Northern Nevada Community Housing Resorce Board is located in Reno, NV. The organization was established in 1994. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Northern Nevada Community Housing Resorce Board employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern Nevada Community Housing Resorce Board is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Northern Nevada Community Housing Resorce Board generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 13.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME RESIDENTS IN THE LOCAL AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES APPROXIMATELY 500 UNITS OF AFFORDABLE HOUSING FOR LOW-INCOME INDIVIDUALS IN WASHOE COUNTY, NEVADA THROUGH THE PURCHASE AND MANAGEMENT OF RESIDENTIAL RENTAL PROPERTIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matthew Fleming Executive Di | 40 | $194,110 | |
Jocelyn Kendall Deputy Execu | 40 | $134,061 | |
Matthew Jeannes Chairman | OfficerTrustee | $0 | |
William Miller Secretary | OfficerTrustee | $0 | |
Alex Bybee Treasurer | OfficerTrustee | $0 | |
Danielle Pugh-Markie Vice Chair | OfficerTrustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $54,198 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $54,198 |
Total Program Service Revenue | $1,678,262 |
Investment income | $95,662 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,828,122 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $674,767 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $62,789 |
Payroll taxes | $115,787 |
Fees for services: Management | $0 |
Fees for services: Legal | $11,997 |
Fees for services: Accounting | $9,300 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,555 |
Advertising and promotion | $660 |
Office expenses | $28,680 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $4,056 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,544 |
Interest | $227,999 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $380,031 |
Insurance | $74,569 |
All other expenses | $69,863 |
Total functional expenses | $2,079,898 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,276,862 |
Savings and temporary cash investments | $102,926 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $33,016 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $6,481,342 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $985,704 |
Other assets | $6,352,378 |
Total assets | $15,232,228 |
Accounts payable and accrued expenses | $103,845 |
Grants payable | $0 |
Deferred revenue | $18,423 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $9,243,836 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $96,723 |
Total liabilities | $9,462,827 |
Net assets without donor restrictions | $5,769,401 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $15,232,228 |
Organization Name | Assets | Revenue |
---|---|---|
Eden Investments Inc Hayward, CA | $35,016,313 | $30,534,205 |
Turk Street Inc San Francisco, CA | $36,581,577 | $10,576,295 |
A Community Of Friends Los Angeles, CA | $60,441,352 | $19,454,068 |
Oregon Coast Community Action Coos Bay, OR | $16,109,030 | $18,585,692 |
Abode Communities Los Angeles, CA | $48,420,643 | $18,096,266 |
Habitat For Humanity Portland Metro East Portland, OR | $35,667,707 | $17,313,274 |
Vista Del Monte Affordable Housing Inc Keene, CA | $19,598,964 | $14,888,615 |
Rubicon Programs Inc Richmond, CA | $13,905,498 | $18,401,820 |
Sacramento Self-Help Housing Inc Sacramento, CA | $3,575,796 | $15,208,752 |
The Mortgage Capital Development Company Oakland, CA | $77,426,961 | $21,275,511 |
Century Housing Corporation Culver City, CA | $579,661,365 | $33,491,484 |
Oregon Affordable Housing Assistance Corporation Salem, OR | $27,410,918 | $14,226,353 |