Civic Intelligence

Nevada State Apartment Association

EIN 30-0034344 • 501(c)6 • Las Vegas, NV

Profile

The Nevada State Apartment Association is devoted to supporting the diversity, integrity and ever-changing environment of the multifamily housing industry in Nevada.

6276 S Rainbow Blvd 110Las Vegas, NV 89118

www.nvsaa.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

69th percentile

0.29x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.37x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

61st percentile

7.8%

Higher net margin than 61% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

87th percentile

25%

Faster asset growth than 87% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

60th percentile

10.0%

Faster revenue growth than 60% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$2,281,499

Up $625,954 (+38%) from 2023

Liabilities

Up

$664,272

Up $391,076 (+143%) from 2023

Net Assets

Up

$1,617,227

Up $234,878 (+17%) from 2023

Revenue

Up

$1,780,628

Up $55,846 (+3.2%) from 2023

Expenses

Up

$1,640,929

Up $12,752 (+0.8%) from 2023

Net Income

Up

$139,699

Up $43,094 (+45%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $223,526Liabilities 2011: $0Net Assets 2011: $223,5262011Assets 2012: $199,239Liabilities 2012: $0Net Assets 2012: $199,2392012Assets 2013: $267,226Liabilities 2013: $12,560Net Assets 2013: $254,6662013Assets 2014: $276,584Liabilities 2014: $25,336Net Assets 2014: $251,2482014Assets 2015: $367,732Liabilities 2015: $95,168Net Assets 2015: $272,5642015Assets 2016: $635,082Liabilities 2016: $413,136Net Assets 2016: $221,9462016Assets 2017: $491,899Liabilities 2017: $80,466Net Assets 2017: $411,4332017Assets 2019: $1,120,916Liabilities 2019: $245,481Net Assets 2019: $875,4352019Assets 2020: $1,263,705Liabilities 2020: $190,092Net Assets 2020: $1,073,6132020Assets 2021: $1,503,915Liabilities 2021: $250,394Net Assets 2021: $1,253,5212021Assets 2022: $1,449,839Liabilities 2022: $270,044Net Assets 2022: $1,179,7952022Assets 2023: $1,655,545Liabilities 2023: $273,196Net Assets 2023: $1,382,3492023Assets 2024: $2,281,499Liabilities 2024: $664,272Net Assets 2024: $1,617,2272024

Highlighted filing

2024

Assets$2,281,499
Liabilities$664,272
Net Assets$1,617,227

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $456,7582011Expenses 2012: $518,2162012Revenue 2013: $643,051Expenses 2013: $587,624Net Income 2013: $55,4272013Revenue 2014: $692,378Expenses 2014: $678,528Net Income 2014: $13,8502014Revenue 2015: $830,285Expenses 2015: $808,969Net Income 2015: $21,3162015Revenue 2016: $771,263Expenses 2016: $821,881Net Income 2016: -$50,6182016Revenue 2017: $1,059,603Expenses 2017: $870,116Net Income 2017: $189,4872017Revenue 2019: $1,286,145Expenses 2019: $1,068,323Net Income 2019: $217,8222019Revenue 2020: $816,076Expenses 2020: $667,014Net Income 2020: $149,0622020Revenue 2021: $1,180,390Expenses 2021: $1,044,496Net Income 2021: $135,8942021Revenue 2022: $1,471,917Expenses 2022: $1,441,978Net Income 2022: $29,9392022Revenue 2023: $1,724,782Expenses 2023: $1,628,177Net Income 2023: $96,6052023Revenue 2024: $1,780,628Expenses 2024: $1,640,929Net Income 2024: $139,6992024

Highlighted filing

2024

Revenue$1,780,628
Expenses$1,640,929
Net Income$139,699

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.28$0.66$1.62$1.78$1.64$0.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.66$0.27$1.38$1.72$1.63$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.27$1.18$1.47$1.44$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.25$1.25$1.18$1.04$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.19$1.07$0.82$0.67$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.25$0.88$1.29$1.07$0.22
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.08$0.41$1.06$0.87$0.19
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.41$0.22$0.77$0.82$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.37$0.10$0.27$0.83$0.81$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.28$0.03$0.25$0.69$0.68$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.27$0.01$0.25$0.64$0.59$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.00$0.20$0.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.00$0.22$0.46
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$1,471,917
Mission and Program Overview

Mission

The Nevada State Apartment Association is devoted to supporting the diversity, integrity and ever-changing environment of the multifamily housing industry in Nevada.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$905,820$918,140▲ $12,320
Cash and Non-Interest-Bearing Accounts$559,384$373,328▼ $186,056
Accounts Receivable$25,534$72,431▲ $46,897
Prepaid Expenses and Deferred Charges-$65,386-
Land, Buildings, and Equipment, Net$13,177$20,554▲ $7,377
Total Assets$1,503,915$1,449,839▼ $54,076
Liabilities
Accounts Payable and Accrued Expenses$140,114$159,253▲ $19,139
Deferred Revenue$110,280$110,791▲ $511
Total Liabilities$250,394$270,044▲ $19,650
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,253,521$1,179,795▼ $73,726
Total Net Assets Fund Balance$1,253,521$1,179,795▼ $73,726
Total Liabilities and Net Assets / Fund Balance$1,503,915$1,449,839▼ $54,076

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$18,850$37,416$56,266
Leasehold Improvements$1,704$2,252$3,956
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robin LeeExec. DirectorFT$82,812$82,812

Board Members and Trustees

NameTitle
Lisa LynesPast President
Phyllis GarciaPast President
Tommy ZauderVice President
Amy HjerpeDirector
Beckie ShudinisDirector
Bret HolmesDirector
Claudine LivingstonDirector
Danett MicheliniDirector
Deb BlackfordDirector
Dee VanbilliardDirector
Desiree MatukDirector
Floyd RowleyDirector
George JohnsonDirector
Jim HanifenDirector
Kim BrownDirector
Lance BergeronDirector
Lisa NeedhamDirector
May SweeneyDirector
Penny IrvinDirector
Rich FrieszDirector
Shannon DiehlDirector
Sheena ZauderDirector
Steven OlmosDirector
Taylor VerhaalenDirector
Tonya JohnsonDirector
Eric Newmark EsqDirector Legal Counsel
Bobby SeguraPrimary Vendor Eo
Debra PetersonSecondary Vendor Eo
Chrissy MccullochTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Mcdonald Carano LLPLegal/lobbying2300 W SAHARA AVENUE, Las Vegas, NV 89102$191,126
Revenue and Support

Revenue Composition

Contributions and Grants
$138,966
Program Service Revenue
$1,088,232
Investment Income
$0
Other Revenue
$244,719
All Other Contributions
$138,966
Change in Net Assets
$29,939
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,207,326
Salaries, Compensation, and Employee Benefits$233,842
Grants and Similar Amounts Paid$810
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$169,032
Fees for Services Legal---$142,507
Other Salaries and Wages---$133,264
Fees for Services Lobbying---$122,261
Payments to Affiliates---$97,919
Current Officers, Directors, Trustees, and Key Employees---$82,812
Travel---$61,209
Occupancy---$59,221
All Other Expenses---$53,769
Conferences and Meetings---$31,848
Other Expenses---$30,743
Office Expenses---$21,161
Payroll Taxes---$17,766
Insurance---$14,457
Fees for Services Accounting---$11,156
Fees for Service Investment Mgmnt Fees---$7,165
Information Technology---$6,833
Depreciation Depletion---$5,666
Grants to Domestic Orgs---$810
Advertising---$394
Total Functional Expenses$0$0$0$1,441,978
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The association's membership is open to any person, firm, partnership, corporation, or other entity interested in the rental housing industry, who meet requirements for membership. The association has property members, property management members, and vendor members.

Form 990, Part VI, Section B, Line 11B

A copy of form 990 is forwarded to each officer of the organization for a final review before the form 990 is signed and filed.

Form 990, Part VI, Section C, Line 19

The public may request copies of our financial statements, for inspection, by making its request to: 6276 s rainbow blvd suite 110 las vegas, nv 89118

Filing and Contact Details

Filer

Filer Name
Nevada State Apartment Association
EIN
30-0034344
Phone
7024367662
Address
6276 S RAINBOW BLVD 110, LAS VEGAS, NV 89118

Signing Officer

Name
Robin Lee
Title
Executive Director
Phone
7024367662
Signed
2023-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robin Lee
Formed
2002
Legal Domicile
Nv
Voting Board Members
26
Independent Board Members
26
Employees
3
Volunteers
29

Preparer

Firm
Eide Bailly Llp
Address
9139 W RUSSELL RD STE 200, LAS VEGAS, NV 89148-1250
Preparer
Mike Verville CPA
Phone
7023040405
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting 39,070. Outside contract services 129,962.

Financial Statement Notes

PART X, LINE 2:

Management believes that the association has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial satements. The association would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.

