Nebraska Innovation Campus Development Corporation

EIN: 275334174 501(c)(3) Education

Lincoln, NE

Total Revenue
$3,471,005
Total Expenses
$1,158,994
Total Assets
$4,714,829
Net Assets
$2,290,813
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NE
Phone
4024722881
Tax Period
2024-04-01 to 2025-03-31

Nebraska Innovation Campus Development Corporation, founded in 2010, is a community nonprofit in the Education sector that reported $3.5M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 67% operating margin.

Mission

Nebraska Innovation Campus Development Corporation's mission is the development of a sustainable research campus which capitalizes on research growth and expertise of University of Nebraska - Lincoln (UNL) faculty.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,300,000
Program Service Revenue $0
Investment Income $41,065
Other Revenue $1,129,940
TOTAL REVENUE $3,471,005

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $928,137
Other Expenses $1,158,994
TOTAL EXPENSES $1,158,994

Year-over-Year Comparison

2024 2023 Change
Revenue $3,471,005 $2,795,045 +0.2%
Expenses $1,158,994 $3,818,714 -0.7%
Net Income $2,312,011 $-1,023,669 -3.3%
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

Sign In

Governance

Voting Members
11
Independent Members
7
Employees
N/A
Volunteers
7

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
5
$859,339
Total Directors
14
$2,294,686
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Matt Williams Chairman 1.0
Officer Director
$0 $0 $0
Michael Zeleny Treasurer 1.0
Officer Director
$0 $63,893 $430,581
Tonn Ostergard Vice Chairman 1.0
Officer Director
$0 $0 $0
Dan Hoffman Director (Beg 03/2025) 1.0
Director
$0 $0 $0
Dana Bradford Director 1.0
Director
$0 $0 $0
Jennifer Nelson Director (BEG 11/2024) 1.0
Director
$0 $41,271 $274,695
Jessica Korinek Director (Beg 03/2025) 1.0
Director
$0 $0 $0
Larry Miller Director 1.0
Director
$0 $0 $0
Michael Boehm Director 1.0
Director
$0 $49,491 $435,043
Preeta Banasal Director (THRU 06/2024) 1.0
Director
$0 $0 $0
Rodney Bennett Director 1.0
Director
$0 $62,336 $781,918
Sherri Jones Director (THRU 11/2024) 1.0
Director
$0 $48,603 $372,449
Tom Henning Director 1.0
Director
$0 $0 $0
Vishal Singh Director (THRU 06/2024) 1.0
Director
$0 $0 $0
Kate Engel Executive Director/Secretary 40.0
Officer
$0 $24,012 $200,189
Lacey Rohe Assistant Treasurer 1.0
Officer
$0 $46,461 $228,569
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 $3,471,005 $1,158,994 $4,714,829 $2,312,011
2024 $2,795,045 $3,818,714 $5,330,100 $-1,023,669
2023 $1,320,622 $1,247,460 $2,789,364 $73,162
2022 $1,171,422 $938,659 $1,518,904 $232,763
2021 $932,310 $666,114 $727,457 $266,196
2020 $813,340 $669,537 $468,356 $143,803
2019 $541,217 $652,761 $349,184 $-111,544
Explore More Nonprofits
Top 100 Nonprofits in Nebraska Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Nebraska Innovation Campus Development Corporation with other nonprofits in Nebraska and across the country.