Skip to content
Nonprofiteer
← GREATER LAS VEGAS ASSOCIATION OF REALTORS

Form 990 for tax year 2024

Filed by GREATER LAS VEGAS ASSOCIATION OF REALTORS.

Totals

Total revenue
$12,723,631
Total expenses
$8,916,187
Contributions and grants received
$65,590
Grants paid
$95,659
Program service revenue
$9,380,581
Investment income
$2,954,443
Other revenue
$323,017
Total assets, end of year
$53,648,835
Total liabilities, end of year
$18,137,847
Net assets or fund balances, end of year
$35,510,988
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $65,590

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $8,770,553 · related or exempt $8,770,553

  • 2b · Program service revenue: MEMBERSHIP MEETINGS AND EVENT

    total $365,757 · related or exempt $365,757

  • 2c · Program service revenue: MEMBERSHIP EDUCATION

    total $239,071 · related or exempt $239,071

  • 2d · Program service revenue: PROFESSIONAL STANDARDS

    total $5,200 · related or exempt $5,200

  • 3 · Investment income

    total $2,954,443 · excluded $2,954,443

  • 6a · Gross rents

    real property $175,446

  • 6c · Rental income or loss

    real property $175,446

  • 6d · Net rental income or loss

    total $175,446 · unrelated business $175,446

  • 10a · Gross sales of inventory

    $365,005

  • 10b · Cost of goods sold

    $251,858

  • 10c · Net income from sales of inventory

    total $113,147 · excluded $113,147

  • 11a · Other revenue: ADVERTISING

    total $24,900 · unrelated business $24,900

  • 11b · Other revenue: OTHER INCOME

    total $9,524 · excluded $9,524

  • 11e · Other revenue, total

    $34,424

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $95,659

  • 5 · Compensation of officers, directors and key employees

    total $1,316,421

  • 7 · Other salaries and wages

    total $2,781,978

  • 8 · Pension plan contributions

    total $187,279

  • 9 · Other employee benefits

    total $286,715

  • 10 · Payroll taxes

    total $299,436

  • 11b · Fees: legal

    total $535,826

  • 11c · Fees: accounting

    total $174,650

  • 11f · Fees: investment management

    total $104,144

  • 11g · Fees: other

    total $348,150

  • 12 · Advertising and promotion

    total $421,613

  • 13 · Office expenses

    total $912,934

  • 14 · Information technology

    total $114,660

  • 16 · Occupancy

    total $467,579

  • 17 · Travel

    total $977,483

  • 19 · Conferences, conventions and meetings

    total $303,899

  • 20 · Interest

    total $368,866

  • 22 · Depreciation, depletion and amortization

    total $564,990

  • 23 · Insurance

    total $132,114

  • 24a · Other expenses: ACCESS FEES AND SUPPLIES

    total $1,932,611

  • 24b · Other expenses: TAXES

    total $113,139

  • 24c · Other expenses: AWARDS

    total $86,137

  • 24d · Other expenses: MISCELLANEOUS

    total $21,969

  • 24e · All other expenses

    total -$3,632,065

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,181,945 · end of year $1,334,280

  • 2 · Savings and temporary cash investments

    beginning of year $16,077,742 · end of year $15,337,776

  • 4 · Accounts receivable

    beginning of year $580,049 · end of year $479,994

  • 8 · Inventories for sale or use

    beginning of year $126,545 · end of year $98,435

  • 9 · Prepaid expenses and deferred charges

    beginning of year $270,026 · end of year $188,545

  • 10a · Land, buildings and equipment: cost or other basis

    $15,727,440

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,743,207

  • 10c · Land, buildings and equipment, net

    beginning of year $12,299,546 · end of year $11,984,233

  • 11 · Investments: publicly traded securities

    beginning of year $19,593,344 · end of year $24,210,135

  • 15 · Other assets

    beginning of year $38,359 · end of year $15,437

  • 17 · Accounts payable and accrued expenses

    beginning of year $789,719 · end of year $740,773

  • 19 · Deferred revenue

    beginning of year $3,578,635 · end of year $3,451,148

  • 22 · Loans and payables to officers and key people

    beginning of year $4,984,630 · end of year $4,991,986

  • 23 · Secured mortgages and notes payable

    beginning of year $8,089,779 · end of year $7,744,418

  • 25 · Other liabilities

    beginning of year $1,249,707 · end of year $1,209,522

  • 27 · Net assets without donor restrictions

    beginning of year $31,475,086 · end of year $35,510,988

Mission and programs · 2024

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).

