2025-11-05T18:58:25-06:00 2024-12-31 943108253 NOVOGRADAC & COMPANY LLP PO BOX 7833 SAN FRANCISCO CA 941207833 990 2024-01-01 841247057 NEVADA HAND INC NEVA 7027393345 9121 W RUSSELL RD 219 LAS VEGAS NV 89148 MEGAN SCHIMICK CFO 7027393345 2025-11-05 1 0 MICHAEL MORRISON P00162423 4153568000 2024 2025-03-06 01:10:19Z MEGAN SCHIMICK 9121 W RUSSELL RD 219 LAS VEGAS NV 89148 5136904 0 8307 X WWW.NEVADAHAND.ORG X 1993 NV NEVADA H.A.N.D., INC. DEVELOPS AFFORDABLE HOUSING FOR SENIORS, FAMILIES WITH LOW TO MODERATE INCOMES. NEVADA H.A.N.D., INC. ALSO PROVIDES RESIDENT SERVICES TO COMMUNITIES OWNED OR OPERATED BY THE ORGANIZATION. 13 13 76 0 0 0 1424307 1390431 2513764 2578573 0 0 607922 1167900 4545993 5136904 0 0 0 0 5743034 6414630 0 0 425776 2621389 2725345 8364423 9139975 -3818430 -4003071 85767134 93820081 74141304 86197322 11625830 7622759 NEVADA H.A.N.D., INC. IS A NONPROFIT ENTITY THAT DEVELOPS AFFORDABLE HOUSING FOR SENIORS AND FAMILIES WITH LOW TO MODERATE INCOMES. NEVADA H.A.N.D., INC. ALSO PROVIDES RESIDENT SERVICES TO COMMUNITIES OWNED OR OPERATED BY THE ORGAINIZATION. 0 0 542779 2325980 MANAGED THE DEVELOPMENT OF VARIOUS PROJECTS WHICH WILL PROVIDE HOME OWNERSHIP OPPORTUNITIES TO LOW TO MODERATE INCOME INDIVIDUALS, SENIORS, AND FAMILIES. 2453475 847652 252593 WORKED TO ENSURE THAT OUR RESIDENTS RECEIVE APPROPRIATE SERVICES BY COORDINATING WITH SOCIAL SERVICES AND NONPROFIT AGENCIES ON SUCH ACTIVITIES AS PROVIDING OPPORTUNITIES FOR FINANCIAL EMPOWERMENT AND ENHANCED QUALITY OF LIFE. 1167900 THE ORGANIZATION OFFERS AN AFFORDABLE RENTAL PROGRAM TO INDIVIDUALS, SENIORS, AND FAMILIES WHO ARE CONSIDERED LOW OR MODERATE-INCOME. THE ORGANIZATION PROVIDES HOUSING AT A LOW MONTHLY RENT. 2453475 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 30 0 1 76 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X MEGAN SCHIMICK 7027393345 9121 W RUSSELL RD 219 LAS VEGAS NV 89148 TERRY SHIREY BOARD MEMBER 0.80 X 0 0 0 EARLINE LOVELACE SECRETARY 0.80 X 0 0 0 SARAH ODIA TREASURER 0.80 X 0 0 0 EDMUND NG VICE CHAIRMAN 0.80 X 0 0 0 SAM LOYA BOARD MEMBER 0.80 X 0 0 0 BRADLEY BARRIE BOARD MEMBER 0.80 X 0 0 0 MARIE WILSON BOARD MEMBER 0.80 X 0 0 0 CYNTHIA TAVARES BOARD MEMBER 0.80 X 0 0 0 ERIC HORN BOARD MEMBER 0.80 X 0 0 0 BOB WHITE BOARD MEMBER 0.80 X 0 0 0 GREG MCKINLEY CHAIRMAN 0.80 X 0 0 0 ELOIZA MARTINEZ BOARD MEMBER 0.80 X 0 0 0 ROY EWING BOARD MEMBER 0.80 X 0 0 0 AUDRA HAMERNIK PRESIDENT AND CEO 45.00 X 577068 0 27755 TIMOTHY VEENSTRA COO 45.00 X 394254 