Civic Intelligence

Nevada Insurance Guarantee Association

990 • Fiscal year 2020 • EIN 88-0134332

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 25, 2021

Organization ProfileWWW.NVIGA-PC.ORG

View Organization Page

3821 West Charleston Boulevard 100Las Vegas, NV 89102

(702) 368-0607

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

3.48x

Higher debt load relative to assets than 99% of similar nonprofits.

2020 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

99th percentile

29.55x

Higher debt load relative to revenue than 99% of similar nonprofits.

2020 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2020

Net Margin

1st percentile

-373%

Higher net margin than 1% of similar nonprofits.

2020 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

15th percentile

$162,217

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 11.3% of source-year revenue.

2020 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2020

Asset Growth

2nd percentile

-30%

Faster asset growth than 2% of similar nonprofits.

2020 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

2nd percentile

-83%

Faster revenue growth than 2% of similar nonprofits.

2020 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$12,172,724

Down $5,222,085 (-30%) from 2019

Net Assets

Down

-$30,148,571

Down $13,374,184 (-80%) from 2019

Liabilities

Up

$42,321,295

Up $8,152,099 (+24%) from 2019

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin1st percentile

Revenue

Down

$1,432,098

Down $6,946,079 (-83%) from 2019

Expenses

Up

$6,767,368

Up $1,416,218 (+26%) from 2019

Net Income

Down

-$5,335,270

Down $8,362,297 (-276%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0-$20M-$40MAssets 2011: $15,603,381Liabilities 2011: $8,655,026Net Assets 2011: $6,948,3552011Assets 2012: $15,404,627Liabilities 2012: $10,540,556Net Assets 2012: $4,864,0712012Assets 2013: $15,778,427Liabilities 2013: $31,741,071Net Assets 2013: -$15,962,6442013Assets 2014: $8,420,203Liabilities 2014: $33,947,242Net Assets 2014: -$25,527,0392014Assets 2015: $9,609,734Liabilities 2015: $25,568,174Net Assets 2015: -$15,958,4402015Assets 2016: $6,200,680Liabilities 2016: $22,722,566Net Assets 2016: -$16,521,8862016Assets 2017: $11,438,387Liabilities 2017: $36,726,237Net Assets 2017: -$25,287,8502017Assets 2018: $14,022,775Liabilities 2018: $35,416,077Net Assets 2018: -$21,393,3022018Assets 2019: $17,394,809Liabilities 2019: $34,169,196Net Assets 2019: -$16,774,3872019Assets 2020: $12,172,724Liabilities 2020: $42,321,295Net Assets 2020: -$30,148,5712020Assets 2021: $8,996,871Liabilities 2021: $38,909,701Net Assets 2021: -$29,912,8302021Assets 2022: $18,546,670Liabilities 2022: $36,089,390Net Assets 2022: -$17,542,7202022Assets 2023: $26,578,978Liabilities 2023: $20,971,446Net Assets 2023: $5,607,5322023Assets 2024: $24,918,038Liabilities 2024: $19,399,022Net Assets 2024: $5,519,0162024

Highlighted filing

2020

Assets$12,172,724
Liabilities$42,321,295
Net Assets-$30,148,571
Open 2020 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$10M$0-$10MRevenue 2011: $1,705,788Expenses 2011: $1,705,036Net Income 2011: $7522011Revenue 2012: $2,618,272Expenses 2012: $2,716,979Net Income 2012: -$98,7072012Revenue 2013: $6,988,802Expenses 2013: $6,615,002Net Income 2013: $373,8002013Revenue 2014: $1,678,240Expenses 2014: $9,036,464Net Income 2014: -$7,358,2242014Revenue 2015: $8,708,004Expenses 2015: $7,514,559Net Income 2015: $1,193,4452015Revenue 2016: $1,066,399Expenses 2016: $4,475,454Net Income 2016: -$3,409,0552016Revenue 2017: $9,760,197Expenses 2017: $4,426,113Net Income 2017: $5,334,0842017Revenue 2018: $7,597,528Expenses 2018: $5,203,999Net Income 2018: $2,393,5292018Revenue 2019: $8,378,177Expenses 2019: $5,351,150Net Income 2019: $3,027,0272019Revenue 2020: $1,432,098Expenses 2020: $6,767,368Net Income 2020: -$5,335,2702020Revenue 2021: $5,521,875Expenses 2021: $8,701,715Net Income 2021: -$3,179,8402021Revenue 2022: $14,989,543Expenses 2022: $5,642,014Net Income 2022: $9,347,5292022Revenue 2023: $10,357,258Expenses 2023: $3,390,039Net Income 2023: $6,967,2192023Revenue 2024: $142,278Expenses 2024: $3,037,248Net Income 2024: -$2,894,9702024

