Nebraska Methodist College Of Nursing And Allied Health in Omaha, Nebraska (NE)

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Nebraska Methodist College Of Nursing And Allied Health
Employer Identification Number (EIN)470724387
Name of OrganizationNebraska Methodist College Of Nursing And Allied Health
Address8511 W Dodge Rd, Omaha, NE 68114-3403
SubsectionEducational Organization
Ruling Date04/1990
DeductibilityContributions are deductible
FoundationSchool
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000,000 to $49,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$33,717,349
Amount of Income$19,415,547
Form 990 Revenue Amount$18,242,157
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Graduate, Professional Schools (Separate Entities)


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Amount of income in 2013: $19,415,547
Nebraska Methodist College Of Nursing And Allied Health: 

 $19,415,547
Other organizations performing similar types of work: 

 $34,257,295

Assets in 2013: $33,717,349
This organization: 

 $33,717,349
Other organizations performing similar types of work: 

 $64,480,162

Expenses in 2012: $18,903,833
This organization: 

 $18,903,833
Other organizations performing similar types of work: 

 $24,968,416

Income to expenses ratio in 2012: 1.0
Nebraska Methodist College Of Nursing And Allied Health: 

 1.0
Other organizations performing similar types of work: 

 1.2

Expenses allocated to program services in 2007: 90.5%
This organization: 

 90.5%
Other organizations performing similar types of work: 

 75.4%

Number of employees in 2012: 276
This organization: 

 276
Other organizations performing similar types of work: 

 409

Employees paid over $100,000 in 2012: 1.1%
Nebraska Methodist College Of Nursing And Allied Health: 

 1.1%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2012: 11.0%
Nebraska Methodist College Of Nursing And Allied Health: 

 11.0%
Other organizations performing similar types of work: 

