Nevada Bankers Association
Nonprofit profile at a glance
- EIN
- 880038255
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Las Vegas, NV, USA
- Phone
- 7023408333
- Rating confidence
- Limited
Reported finances
- Revenue
- $924,585
- Expenses
- $762,024
- Assets
- $1,933,797
- Liabilities
- $403,866
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- PHYLLIS A GURGEVICH (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- PHYLLIS A GURGEVICH (CHIEF EXECUTIVE OFFICER): $219,477 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
(a)to promote the general welfare and usefulness of banks and banking institutions;(b)to promote and foster the interests of the banking industry;(c)to provide a forum for the discussion of matters of general interest to its members;(d)to promote cooperation between the Nevada banking industry and federal, state, and other governmental agencies;(e)to promote better understanding between this association and the american bankers association;(f)to provide a means for the study of the problems of banking;(g)to purchase, acquire, hold, use, sell, exchange, assign, convey, lease, dispose of mortgage or hypothecate or encumber real and personal property;(h)to do all such lawful acts and things necessary to promote the general welfare of the industry;(i)to have and exercise all of the necessary and proper power, privileges, rights conferred by the laws of the state of Nevada on non-profit corporations.
What it reported doing in 2024
To build relationship between the Nevada banking industry and other governmental agencies and to promote better understanding between the association and the american bankers association
Operating model
- Revenue model
- Earned-program. 61% 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 71
- Accountability: 69
- Sustainability: 60
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 17.6%; rating input score 73; 73rd percentile among comparable filings
- Total-asset coverage ratio: 2.54; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 28.8%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 5.1% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: 22.4% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 9 board members independent · 2 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $762K in reported program spending
- Leadership: top reported pay $219K · 13 people listed · 2 of 6 pay-setting controls reported
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Sustainability: Officer compensation ratio scored 7/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.