Civic Intelligence

Rural Nevada Development Corporation

990 • Fiscal year 2016 • EIN 88-0280033

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 09, 2016

Organization ProfileN/A
1320 East Aultman StreetEly, NV 89301

(775) 289-8519

Siviq Scores

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

Liabilities / Assets

90th percentile

0.91x

Higher debt load relative to assets than 90% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

94th percentile

4.80x

Higher debt load relative to revenue than 94% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

28th percentile

-2.4%

Higher net margin than 28% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

25th percentile

-2.9%

Faster asset growth than 25% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

21st percentile

-11%

Faster revenue growth than 21% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$13,311,684

Down $398,178 (-2.9%) from 2015

Net Assets

Down

$1,153,977

Down $62,042 (-5.1%) from 2015

Liabilities

Down

$12,157,707

Down $336,136 (-2.7%) from 2015

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin28th percentile

Revenue

Down

$2,532,418

Down $323,284 (-11%) from 2015

Expenses

Down

$2,594,460

Down $494,251 (-16%) from 2015

Net Income

Up

-$62,042

Up $170,967 (+73%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$40M$30M$20M$10M$0Assets 2012: $11,772,851Liabilities 2012: $10,601,955Net Assets 2012: $1,170,8962012Assets 2013: $13,234,042Liabilities 2013: $11,767,646Net Assets 2013: $1,466,3962013Assets 2014: $13,284,834Liabilities 2014: $11,764,430Net Assets 2014: $1,520,4042014Assets 2015: $13,709,862Liabilities 2015: $12,493,843Net Assets 2015: $1,216,0192015Assets 2016: $13,311,684Liabilities 2016: $12,157,707Net Assets 2016: $1,153,9772016Assets 2017: $13,324,347Liabilities 2017: $12,106,013Net Assets 2017: $1,218,3342017Assets 2018: $13,660,797Liabilities 2018: $11,697,251Net Assets 2018: $1,963,5462018Assets 2019: $11,486,154Liabilities 2019: $9,432,239Net Assets 2019: $2,053,9152019Assets 2020: $11,956,520Liabilities 2020: $9,910,832Net Assets 2020: $2,045,6882020Assets 2021: $21,547,293Liabilities 2021: $10,908,474Net Assets 2021: $10,638,8192021Assets 2022: $25,484,515Liabilities 2022: $11,533,388Net Assets 2022: $13,951,1272022Assets 2023: $28,451,438Liabilities 2023: $11,858,575Net Assets 2023: $16,592,8632023Assets 2024: $32,634,809Liabilities 2024: $13,646,938Net Assets 2024: $18,987,8712024Assets 2025: $34,080,589Liabilities 2025: $12,488,662Net Assets 2025: $21,591,9272025

Highlighted filing

2016

Assets$13,311,684
Liabilities$12,157,707
Net Assets$1,153,977
Open 2016 Filing

Operations Trend

Revenue Growth21st percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2012: $5,406,035Expenses 2012: $6,302,569Net Income 2012: -$896,5342012Revenue 2013: $3,562,192Expenses 2013: $3,266,692Net Income 2013: $295,5002013Revenue 2014: $3,301,776Expenses 2014: $3,247,770Net Income 2014: $54,0062014Revenue 2015: $2,855,702Expenses 2015: $3,088,711Net Income 2015: -$233,0092015Revenue 2016: $2,532,418Expenses 2016: $2,594,460Net Income 2016: -$62,0422016Revenue 2017: $2,786,498Expenses 2017: $2,659,042Net Income 2017: $127,4562017Revenue 2018: $3,633,298Expenses 2018: $2,888,086Net Income 2018: $745,2122018Revenue 2019: $1,945,116Expenses 2019: $1,854,747Net Income 2019: $90,3692019Revenue 2020: $1,698,422Expenses 2020: $1,706,649Net Income 2020: -$8,2272020Revenue 2021: $11,283,329Expenses 2021: $2,097,882Net Income 2021: $9,185,4472021Revenue 2022: $5,521,868Expenses 2022: $2,016,110Net Income 2022: $3,505,7582022Revenue 2023: $4,912,598Expenses 2023: $2,076,612Net Income 2023: $2,835,9862023Revenue 2024: $5,567,728Expenses 2024: $2,887,421Net Income 2024: $2,680,3072024Revenue 2025: $5,054,036Expenses 2025: $2,448,260Net Income 2025: $2,605,7762025

Highlighted filing

2016

Revenue$2,532,418
Expenses$2,594,460
Net Income-$62,042
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 9, 2016
Return Version
2015v2.1
Gross Receipts
$2,535,494
Mission and Program Overview

