Midwest Housing Development Fund Inc
Only null% goes to programs Strong reserves Growing revenue
Midwest Housing Development Fund Inc is a 501(c)(3) organization based in Omaha, Nebraska, registered in 2005, with $11,801,333 in FY2024 revenue. CharityIndex grades it B.
515 N 162nd Ave Ste 202, Omaha, NE, 68118 EIN 84-1686593 Since 2005
Revenue (FY2024)
$11.8M
▲ 104.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$2.4M
Net assets
$37.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Midwest Housing Development Fund Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating184 mo reserves · +79% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Midwest Housing Development Fund Inc: 184 mo reserves · +79% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Midwest Housing Development Fund Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Midwest Housing Development Fund Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 515 N 162nd Ave Ste 202, Omaha, NE, 68118
- City
- Omaha
- State
- Nebraska
- Subcategory
- Public Foundations
- Website
- …
Financial trends
Revenue grew from $954K (FY2013) to $11.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $59.2MNet assets $37.1M
Operating margin
79.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$96.3M
Total liabilities
$59.2M
Net assets
$37.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $11,801,333▲104% | $2,423,869▲30.8% | $37,096,872▲46.6% | $96,332,678▲29.0% | 990 |
| 2023 | $5,776,652▲9.3% | $1,853,460▲42.9% | $25,312,058▲27.5% | $74,703,795▲31.7% | 990 |
| 2022 | $5,284,967▲139% | $1,297,140▲2.4% | $19,850,131▲69.1% | $56,720,605▲57.9% | 990 |
| 2021 | $2,208,026▲11.8% | $1,266,183▲12.9% | $11,740,120▲19.1% | $35,913,740▲8.0% | 990 |
| 2020 | $1,975,078▼48.3% | $1,121,282▲25.9% | $9,859,355▲9.5% | $33,263,492▲6.7% | 990 |
| 2019 | $3,817,761▲177% | $890,718▲20.1% | $9,005,559▲69.7% | $31,169,182▲38.0% | 990 |
| 2018 | $1,380,293▲110% | $741,499▲37.1% | $5,306,016▲78.8% | $22,591,062▲11.1% | 990 |
| 2017 | $656,383▼42.6% | $540,662▲0.5% | $2,967,222▲4.1% | $20,343,016▲19.7% | 990 |
| 2016 | $1,142,728▲139% | $538,122▲27.9% | $2,851,501▲26.9% | $16,994,820▼14.6% | 990 |
| 2015 | $477,682▼44.6% | $420,616▲21.6% | $2,246,895▲2.6% | $19,892,755▲41.5% | 990 |
| 2014 | $861,835▼9.7% | $345,858▲9.2% | $2,189,829▲30.8% | $14,062,197▲10.1% | 990 |
| 2013 | $953,912 | $316,765▲85.7% | $1,673,852▲61.5% | $12,774,955▲48.6% | 990 |
| 2012 | — | $170,533▲32.2% | $1,036,705▲7.3% | $8,599,093▲33.9% | 990 |
| 2011 | — | $129,031▲24.1% | $966,520▲7.0% | $6,421,493▲11.0% | 990 |
| 2010 | — | $103,949 | $903,174 | $5,782,587 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $6.5M total
10 grants to Midwest Housing Development Fund Inc totaling $6.5M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Nebraska Community Foundation | 2024 impact grant | 2024 | $20,000 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $6,000,000 |
| Opportunity Finance Network | Finance justice fund subgrant | 2023 | $100,000 |
| Nebraska Community Foundation | Housing support | 2023 | $20,000 |
| Opportunity Finance Network | Finance justice fund subgrant | 2022 | $150,000 |
| Nebraska Community Foundation | Affordable housing project | 2021 | $40,000 |
| Nebraska Community Foundation | Housing resource network | 2020 | $70,000 |
| Nebraska Community Foundation | Flood relief | 2019 | $35,000 |
| Nebraska Community Foundation | Affordable rental housing application & development assistance | 2018 | $20,000 |
| Nebraska Community Foundation | Workforce housing ne & sd | 2016 | $25,000 |
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Frequently asked questions
- Is Midwest Housing Development Fund Inc a legitimate nonprofit?
- Yes. Midwest Housing Development Fund Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 84-1686593, based in Omaha, Nebraska. Donations are tax-deductible.
- What is Midwest Housing Development Fund Inc's EIN?
- Midwest Housing Development Fund Inc's Employer Identification Number (EIN) is 84-1686593.
- How much revenue does Midwest Housing Development Fund Inc report?
- Midwest Housing Development Fund Inc reported $11,801,333 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Midwest Housing Development Fund Inc have?
- CharityIndex grades Midwest Housing Development Fund Inc B, based on financial health (reserves and operating margin).
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Data for Midwest Housing Development Fund Inc (EIN 84-1686593) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.