2025-08-19T14:20:02-05:00 2024-12-31 470625816 LUTZ AND COMPANY PC 13616 CALIFORNIA ST STE 300 OMAHA NE 681545336 990 2024-01-01 814619812 DOWNTOWN RIVERFRONT TRUST DOWN 4023913190 10050 REGENCY CIRCLE 101 OMAHA NE 68114 RANAE KECKEISEN TREASURER 4023913190 2025-08-19 1 0 DANIEL SWEENEY JD LLM P02009973 4024968800 2025-08-07 2024 2025-03-06 01:10:19Z RACHEL JACOBSON 10050 REGENCY CIRCLE 101 OMAHA NE 68114 398352 0 X N/A X 2016 NE THE PURPOSE OF THE ORGANIZATION IS TO WORK IN CONJUNCTION WITH GOVERNMENTAL AGENCIES OF THE CITIES OF OMAHA AND COUNCIL BLUFFS, AS WELL AS PRIVATE SECTOR ENTITIES, TO DEVELOP THE MISSOURI RIVER WATERFRONT IN THE METROPOLITAN AREA FOR THE BENEFIT AND USE OF THE GENERAL PUBLIC. 4 4 0 0 0 0 714946 371608 0 0 179351 26744 0 0 894297 398352 877552 392321 0 0 0 0 0 0 0 126220 123715 1003772 516036 -109475 -117684 20920786 13622822 20489396 13309116 431390 313706 X DOWNTOWN RIVERFRONT TRUST, IN COLLABORATION WITH THE CITY OF OMAHA, THE METROPOLITAN ENTERTAINMENT & CONVENTION AUTHORITY (MECA) AND A RIVERFRONT REVITALIZATION COMMITTEE HAVE ASSUMED RESPONSIBILITY FOR THE PLANNING, DESIGN AND CONSTRUCTION OF THE NEW TRI-PARK COMPLEX ON THREE CITY OF OMAHA OWNED PROPERTIES CURRENTLY REFERRED TO AS LEWIS AND CLARK LANDING, HEARTLAND OF AMERICA PARK AND GENE LEAHY MALL. DRT IS RESPONSIBLE FOR SECURING PRIVATE DONATIONS FROM THE COMMUNITY TO FUND A PORTION OF THE DEVELOPMENT. MECA IS RESPONSIBLE FOR PAYING PROJECT EXPENSES AS WELL AS ACTIVATING, OPERATING AND MAINTAINING THE DEVELOPMENT. DUE TO THIS RELATIONSHIP, ALMOST ALL FUNDS RAISED BY DRT RELATING TO THIS PROJECT ARE SHOWN AS A GRANTS EXPENSE AND CONTRIBUTIONS PAYABLE TO MECA. 0 0 392321 392321 DOWNTOWN RIVERFRONT TRUST, IN COLLABORATION WITH THE CITY OF OMAHA, THE METROPOLITAN ENTERTAINMENT & CONVENTION AUTHORITY (MECA) AND A RIVERFRONT REVITALIZATION COMMITTEE HAVE ASSUMED RESPONSIBILITY FOR THE PLANNING, DESIGN AND CONSTRUCTION OF THE NEW TRI-PARK COMPLEX ON THREE CITY OF OMAHA OWNED PROPERTIES CURRENTLY REFERRED TO AS LEWIS AND CLARK LANDING, HEARTLAND OF AMERICA PARK AND GENE LEAHY MALL. DRT IS RESPONSIBLE FOR SECURING PRIVATE DONATIONS FROM THE COMMUNITY TO FUND A PORTION OF THE DEVELOPMENT. MECA IS RESPONSIBLE FOR PAYING PROJECT EXPENSES AS WELL AS ACTIVATING, OPERATING AND MAINTAINING THE DEVELOPMENT. DUE TO THIS RELATIONSHIP, ALMOST ALL FUNDS RAISED BY DRT RELATING TO THIS PROJECT ARE SHOWN AS A GRANTS EXPENSE AND CONTRIBUTIONS PAYABLE TO MECA. 392321 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 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 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X RANAE KECKEISEN 4023913190 10050 REGENCY CIR SUITE 101 OMAHA NE 68114 KENNETH STINSON CHAIRMAN 1.00 X X 0 0 0 MOGENS C BAY DIRECTOR 1.00 X 0 0 0 W GARY GATES DIRECTOR 1.00 X 0 0 0 JACK KORALESKI DIRECTOR 1.00 X 0 0 0 RACHEL JACOBSON PRESIDENT 1.00 X 0 0 0 DAN WATERS SECRETARY 1.00 X 0 0 0 RANAE KECKEISEN TREASURER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 371608 371608 26744 26744 398352 0 0 26744 X 392321 392321 12791 12791 100000 100000 OTHER INSURANCE EXPENSE 7305 7305 MISCELLANEOUS EXPENSE 3600 3600 BANK AND BROKER FEES 19 19 516036 392321 123715 0 1075425 815191 19845361 12807631 20920786 13622822 108461 108822 20380935 13200294 20489396 13309116 X 431390 313706 431390 313706 20920786 13622822 -117684 0 X 1 X 0 0 0 X 36985899 28894329 3641668 714946 371608 70608450 36985899 28894329 3641668 714946 371608 70608450 52814409 17794041 8507 621 100668 179351 26744 315891 70924341 0.25090 0.44490 X 0 CONTRIBUTIONS PAYABLE 13200294 13200294 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES AS A NON-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS NOT CONSIDERED A PRIVATE ORGANIZATION. THE FINANCIAL STATEMENTS WILL NOT REFLECT A PROVISION FOR INCOME TAXES, EXCEPT FOR THE TAX ON UNRELATED BUSINESS INCOME. FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, THE ORGANIZATION HAD NO TAX LIABILITY FOR UNRELATED BUSINESS INCOME. THE ORGANIZATION FOLLOWS THE PROVISIONS OF FASB CODIFICATION TOPIC 740-10 RELATED TO UNCERTAIN INCOME TAX POSITIONS. MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR DECEMBER 31, 2023, 2022 AND 2021 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. 1 RIVERFRONT PROJECT 10050 REGENCY CIRCLE SUITE 101 OMAHA NE 68114 814619812 501(C)(3) 392321 0 TO HELP FUND RIVERFRONT PROJECT. 1 FORM 990, PART VI, SECTION A, LINE 2 CERTAIN BOARD MEMBERS HAVE BUSINESS RELATIONSHIPS WITH OTHER BOARD MEMBERS. TWO OF THE MEMBERS SERVE ON THE BOARD OF ANOTHER COMMUNITY NON-PROFIT. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO THE FILING OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF DIRECTORS COMPLETE A QUESTIONNAIRE ON AN ANNUAL BASIS TO IDENTIFY BUSINESS RELATIONSHIPS AMONG DIRECTORS. THESE QUESTIONNAIRES ARE THEN REVIEWED BY THE CURRENT ACCOUNTANT, LUTZ, TO DETERMINE ANY POTENTIAL CONFLICTS OF INTEREST AND BUSINESS RELATIONSHIPS WHICH WOULD NEED TO BE DISCLOSED. BOARD MEMBERS ALSO SIGN AN ANNUAL ACKNOWLEDGEMENT THAT THEY READ AND UNDERSTAND THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WOULD PROVIDE ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND TAX RETURNS UPON REQUEST. FORM 990, PART IX, LINE 11G PROJECT MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 100,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100,000.