Nevada Insurance Council
Nonprofit profile at a glance
- EIN
- 860884884
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Henderson, NV, USA
- Phone
- 7027985156
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $60,750
- Expenses
- $51,546
- Assets
- $127,258
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- VICTORIA STEWART (PRESIDENT)
People named in this filing
- VICTORIA STEWART (PRESIDENT)
- ADRIANA ZERIO (SECRETARY)
- MICHAEL GEESER (TREASURER &)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Nevada insurance council (nic) was founded in 1980 by bob feldman of Nevada general insurance. The nic consisted of local and national insurance executives from both large and small insurers. It also included a variety of trade associations and vendors involved in automotive, home, finance and other insurance related consumer products. Nic members insured more than 80% of automobiles and homes in Nevada. The trade's efforts over the years have focused on auto theft, insurance fraud, flood, wildfire awareness, uninsured motorists and disasters affecting consumers. In addition, nic conducted public relations efforts, primarily in southern Nevada. Going forward the trade will continue its public relations efforts but also focus on legislative and regulatory advocacy on behalf of its membership.
What it reported doing in 2024
Lobbying and government engagement at the state level advocating on behalf of the organization's membership.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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: 82
- Sustainability: 59
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 15.2%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 2.47; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -7.3% per year; rating input score 0; 29th percentile among comparable filings
- Asset growth: 10.7% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.