Lake Las Vegas Master Association
- Assets
- $4.5m
- Revenue
- $6.7m
- Investments
- $0.0
- Employees
- 3
- Location
- Henderson, NV
- Founding
- 01/1995
- Data as of
- 12/2021
- EIN
- 77-0315675
Organization Overview
Lake Las Vegas Master Association is located in Henderson, NV. The organization was established in 1995. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2021, Lake Las Vegas Master Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Las Vegas Master Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Lake Las Vegas Master Association generated $6.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $6.6m during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PROVIDE ADMINISTRATION, MAINTENANCE, AND PRESERVATION OF LAKE LAS VEGAS AND THE COMMON AREAS OF THE LAKE LAS VEGAS COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION PROVIDES GENERAL AND ADMINISTRATIVE SERVICES FOR ALL COMMON AREAS OF THE COMMUNITY. THESE SERVICES, WHICH INCLUDES BUT IS NOT LIMITED TO SECURITY AND OUTSIDE SERVICE EXPENSES, BENEFIT THE LOCAL RESIDENTS SURROUNDING THE LAKE AS WELL AS MEMBERS OF THE GENERAL PUBLIC WHO VISIT THE AREA.
THE ASSOCIATION BEARS THE COSTS TO MONITOR AND MAINTAIN THE WATER QUALITY OF THE COMMUNITY LAKE AS WELL AS THE COSTS TO DISTRIBUTE THE WATER TO THE COMMUNITY. THESE ACTIVITIES BENEFIT THE COMMUNITY SURROUNDING THE LAKE AND ENSURE THE AVAILABLILITY OF THE BACKUP EMERGENCY WATER SUPPLY TO THE CITY OF HENDERSON, NEVADA. THE WATER SERVICE PROGRAM ALSO BENEFITS THE WETLANDS HABITATS, LOCATED SOUTHWEST AND UPSTREAM OF THE LAKE, WHICH HAVE BEEN SET ASIDE FOR THE USE AND ENJOYMENT OF THE GENERAL PUBLIC. THE ASSOCIATION ALSO PROTECTS THE INTEGRITY OF THE DAM THAT CREATES THE LAKE, WHICH CONTRIBUTES TO COMMUNITY HEALTH AND SAFETY. THE LOCAL COMMUNITY AND VISITORS TO THE AREA BENEFIT FROM THESE ACTIVITIES AS DOES THE WETLANDS HABITAT LOCATED SOUTHWEST OF THE LAKE.
THE ASSOCIATION PROVIDES LANDSCAPING SERVICES FOR ALL COMMON AREAS OF THE COMMUNITY. THESE SERVICES BENEFIT THE LOCAL RESIDENTS SURROUNDING THE LAKE AS WELL AS MEMBERS OF THE GENERAL PUBLIC WHO VISIT THE AREA.
THE REMAINING PROGRAM EXPENSES WERE FOR GENERAL MAINTENANCE OF THE COMMON AREAS OF THE COMMUNITY WHICH BENEFITS BOTH RESIDENTS AND VISITORS TO THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Janson Director | Trustee | 2 | $0 |
Jeff Wood Secretary | Trustee | 2 | $0 |
Patrick Parker Vice Preside | Trustee | 2 | $0 |
Glynn Alan Director | Trustee | 2 | $0 |
Bristol Ellington Director | Trustee | 2 | $0 |
Cody Winterton President | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lake Las Vegas Marina Llc Lake Patrol | 12/30/21 | $140,617 |
International Golf Maintenance Landscaping | 12/30/21 | $1,281,326 |
Securitas Security | 12/30/21 | $583,521 |
Lake Management Llc Lake Maintenanc | 12/30/21 | $1,235,684 |
Stantec Consulting Services Inc Consulting | 12/30/21 | $130,258 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $6,721,376 |
| Investment income | $934 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,722,310 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $50,940 |
| Fees for services: Legal | $42,566 |
| Fees for services: Accounting | $16,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $578,303 |
| All other expenses | $1,629,282 |
| Total functional expenses | $6,621,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,211,151 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,638,849 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $17,737 |
| Prepaid expenses and deferred charges | $8,160 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $628,858 |
| Total assets | $4,504,755 |
| Accounts payable and accrued expenses | $804,638 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $2,314,070 |
| Total liabilities | $3,118,708 |
| Net assets without donor restrictions | $0 |
| 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 | $1,386,047 |
| Total liabilities and net assets/fund balances | $4,504,755 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christensen Fund San Francisco, CA | $364,587,072 | $46,544,592 |
Earth Island Institute Inc Berkeley, CA | $22,402,365 | $16,760,146 |
River Partners Chico, CA | $23,560,844 | $15,926,609 |
Ecology Center Berkeley, CA | $7,185,570 | $13,640,615 |
Santa Catalina Island Conservancy Avalon, CA | $117,867,719 | $18,977,190 |
Sierra Foothill Conservancy Tr Mariposa, CA | $32,787,523 | $11,475,774 |
Island Conservation Santa Cruz, CA | $9,877,224 | $8,035,021 |
Pachamama Alliance San Francisco, CA | $3,900,327 | $8,257,728 |
Green Education Foundation San Jose, CA | $4,255,688 | $9,135,673 |
Lake Las Vegas Master Association Henderson, NV | $4,504,755 | $6,722,310 |
Clientearth Usa Inc Calabasas, CA | $7,838,710 | $8,181,021 |
Citizens Climate Education Corp Coronado, CA | $6,007,250 | $6,465,563 |