Las Vegas Monorail Company

Las Vegas Monorail Company Overview

Las Vegas Monorail Company is located in Las Vegas, NV. As of 12/2019, Las Vegas Monorail Company employed 161 individuals.

For the year ending 12/2019, Las Vegas Monorail Company generated $22.7m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $38.3m during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE PUBLIC TRANSPORTATION CONSISTENT WITH THE OVERALL TRANSPORTATION OBJECTIVES OF CLARK COUNTY, NEVADA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TICKET SALES - TICKET SALES ARE THE MAIN SOURCE OF REVENUE FOR THE LAS VEGAS MONORAIL COMPANY. THE ORGANIZATION SELLS TICKETS TO RIDERS OF THE MONORAIL TRANSPORTATION SYSTEM, WHICH CARRIED 4,635,663 RIDERS IN 2019.


ADVERTISING - ADVERTISING IS A SECONDARY SOURCE OF REVENUE FOR THE LAS VEGAS MONORAIL COMPANY. THE ORGANIZATION SELLS SPACE TO ADVERTISERS ON THE TRAINS AND STATIONS.


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Las Vegas Monorail Company Board, Officers & Key Employees

Name (title)Compensation
Curtis L Myles III
President & CEO
$417,382
Peter Mccann
Sr VP & COO
$279,359
Ingrid Reisman
Sr VP Of Corp. Communications
$274,579
Barrick Neill
VP Of Operations
$244,015
Simeon Salzman
CFO
$174,346
Anthony Charles
It Director
$130,268

Las Vegas Monorail Company Vendors

Vendor Name (Service)Compensation
Stradling Yocca Carlson
Bond Counsel
$378,131
Umb Bank
Bond Trustee - 2019
$513,449
Wells Fargo Trustee
Bond Trustee - 2012
$467,167
Roller Bearing Company Of America
Train Bearings
$246,355
Willis Insurance Services
Insurance Premiums
$460,730
View All Vendors

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$22,517,442
Investment income $145,961
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 $22,663,403

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