Highlighted filing

2020

Revenue$1,432,098
Expenses$6,767,368
Net Income-$5,335,270
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 25, 2021
Return Version
2020v4.0
Gross Receipts
$1,432,098
Mission and Program Overview

Mission

Pay claims of insolvent insurance companies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$17,140,680$10,998,148▼ $6,142,532
Cash and Non-Interest-Bearing Accounts$239,519$1,169,910▲ $930,391
Land, Buildings, and Equipment, Net$6,077--
Prepaid Expenses and Deferred Charges$8,533$4,666▼ $3,867
Total Assets$17,394,809$12,172,724▼ $5,222,085
Liabilities
Other Liabilities$34,169,196$42,321,295▲ $8,152,099
Total Liabilities$34,169,196$42,321,295▲ $8,152,099
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-16,774,387$-30,148,571▼ $13,374,184
Total Net Assets Fund Balance$-16,774,387$-30,148,571▼ $13,374,184
Total Liabilities and Net Assets / Fund Balance$17,394,809$12,172,724▼ $5,222,085

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$184,144$184,144
Compensation and Service Providers
Top Officer Pay15th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert LaudermilchExecutive DiFT$146,304$15,913$162,217
Robert LaudermilchExecutive Director-$146,304$15,913$162,217
Joe HernandezSecretary/tr-$3,000-$3,000
Peter M CazzollaChairperson-$2,000-$2,000

Board Members and Trustees

NameTitle
Kurt R StemmlerVice Chairpe
Barry VogtDirector
Cecil AutryDirector
John DonahueDirector
Michele BaladyDirector
Randi CigelnikDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$380
Other Revenue
$1,431,718
Change in Net Assets
$-5,335,270

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,432,098
Revenue Not Reported on Form 990
$113,185
Total Revenue per Audited Statements
$1,545,283
Total Revenue per Form 990
$1,432,098
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,446,578
Salaries, Compensation, and Employee Benefits$320,790
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$167,217
Information Technology---$98,150
Other Salaries and Wages---$86,060
Occupancy---$83,066
Insurance---$78,273
Other Employee Benefits---$49,237
Fees for Services Accounting---$22,536
Office Expenses---$19,586
Payroll Taxes---$18,276
Conferences and Meetings---$13,296
Fees for Services Other---$9,657
Depreciation Depletion---$6,077
All Other Expenses---$4,806
Fees for Services Legal---$525
Other Expenses---$-95,212
Total Functional Expenses$0$0$0$6,767,368

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,767,368
Total Expenses per Audited Statements$6,767,368
Total Expenses per Form 990$6,767,368
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Insurance Loss Reserves$42,321,295
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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 process is as follows: upon receipt of the return, the executive director and bookkeeper review the documents contained herein. They then verify figures to the best available information from the general ledger for the reporting year. They also review the answers to each of the questions. Once the information meets their approval the documents are remitted with approval for final printing. The return is then printed, signed and submitted to the irs.”

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

“During every board meeting any conflicts are discussed and recorded in the minutes of the meeting.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Nevada Insurance Guaranty
EIN
88-0134332
Phone
7023680607
Address
3821 WEST CHARLESTON BOULEVARD 100, LAS VEGAS, NV 89102

Signing Officer

Name
Robert Laudermilch
Title
Executive Director
Phone
7023680607
Signed
2021-08-25

Organization Details

Principal Officer
Robert Laudermilch
Formed
1971
Legal Domicile
Nv
Voting Board Members
6
Independent Board Members
6
Employees
3
Volunteers
6

Preparer

Firm
Larson & Company Pc
Address
11240 S RIVER HEIGHTS DR SUITE 300, SOUTH JORDAN, UT 84095-5123
Preparer
Richard Scoresby CPA
Phone
8013131900
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Change in reserves -8,152,099”

Financial Statement Notes

Schedule D, Page 3, Part X

“The internal revenue service has determined that the association is a not- for-profit, tax-exempt organization under internal revenue code section 501(c)(6) and, as such, is exempt from paying state and federal income tax. The association did not pay any income taxes for the years ended december 31, 2020 and 2019. The fasb has provided guidance for how uncertain tax positions should be recognized, measured, and disclosed in the financial statements. Management has evaluated the association's tax positions and determined there are no uncertain tax positions.”