Raw XML AppendixShowing 400 of 524 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE NEVADA STATE APARTMENT ASSOCIATION IS DEVOTED TO SUPPORTING THE DIVERSITY, INTEGRITY AND EVER-CHANGING ENVIRONMENT OF THE MULTIFAMILY HOUSING INDUSTRY IN NEVADA.
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IRS990/BooksInCareOfDetail/PhoneNum07024367662
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IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01471917
IRS990/DecisionsSubjectToApprovaInd00
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IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt05666
IRS990/Desc0THE NEVADA STATE APARTMENT ASSOCIATION ORGANIZED AND PRESENTED 14 EVENTS IN THE CURRENT YEAR SERVING APPROXIMATLY 8,400 INDIVIDUALS INTERESTED IN LEARNING MORE ABOUT THE MULTIFAMILY HOUSING INDUSTRY IN NEVADA. THESE EVENTS INCLUDED SOCIAL, EDUCATIONAL, LOBBYING, AND NETWORKING SERVICES THAT WERE DESIGNED TO HELP THE MEMBERS OF THE ASSOCIATION LEARN MORE ABOUT BEST PRACTICES AND POLICIES RELATED TO THE MANY AREAS OF MULTIFAMILY HOUSING INDUSTRY IN NEVADA.
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IRS990/Form990PartVIISectionAGrp/PersonNm1TOMMY ZAUDER
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IRS990/Form990PartVIISectionAGrp/PersonNm7AMY HJERPE
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IRS990/Form990PartVIISectionAGrp/PersonNm9BRET HOLMES
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IRS990/Form990PartVIISectionAGrp/PersonNm13DESIREE MATUK
IRS990/Form990PartVIISectionAGrp/PersonNm14GEORGE JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm15LISA NEEDHAM
IRS990/Form990PartVIISectionAGrp/PersonNm16MAY SWEENEY
IRS990/Form990PartVIISectionAGrp/PersonNm17PENNY IRVIN
IRS990/Form990PartVIISectionAGrp/PersonNm18RICH FRIESZ
IRS990/Form990PartVIISectionAGrp/PersonNm19SHEENA ZAUDER
IRS990/Form990PartVIISectionAGrp/PersonNm20STEVEN OLMOS
IRS990/Form990PartVIISectionAGrp/PersonNm21TAYLOR VERHAALEN
IRS990/Form990PartVIISectionAGrp/PersonNm22TONYA JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm23DANETT MICHELINI
IRS990/Form990PartVIISectionAGrp/PersonNm24FLOYD ROWLEY
IRS990/Form990PartVIISectionAGrp/PersonNm25JIM HANIFEN
IRS990/Form990PartVIISectionAGrp/PersonNm26KIM BROWN
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IRS990/Form990PartVIISectionAGrp/PersonNm28SHANNON DIEHL
IRS990/Form990PartVIISectionAGrp/PersonNm29ROBIN LEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR LEGAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRIMARY VENDOR EO
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECONDARY VENDOR EO
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29EXEC. DIRECTOR
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IRS990/MissionDesc0THE NEVADA STATE APARTMENT ASSOCIATION IS DEVOTED TO SUPPORTING THE DIVERSITY, INTEGRITY AND EVER-CHANGING ENVIRONMENT OF THE MULTIFAMILY HOUSING INDUSTRY IN NEVADA.
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE NEVADA STATE APARTMENT ASSOCIATION, AS PART OF ITS EDUCATIONAL PROGRAMMING SURROUNDING BEST PRACTICES, HELD AN EDUCATIONAL SEMINAR THAT HAD A QUALIFIED EXEMPT PURPOSE UNDER IRS SECTION 501(C)(6). ATTENDEES OF THE EDUCATIONAL PROGRAM WERE GIVEN THE OPPORTUNITY TO LEARN MORE ABOUT THE DIFFERENT LEGISLATIVE ISSUES AND CONCERNS REGARDING MULTIFAMILY HOUSING IN THE STATE OF NEVADA.
IRS990/ProgSrvcAccomActy3Grp/Desc0AS PART OF THE NEVADA STATE APARTMENT ASSOCIATION'S EDUCATIONAL PROGRAMS, SPECIFIC PROGRAMS ARE DESIGNED TO DEMONSTRATE THE DIFFERENCES BETWEEN ADVOCACY, EDUCATION, AND LOBBYING AND THE IMPORTANCE OF EACH ACTIVITY IN THE COMMUNITY. THE GOAL OF ALL ACTIVITIES IS PRIMARILY TO EDUCATE. HOWEVER, THE LOBBYING ACTIVITIES ARE SPECIFICALLY FOCUSED ON PROMOTING LEGISLATION WHICH WILL MAKE MUTLIFAMILY HOUSING IN NEVADA MORE FAVORABLE TO NOT ONLY THE MEMBERS OF THE ASSOCIATION, BUT ALL NEVADA TAXPAYERS.
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IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00

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