Finger Lakes Ny Chapter Neca
- Assets
- $1.6m
- Revenue
- $829.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Liverpool, NY
- Founding
- 06/1958
- Data as of
- 12/2020
- EIN
- 16-0841703
Organization Overview
Finger Lakes Ny Chapter Neca is located in Liverpool, NY. The organization was established in 1958. According to its NTEE Classification (J01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Employment and related organizations. As of 12/2020, Finger Lakes NY Chapter Neca employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Finger Lakes NY Chapter Neca 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 12/2020, Finger Lakes NY Chapter Neca generated $829.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $571.3k during the year ending 12/2020. While expenses have increased by 3.2% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE ELECTRICAL INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE ELECTRICAL INDUSTRY.
TO PROMOTE THE ELECTRICAL INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marilyn Oppedisano Chapter Mgr | Officer | 40 | $115,500 |
Daniel Bilow Treasurer | OfficerTrustee | $0 | |
James Engler President | OfficerTrustee | $0 | |
Glenn Sweeney Governor | OfficerTrustee | $0 | |
Joseph Lormand Vice Preside | Trustee | $0 | |
Randy Knapp Director | Trustee | $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 | $720,577 |
| Investment income | $97,970 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,619 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $829,244 |
| 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. | $115,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $103,121 |
| Pension plan accruals and contributions | $18,410 |
| Other employee benefits | $68,434 |
| Payroll taxes | $16,247 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,435 |
| Fees for services: Accounting | $13,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,803 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,196 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $61,172 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,397 |
| Insurance | $0 |
| All other expenses | $54,771 |
| Total functional expenses | $571,342 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $288,212 |
| Savings and temporary cash investments | $109,722 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $111,087 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $427,554 |
| Investments—publicly traded securities | $641,635 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $899 |
| Total assets | $1,579,109 |
| Accounts payable and accrued expenses | $98,029 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $98,029 |
| Net assets without donor restrictions | $1,481,080 |
| 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 | $1,579,109 |
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