EIN 20-1978483

Nehi

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2005
Most recent tax filings
2024-12-01
Description
NEHI administers the purchase/rehab/sell program by utilizing HUD home funds from the Nebraska department of economic development (nded). The program is designed for households who are at or below 80% of the area median income. Nehi purchases and renovates houses in Allen, NE with a mission to build strong communities through housing.
Total revenues
$799,614
2024
Total expenses
$892,238
2024
Total assets
$1,165,199
2024
Num. employees
0
2024

Program areas at Nehi

Nehi, Inc. administers the purchase/rehab/sell program using hud home funds provided through the Nebraska department of ecomonic development (nded). Households at or below 80% of the area median income qualify for the program. Nehi, Inc. Purchases the house, oversees the rehab work done to nded rehab standards, and sells the house to the buyer. At the time of sale, Nehi, Inc. Provides approximately 20% of the cost of the home through a 0% loan that is deferred until the first home loan is paid off, the house is sold, or the buyer defaults. Nehi, Inc. also provides reach standard homebuyer education and housing counseling.

Financials for Nehi

RevenuesFYE 12/2024
Total grants, contributions, etc.$227,979
Program services$567,564
Investment income and dividends$4,071
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$799,614
Data update history
March 27, 2025
Posted financials
Added Form 990 for fiscal year 2024
March 24, 2025
Updated personnel
Identified 2 new personnel
November 26, 2024
Updated personnel
Identified 5 new personnel
November 24, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 24, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
Receives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
407 E 7th St
Wakefield, NE 68784
Metro area
Sioux City, IA-NE-SD
County
Wayne County, NE
Website URL
northeasthousing.org/ 
Phone
(402) 287-8022
IRS details
EIN
20-1978483
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2005
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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