Jewish Federation of Omaha Foundation

Nonprofit profile at a glance

EIN
201123519
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Omaha, NE, United States
Phone
402-334-6498
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution
Affiliation
Judaism

Official website

Reported finances

Revenue
$22,997,381
Expenses
$15,162,609
Assets
$144,726,004
Liabilities
$16,107,813

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

22 people listed

Executive titles in this filing

  • STACEY ERMAN ROCKMAN (PRESIDENT)
  • SUSAN NORTON (VICE PRESIDENT)
  • BOB BELGRADE (PAST PRESIDENT)

Highest reported compensation

  • AMY BERNSTEIN SHIVVERS (FOUNDATION DIRECTOR): $191,598 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Jewish Federation of Omaha Foundation strives to gather, preserve and increase philanthropic giving to ensure the continuity and enhancement of Jewish life in Omaha and surrounding areas. The mission of the Jewish Federation of Omaha Foundation is to gather, preserve and increase philanthropic giving to ensure the continuity and enhancement of Jewish life in Omaha. Sivan In 1985 Foundation total assets reached $7.5 million. By 1988 total assets had grown to $11.5 million, and endowment funds generated $650,000 for the Federation and its agencies. That year, another $450,000 went to various Jewish and secular charities supported by the Foundation’s 40 donor-advised funds. During the period that Marty Ricks was Executive Director (1998 to 2012), total managed assets grew from $28 million to $62 million and the number of donor-advised funds increased from 52 to 90. Howard Epstei.

What it reported doing in 2024

Jewish federation of omaha foundation's purpose is to conduct and support activities for the benefit of the jewish federation of omaha, inc. And other organizations operated exclusively for charitable, educational, religious, or scientific purposes which are described in irc sections 501(c)(3) and which are affiliated with, or receive support from, the jewish federation of omaha, inc. Or are recommended to the foundation by donors to jewish federation of omaha, inc. Or foundation.

Operating model

Revenue model
Donor-supported. 65% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 72
  • Accountability: 95
  • Sustainability: 88
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.7%; rating input score 76
  • Program expense ratio: 95%; rating input score 95
  • Fundraising efficiency: $20.84 raised per $1 spent on fundraising; rating input score 58; 58th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 10th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 97.2%; rating input score 97; 27th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 34.1%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 9.54; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 72; 72nd percentile among comparable filings
  • Officer compensation ratio: 0.1%; rating input score 92; 92nd percentile among comparable filings

Growth

  • Program expense growth: 9.6% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: 6.7% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 5.7% per year; rating input score 100; 40th percentile among comparable filings

Details

  • What they do: 1 operating location identified
  • Where the money goes: 75.7% of revenue deployed · 95% of spending went to programs
  • Governance: 20 of 20 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $14.4M in reported program spending
  • Leadership: top reported pay $192K · 22 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 26 of 27 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 72 filed money-flow records
  • Related organizations: 79 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Fundraising efficiency scored 58/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.