Massachusetts Electrical Contractors Association Inc
- Assets
- $586.4k
- Revenue
- $581.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Dedham, MA
- Founding
- 12/1974
- Data as of
- 12/2023
- EIN
- 04-2002840
Organization Overview
Massachusetts Electrical Contractors Association Inc is located in Dedham, MA. The organization was established in 1974. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Massachusetts Electrical Contractors Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Electrical Contractors Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Massachusetts Electrical Contractors Association Inc generated $581.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $277.4k during the year ending 12/2023. While expenses have increased by 5.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE BENEFITS TO MEMBERS AND PROMOTE PUBLIC SAFETY
Describe the Organization's Program Activity:
Part 3 - Line 4a
MECA DEVELOPS EDUCATIONAL CLASSES AND SEMINARS THROUGHOUT THE YEAR TO UPDATE MEMBERS ON NEW CODE REGULATIONS AND PROFESSIONAL DEVELOPMENT. IN 2023 MECA HELD THREE SEMINARS/CLASSES IN 15-HOUR CODE SEMINAR AND TWOIN 6 HOUR PROFESSIONAL DEVELOPMENT. THERE WAS A TOTAL OF 99 PARTICIPANTS IN ALL THE CLASSES/SEMINARS.
PROVIDES SERVICES TO ABOUT 380 MEMBERS--OFFERING INSURANCE, PUBLISHING A SEMIANNUAL NEWSLETTER SENT TO APPROXIMATELY 424 RECIPIENTS ON THE INDUSTRY AND ASSOCIATION, PRINTING AN ANNUAL DIRECTORY OF ALL MEMBERS AND NETWORKING OPPORTUNITIES AT THE MONTHLY REGIONAL MEETINGS AND THE ANNUAL MEETING.
ONE OF MECA'S PRIMARY RESPONSIBILITIES IS TO TRACK REGULATIONS THAT EFFECT THE ELECTRICIAN'S TRADE AND TRACK TRENDS TO PROTECT BUSINESS AND RIGHT TO WORK. MECA WORKED DILIGENTLY ON SEVERAL HOUSE BILLS THAT RELATE TO THE ELECTRICAL INDUSTRY. MECA WORKED IN PARTNERSHIP WITH OTHER ORGANIZATIONS AND ASSOCIATIONS IN ORDER TO COLLABORATE CRITICAL CHANGES IN NUMEROUS HOUSE AND SENATE BILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Bennett President | OfficerTrustee | 5 | $0 |
David Mcarthur Vice President | OfficerTrustee | 2 | $0 |
Mark Flores Vice President | OfficerTrustee | 2 | $0 |
Larry Scarnici Secretary | OfficerTrustee | 2 | $0 |
Dan Cleary Treasurer | OfficerTrustee | 2 | $0 |
Sam Doucet Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $76,177 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $495,288 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $581,694 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $128,528 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,919 |
| Payroll taxes | $10,688 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,811 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $690 |
| Advertising and promotion | $2,509 |
| Office expenses | $6,439 |
| Information technology | $2,956 |
| Royalties | $0 |
| Occupancy | $40,946 |
| Travel | $1,105 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,603 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $885 |
| Insurance | $5,880 |
| All other expenses | $437 |
| Total functional expenses | $277,351 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $434,935 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,653 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $114,487 |
| Prepaid expenses and deferred charges | $5,742 |
| Net Land, buildings, and equipment | $3,256 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,288 |
| Total assets | $586,361 |
| Accounts payable and accrued expenses | $18,255 |
| Grants payable | $0 |
| Deferred revenue | $9,101 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3 |
| Total liabilities | $27,359 |
| Net assets without donor restrictions | $559,002 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $586,361 |