2025-10-20T20:01:41-05:00 2025-06-30 334615897 NEWSOME BOOKKEEPING AND TAX SVC LLC 1701 N 24TH STREET SUITE 102 OMAHA NE 68110 990 2024-07-01 043617019 GESU HOUSING INC GESU 4026144776 7602 PACIFIC STREET ROOM LL101 OMAHA NE 68144 PATRICIA EVANS EXECUTIVE DIRECTOR 4026144776 2025-09-22 true true SYLVIA L NEWSOME P00696408 4022123338 2025-10-16 X 2024 2025-03-06 01:10:19Z PATRICIA EVANS 7602 PACIFIC STREET LL101 OMAHA NE 68144 753966 false X GESUHOUSING.ORG X 2002 NE To build quality, energy efficient, affordable homes to assist families in realizing a safe secure, stable living experience while strengthening and revitalizing their neighborhoods 8 8 1 8 0 839975 742793 330000 0 4376 9949 10271 1224 1184622 753966 6500 6500 0 104047 127942 0 35999 613533 699195 724080 833637 460542 -79671 704583 624661 293425 293425 411158 331236 TO BUILD QUALITY, ENERGY EFFICIENT, AFFORDABLE HOMES TO ASSIST FAMILIES IN REALIZING A SAFE, SECURE, STABLE LIVING EXPERIENCE WHILE STRENGTHENING AND REVITALIZING THEIR NEIGHBORHOODS. false false 738873 6500 THE MISSION OF GESU HOUSING INC IS TO BUILD QUALITY, ENERGY EFFICIENT, AFFORDABLE HOMES TO ASSIST FAMILIES IN REALIZING A SAFE, SECURE, STABLE LIVING EXPERIENCE WHILE STRENGTHENING AND REVITALIZING THEIR NEIGHBORHOODS. DUE TO THE NATURE OF THE PURPOSE OF THE ORGANIZATION, NEARLY ALL PROGRAM SERVICES RELATED EXPENSES ARE CAPITALIZED TO INVENTORY. CASH EXPENDITURES RELATED TO BUILDING HOUSES WAS CAPITALIZED TO INVENTORY DURING THE YEAR ENDING JUNE 30, 2025. IT IS THE ORGANIZATION S INTENT TO REFLECT THE COSTS OF THE HOUSES AT THE TIME THEY ARE SOLD, RATHER THAN AS THE EXPENDITURES ARE INCURRED. AS OF JUNE 30, 2025, THREE HOUSES WERE COMPLETED AND ARE READY TO BE SOLD. 738873 true true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 0 0 1 true false false false false false false false false false X 8 8 false false false false false false false true true false false true true true true false false true false false THE ORGANIZATION 4026144776 7602 PACIFIC STREET RM LL101 OMAHA NE 68114 PATRICIA EVANS EXECUTIVE DIRECTOR 40 X 95000 0 0 BURKE HARR BOARD CHAIR 1 X X 0 0 0 DAN DOUGHERTY VICE PRESIDENT 1 X X 0 0 0 MIKE GILLOON SECRETARY 1 X X 0 0 0 NATASHA BROWN DIRECTOR 1 X 0 0 0 KRISTEN BROYHILL DIRECTOR 1 X 0 0 0 KAYLA SIMPSON DIRECTOR 1 X 0 0 0 MATTHEW WALSH DIRECTOR 1 X 0 0 0 MARY PACKET DIRECTOR 1 X 0 0 0 95000 false false false 600000 142793 742793 9949 9949 INSURANCE REIMBURSEMENT 900099 973 973 MISC INC 900099 251 251 1224 753966 251 10922 6500 6500 95000 47500 23750 23750 16998 8499 4250 4249 15944 7972 3986 3986 7959 7959 18832 18832 328 328 3164 1582 1582 4760 2380 1190 1190 242 242 5037 3737 1300 SUPPLIES 2327 582 1163 582 TELEPHONE AND INTERNET 2639 660 1319 660 HOME BUILDING AND SELLING 652292 652292 DUES AND SUBSCRIPTIONS 550 550 1065 1065 833637 738873 58765 35999 652037 569769 13000 6500 39546 48392 704583 624661 293425 293425 293425 293425 X 111158 31236 300000 300000 0 0 411158 331236 704583 624661 X -79671 -251 X X false false false X 581899 376717 214084 839975 742793 2755468 581899 376717 214084 839975 742793 2755468 2755468 1265 754 1191 4376 9949 17535 1344 1233 2577 8725 973 9698 2785278 0.9893 0.9807 X 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORGIVENESS OF NOTE RECEIVABLE 1 6500 FMV $6500 OF PRINCIPAL BAL FORGIVEN EACH DECEMBER PART IV $6,500 OF PRINCIPAL BALANCE OF THIS LOAN WILL BE FORGIVEN IN DECEMBER OF EACH YEAR THROUGH DECEMBER 2025 IF BORROWER IS CURRENT ON PAYMENTS, MAINTAINS HOME AS PRINCIPAL RESIDENCE AND CONTINUES TO MAKE ALL INSURANCE AND TAX PAYMENTS. ALL INTEREST PAID DURING ANY CALENDAR YEAR, SO LONG AS THE LOAN IS NOT IN DEFAULT, WILL BE APPLIED TO THE FIRST INSTALLMENT OF PROPERTY TAXES TO BE PAID IN MARCH OF THE FOLLOWING CALENDAR YEAR. PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS AT THE NEXT SCHEDULED BOARD MEETING AFTER COMPLETION. PART VI, SECTION B, LINE 12c EACH DIRECTOR AND OFFICER OF THE ORGANIZATION SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST TO THE BOARD AND BE GIVEN THE OPPORTUNITY TO EXPLAIN ALL MATERIAL FACTS TO THE BOARD IN CONNECTION WITH THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCUSSION OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS TO THE BOARD, THE DISINTERESTED BOARD MEMBERS SHALL DECIDE BY MAJORITY VOTE WHETHER A CONFLICT OF INTEREST EXISTS AND, IF SO, WHETHER TO WAIVE THE CONFLICT OF INTEREST WITH THE INTERESTED PERSON. PART VI, SECTION C, LINE 19 THE ORGANIZATION S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PART XII, LINE 1 MODIFIED CASH BASIS PART VI, SECTION B, LINE 15a Annually the Board of Directors review the performance of the executive director and other industry benchmarks and sets the annual salary for this position. PART XI, LINE 9 Updated entries posted erroneously to a closed bank account