Nonprofit · EIN 47-0795668
MCGOWAN FAMILY FOUNDATION INC
Tax-exempt · OMAHA, NE 68124
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,783,500 | $1,473,086 | $310,414 | $20,924,828 | $0 | $20,924,828 |
| December 31, 2023 | 990 | $1,523,437 | $782,675 | $740,762 | $19,462,092 | $15,817 | $19,446,275 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $1,783,500
- Net gain from sales of assets
- $1,505,223
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,283,604
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $1,352,830
- Management and general (functional)
- $120,256
Balance sheet and other
- Total assets, start of year
- $19,462,092
- Total assets, end of year
- $20,924,828
- Total liabilities, end of year
- $0
- Net assets, end of year
- $20,924,828
- Publicly traded securities
- $20,258,783
- Net assets without donor restrictions
- $20,924,828
- Gross receipts
- $2,889,769
- Employees
- 0
- Year formed
- 1996
- 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 |
|---|---|---|---|
| Carolyn Hansen | Director Trustee or director | 1 | $0 |
| Rob Owen | Director Trustee or director | 1 | $0 |
| Cynthia McGowan | Director Trustee or director | 1 | $0 |
| Richard Kelley | Director Trustee or director | 1 | $0 |
| Megan McGowan | President/Treas Trustee or director, Officer | 5 | $0 |
| Chris McGowan | Vice Pres & Sec Officer | 2 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carolyn Hansen | Director Trustee or director | 1 | $0 |
| Bruce Lauritzen | Director Trustee or director | 1 | $0 |
| Thomas McGowan | Treasurer Trustee or director, Officer | 4 | $0 |
| Cynthia McGowan | President Trustee or director, Officer | 1 | $0 |
| Richard Kelley | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1120 S 101ST ST STE 320, OMAHA, NE 68124-1088
- Signed the 990
- Megan McGowan, President/Treas
- Phone
- (402) 342-3458
Mission
To operate exclusively for the benefit of, to perform the functions of, and carry out the purpose of the Omaha Community Foundation.
Program accomplishments
- To engage in religious, scientific, literary, charitable or educational activities as described in Section 501(c)(3) of the IRS code of 1986 (or corresponding section of any further Federal tax law) not inconsistent with the purpose of this Corporation as set forth in the articles.Expenses $1,352,830 · grants $1,283,604
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
- 47-0795668
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X99Z)
- Assets (IRS master file)
- $20,924,828
- Income (IRS master file)
- $2,889,769
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,783,500 | $1,473,086 | $20,924,828 | XML |
| 990 | December 2023 | $1,523,437 | $782,675 | $19,462,092 | XML |
| 990 | December 2022 | $2,052,756 | $1,284,095 | $16,777,325 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 47-0795668).
Questions about MCGOWAN FAMILY FOUNDATION INC
- What is the EIN of MCGOWAN FAMILY FOUNDATION INC?
- The employer identification number (EIN) of MCGOWAN FAMILY FOUNDATION INC is 47-0795668.
- Is MCGOWAN FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to MCGOWAN FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does MCGOWAN FAMILY FOUNDATION 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 MCGOWAN FAMILY FOUNDATION 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 MCGOWAN FAMILY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of MCGOWAN FAMILY FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does MCGOWAN FAMILY FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,783,500, expenses of $1,473,086 and total assets of $20,924,828 at year end.
Other nonprofits in OMAHA
- CUES FUND EIN 47-0818922 · last filed 990 for 2025
- RELEASE INC EIN 39-1900136 · last filed 990 for 2025
- ONE VOICE MINISTRIES INC EIN 91-1748591 · last filed 990 for 2024
- VSS CATHOLIC COMMUNICATIONS INC EIN 91-1857425 · last filed 990 for 2025
- HINDU TEMPLE LTD EIN 47-0758522 · last filed 990 for 2025
- GATHER AT THE TABLE INC EIN 85-1283473 · last filed 990 for 2025
- CATHOLIC CHARITIES FOUNDATION EIN 47-0744276 · last filed 990 for 2024
- HOLY NAME MENS CLUB EIN 81-5160707 · last filed 990 for 2025