Mission

Rural nevada development corporation (rndc) is a 501(c) 3 non-profit development corporation formed in january 1992 to serve the fifteen (15) rural counties, rural clark and washoe counties, and the twenty-seven (27) native american tribes of nevada. Rndc has been responsive to the needs of rural communities by addressing critical issues such as affordable housing, down payment assistance, homeowner rehabilitation and small business alternative lending practices and has received certification from the department of treasury as a community development financial institution (cdfi). Its ability to leverage involvement statewide from public and private sources has been successful. In 1999, rndc business-lending program won a best practice award from hud for its creativity in addressing a problem and effectively leveraging resources.

Economic development services

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$6,139,934$5,682,720▼ $457,214
Investments Other Securities$5,157,996$5,034,742▼ $123,254
Cash and Non-Interest-Bearing Accounts$1,666,139$2,053,189▲ $387,050
Land, Buildings, and Equipment, Net$278,597$276,053▼ $2,544
Pledges and Grants Receivable$249,571$213,792▼ $35,779
Accounts Receivable$214,278$47,991▼ $166,287
Prepaid Expenses and Deferred Charges$3,347$3,197▼ $150
Total Assets$13,709,862$13,311,684▼ $398,178
Liabilities
Mortgage Notes Payable Secured by Investment Property$12,201,394$11,985,262▼ $216,132
Accounts Payable and Accrued Expenses$239,738$115,435▼ $124,303
Other Liabilities$51,196$54,311▲ $3,115
Deferred Revenue$1,515$2,699▲ $1,184
Total Liabilities$12,493,843$12,157,707▼ $336,136
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,906,412$1,943,653▲ $37,241
Unrestricted Net Assets$-690,393$-789,676▼ $99,283
Total Net Assets Fund Balance$1,216,019$1,153,977▼ $62,042
Total Liabilities and Net Assets / Fund Balance$13,709,862$13,311,684▼ $398,178

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$258,875$56,125$315,000
Equipment$17,178$173,415$190,593
Other Securities$5,034,742--
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Jerry MartinBoard Chair
Christine StonesDirector
Danny BensonDirector
Daryl CrawfordDirector
Eric CoyleDirector
James UtterbackDirector
Jana MoyesDirector
Janis WoodDirector
Kathy HalbardierDirector
Kenna AlmbergDirector
Shirley MccroskyDirector
Shirley Kellerman1st Vice CHA
Trish Rippie2nd Vice CHA
Joni EastleySecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$687,767
Program Service Revenue
$1,383,453
Investment Income
$461,198
Other Revenue
$0
Change in Net Assets
$-62,042

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,532,418
Total Revenue per Audited Statements
$2,532,418
Total Revenue per Form 990
$2,532,418
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,035,093
Salaries, Compensation, and Employee Benefits$559,367
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$410,429$148,938-$559,367
Interest$235,808$7,853-$243,661
Fees for Services Legal$191,005$15,000-$206,005
Depreciation Depletion$144,528$14,392-$158,920
Other Expenses$121,242$4,530-$125,772
All Other Expenses$100,485$5,185-$105,670
Insurance$55,434$13,071-$68,505
Occupancy$20,655$2,465-$23,120
Travel$14,385$4,004-$18,389
Office Expenses$14,784$876-$15,660
Advertising$2,605$1,562-$4,167
Total Functional Expenses$2,136,475$457,985$0$2,594,460

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,594,460
Total Expenses per Audited Statements$2,594,460
Total Expenses per Form 990$2,594,460
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$29,886
Interest Payable$18,111
Compensated Absences Payable$6,314
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Copy was provided to governing body.”

Form 990, Page 6, Part VI, Line 19

“Documents are available for inspection at the coroporate offices.”

Filing and Contact Details

Filer

Filer Name
Rural Nevada Development
EIN
88-0280033
Phone
7752898519
Address
1320 EAST AULTMAN STREET, ELY, NV 89301

Signing Officer

Name
Jerry Martin
Title
Board Chair
Phone
7752898519
Signed
2016-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jerry Martin
Formed
1982
Legal Domicile
Nv
Voting Board Members
14
Independent Board Members
13
Employees
11

Preparer

Firm
Hintonburdick Pllc
Address
63 SOUTH 300 EAST STE 100, ST GEORGE, UT 84770-2948
Preparer
Steven Palmer CPA
Phone
4356283663
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Rural nevada development corporation (rndc) is a 501(c) 3 non-profit development corporation formed in january 1992 to serve the fifteen (15) rural counties, rural clark and washoe counties, and the twenty-seven (27) native american tribes of nevada. Rndc has been responsive to the needs of rural communities by addressing critical issues such as affordable housing, down payment assistance, homeowner rehabilitation and small business alternative lending practices and has received certification from the department of treasury as a community development financial institution (cdfi). Its ability to leverage involvement statewide from public and private sources has been successful. In 1999, rndc business-lending program won a best practice award from hud for its creativity in addressing a problem, and effectively leveraging resources.”

