Civic Intelligence

YMCA of Southern Nevada

EIN 88-0059266 • 501(c)3 • Las Vegas, NV

Profile

The ymca of southern nevada has served the local community for over 75 years through its mission to put christian principles into practice through programs that build healthy spirit, mind and body for all. Our programs for youth development, healthy living and social responsibility are designed to meet the most pressing challenges of our community. Such challenges include increased rates of obesity, especially in children, and affordable quality childcare in a significant economic downturn.

4141 Meadows LaneLas Vegas, NV 89107

www.lasvegasymca.org

Siviq Scores

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

Liabilities / Assets

56th percentile

0.23x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

48th percentile

0.20x

Higher debt load relative to revenue than 48% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

34th percentile

-0.4%

Higher net margin than 34% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

86th percentile

$392,715

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

29th percentile

-1.4%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

64th percentile

15%

Faster revenue growth than 64% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$11,496,096

Down $160,297 (-1.4%) from 2023

Liabilities

Down

$2,661,723

Down $180,567 (-6.4%) from 2023

Net Assets

Up

$8,834,373

Up $20,270 (+0.2%) from 2023

Revenue

Up

$13,193,900

Up $1,719,225 (+15%) from 2023

Expenses

Up

$13,241,825

Up $1,189,230 (+9.9%) from 2023

Net Income

Up

-$47,925

Up $529,995 (+92%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $12,990,785Liabilities 2010: $3,556,526Net Assets 2010: $9,434,2592010Assets 2011: $12,561,895Liabilities 2011: $3,543,161Net Assets 2011: $9,018,7342011Assets 2012: $12,636,607Liabilities 2012: $3,319,596Net Assets 2012: $9,317,0112012Assets 2013: $13,181,258Liabilities 2013: $3,883,767Net Assets 2013: $9,297,4912013Assets 2014: $13,515,410Liabilities 2014: $4,351,108Net Assets 2014: $9,164,3022014Assets 2015: $12,601,315Liabilities 2015: $4,127,571Net Assets 2015: $8,473,7442015Assets 2016: $13,024,245Liabilities 2016: $3,705,865Net Assets 2016: $9,318,3802016Assets 2017: $11,949,233Liabilities 2017: $3,370,776Net Assets 2017: $8,578,4572017Assets 2018: $10,776,436Liabilities 2018: $3,310,937Net Assets 2018: $7,465,4992018Assets 2019: $12,447,923Liabilities 2019: $3,184,268Net Assets 2019: $9,263,6552019Assets 2020: $11,910,955Liabilities 2020: $2,933,512Net Assets 2020: $8,977,4432020Assets 2021: $13,495,727Liabilities 2021: $2,807,529Net Assets 2021: $10,688,1982021Assets 2022: $12,100,227Liabilities 2022: $2,873,407Net Assets 2022: $9,226,8202022Assets 2023: $11,656,393Liabilities 2023: $2,842,290Net Assets 2023: $8,814,1032023Assets 2024: $11,496,096Liabilities 2024: $2,661,723Net Assets 2024: $8,834,3732024

Highlighted filing

2024

Assets$11,496,096
Liabilities$2,661,723
Net Assets$8,834,373

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $6,849,2982010Expenses 2011: $7,142,7292011Expenses 2012: $7,674,3502012Revenue 2013: $7,866,649Expenses 2013: $7,798,881Net Income 2013: $67,7682013Revenue 2014: $7,664,666Expenses 2014: $7,826,467Net Income 2014: -$161,8012014Revenue 2015: $7,470,759Expenses 2015: $8,080,787Net Income 2015: -$610,0282015Revenue 2016: $8,534,959Expenses 2016: $7,940,318Net Income 2016: $594,6412016Revenue 2017: $7,133,732Expenses 2017: $8,105,483Net Income 2017: -$971,7512017Revenue 2018: $7,751,481Expenses 2018: $8,600,294Net Income 2018: -$848,8132018Revenue 2019: $10,785,273Expenses 2019: $9,319,696Net Income 2019: $1,465,5772019Revenue 2020: $7,594,755Expenses 2020: $8,043,658Net Income 2020: -$448,9032020Revenue 2021: $10,834,461Expenses 2021: $9,217,585Net Income 2021: $1,616,8762021Revenue 2022: $9,617,600Expenses 2022: $10,537,846Net Income 2022: -$920,2462022Revenue 2023: $11,474,675Expenses 2023: $12,052,595Net Income 2023: -$577,9202023Revenue 2024: $13,193,900Expenses 2024: $13,241,825Net Income 2024: -$47,9252024

