NEVADA AFFORDABLE HOUSING ASSISTANCE CORPORATION: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- NEVADA AFFORDABLE HOUSING ASSISTANCE CORPORATION (EIN 30-0154421)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2018-11-28
- IRS object ID
- 201813329349300021
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-28T10:47:41-08:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 880374623 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOULDSWORTH RUSSO & COMPANY PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8675 S EASTERN AVE STE A | AddressLine1Txt |
| City | LAS VEGAS | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 891232839 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 300154421 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEVADA AFFORDABLE HOUSING | BusinessNameLine1Txt |
| Business Name Line2 | ASSISTANCE CORPORATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEVA | BusinessNameControlTxt |
| Phone | 7026756638 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3016 W CHARLESTON BLVD 160 | AddressLine1Txt |
| City | LAS VEGAS | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | VERISE CAMPBELL | PersonNm |
| Person Title | CEO/COO | PersonTitleTxt |
| Phone | 7025705579 | PhoneNum |
| Signature | 2018-11-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KATIE HAMPTON | PreparerPersonNm |
| PTIN | P00292787 | PTIN |
| Phone | 7022699992 | PhoneNum |
| Preparation | 2018-11-21 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 199.233.61.90 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-11-28 | IPDt |
| IP Tm | 12:47:41 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | E7FC33D6464FDD279193490F0119697EEF82149E | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 6D4B9A30A22B6847F557FDA8EFB6E64403708954 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | VERISE CAMPBELL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3016 W CHARLESTON BLVD 160 | AddressLine1Txt |
| City | LAS VEGAS | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $16,122,392 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NEVADAHARDESTHITFUND.NV.GOV | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2003 | FormationYr |
| Legal Domicile State | NV | LegalDomicileStateCd |
| Activity Or Mission | THE MISSION OF NAHAC IS TO PROVIDE FUNDS, SUBSIDIES, AND/OR BENEFITS TO NEVADA HOMEOWNERS OR OTHER TARGETED GROUPS OF INDIVIDUALS WITHIN THE STATE OF NEVADA IN ORDER TO ASSIST WITH AFFORDABLE OR SUBSIDIZED SINGLE OR MULTI-FAMILY HOUSING. AT A MINIMUM, THIS WILL ENCOMPASS CONSISTENTLY DETERMINING WHAT THE SPECIFIC NEEDS OF NEVADA HOMEOWNERS ARE, AND ANY OTHER APPLICABLE NEEDS OF THE INDIVIDUAL COMMUNITIES THEREIN. LIAISONS WITH PUBLIC AND PRIVATE PARTNERS, AS APPLICABLE, WILL BE CONSISTENTLY SOUGHT TO ACHIEVE THIS OVERARCHING OBJECTIVE. THE NAHAC QUALIFIED AND TRAINED TEAM OF PROFESSIONALS WILL PROVIDE THIS SERVICE IN AN EFFICIENT AND EFFECTIVE MANNER, MAKING THE NEEDS OF ELIGIBLE NEVADA HOMEOWNERS ITS TOP DAILY PRIORITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 14 | TotalEmployeeCnt |
| Total Volunteers | 5 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $8,318,917 | PYContributionsGrantsAmt |
| CY Contributions Grants | $16,122,392 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $95,388 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $8,414,305 | PYTotalRevenueAmt |
| CY Total Revenue | $16,122,392 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $6,368,571 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $13,905,283 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $773,761 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $954,368 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,347,001 | PYOtherExpensesAmt |
