Sierra Nevada Realtors is located in Reno, NV. The organization was established in 2005. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Sierra Nevada Realtors employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sierra 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, Sierra Nevada Realtors generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 5.8% per year over the past 8 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 PROVIDE UNITED MEDIUM TO THOSE ENGAGED IN THE REAL ESTATE PROFESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO UNITE THOSE ENGAGED IN THE RECOGNIZED BRANCHES OF THE REAL ESTATE PROFESSION FOR THE PURPOSE OF EXERTING A BENEFICIAL INFLUENCE UPON THE PROFESSION AND RELATED INTERESTS BY PROMOTING AND MAINTAINING HIGH STANDARDS OF CONDUCT, PROVIDING A UNIFIED MEDIUM FOR REAL ESTATE OWNERS, AND TO FURTHER THE INTERESTS OF HOME AND OTHER REAL PROPERTY OWNERSHIP.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matthew Swanson Nnrmls Trustee Director | Trustee | 10 | $0 |
Joe Reisenauer Fernley Director | Trustee | 10 | $0 |
Shelley Dougherty Director | Trustee | 10 | $0 |
Eric Crosby Director | Trustee | 10 | $0 |
Jessica Hodges Director | Trustee | 10 | $0 |
Beau Keenan Director | Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $1,272,881 |
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 | $1,272,881 |
Total Program Service Revenue | $152,284 |
Investment income | $42,452 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $45,526 |
Net Gain/Loss on Asset Sales | -$47,550 |
Net Income from Fundraising Events | $741 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$100,583 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,338,903 |
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. | $147,906 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $518,609 |
Pension plan accruals and contributions | $21,623 |
Other employee benefits | $65,559 |
Payroll taxes | $55,950 |
Fees for services: Management | $0 |
Fees for services: Legal | $10,021 |
Fees for services: Accounting | $12,001 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $60,000 |
Office expenses | $1,704 |
Information technology | $29,547 |
Royalties | $0 |
Occupancy | $72,111 |
Travel | $54,078 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $42,306 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $92,921 |
Insurance | $15,451 |
All other expenses | $201,117 |
Total functional expenses | $1,749,249 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,655 |
Savings and temporary cash investments | $822,049 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $70,964 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $24,367 |
Prepaid expenses and deferred charges | $36,665 |
Net Land, buildings, and equipment | $1,364,328 |
Investments—publicly traded securities | $15,022 |
Investments—other securities | $750,221 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,172,771 |
Total assets | $4,261,042 |
Accounts payable and accrued expenses | $59,664 |
Grants payable | $0 |
Deferred revenue | $902,516 |
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 | $81,906 |
Total liabilities | $1,044,086 |
Net assets without donor restrictions | $3,216,956 |
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 | $4,261,042 |