Nonprofit · EIN 36-3801219
NEBRASKA PRESS ASSOCIATION FOUNDATION
Tax-exempt · LINCOLN, NE 68508
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $516,407 | $97,750 | $418,657 | $828,888 | $7,500 | $821,388 |
| December 31, 2024 | 990 | $60,213 | $70,682 | -$10,469 | $422,144 | $19,413 | $402,731 |
| December 31, 2023 | 990 | $91,836 | $82,252 | $9,584 | $413,200 | $0 | $413,200 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $119,446
- Program service revenue
- $0
- Investment income
- $393,426
- Net gain from sales of assets
- $371,526
- Other revenue
- $3,535
Expenses
- Grants and similar amounts paid
- $82,750
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $800
- Program services (functional)
- $89,686
- Management and general (functional)
- $8,064
Balance sheet and other
- Total assets, start of year
- $422,144
- Total assets, end of year
- $828,888
- Total liabilities, end of year
- $7,500
- Net assets, end of year
- $821,388
- Publicly traded securities
- $708,696
- Net assets without donor restrictions
- $85,144
- Net assets with donor restrictions
- $736,244
- Gross receipts
- $634,231
- Employees
- 0
- Year formed
- 1991
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| DENNIS DEROSSETT | EXECUTIVE DI Officer | 1 | $0 | $123,923 |
| GERRI PETERSON | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| AMY JOHNSON | SECRETARY-TR Trustee or director, Officer | 1 | $0 | $0 |
| JIM DICKERSON | PAST PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
| NATHAN ARNEAL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DARRAN FOWLER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARCIA HORA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KEVIN PETERSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM DICKERSON | PRESIDENT Trustee or director, Officer | 1 | $0 |
| PEGGY YEAR | SECRETARY Trustee or director, Officer | 1 | $0 |
| GERRI PETERSON | TREASURER Trustee or director, Officer | 1 | $0 |
| ROD WORRELL | PAST PRESIDE Trustee or director, Officer | 1 | $0 |
| AMY JOHNSON | TRUSTEE Trustee or director | 1 | $0 |
| NATHAN ARNEAL | TRUSTEE Trustee or director | 1 | $0 |
| DARRAN FOWLER | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM DICKERSON | PRESIDENT Trustee or director, Officer | 1 | $0 |
| PEGGY YEAR | SECRETARY Trustee or director, Officer | 1 | $0 |
| GERRI PETERSON | TREASURER Trustee or director, Officer | 1 | $0 |
| ROD WORRELL | PAST PRESIDE Trustee or director, Officer | 1 | $0 |
| AMY JOHNSON | TRUSTEE Trustee or director | 1 | $0 |
| NATHAN ARNEAL | TRUSTEE Trustee or director | 1 | $0 |
| DARRAN FOWLER | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 845 S ST, LINCOLN, NE 68508-1226
- Principal officer (990 for 2025)
- DENNIS DEROSSETT, 845 S STREET, LINCOLN, NE 68508
- Signed the 990
- DENNIS DEROSSETT, EXECUTIVE DIRECTOR
- Phone
- (402) 476-2851
- Return prepared by
- DANA F COLE & COMPANY LLP
Mission
PROMOTE JOURNALISM IN NEBRASKA THROUGH SCHOLARSHIPS, AWARDS FOR EXCELLENCE IN JOURNALISM AND SUPPORT FOR JOURNALISM PROGRAMS.
Program accomplishments
- PROVIDE SCHOLARSHIPS AND GRANTS TO STUDENTS AND INDIVIDUALS IN JOURNALISM, JOURNALISM SCHOOLS AND PROMOTE THE NEWSPAPER INDUSTRY IN NEBRASKA.Expenses $89,686 · grants $82,750
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 36-3801219
- 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
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99Z)
- Assets (IRS master file)
- $828,888
- Income (IRS master file)
- $634,231
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $516,407 | $97,750 | $828,888 | XML |
| 990 | December 2024 | $60,213 | $70,682 | $422,144 | XML |
| 990 | December 2023 | $91,836 | $82,252 | $413,200 | XML |
| 990 | December 2022 | $66,831 | $51,026 | $403,616 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 36-3801219).
Questions about NEBRASKA PRESS ASSOCIATION FOUNDATION
- What is the EIN of NEBRASKA PRESS ASSOCIATION FOUNDATION?
- The employer identification number (EIN) of NEBRASKA PRESS ASSOCIATION FOUNDATION is 36-3801219.
- Is NEBRASKA PRESS ASSOCIATION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to NEBRASKA PRESS ASSOCIATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEBRASKA PRESS ASSOCIATION FOUNDATION 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 PRESS ASSOCIATION FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEBRASKA PRESS ASSOCIATION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NEBRASKA PRESS ASSOCIATION FOUNDATION?
- The 990 for the year ended December 31, 2025 names DENNIS DEROSSETT.
- Who are the officers and directors of NEBRASKA PRESS ASSOCIATION FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does NEBRASKA PRESS ASSOCIATION FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $516,407, expenses of $97,750 and total assets of $828,888 at year end.
Other nonprofits in LINCOLN
- UNIVERSITY OF NEBRASKA FOUNDATION EIN 47-0379839 · last filed 990 for 2025
- NEBRASKA WESLEYAN UNIVERSITY EIN 47-0376524 · last filed 990 for 2025
- GEORGE STONE ADVENTIST SCHOOL EIN 47-0405319 · last filed 990 for 2025
- INCEPTIA EIN 92-0907062 · last filed 990 for 2025
- NEBRASKA STUDENT LOAN PROGRAM INC EIN 36-3514573 · last filed 990 for 2025
- FOUNDATION FOR EDUCATIONAL FUNDING EIN 31-1777710 · last filed 990 for 2025
- OPPORTUNITY SCHOLARSHIPS OF NEBRASKA EIN 93-2008470 · last filed 990 for 2025
- SOUTHEAST COMMUNITY COLLEGE EDUCATIONAL FDN EIN 51-0168407 · last filed 990 for 2025