Civic Intelligence

Nye County Regional Economic Development Authority

990EZ • Fiscal year 2022 • EIN 46-1798734

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 15, 2022

Organization Profile
PO Box 822Pahrump, NV 89041

(775) 727-0716

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

18th percentile

-23%

Higher net margin than 18% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

88th percentile

$31,354

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 20.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

16th percentile

-30%

Faster asset growth than 16% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

66th percentile

33%

Faster revenue growth than 66% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$81,395

Down $35,280 (-30%) from 2021

Net Assets

$81,395

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin18th percentile

Revenue

Up

$156,524

Up $38,775 (+33%) from 2021

Expenses

Up

$191,804

Up $92,599 (+93%) from 2021

Net Income

Down

-$35,280

Down $53,824 (-290%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2014: $29,002Liabilities 2014: $02014Assets 2015: $50,612Liabilities 2015: $02015Assets 2016: $64,110Liabilities 2016: $02016Assets 2017: $26,279Liabilities 2017: $02017Assets 2018: $69,520Liabilities 2018: $02018Assets 2019: $78,320Liabilities 2019: $02019Assets 2021: $116,675Liabilities 2021: $02021Assets 2022: $81,395Liabilities 2022: $0Net Assets 2022: $81,3952022Assets 2023: $98,228Liabilities 2023: $0Net Assets 2023: $98,2282023Assets 2024: $67,971Liabilities 2024: $0Net Assets 2024: $67,9712024Assets 2025: $96,902Liabilities 2025: $0Net Assets 2025: $96,9022025

Highlighted filing

2022

Assets$81,395
Liabilities$0
Net Assets$81,395
Open 2022 Filing

Operations Trend

Revenue Growth66th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2014: $91,510Expenses 2014: $62,507Net Income 2014: $29,0032014Revenue 2015: $99,654Expenses 2015: $78,044Net Income 2015: $21,6102015Revenue 2016: $96,485Expenses 2016: $82,987Net Income 2016: $13,4982016Revenue 2017: $92,170Expenses 2017: $91,186Net Income 2017: $9842017Revenue 2018: $100,665Expenses 2018: $96,238Net Income 2018: $4,4272018Revenue 2019: $97,906Expenses 2019: $89,106Net Income 2019: $8,8002019Revenue 2021: $117,749Expenses 2021: $99,205Net Income 2021: $18,5442021Revenue 2022: $156,524Expenses 2022: $191,804Net Income 2022: -$35,2802022Revenue 2023: $147,570Expenses 2023: $130,737Net Income 2023: $16,8332023Revenue 2024: $174,486Expenses 2024: $204,743Net Income 2024: -$30,2572024Revenue 2025: $174,183Expenses 2025: $145,252Net Income 2025: $28,9312025

Highlighted filing

2022

Revenue$156,524
Expenses$191,804
Net Income-$35,280
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$156,524
Mission and Program Overview

Mission

To promote economic dev. in rural Nevada

To promote economic dev in rural Nevada

Program Services

DescriptionGrantsExpenses
GOED:Funding for one full-time and two part-time employees to handle office. To assist in promotion and advancement of economic dev. in rural Nevada. Funding for bus. counseling.$110,000$145,624
USDA: Revolving Loan Fund (RLF) to help create and retain business in rural Nevada. Received grant reimbursement payment for three RLF loans.$25,000$25,000
USDA: Provide economic development services and funding for rural projects that will create and retain businesses in rural Nevada.-$21,180
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donna CoreyAssistant Executive DirectorFT$31,354-$31,354
Paul MillerExecutive DirectorPT$28,432-$28,432
Roy MankinsPresidentPT$0--
Joni EastleyVice PresidentPT$0--
Beth LeeSecretary TreasurerPT$0--
Tammi OgegardDirectorPT$0--
Samantha FagaMemberPT$0--
Filing and Contact Details

Filer

Filer Name
Nye County Regional Economic Devlp Authority
EIN
46-1798734
Address
PO BOX 822, PAHRUMP, NV 89041

Signing Officer

Name
Paul T Miller
Title
Executive Direc
Phone
7755135556
Signed
2022-11-15
Supplemental Narrative

