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Nevada · Nonprofit

NEVADA RURAL HOUSING INC

NEVADA RURAL HOUSING INC (Nevada) receives grants from 3 organizations whose IRS filings report $4,650,024 to it, the largest being CHARLES AND PHYLLIS M FRIAS CHARITABLE TRUST ($4,550,024). 1 of them have funded it in more than one year.

Revenue FY2025
$311k
Funders on record
3
Grants received
$4.7M
Net assets
$892k
1/3 repeat fundersgrants exceed reported revenue in one year
01What it does

What Nevada Rural Housing Inc does

Mission

Provide affordable housing for low and moderate income persons in rural nevada

As stated on its FY2025 Form 990.

Program

  1. Real estate management income from seven low income multi-family housing properties consisting of 345 total units in rural nevada. Provide single family residence as rental to a low income family in carson, nv

    $20,817 spent$310,530 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $20,817.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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 = 20182018 Revenue 100 ($37k) Expenses 100 ($129k) Net assets -67 ($-86228)2019 Revenue 875 ($327k) Expenses 105 ($135k) Net assets 100 ($129k)2020 Revenue 226 ($84k) Expenses 102 ($131k) Net assets 456 ($588k)2021 Revenue 1065 ($398k) Expenses 111 ($143k) Net assets 653 ($843k)2022 Revenue -263 ($-98182) Expenses 93 ($120k) Net assets 484 ($625k)2023 Revenue 566 ($211k) Expenses 94 ($121k) Net assets 554 ($716k)2024 Revenue 615 ($230k) Expenses 139 ($179k) Net assets 593 ($766k)2025 Revenue 831 ($311k) Expenses 143 ($184k) Net assets 691 ($892k)
'18'19'20'21'22'23'24'25
Revenue (831)Expenses (143)Net assets (691)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 2019 to 2020, from $2.2M to $719k (−67%).

$2.0M
$2.2M
$719k
$975k
$741k
$849k
$897k
$1.0M
'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.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

0% of NEVADA RURAL HOUSING INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (37% for the typical peer).

This organization
Typical peer · 8,334 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

−$91k
’18
$192k
’19
−$47k
’20
$255k
’21
−$218k
’22
$90k
’23
$50k
’24
$126k
’25
24
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.

'18'19'20'21'22'23'24'25
Listed33333333
Joined·+2+1+0+1+1+0+0
No longer listed·2101100
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income rose $50k → $2.0M.

From the IRS filings of NEVADA RURAL HOUSING INC’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

NEVADA RURAL HOUSING INC leans on a few funders — its largest provides 98% of grant income and the top three 100%; half comes from just 1 funder.

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

98%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2019 100% · 2020 84% · 2023 100% — broadly stable.

“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

98% of NEVADA RURAL HOUSING INC's grant income comes from Nevada funders.

NV
DC
GA

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

’17
’19
’20
’23
Nevada out of state home

Funder states come from each funder’s own filing. 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

NEVADA RURAL HOUSING INC runs a healthier operating margin than three-quarters of the 4,980 housing & shelter nonprofits its size.

Operating margin41% · top quartile
Months of reserve23.7mo · top quartile
Revenue growth (annualized)35% · top quartile

this organization peer median middle 50% of peers· 4,980 housing & shelter nonprofits $100k–$1M, FY2025

Organizations like NEVADA RURAL HOUSING INC

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 Nevada

Nationally

05Profile & governance

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

Where the money goes

11% of spending goes to programs.

Program 11%Management 89%Fundraising 0%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

97%

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

Footprint & structure

Part of a family of 8 related entities

  • Nevada Rural Housing Authority · exempt
  • Carson Southgate Enterprise LLC · partnership
  • West Minor Street Associates LLC · partnership
  • West Minor Street Associates II LLC · partnership
  • Sunridge Fallon Associates LLC · partnership

Screen this organization

A dated, signed PDF of the compliance screen for NEVADA RURAL HOUSING INC: 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 NEVADA RURAL HOUSING INC?
NEVADA RURAL HOUSING INC (Nevada) receives grants from 3 organizations whose IRS filings report $4,650,024 to it, the largest being CHARLES AND PHYLLIS M FRIAS CHARITABLE TRUST ($4,550,024). 1 of them have funded it in more than one year.
How many funders does NEVADA RURAL HOUSING INC have?
IRS filings report 3 organizations giving $4,650,024 in grants to NEVADA RURAL HOUSING INC, 1 of which have funded it in more than one year.
Who is the largest funder of NEVADA RURAL HOUSING INC?
CHARLES AND PHYLLIS M FRIAS CHARITABLE TRUST is the largest funder on record, with $4,550,024 in grants. The full list of funders is on this page.
How can an organization like NEVADA RURAL HOUSING INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Nevada. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Nevada Rural Housing →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 3 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