| CY Other Expenses | $1,343,908 | CYOtherExpensesAmt |
| PY Total Expenses | $8,489,333 | PYTotalExpensesAmt |
| CY Total Expenses | $16,203,559 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$75,028 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$81,167 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $22,855,087 | TotalAssetsBOYAmt |
| Total Assets EOY | $46,048,469 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $22,071,473 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $45,495,385 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $783,614 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $553,084 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF NAHAC IS TO PROVIDE FUNDS, SUBSIDIES, AND/OR BENEFITS TO NEVADA HOMEOWNERS OR OTHER TARGETED GROUPS OF INDIVIDUALS WITHIN THE STATE OF NEVADA IN ORDER TO ASSIST WITH AFFORDABLE OR SUBSIDIZED SINGLE OR MULTI-FAMILY HOUSING. AT A MINIMUM, THIS WILL ENCOMPASS CONSISTENTLY DETERMINING WHAT THE SPECIFIC NEEDS OF NEVADA HOMEOWNERS ARE, AND ANY OTHER APPLICABLE NEEDS OF THE INDIVIDUAL COMMUNITIES THEREIN. LIAISONS WITH PUBLIC AND PRIVATE PARTNERS, AS APPLICABLE, WILL BE CONSISTENTLY SOUGHT TO ACHIEVE THIS OVERARCHING OBJECTIVE. THE NAHAC QUALIFIED AND TRAINED TEAM OF PROFESSIONALS WILL PROVIDE THIS SERVICE IN AN EFFICIENT AND EFFECTIVE MANNER, MAKING THE NEEDS OF ELIGIBLE NEVADA HOMEOWNERS ITS TOP DAILY PRIORITY. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $13,905,283 | ExpenseAmt |
| Grant | $13,905,283 | GrantAmt |
| Desc | PRINCIPAL REDUCTION PROGRAM (PRP)- PROVIDES ASSISTANCE TO REDUCE THE PRINCIPAL BALANCE OF PRIMARY MORTGAGES FOR BORROWERS WITH AN ELIGIBLE FINANCIAL HARDSHIP AND/OR NEGATIVE EQUITY BY: (A) PRINCIPAL REDUCTION AND A PERMANENT MODIFICATION OR REAMORTIZATION TO ACHIEVE AN AFFORDABLE MONTHLY PAYMENT; OR (B) PRINCIPAL REDUCTION OF A "NON-DELINQUENT" BORROWER'S PRIMARY MORTGAGE IN A SIGNIFICANT NEGATIVE EQUITY POSITION TO AN AMOUNT AS CLOSE TO AND NOT LESS THAN 100% LOAN-TO-VALUE RATIO AS THE AMOUNT OF PER- HOUSEHOLD ASSISTANCE WILL PERMIT TO REDUCE THE RISK OF POTENTIAL DEFAULT BY SUCH BORROWERS. THIS ASSISTANCE IS PROVIDED AS A ONE-TIME PAYMENT TO LENDERS/SERVICERS UP TO A MAXIMUM OF 100,000 PER HOUSEHOLD. SECOND MORTGAGE REDUCTION PLAN (SMRP)- PROVIDES ASSISTANCE TO BORROWERS WITH AN ELIGIBLE FINANCIAL HARDSHIP WHO HAVE A SECOND MORTGAGE LIEN AND WHO: (A) COULD ACHIEVE AFFORDABLE MONTHLY MORTGAGE PAYMENTS AND AN APPROPRIATE LEVEL OF DEBT IF THEIR SECOND MORTGAGE (SECOND LIEN) WERE ELIMINATED; OR (B) COULD ACHIEVE AFFORDABLE MONTHLY MORTGAGE PAYMENTS AND AN APPROPRIATE LEVEL OF DEBT WITH A PRINCIPAL REDUCTION AND REAMORTIZATION OR MODIFICATION OF THEIR SECOND MORTGAGE. THIS ASSISTANCE IS PROVIDED AS A ONE-TIME PAYMENT TO LENDERS/SERVICERS UP TO A MAXIMUM OF 50,000 PER HOUSEHOLD. MORTGAGE ASSISTANCE PROGRAM (MAP AND U-MAP)- PROVIDES TEMPORARY FINANCIAL ASSISTANCE TO ELIGIBLE NEVADA BORROWERS WHO WISH TO REMAIN IN THEIR HOMES, BUT HAVE SUFFERED A LOSS OF INCOME DUE TO UNEMPLOYMENT OR UNDEREMPLOYMENT. MAP PROVIDES MORTGAGE PAYMENT ASSISTANCE EQUAL TO THE LESSER OF 3,000 PER MONTH OR 100% OF THE PRINCIPAL, INTEREST, TAX, AND INSURANCE, AS APPLICABLE (PITI) AND ANY ESCROWED OR NON-ESCROWED HOMEOWNER'S ASSOCIATION DUES OR ASSESSMENTS, FOR UP TO EIGHTEEN (18) MONTHS, WITH THE PURPOSE OF PREVENTING AVOIDABLE FORECLOSURES UNTIL SUCH TIME THAT THE BORROWER RETAINS EMPLOYMENT SUFFICIENT TO MEET THE DEMANDS OF SATISFYING THEIR REGULAR MORTGAGE PAYMENT. MORTGAGE REINSTATEMENT ASSISTANCE PROGRAM (MRAP)- PROVIDES TEMPORARY FINANCIAL ASSISTANCE TO ELIGIBLE BORROWERS WHO WISH TO REMAIN IN THEIR HOMES, BUT ARE IN IMMINENT DANGER OF LOSING THEIR HOME TO FORECLOSURE. MRAP PROVIDES FUNDS TO HELP INCOME-QUALIFIED BORROWERS CURE THEIR DELINQUENT FIRST MORTGAGE LOAN ARREARAGES, WHICH MAY ALSO INCLUDE PAYMENTS NEEDED TO REINSTATE THEIR LOANS FROM FORECLOSURE. ASSISTANCE WITH CURING DELINQUENT, NON-ESCROWED PROPERTY TAXES AND HOMEOWNERS' ASSOCIATION DUES IS ONLY AVAILABLE IN CONJUNCTION WITH OTHER ASSISTANCE ON THE HOMEOWNER'S MORTGAGE LOANS. | Desc |
