LAS VEGAS GLOBAL ECONOMIC ALLIANCE

EIN: 880070996

LAS VEGAS, NV

Total Revenue
$3,743,236
Total Expenses
$4,675,370
Total Assets
$4,021,044
Net Assets
$2,945,677
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
NV
Principal Officer
ELIZABETH FRETWELL
Phone
7027910000
Tax Period
2024-01-01 to 2024-12-31

LAS VEGAS GLOBAL ECONOMIC ALLIANCE, founded in 1956, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $4.7M exceeded revenue, resulting in a 25% operating deficit.

Mission

TO GROW THE ECONOMY OF SOUTHERN NEVADA

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,335,258
Program Service Revenue $298,704
Investment Income $109,274
Other Revenue $0
TOTAL REVENUE $3,743,236

Expense Breakdown

Grants Paid $135,878
Salaries & Benefits $1,856,270
Fundraising Expenses $0
Other Expenses $2,683,222
TOTAL EXPENSES $4,675,370

Year-over-Year Comparison

2024 2023 Change
Revenue $3,743,236 $4,904,903 -0.2%
Expenses $4,675,370 $3,909,155 +0.2%
Net Income $-932,134 $995,748 -1.9%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
55
Independent Members
55
Employees
23
Volunteers
55

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
10
$507,892
Total Directors
55
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURI PERDUE CHAIR 1.00
Officer Director
$0 $0 $0
BRIAN KLEVEN VICE CHAIR 1.00
Officer Director
$0 $0 $0
CLARK WOOD IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
MIKE VERVILLE CHAIR - FINANCE COMMITTEE 1.00
Officer Director
$0 $0 $0
KAREN HALLER CHAIR - COMPENSATION 1.00
Officer Director
$0 $0 $0
IVAN FERRAZ CHAIR - PLANNING & BUSINESS DEVELOPMENT 1.00
Officer Director
$0 $0 $0
MICHAEL BONNER CHAIR - NOMINATING & GOVERNANCE 1.00
Officer Director
$0 $0 $0
MOLLY HAMRICK CHAIR - POLICY 1.00
Officer Director
$0 $0 $0
DR KUMUD ACHARYA DIRECTOR 1.00
Director
$0 $0 $0
WES ADAMS DIRECTOR 1.00
Director
$0 $0 $0
JAYNE BACKHOUSE DIRECTOR 1.00
Director
$0 $0 $0
JOHN BAILEY DIRECTOR 1.00
Director
$0 $0 $0
RICHARD BENBOW III DIRECTOR 1.00
Director
$0 $0 $0
MARY BETH SEWALD DIRECTOR 1.00
Director
$0 $0 $0
KERRY BUBOLZ DIRECTOR 1.00
Director
$0 $0 $0
TOM BURNS DIRECTOR 1.00
Director
$0 $0 $0
JOHN CANNITO DIRECTOR 1.00
Director
$0 $0 $0
JUSTIN CARLEY DIRECTOR 1.00
Director
$0 $0 $0
GLENN CHRISTENSON DIRECTOR 1.00
Director
$0 $0 $0
ANDY CIARROCCHI DIRECTOR 1.00
Director
$0 $0 $0
MITCH CLOWARD DIRECTOR 1.00
Director
$0 $0 $0
DR RENEE COFFMAN DIRECTOR 1.00
Director
$0 $0 $0
RICK CRAWFORD DIRECTOR 1.00
Director
$0 $0 $0
JAIME CRUZ DIRECTOR 1.00
Director
$0 $0 $0
MILES DICKSON DIRECTOR 1.00
Director
$0 $0 $0
JOHN ENTSMINGER DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINA ERLING DIRECTOR 1.00
Director
$0 $0 $0
NIKKI FARGAS DIRECTOR 1.00
Director
$0 $0 $0
GREG GILBERT DIRECTOR 1.00
Director
$0 $0 $0
JOE HARDY DIRECTOR 1.00
Director
$0 $0 $0
DAVID HIRSCHFELD DIRECTOR 1.00
Director
$0 $0 $0
MIKE JANSSEN DIRECTOR 1.00
Director
$0 $0 $0
DR WILLIAM KIBLER DIRECTOR 1.00
Director
$0 $0 $0
KARLOS LASANE II DIRECTOR 1.00
Director
$0 $0 $0
ROBERT LEWIS DIRECTOR 1.00
Director
$0 $0 $0
FRANK MARTIN DIRECTOR 1.00
Director
$0 $0 $0
MJ MAYNARD DIRECTOR 1.00
Director
$0 $0 $0
ROSS MILLER DIRECTOR 1.00
Director
$0 $0 $0
SCOTT MUELRATH DIRECTOR 1.00
Director
$0 $0 $0
MIKE OLSON DIRECTOR 1.00
Director
$0 $0 $0
SHANNON PETERSEN DIRECTOR 1.00
Director
$0 $0 $0
TOM POWER DIRECTOR 1.00
Director
$0 $0 $0
DR ANDREW PRIEST DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE ROMERO DIRECTOR 1.00
Director
$0 $0 $0
TONY SANCHEZ DIRECTOR 1.00
Director
$0 $0 $0
KEVIN SCHILLER DIRECTOR 1.00
Director
$0 $0 $0
KIM SONERHOLM DIRECTOR 1.00
Director
$0 $0 $0
BRYANT THORNTON DIRECTOR 1.00
Director
$0 $0 $0
STEVE WESTERMAN DIRECTOR 1.00
Director
$0 $0 $0
DR KEITH WHITFIELD DIRECTOR 1.00
Director
$0 $0 $0
BRIAN WOLF DIRECTOR 1.00
Director
$0 $0 $0
FRANK WOODBECK DIRECTOR 1.00
Director
$0 $0 $0
STEVE ZANELLA DIRECTOR 1.00
Director
$0 $0 $0
DR DERIONNE POLLARD AT LARGE DIRECTOR 1.00
Director
$0 $0 $0
DENETTE SUDDETH AT LARGE DIRECTOR 1.00
Director
$0 $0 $0
TINA QUIGLEY CHIEF EXECUTIVE OFFICER 40.00
Officer
$276,035 $12,873 $288,908
AMBER STIDHAM CHIEF OPERATIONS OFFICER 40.00
Officer
$215,554 $3,430 $218,984
HEATHER BROWN SVP, BUSINESS DEVELOPMENT 40.00
Highest
$128,622 $5,286 $133,908
BROOKE MALONE VP, INVESTOR RELATIONS 40.00
Highest
$109,593 $10,277 $119,870
MICHAEL WALSH VP, BUSINESS DEVELOPMENT 40.00
Highest
$105,827 $5,778 $111,605
MITCHELL KEENAN SVP, BUSINESS DEVELOPMENT 40.00
Highest
$103,326 $7,474 $110,800
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $3,743,236 $4,675,370 $4,021,044 $-932,134
2023 $4,904,903 $3,909,155 $5,603,825 $995,748
2022 $3,497,807 $3,392,201 $4,178,893 $105,606
2021 $3,404,617 $2,867,730 $3,355,309 $536,887
2020 $3,041,600 $2,845,340 $2,976,222 $196,260
2019 $3,406,891 $2,994,744 $2,761,724 $412,147
2018 $3,287,917 $2,923,679 $2,404,778 $364,238
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