0 25822 MEGAN SCHIMICK CFO 45.00 X 401510 0 13315 RALPH MURPHY SENIOR VP OF DEVELOPMENT 45.00 X 288125 0 19768 TRACY WORTHAM VP OF HUMAN RESOURCES 45.00 X 254661 0 24262 KATHALENE CARPENTER VP OF ASSET MANAGEMENT 45.00 X 254921 0 16487 WALDON SWENSON VP OF CORPORATE AFFAIRS 45.00 X 260981 0 21663 KRISTIN FRIEDLI CONTROLLER 45.00 X 209020 0 18795 DAIGO ISHIKAWA DIRECTOR OF REAL ESTATE DE 45.00 X 158971 0 14917 ANDREW KILDUFF DIRECTOR OF REAL ESTATE DE 45.00 X 155625 0 8565 APRIL DEANE ASSISTANT CONTROLLER 45.00 X 133682 0 13817 3088818 0 205166 11 0 1 0 JASCO TECHNOLOGY LLC 3070 W POST ROAD LAS VEGAS NV 89118 IT SERVICES 178115 1 784612 542779 63040 63040 1390431 INTEREST INCOME 531110 2325980 2325980 PROGRAM SERVICE FEE 531110 252593 252593 2578573 OTHER INCOME 531110 1167900 436154 731746 1167900 5136904 3014727 0 731746 3293984 3293984 2021718 1675453 50902 295363 763362 353487 367105 42770 335566 130738 182234 22594 240118 1211 238907 16155 16155 75151 75151 144032 91650 52382 23130 23130 771288 771288 54044 10475 43569 8000 8000 93111 93111 113150 37850 75300 COMPUTER 384392 12632 371760 OFFICE SUPPLIES 244711 146630 98081 SUPPLIES - IN KIND DONA 63040 7724 42650 12666 DONATIONS 62008 62008 433015 77275 355739 1 9139975 2453475 6260724 425776 6978831 5293047 1978552 1993100 98432 91366 54131174 55342796 412554 672841 1019532 536564 354867 482968 21812724 26313104 0 3630859 85767134 93820081 719941 1112424 1941882 1891363 71479481 82810279 0 383256 74141304 86197322 X -34864822 -38524280 46490652 46147039 11625830 7622759 85767134 93820081 -4003071 0 X 0 1 X 1 1 1 X 2504917 1614399 1341714 1424307 1390431 8275768 240863 1272188 538329 247053 252593 2551026 2099415 10677239 1852665 2296986 2762134 19688439 4845195 13563826 3732708 3968346 4405158 30515233 0 0 0 30515233 -19574 -4964 834368 577647 731746 2119223 -19574 -4964 834368 577647 731746 2119223 4825621 13558862 4567076 4545993 5136904 32634456 0.93510 0.95910 0.06490 0.04090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 112119 17201 94918 907413 519363 388050 482968 INVESTMENTS IN PARTNERSHIPS 13848705 C INVESTMENT IN US TREASURY AND FUNDS 12464399 F 26313104 CURRENT PORTION OF RIGHT-OF-USE OPERATING LEASE LIABILITY 383256 383256 X 5136904 0 5136904 0 5136904 9139975 0 9139975 0 9139975 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). FOR INTERNAL REVENUE SERVICE PURPOSES, NEVADA H.A.N.D., INC. IS THE PARENT COMPANY. THE AFFILIATES EACH MAINTAIN A SEPARATE TAXPAYER