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EIN 88-0280033

Rural Nevada Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
13
City
Ely
State
Nevada
Year formed
1992
Most recent tax filings
2023-06-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Rural Nevada Development Corporation, a 501(c)3 non-profit development corporation formed in January 1992, provides economic development services to serve the fifteen rural counties, rural Clark and Washoe counties, and the twenty-seven Native American tribes of Nevada. RNDC administers an intermediary relending program that offers loans to rural businesses unable to obtain loans from commercial lenders. Additionally, RNDC funds housing rehab and development for low-income homeowners as designated by the Department of Agriculture and HUD.
Total revenues
$4,912,598
2023
Total expenses
$2,076,612
2023
Total assets
$28,451,438
2023
Num. employees
13
2023

Program areas at Rural Nevada Development Corporation

Housing rehab & Development - provided funding for rehab to low income homeowners as determined by department of agriculture & hud.
Housing weatherization
The intermediary relending program provided loans to Rural businesses who have not been able to obtain loans from commercial lenders.
Other program services - multi-family housing initiative to provide affordable housing to qualifying low-income tenants.

Personnel at Rural Nevada Development Corporation

NameTitleCompensation
Mary KernerChief Executive Officer$155,461
Bj NayAccounting Manager
Doreen VenturinoHousing Programs Manager

Financials for Rural Nevada Development Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$3,790,502
Program services$322,122
Investment income and dividends$799,974
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,912,598

Form 990s for Rural Nevada Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-10-11990View PDF
2021-062021-10-22990View PDF
2020-062021-04-02990View PDF
2019-062019-11-29990View PDF
2018-062019-02-21990View PDF
...and 8 more Form 990s
Data update history
November 29, 2023
Posted financials
Added Form 990 for fiscal year 2023
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2021
March 1, 2023
Updated personnel
Identified 1 new personnel
May 24, 2022
Used new vendors
Identified 1 new vendor, including
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
1320 E Aultman St
Ely, NV 89301
County
White Pine County, NV
Website URL
rndcnv.org/ 
Phone
(775) 289-8519
IRS details
EIN
88-0280033
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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