Public Charity

RURAL NEVADA DEVELOPMENT CORPORATION

RURAL NEVADA DEVELOPMENT CORPORATION is a nonprofit organization categorized as Public Charity based in ELY, NV. Its most recent IRS filing (2025) reports revenue of $5.1M, expenses of $2.4M, total assets of $34.1M.

EIN: 880280033 ELY, NV Latest filing: 2025
Total Revenue$5.1M
Total Expenses$2.4M
Total Assets$34.1M
Grant Records0
Filing Years2021–2025

Mission

SEE SCHEDULE O

Where $100 goes at Rural Nevada Development Corporation

How Rural Nevada Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$88 Programs the work itself
$12 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $88 for programs

$30
The intermediary relending program provided loans to rural businesses who have not been able to obtain loans from commercial lenders
34% of program spending
$24
Housing rehab & development
27% of program spending
$24
Housing weatherization
27% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Danny Benson
DIRECTOR James Utterback
CHAIR Jerry Martin
2ND VICE CHAIR Joni Eastley
DIRECTOR Kathy Halbardier
SEC./TREAS Kenna Almberg

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $5.1M $2.4M $34.1M
2024 $5.6M $2.9M $32.6M
2023 $4.9M $2.1M $28.5M
2022 $5.5M $2.0M $25.5M
2021 $11.3M $2.1M $21.5M

Between 2021 and 2025, reported annual revenue declined from $11.3M to $5.1M (-55%), with total assets most recently reported at $34.1M.

Interactive year-over-year charts and full filing details available with membership.

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