OMAHA DOWNTOWN IMPROVEMENT DISTRICT ASSO (EIN 260636191) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

HOLLY BARRETT

Phone

4029161796

Tax Period

2024-04-01 to 2025-03-31

OMAHA DOWNTOWN IMPROVEMENT DISTRICT ASSO, founded in 2007, is a small nonprofit in the Community Improvement sector that reported $700K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $662K left a modest 5% surplus.

Mission

THE OMAHA DOWNTOWN IMPROVEMENT DISTRICT ASSOCIATION WORKS TO STRENGTHEN DOWNTOWN OMAHA BY CREATING A CLEANER, GREENER AND SAFER COMMUNITY FOR PEOPLE TO LIVE, WORK, PLAY AND VISIT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $699,697

Program Service Revenue $0

Investment Income $65

Other Revenue $0

TOTAL REVENUE $699,762

Expense Breakdown

Grants Paid $0

Salaries & Benefits $352,812

Fundraising Expenses $20,311

Program Expenses $497,249

Other Expenses $309,497

TOTAL EXPENSES $662,309

Year-over-Year Comparison

	2024	2023	Change
Revenue	$699,762	$644,645	+0.1%
Expenses	$662,309	$605,011	+0.1%
Net Income	$37,453	$39,634	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$116,196

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN SOVA	PRESIDENT	1.00	Officer Director	$0	$0	$0
ARNOLD REEVES	TREASURER	1.00	Officer Director	$0	$0	$0
JEFF JORGENSEN	SECRETARY	1.00	Officer Director	$0	$0	$0
NICOLE FOX	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH GITTER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
GRACE SAFFORD	DIRECTOR	1.00	Director	$0	$0	$0
CORRIE SHUMAKER	DIRECTOR	1.00	Director	$0	$0	$0
BILL GOODWIN	DIRECTOR	1.00	Director	$0	$0	$0
TIM MALIK	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER RODRIGUEZ	DIRECTOR	1.00	Director	$0	$0	$0
ADAM SITZMANN	DIRECTOR	1.00	Director	$0	$0	$0
SHANNON WIIG	EX-OFFICIO	1.00	Director	$0	$0	$0
KEVIN WALSH	EX-OFFICIO	1.00	Director	$0	$0	$0
RICHARD CALLAHAN	EX-OFFICIO	1.00	Director	$0	$0	$0
LAURA BUDDENBERG	DIRECTOR	1.00	Director	$0	$0	$0
BILLY COBURN	DIRECTOR	1.00	Director	$0	$0	$0
MECHAN ABRAHAMSEN	DIRECTOR	1.00	Director	$0	$0	$0
TINA CHERICA	DIRECTOR	1.00	Director	$0	$0	$0
RYNE BESSMER	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT OPFEL	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS RUSSELL	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE HUGHEY	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
ANN STAFFORD	DIRECTOR	1.00	Director	$0	$0	$0
JOHN THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
HOLLY BARRETT	EXECUTIVE DIRECTOR	40.00	Officer	$116,196	$0	$116,196

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$699,762	$662,309	$486,492	$37,453
2024	$644,645	$605,011	$449,683	$39,634
2023	$593,922	$632,279	$410,049	$-38,357
2022	$577,601	$571,721	$455,757	$5,880
2021	$9,265	$560,863	$452,817	$-551,598
2020	$1,129,744	$588,331	$1,000,167	$541,413
2019	$475,574	$455,456	$460,541	$20,118

OMAHA DOWNTOWN IMPROVEMENT DISTRICT ASSO