EIN 46-0469145

Invest Nebraska Corporation

IRS 501(c) type
501(c)(3)
Num. employees
15
Year formed
2002
Most recent tax filings
2022-12-01
Description
Invest Nebraska provides capital and operational assistance to early stage startups, develops high-growth infrastructure, promotes community and economic development.
Also known as...
Nebraska Venture Capital Forum Corporation
Total revenues
$7,658,576
2022
Total expenses
$2,411,383
2022
Total assets
$53,430,068
2022
Num. employees
15
2022

Program areas at Invest Nebraska Corporation

Seed fund program - the organization contracts with the state of Nebraska's department of economic development to provide capital to early-stage businesses through the business innovation act. These businesses are statutorily eligible for financing based on a series of qualifying factors. The organization also provides capital to early-stage businesses through federally designated grant funds.
Angel network development and education - develop regional angel networks across the state by educating potential investors on the importance of angel funding for a successful entrepreneurial climate.
The combine - an agrifood tech incubator located on Nebraska innovation campus to incubate high-growth, early-stage business in the ag and food technology space.
Operational assistance program - provide operational assistance to those startup businesses that need to complete additional projects in order to attract outside capital.
Biotect connector - provide wet lab space and technical assistance to high-growth, early-stage businesses in the bio technology space.
Heartland robotics cluster - the organization, with a coalition of partners, received funding throught the u.s. department of commerce - economic development administration to build programs and capacity to make Nebraska a leader in robotics and automation

Who funds Invest Nebraska Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Ewing Marion Kauffman FoundationSupport for the Launch of A Precision Agriculture Entrepreneurship Education Program To Support the Creation and Growth of Agriculture Related Startups in the Norfolk, Nebraska Region. 202105-10655$125,000
Peter Kiewit FoundationTo Provide Three Years of Program Support for the Combine.$40,000

Personnel at Invest Nebraska Corporation

NameTitleCompensation
Dan HoffmanChief Executive Officer$200,217
Ben WilliamsonGeneral Counsel$160,600
Joseph YoungChairman / Secretary / Director$0
Phil BakkenSecretary / Director$0
Richard BaierTreasurer / Chairman / Secretary / Director$0
...and 2 more key personnel

Financials for Invest Nebraska Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$4,391,777
Program services$111,660
Investment income and dividends$290,932
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$2,762,169
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$102,038
Total revenues$7,658,576

Form 990s for Invest Nebraska Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-31990View PDF
2021-122022-11-14990View PDF
2020-122021-07-02990View PDF
2019-122020-10-15990View PDF
2018-122019-10-12990View PDF
...and 11 more Form 990s
Data update history
January 21, 2024
Updated personnel
Identified 2 new personnel
January 14, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Received grants
Identified 1 new grant, including a grant for $40,000 from Peter Kiewit Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
801 R St Ste 1
Lincoln, NE 68508
Metro area
Lincoln, NE
County
Lancaster County, NE
Website URL
investnebraska.com/ 
Phone
(402) 742-7860
IRS details
EIN
46-0469145
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2002
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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