Nevada Realtors
- Assets
- $17.2m
- Revenue
- $5.8m
- Investments
- $0.0
- Employees
- 8
- Location
- Reno, NV
- Founding
- 03/1966
- Data as of
- 12/2022
- EIN
- 88-0117651
Organization Overview
Nevada Realtors is located in Reno, NV. The organization was established in 1966. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Nevada Realtors employed 8 individuals. This organization is the central organization for a national or regional group of organizations. Nevada Realtors 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 12/2022, Nevada Realtors generated $5.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $6.6m during the year ending 12/2022. While expenses have increased by 11.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROTECT PRIVATE PROPERTY RIGHTS AND ENHANCE THE SUCCESS AND PROFITABILITY OF THE REAL ESTATE PROFESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMITTEES AND MEETINGS - THE LEGISLATIVE COMMITTEE EMPLOYES A LOBBYIST TO MONITOR INDUSTRY RELATED LEGISLATION AND ISSUES. OTHER COMMITTEES INVOLVE OVER 100 MEMBERS.
GOVERNMENT AFFAIRS DIRECTORS - SUPPORT OF GOVERNMENT AFFAIRS DIRECTORS WHO WORK DIRECTLY WITH LOCAL REAL ESTATE BOARDS.
MEMBERSHIP SERVICES - STAFF SERVICES BENEFITING MEMBERSHIP AT LARGE INCLUDING CONTRIBUTIONS AND AWARDS TO MEMBERS AND STATE LOCAL ASSOCIATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Mcintyre Nvr President | OfficerTrustee | 1 | $0 |
Brad Spires Nvr Past President | OfficerTrustee | 1 | $0 |
Trevor Smith Nvr Vice President | OfficerTrustee | 1 | $0 |
Thomas Blanchard Nvr President Elect | OfficerTrustee | 1 | $0 |
Marcella Syme Nvr Treasurer | OfficerTrustee | 1 | $0 |
Alexander Kimberly Director | Trustee | 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 | $5,471,662 |
| Investment income | $310,248 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $31,672 |
| Net Gain/Loss on Asset Sales | $32,204 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,847,005 |
| 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. | $531,198 |
| Compensation of current officers, directors, key employees. | $392,278 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $163,839 |
| Pension plan accruals and contributions | $9,830 |
| Other employee benefits | $35,338 |
| Payroll taxes | $55,424 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,720 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $81,376 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $769,402 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,471 |
| Insurance | $0 |
| All other expenses | $607,303 |
| Total functional expenses | $6,618,182 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $822,185 |
| Savings and temporary cash investments | $2,799,202 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $37,329 |
| 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 | $577,773 |
| Net Land, buildings, and equipment | $613,429 |
| Investments—publicly traded securities | $12,356,381 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $291 |
| Total assets | $17,206,590 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,733,632 |
| Total liabilities | $1,733,632 |
| Net assets without donor restrictions | $15,472,958 |
| 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 | $17,206,590 |