Electrocoat Association
- Assets
- $70.6k
- Revenue
- $179.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Cincinnati, OH
- Founding
- 06/1998
- Data as of
- 12/2021
- EIN
- 31-1556281
Organization Overview
Electrocoat Association is located in Cincinnati, OH. The organization was established in 1998. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Electrocoat 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 12/2021, Electrocoat Association generated $179.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $177.4k during the year ending 12/2021. While expenses have increased by 3.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ELECTROCOAT ASSOCIATION IS ORGANIZED AS A BUSINESS LEAGUE TO REPRESENT THE GLOBAL ELECTROCOATING INDUSTRY BY PROMOTING USE OF THE TECHNOLOGY AND COMMUNICATING THE BENEFITS OF ELECTROCOATING TO MANUFACTURERS, CONSUMERS, AND GOVERNMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN CARRYING OUT THE ORGANIZATION'S EXEMPT PURPOSES DURING THE YEAR, THE ELECTROCOAT ASSOCIATION FOCUSED ON EDUCATING INDUSTRIES ON THE COSTS AND BENEFITS OF USING ELECTROCOATING TECHNOLOGY. THIS WAS ACHIEVED WITH THE UTILIZATION OF SOCIAL MEDIA COMMUNICATION (TWITTER AND LINKEDIN) WITH POTENTIAL MEMBERS, MEMBERS AND INDUSTRY PARTICIPANTS AND CONTENT ON OUR ELM (ELECTROCOAT LEARNING MANAGEMENT) EDUCATIONAL PLATFORM. WE PARTICIPATED IN THE POWDER COATING INSTITUTES POWDER COATING CONFERENCE HELD IN ORLANDO IN FEBRUARY. WE HOSTED 2 WEBINARS FOR THE EDUCATION OF THE INDUSTRY IN JUNE AND NOVEMBER. WE ATTENDED THE FABTECH EXPO AS AN EXHIBITOR IN SEPTEMBER IN CHICAGO. WE HOSTED A FALL BOOT CAMP FOR EDUCATION IN DETROIT IN OCTOBER. WE HELD OUR FEBRUARY BOD MEETING IN ORLANDO AND THE FALL MEETING VIRTUALLY TO DIRECT THE ASSOCIATION'S BUSINESS AND MARKETING STRATEGIES FOR THE FUTURE. THE ASSOCIATION CONTINUES TO SELL IT'S BOOK "ELECTROCOAT: A GUIDEBOOK FOR FINISHERS." IN ADDITION, THE WEBSITE CONTINUES TO BE HOME FOR ELECTROCOATING INFORMATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Mcglothlin Exec. Direct | Trustee | 40 | $84,000 |
Jon Barrett President | Officer | 4 | $0 |
Todd Luciano Secretary | Officer | 4 | $0 |
Suresh Patel Vice Preside | Officer | 4 | $0 |
Michael Stuhldreher Treasurer | Officer | 4 | $0 |
Antonio Gallags Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $111,062 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $16,605 |
| 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 | $127,667 |
| Total Program Service Revenue | $51,054 |
| Investment income | $682 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $72 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $179,475 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $84,000 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,396 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,747 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,282 |
| Office expenses | $6,567 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,809 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,328 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,970 |
| All other expenses | $0 |
| Total functional expenses | $177,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,131 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,442 |
| 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 | $1,215 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $42,846 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $70,634 |
| Accounts payable and accrued expenses | $120 |
| Grants payable | $0 |
| Deferred revenue | $14,917 |
| 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 | $15,037 |
| Net assets without donor restrictions | $55,597 |
| 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 | $70,634 |
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| Organization Name | Assets | Revenue |
|---|---|---|
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Ann Arbor Spark Ann Arbor, MI | $15,665,812 | $11,784,140 |
Philadelphia Convention & Visitors Bureau Of The Chamber Of Commerce Philadelphia, PA | $21,636,489 | $20,955,897 |
The Chamber Of Commerce For Greater Philadelphia Philadelphia, PA | $17,253,411 | $11,743,354 |
Indiana Chamber Of Commerce Inc Indianapolis, IN | $7,894,910 | $10,261,881 |
Greater Indianapolis Chamber Of Commerce Inc Indianapolis, IN | $15,080,070 | $11,498,115 |
Small Business Assoc Of Mich Lansing, MI | $1,798,183 | $7,497,354 |
Ohio Association Of Realtors Columbus, OH | $13,314,743 | $8,037,922 |
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Indiana Association Of Realtors Inc Indianapolis, IN | $16,694,252 | $6,642,922 |