North Central Electrical Manufacturers

Organization Overview

North Central Electrical Manufacturers is located in Bloomington, MN. The organization was established in 1971. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., 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. North Central Electrical Manufacturers 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, North Central Electrical Manufacturers generated $997.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 41.0% each year . All expenses for the organization totaled $880.8k during the year ending 12/2021. While expenses have increased by 29.1% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TRADE ASSOCIATION ORGANIZED FOR EDUCATION AND PROMOTION OF THE ELECTRICAL MANUFACTURING INDUSTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS AND CONTRIBUTIONS PROVIDE RECOGNITION TO AND PROMOTE PARTICIPATION IN THE INDUSTRY


ANNUAL GOLF OUTING IS USED TO PROMOTE THE INDUSTRY TO INDIVIDUALS BOTH IN AND OUTSIDE OF THE INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Joe Shallbetter
Past President
$0
Randy Kuzel
President
$0
Nate Boike
Treasurer
$0
Chris Lee
Vice President
$0
Pete Deeg
Secretary
$0
Abby Andvik
Executive Director
$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$996,860
Investment income $771
Tax Exempt Bond Proceeds $0
Royalties $0
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 $997,631

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