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Nebraska · Nonprofit

SOUTHSIDE REDEVELOPMENT CORPORATION

SOUTHSIDE REDEVELOPMENT CORPORATION (Nebraska) receives grants from 15 organizations whose IRS filings report $27,431,804 to it, the largest being THE SHERWOOD FOUNDATION ($24,240,517). 8 of them have funded it in more than one year.

Revenue FY2025
$9.6M
Funders on record
15
Grants received
$27M
Net assets
$49M
8/15 repeat fundersgrants exceed reported revenue in one year
01What it does

What Southside Redevelopment Corporation does

Mission

Southside Redevelopment Corporation is a not-for-profit organization whose focus is to generate holistic and effective revitalization in south omaha neighborhoods through strategic partnership and community-driven initiatives.

As stated on its FY2025 Form 990.

Programs

  1. Southside Redevelopment Corporation is a not-for-profit organization whose focus is to generate holistic and effective revitalization in south omaha neighborhoods through strategic partnership and community-driven initiatives.

    $1,442,649 spent$59,050 earned by the program
    38% of program spending
  2. The organization is the recipient of two state of nebraska department of economic development north and south omaha recovery grant programs (nsorg). The organization will revitalize plaza de la raza, located at 24th and n streets, for outdoor activities, performances, and gatherings. The project will also include alley improvements, streetscaping, and a parking garage with integrated retail. The organization will lead the q street economic recovery partnership, working with others to support the community of south omaha. The organization has entered into subrecipient agreements with other nonprofits to help complete the project.

    $2,399,005 spentof which $2,399,005 as grants
    62% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,841,654.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($1.3M) Expenses 100 ($281k) Net assets 100 ($1.0M)2021 Revenue 97 ($1.3M) Expenses 166 ($466k) Net assets 177 ($1.9M)2022 Revenue 952 ($13M) Expenses 179 ($503k) Net assets 1332 ($14M)2023 Revenue 1798 ($24M) Expenses 251 ($706k) Net assets 3400 ($36M)2024 Revenue 667 ($8.9M) Expenses 383 ($1.1M) Net assets 4150 ($44M)2025 Revenue 719 ($9.6M) Expenses 1511 ($4.2M) Net assets 4657 ($49M)
202020212022202320242025
Revenue (719)Expenses (1511)Net assets (4657)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $45M to $92M (+102%).

$1.1M
$1.9M
$14M
$36M
$45M
$92M
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 32% · 2022 7% · 2023 2% · 2024 8% · 2025 42%. Grants only. Government contracts and fees sit inside program revenue.

86% of SOUTHSIDE REDEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.

$1.0M
’20
$818k
’21
$12M
’22
$23M
’23
$7.8M
’24
$5.3M
’25
134
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Cesar Garcia

Executive director

Board chair

Jennie Shukert

Chair

As listed on its FY2025 Form 990.

202020212022202320242025
Listed999131313
Joined·+1+1+6+1+4
No longer listed·11214
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 8 funders, grant income rose $779k → $1.0M.

1 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of SOUTHSIDE REDEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SOUTHSIDE REDEVELOPMENT CORPORATION leans on a few funders — its largest provides 88% of grant income and the top three 94%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

88%
largest funder
94%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2021 94% · 2022 86% · 2023 50% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

60% of SOUTHSIDE REDEVELOPMENT CORPORATION's funders are still giving 2 years after their first grant; 53% give in more than one year at all.

first grant+1y+2y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

98% of SOUTHSIDE REDEVELOPMENT CORPORATION's grant income comes from Nebraska funders.

CA
NE
DC
GA

In-state vs out-of-state, by year

’20
’21
’22
’23
Nebraska out of state home

Funder states come from each funder’s own filing. $75k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

SOUTHSIDE REDEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 2,127 community improvement nonprofits its size.

Operating margin56% · top quartile
Months of reserve134.1mo · top quartile
Revenue growth (annualized)48% · top quartile

this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025

Organizations like SOUTHSIDE REDEVELOPMENT CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Nebraska

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

91% of spending goes to programs.

Program 91%Management 7%Fundraising 3%

Governance

12
board members
92%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

50%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 2 related entities

  • Southside Cs Phase 1 LLC · corp_trust
  • Southside Cs Phase II LLC · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for SOUTHSIDE REDEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SOUTHSIDE REDEVELOPMENT CORPORATION?
SOUTHSIDE REDEVELOPMENT CORPORATION (Nebraska) receives grants from 15 organizations whose IRS filings report $27,431,804 to it, the largest being THE SHERWOOD FOUNDATION ($24,240,517). 8 of them have funded it in more than one year.
How many funders does SOUTHSIDE REDEVELOPMENT CORPORATION have?
IRS filings report 15 organizations giving $27,431,804 in grants to SOUTHSIDE REDEVELOPMENT CORPORATION, 8 of which have funded it in more than one year.
Who is the largest funder of SOUTHSIDE REDEVELOPMENT CORPORATION?
THE SHERWOOD FOUNDATION is the largest funder on record, with $24,240,517 in grants. The full list of funders is on this page.
How can an organization like SOUTHSIDE REDEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Nebraska. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 15 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing