Nevada Realtors
- Assets
- $20.6m
- Revenue
- $6.4m
- Investments
- $0.0
- Employees
- 9
- Location
- Reno, NV
- Founding
- 03/1966
- Data as of
- 12/2021
- 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 12/2021, Nevada Realtors employed 9 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 12/2021, Nevada Realtors generated $6.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $4.0m during the year ending 12/2021. While expenses have increased by 4.1% 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
2021
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
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.
COMMITTEES AND MEETINGS - THE LEGISLATIVE COMMITTEE EMPLOYES A LOBBYIST TO MONITOR INDUSTRY RELATED LEGISLATION AND ISSUES. OTHER COMMITTEES INVOLVE OVER 100 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa Mckee CEO | Officer | 40 | $275,470 |
Becky Blankenburg CFO | Officer | 40 | $139,755 |
Brad Spires President | OfficerTrustee | 1 | $0 |
Doug Mcintyre President Elect | OfficerTrustee | 1 | $0 |
Trevor Smith Treasurer | OfficerTrustee | 1 | $0 |
Thomas Blanchard Vice President | 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 | $5,358,686 |
| Investment income | $268,324 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,689 |
| Net Gain/Loss on Asset Sales | $723,048 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,357,960 |
| 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. | $466,003 |
| Compensation of current officers, directors, key employees. | $343,791 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $191,147 |
| Pension plan accruals and contributions | $10,611 |
| Other employee benefits | $21,908 |
| Payroll taxes | $53,341 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $32,132 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $84,085 |
| 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 | $429,885 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,970 |
| Insurance | $0 |
| All other expenses | $614,054 |
| Total functional expenses | $4,017,839 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $935,327 |
| Savings and temporary cash investments | $4,067,715 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,021 |
| 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 | $235,128 |
| Net Land, buildings, and equipment | $632,353 |
| Investments—publicly traded securities | $14,762,223 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $291 |
| Total assets | $20,648,058 |
| Accounts payable and accrued expenses | $131,006 |
| 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 | $1,588,939 |
| Total liabilities | $1,719,945 |
| Net assets without donor restrictions | $18,928,113 |
| 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 | $20,648,058 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cascade Housing Association Springfield, OR | $88,351,612 | $13,257,660 |
Building Industry Association Of Southern California Inc Irvine, CA | $6,476,815 | $6,103,391 |
West And Southeast Realtors Of The Valley Inc Chandler, AZ | $16,716,149 | $4,817,480 |
Nevada Realtors Reno, NV | $20,648,058 | $6,357,960 |
Western Manufactured Housing Communities Association Sacramento, CA | $5,450,314 | $3,609,962 |
Metro Multifamily Housing Association Tigard, OR | $453,346 | $2,561,856 |
Arizona Multi-Housing Association Phoenix, AZ | $5,772,889 | $3,833,501 |
Oregon Association Of Realtors Salem, OR | $11,114,109 | $4,667,767 |
Home Builders Association Of Utah Draper, UT | $4,082,547 | $3,740,603 |
Utah Central Association Of Realtor Orem, UT | $14,924,046 | $2,344,429 |
Electric League Of Arizona Phoenix, AZ | $2,581,504 | $1,627,774 |
Southern California Association Of Non-Profit Housing Inc Los Angeles, CA | $1,991,409 | $1,821,513 |