Nonprofit · EIN 47-0832685
COMMUNITY DEVELOPMENT RESOURCES
Tax-exempt · LINCOLN, NE 68505
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,774,595 | $988,999 | $2,785,596 | $11,534,491 | $4,535,721 | $6,998,770 |
| December 31, 2024 | 990 | $4,436,242 | $817,681 | $3,618,561 | $7,799,661 | $3,586,487 | $4,213,174 |
| December 31, 2023 | 990 | $585,365 | $587,426 | -$2,061 | $1,967,114 | $1,372,501 | $594,613 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $3,471,640
- of which government grants
- $3,200,317
- Program service revenue
- $240,002
- Investment income
- $60,839
- Other revenue
- $2,114
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $164,800
- Other salaries and wages
- $171,328
- Salaries, compensation and benefits (total)
- $378,512
- Professional fundraising fees
- $0
- Legal fees
- $29,824
- Accounting fees
- $93,059
- Occupancy
- $44,258
- Travel
- $557
- Depreciation
- $6,623
- Program services (functional)
- $710,621
- Management and general (functional)
- $210,403
- Fundraising (functional)
- $67,975
Balance sheet and other
- Total assets, start of year
- $7,799,661
- Total assets, end of year
- $11,534,491
- Total liabilities, end of year
- $4,535,721
- Net assets, end of year
- $6,998,770
- Land, buildings and equipment
- $31,118
- Net assets without donor restrictions
- $436,040
- Net assets with donor restrictions
- $6,562,730
- Gross receipts
- $3,774,595
- Employees
- 3
- Volunteers
- 0
- Year formed
- 1995
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| FARSHAD MALTES | EXECUTIVE DIRECTOR Officer | 40 | $164,800 | $1,200 |
| MARK HESSER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| DENNIS HOFFMAN | MEMBER Trustee or director | 1 | $0 | $0 |
| TERRY ULAND | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ALEC GORYNSKI | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ERNIE CASTILLO | MEMBER Trustee or director | 1 | $0 | $0 |
| HEATHER LOUGHMAN | MEMBER Trustee or director | 1 | $0 | $0 |
| CARL SJULIN | MEMBER Trustee or director | 1 | $0 | $0 |
| TRACY EDGERTON | MEMBER Trustee or director | 1 | $0 | $0 |
| MEAGAN LIESVELD | MEMBER Trustee or director | 1 | $0 | $0 |
| CHRIS LAMBERTY | MEMBER Trustee or director | 1 | $0 | $0 |
| DIANE TEMME STINTON | MEMBER Trustee or director | 1 | $0 | $0 |
| DORIS ROBERTSON | MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID SHIFFERMILLER | MEMBER Trustee or director | 1 | $0 | $0 |
| LUKE PELTZ | MEMBER Trustee or director | 1 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATRICK BEANS | MEMBER Trustee or director | 1 | $0 |
| AVA THOMAS | MEMBER Trustee or director | 1 | $0 |
| DANIEL MARVIN | MEMBER Trustee or director | 1 | $0 |
| TOM RANDA | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| FARSHAD MALTES | EXECUTIVE DIRECTOR Officer | 40 | $162,677 | $1,200 |
| MARK HESSER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| STEVE BORS | PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| TERRY ULAND | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ALEC GORYNSKI | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ERNIE CASTILLO | MEMBER Trustee or director | 1 | $0 | $0 |
| HEATHER LOUGHMAN | MEMBER Trustee or director | 1 | $0 | $0 |
| CARL SJULIN | MEMBER Trustee or director | 1 | $0 | $0 |
| CHARLIE WESCHE | MEMBER Trustee or director | 1 | $0 | $0 |
| MEAGAN LIESVELD | MEMBER Trustee or director | 1 | $0 | $0 |
| CHRIS LAMBERTY | MEMBER Trustee or director | 1 | $0 | $0 |
| DIANE TEMME STINTON | MEMBER Trustee or director | 1 | $0 | $0 |
| DORIS ROBERTSON | MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID SHIFFERMILLER | MEMBER Trustee or director | 1 | $0 | $0 |
| LUKE PELTZ | MEMBER Trustee or director | 1 | $0 | $0 |
| PATRICK BEANS | MEMBER Trustee or director | 1 | $0 | $0 |
| AVA THOMAS | MEMBER Trustee or director | 1 | $0 | $0 |
| PETER HIND | MEMBER Trustee or director | 1 | $0 | $0 |
| TOM RANDA | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| FARSHAD MALTES | EXECUTIVE DIRECTOR Officer | 40 | $160,000 | $1,200 |
