2023-11-13T09:11:36-06:00 2022-12-31 450250958 EIDE BAILLY LLP 18081 BURT ST STE 200 OMAHA NE 680224722 990 2022-01-01 831550948 OELC AT KENNEDY QALICB OELC 4025408749 3200 N 30TH ST STE 100 200 OMAHA NE 681113120 ERIC BUCHANAN PRESIDENT 4025408749 2023-11-13 1 ERIC BUCHANAN 999009999 1 WENDY R COOLEY CPA P01523804 4023302660 2023-11-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ERIC BUCHANAN 3200 N 30TH ST STE 100 200 OMAHA NE 681113120 108000 0 X N/A X 2018 NE THE ORGANIZATION WAS ESTABLISHED TO HOLD AND MANAGE CERTAIN REAL ESTATE AND PERSONAL PROPERTY ON WHICH THE SUPPORTED ORGANIZATION, EDUCARE OF OMAHA, INC., CARRIES OUT ITS EXEMPT ACTIVITIES. 3 3 0 3 0 0 0 0 0 0 106000 108000 0 0 106000 108000 0 0 0 0 0 0 0 0 0 521219 524234 521219 524234 -415219 -416234 13466959 13071042 9919933 9940250 3547026 3130792 THE ORGANIZATION WILL HOLD AND MANAGE CERTAIN REAL ESTATE AND PERSONAL PROPERTY ON WHICH THE SUPPORTED ORGANIZATION, EDUCARE OF OMAHA, INC., CARRIES OUT ITS EXEMPT ACTIVITIES. 0 0 511207 THE ORGANIZATION PROVIDES SUPPORTIVE PROPERTY AND SERVICES TO FURTHER THE CHARITABLE AND EDUCATIONAL PURPOSES OF THE SUPPORTED ORGANIZATION, EDUCARE OF OMAHA, INC. 511207 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X MARK SWANSON 4025616141 4201 N 34TH STREET OMAHA NE 68111 ERIC BUCHANAN BOARD CHAIR 2.00 1.00 X X 0 0 0 DAVID SHRADER BOARD MEMBER 1.00 0.00 X X 0 0 0 DWIGHT LANG BOARD MEMBER 1.00 0.00 X X 0 0 0 RAFEL HART EDUCARE OF OMAHA EXECUTIVE DIRECTOR 1.00 40.00 X 0 195810 22753 0 195810 22753 0 0 1 0 0 108000 108000 108000 0 0 108000 11782 11782 18600 18600 126107 126107 343706 343706 LOAN SERVICING FEES 22256 22256 BANK FEES 1245 1245 OTHER EXPENSES 538 538 524234 511207 13027 0 2973 4644 317227 263345 13146759 12803053 13466959 13071042 9919933 9940250 9919933 9940250 X 3547026 3130792 3547026 3130792 13466959 13071042 -416234 0 X X 0 1 X 1 0 X X 1 EDUCARE OF OMAHA INC 800015385 2 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART IV, SECTION A, LINE 1: FOR 2019 AND PRIOR, OELC AT KENNEDY QALICB (QALICB) WAS A SUPPORTING ORGANIZATION OF OMAHA EARLY LEARNING CENTERS, INC. (OELC). EFFECTIVE JANUARY 1, 2020, OELC MERGED WITH EDUCARE OF OMAHA, INC. (BOTH NEBRASKA NOT-FOR-PROFIT ORGANIZATIONS), THROUGH WHICH EDUCARE OF OMAHA, INC. BECAME THE SURVIVING ENTITY. IN CONNECTION WITH THE MERGER, QALICB IS NOW THE SUPPORTING ORGANIZATION OF EDUCARE OF OMAHA, INC. QALICB HAS NOT UPDATED THEIR GOVERNING DOCUMENTS TO REFLECT THE MERGER AS OF DECEMBER 31, 2020. CURRENTLY, THE ARTICLES OF INCORPORATION AND BYLAWS STILL NAME OELC AS THE SUPPORTED ORGANIZATION. PART IV, SECTION D, LINE 3: QALICB DOES NOT HAVE ANY EMPLOYEES. THE BOARD MEMBERS, ONE OF WHOM WAS COMPENSATED BY THE SUPPORTED ORGANIZATION, HAS