  • 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).

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Wendy Divecchio See Sch O

    2024 CEO

    Total calculated
    $489,929
    From this org
    $452,332
    From related orgs
    $0
    Other
    $37,597
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $452,332
    Bonus
    not reported
    Other
    not reported
    Deferred
    $27,051
    Nontaxable benefits
    $10,546
    Filer's total
    $489,929
  • Daniel Harris See Sch O

    2024 COO

    Total calculated
    $315,993
    From this org
    $278,075
    From related orgs
    $0
    Other
    $37,918
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $278,075
    Bonus
    not reported
    Other
    not reported
    Deferred
    $18,386
    Nontaxable benefits
    $19,532
    Filer's total
    $315,993
  • Stephanie Hill See Sch O

    MLS DIR/INTE

    Total calculated
    $243,442
    From this org
    $217,099
    From related orgs
    $0
    Other
    $26,343
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $217,099
    Bonus
    not reported
    Other
    not reported
    Deferred
    $11,643
    Nontaxable benefits
    $14,700
    Filer's total
    $243,442
  • Gloria Johnson See Sch O

    CONTROLLER

    Total calculated
    $227,807
    From this org
    $201,155
    From related orgs
    $0
    Other
    $26,652
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $201,155
    Bonus
    not reported
    Other
    not reported
    Deferred
    $17,199
    Nontaxable benefits
    $9,453
    Filer's total
    $227,807
  • Krista Baker See Sch O

    VP OF MEMBER

    Total calculated
    $220,124
    From this org
    $183,569
    From related orgs
    $0
    Other
    $36,555
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $183,569
    Bonus
    not reported
    Other
    not reported
    Deferred
    $26,009
    Nontaxable benefits
    $10,546
    Filer's total
    $220,124
  • Jeffrey Yerger See Sch O

    CHIEF SECURI

    Total calculated
    $192,112
    From this org
    $156,988
    From related orgs
    $0
    Other
    $35,124
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $156,988
    Bonus
    not reported
    Other
    not reported
    Deferred
    $20,272
    Nontaxable benefits
    $14,852
    Filer's total
    $192,112
  • Austin Williamson See Sch O

    UX/UI DESIGN

    Total calculated
    $147,818
    From this org
    $128,065
    From related orgs
    $0
    Other
    $19,753
    Hours/week
    30 + 10 related
  • Robbin Balogh See Sch O

    EXEC ASSIST

    Total calculated
    $139,037
    From this org
    $114,818
    From related orgs
    $0
    Other
    $24,219
    Hours/week
    30 + 10 related
  • Merri Perry

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Joshua Campa

    PRESIDENT EL

    Total calculated
    $0
    Hours/week
    2
  • Lee Barrett See Sch O

    PAST PRESIDE

    Total calculated
    $32,750
    From this org
    $32,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    2 + 2 related
  • Nancy Anderson See Sch O

    TREASURER

    Total calculated
    $6,500
    From this org
    $6,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Christopher McGarey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Noah Herrera

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • George Kypreos

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Robert Morganti

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Chantel Tilley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Allexandra Glassman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Shane Nguyen

    DIRECTOR THR

    Total calculated
    $0
    Hours/week
    2
  • Susan Brock

    DIRECTOR THR

    Total calculated
    $0
    Hours/week
    2
  • John Fleckenstein

    DIRECTOR THR

    Total calculated
    $0
    Hours/week
    2
  • Geoffrey Lavell

    DIRECTOR THR

    Total calculated
    $0
    Hours/week
    2
  • Krystal Sherry

    DIRECTOR THR

    Total calculated
    $0
    Hours/week
    2
  • Britney Gaitan

    DIRECTOR THR

    Total calculated
    $0
    Hours/week
    2
  • Jacqueline Dutt

    PARLIAMENTAR

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • GLVAR MLS

    MLS DUES · NV

Provenance

Return type
form_990
Tax year
2024
Filed
10 July 2025
IRS schema version
2024v5.0
Source object
202511919349301501

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.