Las Vegas First Independent Business Alliance is located in Las Vegas, NM. The organization was established in 2002. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Las Vegas First Independent Business Alliance 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 12/2021, Las Vegas First Independent Business Alliance generated $16.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (40.5%) each year. All expenses for the organization totaled $26.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (30.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROMOTED LAS VEGAS, NEW MEXICO & LOCAL BUSINESSES WITH BILLBOARDS, RADIO, & WEB. ESTIMATED 900+ BUSINESSES, 5,000+ LOCAL FAMILIES BENEFITED.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Gottschalk President | 10 | $3,171 | |
Meredith Britt Vice-President | 2 | $0 | |
Christina Muniz Secretary | 3 | $0 | |
John Goodwin Treasurer | 5 | $0 | |
Jim Abreu Director | 2 | $0 | |
Jan Beurskens Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,463 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,950 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,413 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,171 |
| Professional fees and other payments to independent contractors | $6,252 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $134 |
| Other expenses | $3,927 |
| Total expenses | $26,858 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,396 |
| Other assets | $0 |
| Total assets | $12,788 |
| Total liabilities | $48 |
| Net assets or fund balances | $12,740 |