Form 990, Page 2, Part III, Line 4D

“Other program services - multi-family housing initiative to provide affordable housing to qualifying low-income tenants.”

Raw XML AppendixShowing 400 of 458 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0239738
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0115435
IRS990/AccountsReceivableGrp/BOYAmt0214278
IRS990/AccountsReceivableGrp/EOYAmt047991
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ECONOMIC DEVELOPMENT SERVICES
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01562
IRS990/AdvertisingGrp/ProgramServicesAmt02605
IRS990/AdvertisingGrp/TotalAmt04167
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt05185
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0100485
IRS990/AllOtherExpensesGrp/TotalAmt0105670
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0JERRY MARTIN BOARD CHAIR
IRS990/BooksInCareOfDetail/PhoneNum07752898519
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01320 EAST AULTMAN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0ELY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NV
IRS990/BooksInCareOfDetail/USAddress/ZIPCd089301
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01666139
IRS990/CashNonInterestBearingGrp/EOYAmt02053189
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0687767
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0461198
IRS990/CYOtherExpensesAmt02035093
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01383453
IRS990/CYRevenuesLessExpensesAmt0-62042
IRS990/CYSalariesCompEmpBnftPaidAmt0559367
IRS990/CYTotalExpensesAmt02594460
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02532418
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt01515
IRS990/DeferredRevenueGrp/EOYAmt02699
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt014392
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0144528
IRS990/DepreciationDepletionGrp/TotalAmt0158920
IRS990/Desc0HOUSING REHAB & DEVELOPMENT - PROVIDED FUNDING FOR REHAB TO LOW INCOME HOMEOWNERS AS DETERMINED BY DEPARTMENT OF AGRICULTURE & HUD.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt011
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0323256
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt015000
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0191005
IRS990/FeesForServicesLegalGrp/TotalAmt0206005
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0JERRY MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm1SHIRLEY KELLERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2TRISH RIPPIE
IRS990/Form990PartVIISectionAGrp/PersonNm3JONI EASTLEY
IRS990/Form990PartVIISectionAGrp/PersonNm4DANNY BENSON
IRS990/Form990PartVIISectionAGrp/PersonNm5DARYL CRAWFORD
IRS990/Form990PartVIISectionAGrp/PersonNm6SHIRLEY MCCROSKY
IRS990/Form990PartVIISectionAGrp/PersonNm7KATHY HALBARDIER
IRS990/Form990PartVIISectionAGrp/PersonNm8CHRISTINE STONES
IRS990/Form990PartVIISectionAGrp/PersonNm9JAMES UTTERBACK
IRS990/Form990PartVIISectionAGrp/PersonNm10JANIS WOOD
IRS990/Form990PartVIISectionAGrp/PersonNm11KENNA ALMBERG
IRS990/Form990PartVIISectionAGrp/PersonNm12JANA MOYES
IRS990/Form990PartVIISectionAGrp/PersonNm13ERIC COYLE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11ST VICE CHA
IRS990/Form990PartVIISectionAGrp/TitleTxt22ND VICE CHA
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt03924
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0687767
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt07000
IRS990/GrossReceiptsAmt02535494
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt013
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt013071
IRS990/InsuranceGrp/ProgramServicesAmt055434
IRS990/InsuranceGrp/TotalAmt068505
IRS990/InterestGrp/ManagementAndGeneralAmt07853
IRS990/InterestGrp/ProgramServicesAmt0235808
IRS990/InterestGrp/TotalAmt0243661
IRS990/InvestmentIncomeGrp/ExclusionAmt0457274
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0457274
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt05157996
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt05034742
IRS990/IRPDocumentCnt030
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0229540
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0278597
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0276053
IRS990/LandBldgEquipCostOrOtherBssAmt0505593
IRS990/LegalDomicileStateCd0NV
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt03076
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0RURAL NEVADA DEVELOPMENT CORPORATION (RNDC) IS A 501(C) 3 NON-PROFIT DEVELOPMENT CORPORATION FORMED IN JANUARY 1992 TO SERVE THE FIFTEEN (15) RURAL COUNTIES, RURAL CLARK AND WASHOE COUNTIES, AND THE TWENTY-SEVEN (27) NATIVE AMERICAN TRIBES OF NEVADA. RNDC HAS BEEN RESPONSIVE TO THE NEEDS OF RURAL COMMUNITIES BY ADDRESSING CRITICAL ISSUES SUCH AS AFFORDABLE HOUSING, DOWN PAYMENT ASSISTANCE, HOMEOWNER REHABILITATION AND SMALL BUSINESS ALTERNATIVE LENDING PRACTICES AND HAS RECEIVED CERTIFICATION FROM THE DEPARTMENT OF TREASURY AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI). ITS ABILITY TO LEVERAGE INVOLVEMENT STATEWIDE FROM PUBLIC AND PRIVATE SOURCES HAS BEEN SUCCESSFUL. IN 1999, RNDC BUSINESS-LENDING PROGRAM WON A BEST PRACTICE AWARD FROM HUD FOR ITS CREATIVITY IN ADDRESSING A PROBLEM, AND EFFECTIVELY LEVERAGING RESOURCES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt012201394
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt011985262
IRS990/NetAssetsOrFundBalancesBOYAmt01216019
IRS990/NetAssetsOrFundBalancesEOYAmt01153977
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt03924
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt03924
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt02465
IRS990/OccupancyGrp/ProgramServicesAmt020655
IRS990/OccupancyGrp/TotalAmt023120
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0876
IRS990/OfficeExpensesGrp/ProgramServicesAmt014784
IRS990/OfficeExpensesGrp/TotalAmt015660
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0CONSTRUCTION
IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014290
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1223991
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21828
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt34530
IRS990/OtherExpensesGrp/ProgramServicesAmt0619562
IRS990/OtherExpensesGrp/ProgramServicesAmt15500
IRS990/OtherExpensesGrp/ProgramServicesAmt2200053
IRS990/OtherExpensesGrp/ProgramServicesAmt3121242
IRS990/OtherExpensesGrp/TotalAmt0633852
IRS990/OtherExpensesGrp/TotalAmt1229491
IRS990/OtherExpensesGrp/TotalAmt2201881
IRS990/OtherExpensesGrp/TotalAmt3125772
IRS990/OtherLiabilitiesGrp/BOYAmt051196
IRS990/OtherLiabilitiesGrp/EOYAmt054311
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0148938
