TREASURER/SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| KENDALL SCHEER | MEMBER Trustee or director | 1 | $0 | $0 |
| NANCY WILLIAMS | MEMBER Trustee or director | 1 | $0 | $0 |
| BOBBI PETTIT | MEMBER Trustee or director | 1 | $0 | $0 |
| MICHAEL STOREY | MEMBER Trustee or director | 1 | $0 | $0 |
| EDDIE SITZMAN | MEMBER Trustee or director | 1 | $0 | $0 |
| RAMONE CALZADA | MEMBER Trustee or director | 1 | $0 | $0 |
| DAN MAUK | MEMBER Trustee or director | 1 | $0 | $0 |
| SHANNON FILING | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 330 N OAKLAND AVE, OAKLAND, NE 68045-1133
- In care of
- % ROSEMARY JASPERSEN
- Principal officer (990 for 2024)
- JAMES A REIFF, 330 N OAKLAND AVENUE, OAKLAND, NE 68045
- Signed the 990
- JAMES A REIFF, EXECUTIVE DIRECTOR
- Phone
- (402) 685-5500
- Website
- WWW.NEBBIZ.ORG
- Return prepared by
- HAYES & ASSOCIATES LLC
Mission
THE NEBRASKA ENTERPRISE FUND ENVISIONS A VIBRANT SMALL BUSINESS ECO-SYSTEM WHERE EVERY SMALL AND MICRO BUSINESS HAS THE OPPORTUNITY TO START, GROW AND PROSPER. THE NEBRASKA ENTERPRISE FUND SUPPORTS UNDERSERVED COMMUNITIES BY PROVIDING MICRO AND SMALL BUSINESSES WITH ACCESS TO TRAINING, TECHNICAL ASSISTANCE, AND CAPITAL.
Program accomplishments
- PROMOTE GROWTH OF SMALL BUSINESS AND MICRO ENTERPRISE PROGRAMS IN NEBRASKA AND SOUTHWEST IOWA, AND PROGRAMMING FOR VETERANS THROUGH THE VETERANS BUSINESS OUTREACH CENTER FOR ALL OF NEBRASKA AND IOWA, THROUGH TRAINING; TECHNICAL ASSISTANCE; PEER SUPPORT; RESEARCH AND PRODUCT DEVELOPMENT; CAPACITY BUILDING AND EVALUATION; AND SMALL BUSINESS LOANS OR CD GUARANTEES.Expenses $3,291,739 · grants $185,500 · revenue $1,320,045
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1543695
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $34,186,396
- Income (IRS master file)
- $3,627,726
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,627,726 | $3,588,174 | $34,186,396 | XML |
| 990 | June 2024 | $11,655,778 | $4,836,569 | $27,532,011 | XML |
| 990 | June 2023 | $4,516,971 | $3,826,530 | $19,519,037 | XML |
| 990 | June 2022 | $5,303,898 | $2,807,150 | $18,320,846 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1543695).
Questions about NEBRASKA ENTERPRISE FUND
- What is the EIN of NEBRASKA ENTERPRISE FUND?
- The employer identification number (EIN) of NEBRASKA ENTERPRISE FUND is 31-1543695.
- Is NEBRASKA ENTERPRISE FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to NEBRASKA ENTERPRISE FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEBRASKA ENTERPRISE FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEBRASKA ENTERPRISE FUND due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEBRASKA ENTERPRISE FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NEBRASKA ENTERPRISE FUND?
- The 990 for the year ended June 30, 2025 names JAMES A REIFF.
- Who are the officers and directors of NEBRASKA ENTERPRISE FUND?
- The 990 for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $141,855 (JAMES REIFF, EXECUTIVE DIRECTOR).
- How much revenue does NEBRASKA ENTERPRISE FUND have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,627,726, expenses of $3,588,174 and total assets of $34,186,396 at year end.
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