NonprofitsElkhorn Valley Community Development Corporation

Housing & Shelter

Elkhorn Valley Community Development Corporation

NORFOLK, NE

Total revenue

$7.0M

Total expenses

$5.4M

Net assets

$18.0M

Grants received

$2.9M

13 grants

EIN

470783310

Tax year

2024

Mission

Develop housing opportunities, empower individuals and families, and revitalize and strengthen communities.

Programs

3 programs

New construction program - provide no interest loans to low to moderate income individuals and families for the purchase of a newly constructed home.

Expenses: $192K

Homebuyer education program - provide educational services to communities. Education workshops are 8 hours in length. The curriculum for the attendees includes the following topics: understanding credit, budgeting/money management, pre-qualifying versus per-approval, upfront cost/moving-insurance-closing, pros and cons of homeownership, choosing the right home, maintenance and equipment needed, insurance/taxes/valuations, and being a good neighbor.

Expenses: $117K

Money management program (aka financial pathways) - provide education services to communities. The curriculum for the attendees includes three 45 minute classes of financial coaching concentration on budgeting, debt and credit.

Expenses: $8K

Financials

FY 2024

Revenue

Contributions & grants$2.4M
Program service revenue$4.5M
Investment income$175K
Other revenue
Total revenue$7.0M

Expenses

Grants paid
Salaries & benefits$690K
Fundraising$10K
Other expenses$4.7M
Total expenses$5.4M
Total assets$18.9M
Net assets$18.0M

People

12 listed

NameRoleCompensation

ROGER NADRCHAL

CEO

Board

$134K

40 hrs/wk

QUELBIN IZAGUIRRE

COO

Board

$108K

40 hrs/wk

KAREN EISENBRAUN

CFO

Board

$100K

40 hrs/wk

SANDY WOLFE

SECRETARY

Board

BRIAN BYWATER

DIRECTOR

Board

JAKE GABLE

DIRECTOR

Board

MITCHELL SCHULTZE

PRESIDENT

Board

MAYRA MENDOZA

DIRECTOR

Board

SANDRO SANDOVAL

DIRECTOR

Board

JOSE GARCIA

DIRECTOR

Board

RICK CHOCHON

VICE PRESIDE

Board

DAN POPPE

TREASURER

Board

Grants received

Showing 13 of 13

FromAmountPurposeYear
$200K
518 HOUSING PROGRAM
2024
$45K
Matching funds to reduce the costs of workforce housing
2024
$35K
PURCHASE/REHAB/RESELL
2023
$25K
HOUSING SUPPORT
2023
$250K
REHAB 20 RURAL HOMES FOR LOW INCOME RESIDENTS
2020
$25K
HOMEOWNERSHIP PROGRAM
2020
$240K
EXPENDABLE GRANTS
2017

Funded by

$2.9M from 6 funders · 13 grants · 2017–2024

Neighborhood Reinvestment Corporation

$2.3M · 7 grants · 2017–2023

The Sunderland Foundation

$250K · 1 grant · 2020

Columbus Community Foundation Inc

$200K · 1 grant · 2024

Nebraska Community Foundation

$50K · 2 grants · 2020–2023

The Sherwood Foundation

$35K · 1 grant · 2023

Details

EIN470783310
NTEE codeL80Z
Subsection03
Ruling date1995-03
Formed1994
Employees7
ELKHORN VALLEY COMMUNITY DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo