Program areas at Spark Capital
Spark Capital will issue loans to recipient organizations to finance community development projects, including affordable housing projects, commercial projects and community development projects (such as healthcare and educational facilities). These community development activities will be located in, or serve to benefit, economically disadvantaged areas in and around omaha, Nebraska and council bluffs, ia. The goal of all finance projects will be to create community benenfit for the targeted economically disadvantaged area, such as through formation of new businesses, job creation and access to affordable housing for residents, or the facilitation of population growth.
Educational services will be provided in the form of technical assistance to individuals seeking to form organizations and established organizations that plan to develop poor and distressed communities by providing housing and amenities for low- and moderate-income populations. Through Spark Capital's provision of technical assistance, recipient individuals and organizations will be better equipped to form community development projects in the targeted economically disadvantaged areas, resulting in community benefit.
Who funds Spark Capital
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| Peter Kiewit Foundation | 2024-06 | To Provide Capital Support for the Middle-Income Workforce Housing Loan Fund. | $500,000 |
| Front Porch Investments | 2023-12 | Community Improvement,capacity Bldg | $143,515 |
| Spark | 2023-12 | To Provide Financial and Educational Services To Economically Distressed Communities | $60,450 |
Personnel at Spark Capital
| Name | Title | Compensation | Date of data |
|---|
| Buey Tut | Chief Executive Officer | $0 | 2024-11-15 |
| Jamie Berglund | Executive Director | | 2023-02-07 |
| Angel Starks | Director of Learning and Development | | 2024-02-21 |
| Nicky Sullivan | Finance Manager | | 2024-02-21 |
| Clarice Dombeck Urban | Development Manager | | 2024-02-21 |
| ...and 1 more key personnel |
Financials for Spark Capital
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $1,076,476 | $1,380,234 | -22% |
| Program services | $67,440 | $34,972 | 92.8% |
| Investment income and dividends | $74,417 | $4,489 | 1557.8% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $4,258 | $2,250 | 89.2% |
| Total revenues | $1,222,591 | $1,421,945 | -14% |
Organizations like Spark Capital
| Organization | Type | Location | Revenue |
|---|
| NADO Research Foundation | 501(c)(3) | Washington, DC | $2,362,690 |
| Greater Fort Lauderdale Alliance Foundation | 501(c)(3) | Fort Lauderdale, FL | $907,632 |
| Business Leaders for Michigan Foundation | 501(c)(3) | Detroit, MI | $489,635 |
| The San Francisco Chamber of Commerce Foundation | 501(c)(3) | San Francisco, CA | $5,404,669 |
| Newcorp | 501(c)(3) | New Orleans, LA | $1,113,447 |
| Maine Development Foundation | 501(c)(3) | Augusta, ME | $3,160,300 |
| Women Business Leaders of the Us Health Care Industry Foundation | 501(c)(3) | Arlington, VA | $2,779,815 |
| Opportunity Labs Foundation | 501(c)(3) | Brielle, NJ | $1,341,599 |
| Woodlawn United | 501(c)(3) | Birmingham, AL | $2,544,857 |
| Greater Omaha Chamber Foundation | 501(c)(3) | Omaha, NE | $5,730,673 |
Data update history
March 5, 2025
Posted financials
Added Form 990 for fiscal year 2023
February 26, 2025
Updated personnel
Identified 2 new personnel
February 22, 2024
Updated personnel
Identified 14 new personnel
January 7, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Receives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- 1111 N 13 St 311
- Omaha, NE 68102
- Metro area
- Omaha-Council Bluffs, NE-IA
- County
- Douglas County, NE
- Website URL
- sparkcdi.org/Â
- Phone
- (402) 819-4885
IRS details
- EIN
- 84-3169340
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2019
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S30: Economic Development
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Subordinate organization
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