National Electrical Contractors Assoc Penn Del Jersey Chapter
- Assets
- $7.3m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 11
- Location
- King Of Prussia, PA
- Founding
- 07/1947
- Data as of
- 12/2022
- EIN
- 23-1279973
Organization Overview
National Electrical Contractors Assoc Penn Del Jersey Chapter is located in King Of Prussia, PA. The organization was established in 1947. 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 12/2022, National Electrical Contractors Assoc Penn Del Jersey Chapter employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Electrical Contractors Assoc Penn Del Jersey Chapter 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, National Electrical Contractors Assoc Penn Del Jersey Chapter generated $4.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $4.3m during the year ending 12/2022. While expenses have increased by 1.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
REPRESENT, PROMOTE & ENHANCE THE MANAGEMENT INTERESTS OF THE ENTIRE TECHNICAL CONTRACTING INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHAPTER PROMOTES, ORGANIZES AND CONDUCTS NUMEROUS MEETINGS TO PROVIDE OPPORTUNITIES TO DISCUSS BUSINESS ISSUES FOCUSING ON MANAGEMENT'S INTEREST IN LABOR RELATIONS, ADMINISTRATION AND NEGOTIATIONS OF COLLECTIVE BARGAINING AGREEMENTS, RESOLVING GRIEVANCES, TRUST FUND REPRESENTATION, AND RELATED MATTERS. THESE MEETINGS OCCUR ON A COMMITTEE; LOCAL DIVISION, CHAPTER, DISTRICT, REGIONAL AND NATIONAL LEVEL AND PROVIDE OPPORTUNITIES FOR ELECTRICAL CONTRACTORS TO EXPRESS THEIR COLLECTIVE VOICE ON ISSUES IMPORTANT TO THE INDUSTRY.
THE CHAPTER REPRESENTS AND PROMOTES MANAGEMENT'S INTEREST IN MANAGEMENT EDUCATION BY SPONSORING, ORGANIZING AND PRESENTING NUMEROUS EDUCATIONAL OPPORTUNITIES INCLUDING COURSES ON: ELECTRICAL PROJECT SUPERVISION (THREE LEVELS), BASIC AND ADVANCED ESTIMATING, PROJECT MANAGEMENT, CONSTRUCTION PLANNING, CHANGE ORDERS MANAGEMENT, CONSTRUCTION ACCOUNTING AND BUSINESS FINANCIAL PLANNING, LEGAL AND REGULATORY UPDATES, AND NATIONAL ELECTRICAL CODE COURSES AMONG OTHERS. THE CHAPTER PROMOTES AND SPONSORS NUMEROUS NECA EDUCATION COURSES AND "HOT TOPICS" COURSES, MANY OF WHICH PROVIDE CONTINUING EDUCATION PROGRAM CREDITS THAT SATISFY MANY LOCAL AND STATE ELECTRICAL CONTRACTING LICENSING REQUIREMENTS.
THE CHAPTER PROMOTES MANAGEMENT'S INTEREST IN SAFETY AND PROMOTING A SAFE WORKPLACE. THE CHAPTER SPONSORS NUMEROUS SAFETY WORKSHOPS, CONFERENCES, MEETINGS AND SAFETY AWARD PROGRAMS, OFFERS OSHA CONSTRUCTION SAFETY CLASSES AND INSTRUCTION, TEACHES FALL PROTECTION, CPR, FIRST AID AND AED TRAINING, AND HAS IMPLEMENTED A SAFETY MEETING APP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel J Hahn Governor | OfficerTrustee | 1 | $0 |
Charles H Macdonald III President | OfficerTrustee | 1 | $0 |
Natalie O Linder Vice President | OfficerTrustee | 1 | $0 |
James A Meyer Treasurer | OfficerTrustee | 1 | $0 |
Samuel Bashore Director | Trustee | 1 | $0 |
Robert P Bresnahan Jr Director | Trustee | 1 | $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 | $3,851,239 |
| Investment income | $85,010 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $288,708 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,224,957 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,442 |
| 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. | $930,821 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $809,489 |
| Pension plan accruals and contributions | $48,876 |
| Other employee benefits | $169,666 |
| Payroll taxes | $93,808 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $64,610 |
| Fees for services: Accounting | $29,295 |
| Fees for services: Lobbying | $109,266 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $45,746 |
| Fees for services: Other | $0 |
| Advertising and promotion | $272,638 |
| Office expenses | $102,507 |
| Information technology | $7,352 |
| Royalties | $0 |
| Occupancy | $81,988 |
| Travel | $82,915 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $574,586 |
| Interest | $0 |
| Payments to affiliates | $657,253 |
| Depreciation, depletion, and amortization | $104,066 |
| Insurance | $13,316 |
| All other expenses | $0 |
| Total functional expenses | $4,312,970 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $444,054 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $2,553,535 |
| Investments—publicly traded securities | $4,259,898 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,257,487 |
| Accounts payable and accrued expenses | $53,823 |
| 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 | $53,823 |
| Net assets without donor restrictions | $0 |
| 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 | $7,203,664 |
| Total liabilities and net assets/fund balances | $7,257,487 |