Nevada Housing Coalition
- Assets
- $582.6k
- Revenue
- $661.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Las Vegas, NV
- Founding
- 11/2019
- Data as of
- 12/2022
- EIN
- 30-1171619
Organization Overview
Nevada Housing Coalition is located in Las Vegas, NV. The organization was established in 2019. According to its NTEE Classification (L05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Nevada Housing Coalition employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nevada Housing Coalition is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Nevada Housing Coalition generated $661.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 58.4% each year . All expenses for the organization totaled $692.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE SUSTAINABLE SOLUTIONS THROUGH COMMUNITY AWARENESS, CAPACITY BUILDING, AND ADVOCACY TO ENSURE HOUSING OPTIONS FOR ALL NEVADANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION/EVENT EXPENSES: ONE OF ITS MAIN FUNCTIONS AND A STRATEGIC PRIORITY, THE NEVADA HOUSING COALITION (NHC) PROVIDES EDUCATION TO AFFORDABLE HOUSING STAKEHOLDERS STATEWIDE. IN 2022, NHC LAUNCHED A NEW PROGRAM, ELEVATENV AFFORDABLE HOUSING TO PROVIDE CAPACITY BUILDING FOR AFFORDABLE HOUSING DEVELOPMENT FINANCE & CONSTRUCTION & SUPPORTIVE HOUSING. ELEVATENV HOSTED 18 VIRTUAL & IN PERSON EVENTS WITH MORE THAN 300 UNIQUE PARTICIPANTS. ADDITIONALLY, NHC HOSTED ITS VIRTUAL MONTHLY LUNCH & LEARN SERIES. FINALLY, NHC COORDINATED & HOSTED THE 2022 ANNUAL STATEWIDE HOUSING CONFERENCE. THE ANNUAL CONFERENCE PROVIDES AFFORDABLE HOUSING ADVOCATES AND STAKEHOLDERS ACROSS NEVADA A CHANCE TO LEARN AND SHARE BEST PRACTICES THROUGH PLENARY AND BREAKOUT SESSIONS, & ALSO NETWORK WITH THEIR PEERS. THE 2022 CONFERENCE WAS HELD IN OCTOBER IN RENO. EDUCATION EXPENSES INCLUDE STAFF TIME, CONTRACT SUBJECT MATTER EXPERTS, VENUE, SPEAKERS, AND OTHER APPROPRIATE EVENT EXPENSES.
ADVOCACY: ONE OF THE STRATEGIC PRIORITIES OF THE NEVADA HOUSING COALITION (NHC) IS ADVOCACY. THE WORK OF NHC IN THIS SPACE IS PRIMARILY FOR EDUCATION AND AWARENESS OF AFFORDABLE HOUSING CHALLENGES FACED BY NEVADANS AND THE OPPORTUNITIES FOR POLICY SOLUTIONS, BOTH STATUTORY AND REGULATORY. A VERY SMALL PORTION OF THE NEVADA HOUSING COALITIONS BUDGET SERVES LOBBYING EXPENSES INCURRED DURING THE STATE LEGISLATIVE SESSION OR OCCASIONAL MEETINGS WITH VOTING ACTIONS OF ELECTED OFFICIALS. ADVOCACY EXPENSES INCLUDE CONTRACTED EXPENSES, STAFF TIME, AND POLICY FORUM EVENTS AND THEIR CORRESPONDING EXPENSES.
COLLABORATION / PARTNERSHIPS: THE NEVADA HOUSING COALITION (NHC) HAS A ROBUST STRATEGY TO ENGAGE AND COLLABORATE WITH STAKEHOLDERS ACROSS NEVADA, AS BOTH COALITION MEMBERS AND NON-MEMBERS. ACTIVITIES INCLUDE HOSTED MEETINGS AND ROUNDTABLES, PARTICIPATION IN VARIOUS WORKING GROUPS AND INITIATIVES, ONE-ON-ONE RELATIONSHIP BUILDING EFFORTS AND OUTREACH. COLLABORATION / PARTNERSHIP EXPENSES INCLUDE STAFF TIME FOR IMPLEMENTATION AND COORDINATION AND TRAVEL AND MEETING EXPENSES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Hess Executive Director | Officer | 40 | $91,000 |
Pat Patrie Director | Trustee | 1 | $0 |
Rae Lathrop Director | Trustee | 1 | $0 |
Mae Worthey-Thomas Director | Trustee | 1 | $0 |
Emily Paulsen Director | Trustee | 1 | $0 |
Lorri Murphy Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $88,150 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $440,703 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $528,853 |
| Total Program Service Revenue | $126,385 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $661,838 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $91,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $102,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,459 |
| Payroll taxes | $18,227 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,400 |
| Fees for services: Accounting | $16,337 |
| Fees for services: Lobbying | $1,500 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $61,644 |
| Advertising and promotion | $4,500 |
| Office expenses | $14,974 |
| Information technology | $4,849 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,239 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $255,686 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,079 |
| All other expenses | $80,000 |
| Total functional expenses | $692,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $575,433 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,175 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $582,608 |
| Accounts payable and accrued expenses | $38,072 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $38,072 |
| Net assets without donor restrictions | $201,739 |
| Net assets with donor restrictions | $342,797 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $582,608 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sv Home San Jose, CA | $1,834,371 | $1,087,707 |
California Housing Consortium Agoura Hills, CA | $865,273 | $1,083,731 |
Terner Housing Innovation Labs Inc Oakland, CA | $1,261,706 | $1,700,786 |
Nevada Housing Coalition Las Vegas, NV | $582,608 | $661,838 |
Vets Advocacy Inc Los Angeles, CA | $168,664 | $221,001 |
Coalition For Housing Accessibility Needs Choices & Equality Inc Santa Barbara, CA | $175,954 | $0 |
More Housing Now Portland, OR | $456,649 | $0 |
Coastal Housing Coalition Santa Barbara, CA | $102,186 | $0 |
Research Ranch Foundation Tucson, AZ | $94,195 | $376 |