Raw XML Appendix338 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PAY CLAIMS OF INSOLVENT INSURANCE COMPANIES.
IRS990/AllOtherExpensesGrp/TotalAmt04806
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0NEVADA INSURANCE GUARANTY ASSOC
IRS990/BooksInCareOfDetail/PhoneNum07023680607
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03821 WEST CHARLESTON BLVD 100
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAS VEGAS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NV
IRS990/BooksInCareOfDetail/USAddress/ZIPCd089102
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0239519
IRS990/CashNonInterestBearingGrp/EOYAmt01169910
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0167217
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt013296
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0380
IRS990/CYOtherExpensesAmt06446578
IRS990/CYOtherRevenueAmt01431718
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-5335270
IRS990/CYSalariesCompEmpBnftPaidAmt0320790
IRS990/CYTotalExpensesAmt06767368
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01432098
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt06077
IRS990/Desc0THE ORGANIZATION ADMINISTERED AND PAID CLAIMS AND RELATED EXPENSES OF 6,110,342 TO POLICYHOLDERS ON BEHALF OF INSOLVENT INSURANCE COMPANIES.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt022536
IRS990/FeesForServicesLegalGrp/TotalAmt0525
IRS990/FeesForServicesOtherGrp/TotalAmt09657
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.30
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt015913
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT LAUDERMILCH
IRS990/Form990PartVIISectionAGrp/PersonNm1JOE HERNANDEZ
IRS990/Form990PartVIISectionAGrp/PersonNm2PETER M CAZZOLLA
IRS990/Form990PartVIISectionAGrp/PersonNm3CECIL AUTRY
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHELE BALADY
IRS990/Form990PartVIISectionAGrp/PersonNm5RANDI CIGELNIK
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN DONAHUE
IRS990/Form990PartVIISectionAGrp/PersonNm7KURT R STEMMLER
IRS990/Form990PartVIISectionAGrp/PersonNm8BARRY VOGT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0146304
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE CHAIRPE
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01971
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01432098
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt098150
IRS990/InsuranceGrp/TotalAmt078273
IRS990/InvestmentIncomeGrp/ExclusionAmt0380
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0380
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt091
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0184144
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06077
IRS990/LandBldgEquipCostOrOtherBssAmt0184144
IRS990/LegalDomicileStateCd0NV
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PAY CLAIMS OF INSOLVENT INSURANCE COMPANIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-16774387
IRS990/NetAssetsOrFundBalancesEOYAmt0-30148571
IRS990/NetUnrlzdGainsLossesInvstAmt0113185
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-16774387
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-30148571
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt083066
IRS990/OfficeExpensesGrp/TotalAmt019586
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-8152099
IRS990/OtherEmployeeBenefitsGrp/TotalAmt049237
IRS990/OtherExpensesGrp/Desc0TOTAL CLAIMS PAID
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2UNEARNED PREMIUMS
IRS990/OtherExpensesGrp/Desc3ULAE OPERATING EXPENSES
IRS990/OtherExpensesGrp/TotalAmt06110342
IRS990/OtherExpensesGrp/TotalAmt161597
IRS990/OtherExpensesGrp/TotalAmt233879
IRS990/OtherExpensesGrp/TotalAmt3-95212
IRS990/OtherLiabilitiesGrp/BOYAmt034169196
IRS990/OtherLiabilitiesGrp/EOYAmt042321295
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0RECOVERIES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01431718
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01431718
IRS990/OtherRevenueTotalAmt01431718
IRS990/OtherSalariesAndWagesGrp/TotalAmt086060
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt018276
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08533
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04666
IRS990/PrincipalOfficerNm0ROBERT LAUDERMILCH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt061
IRS990/PYOtherExpensesAmt04977670
IRS990/PYOtherRevenueAmt08378116
IRS990/PYRevenuesLessExpensesAmt03027027
IRS990/PYSalariesCompEmpBnftPaidAmt0373480
IRS990/PYTotalExpensesAmt05351150
IRS990/PYTotalRevenueAmt08378177
IRS990/ReconcilationRevenueExpnssAmt0-5335270
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt017140680
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010998148
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0184144
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0184144
IRS990ScheduleD/ExpensesSubtotalAmt06767368
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0113185
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt042321295
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INSURANCE LOSS RESERVES
IRS990ScheduleD/RevenueNotReportedAmt0113185
IRS990ScheduleD/RevenueSubtotalAmt01432098
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE ASSOCIATION IS A NOT- FOR-PROFIT, TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(6) AND, AS SUCH, IS EXEMPT FROM PAYING STATE AND FEDERAL INCOME TAX. THE ASSOCIATION DID NOT PAY ANY INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2019. THE FASB HAS PROVIDED GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, AND DISCLOSED IN THE FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED THE ASSOCIATION'S TAX POSITIONS AND DETERMINED THERE ARE NO UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalExpensesPerForm990Amt06767368
