OMAHA MULTI SPORT COMPLEX

EIN: 455587726 501(c)(3) Recreation & Sports

OMAHA, NE

Total Revenue
$7,240,522
Total Expenses
$2,625,681
Total Assets
$38,773,668
Net Assets
$25,536,698
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NE
Principal Officer
LISA Y ROSKENS
Phone
4023345000
Tax Period
2023-01-01 to 2023-12-31

OMAHA MULTI SPORT COMPLEX, founded in 2012, is a community nonprofit in the Recreation & Sports sector that reported $7.2M in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $4.6M, a strong 64% operating margin.

Mission

TO PROVIDE PEOPLE OF ALL AGES WITH HIGH-QUALITY, YEAR-ROUND FACILITIES NEEDED TO PURSUE A HEALTHY LIFESTYLE AND COMPETITIVE GOALS, AS WELL AS HOST REGIONAL AND NATIONAL SPORTING EVENTS THAT WILL HAVE SIGNIFICANT AND RECURRING ECONOMIC IMPACT FOR THE METROPOLITAN AREA.

Program Service Accomplishments

Program 1
Expenses: $2,610,156 Revenue: $331,044

TO DEVELOP, CONSTRUCT AND OPERATE A CHAMPIONSHIP ATHLETIC PARK FOR USE BY THE GREATER OMAHA AREA AND STATE OF NEBRASKA. THE NEBRASKA MULTISPORT COMPLEX (NMSC) CONSISTS OF INDOOR AND OUTDOOR...

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TO DEVELOP, CONSTRUCT AND OPERATE A CHAMPIONSHIP ATHLETIC PARK FOR USE BY THE GREATER OMAHA AREA AND STATE OF NEBRASKA. THE NEBRASKA MULTISPORT COMPLEX (NMSC) CONSISTS OF INDOOR AND OUTDOOR FACILITIES, INCLUDING A NATATORIUM WITH FIVE BODIES OF WATER, A TENNIS CENTER WITH 6 INDOOR AND 6 OUTDOOR COURTS AND 1 DOUBLE AND 3 SINGLE SQUASH COURTS, A FIELDHOUSE WITH AN INDOOR SOCCER FIELD AND A SUPPORT CENTER FEATURING ADMINISTRATIVE OFFICES AND A SPORTS PERFORMANCE CENTER USED FOR ATHLETIC TRAINING, PHYSICAL THERAPY, REHAB THERAPY AND BIOMECHANICS. WITHIN THE NATATORIUM AND TENNIS CENTER THERE WILL BE 3,000 AND 800 PERMANENT SEATS, RESPECTIVELY. THE OUTDOOR FACILITIES WILL INCLUDE 12 REGULATION ARTIFICIAL TURF SOCCER FIELDS. THESE FIELDS WILL BE LIT FOR EVENING PLAY AND MULTI-LINED TO ACCOMMODATE SOCCER, LACROSSE AND FIELD HOCKEY. ADDITIONALLY, THERE WILL BE THREE SATELLITE BUILDINGS WITH RESTROOMS, CONCESSIONS, TOURNAMENT SERVICES SPACE AND PLAYGROUNDS. OTHER OUTDOOR FACILITIES WILL INCLUDE A COMPETITIVE 50M X 25YD X 8 LANE SWIMMING POOL (THE 2012 US OLYMPIC TRIALS POOL), AND A CHILDREN'S RECREATION POOL. THERE WILL BE MORE THAN 1,800 PARKING SPACES WITHIN THE ATHLETIC CAMPUS WITH AN ADDITIONAL 1,300 SPOTS AVAILABLE IN THE ADJACENT BUSINESS PARK FOR MAJOR EVENTS. AT THIS TIME, NMSC IS IN THE PROCESS OF RAISING THE FUNDS NECESSARY TO COMPLETE CONSTRUCTION OF THIS FACILITY.

Program 2
Expenses: $0

THE NEBRASKA MULTISPORT COMPLEX WILL PROVIDE SPORTS SCIENCE, STRENGTH AND CONDITIONING, AND TRAINING SUPPORT FACILITIES THAT WILL ATTRACT TOP TEAMS AND ATHLETES FROM OUTSIDE THE AREA. THIS WILL...

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THE NEBRASKA MULTISPORT COMPLEX WILL PROVIDE SPORTS SCIENCE, STRENGTH AND CONDITIONING, AND TRAINING SUPPORT FACILITIES THAT WILL ATTRACT TOP TEAMS AND ATHLETES FROM OUTSIDE THE AREA. THIS WILL EXPOSE LOCAL ATHLETES TO HIGHER LEVELS OF COMPETITION ON A REGULAR BASIS, RAISING THE BAR FOR LOCAL TEAMS AND ATHLETES. THE FACILITIES WILL ALSO SUPPORT AND ENHANCE ALL EXISTING METRO AREA PROGRAMS, INCLUDING RECREATIONAL, SCHOOL, COLLEGIATE AND CLUB PLAY.

Program 3
Expenses: $0

NEBRASKA MULTISPORT COMPLEX WILL PROVIDE ACCESS, AMENITIES AND SUPPORT FOR SPECIAL NEEDS PROGRAMS. WE WILL PROVIDE EDUCATIONAL, TEACHING, FITNESS, TRAINING AND EVENT PROGRAMS FOR SPECIAL OLYMPICS...

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NEBRASKA MULTISPORT COMPLEX WILL PROVIDE ACCESS, AMENITIES AND SUPPORT FOR SPECIAL NEEDS PROGRAMS. WE WILL PROVIDE EDUCATIONAL, TEACHING, FITNESS, TRAINING AND EVENT PROGRAMS FOR SPECIAL OLYMPICS, PARALYMPICS, WOUNDED WARRIORS AND ALL SPECIAL NEEDS POPULATIONS AND THE ORGANIZATIONS THAT SUPPORT THEM.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,900,023
Program Service Revenue $316,366
Investment Income $0
Other Revenue $24,133
TOTAL REVENUE $7,240,522

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,610,156
Other Expenses $2,625,681
TOTAL EXPENSES $2,625,681

Year-over-Year Comparison

2023 2022 Change
Revenue $7,240,522 $11,286,873 -0.4%
Expenses $2,625,681 $1,330,819 +1.0%
Net Income $4,614,841 $9,956,054 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
2
Employees
N/A
Volunteers
2

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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL CASSLING BOARD CHAIR 10.00
Officer Director
$0 $0 $0
LISA ROSKENS TREASURER/SECRETARY 5.00
Officer Director
$0 $0 $0
DEAN HOLLIS MEMBER 2.00
Director
$0 $0 $0
CRAIG SCRIVEN MEMBER 20.00
Director
$0 $0 $0
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
2024 No data No data No data No data
2023 $7,240,522 $2,625,681 $38,773,668 $4,614,841
2022 $11,286,873 $1,330,819 $34,012,649 $9,956,054
2021 $3,386,122 $754,398 $13,329,983 $2,631,724
2020 $3,615,472 $513,391 $12,488,311 $3,102,081
2019 $2,863,240 $543,706 $11,677,881 $2,319,534
2018 $2,461,746 $1,080,545 $11,841,597 $1,381,201
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