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Nonprofit · EIN 46-0469145

INVEST NEBRASKA CORP

Tax-exempt · LINCOLN, NE 68508

Financials

$9.8M$2.2M2023$7.2M$2.8M2024$15M$4M2025
Revenue Expenses · by fiscal year end
Financials of INVEST NEBRASKA CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$15,040,538$4,013,007$11,027,531$91,641,786$839,786$90,802,000
December 31, 2024990$7,234,005$2,826,941$4,407,064$66,318,312$729,458$65,588,854
December 31, 2023990$9,811,517$2,169,256$7,642,261$61,578,632$575,515$61,003,117
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$11,013,315
of which government grants
$10,861,628
Program service revenue
$119,511
Investment income
$3,708,125
Net gain from sales of assets
$2,998,268
Other revenue
$199,587

Expenses

Grants and similar amounts paid
$45,394
Compensation of officers, directors and key employees
$397,731
Other salaries and wages
$719,078
Salaries, compensation and benefits (total)
$1,348,523
Professional fundraising fees
$0
Legal fees
$12,969
Accounting fees
$47,501
Occupancy
$231,746
Travel
$59,460
Depreciation
$8,135
Program services (functional)
$3,727,082
Management and general (functional)
$285,925

Balance sheet and other

Total assets, start of year
$66,318,312
Total assets, end of year
$91,641,786
Total liabilities, end of year
$839,786
Net assets, end of year
$90,802,000
Land, buildings and equipment
$16,956
Publicly traded securities
$710,610
Net assets without donor restrictions
$1,071,055
Net assets with donor restrictions
$89,730,945
Gross receipts
$16,998,353
Employees
13
Volunteers
9
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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DAN HOFFMANCEO
Officer
51$246,701$151,030
BEN WILLIAMSONINVESTMENT MANAGER
Highest-paid employee
42$234,576$23,458
SHELBY STRATTANINVESTMENT MANAGER
Highest-paid employee
44$114,715$75,359
PHIL BAKKENTREASURER
Trustee or director, Officer
0.5$0$0
JOHN STINNERDIRECTOR
Trustee or director
0.5$0$0
VISHAL SINGHDIRECTOR
Trustee or director
0.5$0$0
STEVE GANGWISHDIRECTOR
Trustee or director
0.5$0$0
CRAIG TUTTLEDIRECTOR
Trustee or director
0.5$0$0
COURTNEY DENTLINGERDIRECTOR
Trustee or director
0.5$0$0
DANIEL PADILLADIRECTOR
Trustee or director
0.5$0$0
JOSEPH FOX EX-OFFICIONON-VOTINGDIRECTOR
Trustee or director
0.5$0$0
KRISTIN HASSEBROOKDIRECTOR
Trustee or director
0.5$0$0
JASMINE KINGSEYSECRETARY
Trustee or director, Officer
0.5$0$0
DONNA KUSHCHAIRMAN
Trustee or director, Officer
0.5$0$0
AMY JOHNSONDIRECTOR
Trustee or director
0.5$0$0
990 for the year ended December 31, 2024: 14 people
NameTitleHours / weekCompensationOther / benefits
DAN HOFFMANDIRECTOR
Officer
43$216,700$80,422
BEN WILLIAMSONDIRECTOR
Highest-paid employee
42$193,640$36,501
JOSEPH YOUNGTREASURER
Trustee or director, Officer
0.5$0$0
PHIL BAKKENCHAIRMAN
Trustee or director, Officer
0.5$0$0
AMY JOHNSONDIRECTOR
Trustee or director
0.5$0$0
VISHAL SINGHDIRECTOR
Trustee or director
0.5$0$0
STEVE GANGWISHDIRECTOR
Trustee or director
0.5$0$0
CRAIG TUTTLEDIRECTOR
Trustee or director
0.5$0$0
COURTNEY DENTLINGERDIRECTOR
Trustee or director
0.5$0$0
DANIEL PADILLADIRECTOR
Trustee or director
0.5$0$0
JOSEPH FOX EX-OFFICIONON-VOTINGDIRECTOR
Trustee or director
0.5$0$0
KRISTIN HASSEBROOKDIRECTOR
Trustee or director
0.5$0$0
JASMINE KINGSEYDIRECTOR
Trustee or director
0.5$0$0
DONNA KUSHSECRETARY
Trustee or director, Officer
0.5$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
DAN HOFFMANDIRECTOR
Officer
51$210,228$21,023
BEN WILLIAMSONDIRECTOR
Highest-paid employee
44$184,800$31,642
JOSEPH YOUNGDIRECTOR
Trustee or director
0.5$0$0
PHIL BAKKENCHAIRMAN
Trustee or director, Officer
0.5$0$0
AMY JOHNSONDIRECTOR
Trustee or director
0.5$0$0
VISHAL SINGHDIRECTOR
Trustee or director
0.5$0$0
DONNA KUSHSECRETARY
Trustee or director, Officer
0.5$0$0
CRAIG TUTTLEDIRECTOR
Trustee or director
0.5$0$0
CHRIS ROTHTREASURER
Trustee or director, Officer
0.5$0$0
DANIEL PADILLADIRECTOR
Trustee or director
0.5$0$0
JOSEPH FOX EX-OFFICIONON-VOTINGDIRECTOR
Trustee or director
0.5$0$0
KRISTIN HASSEBROOKDIRECTOR
Trustee or director
0.5$0$0
JASMINE KINGSEYDIRECTOR
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
801 R ST STE 1, LINCOLN, NE 68508-1317
Principal officer (990 for 2025)
DAN HOFFMAN, 801 R ST STE 1, LINCOLN, NE 685081317
Signed the 990
DAN HOFFMAN, CHIEF EXECUTIVE OFFICER
Phone
(402) 742-7860
Return prepared by
HBE LLP

