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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter Momentum Housing

Momentum Housing

Fiscal year ending 2024. Filed on November 17, 2025.

11640 Arbor Street 201
Omaha, Nebraska 68144

Momentum Housing (EIN: 47-0785685) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Momentum Housing, a 501(c)(3) charitable organization, reported compensation for 6 out of 224 total employees. Among the employees shown here, the average compensation is $240,971. The highest compensated employee at Momentum Housing is Mark Hiatt with fiscal year 2024 compensation of $610,000. Momentum Housing changed its name from Foundation for Affordable Housing in 2024.

Revenue, expenses, and employee compensation

Revenue

$74,146,498

Expenses

$84,234,477

Employee compensation

$8,235,492
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mark Hiatt
President
$610,000
$610,000 No related compNo other comp
Mitchell Hiatt
Vice President and General Counsel
$375,000
$375,000 No related compNo other comp
Sharise Engel
Chief Financial Officer (Thru 9.30.2024)
$191,250
$191,250 No related compNo other comp
Tyler Wilson
Senior Project Manager
$135,000
$135,000 No related compNo other comp
Justin Ferrin
Assistant Vice President
$122,077
$122,077 No related compNo other comp
Teri Seidenglanz
Chief Financial Officer (AS of 10.1.2024)
$12,500
$12,500 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Steve Cockrell
Director
$9,900
$9,900 No related compNo other comp
Dave Wilkinson
Director
$9,900
$9,900 No related compNo other comp
Drew Fitch
Vice President
$9,900
$9,900 No related compNo other comp

Contractors

Nailed It R&R
Construction
$2,111,512
Lexmar Services USA LLC
Labor
$624,389
Asd Contractors Inc.
Construction
$482,500
Real Floors Inc.
Construction
$470,579
American Painting & Renovations Inc.
Construction
$444,685

Mission Statement

MOMENTUM HOUSING HAS BEEN FORMED FOR THE EXEMPT PURPOSE OF CONSTRUCTION, PURCHASING, OWNING, AND OPERATING AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES.

Revisions to this organization profile

November 17, 2025:
2024 Momentum Housing 990 filed
November 15, 2024:
2023 Momentum Housing 990 filed
November 15, 2023:
2022 Momentum Housing 990 filed

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