| Total Program Service Expenses | $13,905,283 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 15 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 14 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | VERISE CAMPBELL | PersonNm |
| Phone | 7026756638 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3016 W CHARLESTON BLVD 160 | AddressLine1Txt |
| City | LAS VEGAS | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89102 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| TIMOTHY WHITRIGHT | ||||||
| PRESIDENT & | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MICHAEL HOLLIDAY | ||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| SHARATH CHANDRA | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| MOHAMMAD NEMATI | ||||||
| VICE PRESIDE | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| RANDE JOHNSEN | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| VERISE CAMPBELL | ||||||
| CEO/COO | 40.00 | Yes (X) | $111,759 | $0 | $357 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $111,759 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $357 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FENNEMORE CRAIG PC | |||||
| 2394 E CAMELBACK ROAD SUITE 600 | PHOENIX | AZ | 85016 | LEGAL SERVICES | $198,572 |
| DAVID GLOVER | |||||
| PO BOX 270653 | LAS VEGAS | NV | 89127 | IT CONSULTING | $110,197 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $16,122,392 | GovernmentGrantsAmt |
| Total Contributions | $16,122,392 | TotalContributionsAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,122,392 | TotalRevenueColumnAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,905,283 | TotalAmt |
| Program Services | $13,905,283 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,745 | TotalAmt |
| Management And General | $108,745 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $723,028 | TotalAmt |
| Management And General | $723,028 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,857 | TotalAmt |
| Management And General | $63,857 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,738 | TotalAmt |
| Management And General | $58,738 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,329 | TotalAmt |
| Management And General | $107,329 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $245,462 | TotalAmt |
| Management And General | $245,462 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,390 | TotalAmt |
| Management And General | $91,390 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,804 | TotalAmt |
| Management And General | $118,804 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,051 | TotalAmt |
| Management And General | $37,051 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $378,033 | TotalAmt |
| Management And General | $378,033 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,844 | TotalAmt |
| Management And General | $100,844 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,041 | TotalAmt |
| Management And General | $8,041 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,321 | TotalAmt |
| Management And General | $91,321 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,850 | TotalAmt |
| Management And General | $35,850 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| BUSINESS PARTNERS | $53,350 | $53,350 |
