To protect private property rights and enhance the success and profitability of the real estate profession.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
80¢ of each $1 spent went to programs.
Run by 250 volunteers and 9 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $593K a year · 10% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$288K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
3 mo
of spending, in cash
Plus $15.5M in investments, Pt X · Ln 11–13
Looks good: 3.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $12K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.5M
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
42
of 42 voting members
Looks good: 42 of 42 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.7M
+18% vs prior year
Spent
$7.1M
To programs
80%
Net assets
$17.5M
By yearFY2020–FY2024
Revenue
$6.7M
FY2024▲ +18%
Tap a bar for its year
Revenue by fiscal year
FY2020$5.3M
FY2021$6.4M
FY2022$5.8M
FY2023$5.7M
FY2024$6.7M
Expenses
$7.1M
FY2024▲ +26%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.6M
FY2021$4.0M
FY2022$6.6M
FY2023$5.6M
FY2024$7.1M
Net assets
$17.5M
FY2024▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$16.1M
FY2021$18.9M
FY2022$15.5M
FY2023$17.2M
FY2024$17.5M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1966.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $5.6M Management & general 20% · $1.4M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

42 people listed on the 990; $288K paid to officers and key staff.

Part VII, Section A · reportable compensation
$288,000Pt VII · Sec A
Nvr President
$0Pt VII · Sec A
Snr Past President
$0Pt VII · Sec A
Lvr Vice President
$0Pt VII · Sec A
Past Rvp
$0Pt VII · Sec A
Snr State Elected
$0Pt VII · Sec A
Ivr Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Teresa McKee—$302,551$313,450$275,470$268,490
Tiffany Banks$288,000$195,835———
Becky Blankenburg—$197,619$166,972$139,755$131,802
Kimberly Spiersch—$34,121———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Advocates for private property rights and supports real estate professionals across Nevada through industry advocacy, member services, and local association funding.

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Provided by the organization

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3 programs · $5.4M · in their own filed words · FY2024
01

Committees and Meetings

The legislative committee employes a lobbyist to monitor industry related legislation and issues. Other committees involve over 100 members.

$2.6Mprogram expense
02

Government Affairs Directors

Support of government affairs directors who work directly with local real estate boards.

$2.0Mprogram expense
03

Membership Services

Staff services benefiting membership at large including contributions and awards to members and state local associations.

