Nevada Mining Association Inc
- Assets
- $1.6m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 7
- Location
- Reno, NV
- Founding
- 09/1954
- Data as of
- 12/2021
- EIN
- 88-0038700
Organization Overview
Nevada Mining Association Inc is located in Reno, NV. The organization was established in 1954. According to its NTEE Classification (J99) the organization is classified as: Employment N.E.C., under the broad grouping of Employment and related organizations. As of 12/2021, Nevada Mining Association Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nevada Mining Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Nevada Mining Association Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Nevada Mining Association Inc has awarded 22 individual grants totaling $227,210. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FURTHER THE INTERESTS OF THE MINING INDUSTRY IN NEVADA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN HOUSE OUTREACH - ESTABLISHED TO IMPROVE THE ASSOCIATION'S PUBLIC IMAGE THROUGH ADVERTISEMENTS AND MEDIA EVENTS.
BOARD ACTIVITIES - ESTABLISHED TO PROVIDE PROGRAMS TO FURTHER THE INTEREST OF MINING AND THE MINERAL PROCESSING INDUSTRY IN NEVADA.
PROJECT OUTREACH - PUBLIC RELATIONS PROGRAM TO FURTHER THE INTEREST OF MINING AND THE MINERAL PROCESSING INDUSTRY IN NEVADA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tyre Gray President | Officer | 40 | $519,480 |
Joseph Riney Vice President | 40 | $105,588 | |
Greg Walker Past Chair | OfficerTrustee | 1 | $0 |
Marykaye Cashman Director | OfficerTrustee | 1 | $0 |
Neil Jensen Director | OfficerTrustee | 1 | $0 |
Elaina Ware Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,355,105 |
| Investment income | $525 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$80 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,924,336 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $80,146 |
| 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. | $625,068 |
| Compensation of current officers, directors, key employees. | $62,506 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $284,653 |
| Pension plan accruals and contributions | $90,923 |
| Other employee benefits | $64,022 |
| Payroll taxes | $47,456 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $53,887 |
| Fees for services: Accounting | $28,596 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $359,204 |
| Advertising and promotion | $58,701 |
| Office expenses | $39,225 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $81,103 |
| Travel | $59,575 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $212,819 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,495 |
| Insurance | $10,654 |
| All other expenses | $64,622 |
| Total functional expenses | $2,457,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,582,700 |
| Savings and temporary cash investments | $4,417 |
| Pledges and grants receivable | $0 |
| 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 | $19,629 |
| Net Land, buildings, and equipment | $8,675 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,469 |
| Total assets | $1,620,890 |
| Accounts payable and accrued expenses | $5,824 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $5,824 |
| Net assets without donor restrictions | $900,639 |
| Net assets with donor restrictions | $714,427 |
| 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 | $1,620,890 |
Grants Awarded
Over the last fiscal year, Nevada Mining Association Inc has awarded $61,160 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Henderson, NV PURPOSE: PROVIDE BOOKS TO AT RISK CHILDREN | $22,500 |
Reno, NV PURPOSE: SCHOOL PROGRAMS | $16,000 |
Reno, NV PURPOSE: PRODUCTION OF ANNUAL RENO RODEO AND TO GIVE BACK TO THE COMMUNITY. | $8,750 |
Las Vegas, NV PURPOSE: AFTER SCHOOL PROGRAMS | $7,700 |
Elko, NV PURPOSE: LIFE SKILLS TO CHILDREN | $6,210 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Building Skills Partnership Los Angeles, CA | $7,529,285 | $6,127,811 |
Marine Exchange Of Los Angeles- Long Beach Harbor Inc San Pedro, CA | $4,737,680 | $3,654,522 |
Climb Hire Inc San Jose, CA | $8,148,253 | $7,989,034 |
Southern Nevada Laborers Local 872 Training Trust Las Vegas, NV | $9,210,264 | $3,970,208 |
Nevada Mining Association Inc Reno, NV | $1,620,890 | $2,924,336 |
Merchants Exchange Portland, OR | $1,706,464 | $2,309,174 |
Escrow Agents Fidelity Corporation Of California Los Angeles, CA | $7,303,662 | $1,393,505 |
California Committee To Save Our Jobs Inc El Dorado Hills, CA | $392,446 | $1,031,435 |
Hourglass Project San Luis Obispo, CA | $839,371 | $1,423,022 |
Modi Nochi Beverly Hills, CA | $821,297 | $1,400,075 |
Day Worker Center Of Mountain View Mountain View, CA | $2,297,567 | $799,793 |
Women In Non Traditional Employment Roles Rancho Palos Verdes, CA | $471,841 | $735,662 |