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Nebraska · Nonprofit

ELKHORN VALLEY COMMUNITY DEVELOPMENT CORPORATION

ELKHORN VALLEY COMMUNITY DEVELOPMENT CORPORATION (Nebraska) receives grants from 6 organizations whose IRS filings report $4,355,633 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($2,954,333). 5 of them have funded it in more than one year.

Revenue FY2025
$8.4M
Funders on record
6
Grants received
$4.4M
Net assets
$23M
5/6 repeat funderspeak grant-dependency 13%
01What it does

What Elkhorn Valley Community Development Corporation does

Mission

Elkhorn Valley Community Development Corporation dba neighborworks northeast nebraska (nwnen) is a community housing development corporation (chdo). Their mission is to develop housing opportunities, empower individuals and families, revitalize and strengthen communities.

As stated on its FY2025 Form 990.

Programs

  1. Purchase / rehabilitation / resell program - provide no interest loans to low to moderate income individuals and families for the purchase of a home.

    $2,724,444 spent$2,523,875 earned by the program
    87% of program spending
  2. New construction program - provide no interest loans to low to moderate income individuals and families for the purchase of a newly constructed home.

    $293,222 spentof which $100,000 as grants$36,985 earned by the program
    9% of program spending
  3. Homebuyer education program - provide educational services to communities. Education workshops are 8 hours in length. The curriculum for the attendees includes the following topics: understanding credit, budgeting/money management, pre-qualifying versus per-approval, upfront cost/moving-insurance-closing, pros and cons of homeownership, choosing the right home, maintenance and equipment needed, insurance/taxes/valuations, and being a good neighbor.

    $120,569 spent$49,185 earned by the program
    4% of program spending
  4. Money management program (aka financial pathways) - provide education services to communities. The curriculum for the attendees includes three 45 minute classes of financial coaching concentration on budgeting, debt and credit.

    $7,904 spent
    0% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $3,146,139.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($5.9M) Expenses 100 ($5.5M) Net assets 100 ($8.1M)2018 Revenue 109 ($6.4M) Expenses 77 ($4.3M) Net assets 127 ($10M)2019 Revenue 157 ($9.3M) Expenses 141 ($7.8M) Net assets 145 ($12M)2020 Revenue 74 ($4.4M) Expenses 70 ($3.9M) Net assets 152 ($12M)2021 Revenue 119 ($7.1M) Expenses 83 ($4.6M) Net assets 182 ($15M)2022 Revenue 55 ($3.3M) Expenses 55 ($3.1M) Net assets 185 ($15M)2023 Revenue 95 ($5.6M) Expenses 74 ($4.1M) Net assets 203 ($16M)2024 Revenue 118 ($7.0M) Expenses 97 ($5.4M) Net assets 222 ($18M)2025 Revenue 142 ($8.4M) Expenses 65 ($3.6M) Net assets 281 ($23M)
'17'18'19'20'21'22'23'24'25
Revenue (142)Expenses (65)Net assets (281)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $19M to $24M (+29%).

$8.4M
$11M
$13M
$13M
$15M
$16M
$17M
$19M
$24M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 21% · 2018 33% · 2019 25% · 2020 26% · 2021 37% · 2022 30% · 2023 33% · 2024 32% · 2025 53%. Grants only. Government contracts and fees sit inside program revenue.

67% of ELKHORN VALLEY COMMUNITY DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$379k
’17
$2.2M
’18
$1.5M
’19
$535k
’20
$2.5M
’21
$212k
’22
$1.5M
’23
$1.6M
’24
$4.8M
’25
19
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Roger Nadrchal

CEO

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed121212121212121212
Joined·+0+2+2+2+3+0+0+1
No longer listed·02223001
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 2 funders, grant income rose $260k → $422k.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 10% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ELKHORN VALLEY COMMUNITY DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ELKHORN VALLEY COMMUNITY DEVELOPMENT CORPORATION leans on a few funders — its largest provides 68% of grant income and the top three 89%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

79% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ELKHORN VALLEY COMMUNITY DEVELOPMENT CORPORATION.

68%
largest funder
89%
top three
~2
effective funders

Largest funder’s share by year: 2017 94% · 2018 76% · 2019 94% · 2020 52% · 2021 52% · 2022 95% · 2023 92% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

ELKHORN VALLEY COMMUNITY DEVELOPMENT CORPORATION draws 91% of its grant income from funders outside Nebraska, across 3 states in all.

NE
KS
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Nebraska out of state home

Funder states come from each funder’s own filing. $431k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ELKHORN VALLEY COMMUNITY DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 2,196 housing & shelter nonprofits its size.

Operating margin57% · top quartile
Months of reserve18.9mo · top quartile
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 2,196 housing & shelter nonprofits $1M–$10M, FY2025

Organizations like ELKHORN VALLEY COMMUNITY DEVELOPMENT CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Nebraska

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 13%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

95%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for ELKHORN VALLEY COMMUNITY DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ELKHORN VALLEY COMMUNITY DEVELOPMENT CORPORATION?
ELKHORN VALLEY COMMUNITY DEVELOPMENT CORPORATION (Nebraska) receives grants from 6 organizations whose IRS filings report $4,355,633 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($2,954,333). 5 of them have funded it in more than one year.
How many funders does ELKHORN VALLEY COMMUNITY DEVELOPMENT CORPORATION have?
IRS filings report 6 organizations giving $4,355,633 in grants to ELKHORN VALLEY COMMUNITY DEVELOPMENT CORPORATION, 5 of which have funded it in more than one year.
Who is the largest funder of ELKHORN VALLEY COMMUNITY DEVELOPMENT CORPORATION?
NEIGHBORHOOD REINVESTMENT CORPORATION is the largest funder on record, with $2,954,333 in grants. The full list of funders is on this page.
How can an organization like ELKHORN VALLEY COMMUNITY DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Nebraska. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing