2026-07-15T12:25:04-05:00 2025-12-31 470677245 HBE LLP 7140 STEPHANIE LANE PO BOX 23110 LINCOLN NE 685423110 990 2025-01-01 460469145 INVEST NEBRASKA CORPORATION INVE 4027427860 801 R ST STE 1 LINCOLN NE 685081317 DAN HOFFMAN CHIEF EXECUTIVE OFFICER 4027427860 2026-06-26 1 ZACHARY N FOWLER CPA P01214092 4024234343 2026-06-26 2025 2025-03-06 01:10:19Z DAN HOFFMAN 801 R ST STE 1 LINCOLN NE 685081317 16998353 0 X WWW.INVESTNEBRASKA.COM X 2002 NE INVEST NEBRASKA CORPORATION GROWS NEBRASKA'S ECONOMY BY PROVIDING CAPITAL AND OPERATIONAL ASSISTANCE TO EARLY STAGE STARTUPS, DEVELOPING INFRASTRUCTURE FOR TECHNOLOGY ENTREPRENEURS, AND ATTRACTING OUT-OF-STATE CAPITAL THROUGH ITS NETWORK OF VENTURE CAPITAL FUNDS. AS A STATEWIDE NONPROFIT VENTURE DEVELOPMENT ORGANIZATION, INVEST NEBRASKA CORPORATION HAS BECOME A KEY LEADER IN THE ENTREPRENEURIAL ECOSYSTEM; FUNDING PROGRAMS, ORGANIZING SERVICES, AND BUILDING INFRASTRUCTURE TO SUPPORT BUSINESSES ACROSS THE STATE. 9 9 13 9 0 0 7688319 11013315 159477 119511 -835836 3708125 222045 199587 7234005 15040538 53964 45394 0 0 1069917 1348523 0 0 0 1703060 2619090 2826941 4013007 4407064 11027531 66318312 91641786 729458 839786 65588854 90802000 X PROMOTE COMMUNITY AND ECONOMIC DEVELOPMENT BY IDENTIFYING, SUPPORTING, AND INVESTING IN HIGH-GROWTH, HIGH-IMPACT, OR COMMUNITY CRITICAL COMPANIES ACROSS NEBRASKA. 0 0 2756744 SEED FUND PROGRAM - THE ORGANIZATION CONTRACTS WITH THE STATE OF NEBRASKA'S DEPARTMENT OF ECONOMIC DEVELOPMENT TO PROVIDE CAPITAL TO EARLY-STAGE BUSINESSES THROUGH THE BUSINESS INNOVATION ACT. THESE BUSINESSES ARE STATUTORILY ELIGIBLE FOR FINANCING BASED ON A SERIES OF QUALIFYING FACTORS. THE ORGANIZATION ALSO PROVIDES CAPITAL TO EARLY-STAGE BUSINESSES THROUGH FEDERALLY DESIGNATED GRANT FUNDS. 402387 THE COMBINE - AN AGRIFOOD TECH INCUBATOR LOCATED ON NEBRASKA INNOVATION CAMPUS TO INCUBATE HIGH-GROWTH, EARLY-STAGE BUSINESS IN THE AG AND FOOD TECHNOLOGY SPACE. 357347 NEBRASKA EMERGING GROWTH - THE ORGANIZATION ADMINISTERS FUNDS THE NEBRASKA DEPARTMENT OF ECONOMIC DEVELOPMENT RECEIVED UNDER THE STATE SMALL BUSINESS CREDIT INITIATIVE (SSBCI) PROGRAM OF THE U.S. TREASURY DEPARTMENT. CONVERTIBLE DEBT AND EQUITY INVESTMENTS FROM $100,000- $1,000,000 CAN BE USED FOR WORKING CAPITAL, AND INVENTORY/EQUIPMENT PURCHASES. FUNDS MUST BE MATCHED BY PRIVATE FUNDS AS OUTLINED IN THE PROGRAM. 210604 45394 OPERATIONAL ASSISTANCE PROGRAM - PROVIDE OPERATIONAL ASSISTANCE TO THOSE STARTUP BUSINESSES THAT NEED TO COMPLETE ADDITIONAL PROJECTS IN ORDER TO ATTRACT OUTSIDE CAPITAL. 210604 45394 3727082 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 15 0 1 13 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 0 1 1 X DAN HOFFMAN 4027427860 801 R ST STE 1 LINCOLN NE 685081317 PHIL BAKKEN TREASURER 0.50 X X 0 0 0 JOHN STINNER DIRECTOR 0.50 X 0 0 0 VISHAL SINGH DIRECTOR 0.50 X 0 0 0 STEVE GANGWISH DIRECTOR 0.50 X 0 0 0 CRAIG TUTTLE DIRECTOR 0.50 X 0 0 0 COURTNEY DENTLINGER DIRECTOR 0.50 X 0 0 0 DANIEL PADILLA DIRECTOR 0.50 X 0 0 0 JOSEPH FOX EX-OFFICIONON-VOTING DIRECTOR 0.50 X 0 0 0 KRISTIN HASSEBROOK DIRECTOR 0.50 X 0 0 0 JASMINE KINGSEY SECRETARY 0.50 X X 0 0 0 DONNA KUSH CHAIRMAN 0.50 X X 0 0 0 AMY JOHNSON DIRECTOR 0.50 X 0 0 0 DAN HOFFMAN CEO 51.00 X 246701 0 151030 BEN WILLIAMSON INVESTMENT MANAGER 42.00 X 234576 0 23458 SHELBY STRATTAN INVESTMENT MANAGER 44.00 X 114715 0 75359 595992 0 249847 3 0 1 0 0 10861628 151687 11013315 EARNED INCOME 541900 119511 119511 119511 709857 709857 4956083 1957815 2998268 2998268 2998268 