NEVADA HEALTH AND BIOSCIENCE ASSET CORPORATION

As filed

Subsection

03

NTEE code

B11

Classification

2000

Street

411 E BONNEVILLE AVE SUITE 40

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• In 2024, NHBC advanced Nevada's academic health infrastructure and medical education programs. In partnership with UNLV, NHBC operated the LEED Silvercertified Kirk Kerkorian Medical Education Building, earning an AIA Design Honor Award, and funding $338,400 in capital improvements and energy optimization. NHBC committed over $3 million to launch an Ophthalmology Residency program and worked with UNLV to continue assessing programs to address physician shortages. NHBC also led development of the fully funded, 34,000-sq.-ft. Southern Nevada Academic Health Laboratory, supported by $35M in State ARPA funds and $9M from the City of Las Vegas, is scheduled for completion in Q4 2026. These efforts expand graduate medical education capacity, improve facility performance, and strengthen Nevada's healthcare workforce.Kirk Kerkorian Medical Education Building Operations:In partnership with UNLV, NHBC operated the LEED Silvercertified Kirk Kerkorian Medical Education Building, earning an AIA Design Honor Award, and funding $338,400 for capital improvements and energy optimization projects. These efforts improved facility performance, sustainability, and student learning environments.Graduate Medical Education (GME) Expansion:NHBC committed over $3 million to expand GME programs, launching an Ophthalmology Residency in partnership with Nevada Vision Foundation, and worked with UNLV to continue assessing programs to address physician shortages.. These initiatives address statewide physician shortages and strengthen Nevada's medical education pipeline.Southern Nevada Academic Health Laboratory Development:NHBC led the development of a fully funded, 34,000-sq.-ft. health laboratory to serve as a regional diagnostic center, academic training site, and donor blood bank. Supported by $35 million in State ARPA funds and $9 million from the City of Las Vegas, the project remains on schedule for completion in Q4 2026, enhancing healthcare capacity and emergency preparedness.

  Expenses $7,816,964

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $5,377,076

  Expenses

  $8,703,545

  Contributions

  $3,244,985

  Grants paid

  $0

• 2023

  Revenue

  $12,613,457

  Expenses

  $4,551,119

  Contributions

  $11,083,348

  Grants paid

  $270,400

• 2022

  Revenue

  $41,321,073

  Expenses

  $1,003,247

  Contributions

  $41,034,287

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $78,465,577

  Expenses

  $944,776

  Assets (EOY)

  $118,921,331

• 2021 · 990

  Revenue

  $78,465,577

  Expenses

  $944,776

  Assets (EOY)

  $133,437,634

• 2020 · 990

  Revenue

  $39,602,034

  Expenses

  $829,172

  Assets (EOY)

  $40,093,764

• 2019 · 990-EZ

  Revenue

  $0

  Expenses

  $0

  Assets (EOY)

  $0

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

• Nevada Vision Foundation

  $250,400

  2023 · General Charitable Purposes

• The Behavioral Health Association of Nevada

  $20,000

  2023 · General Charitable Purposes

Where these grants went next →

Grants received

• NEVADA COMMUNITY FOUNDATION INC

  $200,000

  2022 · CHARITABLE

• NEVADA COMMUNITY FOUNDATION INC

  $178,000

  2023 · CHARITABLE

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files