Western Massachusetts Springfield Chapter National Electric Contract
- Assets
- $285.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Springfield, MA
- Founding
- 08/1972
- Data as of
- 12/2021
- EIN
- 04-2160716
Organization Overview
Western Massachusetts Springfield Chapter National Electric Contract is located in Springfield, MA. The organization was established in 1972. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Western Massachusetts Springfield Chapter National Electric Contract is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Western Massachusetts Springfield Chapter National Electric Contract generated $134.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $254.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE INDUSTRY RELATIONS
Describe the Organization's Program Activity:
Part 3
REPRESENT LOCAL AREA CONTRACTORS WITH THE NATIONAL ASSOCIATION OF ELECTRICAL CONTRACTORS; ARRANGE AND PROMOTE MEETINGS OF CONTRACTORS
PROMOTE COLLECTIVE BARGAINING; ESTABLISH WAGES, HOURS AND WORK CONDITIONS.
PROVIDE PRACTICAL TRAINING FOR APPRENTICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael G Mcdonough Manager | 10 | $34,238 | |
Thomas Schmitt Treasurer | 1 | $0 | |
Dennis Roberts Vice President | 1 | $0 | |
Steven Lynch President | 1 | $0 | |
Mike Quinn Director | 1 | $0 | |
Larry Eagan Governor | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $120,687 |
| Investment income | $1,063 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $12,672 |
| Total Revenue | $134,422 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $290 |
| Salaries, other compensation, and employee benefits | $21,452 |
| Professional fees and other payments to independent contractors | $159,765 |
| Occupancy, rent, utilities, and maintenance | $3,180 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $70,054 |
| Total expenses | $254,741 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $264,914 |
| Other assets | $0 |
| Total assets | $285,186 |
| Total liabilities | $1,782 |
| Net assets or fund balances | $283,404 |
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