Nevada Association Of Employers Inc
- Assets
- $1.7m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 16
- Location
- Reno, NV
- Founding
- 03/1964
- Data as of
- 09/2023
- EIN
- 88-0090233
Organization Overview
Nevada Association Of Employers Inc is located in Reno, NV. The organization was established in 1964. 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. As of 09/2023, Nevada Association Of Employers Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nevada Association Of Employers Inc 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 09/2023, Nevada Association Of Employers Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $1.4m during the year ending 09/2023. While expenses have increased by 8.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EMPLOYERS' BUSINESS LEAGUE THAT PROVIDES HUMAN RESOURCES SUPPORT FOR EMPLOYERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES EMPLOYER RELATIONS & HUMAN RESOURCES INFORMATION & ASSISTANCE TO MEMBER BUSINESSES REPRESENTING VARIOUS INDUSTRIES IN NORTHERN AND SOUTHERN NEVADA.
PROVIDES EMPLOYER RELATIONS & HUMAN RESOURCES INFORMATION & ASSISTANCE TO MEMBER BUSINESSES REPRESENTING VARIOUS INDUSTRIES IN NORTHERN NEVADA.
PROVIDES SEMINARS & TRAINING PROGRAMS IN SUCH AREAS AS SUPERVISION AND REGULATORY COMPLIANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thoran Towler Chief Exec O | Officer | 40 | $252,900 |
Bevin Eagle Vice Chair | Trustee | 1 | $0 |
Pete Gilbert Director | Trustee | 1 | $0 |
Aiko Hatano Director | Trustee | 1 | $0 |
Bill Houghton Director | Trustee | 1 | $0 |
Kathy Picollo Director | Trustee | 1 | $0 |
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 | $1,309,752 |
| Investment income | $61,021 |
| 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 | $1,370,773 |
| 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 | $743,766 |
| Pension plan accruals and contributions | $10,322 |
| Other employee benefits | $0 |
| Payroll taxes | $79,891 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,444 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,654 |
| Office expenses | $34,119 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $99,298 |
| Travel | $20,726 |
| 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 | $22,579 |
| Insurance | $0 |
| All other expenses | $108,626 |
| Total functional expenses | $1,362,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $137,791 |
| Savings and temporary cash investments | $233,937 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $319 |
| Net Land, buildings, and equipment | $508,468 |
| Investments—publicly traded securities | $830,546 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $150 |
| Total assets | $1,711,211 |
| Accounts payable and accrued expenses | $0 |
| 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 | $13,251 |
| Total liabilities | $13,251 |
| Net assets without donor restrictions | $1,697,960 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,711,211 |