Nevada · Nonprofit
RURAL NEVADA DEVELOPMENT CORPORATION
RURAL NEVADA DEVELOPMENT CORPORATION (Nevada) receives grants from 2 organizations whose IRS filings report $65,000 to it, the largest being Wells Fargo Foundation ($40,000). 1 of them have funded it in more than one year.
- Revenue FY2025
- $5.1M
- Funders on record
- 2
- Grants received
- $65k
- Net assets
- $22M
What Rural Nevada Development Corporation does
Mission
Economic development services
As stated on its FY2025 Form 990.
Programs
Housing rehab & development - provided funding for rehab to low income homeowners as determined by department of agriculture & hud.
$943,175 spent$203,492 earned by the program36% of program spendingThe intermediary relending program provided loans to rural businesses who have not been able to obtain loans from commercial lenders.
$673,122 spent26% of program spendingHousing weatherization
$656,878 spent25% of program spendingOther program services - multi-family housing initiative to provide affordable housing to qualifying low-income tenants.
$334,348 spent$1,178,645 earned by the program13% of program spending
The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $2,607,523.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $12M to $22M (+80%).
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.
Government-grant reliance: 2017 37% · 2018 47% · 2019 32% · 2020 46% · 2021 43% · 2022 57% · 2023 18% · 2024 30% · 2025 26%. Grants only. Government contracts and fees sit inside program revenue.
71% of RURAL NEVADA DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (72% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
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
Mary Kerner
CEO
Board chair
Jerry Martin
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of RURAL NEVADA 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
RURAL NEVADA DEVELOPMENT CORPORATION leans on a few funders — its largest provides 62% 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
“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
RURAL NEVADA DEVELOPMENT CORPORATION draws 62% of its grant income from funders outside Nevada, across 2 states in all.
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.
Against its field
RURAL NEVADA DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 369 unclassified nonprofits its size.
this organization peer median middle 50% of peers· 369 unclassified nonprofits $1M–$10M, FY2025
Government funding RURAL NEVADA DEVELOPMENT CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $7.4M on record.
- Department of Commerce$6.8M
- Department of Agriculture$561k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like RURAL NEVADA 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 Nevada
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
86% of spending goes to programs.
Governance
Public support
86%
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 RURAL NEVADA 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.
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 RURAL NEVADA DEVELOPMENT CORPORATION?
- RURAL NEVADA DEVELOPMENT CORPORATION (Nevada) receives grants from 2 organizations whose IRS filings report $65,000 to it, the largest being Wells Fargo Foundation ($40,000). 1 of them have funded it in more than one year.
- How many funders does RURAL NEVADA DEVELOPMENT CORPORATION have?
- IRS filings report 2 organizations giving $65,000 in grants to RURAL NEVADA DEVELOPMENT CORPORATION, 1 of which have funded it in more than one year.
- Who is the largest funder of RURAL NEVADA DEVELOPMENT CORPORATION?
- Wells Fargo Foundation is the largest funder on record, with $40,000 in grants. The full list of funders is on this page.
- How can an organization like RURAL NEVADA DEVELOPMENT CORPORATION 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 Rural Nevada Development →
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 2 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