National Electrical Manufacturers Representatives Association
- Assets
- $4.4m
- Revenue
- $3.4m
- Investments
- $1.1m
- Employees
- 8
- Location
- Carmel, IN
- Founding
- 09/1971
- Data as of
- 06/2023
- EIN
- 23-7125957
Organization Overview
National Electrical Manufacturers Representatives Association is located in Carmel, IN. The organization was established in 1971. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, National Electrical Manufacturers Representatives Association employed 8 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. National Electrical Manufacturers Representatives Association 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 06/2023, National Electrical Manufacturers Representatives Association generated $3.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $3.2m during the year ending 06/2023. While expenses have increased by 6.8% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND ADVANCE THE DEVELOPMENT OF THE PROFESSIONAL INDEPENDENT MANUFACTURERS' REPRESENTATIVE IN THE ELECTRICAL MARKETPLACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OFFERS PROFESSIONAL DEVELOPMENT PROGRAMS, CONTINUING EDUCATIONAL OPPORTUNITIES, AND GUIDELINES FOR THE DEVELOPMENT OF RELATIONSHIPS BETWEEN MANUFACTURERS REPRESENTATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Winn Wise Director | Trustee | 1 | $0 |
Bill Tucker Director | Trustee | 1 | $0 |
Joe Lipuma Director | Trustee | 1 | $0 |
Matt Mcauliffe Chairman/elect | OfficerTrustee | 1 | $0 |
Gabe Schill Director | Trustee | 1 | $0 |
Troy Jennings Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,202,409 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $121,467 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,980,219 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,304,095 |
| Total Program Service Revenue | $125,190 |
| Investment income | $123,213 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$114,408 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,438,090 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| 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. | $441,374 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $390,326 |
| Pension plan accruals and contributions | $7,890 |
| Other employee benefits | $35,963 |
| Payroll taxes | $49,381 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $29,897 |
| Fees for services: Accounting | $25,335 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,319 |
| Fees for services: Other | $746 |
| Advertising and promotion | $0 |
| Office expenses | $17,953 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $37,917 |
| Travel | $38,466 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,234 |
| All other expenses | $166,826 |
| Total functional expenses | $3,232,649 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,223 |
| Savings and temporary cash investments | $2,831,090 |
| Pledges and grants receivable | $121,467 |
| Accounts receivable, net | $1,490 |
| 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 | $189,033 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,060,434 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $108,589 |
| Total assets | $4,356,326 |
| Accounts payable and accrued expenses | $73,473 |
| Grants payable | $0 |
| Deferred revenue | $617,245 |
| 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 | $107,389 |
| Total liabilities | $798,107 |
| Net assets without donor restrictions | $3,558,219 |
| 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 | $4,356,326 |