IDENTIFICATION NUMBER BUT ARE JOINED TOGETHER BY A GROUP EXEMPTION NUMBER ISSUED BY THE INTERNAL REVENUE SERVICE. HAND FP CORPORATION IS NOT PART OF THE GROUP EXEMPTION SINCE IT IS A FOR-PROFIT ENTITY. ACTIVITIES UNRELATED TO THE MISSION OF NEVADA H.A.N.D., INC. AND ITS AFFILIATES COULD RESULT IN UNRELATED BUSINESS INCOME TAX LIABILITY. THERE WAS NO ACTIVITY THAT WOULD RESULT IN UNRELATED BUSINESS INCOME DURING THE YEAR ENDED DECEMBER 31, 2024. INCOME TAXES ON PARTNERSHIP INCOME ARE LEVIED ON THE PARTNERS IN THEIR INDIVIDUAL CAPACITY. ACCORDINGLY, ALL PROFITS AND LOSSES OF THE OPERATING ENTITIES ARE RECOGNIZED BY EACH PARTNER ON ITS RESPECTIVE TAX RETURN. THE PREPARATION OF THE FINANCIAL STATEMENTS IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE ORGANIZATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE ORGANIZATION. THE ORGANIZATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAVE MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE POSITIONS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAX AUTHORITIES WERE RECORDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. X X X 0 0 0 0 0 0 0 0 0 AUDRA HAMERNIK PRESIDENT AND CEO 411205 0 165863 0 0 0 13800 0 13955 0 604823 0 0 0 TIMOTHY VEENSTRA COO 292421 0 101833 0 0 0 11963 0 13859 0 420076 0 0 0 MEGAN SCHIMICK CFO 301468 0 100042 0 0 0 11969 0 1346 0 414825 0 0 0 RALPH MURPHY SENIOR VP OF DEVELOPMENT 225088 0 63037 0 0 0 11408 0 8360 0 307893 0 0 0 WALDON SWENSON VP OF CORPORATE AFFAIRS 212101 0 48880 0 0 0 9238 0 12425 0 282644 0 0 0 TRACY WORTHAM VP OF HUMAN RESOURCES 208497 0 46164 0 0 0 10403 0 13859 0 278923 0 0 0 KATHALENE CARPENTER VP OF ASSET MANAGEMENT 208034 0 46887 0 0 0 7657 0 8830 0 271408 0 0 0 KRISTIN FRIEDLI CONTROLLER 179411 0 29609 0 0 0 8547 0 10248 0 227815 0 0 0 DAIGO ISHIKAWA DIRECTOR OF REAL ESTATE DE 144342 0 14629 0 0 0 6392 0 8525 0 173888 0 0 0 ANDREW KILDUFF DIRECTOR OF REAL ESTATE DE 155625 0 0 0 0 0 0 0 8565 0 164190 0 0 0 X GOOGLE ADS 12 37030 COST X BLOCK PARTY - FENCING 1 5363 COST 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS MADE AVAILABLE TO THE BOARD OF DIRECTORS AND ALL QUESTIONS AND CONCERNS WERE DIRECTED TO MEGAN SCHIMICK. FORM 990, PART VI, SECTION B, LINE 12C NEVADA H.A.N.D., INC. EMPLOYEES ANNUALLY READ AND ACKNOWLEDGE THE CONFLICTS POLICY. FORM 990, PART VI, SECTION B, LINE 15 NEVADA H.A.N.D., INC. HIRED AN INDEPENDENT COMPENSATION CONSULTANT WHO PREPARED A REVIEW AND ANALYSIS OF THE KEY POSITIONS AND OFFICERS. COMPENSATION