Highlighted filing

2024

Revenue$13,193,900
Expenses$13,241,825
Net Income-$47,925

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.5$2.66$8.83$13.2$13.2$0.05
2023Detailed filing. Detailed filing data is available for this year.$11.7$2.84$8.81$11.5$12.1$0.58
2022Detailed filing. Detailed filing data is available for this year.$12.1$2.87$9.23$9.62$10.5$0.92
2021Detailed filing. Detailed filing data is available for this year.$13.5$2.81$10.7$10.8$9.22$1.62
2020Detailed filing. Detailed filing data is available for this year.$11.9$2.93$8.98$7.59$8.04$0.45
2019Detailed filing. Detailed filing data is available for this year.$12.4$3.18$9.26$10.8$9.32$1.47
2018Detailed filing. Detailed filing data is available for this year.$10.8$3.31$7.47$7.75$8.60$0.85
2017Detailed filing. Detailed filing data is available for this year.$11.9$3.37$8.58$7.13$8.11$0.97
2016Detailed filing. Detailed filing data is available for this year.$13.0$3.71$9.32$8.53$7.94$0.59
2015Detailed filing. Detailed filing data is available for this year.$12.6$4.13$8.47$7.47$8.08$0.61
2014Detailed filing. Detailed filing data is available for this year.$13.5$4.35$9.16$7.66$7.83$0.16
2013Detailed filing. Detailed filing data is available for this year.$13.2$3.88$9.30$7.87$7.80$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.6$3.32$9.32$7.67
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.6$3.54$9.02$7.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.0$3.56$9.43$6.85
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 29, 2025
Return Version
2024v5.0
Gross Receipts
$13,521,230
Mission and Program Overview

Mission

The ymca of southern nevada has served the local community for over 74 years through its mission to put christian principles into practice through programs that build healthy spirit, mind and body for all. Our programs for youth development, healthy (continued on schedule o) living and social responsibility are designed to meet the most pressing challenges of our community. Such challenges include increased rates of obesity, especially in children, and affordable quality childcare in a significant economic downturn.

To put christian principles into practice through programs that build healthy spirit, mind and body for all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,996,559$8,533,038▲ $536,479
Investments in Publicly Traded Securities$1,920,734$2,044,003▲ $123,269
Cash and Non-Interest-Bearing Accounts$707,998$350,856▼ $357,142
Pledges and Grants Receivable$300,368$225,445▼ $74,923
Accounts Receivable$68,000$194,133▲ $126,133
Savings and Temporary Cash Investments$622,166$124,676▼ $497,490
Prepaid Expenses and Deferred Charges$1,500--
Total Assets$11,656,393$11,496,096▼ $160,297
Other Assets Total$39,068$23,945▼ $15,123
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,121,016$1,925,025▼ $195,991
Accounts Payable and Accrued Expenses$555,731$602,173▲ $46,442
Deferred Revenue$125,812$109,841▼ $15,971
Other Liabilities$39,731$24,684▼ $15,047
Total Liabilities$2,842,290$2,661,723▼ $180,567
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,696,617$7,755,347▲ $58,730
Net Assets With Donor Restrictions$1,117,486$1,079,026▼ $38,460
Total Net Assets Fund Balance$8,814,103$8,834,373▲ $20,270
Total Liabilities and Net Assets / Fund Balance$11,656,393$11,496,096▼ $160,297

