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Nonprofit · EIN 46-0468444

MIDWEST HOUSING INITIATIVES INC

Tax-exempt · LINCOLN, NE 68505

Financials

$2M$1.8M2023$2M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of MIDWEST HOUSING INITIATIVES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,989,925$1,428,251$561,674$11,062,492$5,466,965$5,595,527
December 31, 2023990$1,959,188$1,833,662$125,526$10,422,478$5,381,625$5,040,853
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$510,887
of which government grants
$435,887
Program service revenue
$1,007,155
Investment income
$29,768
Other revenue
$442,115

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$2,543
Accounting fees
$8,789
Occupancy
$315,374
Travel
$20,259
Depreciation
$475,664
Program services (functional)
$1,421,782
Management and general (functional)
$6,469

Balance sheet and other

Total assets, start of year
$10,422,478
Total assets, end of year
$11,062,492
Total liabilities, end of year
$5,466,965
Net assets, end of year
$5,595,527
Land, buildings and equipment
$5,238,546
Net assets without donor restrictions
$5,595,527
Gross receipts
$1,989,925
Employees
0
Year formed
2002
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
BEVERLY BRADLEYDIRECTOR
Trustee or director
–$0
NATE BURNETTDIRECTOR
Trustee or director
–$0
PAMELA FORSTERSECRETARY/TR
Trustee or director, Officer
–$0
MARK GRAHAMVICE-PRESIDE
Trustee or director, Officer
–$0
ANDY VAN HORNDIRECTOR
Trustee or director
–$0
COREY VANDEWEGEPRESIDENT
Trustee or director, Officer
–$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
BEVERLY BRADLEYDIRECTOR
Trustee or director
–$0
NATE BURNETTDIRECTOR
Trustee or director
–$0
PAMELA FORSTERSECRETARY/TR
Trustee or director, Officer
–$0
MARK GRAHAMVICE-PRESIDE
Trustee or director, Officer
–$0
ANDY VAN HORNDIRECTOR
Trustee or director
–$0
COREY VANDEWEGEPRESIDENT
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
8551 LEXINGTON AVE, LINCOLN, NE 68505-3076
Principal officer (990 for 2024)
COREY VANDEWEGE, 8551 LEXINGTON AVENUE, LINCOLN, NE 68505
Signed the 990
COREY VANDEWEGE, PRESIDENT
Phone
(402) 434-3344
Return prepared by
HERLEY & REINKE ACCOUNTING PC

Mission

HELP PROVIDE DEVELOPMENT OF LOW-INCOME HOUSING

990 for the year ended December 31, 2024

Program accomplishments

  • HELP PROVIDE DEVELOPMENT OF LOW-INCOME HOUSING
    Expenses $1,421,782 · revenue $1,007,155
  • HELP PROVIDE DEVELOPMENT OF LOW-INCOME HOUSING

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-0468444
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
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,062,492
Income (IRS master file)
$1,989,925

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,989,925$1,428,251$11,062,492XML
990December 2023$1,959,188$1,833,662$10,422,478XML
990December 2022$820,758$888,089$8,841,501IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 46-0468444).

Questions about MIDWEST HOUSING INITIATIVES INC

What is the EIN of MIDWEST HOUSING INITIATIVES INC?
The employer identification number (EIN) of MIDWEST HOUSING INITIATIVES INC is 46-0468444.
Is MIDWEST HOUSING INITIATIVES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to MIDWEST HOUSING INITIATIVES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MIDWEST HOUSING INITIATIVES INC 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 MIDWEST HOUSING INITIATIVES INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MIDWEST HOUSING INITIATIVES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MIDWEST HOUSING INITIATIVES INC?
The 990 for the year ended December 31, 2024 names COREY VANDEWEGE.
Who are the officers and directors of MIDWEST HOUSING INITIATIVES INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does MIDWEST HOUSING INITIATIVES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,989,925, expenses of $1,428,251 and total assets of $11,062,492 at year end.

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