Southern Nevada Transit Coalition
- Assets
- $4.9m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 83
- Location
- Laughlin, NV
- Founding
- 04/2004
- Data as of
- 09/2023
- EIN
- 16-1622853
Organization Overview
Southern Nevada Transit Coalition is located in Laughlin, NV. The organization was established in 2004. According to its NTEE Classification (W40) the organization is classified as: Public Transportation Systems, under the broad grouping of Public & Societal Benefit and related organizations. As of 09/2023, Southern Nevada Transit Coalition employed 83 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Nevada Transit 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 09/2023, Southern Nevada Transit Coalition generated $4.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $5.1m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE TRANSIT SERVICES IN RURAL SOUTHERN NEVADA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE TRANSIT SERVICES IN RURAL SOUTHERN NEVADA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Shawn Vice-Chair | OfficerTrustee | 1 | $0 |
Mark Moskowitz Treasurer | OfficerTrustee | 1 | $0 |
Meggan Holzer Secretary | OfficerTrustee | 1 | $0 |
Steve Clutterham Director | Trustee | 1 | $0 |
Peggy Leavitt Director | Trustee | 1 | $0 |
Mike Jackson Executive Di | Officer | 40 | $206,806 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,361,242 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,141 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,408,383 |
| Total Program Service Revenue | $329,474 |
| 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 | $4,737,857 |
| 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. | $206,806 |
| Compensation of current officers, directors, key employees. | $13,112 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,214,297 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $374,240 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,500 |
| Advertising and promotion | $18,694 |
| Office expenses | $37,579 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $85,180 |
| Travel | $15,446 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $416,391 |
| Insurance | $827,595 |
| All other expenses | $40,059 |
| Total functional expenses | $5,102,212 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,887 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $882,525 |
| Accounts receivable, net | $0 |
| 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 | $6,600 |
| Net Land, buildings, and equipment | $3,939,090 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,398 |
| Total assets | $4,855,500 |
| Accounts payable and accrued expenses | $137,086 |
| Grants payable | $0 |
| Deferred revenue | $3,812 |
| 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 | $19,391 |
| Total liabilities | $160,289 |
| Net assets without donor restrictions | $4,695,211 |
| Net assets with donor restrictions | $0 |
| 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 | $4,855,500 |