ELKO COUNTY ASSOCIATION OF REALTORS ELKO COUNTY ASSOCIATON OF REALTORS

EIN: 942737965

ELKO, NV

Total Revenue
$452,096
Total Expenses
$446,226
Total Assets
$592,213
Net Assets
$586,603
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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
1981
Legal Domicile
NV
Principal Officer
TONY ODEH
Phone
7757382395
Tax Period
2024-01-01 to 2024-12-31

ELKO COUNTY ASSOCIATION OF REALTORS ELKO COUNTY ASSOCIATON OF REALTORS, founded in 1981, is a small nonprofit that reported $452K in total revenue in fiscal year 2024.

Mission

THE ORGANIZATION PROVIDES EDUCATION AND TRAINING THROUGH ASSOCIATION MEETINGS, SEMINARS, CLASSES, COMMON FORMS, ETC. TO ITS MEMBERS. THE BOARD PROVIDES SCHOLARSHIPS AND HELPS RAISE MONEY FOR SPECIAL CAUSES SUCH AS THE MAKE-A-WISH FOUNDATION AND GOODWILL INDUSTRIES. THE ORGANIZATION ALSO PROVIDES A MULTIPLE LISTING SERVICE FOR REALTORS AND RENTS LOCK BOXES.

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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 $153,807
Program Service Revenue $189,536
Investment Income $10,987
Other Revenue $97,766
TOTAL REVENUE $452,096

Expense Breakdown

Grants Paid $0
Salaries & Benefits $90,079
Fundraising Expenses $0
Other Expenses $356,147
TOTAL EXPENSES $446,226

Year-over-Year Comparison

2024 2023 Change
Revenue $452,096 $460,524 0.0%
Expenses $446,226 $417,578 +0.1%
Net Income $5,870 $42,946 -0.9%
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
12
Independent Members
12
Employees
2
Volunteers
N/A

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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BENJAMIN CORTEZ DIRECTOR N/A
Director
$0 $0 $0
KRISTINA GARCIA-DRAKE SECRETARY N/A
Officer Director
$0 $0 $0
JAREN JOHNSTON PRESIDENT EL N/A
Officer Director
$0 $0 $0
HATTIE LANNIN-BRESCHINI TREASURER N/A
Officer Director
$0 $0 $0
LORENA LISSOLO DIRECTOR N/A
Director
$0 $0 $0
CARMAN MATLOCK DIRECTOR N/A
Director
$0 $0 $0
TONY ODEH PRESIDENT N/A
Officer Director
$0 $0 $0
SIERRA PETERSEN DIRECTOR N/A
Director
$0 $0 $0
JULIE RIJ DIRECTOR N/A
Director
$0 $0 $0
GABREILLA SPRINGS DIRECTOR N/A
Director
$0 $0 $0
SUSAN STRONG DIRECTOR N/A
Director
$0 $0 $0
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 $452,096 $446,226 $592,213 $5,870
2023 $460,524 $417,578 $582,033 $42,946
2022 $417,515 $355,124 $527,481 $62,391
2021 $377,815 $319,265 $485,207 $58,550
2020 $324,266 $246,161 $424,905 $78,105
2019 $364,288 $274,176 $292,984 $90,112
2018 $295,539 $243,624 $200,465 $51,915
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