Saving Cultural & Historic Places
The Historic Blackstone renovated as the Kimpton Cottonwood Hotel
From Laura Shiffermiller
Executive Director
Hello Friends & Supporters,
Wow – what an experience I have had over the past 5 years! However, the time has come for me to retire. My last official day as Executive Director is May 1, 2023. It has truly been an honor to work with, and for, all of you.
From Tim Reeder
Board President
On behalf of the Board of Directors of Restoration Exchange Omaha, I would like to express our sincere gratitude to Laura Shiffermiller. We wish her the best retirement ever!
Follow the progress of LB 756, the legislative bill to restore the Nebraska Historic Tax Credit through changes to the Nebraska Job Creation & Mainstreet Revitalization Act
The official site of the Nebraska Unicameral Legislature
The status as of April 12, 2023:
January 18 – Date of introduction
January 20 – Referred to Revenue Committee
March 15 – Notice of hearing for March 22
REO & the IRS
The worst setback from the pandemic, was not the loss of income from our two major public events, it was the Internal Revenue Service which failed to process our tax returns for several years. As a result, we were removed as a tax-exempt organization. Until recently, because our status was unclear, we kept a low profile and quit asking for donations.
It took almost two years to resolve the issue. After months of silence, we finally heard from the IRS in a letter that stated, “We erroneously placed you on our auto-revocation list.” (Click below to read the IRS letter) At this time, we are working to restore all the systems that were bound to our non-profit status so please bear with us as we rebuild.
Letter from the IRS
GUIDING PRINCIPLES of Restoration Exchange Omaha
Mission
Saving cultural and historic places
Vision
A community of historic authenticity, cultural character, and livability
Priority Goals: 2022 – 2024
Physically Saving Cultural and Historic properties
Expanding Education and training in the Preservation Trades