| MISCELLANEOUS EXPENSES | $31,243 | $31,243 |
| RECORDING FEES | $27,722 | $27,722 |
| STATISTICAL DATA | $11,978 | $11,978 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,490 | TotalAmt |
| Management And General | $5,490 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,203,559 | TotalAmt |
| Program Services | $13,905,283 | ProgramServicesAmt |
| Management And General | $2,298,276 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $468,247 | BOYAmt |
| EOY | $444,892 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,453,662 | BOYAmt |
| EOY | $44,839,706 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,153 | BOYAmt |
| EOY | $47,112 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,792 | BOYAmt |
| EOY | $45,367 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $478,273 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $270,502 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,201 | BOYAmt |
| EOY | $207,771 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $649,032 | BOYAmt |
| EOY | $463,621 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,855,087 | BOYAmt |
| EOY | $46,048,469 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $180,206 | BOYAmt |
| EOY | $106,383 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,891,267 | BOYAmt |
| EOY | $45,389,002 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,071,473 | BOYAmt |
| EOY | $45,495,385 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $783,614 | BOYAmt |
| EOY | $553,084 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $783,614 | BOYAmt |
| EOY | $553,084 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,855,087 | BOYAmt |
| EOY | $46,048,469 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$81,167 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$149,363 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,683,989 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,411,570 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,510,130 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,318,917 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,122,392 | CurrentTaxYearAmt |
| Total | $52,046,998 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,683,989 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,411,570 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,510,130 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,318,917 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,122,392 | CurrentTaxYearAmt |
| Total | $52,046,998 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $52,046,998 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $150 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,131 | CurrentTaxYearMinus2YearsAmt |
| Total | $1,281 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $535 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $350 | CurrentTaxYearMinus2YearsAmt |
| Total | $885 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $52,049,164 | TotalSupportAmt |
| Public Support CY170 | 1.00000 | PublicSupportCY170Pct |
| Public Support PY170 | 1.00000 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $478,273 | OtherCostOrOtherBasisAmt |
| Depreciation | $270,502 | DepreciationAmt |
| Book Value | $207,771 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $207,771 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REFUNDABLE ADVANCE | Desc |
