RURAL INVESTMENT CORPORATION | CENTER FOR RURAL AFFAIRS
LYONS, NE | Burt County
Economic Development
Overview
RURAL INVESTMENT CORPORATION | CENTER FOR RURAL AFFAIRS
47-0796719
145 MAIN STREET
LYONS, NE 68038
Burt County
LYONS, NE 68038
Burt County
Mission Statement
This nonprofit has not reported a mission statement.
CRA Category
- Economic Development
Nonprofit location
- FFIEC Distressed Area
- FFIEC Underserved Area
Awards & Certifications
- CDFI Organization
- CDFI Award Recipient
Founded
Not reported
Total Employees
Not reported
Total Volunteers
Not reported
Nonprofit Classification (NTEE Code)
C32
C - Environmental Quality Protections, Beautification
Water Resources, Wetlands Conservation and Management
Organizations that preserve and protect water resources from indiscriminate waste and ensure that the supply of quality water is adequate to meet the needs of the public, agriculture and industry. Also included are organizations that preserve and manage coastal lands including shorelines, coastal waters and lands extending inland from the shore which affect coastal waters; bays, lakes, rivers, wetlands, estuaries, watersheds and other aquatic habitats.
IRS Activity Codes
353
Soil or water conservation
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code)
813312
Environment, Conservation and Wildlife Organizations
CRA Alignment
CRA Category
Economic Development
Workforce development, job training, and small business or startup support.
What does it mean for a nonprofit to be CRA aligned?
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then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications
Community Development Financial Institution
Date Certified
10/25/2013
Native American CDFI
N
Financial Institution Type
Loan Fund
Community Development Financial Institution Award Recipient
New Market Tax Credit Recipient
| Year | Amount | Program | Awardee Name |
| 2017 | $665,000 | CDFI Financial Assistance | Center for Rural Affairs Community Capital |
| 2018 | $600,000 | CDFI Financial Assistance | Center for Rural Affairs Community Capital |
| 2019 | $275,000 | CDFI Financial Assistance | Center for Rural Affairs Community Capital |
| 2020 | $557,000 | CDFI Financial Assistance | Center for Rural Affairs Community Capital |
| 2021 | $556,000 | CDFI Rapid Response Program (COVID-19) | Center for Rural Affairs Community Capital |
| 2015 | $123,044 | CDFI Technical Assistance | Center for Rural Affairs Community Capital |
Includes CDFI Fund awards granted between January 2013 and December 2023
HUD Counseling Agency
Low Income Housing Tax Credit Recipient
IRS Summary
Income
$2.1M
Revenue
$2.1M
Assets
$12.2M
IRS Business Master File Details
As of Oct 2023
Exempt Ruling Date
1997-01
Deductibility Status
Deductible
Last Tax Filing
2022
Organization Type
Corporation
Organization Tax Filing Status
990 (all other) or 990EZ return
Foundation Tax Filing Status
990-PF not required by IRS
Affiliation Classification
Independent Organization
Basis for Foundation/Public Charity Status
509(a)(3) Type I
IRS Publication 78 Details
As of Nov 2023
Verified in Publication 78
Yes
Deductibility Limitation
50% (60% for cash contributions)
Organization Description
A type 1, type 2 or functionally integrated type 3 supporting organization
IRS Form 990 Returns
Through August 2023
Tax period ending in
2018-08
Nonprofit Location
Physical Address
145 MAIN STREET
LYONS, NE 68038
Burt County
LYONS, NE 68038
Burt County
Area Type
Not in a Metropolitan or Micropolitan Statistical Area
FIPS Geocoded Address
NA
MSA/MD
31
State
021
County
9634.00
Tract
Middle
Income Level
Core-Based Statistical Area
Not located in a CBSA.
Combined Statistical Area
Not located in a CSA.
Metropolitan Division
Not located in an MD.
Located In
Low- or Moderate-Income Census Tract
Opportunity Zone
Majority Minority Census Tract
9.39%
FFIEC Designated Distressed Census Tract
- Population Loss
FFIEC Underserved Census Tract
- Remote Rural
Market Data
| Census Tract | County | |
|---|---|---|
| 9634.00 | Burt County | |
| Population | ||
| Total Population | 1,948 | 6,705 |
| Total Households | 907 | 2,790 |
| Income | ||
| Median Family Income (Census*) | $69,583 | $55,769 |
| Median Family Income (2022 FFIEC est.) | $80,900 | $80,900 |
| Tract Income Percentage | 97.42% | N/A |
| Below Poverty Level | 13.7% | 13.5% |
| Unemployment Level | 3.7% | 4.2% |
| Housing | ||
| Total Housing Units | 1,141 | 3,359 |
| Total Owner-Occupied Units | 60.8% | 78.5% |
| Total Renter-Occupied Units | 18.7% | 21.5% |
| Total Vacant Units | 20.5% | 10.1% |
* Census tract income based on 2020 Census estimated data; County income based on 2021 American Community Survey data.
Management
6
Total Voting Members
in Governing Body
in Governing Body
6
Independent Voting Members
in Governing Body
in Governing Body
Tax Filing Signatory
Michael Bride
(402) 687-2103
(402) 687-2103
Principal Officer
Brian Depew
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations
Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2022-08.
A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.
This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.
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