Nonprofit · EIN 81-3999486
SOUTH OF DOWNTOWN COMMUNITY DEVELOPMENT ORGANIZATION
Tax-exempt · LINCOLN, NE 68503
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $162,106 | $2,181,867 | -$2,019,761 | $1,377,593 | $2,837 | $1,374,756 |
| December 31, 2024 | 990 | $603,207 | $170,540 | $432,667 | $3,401,764 | $7,247 | $3,394,517 |
| December 31, 2023 | 990 | $953,245 | $222,013 | $731,232 | $3,199,159 | $237,309 | $2,961,850 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $115,234
- Program service revenue
- $0
- Investment income
- $34,702
- Net rental income
- $12,170
- Other revenue
- $12,170
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $40,178
- Depreciation
- $36,231
- Program services (functional)
- $2,150,693
- Management and general (functional)
- $28,604
- Fundraising (functional)
- $2,570
Balance sheet and other
- Total assets, start of year
- $3,401,764
- Total assets, end of year
- $1,377,593
- Total liabilities, end of year
- $2,837
- Net assets, end of year
- $1,374,756
- Land, buildings and equipment
- $1,154,972
- Net assets without donor restrictions
- $1,374,756
- Gross receipts
- $183,285
- Employees
- 0
- Volunteers
- 7
- Year formed
- 2017
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CHARLES WESCHE | CHIEF EXECUTIVE OFFICER Officer | 2 | $0 | $119,651 | $3,590 |
| KILE JOHNSON | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CARINA MCCORMICK | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| RAINA ENGELHARD | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| LISA JANSSEN | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| JON CARLSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CHIP DEBUSE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| GREG NEWPORT | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KILE JOHNSON | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JESS GIESEKE | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| CARINA MCCORMICK | TREASURER Trustee or director, Officer | 0.5 | $0 |
| SOURABH CHAKRBORTY | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| JON CARLSON | DIRECTOR Trustee or director | 0.5 | $0 |
| CHIP DEBUSE | DIRECTOR Trustee or director | 0.5 | $0 |
| RAINA ENGELHARD | DIRECTOR Trustee or director | 0.5 | $0 |
| LISA JANSSEN | DIRECTOR Trustee or director | 0.5 | $0 |
| GREG NEWPORT | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARINA MCCORMICK | PRESIDENT Trustee or director, Officer | 1 | $0 |
| KILE JOHNSON | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| DAVID SCHMIDT | TREASURER Trustee or director, Officer | 0.5 | $0 |
| SOURABH CHAKRBORTY | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| JON CARLSON | DIRECTOR Trustee or director | 0.5 | $0 |
| KIM COLEMAN | DIRECTOR Trustee or director | 0.5 | $0 |
| CHIP DEBUSE | DIRECTOR Trustee or director | 0.5 | $0 |
| RAINA ENGELHARD | DIRECTOR Trustee or director | 0.5 | $0 |
| JESS GIESEKE | DIRECTOR Trustee or director | 0.5 | $0 |
| LETURA IDIGIMA | DIRECTOR Trustee or director | 0.5 | $0 |
| LISA JANSSEN | DIRECTOR Trustee or director | 0.5 | $0 |
| GREG NEWPORT | DIRECTOR Trustee or director | 0.5 | $0 |
| RUTH SORILLA | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 2530 Q ST, LINCOLN, NE 68503-3538
- Principal officer (990 for 2025)
- CHARLES WESCHE, 2530 Q ST, LINCOLN, NE 685033538
- Signed the 990
- CHARLES WESCHE, CEO
- Phone
- (402) 477-7181
- Website
- LINCOLNSOUTHDOWNTOWN.ORG
- Return prepared by
- HBE LLP
Mission
ENRICH THE QUALITY OF LIFE FOR RESIDENTS OF NEAR SOUTH AND EVERETT NEIGHBORHOODS THROUGH COLLABORATION, ECONOMIC OPPORTUNTIES, AND COMMUNITY DEVELOPMENT.
Program accomplishments
- BUILD VIBRANT NEIGHBORHOODS THAT PROVIDE EQUITABLE OPPORTUNITIES FOR PEOPLE TO THRIVE.Expenses $2,150,693 · revenue $12,170
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
- 81-3999486
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $1,377,593
- Income (IRS master file)
- $183,285
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $162,106 | $2,181,867 | $1,377,593 | XML |
| 990 | December 2024 | $603,207 | $170,540 | $3,401,764 | XML |
| 990 | December 2023 | $953,245 | $222,013 | $3,199,159 | XML |
| 990 | December 2022 | $143,400 | $221,755 | $3,344,523 | 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 81-3999486).
Questions about SOUTH OF DOWNTOWN COMMUNITY DEVELOPMENT ORGANIZATION
- What is the EIN of SOUTH OF DOWNTOWN COMMUNITY DEVELOPMENT ORGANIZATION?
- The employer identification number (EIN) of SOUTH OF DOWNTOWN COMMUNITY DEVELOPMENT ORGANIZATION is 81-3999486.
- Is SOUTH OF DOWNTOWN COMMUNITY DEVELOPMENT ORGANIZATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to SOUTH OF DOWNTOWN COMMUNITY DEVELOPMENT ORGANIZATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does SOUTH OF DOWNTOWN COMMUNITY DEVELOPMENT ORGANIZATION 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 SOUTH OF DOWNTOWN COMMUNITY DEVELOPMENT ORGANIZATION 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 SOUTH OF DOWNTOWN COMMUNITY DEVELOPMENT ORGANIZATION 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 SOUTH OF DOWNTOWN COMMUNITY DEVELOPMENT ORGANIZATION?
- The 990 for the year ended December 31, 2025 names CHARLES WESCHE.
- Who are the officers and directors of SOUTH OF DOWNTOWN COMMUNITY DEVELOPMENT ORGANIZATION?
- The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does SOUTH OF DOWNTOWN COMMUNITY DEVELOPMENT ORGANIZATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $162,106, expenses of $2,181,867 and total assets of $1,377,593 at year end.
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