Form 990 for tax year 2023
Filed by GREATER LAS VEGAS CHAMBER OF COMMERCE INC.
Totals
- Total revenue
- $5,642,881
- Total expenses
- $6,070,516
- Contributions and grants received
- $3,162,103
- Grants paid
- $0
- Program service revenue
- $1,731,273
- Investment income
- $259,011
- Other revenue
- $490,494
- Total assets, end of year
- $10,673,176
- Total liabilities, end of year
- $2,474,243
- Net assets or fund balances, end of year
- $8,198,933
- 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.
-
1b · Membership dues
$3,098,696
-
1e · Government grants (contributions)
$37,525
-
1f · All other contributions, gifts and grants
$25,882
-
2a · Program service revenue: Event Sponsorships
total $1,022,893 · related or exempt $1,022,893
-
2b · Program service revenue: Membership Services
total $708,380 · related or exempt $708,380
-
3 · Investment income
total $259,907 · excluded $259,907
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $203,193
-
6c · Rental income or loss
real property $203,193
-
6d · Net rental income or loss
total $203,193 · related or exempt $203,193
-
7a · Gross sales of assets other than inventory
securities $230,000
-
7b · Less cost or other basis and sales expenses
securities $230,896
-
7c · Gain or loss
securities -$896
-
7d · Net gain or loss
total -$896 · related or exempt -$896
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Advertising Income
total $129,510 · unrelated business $129,510
-
11b · Other revenue: Other Revenue
total $157,791 · related or exempt $157,791
-
11e · Other revenue, total
$287,301
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $1,546,060
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $810,071
-
8 · Pension plan contributions
total $140,114
-
9 · Other employee benefits
total $167,897
-
10 · Payroll taxes
total $211,917
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $294,000
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $30,000
-
11g · Fees: other
total $127,746
-
12 · Advertising and promotion
total $19,176
-
13 · Office expenses
total $32,970
-
14 · Information technology
total $93,351
-
15 · Royalties
total $0
-
16 · Occupancy
total $200,552
-
17 · Travel
total $666,122
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $101,502
-
23 · Insurance
total $37,220
-
24a · Other expenses: Activity Expenses
total $578,700
-
24b · Other expenses: Commissions
total $416,498
-
24c · Other expenses: Barter Expense
total $274,842
-
24d · Other expenses: Licenses and Fees
total $90,139
-
24e · All other expenses
total $231,639
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $506,871 · end of year $289,842
-
2 · Savings and temporary cash investments
beginning of year $160,165 · end of year $36,854
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $10,136 · end of year $75,665
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
beginning of year $46,149 · end of year $11,112
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $338,243 · end of year $130,519
-
10a · Land, buildings and equipment: cost or other basis
$1,304,539
-
10b · Land, buildings and equipment: accumulated depreciation
$1,203,829
-
10c · Land, buildings and equipment, net
beginning of year $172,633 · end of year $100,710
-
11 · Investments: publicly traded securities
beginning of year $7,445,838 · end of year $8,555,597
-
12 · Investments: other securities
beginning of year $1,064,042 · end of year $1,103,289
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $291,985 · end of year $369,588
-
17 · Accounts payable and accrued expenses
beginning of year $523,768 · end of year $458,442
-
19 · Deferred revenue
beginning of year $1,713,006 · end of year $1,822,072
-
25 · Other liabilities
beginning of year $171,940 · end of year $193,729
-
27 · Net assets without donor restrictions
beginning of year $7,627,348 · end of year $8,198,933
Mission and programs · 2023
Mission
To strengthen, enhance, and protect business in Nevada.
Activities or mission (Part I)
The mission of the Las Vegas Chamber of Commerce is to strengthen, enhance and protect business in Nevada. The Chamber is committed to creating an environment that promotes business, thereby stregthening the community.
-
Meetings held to educate businesses on current topics, to promote community awareness, and to provide networking opportunities.