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0410429
IRS990/OtherSalariesAndWagesGrp/TotalAmt0559367
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt06139934
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt05682720
IRS990/PartialLiquidationInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0249571
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0213792
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03347
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03197
IRS990/PrincipalOfficerNm0JERRY MARTIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0MULTI-FAMILY HOUSING
IRS990/ProgramServiceRevenueGrp/Desc1OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc2FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0988175
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1356979
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt238299
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0988175
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1356979
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt238299
IRS990/ProgSrvcAccomActy2Grp/Desc0THE INTERMEDIARY RELENDING PROGRAM PROVIDED LOANS TO RURAL BUSINESSES WHO HAVE NOT BEEN ABLE TO OBTAIN LOANS FROM COMMERCIAL LENDERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0357923
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0457274
IRS990/ProgSrvcAccomActy3Grp/Desc0HOUSING WEATHERIZATION
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0515765
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAM SERVICES - MULTI-FAMILY HOUSING INITIATIVE TO PROVIDE AFFORDABLE HOUSING TO QUALIFYING LOW-INCOME TENANTS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0939531
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0988175
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01025482
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0451468
IRS990/PYOtherExpensesAmt02381414
IRS990/PYProgramServiceRevenueAmt01378752
IRS990/PYRevenuesLessExpensesAmt0-233009
IRS990/PYSalariesCompEmpBnftPaidAmt0707297
IRS990/PYTotalExpensesAmt03088711
IRS990/PYTotalRevenueAmt02855702
IRS990/ReconcilationRevenueExpnssAmt0-62042
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0399202
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0INVESTMENT INCOME 1,076,597
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0687767
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01025482
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01757847
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02133240
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03790985
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09395321
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0457274
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0441468
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0898742
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt07490460
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0417718
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0366018
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0292861
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01076597
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.82630
IRS990ScheduleA/PublicSupportPY170Pct00.87390
IRS990ScheduleA/PublicSupportTotal170Amt09395321
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0687767
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01025482
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01757847
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02133240
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03790985
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09395321
IRS990ScheduleA/TotalSupportAmt011370660
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0258875
IRS990ScheduleD/BuildingsGrp/DepreciationAmt056125
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0315000
IRS990ScheduleD/EquipmentGrp/BookValueAmt017178
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0173415
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0190593
IRS990ScheduleD/ExpensesSubtotalAmt02594460
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt029886
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt118111
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt26314
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2COMPENSATED ABSENCES PAYABLE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt05034742
IRS990ScheduleD/OtherSecuritiesGrp/Desc0OTHER INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueSubtotalAmt02532418
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0276053
IRS990ScheduleD/TotalBookValueSecuritiesAmt05034742
IRS990ScheduleD/TotalExpensesPerForm990Amt02594460
IRS990ScheduleD/TotalLiabilityAmt054311
IRS990ScheduleD/TotalRevenuePerForm990Amt02532418
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02532418
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02594460
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RURAL NEVADA DEVELOPMENT CORPORATION (RNDC) IS A 501(C) 3 NON-PROFIT DEVELOPMENT CORPORATION FORMED IN JANUARY 1992 TO SERVE THE FIFTEEN (15) RURAL COUNTIES, RURAL CLARK AND WASHOE COUNTIES, AND THE TWENTY-SEVEN (27) NATIVE AMERICAN TRIBES OF NEVADA. RNDC HAS BEEN RESPONSIVE TO THE NEEDS OF RURAL COMMUNITIES BY ADDRESSING CRITICAL ISSUES SUCH AS AFFORDABLE HOUSING, DOWN PAYMENT ASSISTANCE, HOMEOWNER REHABILITATION AND SMALL BUSINESS ALTERNATIVE LENDING PRACTICES AND HAS RECEIVED CERTIFICATION FROM THE DEPARTMENT OF TREASURY AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI). ITS ABILITY TO LEVERAGE INVOLVEMENT STATEWIDE FROM PUBLIC AND PRIVATE SOURCES HAS BEEN SUCCESSFUL. IN 1999, RNDC BUSINESS-LENDING PROGRAM WON A BEST PRACTICE AWARD FROM HUD FOR ITS CREATIVITY IN ADDRESSING A PROBLEM, AND EFFECTIVELY LEVERAGING RESOURCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER PROGRAM SERVICES - MULTI-FAMILY HOUSING INITIATIVE TO PROVIDE AFFORDABLE HOUSING TO QUALIFYING LOW-INCOME TENANTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPY WAS PROVIDED TO GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE FOR INSPECTION AT THE COROPORATE OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01906412
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01943653
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt013709862
IRS990/TotalAssetsEOYAmt013311684
IRS990/TotalAssetsGrp/BOYAmt013709862
IRS990/TotalAssetsGrp/EOYAmt013311684
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0687767
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0457985
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02136475
IRS990/TotalFunctionalExpensesGrp/TotalAmt02594460
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012493843
IRS990/TotalLiabilitiesEOYAmt012157707

