Electrical Contractors Association Of City Of Chicago is located in Westchester, IL. The organization was established in 1942. 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. As of 12/2021, Electrical Contractors Association Of City Of Chicago employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Electrical Contractors Association Of City Of Chicago 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, Electrical Contractors Association Of City Of Chicago generated $3.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $2.8m during the year ending 12/2021. While expenses have increased by 2.5% 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
PROTECTING AND FURTHERING THE MEMBERS' (PRINCIPALLY VARIOUS ELECTRICAL CONTRACTORS OPERATING IN THE CHICAGO AREA) COMMON INTERESTS AND IMAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROTECT THE MEMBERS' COMMON INTEREST IN SOUND LABOR RELATIONS, TRAINING OF APPRENTICES, AND SUPPORT THE STANDARDS SET FORTH BY THE NATIONAL ELECTRICAL CODE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Thomas Exec Vp/secr | Officer | 40 | $318,738 |
Timothy Taylor Asst. Manage | 40 | $152,301 | |
Carolyn Spaeth Asst. Manage | 25 | $146,466 | |
Steven Doty Comm. Direct | 0 | $116,538 | |
Gina Floro Office Manag | 30 | $112,341 | |
Elbert Walters Director | 0 | $21,769 |
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 | $2,455,540 |
Investment income | $321,272 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $483,292 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,260,604 |
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. | $318,739 |
Compensation of current officers, directors, key employees. | $63,748 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $607,212 |
Pension plan accruals and contributions | $346,999 |
Other employee benefits | $152,589 |
Payroll taxes | $59,827 |
Fees for services: Management | $0 |
Fees for services: Legal | $6,302 |
Fees for services: Accounting | $14,220 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $76,263 |
Fees for services: Other | $83,031 |
Advertising and promotion | $0 |
Office expenses | $82,403 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $167,810 |
Travel | $6,191 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $737,630 |
Interest | $719 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $28,826 |
Insurance | $0 |
All other expenses | -$447,116 |
Total functional expenses | $2,837,347 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $155,622 |
Savings and temporary cash investments | $146,133 |
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 | $2,083 |
Net Land, buildings, and equipment | $181,163 |
Investments—publicly traded securities | $5,314,122 |
Investments—other securities | $738,353 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,537,476 |
Accounts payable and accrued expenses | $0 |
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 | $16,209 |
Total liabilities | $16,209 |
Net assets without donor restrictions | $6,521,267 |
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 | $6,537,476 |
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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 |
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Greater Milwaukee Convention & Visitors Bureau Inc Milwaukee, WI | $13,303,680 | $5,924,757 |
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Illinois Small Business Growth Corporation Springfield, IL | $2,478,514 | $7,890,542 |
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International Society Of Transport Aircraft Traders Chicago, IL | $15,949,487 | $6,305,891 |
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Better Business Bureau Of Greater St Louis Inc St Louis, MO | $4,281,553 | $5,139,066 |
Louisville Chamber Of Commerce Inc Louisville, KY | $4,510,911 | $5,726,033 |
Springfield Convention And Visitors Springfield, MO | $1,284,082 | $4,581,352 |