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Nonprofit · EIN 88-0280033

RURAL NEVADA DEVELOPMENT CORPORATION

Tax-exempt · ELY, NV 89301

Financials

$5.5M$2M2021$5.6M$2.9M2023$5.1M$2.4M2024
Revenue Expenses · by fiscal year end
Financials of RURAL NEVADA DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$5,054,036$2,448,260$2,605,776$34,080,589$12,488,662$21,591,927
June 30, 2024990$5,567,728$2,887,421$2,680,307$32,634,809$13,646,938$18,987,871
June 30, 2022990$5,521,868$2,016,110$3,505,758$25,484,515$11,533,388$13,951,127
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,593,950
of which government grants
$1,316,267
Program service revenue
$238,615
Investment income
$1,221,471
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$182,710
Other salaries and wages
$510,973
Salaries, compensation and benefits (total)
$832,950
Professional fundraising fees
$0
Legal fees
$525
Accounting fees
$33,760
Occupancy
$2,400
Travel
$28,770
Depreciation
$71,648
Program services (functional)
$2,114,312
Management and general (functional)
$333,948

Balance sheet and other

Total assets, start of year
$32,634,809
Total assets, end of year
$34,080,589
Total liabilities, end of year
$12,488,662
Net assets, end of year
$21,591,927
Land, buildings and equipment
$319,466
Net assets without donor restrictions
$1,337,079
Net assets with donor restrictions
$20,254,848
Gross receipts
$5,054,036
Employees
13
Volunteers
7
Year formed
1992
State of legal domicile
NV

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MARY KERNERCEO
Officer
40$157,859$15,349
JERRY MARTINCHAIR
Trustee or director
5$0$0
TRISH RIPPIE1ST VICE CHAIR
Trustee or director
2$0$0
JONI EASTLEY2ND VICE CHAIR
Trustee or director
2$0$0
KENNA ALMBERGSEC./TREAS
Trustee or director
1$0$0
DANNY BENSONDIRECTOR
Trustee or director
1$0$0
KATHY HALBARDIERDIRECTOR
Trustee or director
1$0$0
JAMES UTTERBACKDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensationOther / benefits
MARY KERNERCEO
Officer
40$158,410$14,751
JERRY MARTINCHAIR
Trustee or director
5$0$0
TRISH RIPPIE1ST VICE CHAIR
Trustee or director
2$0$0
JONI EASTLEY2ND VICE CHAIR
Trustee or director
2$0$0
KENNA ALMBERGSEC./TREAS
Trustee or director
1$0$0
DANNY BENSONDIRECTOR
Trustee or director
1$0$0
KATHY HALBARDIERDIRECTOR
Trustee or director
1$0$0
JAMES UTTERBACKDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2022: 9 people
NameTitleHours / weekCompensationOther / benefits
MARY KERNERCEO
Officer
40$133,934$11,484
JERRY MARTINCHAIR
Trustee or director
5$0$0
TRISH RIPPIE1ST VICE CHA
Trustee or director
2$0$0
JONI EASTLEY2ND VICE CHA
Trustee or director
2$0$0
KENNA ALMBERGSEC./TREAS
Trustee or director
1$0$0
DANNY BENSONDIRECTOR
Trustee or director
1$0$0
RACHEL DAHLDIRECTOR
Trustee or director
1$0$0
KATHY HALBARDIERDIRECTOR
Trustee or director
1$0$0
JAMES UTTERBACKDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1320 E AULTMAN ST, ELY, NV 89301-2513
Principal officer (990 for 2024)
MARY KERNER, 1320 EAST AULTMAN STREET, ELY, NV 89301
Signed the 990
MARY KERNER, CEO
Phone
(775) 289-8519
Return prepared by
HINTONBURDICK PLLC

Mission

SEE SCHEDULE O

990 for the year ended June 30, 2025

Program accomplishments

  • HOUSING REHAB & DEVELOPMENT - PROVIDED FUNDING FOR REHAB TO LOW INCOME HOMEOWNERS AS DETERMINED BY DEPARTMENT OF AGRICULTURE & HUD.
    Expenses $583,465 · revenue $90,748
  • THE INTERMEDIARY RELENDING PROGRAM PROVIDED LOANS TO RURAL BUSINESSES WHO HAVE NOT BEEN ABLE TO OBTAIN LOANS FROM COMMERCIAL LENDERS.
    Expenses $713,572
  • HOUSING WEATHERIZATION
    Expenses $568,136
  • OTHER PROGRAM SERVICES - MULTI-FAMILY HOUSING INITIATIVE TO PROVIDE AFFORDABLE HOUSING TO QUALIFYING LOW-INCOME TENANTS.
    Expenses $249,139 · revenue $538,520

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
88-0280033
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1992
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Unknown (Z99Z)
Assets (IRS master file)
$34,080,589
Income (IRS master file)
$5,054,036

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$5,054,036$2,448,260$34,080,589XML
990June 2024$5,567,728$2,887,421$32,634,809XML
990June 2023$4,912,598$2,076,612$28,451,438IRS
990June 2022$5,521,868$2,016,110$25,484,515XML
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-0280033).

Questions about RURAL NEVADA DEVELOPMENT CORPORATION

What is the EIN of RURAL NEVADA DEVELOPMENT CORPORATION?
The employer identification number (EIN) of RURAL NEVADA DEVELOPMENT CORPORATION is 88-0280033.
Is RURAL NEVADA DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to RURAL NEVADA DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RURAL NEVADA DEVELOPMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RURAL NEVADA DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RURAL NEVADA DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of RURAL NEVADA DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 names MARY KERNER.
Who are the officers and directors of RURAL NEVADA DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $157,859 (MARY KERNER, CEO).
How much revenue does RURAL NEVADA DEVELOPMENT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $5,054,036, expenses of $2,448,260 and total assets of $34,080,589 at year end.

Other nonprofits in ELY

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