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RURAL NEVADA DEVELOPMENT CORPORATION
1320 E AULTMAN ST
ELY, NV 89301
775 289-8519

Purpose

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.

Federal Emp. ID
880280033
Activity
S32 - Rural Economic Development
IRS Ruling Date
1992
IRS Type
501(c)(3) - Public charity: Religious, educational, charitable, scientific, and literary organizations...
Basis for public charity status
15 - Organization with a substantial portion of support from a governmental unit or the general public
Date of most recent return
06/2019
Total Revenue
$1,945,116
Total Assets
$11,486,154
Pounds Of Food
alt : Financial Graph

Note: Some ratios are only available for organizations completing the detailed IRS Form 990.
Smaller organizations that choose to complete the Form 990-EZ do not report on this variable.


Important Advisory: A 990 is one snapshot in time. Although Form 990 ratio analysis provided here can be a useful tool, the information can be dated and cannot reflect current conditions of a nonprofit especially in turbulent economic times. It is important to consider current financial statements of any nonprofit for an accurate picture.

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