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Nonprofit · EIN 47-0548913

NEW CASSEL INC

Tax-exempt · OMAHA, NE 68114

Financials

$9.2M$8.5M2022$9.5M$9M2023$9.5M$9.1M2024
Revenue Expenses · by fiscal year end
Financials of NEW CASSEL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$9,549,210$9,110,675$438,535$21,352,178$1,578,141$19,774,037
June 30, 2024990$9,465,398$8,996,479$468,919$20,518,273$1,513,562$19,004,711
June 30, 2023990$9,189,810$8,534,823$654,987$19,955,182$1,764,772$18,190,410
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$445,835
of which government grants
$34,215
Program service revenue
$8,638,038
Investment income
$136,701
Net gain from sales of assets
$10,425
Other revenue
$328,636

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$315,381
Other salaries and wages
$4,479,083
Salaries, compensation and benefits (total)
$5,666,769
Professional fundraising fees
$0
Legal fees
$1,603
Accounting fees
$40,110
Occupancy
$393,551
Travel
$31,550
Depreciation
$1,059,329
Program services (functional)
$7,954,091
Management and general (functional)
$1,156,584

Balance sheet and other

Total assets, start of year
$20,518,273
Total assets, end of year
$21,352,178
Total liabilities, end of year
$1,578,141
Net assets, end of year
$19,774,037
Land, buildings and equipment
$15,109,607
Publicly traded securities
$4,862,987
Net assets without donor restrictions
$19,774,037
Gross receipts
$11,025,511
Employees
209
Volunteers
63
Year formed
1973
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.

NameTitleHours / weekCompensationOther / benefits
TRACY LICHTIPRESIDENT/CEO
Officer
40$156,579$6,467
MICHAEL ALMONDCFO
Officer
40$73,646$8,628
DAWN VENEMACHAIR
Trustee or director, Officer
1$0$0
ED MULLENVICE CHAIR
Trustee or director, Officer
1$0$0
BOB FOLEYSECRETARY
Trustee or director, Officer
1$0$0
MICHAEL CHASETREASURER
Trustee or director, Officer
1$0$0
DEB MARASCODIRECTOR
Trustee or director
1$0$0
DAN KELLERDIRECTOR
Trustee or director
1$0$0
BILL VOBEJADIRECTOR
Trustee or director
1$0$0
ERIN TRACYDIRECTOR
Trustee or director
1$0$0
DAVID PROBSTDIRECTOR
Trustee or director
1$0$0
FATHER JOHN PIETRAMALEDIRECTOR
Trustee or director
1$0$0
LINDSAY WILKINSONDIRECTOR
Trustee or director
1$0$0
MARYKAY GAMBLEDIRECTOR
Trustee or director
1$0$0
SR KATHLEEN KLUTHEDIRECTOR THRU 12/2024
Trustee or director
1$0$0
2 more people on this return
NameTitleHours / weekCompensation
CYNTHE DUMLERDIRECTOR THRU 4/2025
Trustee or director
1$0
NANCY FLAHERTYDIRECTOR THRU 6/2025
Trustee or director
1$0
990 for the year ended June 30, 2024: 19 people
NameTitleHours / weekCompensationOther / benefits
TRACY LICHTIPRESIDENT/CEO
Officer
40$144,607$5,988
ALAN HARDTCFO (THRU 5/24)
Officer
40$100,120$10,842
DAWN VENEMACHAIR
Trustee or director, Officer
1$0$0
ED MULLENVICE CHAIR
Trustee or director, Officer
1$0$0
BOB FOLEYSECRETARY
Trustee or director, Officer
1$0$0
MICHAEL CHASETREASURER
Trustee or director, Officer
1$0$0
CYNTHE DUMLERDIRECTOR
Trustee or director
1$0$0
NANCY FLAHERTYDIRECTOR
Trustee or director
1$0$0
SR KATHLEEN KLUTHEDIRECTOR
Trustee or director
1$0$0
DAVID PROBSTDIRECTOR
Trustee or director
1$0$0
DAN KELLERDIRECTOR
Trustee or director
1$0$0
DEB MARASCODIRECTOR
Trustee or director
1$0$0
BILL VOBEJADIRECTOR
Trustee or director
1$0$0
ERIN TRACYDIRECTOR
Trustee or director
1$0$0
SR JO DENICE HECKDIRECTOR (THRU 6/22/24)
Trustee or director
1$0$0
DENNY LEEDIRECTOR (THRU 12/23)
Trustee or director
1$0$0
JEFF PROCHAZKADIRECTOR (THRU 12/23)
Trustee or director
1$0$0
LOU OCKENDIRECTOR (THRU 12/23)
Trustee or director
1$0$0
MICHAEL ALMONDCFO
Officer
40$0$0
990 for the year ended June 30, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
TRACY LICHTIPRESIDENT/CEO
Officer
40$145,438$3,113
ALAN HARDTCFO
Officer
40$86,380$11,889
DAWN VENEMACHAIR
Trustee or director, Officer
1$0$0
MATTHEW MAIERSCHAIR (THRU 12/2022) / DIRECTOR
Trustee or director, Officer
1$0$0
ED MULLENTREASURER/VICE CHAIR
Trustee or director, Officer
1$0$0
BOB FOLEYSECRETARY
Trustee or director, Officer
1$0$0
CYNTHE DUMLERDIRECTOR
Trustee or director
1$0$0
NANCY FLAHERTYDIRECTOR
Trustee or director
1$0$0
SR JO DENICE HECKDIRECTOR
Trustee or director
1$0$0
SR KATHLEEN KLUTHEDIRECTOR
Trustee or director
1$0$0
DENNY LEEDIRECTOR
Trustee or director
1$0$0
DAVID PROBSTDIRECTOR
Trustee or director
1$0$0
JEFF PROCHAZKADIRECTOR
Trustee or director
1$0$0
MICHAEL CHASEDIRECTOR
Trustee or director
1$0$0
LOU OCKENDIRECTOR
Trustee or director
1$0$0
THERESA FRANCODIRECTOR (THRU 12/2022)
Trustee or director
1$0$0
JOHN R HOLDENRIEDDIRECTOR (THRU 12/2022)
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
900 N 90TH STREET, OMAHA, NE 68114-8800
Principal officer (990 for 2024)
TRACY LICHTI, 900 N 90TH ST, OMAHA, NE 68114
Signed the 990
TRACY LICHTI, PRESIDENT/CEO
Phone
(402) 393-2277
Return prepared by
EIDE BAILLY LLP

