Spark
Spark
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About this organization
Mission
Organization was established to champion community development by forming and leading partnerships that create, implement and evaluate holistic revitalization projects.
About
Spark is a 501(c)(3) nonprofit organization that brings a unique, collaborative and community-based approach to economic development in the Omaha/Council Bluffs region. We recognize that philanthropic organizations, civic institutions, and other equity partners have the resources to impact change while community residents, business owners and other stakeholders best understand the community's needs. Spark serves as a bridge between these various parties, leveraging our expertise, relationships and funding to transform neighborhoods through a process of holistic development. Holistic Development applies rigorous real estate development methods while considering all the foundational assets: social, political, economic and physical, that are necessary for communities to thrive and prosper. Our role is to support and supplement the work of existing organizations, build upon existing community assets, provide provide funding, leverage resources to close financing gaps and to help educate and minimize the risk for developers who would otherwise not invest in these communities. Moreover, we work hand in hand with the community to identify and train community leaders to effectively advocate for themselves both now and for future generations.
Interesting data from their 2020 990 filing
The filing outlines the non-profit's goal as “Organization was established to champion community development by forming and leading partnerships that create, implement and evaluate holistic revitalization projects.”.
When explaining its purpose, the activities were outlined as: “Organization was established to champion community development by forming and leading partnerships that create, implement and evaluate holistic revitalization projects.”.
- As per legal reporting requirements, the state of operation for the non-profit is NE.
- The non-profit's address for 2020 is listed as 1141 N11th Street, Omaha, NE, 68102 in the filing.
- As per the non-profit's form, they have 4 employees as of 2020.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $100,000 and $250,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is -$83,487.
- The CEO compensation package within the organization is determined through a review and endorsement by a neutral party.
- The organization has 10 independent voting members.
- The organization was formed in 2016.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization's financial statements were compiled or reviewed by an accountant.
- The organization pays $344,175 in salary, compensation, and benefits to its employees.
- The organization pays $26,604 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.