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,966,538$10,448,708$18,415,246
Equipment$416,654$1,710,364$2,127,018
Land$149,846-$149,846

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,519,740-▲ $178,218$100,000$1,597,958
2023$1,310,868-▲ $208,872-$1,519,740
2022$1,577,130-▼ $266,262-$1,310,868
2021$2,102,969-▲ $274,161$800,000$1,577,130
2020$1,933,106-▲ $244,863$75,000$2,102,969
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael LubbePresident &FT$339,705$53,010$392,715
Michael LubbePresident & CEO-$279,705$113,010$392,715
Thomas SeidlCFOFT$146,884$32,669$179,553
Jordan SommaggioCEOFT$140,116$23,534$163,650
Emily SowersCOOFT$115,143$35,597$150,740
Brianna BarberExecutive DiFT$113,276$34,621$147,897
Stanton SnowFacilities DFT$105,144$34,204$139,348

Board Members and Trustees

NameTitle
Todd MayhewChairman
Tonya RubyPast Chairwo
Allison RobinsonBoard Member
Archie Perry MdBoard Member
Bernard BermudezBoard Member
Boyd MartinBoard Member
Bryan PriceBoard Member
Cass PalmerBoard Member
Chris SmithBoard Member
Clarence HamiltonBoard Member
Craig MccoyBoard Member
Dale EelesBoard Member
David FersdahlBoard Member
Doug FlemingBoard Member
Greg HeinrichBoard Member
Larry BradleyBoard Member
Michael WatkinsBoard Member
Michelle FeatherBoard Member
Philip RandazzoBoard Member
Regina VaccariBoard Member
Rod MartinBoard Member
Roman TroyanoBoard Member
Russell PriceBoard Member
Scott MorrisBoard Member
Yovana AlonsoBoard Member
David ThomasSecretary
David RandallTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Boyd Martin ConstructionConstruction5965 MCLEOD DR, Las Vegas, NV 89120$683,547
Revenue and Support

Revenue Composition

Contributions and Grants
$4,379,677
Program Service Revenue
$8,599,518
Investment Income
$214,705
Other Revenue
$0
All Other Contributions
$1,652,805
Change in Net Assets
$-47,925

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,165,523
Revenue Not Reported on Financial Statements
$28,377
Revenue Not Reported on Form 990
$3,233,202
Total Revenue per Audited Statements
$16,398,725
Total Revenue per Form 990
$13,193,900
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,331,157
Other Expenses$4,910,668
Total Fundraising Expense$592,424
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,724,067$623,311$266,091$6,613,469
Occupancy$1,723,100$53,898$1,779$1,778,777
Office Expenses$1,289,886$67,044$18,685$1,375,615
Fees for Services Other$570,630$66,077$43,459$680,166
Depreciation Depletion$595,289$18,620$615$614,524
Payroll Taxes$486,549$79,905$37,055$603,509
Current Officers, Directors, Trustees, and Key Employees-$375,911$196,358$572,269
Other Employee Benefits$254,058$18,691$11,672$284,421
Pension Plan Contributions$251,904$5,228$357$257,489
Payments to Affiliates-$183,973-$183,973
Interest$93,247$2,917$96$96,260
Conferences and Meetings$42,720$7,016$3,254$52,990
Other Expenses$10,593$27,025$11,582$49,200
Fees for Service Investment Mgmnt Fees-$28,377-$28,377
Fees for Services Accounting-$27,135-$27,135
Travel$18,665$3,065$1,421$23,151
Fees for Services Legal-$500-$500
Total Functional Expenses$11,060,708$1,588,693$592,424$13,241,825

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$16,378,455
Total Expenses per Form 990$13,241,825
Expenses per Audited Statements$13,213,448
Expenses Not Reported on Form 990$3,165,007
Expenses Not Reported on Financial Statements$28,377
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$42,039
Fundraising Gross Income$42,039
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$71,365$42,039-$42,039
Total Events$71,365$42,039$42,039-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board MemberConstruction CostsNo$683,547
Nicholas SeidlOfficer SonWagesNo$66,698
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Finance Lease Liabilities$24,684
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The finance committee will review and approve the form 990. Once this occurs, the form 990 is made available to board members where a vote is taken to approve it prior to filing with the irs.