| Amt | $45,389,002 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $45,389,002 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $16,122,392 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $16,122,392 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $16,122,392 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $16,203,559 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $16,203,559 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $16,203,559 | TotalExpensesPerForm990Amt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | MORTGAGE ASSISTANCE | GrantTypeTxt |
| Recipient | 364 | RecipientCnt |
| Cash Grant | $13,905,283 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | MORTGAGE ASSISTANCE GRANTS ARE FUNDED DIRECTLY TO ELIGIBLY HOMEOWNERS' MORTGAGE SERVICERS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE MISSION OF NAHAC IS TO PROVIDE FUNDS, SUBSIDIES, AND/OR BENEFITS TO NEVADA HOMEOWNERS OR OTHER TARGETED GROUPS OF INDIVIDUALS WITHIN THE STATE OF NEVADA IN ORDER TO ASSIST WITH AFFORDABLE OR SUBSIDIZED SINGLE OR MULTI-FAMILY HOUSING. AT A MINIMUM, THIS WILL ENCOMPASS CONSISTENTLY DETERMINING WHAT THE SPECIFIC NEEDS OF NEVADA HOMEOWNERS ARE, AND ANY OTHER APPLICABLE NEEDS OF THE INDIVIDUAL COMMUNITIES THEREIN. LIAISONS WITH PUBLIC AND PRIVATE PARTNERS, AS APPLICABLE, WILL BE CONSISTENTLY SOUGHT TO ACHIEVE THIS OVERARCHING OBJECTIVE. THE NAHAC QUALIFIED AND TRAINED TEAM OF PROFESSIONALS WILL PROVIDE THIS SERVICE IN AN EFFICIENT AND EFFECTIVE MANNER, MAKING THE NEEDS OF ELIGIBLE NEVADA HOMEOWNERS ITS TOP DAILY PRIORITY. |
| FORM 990, PAGE 2, PART III, LINE 4A | WITH AN ELIGIBLE FINANCIAL HARDSHIP WHO HAVE A SECOND MORTGAGE LIEN AND WHO: (A) COULD ACHIEVE AFFORDABLE MONTHLY MORTGAGE PAYMENTS AND AN APPROPRIATE LEVEL OF DEBT IF THEIR SECOND MORTGAGE (SECOND LIEN) WERE ELIMINATED; OR (B) COULD ACHIEVE AFFORDABLE MONTHLY MORTGAGE PAYMENTS AND AN APPROPRIATE LEVEL OF DEBT WITH A PRINCIPAL REDUCTION AND REAMORTIZATION OR MODIFICATION OF THEIR SECOND MORTGAGE. THIS ASSISTANCE IS PROVIDED AS A ONE-TIME PAYMENT TO LENDERS/SERVICERS UP TO A MAXIMUM OF 50,000 PER HOUSEHOLD. MORTGAGE ASSISTANCE PROGRAM (MAP AND U-MAP)- PROVIDES TEMPORARY FINANCIAL ASSISTANCE TO ELIGIBLE NEVADA BORROWERS WHO WISH TO REMAIN IN THEIR HOMES, BUT HAVE SUFFERED A LOSS OF INCOME DUE TO UNEMPLOYMENT OR UNDEREMPLOYMENT. MAP PROVIDES MORTGAGE PAYMENT ASSISTANCE EQUAL TO THE LESSER OF 3,000 PER MONTH OR 100% OF THE PRINCIPAL, INTEREST, TAX, AND INSURANCE, AS APPLICABLE (PITI) AND ANY ESCROWED OR NON-ESCROWED HOMEOWNER'S ASSOCIATION DUES OR ASSESSMENTS, FOR UP TO EIGHTEEN (18) MONTHS, WITH THE PURPOSE OF PREVENTING AVOIDABLE FORECLOSURES UNTIL SUCH TIME THAT THE BORROWER RETAINS EMPLOYMENT SUFFICIENT TO MEET THE DEMANDS OF SATISFYING THEIR REGULAR MORTGAGE PAYMENT. MORTGAGE REINSTATEMENT ASSISTANCE PROGRAM (MRAP)- PROVIDES TEMPORARY FINANCIAL ASSISTANCE TO ELIGIBLE BORROWERS WHO WISH TO REMAIN IN THEIR HOMES, BUT ARE IN IMMINENT DANGER OF LOSING THEIR HOME TO FORECLOSURE. MRAP PROVIDES FUNDS TO HELP INCOME-QUALIFIED BORROWERS CURE THEIR DELINQUENT FIRST MORTGAGE LOAN ARREARAGES, WHICH MAY ALSO INCLUDE PAYMENTS NEEDED TO REINSTATE THEIR LOANS FROM FORECLOSURE. ASSISTANCE WITH CURING DELINQUENT, NON-ESCROWED PROPERTY TAXES AND HOMEOWNERS' ASSOCIATION DUES IS ONLY AVAILABLE IN CONJUNCTION WITH OTHER ASSISTANCE ON THE HOMEOWNER'S MORTGAGE LOANS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | A DRAFT OF THE FORM 990 IS PRESENTED TO THE GOVERNING BOARD AND APPROVED BY THE BOARD CHAIRPERSON PRIOR TO FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICY AND MAKES UPDATES AS DETERMINED NECESSARY. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE CEO'S COMPENSATION IS REVIEWED AND APPROVED BY THE GOVERNING BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE COMPENSATION OF OTHER EMPLOYEES IS REVIEWED AND APPROVED BY THE CEO. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | PRIOR PERIOD ADJUSTMENTS PER AUDIT -149,363 |