Nonprofit · EIN 47-0524996
FIRST NEBRASKA CREDIT UNION
Tax-exempt · OMAHA, NE 68134
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $12,146,562 | $10,239,728 | $1,906,834 | $181,833,459 | $154,661,979 | $27,171,480 |
| December 31, 2024 | 990 | $11,132,438 | $10,086,553 | $1,045,885 | $182,580,654 | $158,164,378 | $24,416,276 |
| December 31, 2023 | 990 | $10,375,432 | $9,182,193 | $1,193,239 | $185,047,466 | $161,559,693 | $23,487,773 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $10,526,883
- Investment income
- $1,619,679
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $24,474
- Accounting fees
- $32,859
- Occupancy
- $389,017
- Depreciation
- $399,374
Balance sheet and other
- Total assets, start of year
- $182,580,655
- Total assets, end of year
- $181,833,459
- Total liabilities, end of year
- $154,661,979
- Net assets, end of year
- $27,171,480
- Land, buildings and equipment
- $5,993,254
- Publicly traded securities
- $33,627,187
- Gross receipts
- $12,146,562
- Employees
- 0
- Volunteers
- 8
- Year formed
- 1964
- State of legal domicile
- NE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JULIE BEERS | Director Trustee or director | 1 | $0 |
| PHIL KOTTMEYER | Director Trustee or director | 1 | $0 |
| K PAUL COLLETT JR | Director Trustee or director | 1 | $0 |
| KAREN FISHER | Director Trustee or director | 1 | $0 |
| WILLIAM BURNS | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JULIE BEERS | BOARD MEMBER Trustee or director | 1 | $0 |
| WILLIAM BURNS | BOARD MEMBER Trustee or director | 1 | $0 |
| KAREN FISHER | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL HOSOVEC | BOARD MEMBER Trustee or director | 1 | $0 |
| PAUL COLLETT JR | BOARD MEMBER Trustee or director | 1 | $0 |
| PHIL KOTTMEYER | BOARD MEMBER Trustee or director | 1 | $0 |
| NANCY WALLACE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JULIE BEERS | BOARD MEMBER Trustee or director | 1 | $0 |
| KAREN FISHER | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL HOSOVEC | BOARD MEMBER Trustee or director | 1 | $0 |
| PAUL COLLETT JR | BOARD MEMBER Trustee or director | 1 | $0 |
| PHIL KOTTMEYER | BOARD MEMBER Trustee or director | 1 | $0 |
| CASSAUNDRA MARISETT-BANKS | BOARD MEMBER Trustee or director | 1 | $0 |
| NANCY WALLACE | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 10655 BEDFORD AVE, OMAHA, NE 68134-3613
- Principal officer (990 for 2025)
- DALE KOVAR
- Signed the 990
- DALE KOVAR, PRESIDENT/CEO
- Phone
- (402) 492-9100
- Website
- www.firstnebraska.org
- Return prepared by
- Petersen & Associates CPA
Mission
STATE CHARTERED CREDIT UNION
Program accomplishments
- N/A
- N/A
- N/A
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-0524996
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1951
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 1143: NEBRASKA CREDIT UNION LEAGUE INC
- Assets (IRS master file)
- $181,833,459
- Income (IRS master file)
- $12,146,562
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $12,146,562 | $10,239,728 | $181,833,459 | IRS |
| 990 | December 2024 | $11,132,438 | $10,086,553 | $182,580,654 | IRS |
| 990 | December 2023 | $10,375,432 | $9,182,193 | $185,047,466 | XML |
| 990 | December 2022 | $8,714,071 | $8,214,075 | $183,513,271 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-0524996).
Questions about FIRST NEBRASKA CREDIT UNION
- What is the EIN of FIRST NEBRASKA CREDIT UNION?
- The employer identification number (EIN) of FIRST NEBRASKA CREDIT UNION is 47-0524996.
- Is FIRST NEBRASKA CREDIT UNION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1951.
- Are donations to FIRST NEBRASKA CREDIT UNION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does FIRST NEBRASKA CREDIT UNION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FIRST NEBRASKA CREDIT UNION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FIRST NEBRASKA CREDIT UNION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FIRST NEBRASKA CREDIT UNION?
- The 990 for the year ended December 31, 2025 names DALE KOVAR.
- Who are the officers and directors of FIRST NEBRASKA CREDIT UNION?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does FIRST NEBRASKA CREDIT UNION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $12,146,562, expenses of $10,239,728 and total assets of $181,833,459 at year end.
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