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,311,684
Liabilities
$12,157,707
Net assets
$1,153,977
Revenue
$2,532,418
Expenses
$2,594,460
Net income
-$62,042
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.1$12.5$21.6$5.05$2.45$2.61
2024Detailed filing. Detailed filing data is available for this year.$32.6$13.6$19.0$5.57$2.89$2.68
2023Detailed filing. Detailed filing data is available for this year.$28.5$11.9$16.6$4.91$2.08$2.84
2022Detailed filing. Detailed filing data is available for this year.$25.5$11.5$14.0$5.52$2.02$3.51
2021Detailed filing. Detailed filing data is available for this year.$21.5$10.9$10.6$11.3$2.10$9.19
2020Detailed filing. Detailed filing data is available for this year.$12.0$9.91$2.05$1.70$1.71$0.01
2019Detailed filing. Detailed filing data is available for this year.$11.5$9.43$2.05$1.95$1.85$0.09
2018Detailed filing. Detailed filing data is available for this year.$13.7$11.7$1.96$3.63$2.89$0.75
2017Detailed filing. Detailed filing data is available for this year.$13.3$12.1$1.22$2.79$2.66$0.13
2016Detailed filing. Detailed filing data is available for this year.$13.3$12.2$1.15$2.53$2.59$0.06
2015Detailed filing. Detailed filing data is available for this year.$13.7$12.5$1.22$2.86$3.09$0.23
2014Summary only. Only limited summary data is available for this year.$13.3$11.8$1.52$3.30$3.25$0.05
2013Summary only. Only limited summary data is available for this year.$13.2$11.8$1.47$3.56$3.27$0.30
2012Summary only. Only limited summary data is available for this year.$11.8$10.6$1.17$5.41$6.30$0.90