Greater Las Vegas Association of Realtors
Nonprofit profile at a glance
- EIN
- 880109016
- IRS 990 coverage
- 2018–2025
- Forms available
- Form 990 2025
- Location
- Las Vegas, NV, USA
- Phone
- 7023803100
- Rating
- 49
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Real Estate Associations
Reported finances
- Revenue
- $12,077,569
- Expenses
- $8,366,455
- Assets
- $49,613,383
- Liabilities
- $10,099,572
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
25 people listed
Executive titles in this filing
- WENDY DIVECCHIO (2024 CEO)
- GEORGE KYPREOS (PRESIDENT)
Highest reported compensation
- STEPHANIE HILL (MLS DIR/INTE): $372,969 total reported compensation
- DANIEL HARRIS (2024 COO): $253,181 total reported compensation
- GLORIA JOHNSON (CONTROLLER): $246,403 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The greater las vegas association of realtors (the "association") is a not-for-profit trade association established for the benefit of its participating members who are realtors in the las vegas, Nevada, metropolitan area. Member services, the association's sole program activity, includes providing members with access to real estate listing services, i.e., databases that supply selling AIDS and information about the las vegas real estate market to, and sponsoring educational seminars for its members (realtors).
Operating model
- Revenue model
- Earned-program. 75% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 78
- Accountability: 96
- Sustainability: 70
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 7th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 82.6%; rating input score 83; 24th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 92.9%; rating input score 93; 22nd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 30.7%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 5.93; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0.2; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 22%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 3% per year; rating input score 100; 23rd percentile among comparable filings
- Asset growth: 8.6% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 13 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $373K · 25 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.1M reported
- Consistency: 12 of 14 current checks pass · 2 findings to review
- Schedules: 7 filed schedules · includes grants, executive pay, and related organizations
- Filing history: 8 filing years from 2018 to 2025
- Contacts: How to reach this organization
- Money network: 15 filed money-flow records
- Related organizations: 3 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 4/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.