MISCELLANEOUS REVENUE 541900 199587 199587 199587 15040538 3317366 0 709857 45394 45394 397731 298298 99433 719078 668266 50812 63440 57870 5570 100938 97191 3747 67336 59536 7800 1008 1008 12969 12969 47501 47501 65559 26650 38909 48719 48719 179122 179122 27037 27037 231746 231746 59460 59460 49170 49170 8135 8135 19184 19184 BAD DEBT EXPENSE 1662861 1662861 ROBOTICS 152259 152259 OUTREACH PROGRAMS 51095 51095 VENTURE COMPETITION EXP 1800 1800 1465 1465 4013007 3727082 285925 0 2915890 3856646 3631845 5797006 439364 571029 155662 12032397 13971114 338235 321279 17250 16956 1334102 710610 888245 44353065 64354378 1594399 1320140 66318312 91641786 555185 754548 174273 85238 729458 839786 X 675159 1071055 64913695 89730945 65588854 90802000 66318312 91641786 11027531 14185615 0 X X 0 1 X 1 0 X 2762508 4391777 10307700 7688319 11013315 36163619 2762508 4391777 10307700 7688319 11013315 36163619 36163619 396310 402592 784569 899688 829368 3312527 39476146 0.91610 0.90550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 271345 271345 0 66890 49934 16956 16956 INVESTMENT IN PARTNERSHIPS 3787833 F INVESTMENT IN CORPORATION 60566545 F 64354378 OPERATING LEASE LIABILITY 85238 85238 X 29226153 14185615 14185615 15040538 0 15040538 4013007 0 4013007 0 4013007 PART X, LINE 2: INVEST NEBRASKA CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS SUCH, INCOME EARNED IN THE PERFORMANCE OF ITS EXEMPT PURPOSE IS NOT SUBJECT TO INCOME TAX. ANY INCOME EARNED THROUGH UNRELATED BUSINESS ACTIVITIES IS SUBJECT TO INCOME TAX AT NORMAL CORPORATE RATES. FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024, THE ORGANIZATION HAD NO TAX LIABILITY ON UNRELATED BUSINESS ACTIVITY. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. 1 GOLDEN GARDEN 125 S 4TH STREET NORFOLK NE 68701 333571247 0 20000 VENTURE COMPETITION INFOFILM LLC 475 HARTLEY DRIVE SYRACUSE NE 68446 992460441 0 10000 VENTURE COMPETITION BRAIN ROT LLC 15922 JONES CIRCLE OMAHA NE 68118 994165413 0 15000 VENTURE COMPETITION X X 0 1 0 0 0 0 0 0 0 DAN HOFFMAN CEO 226410 0 20291 0 0 0 151030 0 0 0 397731 0 0 0 BEN WILLIAMSON INVESTMENT MANAGER 234576 0 0 0 0 0 23458 0 0 0 258034 0 0 0 SHELBY STRATTAN INVESTMENT MANAGER 104286 0 10429 0 0 0 75359 0 0 0 190074 0 0 0 PART I, LINE 4B DAN HOFFMAN, CEO, RECEIVED $105,209 TO A 457(F) SHELBY STRATTEN, INVESTMENT MANAGER, RECEIVED $68,476 TO A 457(F) FORM 990, PART VI, SECTION A, LINE 7B INVEST NEBRASKA DEPLOYS SEED CAPITAL AS OUTLINED IN ITS AGREEMENTS WITH THE NEBRASKA DEPARTMENT OF ECONOMIC DEVELOPMENT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO IT BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANY OFFICER, DIRECTOR, OR EMPLOYEE WITH A CONFLICT COMPLETES THE FORM WHICH IS THEN DISCLOSED TO THE ENTIRE BOARD OF DIRECTORS AT THE NEXT QUARTERLY BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE IS THE COMPENSATION COMMITTEE FOR THE BOARD OF DIRECTORS AND REVIEWS THE COMPENSATION OF THE KEY OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 INVEST NEBRASKA MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THIS POLICY HAS NOT CHANGED FROM THE PRIOR YEAR. INVEST NEBRASKA NMOTION LLC 801 R ST SUITE 1 LINCOLN NE 68508 800927846 ANY LAWFUL ACTIVITY NE 2243411 INVEST NEBRASKA CORPORATION INVEST NEBRASKA FUND I LLC 801 R ST SUITE 1 LINCOLN NE 68508 320537982 ANY LAWFUL ACTIVITY NE 1820140 INVEST NEBRASKA CORPORATION INVEST NEBRASKA FUND MANAGEMENT I LLC 801 R ST SUITE 1 LINCOLN NE 68508 871326281 ANY LAWFUL ACTIVITY NE 330848 INVEST NEBRASKA CORPORATION