Mission

NEW CASSEL RETIREMENT CENTER IS A CARING RESIDENTIAL COMMUNITY COMMITTED TO PROVIDING AN ARRAY OF QUALITY SERVICES. WE CELEBRATE THE INNATE DIGNITY AND ENHANCE THE TOTAL WELLNESS OF THE AGING PERSON. OUR VALUES INCLUDE: RESPECT, COMPASSION, RESPONSIVENESS AND HOSPITALITY. NEW CASSEL CONTINUES THE HEALING MINISTRY OF JESUS.

990 for the year ended June 30, 2025

Program accomplishments

  • NEW CASSEL, INC. IS A LICENSED ASSISTED LIVING FACILITY FOR THE ELDERLY WITH 179 ROOMS. NEW CASSEL, INC. PROVIDES HEALTH SERVICES, MEDICATION MANAGEMENT, ASSISTANCE WITH ACTIVITIES OF DAILY LIVING, MEALS, LAUNDRY, RELIGIOUS SERVICES, EDUCATIONAL OPPORTUNITIES AND ACTIVITIES.
    Expenses $7,333,125 · revenue $7,933,086
  • FRANCISCAN DAY CENTRE - THE CENTRE OFFERS DAYTIME SUPPORT SERVICES FOR ADULTS WITH FUNCTIONAL LOSS, ALZHEIMER'S, OR OTHER AGING FRAILTIES AND PROVIDES A VIABLE OPTION FOR SENIORS WHO CAN NO LONGER BE AT HOME ALONE OR ARE ISOLATED DUE TO DISABILITY. THE FRANCISCAN CENTRE SPECIALIZES IN CARING FOR OLDER ADULTS WHO BENEFIT FROM COGNITIVE ENGAGEMENT, STRUCTURED ACTIVITIES, SOCIAL OPPORTUNITIES, MEDICATION MONITORING AND NUTRITIOUS MEALS IN A SECURE ENVIRONMENT AND COMBINES MEANINGFUL, STIMULATING ACTIVITIES WITH SPECIAL FOCUS ON INDIVIDUALS WITH SHORT TERM MEMORY LOSS.WE PROVIDE TWO MEALS AND A SNACK TO OUR DAY PROGRAM PARTICIPANTS EACH DAY. MEALS ARE A GREAT TIME TO SOCIALIZE AND EXCHANGE STORIES WITH OTHER DAY PROGRAM PARTICIPANTS AND STAFF. OTHER BENEFITS OF THE CENTRE INCLUDE MEDICATION SUPERVISION, FAMILY SUPPORT GROUPS, OUTSIDE FIELD TRIPS, MOBILE PODIATRY, A BEAUTY SHOP AND A THERAPEUTIC GARDEN.
    Expenses $620,966 · revenue $671,771
  • MISCELLANEOUS OTHER PROGRAMS PROVIDED TO RESIDENTS.
    revenue $361,817

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
47-0548913
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Exempt since
1946
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P750)
Assets (IRS master file)
$21,352,178
Income (IRS master file)
$11,025,511

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$9,549,210$9,110,675$21,352,178XML
990June 2024$9,465,398$8,996,479$20,518,273IRS
990June 2023$9,189,810$8,534,823$19,955,182XML
990June 2022$8,017,583$7,799,678$20,099,750IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––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 47-0548913).

Questions about NEW CASSEL INC

What is the EIN of NEW CASSEL INC?
The employer identification number (EIN) of NEW CASSEL INC is 47-0548913.
Is NEW CASSEL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
Which annual return does NEW CASSEL 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 NEW CASSEL INC 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 NEW CASSEL INC 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 NEW CASSEL INC?
The 990 for the year ended June 30, 2025 names TRACY LICHTI.
Who are the officers and directors of NEW CASSEL INC?
The 990 for the year ended June 30, 2025 lists 17 people; 2 received compensation from the organization, the highest $156,579 (TRACY LICHTI, PRESIDENT/CEO).
How much revenue does NEW CASSEL INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $9,549,210, expenses of $9,110,675 and total assets of $21,352,178 at year end.

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