 10.5%

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$16,322,864
Contributions, Gifts, Grants and Other Similar Amounts$1,802,665
Program Service Revenue$14,044,291
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1,340
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$126,157
Gross rents (Real / Personal)$707,221 / $0
Less: rental expenses (Real / Personal)$581,064 / $0
Rental income or (loss) (Real / Personal)$126,157 / $0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$178,354
Gross sales of inventory, less returns and allowances$584,872
Less: cost of goods sold$406,518
Miscellaneous Revenue$170,057
Statement of Functional Expenses (for 2012)
Total functional expenses$18,903,833
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$7,790,419
Payroll taxes$587,673
Professional fundraising services$0
Other$10,525,741
Balance Sheet (for 2012)
Total assets$27,185,078
Total liabilities$4,290,107
Tax-exempt bond liabilities$2,836,270
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$1,453,837
Total net assets or fund balances$22,894,971
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:A school described in section 170(b)(1)(A)(ii)
Revenue, Expenses, and Changes in Net Assets or Fund Balances
200520062007
Total revenue$6,237,593$6,805,394$7,687,527
Contributions, gifts, grants, and similar amounts received$30,011$110,333$117,011
Contributions to donor advised funds$0$0
Direct public support$0$0$0
Indirect public support$0$0$0
Government contributions (grants)$30,011$110,333$117,011
Program service revenue including government fees and contracts$6,127,309$6,575,187$7,205,241
Membership dues and assessments$0$0$0
Interest on savings and temporary cash investments$20,266$22,093$19,705
Dividends and interest from securities$0$0$0
Net rental income or (loss)$0$0$192,027
Gross rents$0$0$409,825
Less: rental expenses$0$0$217,798
Other investment income$0$0$0
Gain or (loss) from sales of assets other than inventory$-75,633$0$0
Gross amount from sales of assets other than inventory$0$0$0
Less: cost or other basis and sales expenses$75,633$0$0
Net income or (loss) from special events and activities$0$0$0
Gross revenue$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0
Gross profit or (loss) from sales of inventory$135,201$97,781$153,543
Gross sales of inventory, less returns and allowances$327,113$377,182$497,455
Less: cost of goods sold$191,912$279,401$343,912
Other revenue$439$0$0
Total expenses$10,903,478$12,432,488$13,081,196
Program services$9,776,561$11,375,344$11,840,396
Management and general$1,126,917$1,057,144$1,240,800
Fundraising$0$0$0
Payments to affiliates$0$0$0
Net assets or fund balances at end of year$18,600,975$18,585,800$22,062,715
Excess or (deficit) for the year$-4,665,885$-5,627,094$-5,393,669
Net assets or fund balances at beginning of year$11,439,566$18,600,975$18,585,800
Other changes in net assets or fund balances$11,827,294$5,611,919$8,870,584
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$13,081,196$11,840,396$1,240,800$0
Grants paid from donor advised funds$0
Other grants and allocations$953,028
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$6,368,328$6,368,328$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$1,211,868$1,211,868$0$0
Payroll taxes$475,397$475,397$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$19,800$0$19,800$0
Legal fees$20,184$0$20,184$0
Supplies$145,325$145,325$0$0
Telephone$7,214$7,214$0$0
Postage and shipping$40,096$40,096$0$0
Occupancy$153,637$153,637$0$0
Equipment rental and maintenance$24,774$24,774$0$0
Printing and publications$247,233$247,233$0$0
Travel$56,009$56,009$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$100,725$100,725$0$0
Depreciation, depletion, etc.$939,088$939,088$0$0
Other expenses not covered above$2,318,490$1,117,674$1,200,816$0
Balance Sheets
200520062007
Total assets$22,484,864$21,782,540$28,905,815
Cash - non-interest-bearing$0$0$0
Savings and temporary cash investments$404,326$274,779$223,972
Accounts receivable less allowance for doubtful accounts$2,496,511$2,664,996$3,067,160
Pledges receivable less allowance for doubtful accounts$0$0$0
Grants receivable$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0
Inventories for sale or use$127,815$191,413$268,319
Prepaid expenses and deferred charges$68,851$43,633$56,069
Investments - publicly-traded securities$0$0
Investments - other securities$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0
Investments - other$0$0$0
Land, buildings, and equipment less accumulated depreciation$18,392,709$17,490,638$24,050,407
Other assets, including program-related investments$994,652$1,117,081$1,239,888
Total liabilities$3,883,889$3,196,740$6,843,100
Accounts payable and accrued expenses$2,949,489$3,086,740$3,411,032
Grants payable$0$0$0
Deferred revenue$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0
Tax-exempt bond liabilities$215,000$110,000$3,432,068
Mortgages and other notes payable$0$0$0
Other liabilities$719,400$0$0
Total liabilities and net assets/fund balances$22,484,864$21,782,540$28,905,815
Total net assets or fund balances$18,600,975$18,585,800$22,062,715
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
200520062007
Total revenue$6,237,593$6,805,394$7,687,527
Total revenue, gains, and other support per audited financial statements$5,333,507$5,771,295$6,999,237
Other expenses$-862,929$-911,671$-565,483
Net unrealized gains on investments$0$0$0
Donated services and use of facilities$0$0$0
Recoveries of prior year grants$0$0$0
Other$-862,929$-911,671$-565,483
Other revenue$41,157$122,428$122,807
Investment expenses$0$0$0
Other$41,157$122,428$122,807
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
200520062007
Total expenses$10,903,478$12,432,488$13,081,196
Total expenses and losses per audited financial statements$10,040,549$11,520,817$12,515,714
Other revenue$0$0$0
Donated services and use of facilities$0$0$0
Prior year adjustments$0$0$0
Losses$0$0$0
Other$0$0$0
Other expenses$862,929$911,671$565,482
Investment expenses$0$0$0
Other$862,929$911,671$565,482
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings16
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?Yes
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$365,275$7,205,241
Program service revenue
Program service revenue 1000000$000$0$6,755,800
Program service revenue 2000000$000$0$393,199
Program service revenue 3000000$000$0$56,242
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$19,705$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$0Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$192,027$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$0Section 501(c)(3) organization - Income from an activity carried on primarily for the convenience of the organization's members, students, patients, visitors, officers, or employees (hospital parking lot or museum cafeteria, for example) (section 513(a)(2))$153,543$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$115,432$29,163$0
$78,220$31,504$0
$87,640$19,841$0
$78,770$24,558$0
$83,919$13,320$0
Total number of other employees paid over $50,00032
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isSchool
Support Schedule
200420052006
Total$0$0$0
Gifts, grants, and contributions received$0$0$0
Membership fees received$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0
Net income from unrelated business activities not included above$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0
Other income$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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6New York Medical CollegeAdministration Building, Valhalla, NY 10595NY1940-08$366,170,364
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Number of organizations performing similar types of work
Arizona3
California18
Colorado1
Connecticut1
District of Columbia1
Florida2
Georgia2
Iowa3
Illinois8
Indiana1
Kentucky1
Louisiana1
Massachusetts10
Maine3
Michigan4
Minnesota5
Missouri4
Mississippi1
North Carolina2
Nebraska2
New Hampshire2
New Jersey1
Nevada1
New York17
Ohio4
Oregon2
Pennsylvania11
Rhode Island2
South Carolina3
Tennessee6
Texas9
Virginia3
Wisconsin1
Wyoming1
International2
Total138

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