Momentum Housing

Omaha, NE
Tax-exempt since July 1995
EIN: 47-0785685

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Housing, Shelter / Housing Development, Construction, Management (NTEE)

Donations to this organization are tax deductible.

Revenue

$68.3M (2022)

Expenses

$88M (2022)

Total Assets

$662M (2022)

Total Liabilities

$704M (2022)

Source: Form 990 tax filings from 2010 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Revenue

$68,326,602

Expenses

$88,011,731

Net Income

-$19,685,129

Net Assets

-$41,349,410

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$65,556,601	95.9%
Investment Income	$2,717,046	4.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$52,955	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,461,575	1.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,864,029	5.5%

Assets/Debt
Total Assets	$662,375,296
Total Liabilities	$703,724,706
Net Assets	-$41,349,410

Compensation

Key Employees and Officers	Compensation	Related	Other
Mark Hiatt (President)	$995,000	$0	$0
Mitchell Hiatt (Vice President And General)	$350,000	$0	$0
Sharise Engel (Chief Financial Officer)	$86,875	$0	$0
Drew Fitch (Vice President)	$9,900	$0	$0
Dave Wilkinson (Director)	$9,900	$0	$0
Steve Cocrell (Director)	$9,900	$0	$0

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990

Filed on Nov. 15, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending Dec.
2021

Revenue

$34,736,721

Expenses

$48,939,935

Net Income

-$14,203,214

Net Assets

-$21,664,281

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$34,702,287	99.9%
Investment Income	$34,434	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,321,700	2.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,632,826	5.4%

Assets/Debt
Total Assets	$529,060,224
Total Liabilities	$550,724,505
Net Assets	-$21,664,281

Compensation

Key Employees and Officers	Compensation	Related	Other
Mark Hiatt (President)	$990,000	$0	$0
Mitchell Hiatt (Vice President And General Counsel)	$302,000	$0	$0
Drew Fitch (Vice President)	$9,900	$0	$0
Dave Wilkinson (Director)	$9,900	$0	$0
Steve Cocrell (Director)	$9,900	$0	$0

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990

Filed on Nov. 14, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$11,783,178

Expenses

$18,029,481

Net Income

-$6,246,303

Net Assets

-$7,461,067

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$11,595,392	98.4%
Investment Income	$37,126	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$156,141	1.3%
Net Fundraising	$0
Sales of Assets	-$5,481
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$900,000	5.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$998,371	5.5%

Assets/Debt
Total Assets	$186,551,161
Total Liabilities	$194,012,228
Net Assets	-$7,461,067

Compensation

Key Employees and Officers	Compensation	Related	Other
Mark Hiatt (President)	$865,000	$0	$0
Drew Fitch (Vice President)	$15,000	$0	$0
Dave Wilkinson (Director)	$10,000	$0	$0
Steve Cocrell (Director)	$10,000	$0	$0

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990

Filed on Nov. 15, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2019

Revenue

$3,898,223

Expenses

$4,331,933

Net Income

-$433,710

Net Assets

-$969,781

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,284,109	84.2%
Investment Income	$17,336	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$596,778	15.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$213,333	4.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$394,637	9.1%

Assets/Debt
Total Assets	$31,589,578
Total Liabilities	$32,559,359
Net Assets	-$969,781

Compensation

Key Employees and Officers	Compensation	Related	Other
Mark Hiatt (President)	$195,833	$0	$0
Drew Fitch (Vice President)	$7,500	$0	$0
Dave Wilkinson (Director)	$5,000	$0	$0
Steve Cocrell (Director)	$5,000	$0	$0

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990

Filed on May 13, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$4,423,391

Expenses

$5,507,949

Net Income

-$1,084,558

Net Assets

-$540,492

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,846,735	64.4%
Investment Income	$41,961	0.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,534,695	34.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$60,000	1.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$352,098	6.4%

Assets/Debt
Total Assets	$31,619,576
Total Liabilities	$32,160,068
Net Assets	-$540,492

Compensation

Key Employees and Officers	Compensation	Related	Other
Mark Hiatt (President)	$25,000	$0	$25,000
Drew Fitch (Vice President)	$15,000	$0	$15,000
Dave Wilkinson (Director)	$10,000	$0	$10,000
Steve Cocrell (Director)	$10,000	$0	$10,000

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990

Filed on April 18, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending Dec.
2017

Revenue

$39,594

Expenses

$433,116

Net Income

-$393,522

Net Assets

$540,093

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$35,910	90.7%
Investment Income	$7	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$3,677	9.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$32,489,347
Total Liabilities	$31,949,254
Net Assets	$540,093

Compensation

Key Employees and Officers	Compensation	Related	Other
Drew Fitch (Vice Preside)	$0	$0	$0
Dave Wilkinson (Director)	$0	$0	$0
Steve Cockrell (Director)	$0	$0	$0
Mark Hiatt (President)	$0	$0	$0

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990

Filed on Sept. 10, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2016

Revenue

$892,025

Expenses

$858,866

Net Income

$33,159

Net Assets

$771,128

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$831,939	93.3%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$62,859	7.0%
Net Inventory Sales	$0
Other Revenue	-$2,773

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$87,815	10.2%

Assets/Debt
Total Assets	$780,161
Total Liabilities	$9,033
Net Assets	$771,128

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$770,141

Expenses

$798,120

Net Income

-$27,979

Net Assets

$727,903

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$774,086	> 100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	-$3,945

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$74,429	9.3%

Assets/Debt
Total Assets	$5,055,348
Total Liabilities	$4,327,445
Net Assets	$727,903

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$1,442,056

Expenses

$1,314,574

Net Income

$127,482

Net Assets

$760,465

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$739,037	51.2%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$703,019	48.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$78,927	6.0%

Assets/Debt
Total Assets	$5,215,978
Total Liabilities	$4,455,513
Net Assets	$760,465

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$947,554

Expenses

$428,106

Net Income

$519,448

Net Assets

$627,324

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$70,198	7.4%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$877,356	92.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,124	1.4%

Assets/Debt
Total Assets	$5,139,520
Total Liabilities	$4,512,196
Net Assets	$627,324

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

-$6,292

Expenses

$15,794

Net Income

-$22,086

Net Assets

$101,285

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	-$6,292

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$101,296
Total Liabilities	$11
Net Assets	$101,285

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$3,506,935

Expenses

$3,792,312

Net Income

-$285,377

Net Assets

$116,802

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,684,031	76.5%
Investment Income	$110	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$822,794	23.5%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$341,365	9.0%

Assets/Debt
Total Assets	$118,168
Total Liabilities	$1,366
Net Assets	$116,802

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Revenue

$2,611,131

Expenses

$3,873,170

Net Income

-$1,262,039

Net Assets

-$1,147,698

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,611,002	100.0%
Investment Income	$129	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$233,186	6.0%

Assets/Debt
Total Assets	$24,351,815
Total Liabilities	$25,499,513
Net Assets	-$1,147,698

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2003

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2002

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2001

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Updated November 21, 2024

Momentum Housing

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $68.3M (2022)

Expenses $88M (2022)

Total Assets $662M (2022)

Total Liabilities $704M (2022)

Tax Filings by Year

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2010

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Revenue

$68.3M (2022)

Expenses

$88M (2022)

Total Assets

$662M (2022)

Total Liabilities

$704M (2022)

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001