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Nevada Affordable Housing Assistance Corporation

Las Vegas, NV · EIN 30-0154421 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Nevada Affordable Housing Assistance Corporation reported $36.7 million in revenue and $36.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.34 went to program services, $8.66 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 99.1% of the total. Government grants made up 99.1%. The highest compensation it reported for one person was $163,179 (CEO/COO). 1 person received more than $100,000 in reportable compensation. Revenue rose 406% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $36M

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $37M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 933 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
91.3%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
8.7%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
99.1%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
99.1%1.0%
Program service revenue share
Part VIII 2g ÷ 12
0.6%66.2%
Highest reported compensation
Part VII-A, columns D–F
$163,179$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.45%1.57%
People paid over $100,000
Part VII, line 2
15
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
1.110.0
Independent voting board members
Part VI 1a–1b
5 of 5100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$33M expenses · 100.0% of program spending · grants $33M · revenue $230K

Unemployment mortgage assistance program (uma)- provides temporary financial assistance to eligible nevada homeowners who wish to remain in their homes but have suffered a loss of income due to unemployment or underemployment. At least one homeowner must have experienced involuntary job loss due to the pandemic that occurred on or after january 21, 2020 and must be unemployed at time of the application review. The program will assist the household with up to twelve (12) months of forward payments until the homeowner regains employment. The assistance will also include reinstatement of the…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO/COO
Officer, 40.00 hrs/week
$150,733$0$12,446$163,179

1 people received more than $100,000 in reportable compensation from Nevada Affordable Housing Assistance Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $178K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$37M$36M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$37M$36M91.3%$3.5M$163,179
FY2024 ⓘ$38M$39M90.6%$3.3M$153,314
FY2023 ⓘ$28M$27M87.0%$4.1M$144,678
FY2022 ⓘ$6.6M$4.3M33.2%$2.9M$136,965
FY2021 ⓘ$17M$17M86.7%$578K$134,545
FY2020 ⓘ$7.2M$7.2M74.2%$580K$127,973

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 511
  • Volunteers Part I, line 65

Correct a figure or respond

Every number above is copied from Nevada Affordable Housing Assistance Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Nevada Affordable Housing Assistance Corporation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All housing & shelter charities · Largest charities in Nevada

Questions people ask

How much of Nevada Affordable Housing Assistance Corporation's spending goes to programs?

In the fiscal year ending June 30, 2025, Nevada Affordable Housing Assistance Corporation reported that 91.3% of its $36.5 million in expenses went to program services, 8.7% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Nevada Affordable Housing Assistance Corporation pay its top executive?

The largest total compensation Nevada Affordable Housing Assistance Corporation reported for one person in the fiscal year ending June 30, 2025 was $163,179, for the role of CEO/COO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Nevada Affordable Housing Assistance Corporation get its money?

Of $36.7 million in revenue in the fiscal year ending June 30, 2025, 99.1% came from contributions and grants (including 99.1% from government grants) and 0.6% from program service revenue (Form 990, Part VIII).

Is Nevada Affordable Housing Assistance Corporation a registered charity?

The IRS lists EIN 30-0154421 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202600219349300220 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202530159349301778 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202303549349300415 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202340199349300019 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202103489349300730 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202130649349301303 · read the filing

All filings for EIN 30-0154421: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.