HOLY NAME HOUSING CORPORATION Charity Report

Public IRS 990 nonprofit record

HOLY NAME HOUSING CORPORATION

EIN 47-0653390 · Housing Rehabilitation (L25)

What they do

HOLY NAME HOUSING CORPORATION (HNHC) is A COMMUNITY HOUSING DEVELOPMENT ORGANIZATION (CHDO) IN OMAHA, NE. HNHC is A UNIQUE ORGANIZATION - A "ONE STOP SHOP." HNHC is OWNER/GENERAL PARTNER, CONSTRUCTION CONTRACTOR, DEVELOPER, MANAGER and SUPPORTIVE SERVICES PROVIDER for OUR HOUSING DEVELOPMENTS.HNHCS PRIMARY GOAL is to REVITALIZE OMAHA and SURROUNDING COMMUNITY NEIGHBORHOODS BY CONSTRUCTING NEW HOMES ON VACANT LOTS and RENOVATING SUBSTANDARD PROPERTIES. HNHC OFFERS A RENT to OWN PROGRAM THAT PROVIDES SUPPORTIVE SERVICES to PREPARE LOW to MODERATE INCOME FAMILIES IN PURCHASING HOUSING THAT is AFFORDABLE and SUSTAINABLE. THE PROGRAM OFFERS TENANTS AN AFFORDABLE PLACE to LIVE, AN ESCROW ACCOUNT AS PART of EACH MONTHS RENT and SUPPORTIVE SERVICES. THESE SERVICES INCLUDE: INDIVIDUALIZED CASE MANAGEMENT and EDUCATION ON THE BASICS of BUDGETING, CREDIT, MORTGAGE LENDING and MAINTENANCE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $53.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

22.12%of revenue went to mission work53.4% of expenses · Program services

$41.39spent for every $100 of revenueRevenue covered expenses this year.

19.27%of revenue went to management and office costs46.6% of expenses

$10.58in assets for every $1 spent this yearSome assets cannot be spent right away.

66.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $138,714 for MATTHEW CAVANAUGH (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$7,152,500

Mission workProgram services$1,582,24222.12% of revenue53.4% of expenses

ManagementOffice and general costs$1,378,38019.27% of revenue46.6% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$4,191,87858.61% of revenueShown in gray on the chart

Total expenses$2,960,62241.39% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 53.4% mission · 46.6% management · 0.0% fundraisingTotal expenses: 41.39% of revenue

2023Expense mix: 81.6% mission · 18.4% management · 0.0% fundraisingTotal expenses: 64.39% of revenue

2022Expense mix: 90.7% mission · 9.3% management · 0.0% fundraisingTotal expenses: 86.19% of revenue

2021Expense mix: 99.1% mission · 0.9% management · 0.0% fundraisingTotal expenses: 74.76% of revenue

2020Expense mix: 99.1% mission · 0.9% management · 0.0% fundraisingTotal expenses: 88.53% of revenue

2019Expense mix: 96.5% mission · 3.5% management · 0.0% fundraisingTotal expenses: 74.80% of revenue

2018Expense mix: 99.2% mission · 0.8% management · 0.0% fundraisingTotal expenses: 82.87% of revenue

2017Expense mix: 98.5% mission · 1.5% management · 0.0% fundraisingTotal expenses: 107.15% of revenue

Money in and money out

Revenue$7,152,500

Expenses$2,960,622

Annual surplus $4,191,878 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,582,242 · 53.4% of expenses

Management and office costs$1,378,380 · 46.6% of expenses

See all reported dollar amounts

Revenue$7,152,500

Expenses$2,960,622

Assets$31,313,624

Income$9,556,282

Contributions$4,771,468

Mission work (program services)$1,582,242

Management and general$1,378,380

Accounting fees$117,949

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MATTHEW CAVANAUGHEXECUTIVE DIRECTOR · 40 hrs/week $138,714Base $121,072 · Other $17,642

CORY JENSENCONSTRUCTION MANAGER · 40 hrs/week $131,559Base $113,917 · Other $17,642

ELAINE LEIBERTCFO · 40 hrs/week $105,997Base $93,868 · Other $12,129

MARY ANDERSONDIRECTOR OF DEVELOPMENT · 40 hrs/week $102,872

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (13)

MATTHEW CAVANAUGHEXECUTIVE DIRECTOR

CORY JENSENCONSTRUCTION MANAGER

ELAINE LEIBERTCFO

MARY ANDERSONDIRECTOR OF DEVELOPMENT

ADDISON MCCAULEYDIRECTOR

CAITLIN CEDFELDTSECRETARY

DANIEL BOLERPRESIDENT

LAURA TARPINIANDIRECTOR

MICHAEL BEVERLYTREASURER

PAT EVANSDIRECTOR

RYAN BOYDVICE PRESIDENT

URI RUEDA LICEADIRECTOR

WES HUTCHERSONDIRECTOR

About this charity

Recognized since: January 1983
Location: 4324 FORT ST, OMAHA, NE 68111-1849
County: Douglas
In care of: % MICHAEL J GAWLEY
Primary officer: DAN BOHLER, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailadmin@holynamehousing.org Phone(402) 453-6100

Filing and classification

Latest tax year: 2024
Tax period began: April 1, 2024
Return type: 990
Tax preparer: LUTZ AND COMPANY PC
NTEE classification: Housing Rehabilitation (L25)
IRS tax category: Housing Rehabilitation