International Association Of Electrical Inspectors
- Assets
- $2.2m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 15
- Location
- Richardson, TX
- Founding
- 01/1956
- Data as of
- 12/2021
- EIN
- 20-0307533
Organization Overview
International Association Of Electrical Inspectors is located in Richardson, TX. The organization was established in 1956. 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 12/2021, International Association Of Electrical Inspectors employed 15 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. International Association Of Electrical Inspectors 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 12/2021, International Association Of Electrical Inspectors generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
INTERNATIONAL ASSOCIATION OF ELECTRICAL INSPECTORS IS A NON-PROFIT TECHNICAL AND EDUCATIONAL ORGANIZATION OPERATING IN THE FORMULATION AND UNIFORM APPLICATION OF STANDARDS FOR THE SAFE INSTALLATION AND USE OF ELECTRICITY, AND COLLECTING AND DISSEMINATING INFORMATION RELATIVE THERETO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE INFORMATION BENEFITS REGARDING THE APPLICATION OF THE ELECTRICAL INDUSTRY'S CURRENT UNIFORM CODES FOR BOTH RESIDENTIAL AND COMMERCIAL USE OF ELECTRICITY TO APPROXIMATELY 8,251 MEMBERS. MEMBERSHIP BENEFITS ALSO INCLUDE DISCOUNTS ON ALL PUBLICATIONS, MATERIALS AND SEMINARS HELD.
PUBLISHING AND DISTRIBUTION OF APPROXIMATELY 35 PUBLICATIONS ON THE UNIFORM APPLICATION OF STANDARDS FOR THE SAFE INSTALLATION AND USE OF ELECTRICTY. PUBLICATIONS INCLUDE CURRENT GUIDELINES FOR THE PROPER INSTALLATION OF ELECTRICAL WIRING FOR BOTH RESIDENTIAL AND COMMERCIAL APPLICATIONS.
EDUCATIONAL AND CERTIFICATION SEMINARS ON THE UNIFORM STANDARDS FOR THE SAFE INSTALLATION AND USE OF ELECTRICITY IN BOTH RESIDENTIAL AND COMMERCIAL APPLICATIONS. APPROXIMATELY 62 SEMINARS WERE HELD FOR AN ESTIMATED 1,079 ATTENDEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rudolph Garza President And CEO | OfficerTrustee | 40 | $0 |
L Keith Lofland Director Of Technical Services | Officer | 40 | $0 |
Laura L Hildreth Editor In Chief - Iaei News Magazine | Officer | 40 | $0 |
See Attached List Of Other Non-Compensated Board Members | Trustee | 20 | $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 | $250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $250 |
| Total Program Service Revenue | $1,595,062 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $18,114 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,791,203 |
| 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. | $319,739 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $687,704 |
| Pension plan accruals and contributions | $17,507 |
| Other employee benefits | $129,133 |
| Payroll taxes | $76,755 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,208 |
| Fees for services: Accounting | $29,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,841 |
| Advertising and promotion | $176,270 |
| Office expenses | $8,649 |
| Information technology | $73,849 |
| Royalties | $0 |
| Occupancy | $35,461 |
| Travel | $51,225 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,151 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $86,484 |
| Insurance | $37,180 |
| All other expenses | $108,824 |
| Total functional expenses | $2,335,074 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $425,836 |
| Savings and temporary cash investments | $233,871 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $115,455 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $250,988 |
| Prepaid expenses and deferred charges | $22,151 |
| Net Land, buildings, and equipment | $942,172 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $219,937 |
| Total assets | $2,210,410 |
| Accounts payable and accrued expenses | $97,347 |
| Grants payable | $0 |
| Deferred revenue | $695,894 |
| 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 | $7,321 |
| Total liabilities | $800,562 |
| Net assets without donor restrictions | $1,409,848 |
| 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 | $2,210,410 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that International Association Of Electrical Inspectors has recieved totaling $5,900.
| Awarding Organization | Amount |
|---|---|
National Electrical Manufacturers Association Rosslyn, VA PURPOSE: GENERAL SUPPORT | $5,900 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aqua Water Supply Corporation Bastrop, TX | $136,381,619 | $28,670,097 |
Roosevelt County Electric Cooperative Incorporated Portales, NM | $65,511,753 | $18,141,245 |
City Corporation Russellville, AR | $192,508,552 | $18,660,828 |
Columbus Electric Cooperative Inc Deming, NM | $51,291,020 | $15,018,624 |
Texas Reliability Entity Inc Austin, TX | $5,509,609 | $14,208,096 |
Coleman County Electric Cooperative Inc Coleman, TX | $33,830,324 | $14,379,363 |
Fort Belknap Electric Cooperative Inc Olney, TX | $40,346,904 | $13,174,182 |
Mora-San Miguel Electric Cooperative Inc Mora, NM | $28,478,652 | $12,852,709 |
Ashley-Chicot Electric Cooperative Inc Hamburg, AR | $39,523,502 | $11,933,884 |
J-A-C Electric Cooperative Inc Henrietta, TX | $27,594,358 | $11,304,543 |
Sharyland Water Supply Corporation Alton, TX | $110,187,216 | $13,299,506 |
Farmers Electric Cooperative Corporation Newport, AR | $38,614,201 | $11,561,082 |