| MARK HESSER | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| STEVE BORS | PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| TERRY ULAND | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ALEC GORYNSKI | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ERNIE CASTILLO | MEMBER Trustee or director | 1 | $0 | $0 |
| WAYNE MORTENSEN | MEMBER Trustee or director | 1 | $0 | $0 |
| CARL SJULIN | MEMBER Trustee or director | 1 | $0 | $0 |
| BARRY LOCKARD | MEMBER Trustee or director | 1 | $0 | $0 |
| MEAGAN LIESVELD | MEMBER Trustee or director | 1 | $0 | $0 |
| CHRIS LAMBERTY | MEMBER Trustee or director | 1 | $0 | $0 |
| DIANE TEMME STINTON | MEMBER Trustee or director | 1 | $0 | $0 |
| DORIS ROBERTSON | MEMBER Trustee or director | 1 | $0 | $0 |
| DAN MARVIN | MEMBER Trustee or director | 1 | $0 | $0 |
| LUKE PELTZ | MEMBER Trustee or director | 1 | $0 | $0 |
| PATRICK BEANS | MEMBER Trustee or director | 1 | $0 | $0 |
| AVA THOMAS | MEMBER Trustee or director | 1 | $0 | $0 |
| PETER HIND | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 912 N 70TH ST, LINCOLN, NE 68505-2104
- In care of
- % RITCHIE R WALLACE
- Principal officer (990 for 2025)
- FARSHAD MALTES, 912 N 70TH ST, LINCOLN, NE 68505
- Signed the 990
- FARSHAD MALTES, EXECUTIVE DIRECTOR
- Phone
- (402) 436-2386
- Website
- CDR-NEBRASKA.ORG
- Return prepared by
- HBE LLP
Mission
TO CREATE ECONOMIC OPPORTUNITY AND STRONG COMMUNITIES BY PROVIDING CAPITAL AND TECHNICAL ASSISTANCE TO DEVELOP AND FORTIFY SMALL BUSINESSES; INCREASE SUPPLY OF AFFORDABLE HOUSING; AND PROMOTE COMMUNITY DEVELOPMENT.
Program accomplishments
- PROVIDE CAPITAL, TECHNICAL ASSISTANCE, AND DEVELOP AND FORTIFY SMALL BUSINESS.Expenses $485,819 · revenue $91,254
- SUPPORT AFFORDABLE HOUSING IN LINCOLN, NEBRASKA CONSISTENT WITH THE CITY OF LINCOLN'S AFFORDABLE HOUSING ACTION PLANExpenses $224,802 · revenue $150,862
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 | 990 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
- 47-0832685
- 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
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43)
- Assets (IRS master file)
- $11,534,491
- Income (IRS master file)
- $3,774,595
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,774,595 | $988,999 | $11,534,491 | XML |
| 990 | December 2024 | $4,436,242 | $817,681 | $7,799,661 | XML |
| 990 | December 2023 | $585,365 | $587,426 | $1,967,114 | XML |
| 990 | December 2022 | $930,664 | $471,156 | $1,358,465 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 47-0832685).
Questions about COMMUNITY DEVELOPMENT RESOURCES
- What is the EIN of COMMUNITY DEVELOPMENT RESOURCES?
- The employer identification number (EIN) of COMMUNITY DEVELOPMENT RESOURCES is 47-0832685.
- Is COMMUNITY DEVELOPMENT RESOURCES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to COMMUNITY DEVELOPMENT RESOURCES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITY DEVELOPMENT RESOURCES 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 COMMUNITY DEVELOPMENT RESOURCES 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 COMMUNITY DEVELOPMENT RESOURCES 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 COMMUNITY DEVELOPMENT RESOURCES?
- The 990 for the year ended December 31, 2025 names FARSHAD MALTES.
- Who are the officers and directors of COMMUNITY DEVELOPMENT RESOURCES?
- The 990 for the year ended December 31, 2025 lists 19 people; 1 received compensation from the organization, the highest $164,800 (FARSHAD MALTES, EXECUTIVE DIRECTOR).
- How much revenue does COMMUNITY DEVELOPMENT RESOURCES have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,774,595, expenses of $988,999 and total assets of $11,534,491 at year end.
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- DOWNTOWN LINCOLN BID ASSOCIATION EIN 47-0837543 · last filed 990 for 2025
- NEBRASKA ECONOMIC DEVELOPMENT CORPORATION EIN 47-0721052 · last filed 990 for 2025
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- NORTHEAST FAMILY RESOURCE CENTER EIN 91-1787068 · last filed 990 for 2025
All nonprofits in LINCOLN · Nebraska · Community improvement and capacity building