NonprofitsMidwest Housing Equity Group Inc

Housing & Shelter

Midwest Housing Equity Group Inc

OMAHA, NE

Total revenue

$20.7M

Total expenses

$15.1M

Net assets

$71.0M

Grants received

$30K

2 grants

EIN

470767984

Tax year

2024

Mission

Midwest housing equity group, inc's mission is to change lives for a better tomorrow by promoting the development and sustainability of quality affordable housing.

Programs

1 program

W-homes, llc was formed to develop and perform as the co-general partner in partnerships holding affordable housing which are eligible for federal tax credits under section 42 of the internal revenue code. Mheg is the sole member of w-homes. W-homes earns fees from services rendered in connection with the acquisition, development, and construction of affordable housing projects.

Expenses: $91K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$19.5M
Investment income$1.2M
Other revenue
Total revenue$20.7M

Expenses

Grants paid$235K
Salaries & benefits$11.3M
Fundraising
Other expenses$3.6M
Total expenses$15.1M
Total assets$76.6M
Net assets$71.0M

People

18 listed

NameRoleCompensation

JOHN WIECHMANN

PRESIDENT AND CEO

Board

$1.2M

40 hrs/wk

BECKY CHRISTOFFERSEN

CIO

Board

$659K

40 hrs/wk

ANN BURGE

COO

Board

$621K

40 hrs/wk

JASON MAIN

CFO

Board

$609K

40 hrs/wk

TOM STRATMAN

CHIEF ACQUISITIONS OFFICER

Board

$494K

40 hrs/wk

KEVIN LAWRENCE

DIRECTOR

Board

1 hrs/wk

DAN LONERGAN

CHAIR OF THE BUDGET & COMPENSATION COMMITTEE

Board

1 hrs/wk

CHRISTOPHER HITE

DIRECTOR

Board

1 hrs/wk

BARRY G SANDSTROM

CHAIRMAN

Board

1 hrs/wk

FRANK HAYES

VICE CHAIRMAN

Board

1 hrs/wk

KIRK KELLNER

SECRETARY

Board

1 hrs/wk

GREGG YEUTTER

DIRECTOR

Board

1 hrs/wk

NICOLE THEOPHILUS

CHAIRMAN

Board

1 hrs/wk

JORDAN ABBOUD

SENIOR VP OF ASSET MANAGEMENT

Staff

$284K

40 hrs/wk

SAMMY EHTISHAM

VP OF ACQUISITIONS

Staff

$268K

40 hrs/wk

ANDREA FRYMIRE

VP OF COMMUNITY INVESTMENTS

Staff

$237K

40 hrs/wk

JOSHUA YUREK

VP OF GOVERNMENT AFFAIRS & COMMUNITY OUTREACH

Staff

$223K

40 hrs/wk

SCOTT FITZPATRICK

DIRECTOR OF ACQUISITIONS

Staff

$219K

40 hrs/wk

Independent contractors

DAUBY O'CONNOR & ZALESKI

AUDITING AND TAX SERVICES

$1.5M

LUTZ TECHNOLOGY

INFORMATION TECHNOLOGY

$292K

MRI SOFTWARE LLC

DATA MANAGEMENT

$273K

KUTAK ROCK LLP

LEGAL SERVICES

$158K

SPECTRUM ENTERPRISES INC

CONSULTING SERVICES

$114K

Grants received

Showing 2 of 2

FromAmountPurposeYear
$10K
PROMOTE THE DEVELOPMENT AND SUSTAINABILITY OF QUALITY AFFORDABLE HOUSING
2023

Funded by

$30K from 2 funders · 2 grants · 2023

Details

EIN470767984
NTEE codeL99Z
Subsection03
Ruling date1993-11
Formed1993
Employees57
Volunteers0
MIDWEST HOUSING EQUITY GROUP INC — Mission, Financials & Grants Received | Grantivo