Mission

PROMOTE COMMUNITY AND ECONOMIC DEVELOPMENT BY IDENTIFYING, SUPPORTING, AND INVESTING IN HIGH-GROWTH, HIGH-IMPACT, OR COMMUNITY CRITICAL COMPANIES ACROSS NEBRASKA.

990 for the year ended December 31, 2025

Program accomplishments

  • SEED FUND PROGRAM - THE ORGANIZATION CONTRACTS WITH THE STATE OF NEBRASKA'S DEPARTMENT OF ECONOMIC DEVELOPMENT TO PROVIDE CAPITAL TO EARLY-STAGE BUSINESSES THROUGH THE BUSINESS INNOVATION ACT. THESE BUSINESSES ARE STATUTORILY ELIGIBLE FOR FINANCING BASED ON A SERIES OF QUALIFYING FACTORS. THE ORGANIZATION ALSO PROVIDES CAPITAL TO EARLY-STAGE BUSINESSES THROUGH FEDERALLY DESIGNATED GRANT FUNDS.
    Expenses $2,756,744
  • THE COMBINE - AN AGRIFOOD TECH INCUBATOR LOCATED ON NEBRASKA INNOVATION CAMPUS TO INCUBATE HIGH-GROWTH, EARLY-STAGE BUSINESS IN THE AG AND FOOD TECHNOLOGY SPACE.
    Expenses $402,387
  • NEBRASKA EMERGING GROWTH - THE ORGANIZATION ADMINISTERS FUNDS THE NEBRASKA DEPARTMENT OF ECONOMIC DEVELOPMENT RECEIVED UNDER THE STATE SMALL BUSINESS CREDIT INITIATIVE (SSBCI) PROGRAM OF THE U.S. TREASURY DEPARTMENT. CONVERTIBLE DEBT AND EQUITY INVESTMENTS FROM $100,000- $1,000,000 CAN BE USED FOR WORKING CAPITAL, AND INVENTORY/EQUIPMENT PURCHASES. FUNDS MUST BE MATCHED BY PRIVATE FUNDS AS OUTLINED IN THE PROGRAM.
    Expenses $357,347
  • OPERATIONAL ASSISTANCE PROGRAM - PROVIDE OPERATIONAL ASSISTANCE TO THOSE STARTUP BUSINESSES THAT NEED TO COMPLETE ADDITIONAL PROJECTS IN ORDER TO ATTRACT OUTSIDE CAPITAL.
    Expenses $210,604 · grants $45,394

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-0469145
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
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$91,641,786
Income (IRS master file)
$16,998,353

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$15,040,538$4,013,007$91,641,786XML
990December 2024$7,234,005$2,826,941$66,318,312XML
990December 2023$9,811,517$2,169,256$61,578,632XML
990December 2022$7,658,576$2,411,383$53,430,068IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 46-0469145).

Questions about INVEST NEBRASKA CORP

What is the EIN of INVEST NEBRASKA CORP?
The employer identification number (EIN) of INVEST NEBRASKA CORP is 46-0469145.
Is INVEST NEBRASKA CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to INVEST NEBRASKA CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INVEST NEBRASKA CORP 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 INVEST NEBRASKA CORP 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 INVEST NEBRASKA CORP 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 INVEST NEBRASKA CORP?
The 990 for the year ended December 31, 2025 names DAN HOFFMAN.
Who are the officers and directors of INVEST NEBRASKA CORP?
The 990 for the year ended December 31, 2025 lists 15 people; 3 received compensation from the organization, the highest $246,701 (DAN HOFFMAN, CEO).
How much revenue does INVEST NEBRASKA CORP have?
On its 990 for the year ended December 31, 2025 it reported revenue of $15,040,538, expenses of $4,013,007 and total assets of $91,641,786 at year end.

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