A SIGNIFICANT VOICE IN DIRECTING THE ORGANIZATION'S INVESTMENT POLICIES, INCOME, AND ASSETS. THE BOARD MADE ALL DECISIONS THAT WOULD BE IN THE BEST INTEREST OF THE SUPPORTED ORGANIZATION AND QALICB. PART IV, SECTION E, LINE 2A: QALICB WAS ORGANIZED WITH THE SOLE PURPOSE TO CONSTRUCT A FACILITY FOR EDUCARE OF OMAHA, INC., THE SUPPORTED ORGANIZATION. THE FACILITY ENABLES EDUCARE OF OMAHA TO FURTHER ITS MISSION IN PROVIDING QUALITY EARLY CHILD CARE, THUS FURTHERING ITS EXEMPT PURPOSE. PART IV, SECTION E, LINE 2B: EDUCARE OF OMAHA WOULD HAVE CONSTRUCTED THE EARLY CHILD CARE FACILITY HAD QALICB NOT BEEN CREATED TO ACCOMPISH THIS ON EDUCARE OF OMAHA'S BEHALF. 0 X PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTIES IN ACCOUNTING FOR INCOME TAX ASSETS AND LIABILITIES USING GUIDANCE INCLUDED IN FASB ASC TOPIC, INCOME TAXES. THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. AT DECEMBER 31, 2022 AND 2021, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS ACCRUED. 0 0 0 0 0 0 0 0 0 RAFEL HART EDUCARE OF OMAHA EXECUTIVE DIRECTOR 0 195810 0 0 0 0 0 5874 0 16879 0 218563 0 0 PART I, LINE 3 COMPENSATION LISTED IS PAID BY EDUCARE OF OMAHA, INC., THE SUPPORTED ORGANIZATION, TO THEIR EXECUTIVE DIRECTOR (ED). THEIR ED IS CONSIDERED A TOP MANAGEMENT OFFICIAL OF OELC AT KENNEDY QALICB. AN ESTABLISHED SALARY SCALE IS USED TO DETEMINE THE ED'S COMPENSATION. A COMPENSATION REVIEW OF THE SALARY SCALE IS UNDERTAKEN EVERY OTHER YEAR. MANAGEMENT REVIEWS AND RECOMMENDS INCREASES THAT GO INTO EFFECT THE FIRST FULL PAY PERIOD IN AUGUST. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS SHALL HAVE FULL POWER TO CONSTITUTE SUCH COMMITTEES AS IT DEEMS NECESSARY OR DESIRABLE TO ADVISE OR ASSIST IN THE TRANSACTION OF BUSINESS OF THE CORPORATION. EACH COMMITTEE SHALL HAVE ONLY THE AUTHORITY AND RESPONSIBILITY WHICH IS EXPRESSLY DELEGATED TO IT BY THE BOARD OF DIRECTORS AT THE TIME THE COMMITTEE IS ORGANIZED OR FROM TIME TO TIME THEREAFTER. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM. A DRAFT OF THE FORM 990 IS REVIEWED AND PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: 1) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; 2) HAS READ AND UNDERSTANDS THE POLICY; 3) HAS AGREED TO COMPLY WITH THE POLICY, AND 4) UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BODY DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS FOR EDUCARE OF OMAHA, INC., THE SUPPORTED ORGANIZATION, ASSUMES RESPONSIBLITY FOR CHOOSING AN INDEPENDENT ACCOUNTANT AND IS ALSO RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. EDUCARE OF OMAHA INC 3200 N 30TH STREET STE 200 OMAHA NE 681113120 800015385 PROVIDE LEARNING ENVIRONMENTS FOR AT-RISK YOUTH NE 501(C)(3) LINE 2 N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0