Community Improvement, Capacity Building

Platte Institute for Economic Research Inc

aka Platte Institute

Omaha, NE

Mission

The Platte Institute's mission is to advance policies that remove barriers to economic growth and opportunity in Nebraska.

Ruling Year

2007

CEO

Jim Economic Vokal

Main Address

6910 Pacific Street #216

Omaha, NE 68106 USA

Keywords

economic policy, Nebraska, job creation, entrepreneurship, limited government, free enterprise, public policy, state policy, tax reform, government spending, government accountability, government transparency, policy advocacy, government relations, free markets, think tank, economic research, economic growth, fiscal responsibility, occupational licensing reform, fiscal policy,

EIN

20-8809060

 Number

0818002190

Cause Area (NTEE Code)

Research Institutes and/or Public Policy Analysis (S05)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Sign in or create an account to view Form(s) 990 for 2017, 2016 and 2015.
Register now

Social Media

Programs + Results

What we aim to solve New!

The economic policies we enact here in Nebraska have real consequences for our daily lives. Nebraska is losing people, income, and investment to other states because of our high tax rates. Job creation has fallen below the national average over the past decade. And our farmers, ranchers, and entrepreneurs face levels of red tape regulation often unheard of across state lines. In short, these big-government policies create barriers - rather than ladders - to growth and opportunity, putting the Good Life out of reach for too many Nebraskans. If we want to advance prosperity and opportunity in our state, we need to remove these barriers and instead implement policies which limit government, promote free enterprise, and encourage and reward personal initiative.

Our programs

What are the organization's current programs, how do they measure success, and who do the programs serve?

SOURCE: Self-reported by organization

This organization has not yet reported any program information.

Where we workNew!

Add a map of your service areas to your profile.

Update now

Charting Impact

Five powerful questions that require reflection about what really matters - results.

SOURCE: Self-reported by organization

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

How will they know if they are making progress?

What have and haven't they accomplished so far?

The mission of the Platte Institue is to advance policies that remove barriers to growth and opportunity in Nebraska. The Platte Institue accomplished its mission by developing in-depth and timely research on the economic issues facing our state, then getting it into the hands of those who need it. We envision a state where Nebraskans have the freedom and opportunity to achieve their Good Life, Nebraska's own version of the American Dream.

The Platte Institute furthers its mission to remove barriers to growth and opportunity in Nebraska by using the following strategy: We provide intellectual ammunition, producing high-quality research to support policy goals. We then build a durable network of public support by engaging Nebraskans on which policies deserve their support, how to advocate for change, and hold officials accountable a durable network of public support. Leveraging strategic partnerships, we then build issue-based coalitions with nonprofits, professional organizations, and community leaders to multiply the voices for policy change in Nebraska. We then educate policymakers, ensuring elected officials and candidates have access to the resources they need to make sound policy decisions.

Taxes are inevitable. But not all tax policies have the same impact on economic opportunity. The Platte Institute advocates for tax reforms that collect needed state and local revenue in the least burdensome way. By advocating for reforms to Nebraska's personal and corporate income taxes, the personal property tax, and the inheritance tax, the Platte Institute seeks to advance an environment that respects hardworking taxpayers and fosters entrepreneurship. Nebraskans need tools and resources to help them keep an eye on how policymakers manage their budgets. The Platte Institute evaluates the economic impact of fiscal policies and provides the latest information on state and local spending proposals to help taxpayers and citizens engage with their elected officials. Red tape is harming the Good Life. Even regulators at the Federal Trade Commission now say that Nebraska has too many unnecessary barriers to economic opportunity. The Platte Institute empowers Nebraskans to identify and combat unnecessary regulations, reduce the barriers to entry for entrepreneurs, and lower the costs associated with hiring and employing workers.

The Platte Institute is a strong and effective voice, providing facts and research to enable high-quality policy that helps free citizens to flourish. Recently, the Platte Insitute joined with hardworking Nebraskans including Brandy McMorris, Ilona Holland, and Luke French to champion occupational licensing reforms. With the leadership of Nebraska State Senators and the Governor, the Platte Institute provided research and personal insights from these professionals to help pass legislation reducing or eliminating burdensome job licensing requirements for natural hair braiders, motor vehicle salespeople, bank executive officers, nurses, title examiners, and school bus drivers. We also partnered with the Tax Foundation, the nation's leading independent tax research organization, to present a comprehensive tax reform plan for Nebraska. Our joint research became the subject of a series of tax relief town halls and panels in Bellevue, Grand Island, North Platte, Lincoln, and Wisner featuring Nebraska State Senators. These lawmakers went on to comprise the new tax reform majority in the 105th Nebraska Legislature's Revenue Committee, including Chairman Sen. Jim Smith, Sen. Lydia Brasch, Sen. Curt Friesen, Sen. Mike Groene, and Sen. Brett Lindstrom. Former Revenue member and Unicameral Speaker, Sen. Jim Scheer, also participated in the town halls. Furthermore, the Platte Institute championed transparency and sound fiscal policy in our support of Nebraska's federal funds inventory. With the help of partners from State Policy Network and the American Legislative Exchange Council, the Platte Institute won bipartisan support in the Legislature's Appropriations Committee for a proposal to require state agencies to publish publicly-accessible reports on the use of federal grants in Nebraska, including the details of the financial strings attached to participating in these federal programs. The federal funds inventory was even made a priority bill by the Appropriations Committee. The Platte Institute's research, media, events, and staff reach over 1 million readers, viewers, listeners, and community members across Nebraska each year and has played a key convening role for other groups in the state, encouraging conversation and cooperation to advance shared goals. The Platte Institute will continue to build on its success in the coming years.

External Reviews

Financials

Platte Institute for Economic Research Inc

Fiscal year: Jan 01 - Dec 31

Need more info on this nonprofit?

Need more info on this nonprofit?

FREE: Gain immediate access to the following:

  • Address, phone, website and contact information
  • Forms 990 for 2017, 2016 and 2015
A Pro report is also available for this organization for $125.
Click here to view a Sample Report.

Operations

The people, governance practices, and partners that make the organization tick.

Need more info?

FREE: Gain immediate access to the following:

  • Address, phone, website and contact information
  • Forms 990 for 2017, 2016 and 2015
A Pro report is also available for this organization for $125.
Click here to see what's included.

Board Leadership Practices

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

SOURCE: Self-reported by organization

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?

Yes

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?

Yes

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?

Yes

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?

Yes

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?

Yes

Organizational Demographics

In order to support nonprofits and gain valuable insight for the sector, GuideStar worked with D5—a five-year initiative to advance diversity, equity, and inclusion in philanthropy—in creating a questionnaire. This section is a voluntary questionnaire that empowers organizations to share information on the demographics of who works in and leads organizations. To protect the identity of individuals, we do not display sexual orientation or disability information for organizations with fewer than 15 staff. Any values displayed in this section are percentages of the total number of individuals in each category (e.g. 20% of all Board members for X organization are female).

SOURCE: Self-reported by organization

Gender

Race & Ethnicity

Sexual Orientation

We do not display sexual orientation information for organizations with fewer than 15 staff.

Disability

We do not display disability information for organizations with fewer than 15 staff.

Diversity Strategies

close
We track retention of staff, board, and volunteers across demographic categories
close
We track income levels of staff, senior staff, and board across demographic categories
close
We track the age of staff, senior staff, and board
close
We track the diversity of vendors (e.g., consultants, professional service firms)
close
We have a diversity committee in place
close
We have a diversity manager in place
close
We have a diversity plan
close
We use other methods to support diversity