Reciprocal Electrical Council Inc
- Assets
- $211.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, MI
- Founding
- 12/1982
- Data as of
- 06/2021
- EIN
- 38-2357789
Organization Overview
Reciprocal Electrical Council Inc is located in Birmingham, MI. The organization was established in 1982. 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. Reciprocal Electrical Council 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 06/2021, Reciprocal Electrical Council Inc generated $17.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (24.0%) each year. All expenses for the organization totaled $39.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (16.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ed Rosett 2nd Vice Pre | 1 | $0 | |
Jeff Corbin 1st Vice Pre | 1 | $0 | |
Jason Head Secretary | 1 | $0 | |
Grace Trudell President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $17,228 |
| Membership dues | $95 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $447 |
| Total Revenue | $17,770 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,882 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $503 |
| Other expenses | $37,384 |
| Total expenses | $39,769 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $210,076 |
| Other assets | $0 |
| Total assets | $211,446 |
| Total liabilities | $0 |
| Net assets or fund balances | $211,446 |
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