REPORT WAS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AND COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. HAND CONSTRUCTION COMPANY 9121 W RUSSELL RD 219 LAS VEGAS NV 89148 900180263 CONSTRUCTS AFFORDABLE HSG FOR SENIORS, FAMILIES W/ LOW TO MODERATE INCOMES NV SECTION 501(C)(3) 509(A)(3) TYPE I NEVADA HAND INC 0 HAND DEVELOPMENT GROUP 9121 W RUSSELL RD 219 LAS VEGAS NV 89148 900180263 ORGANIZED FOR THE PREDEVELOPMENT AND SALES OF A LOW-MODERATE FAMILY HSG NV SECTION 501(C)(3) 509(A)(3) TYPE I NEVADA HAND INC 0 HAND DEVELOPMENT COMPANY 9121 W RUSSELL RD 219 LAS VEGAS NV 89148 900180263 ORGANIZED FOR THE DEVELOPMENT OF IRC 42, LOW-MODERATE INCOME HSG PROJECTS NV SECTION 501(C)(3) 509(A)(3) TYPE I NEVADA HAND INC 0 HAND ENTERPRISES INC 9121 W RUSSELL RD 219 LAS VEGAS NV 89148 900180263 ORGANIZED TO BE A GENERAL PARTNER OF CERTAIN AFFORDABLE HSG PSHIPS NV SECTION 501(C)(3) 509(A)(3) TYPE I NEVADA HAND INC 0 HAND PROPERTY MANAGEMENT INC 9121 W RUSSELL RD 219 LAS VEGAS NV 89148 900180263 ORGANIZED TO MANAGE LOW-MODERATE INCOME HSG NV SECTION 501(C)(3) 509(A)(3) TYPE I NEVADA HAND INC 0 HAND PROPERTY HOLDING COMPANY 9121 W RUSSELL RD 219 LAS VEGAS NV 89148 900180263 ORGANIZED TO SUPPORT AND CARRY OUT CHARITABLE PURPOSES NV SECTION 501(C)(3) 509(A)(3) TYPE I NEVADA HAND INC 0 HAND FINANCE COMPANY 9121 W RUSSELL RD 219 LAS VEGAS NV 89148 900180263 ORGANIZED TO SUPPORT AND CARRY OUT CHARITABLE PURPOSES NV SECTION 501(C)(3) 509(A)(3) TYPE I NEVADA HAND INC 0 HAND KP2 HOLDING COMPANY 9121 W RUSSELL RD 219 LAS VEGAS NV 89148 900180263 ORGANIZED FOR THE DEVELOPMENT OF IRC 42, LOW-MODERATE INCOME HSG PROJECTS NV SECTION 501(C)(3) 509(A)(3) TYPE I NEVADA HAND INC 0 HAND SENIOR LIVING COMPANY 9121 W RUSSELL RD 219 LAS VEGAS NV 89148 455573262 ORGANIZED TO SUPPORT AND CARRY OUT CHARITABLE PURPOSES NV SECTION 501(C)(3) 509(A)(3) TYPE I NEVADA HAND INC 0 SILVER SKY ASSISTED LIVING LLC 33 UNION STREET BOSTON MA 02108 161713633 LOW INCOME HOUSING MA N/A INVESTMENT -394888 4585319 0 0 0.50000 LAS VEGAS HOUSING PARTNERS LIMITED PARTNERSHIP 9121 W RUSSELL RD 219 LAS VEGAS NV 89148 880333933 LOW INCOME HOUSING NV N/A INVESTMENT 1894 0 1 0.00500 MOJAVE HOUSING LIMITED PARTNERSHIP 9121 W RUSSELL RD 219 LAS VEGAS NV 89148 931210247 LOW INCOME HOUSING NV N/A INVESTMENT 422 0 1 0.01000 HENDERSON HOUSING PARTNERS LLC 9121 W RUSSELL RD 219 LAS VEGAS NV 89148 650872911 LOW INCOME HOUSING NV N/A INVESTMENT 2647 0 1 0.01000 SILVER SKY ASSISTED LIVING A NEVADA