Additional Explanations

Part II response or note to any other line in Part II

“The US Department of Agriculture (USDA) Loan and Grant Program provides funding for rural projects through local utility organizations to establish Revolving Loan Funds (RLF). In partnership with the USDA, Nye County Economic Development Authority (NCREDA) started an RLF program to create or retain rural jobs/businesses. NCREDA created eight (8) RLF loans for Nye County. The first (1) loan in the amount of $10,000 for Bolton Vines. The second (2) loan in the amount of $10,000 for Artesian Cellars. The third (3) loan in the amount of $5,000 for Sugar and Spice Bakery. The fourth (4) loan in the amount of $10,000 for Pahrump Valley Tours. The fifth (5) loan in the amount of $10,000 for Big Dicks Pizza. The sixth (6) loan in the amount of $5,000 for P.C. Paramedic. The seventh (7) loan in the amount of $10,000 for Cheers! Nevada. The eighth (8) loan was in the amount of $10,000 for Goldfield Stop and Inn. NCREDA received a donation in the amount of $10,000 from Kinross Round Mountain Gold to provide small businesses in Round Mountain, NV, small business grants to help local businesses stay afloat due to COVID-19. One (1) grant in the amount of $5,000 was provided to Dinky Diner. All donated funds received from Kinross Round Mountain Gold was received in the form of a donation to provide local businesses grants and NCREDA vetted businesses to ensure that grants/donations were provided to businesses that suffered hardships during the pandemic. The excess grants/donation funds for 2021 were added to the organizational operations account during the annual budget reviewed and approved by the Board of Directors.”

Raw XML Appendix161 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Member
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The US Department of Agriculture (USDA) Loan and Grant Program provides funding for rural projects through local utility organizations to establish Revolving Loan Funds (RLF). In partnership with the USDA, Nye County Economic Development Authority (NCREDA) started an RLF program to create or retain rural jobs/businesses. NCREDA created eight (8) RLF loans for Nye County. The first (1) loan in the amount of $10,000 for Bolton Vines. The second (2) loan in the amount of $10,000 for Artesian Cellars. The third (3) loan in the amount of $5,000 for Sugar and Spice Bakery. The fourth (4) loan in the amount of $10,000 for Pahrump Valley Tours. The fifth (5) loan in the amount of $10,000 for Big Dicks Pizza. The sixth (6) loan in the amount of $5,000 for P.C. Paramedic. The seventh (7) loan in the amount of $10,000 for Cheers! Nevada. The eighth (8) loan was in the amount of $10,000 for Goldfield Stop and Inn. NCREDA received a donation in the amount of $10,000 from Kinross Round Mountain Gold to provide small businesses in Round Mountain, NV, small business grants to help local businesses stay afloat due to COVID-19. One (1) grant in the amount of $5,000 was provided to Dinky Diner. All donated funds received from Kinross Round Mountain Gold was received in the form of a donation to provide local businesses grants and NCREDA vetted businesses to ensure that grants/donations were provided to businesses that suffered hardships during the pandemic. The excess grants/donation funds for 2021 were added to the organizational operations account during the annual budget reviewed and approved by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part II response or note to any other line in Part II
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ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$81,395
Liabilities
$0
Net assets
$81,395
Revenue
$156,524
Expenses
$191,804
Net income
-$35,280
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$1.74$1.45$0.29
2024Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$1.74$2.05$0.30
2023Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$1.48$1.31$0.17
2022Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$1.57$1.92$0.35
2021Summary only. Only limited summary data is available for this year.$1.17$0.00$1.18$0.99$0.19
2019Summary only. Only limited summary data is available for this year.$0.78$0.00$0.98$0.89$0.09
2018Summary only. Only limited summary data is available for this year.$0.70$0.00$1.01$0.96$0.04
2017Summary only. Only limited summary data is available for this year.$0.26$0.00$0.92$0.91$0.01
2016Summary only. Only limited summary data is available for this year.$0.64$0.00$0.96$0.83$0.13
2015Summary only. Only limited summary data is available for this year.$0.51$0.00$1.00$0.78$0.22
2014Summary only. Only limited summary data is available for this year.$0.29$0.00$0.92$0.63$0.29