$751Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$12K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$6.7M
Ln 12
Fees for servicesLn 2g$5.6M
Investment incomeLn 3$1.1M
Other incomeLn 4–11$36K
Money outPt IX
$7.1M
Ln 25
Programscol B$5.6M
Managementcol C$1.4M
Owns and owesPt X
$17.5M
net assets · Ln 32
Cash and savingsLn 1–2$1.8M
Total assetsLn 16$19.1M
LiabilitiesLn 26$1.5M
PeoplePt VI, VII
42
listed · VII A
PaidVII A1
Voting boardVI 1a42
IndependentVI 1b42
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$5.6M
Investment incomeLn 3$1.1M
Other incomeLn 4–11$36K
Gains on assetsLn 7$673K
Total revenueLn 12$6.7M
Assets in detailPt X, end of year
CashLn 1$935K
SavingsLn 2$871K
Cash and savings togetherLn 1–2$1.8M
InvestmentsLn 11–13$15.5M
Land, buildings, equipmentLn 10c$717K
Other assetsLn 15$16K
Total assetsLn 16$19.1M
LiabilitiesLn 26$1.5M
Net assetsLn 32$17.5M
OperationsPt I, VI
EmployeesI 59
VolunteersI 6250
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$3.4M$1.8M
InvestmentsLn 11–13$14.5M$15.5M
Land, buildings, equipmentLn 10c$593K$717K
Total assetsLn 16$18.7M$19.1M
LiabilitiesLn 26$1.5M$1.5M
Net assetsLn 32$17.2M$17.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$304K$122K$182K
Other salaries and wagesLn 7$437K$198K$239K
Other employee benefitsLn 9$62K$34K$28K
Payroll taxesLn 10$59K$30K$28K
Legal feesLn 11b$14K$14K
Accounting feesLn 11c$217K$217K
Other fees for servicesLn 11g$87K$87K
Office expensesLn 13$138K$138K
Conferences, conventions and meetingsLn 19$1.0M$1.0M
Depreciation, depletion and amortizationLn 22$38K$38K
Other expenses (24a–d)Ln 24$4.1M$4.0M$168K
All other expensesLn 24e$575K$278K$297K
Total functional expensesLn 25$7.1M$5.6M$1.4M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $6.7M$7.1M−$387K$17.5M 990 PDF
FY2023 $5.7M$5.6M$81K$17.2M 990 PDF
FY2022 $5.8M$6.6M−$771K$15.5M 990 PDF
FY2021 $6.4M$4.0M$2.3M$18.9M 990 PDF
FY2020 $5.3M$3.6M$1.7M$16.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $6,687,233 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $4,979,252$5,561,019
I-10 Investment incomePrior year $666,376$1,090,586
I-11 Other revenuePrior year $34,590$35,628
I-12 Total revenuePrior year $5,680,218$6,687,233
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,275,118$862,511
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $4,324,064$6,211,941
I-18 Total expensesPrior year $5,599,182$7,074,452
I-19 Revenue less expensesPrior year $81,036−$387,219
Part VI · Governance 42 of 42 board members independent, 1 to look at
VI-1a Voting members of the governing body42
VI-1b Independent voting members42
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $6,687,233 across 5 lines filed
Lines not itemized here account for $4,774,719 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $786,300$786,300
VIII-3 Investment incomeExcluded from tax $417,803$417,803
VIII-6 Net rental income or lossRelated to mission $35,628$35,628
VIII-7 Net gain or loss on sales of assetsRelated to mission $672,783$672,783
VIII-12 Total revenueRelated to mission $6,269,430 · Unrelated business $0 · Excluded from tax $417,803$6,687,233
Part IX · Statement of functional expenses $7,074,452 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $121,634 · Management $182,451$304,085
IX-7 Other salaries and wagesPrograms $197,879 · Management $239,490$437,369
IX-9 Other employee benefitsPrograms $33,991 · Management $28,479$62,470
IX-10 Payroll taxesPrograms $30,149 · Management $28,438$58,587
IX-11b Legal feesManagement $13,914$13,914
IX-11c Accounting feesManagement $217,190$217,190
IX-11g Other fees for servicesManagement $87,414$87,414
IX-13 Office expensesManagement $137,849$137,849
IX-19 Conferences, conventions and meetingsPrograms $1,009,468$1,009,468
IX-22 Depreciation, depletion and amortizationManagement $37,753$37,753
IX-24 Other expenses (24a–d)Programs $3,965,148 · Management $167,950$4,133,098
IX-24e All other expensesPrograms $277,827 · Management $297,428$575,255
IX-25 Total functional expensesPrograms $5,636,096 · Management $1,438,356 · Fundraising $0$7,074,452
Part X · Balance sheet $19,054,526 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $949,462$934,726
X-2 Savings and temporary cash investmentsStart of year $2,497,506$870,855
X-4 Accounts receivableStart of year $123,035$880,379
X-9 Prepaid expenses and deferred chargesStart of year $105,546$114,012
X-10c Land, buildings and equipment, netStart of year $593,272$716,831
X-11 Publicly traded securitiesStart of year $14,479,038$15,521,432
X-15 Other assetsStart of year $291$16,291
X-16 Total assetsStart of year $18,748,150$19,054,526
X-17 Accounts payable and accrued expensesStart of year $141,895$120,027
X-25 Other liabilitiesStart of year $1,367,315$1,395,479
X-26 Total liabilitiesStart of year $1,509,210$1,515,506
X-27 Net assets without donor restrictionsStart of year $17,238,940$17,539,020
X-32 Total net assets or fund balancesStart of year $17,238,940$17,539,020
X-33 Total liabilities and net assetsStart of year $18,748,150$19,054,526
Part XI · Reconciliation of net assets $17,539,020 net assets at year end
XI-1 Total revenue$6,687,233
XI-2 Total expenses$7,074,452
XI-3 Revenue less expenses−$387,219
XI-4 Net assets at start of year$17,238,940
XI-5 Net unrealized gains (losses) on investments$687,299
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$17,539,020

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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