Form 990, Page 6, Part VI, Line 12C

Compliance with the conflict of interest policy is enforced by requiring all board members, officers, and key employees to complete a conflict of interest questionnaire annually that addresses relationships with other board members and the association. The executive committee of the board reviews all questionnaires. Any possible conflicts are addressed by the committee with any appropriate action taken and documented.

Form 990, Page 6, Part VI, Line 15A

Compensation of the ceo is reviewed and approved annually by the compensation committee of the board of directors. The committee utilizes salary recommendations from the national ymca organization, ymca of the usa, as well as local salary data to establish the annual compensation of the ceo. This process is documented when completed.

Form 990, Page 6, Part VI, Line 15B

The compensation of other officers and key employees of the association are reviewed and approved by the ceo using a salary administration policy approved by the board of directors.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy, and financial statements are available to the public upon request. Any request would be fulfilled by the cfo of the association and provided to the requester in electronic format.

Filing and Contact Details

Filer

Filer Name
Ymca of Southern Nevada
EIN
88-0059266
Phone
7028777227
Address
4141 MEADOWS LANE, LAS VEGAS, NV 89107

Signing Officer

Name
Jordan Sommaggio
Title
CEO
Phone
7028777227
Signed
2025-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jordan Sommaggio
Formed
1953
Legal Domicile
Nv
Voting Board Members
27
Independent Board Members
27
Employees
925
Volunteers
27

Preparer

Firm
Houldsworth Russo & Company Pc
Address
6001 S DECATUR BLVD STE P, LAS VEGAS, NV 89118-3074
Preparer
Jessica P Sayles
Phone
7022699992
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The ymca of southern nevada has served the local community for over 75 years through its mission to put christian principles into practice through programs that build healthy spirit, mind and body for all. Our programs for youth development, healthy living and social responsibility are designed to meet the most pressing challenges of our community. Such challenges include increased rates of obesity, especially in children, and affordable quality childcare in a significant economic downturn.

Form 990, Page 2, Part III, Line 4A

Membership programming offers opportunities to promote healthy living and social interactions. Included in this revenue stream are gym memberships for categories that include families, youths, adults, and seniors. Aquatics programming is for members of all ages to provide participants the skills that will keep them safe around water. Health and wellness classes allow members to focus on their health and wellbeing through a variety of classes and instructor support. This fits directly with the association's focus on healthy living. Youth and family offerings strive to help children develop a sense of accomplishment and belonging in all the association's childcare programs. This approach encourages positive social interactions and increases a child's self-confidence to help them be successful in life. Sports teaches self-discipline and encourages teamwork while promoting physical activity in an inviting atmosphere.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The association's endowment consists of one donation made in 2003 of 1,000,000 to a "building a stronger tomorrow" capital campaign. The campaign was established to modernize, refurbish, and expand the meadows lane facility. As a result of their donation, the building was renamed the "bill and lillie heinrich family" ymca at the conclusion of the capital renovation.

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

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IRS990/MissionDesc0THE YMCA OF SOUTHERN NEVADA HAS SERVED THE LOCAL COMMUNITY FOR OVER 75 YEARS THROUGH ITS MISSION TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL. OUR PROGRAMS FOR YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY ARE DESIGNED TO MEET THE MOST PRESSING CHALLENGES OF OUR COMMUNITY. SUCH CHALLENGES INCLUDE INCREASED RATES OF OBESITY, ESPECIALLY IN CHILDREN, AND AFFORDABLE QUALITY CHILDCARE IN A SIGNIFICANT ECONOMIC DOWNTURN.
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