Nonprofit · EIN 47-0635210
SALEM HOUSING DEVELOPMENT CORPORATION
Tax-exempt · OMAHA, NE 68144
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $535,102 | $535,072 | $30 | $917,945 | $1,648,036 | -$730,091 |
| December 31, 2023 | 990 | $511,647 | $520,697 | -$9,050 | $879,622 | $1,676,548 | -$796,926 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $410,076
- Program service revenue
- $123,021
- Investment income
- $7
- Other revenue
- $1,998
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $109,620
- Salaries, compensation and benefits (total)
- $118,006
- Professional fundraising fees
- $0
- Legal fees
- $942
- Accounting fees
- $26,950
- Occupancy
- $40,447
- Depreciation
- $68,096
- Program services (functional)
- $524,385
- Management and general (functional)
- $10,687
Balance sheet and other
- Total assets, start of year
- $879,622
- Total assets, end of year
- $917,945
- Total liabilities, end of year
- $1,648,036
- Net assets, end of year
- -$730,091
- Land, buildings and equipment
- $619,405
- Net assets without donor restrictions
- -$730,091
- Gross receipts
- $535,102
- Employees
- 6
- Volunteers
- 0
- Year formed
- 1981
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK OWSLEY | PRESIDENT Trustee or director, Officer | 10 | $0 |
| JAMES BREWER | DIRECTOR Trustee or director | 2 | $0 |
| GARY WALKER | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| RHONDA HODGE-MASON | SECRETARY Trustee or director, Officer | 5 | $0 |
| JASON ROBERTS | TREASURER Trustee or director, Officer | 5 | $0 |
| CAMERON SESSIONS | ASST. SECRETARY Trustee or director, Officer | 2 | $0 |
| NANCY SCURLOCK | DIRECTOR Trustee or director | 2 | $0 |
| BRAYMOND ADAMS | DIRECTOR Trustee or director | 2 | $0 |
| LORI HILL | DIRECTOR Trustee or director | 2 | $0 |
| ROOSEVELT LEE | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK OWSLEY | PRESIDENT Trustee or director, Officer | 10 | $0 |
| JAMES BREWER | DIRECTOR Trustee or director | 2 | $0 |
| GARY WALKER | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| RHONDA HODGE-MASON | SECRETARY Trustee or director, Officer | 5 | $0 |
| JASON ROBERTS | TREASURER Trustee or director, Officer | 5 | $0 |
| CAMERON SESSIONS | ASST. SECRETARY Trustee or director, Officer | 2 | $0 |
| NANCY SCURLOCK | DIRECTOR Trustee or director | 2 | $0 |
| BRAYMOND ADAMS | DIRECTOR Trustee or director | 2 | $0 |
| LORI HILL | DIRECTOR Trustee or director | 2 | $0 |
| ROOSEVELT LEE | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 13120 PIERCE ST STE 201, OMAHA, NE 68144-1170
- Principal officer (990 for 2024)
- MARK OWSLEY, 3464 OHIO ST, OMAHA, NE 681113664
- Signed the 990
- MARK OWSLEY, PRESIDENT
- Phone
- (402) 451-8456
- Return prepared by
- HAYES & ASSOCIATES LLC
Mission
SALEM HOUSING DEVELPMENT CORPORATION IS A NOT-FOR-PROFIT CORPORATION THAT WAS FORMED MAY 15, 1981 UNDER THE NOT-FOR-PROFIT STATUES OF THE STATE OF NEBRASKA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 50 UNIT COMMUNITY KNOWN AS J.C. WADE SENIOR VILLA LOCATED IN OMAHA, NEBRASKA, WHICH PROVIDES HOUSING FOR LOW INCOME ELDERLY PERSONS.
Program accomplishments
- SALEM HOUSING DEVELPMENT CORPORATION IS A NOT-FOR-PROFIT CORPORATION THAT WAS FORMED MAY 15, 1981 UNDER THE NOT-FOR-PROFIT STATUES OF THE STATE OF NEBRASKA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 50 UNIT COMMUNITY KNOWN AS J.C. WADE SENIOR VILLA LOCATED IN OMAHA, NEBRASKA, WHICH PROVIDES HOUSING FOR LOW INCOME ELDERLY PERSONS.Expenses $524,385 · revenue $125,026
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 | Not 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
- 47-0635210
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1981
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $917,945
- Income (IRS master file)
- $535,102
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $535,102 | $535,072 | $917,945 | IRS |
| 990 | December 2023 | $511,647 | $520,697 | $879,622 | XML |
| 990 | December 2022 | $495,493 | $490,177 | $956,311 | 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 47-0635210).
Questions about SALEM HOUSING DEVELOPMENT CORPORATION
- What is the EIN of SALEM HOUSING DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of SALEM HOUSING DEVELOPMENT CORPORATION is 47-0635210.
- Is SALEM HOUSING DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
- Are donations to SALEM HOUSING DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SALEM HOUSING DEVELOPMENT CORPORATION 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 SALEM HOUSING DEVELOPMENT CORPORATION 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 SALEM HOUSING DEVELOPMENT CORPORATION 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 SALEM HOUSING DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names MARK OWSLEY.
- Who are the officers and directors of SALEM HOUSING DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does SALEM HOUSING DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $535,102, expenses of $535,072 and total assets of $917,945 at year end.
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