Nevada Partners Inc
- Assets
- $9.9m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 27
- Location
- North Las Vegas, NV
- Founding
- 11/2019
- Data as of
- 12/2020
- EIN
- 88-0291463
Organization Overview
Nevada Partners Inc is located in North Las Vegas, NV. The organization was established in 2019. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2020, Nevada Partners Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nevada Partners Inc 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 12/2020, Nevada Partners Inc generated $2.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $4.1m during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
NEVADA PARTNERS' MISSION IS TO BUILD A HEALTHY, SUSTAINABLE COMMUNITY WHERE ALL RESIDENTS ACHIEVE THEIR FULL POTENTIAL THROUGH EFFECTIVE EDUCATION, MEANINGFUL EMPLOYMENT, AND VIBRANT CIVIC AND CULTURAL ENGAGEMENT.SEE SCHEDULE O FOR CONTINUANCE OF MISSION DESCRIPTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAP PROGRAM FOR RENTAL AND UTILITY ASSISTANCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica Ford Ceo/president | Officer | 40 | $154,877 |
Joann Arguello Director Of Finance | Trustee | 40 | $80,000 |
Lizette Guillem Director Of Administration & Operations | Trustee | 40 | $70,000 |
Yvette Thomas Human Resources Director | Trustee | 40 | $63,976 |
Ashanti Lewis Wlvpn Director | Trustee | 40 | $62,500 |
Eric Chavez Housing Director | Trustee | 40 | $58,500 |
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 | $2,557,424 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,557,424 |
| Total Program Service Revenue | $0 |
| 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 | $2,557,424 |
| 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. | $489,853 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $474,022 |
| Pension plan accruals and contributions | $42,922 |
| Other employee benefits | $160,965 |
| Payroll taxes | $83,498 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $46,134 |
| Fees for services: Accounting | $21,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,574 |
| Advertising and promotion | $19,753 |
| Office expenses | $0 |
| Information technology | $21,218 |
| Royalties | $0 |
| Occupancy | $20,556 |
| Travel | $10,625 |
| 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 | $418,069 |
| Insurance | $29,629 |
| All other expenses | $394,694 |
| Total functional expenses | $4,144,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,293,925 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $660,812 |
| 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 | $18,759 |
| Net Land, buildings, and equipment | $7,936,584 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,910,080 |
| Accounts payable and accrued expenses | $1,109,491 |
| 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 | $1,183,483 |
| Other liabilities | $295,691 |
| Total liabilities | $2,588,665 |
| Net assets without donor restrictions | $7,321,415 |
| 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 | $9,910,080 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nevada Partners Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Esther Gordy Bullock Edwards Foundation Southfield, MI PURPOSE: GENERAL SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carpenters Apprenticeship And Training Tr Fund For No Calif Oakland, CA | $171,540,821 | $34,465,200 |
Apprentice & Journeyman Trg Tr Fund Of So Ca Plmg Htg & Piping Indus Van Nuys, CA | $88,595,623 | $30,355,714 |
San Jose Conservation Corps San Jose, CA | $19,791,055 | $20,498,462 |
Ubc National Job Corps Training Fund Inc Las Vegas, NV | $4,409,802 | $17,106,276 |
Operating Engineers And Participating Employers Pre-Appren Alameda, CA | $54,508,711 | $21,288,899 |
Tehama County Opportunity Center Inc Red Bluff, CA | $4,972,535 | $13,091,627 |
Los Angeles Electrical Joint Apprenticeship & Educational Train City of Commerce, CA | $32,592,862 | $16,750,183 |
Downtown Streets Inc San Jose, CA | $3,579,891 | $11,604,871 |
Sheet Metal Workers 104 & Bay Area Industry Training Fund Livermore, CA | $46,216,539 | $11,273,871 |
Apprenticeship & Training Trust Fund Ua Local 342 Concord, CA | $41,675,509 | $8,305,239 |
Northwest Youth Corps Eugene, OR | $6,403,565 | $10,014,381 |
Uaw-Labor Employment And Training Corporation Cerritos, CA | $10,535,605 | $8,720,083 |