Nonprofit · EIN 84-1686593
MIDWEST HOUSING DEVELOPMENT FUND INC
Tax-exempt · OMAHA, NE 68118
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $11,801,333 | $2,423,869 | $9,377,464 | $96,332,678 | $59,235,806 | $37,096,872 |
| December 31, 2023 | 990 | $5,776,652 | $1,853,460 | $3,923,192 | $74,703,795 | $49,391,737 | $25,312,058 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $7,817,020
- of which government grants
- $1,297,020
- Program service revenue
- $3,106,533
- Investment income
- $877,780
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $43,633
- Compensation of officers, directors and key employees
- $690,270
- Other salaries and wages
- $199,435
- Salaries, compensation and benefits (total)
- $1,066,973
- Professional fundraising fees
- $0
- Legal fees
- $1,629
- Accounting fees
- $8,395
- Travel
- $40,479
- Depreciation
- $4,773
- Program services (functional)
- $2,369,027
- Management and general (functional)
- $54,842
Balance sheet and other
- Total assets, start of year
- $74,703,795
- Total assets, end of year
- $96,332,678
- Total liabilities, end of year
- $59,235,806
- Net assets, end of year
- $37,096,872
- Land, buildings and equipment
- $5,294
- Net assets without donor restrictions
- $37,096,872
- Gross receipts
- $11,801,333
- Employees
- 4
- Volunteers
- 0
- Year formed
- 2000
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID S FISHER | PRESIDENT Trustee or director, Officer | 40 | $568,436 | $0 | $47,906 |
| LARA HUSKEY | EXECUTIVE VP/TREASURER/CFO Officer | 40 | $210,747 | $16,667 | $24,913 |
| PAULA KASLON | SENIOR LOAN OFFICER Highest-paid employee | 40 | $105,792 | $0 | $26,623 |
| MARK O'CONNOR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BARRY SANDSTROM | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MATTHEW CAVANAUGH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KRIS SADDORIS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| VALERIE THOMPSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DENA SHERILL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SCOTT P MOORE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TAMEKI GRANT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KIRK KELLNER | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID S FISHER | PRESIDENT Trustee or director, Officer | 40 | $251,490 | $38,173 |
| LARA HUSKEY | EXECUTIVE VP/TREASURER/CFO Officer | 40 | $209,369 | $22,942 |
| BARRY SANDSTROM | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| MATTHEW CAVANAUGH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JAMES ZIMMERMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRIS SADDORIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VALERIE THOMPSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DENA SHERILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT P MOORE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TAMEKI GRANT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIRK KELLNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 515 N 162ND AVE STE 202, OMAHA, NE 68118-2540
- In care of
- % JAMES K RIEKER
- Principal officer (990 for 2024)
- JASON MAIN, 515 N 162ND AVE 202, OMAHA, NE 68118
- Signed the 990
- JASON MAIN, TREASURER, CFO
- Phone
- (402) 334-8899
- Website
- WWW.MHDFINC.COM
- Return prepared by
- DAUBY O'CONNOR & ZALESKI LLC
Mission
THE MISSION OF MIDWEST HOUSING DEVELOPMENT FUND IS TO PROMOTE SUSTAINABLE COMMUNITY DEVELOPMENT AND QUALITY OF LIFE IN THE MIDWEST BY PROVIDING RESOURCES FOR THE DEVELOPMENT OF AFFORDABLE HOUSING.
Program accomplishments
- MIDWEST HOUSING DEVELOPMENT FUND HAS PROVIDED AND/OR FACILITATED FINANCING IN CONNECTION WITH DEVELOPMENT OF LOW AND MODERATE INCOME AND WORKFORCE HOUSING. SINCE THE ORGANIZATION'S INCEPTION, IT HAS MADE 316 LOANS TOTALING OVER $249 MILLION. THESE LOANS HELPED CREATE OVER 10,000 AFFORDABLE RENTAL HOUSING UNITS FOR INDIVIDUALS AND FAMILIES ACROSS THE MIDWEST. DURING THE YEAR ENDED DECEMBER 31, 2024, THE ORGANIZATION WAS ABLE TO PROVIDE OVER $50 MILLION BETWEEN 28 NEW LOANS TO HELP FINANCE AFFORDABLE HOUSING. MIDWEST HOUSING DEVELOPMENT FUND BEGAN PROVIDING AND FACILITATING FINANCING FOR AFFORDABLE, WORKFORCE HOUSING IN 2017. IN 2020 MHDF EXPANDED THE DEVELOPMENT SERVICES IN NEBRASKA TO THE METRO OMAHA IOWA COUNTIES. THESE TECHNICAL ASSISTANCE SERVICES ARE FOR AFFORDABLE AND WORKFORCE HOUSING AND THE INITIATIVE IS NAMED MIDWEST HOUSING RESOURCE NETWORK. THE MIDWEST HOUSING RESOURCE NETWORK FUNCTIONS CONTINUE THROUGH THE COMBINED EFFORTS OF NEBRASKA STRATEGIC HOUSING COUNCIL LED BY THE NEBRASKA INVESTMENT FINANCE AUTHORITY, THE NEBRASKA HOUSING DEVELOPERS' ASSOCIATION TECHNICAL ASSISTANCE, AND MIDWEST HOUSING DEVELOPMENT FUND DIRECT DEVELOPMENT SERVICES AND TECHNICAL ASSISTANCE TO DEVELOPERS, COMMUNITY LEADERS AND HOUSING STAKEHOLDERS. MHDF PARTICIPATES AS A MEMBER OF THE NEBRASKA STRATEGIC HOUSING COUNCIL CORE TEAM AND THE NEBRASKA HOUSING DEVELOPERS' ASSOCIATION BOARD OF DIRECTORS.Expenses $2,369,027 · grants $43,633 · revenue $3,106,533
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
- 84-1686593
- 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
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $96,332,678
- Income (IRS master file)
- $11,801,333
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $11,801,333 | $2,423,869 | $96,332,678 | XML |
| 990 | December 2023 | $5,776,652 | $1,853,460 | $74,703,795 | XML |
| 990 | December 2022 | $5,284,967 | $1,297,140 | $56,720,605 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 84-1686593).
Questions about MIDWEST HOUSING DEVELOPMENT FUND INC
- What is the EIN of MIDWEST HOUSING DEVELOPMENT FUND INC?
- The employer identification number (EIN) of MIDWEST HOUSING DEVELOPMENT FUND INC is 84-1686593.
- Is MIDWEST HOUSING DEVELOPMENT FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to MIDWEST HOUSING DEVELOPMENT FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MIDWEST HOUSING DEVELOPMENT FUND 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 MIDWEST HOUSING DEVELOPMENT FUND 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 MIDWEST HOUSING DEVELOPMENT FUND INC 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 MIDWEST HOUSING DEVELOPMENT FUND INC?
- The 990 for the year ended December 31, 2024 names JASON MAIN.
- Who are the officers and directors of MIDWEST HOUSING DEVELOPMENT FUND INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 3 received compensation from the organization, the highest $568,436 (DAVID S FISHER, PRESIDENT).
- How much revenue does MIDWEST HOUSING DEVELOPMENT FUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $11,801,333, expenses of $2,423,869 and total assets of $96,332,678 at year end.
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All nonprofits in OMAHA · Nebraska · Philanthropy, voluntarism and grantmaking foundations