Swec Association Inc
- Assets
- $51.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Laurens, NY
- Founding
- 09/2013
- Data as of
- 12/2022
- EIN
- 22-3279557
Organization Overview
Swec Association Inc is located in Laurens, NY. The organization was established in 2013. According to its NTEE Classification (J03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Swec 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 12/2022, Swec Association Inc generated $1.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $3.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 8 years. 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
2022
Describe the Organization's Program Activity:
Part 3
THE EXEMPT PURPOSE ACHEIVEMENTS OF SUSSEX & WARREN ELECTRICAL CONTRACTORS ASSOCIATION ARE AS FOLLOWS: 1. EDUCATE MEMBERS AND ELECTRICAL STUDENTS REGARDING NATIONAL ELECTRICAL CODE UPDATES, NEW PRODUCTS, SAFETY AND BUSINESS LAW AS IT PERTAINS TO ELECTRICIANS, AND RELATED TOPICS. 2. PROVIDE QUALIFIED SPEAKERS FOR VOCATIONAL SCHOOL CLASSES. 3. PROVIDE QUALIFIED TUTORS AND MENTORS FOR ON-THE-JOB TRAINING. 4. PROVIDE QUALIFIED VOLUNTEERS FOR ORGANIZATIONS SUCH AS HABITAT FOR HUMANITY. THESE ACTIVITIES ARE CONDUCTED BY MEMBERS OF SWECA AS REQUIRED IN SUSSEX AND WARRENT COUNTIES, NEW JERSEY. THESE ACTIVITIES PROMOTE SAFETY AMONG ELECTRICAL CONTRACTORS AND ENHANCE THEIR RELATIONSHIP WITH THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph P Carroll President | 0 | $0 | |
Glen R Kovach Vice President | 0 | $0 | |
Robert Leatham Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,800 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $135 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,935 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $830 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,441 |
| Total expenses | $3,271 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,779 |
| Other assets | $0 |
| Total assets | $51,779 |
| Total liabilities | $2 |
| Net assets or fund balances | $51,777 |
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