LP 33 UNION STREET BOSTON MA 02108 431998903 LOW INCOME HOUSING MA N/A INVESTMENT 0 0 0.99990 SOUTHERN PINES LP 9121 W RUSSELL RD 219 LAS VEGAS NV 89148 920671969 LOW INCOME HOUSING NV N/A INVESTMENT 0 0 SOUTHERN PINES 2 LP 9121 W RUSSELL RD 219 LAS VEGAS NV 89148 933107991 LOW INCOME HOUSING NV N/A INVESTMENT 0 0 HAND F-P CORPORATION 9121 W RUSSELL RD 219 LAS VEGAS NV 89148 880449685 ORGANIZED TO BE A SPECIAL LIMITED PARTNER OF CERTAIN AFFORDABLE HSG PSHIPS NV NEVADA HAND INC C -2742 300 1.00000 0 1 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 PEARSON PINES 2 D 200000 LOAN AGREEMENT 501 NORTH LAMB 2 S 75566 NET CASH WATERFALL PER AGREEMENT HORIZON PINES LP S 84551 NET CASH WATERFALL PER AGREEMENT ANNABELLE PINES LP S 243662 NET CASH WATERFALL PER AGREEMENT FLAMINGO PINES 3 S 133986 NET CASH WATERFALL PER AGREEMENT SIERRA PINES LP S 233700 NET CASH WATERFALL PER AGREEMENT VERA JOHNSON B LP L 60627 ACCRUAL CAPISTRANO PINES L 45865 ACCRUAL APACHE PINES L 56569 ACCRUAL NEVADA HAND Q 326977 ACCRUAL ANNABELLE PINES A 20720 LOAN AGREEMENT APACHE PINES A 67095 LOAN AGREEMENT BOULDER PINES A 117429 LOAN AGREEMENT HARMON PINES A 75416 LOAN AGREEMENT BONANZA PINES III A 188666 LOAN AGREEMENT BOULDER PINES 2 A 81256 LOAN AGREEMENT CAPISTRANO PINES A 701 LOAN AGREEMENT DECATUR PINES 2 A 93775 LOAN AGREEMENT DECATUR PINES A 197756 LOAN AGREEMENT DECATUR & ALTA LP A 40349 LOAN AGREEMENT DEER SPRINGS ASSISTED LIVING A 5507 LOAN AGREEMENT FLAMINGO PINES A 117508 LOAN AGREEMENT FLAMINGO PINES 2 A 80487 LOAN AGREEMENT FLAMINGO PINES 3 A 3924 LOAN AGREEMENT HARRISON PINES III A 13801 LOAN AGREEMENT HARRISON PINES A 44185 LOAN AGREEMENT HORIZON PINES A 1006 LOAN AGREEMENT 501 NORTH LAMB (CORDERO PINES) A 117874 LOAN AGREEMENT 501 NORTH LAMB 2 (CORDERO PINES 2) A 4730 LOAN AGREEMENT PACIFIC PINES II A 21671 LOAN AGREEMENT PACIFIC PINES III A 79417 LOAN AGREEMENT PACIFIC PINES 4 A 121015 LOAN AGREEMENT PACIFIC PINES A 11526 LOAN AGREEMENT PEARSON PINES 2 A 10729 LOAN AGREEMENT SIERRA PINES A 14183 LOAN AGREEMENT STEWART PINES A 42691 LOAN AGREEMENT STEWART PINES II A 57394 LOAN AGREEMENT STEWART PINES III A 93887 LOAN AGREEMENT SOUTH ROME (ROME PINES SENIOR) A 25120 LOAN AGREEMENT SKY VIEW PINES A 22161 LOAN AGREEMENT TROPICAL PINES A 25617 LOAN AGREEMENT VERA JOHNSON B LP A 50672 LOAN AGREEMENT WESTCLIFF PINES 2 A 244048 LOAN AGREEMENT WESTCLIFF PINES 3 A 43651 LOAN AGREEMENT WESCLIFF HEIGHTS A 30945 LOAN AGREEMENT WESTCLIFF PINES A 116024 LOAN AGREEMENT