VETTER SENIOR LIVING
20220 HARNEY ST, ELKHORN, NE · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $263,845,081 | $271,097,098 | $167,043,727 |
| FY2024 | $248,833,499 | $258,799,567 | $169,655,258 |
| FY2023 | $251,863,196 | $250,904,746 | $179,621,326 |
| FY2022 | $323,878,389 | $231,218,936 | $178,662,876 |
| FY2021 | $232,708,282 | $230,576,892 | $86,003,423 |
| FY2020 | $229,461,974 | $227,631,655 | $83,872,033 |
| FY2019 | $222,500,136 | $220,423,267 | $82,041,714 |
| FY2018 | $289,502,969 | $209,538,124 | $79,964,845 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $2,285,027 | 1% |
| Program service revenue | $262,271,567 | 99% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $247,640,426 | 91% |
| Management & general | $23,456,672 | 9% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 99% of total revenue in FY2025.
- Program services accounted for 91% of functional expenses, management & general 9%, and fundraising 0%.
- 91% of functional expenses went to program services in FY2025. That is higher than 74.6% of 59 Health Care organizations in NE.
- Net assets covered about 7.4 months of expenses at the end of the reporting year. That puts it in the 28th percentile among 192 Health Care organizations in NE.
- Total revenue was higher than 96.4% of 193 Health Care organizations in NE.
- Total revenue fell from $289,502,969 in FY2018 to $263,845,081 in FY2025, Revenue increased in 4 and decreased in 3 of 7 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 8 reported years (FY2024, FY2025).
- The highest revenue on record here is $323,878,389 in FY2022.
- Net assets grew from $79,964,845 to $167,043,727 between FY2018 and FY2025.
- Contributions and grants made up 28% of revenue in FY2018 and 1% in FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
OPERATE AND MANAGE HEALTH CARE FACILITIES AND EXTENDED CARE FACILITIES FOR THE ELDERLY.
IRS status
| Ruling year | 2014 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E91 — Health Care (in NE) |
| Donations | Donations are generally tax-deductible (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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