Poll shows area nonprofit organizations will lose $15 million this year – Omaha, Nebraska

Omaha, Nebraska 2021-07-21 08:04:39 –

Omaha, Nebraska (KMTV) — A nonprofit that relied on community generosity was hit hard by a pandemic that struggled with people and businesses and reduced donations.

“This is a very long time, as most nonprofits do not expect to return to pre-pandemic stability for 12 to 24 months, and there are still many things that nonprofits do not know yet,” he said. Hannah Young, who is in charge of communications, said. Manager of the Midland Nonprofit Association.

Midland’s Nonprofit Association (NAM) is a membership of 700 charities. NAM aims to help other philanthropic companies grow, strengthen their philanthropic objectives, and keep their mission going.

According to a survey conducted by NAM, nonprofits in metropolitan areas will lose $ 15 million in 2021.

A total of 159 nonprofits in Nebraska and southwestern Iowa responded to the vote. Their primary concern is money, especially organizations that have been underfunded in the past.

According to polls, 16% of those who survived the pandemic felt they were less financially stable than last year. 6% report that they are currently in a financial crisis.

“Some people were able to actually expand their programs and offerings thanks to COVID, but some people need to rewind them, depending on where they are financially,” Young said. Said.

Nonprofits are still struggling, but Young adds that it doesn’t have to be.

“When you first think of donating to a nonprofit, it’s probably the first responder to donate. Of course, that makes sense,” Young said. “So what kind of nonprofits did people not think about, and how are they reacting?”

She added that the organization wants to take advantage of many different services that the nonprofit Midland Society must offer. As an additional benefit, members can use the meeting room for training meetings and volunteer briefings.

Below are additional findings from the non-profit pulse poll.

  • The Nebraska nonprofit surveyed is expected to lose a total of $ 15.5 million in 2021 due to COVID-19. That’s an average loss of about $ 100,000 in operating revenue per nonprofit.
  • Twenty-nine percent of nonprofits report moderate financial impacts and require additional financial support to address the mild long-term impacts.
  • Most nonprofits expect to return to pre-COVID stability in the next 12 to 24 months, but their timelines vary widely from sector to sector.
  • The positive outcomes of COVID-19 include virtual programming and training, enhanced services, resilience, and improved collaboration and innovation.
  • Nonprofit Pulse Poll provides valuable data to government, philanthropic and corporate sector leaders to highlight the overall impact of a pandemic on the nonprofit sector and the need for long-term funding to support ongoing community services. Provides access to.

The latest non-profit pulse voting can be accessed here.

Poll shows area nonprofit organizations will lose $15 million this year Source link Poll shows area nonprofit organizations will lose $15 million this year

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