IRS990ScheduleD/TotalLiabilityAmt042321295
IRS990ScheduleD/TotalRevenuePerForm990Amt01432098
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01545283
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06767368
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0146304
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt07812
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt08101
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROBERT LAUDERMILCH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0162217
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PROCESS IS AS FOLLOWS: UPON RECEIPT OF THE RETURN, THE EXECUTIVE DIRECTOR AND BOOKKEEPER REVIEW THE DOCUMENTS CONTAINED HEREIN. THEY THEN VERIFY FIGURES TO THE BEST AVAILABLE INFORMATION FROM THE GENERAL LEDGER FOR THE REPORTING YEAR. THEY ALSO REVIEW THE ANSWERS TO EACH OF THE QUESTIONS. ONCE THE INFORMATION MEETS THEIR APPROVAL THE DOCUMENTS ARE REMITTED WITH APPROVAL FOR FINAL PRINTING. THE RETURN IS THEN PRINTED, SIGNED AND SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DURING EVERY BOARD MEETING ANY CONFLICTS ARE DISCUSSED AND RECORDED IN THE MINUTES OF THE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CHANGE IN RESERVES -8,152,099
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt017394809
IRS990/TotalAssetsEOYAmt012172724
IRS990/TotalAssetsGrp/BOYAmt017394809
IRS990/TotalAssetsGrp/EOYAmt012172724
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt06767368
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt034169196
IRS990/TotalLiabilitiesEOYAmt042321295
IRS990/TotalLiabilitiesGrp/BOYAmt034169196
IRS990/TotalLiabilitiesGrp/EOYAmt042321295
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-16774387
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-30148571
IRS990/TotalOtherCompensationAmt015913
IRS990/TotalReportableCompFromOrgAmt0151304
IRS990/TotalRevenueGrp/ExclusionAmt0380
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01431718
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01432098
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt017394809
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt012172724
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03821 WEST CHARLESTON BOULEVARD 100
IRS990/USAddress/CityNm0LAS VEGAS
IRS990/USAddress/StateAbbreviationCd0NV
IRS990/USAddress/ZIPCd089102
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.NVIGA-PC.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT LAUDERMILCH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07023680607
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEVADA INSURANCE GUARANTY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0NEVA
ReturnHeader/Filer/EIN0880134332
ReturnHeader/Filer/PhoneNum07023680607
ReturnHeader/Filer/USAddress/AddressLine1Txt03821 WEST CHARLESTON BOULEVARD 100
ReturnHeader/Filer/USAddress/CityNm0LAS VEGAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NV
ReturnHeader/Filer/USAddress/ZIPCd089102
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0870516083
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LARSON & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011240 S RIVER HEIGHTS DR SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOUTH JORDAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0840955123
ReturnHeader/PreparerPersonGrp/PhoneNum08013131900
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD SCORESBY CPA
ReturnHeader/ReturnTs02021-08-25T12:41:31-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROBERT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LAUDERMILCH
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,172,724
Liabilities
$42,321,295
Net assets
-$30,148,571
Revenue
$1,432,098
Expenses
$6,767,368
Net income
-$5,335,270
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.9$19.4$5.52$0.14$3.04$2.89
2023Detailed filing. Detailed filing data is available for this year.$26.6$21.0$5.61$10.4$3.39$6.97
2022Detailed filing. Detailed filing data is available for this year.$18.5$36.1$17.5$15.0$5.64$9.35
2021Detailed filing. Detailed filing data is available for this year.$9.00$38.9$29.9$5.52$8.70$3.18
2020Detailed filing. Detailed filing data is available for this year.$12.2$42.3$30.1$1.43$6.77$5.34
2019Detailed filing. Detailed filing data is available for this year.$17.4$34.2$16.8$8.38$5.35$3.03
2018Detailed filing. Detailed filing data is available for this year.$14.0$35.4$21.4$7.60$5.20$2.39
2017Detailed filing. Detailed filing data is available for this year.$11.4$36.7$25.3$9.76$4.43$5.33
2016Detailed filing. Detailed filing data is available for this year.$6.20$22.7$16.5$1.07$4.48$3.41
2015Detailed filing. Detailed filing data is available for this year.$9.61$25.6$16.0$8.71$7.51$1.19
2014Detailed filing. Detailed filing data is available for this year.$8.42$33.9$25.5$1.68$9.04$7.36
2013Detailed filing. Detailed filing data is available for this year.$15.8$31.7$16.0$6.99$6.62$0.37
2012Summary only. Only limited summary data is available for this year.$15.4$10.5$4.86$2.62$2.72$0.10
2011Summary only. Only limited summary data is available for this year.$15.6$8.66$6.95$1.71$1.71$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)6 • $10M-$25M nonprofits