Independent Electrical Contractors Inc is located in Cedar Lake, IN. The organization was established in 2000. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Independent Electrical Contractors 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 12/2021, Independent Electrical Contractors Inc generated $198.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $207.0k during the year ending 12/2021. While expenses have increased by 23.6% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SUPPORT OF MERIT SHOP ELECTRICIANS & ELECTRICAL APPRENTICE SCHOOLING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Monique Larsen Executive Director | 40 | $45,150 | |
Bill Ray Director | 1 | $0 | |
Donald Hulsey President | 1 | $0 | |
Mark Campbell Vice President | 1 | $0 | |
John Boender Treasurer | 1 | $0 | |
Jeff Wiers Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $198,835 |
Total Revenue | $198,835 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $45,150 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $161,871 |
Total expenses | $207,021 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $42,477 |
Other assets | $0 |
Total assets | $82,748 |
Total liabilities | $282 |
Net assets or fund balances | $82,466 |
Over the last fiscal year, we have identified 1 grants that Independent Electrical Contractors Inc has recieved totaling $16,750.
Awarding Organization | Amount |
---|---|
Independent Electrical Contractors Foundation Monroeville, PA PURPOSE: EQUIPMENT FOR TRAINING CENTER LABS | $16,750 |
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