-
Distributing guides, newspapers, pamphlets, brochures, etc. to mail, give or sell to visitors and the general pulic to promote Las Vegas businesses.
-
Research related to understanding governments impact on Nevada business and representation of Nevada interests in state government.
As filed on the 2023 return.
Listed in Part VII
-
Mary Beth Sewald
President & CEO
- Total calculated
- $491,127
- From this org
- $480,467
- From related orgs
- $0
- Other
- $10,660
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $480,467
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $10,660
- Filer's total
- $491,127
-
Paul Moradkhan
Sr VP Gov't Aff
- Total calculated
- $274,063
- From this org
- $269,560
- From related orgs
- $0
- Other
- $4,503
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $269,560
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $4,503
- Filer's total
- $274,063
-
David Kellerman
COO
- Total calculated
- $260,158
- From this org
- $248,950
- From related orgs
- $0
- Other
- $11,208
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $248,950
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $11,208
- Filer's total
- $260,158
-
Jose Valle
VP Membership
- Total calculated
- $199,817
- From this org
- $181,702
- From related orgs
- $0
- Other
- $18,115
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $181,702
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $18,115
- Filer's total
- $199,817
-
Cara Hansen-Clarke
VP Communicatio
- Total calculated
- $127,656
- From this org
- $91,064
- From related orgs
- $30,354
- Other
- $6,238
- Hours/week
- 30 + 10 related
-
Jim Andres
VP Human Resour
- Total calculated
- $118,160
- From this org
- $110,869
- From related orgs
- $0
- Other
- $7,291
- Hours/week
- 40
-
Rosemary Evans
VP Marketing
- Total calculated
- $106,992
- From this org
- $106,992
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Richard Goodman
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Chuck Ley
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Emily Prazer
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Michael Feder
Past Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Gina Bongiovi
Exec Committee
- Total calculated
- $0
- Hours/week
- 1
-
Betsy Fretwell
Exec Committee
- Total calculated
- $0
- Hours/week
- 1
-
Bill Nelson
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jaime Cruz
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Bryant Thornton
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Brandon Barkhuff
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Janet Uthman
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Robert Novotny
Chair Elect
- Total calculated
- $0
- Hours/week
- 1
-
Chase Rankin
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Chris Wilcox
Exec Committee
- Total calculated
- $0
- Hours/week
- 1
-
Jeremy Aguero
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Danielle Bisterfeldt
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Keith Whitfield
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Ellen Schulhofer
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Joyce Smith
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Hugh Anderson
Exec Committee
- Total calculated
- $0
- Hours/week
- 1
-
Jan Jones-Blackhurst
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Justin Brown
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Michael Crome
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Karla Perez
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Michael Woodfield
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Kerry Bubolz
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Larry Singer
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Lori Nelson-Kraft
Exec Committee
- Total calculated
- $0
- Hours/week
- 1
-
Michael Bolgnini
Exec Committee
- Total calculated
- $0
- Hours/week
- 1
-
Ondra Berry
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Paul Anderson
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Dr Rex F Liu
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Ryan Woodward
Exec Committee
- Total calculated
- $0
- Hours/week
- 1
-
Shaundell Newsome
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Teresa DiLoreto
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Terry Shirey
Exec Committee
- Total calculated
- $0
- Hours/week
- 1
-
Tina Quigley
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Tyler Corder
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Vincent Ciminise
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Victor Fuchs
Trustee
- Total calculated
- $0
- Hours/week
- 1
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 · 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
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Leadership Foundation of Greater Las Veg
501(c)(3) · Leadership and Professional Groups · NV
-
Las Vegas Chamber of Commerce Bizpac Fun
527 · Political Action Efforts · NV
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.
-
Chamber Insurance & Benefits LLC
C Corp · Insurance Marketing · NV · 100% owned · controlled entity
Directly controlled by Greater Las Vegas Ch
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443209349307824
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.