Southeastern Michigan Chapter Neca Inc is located in Troy, MI. The organization was established in 1965. 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 06/2024, Southeastern Michigan Chapter Neca Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southeastern Michigan Chapter Neca 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 06/2024, Southeastern Michigan Chapter Neca Inc generated $3.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $2.8m during the year ending 06/2024. While expenses have increased by 3.9% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION REPRESENTS ELECTRICAL CONTRACTORS, PROMOTES SOUND LABOR RELATIONS, AND OFFERS FURTHER TRAINING FOR THEIR BENEFIT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION REPRESENTED, PROMOTED AND EDUCATED 46 MEMBER CONTRACTORS TO FURTHER THEIR INTERESTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Mittelbrun Exec Directo | Officer | 40 | $333,743 |
Jason Head Executive Di | Officer | 40 | $172,600 |
Jaime Taylor-Hayes Bochenek Director Of | 40 | $116,650 | |
Jayne Thiel Director Of | 40 | $115,989 | |
Mashell Carassimi Director-Pas | Trustee | 1 | $0 |
Wm Darish Nat'l Govern | OfficerTrustee | 1 | $0 |
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 | $3,000,270 |
Investment income | $496,777 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$198,941 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,298,106 |
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. | $506,343 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $240,991 |
Pension plan accruals and contributions | $122,770 |
Other employee benefits | $95,243 |
Payroll taxes | $45,656 |
Fees for services: Management | $0 |
Fees for services: Legal | $85,431 |
Fees for services: Accounting | $17,939 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $13,440 |
Advertising and promotion | $400,989 |
Office expenses | $42,870 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $109,284 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $456,012 |
Interest | $0 |
Payments to affiliates | $261,603 |
Depreciation, depletion, and amortization | $71,293 |
Insurance | $4,908 |
All other expenses | $31,298 |
Total functional expenses | $2,772,023 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $595,195 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $151,999 |
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 | $55,217 |
Net Land, buildings, and equipment | $2,154,874 |
Investments—publicly traded securities | $9,554,148 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $12,511,433 |
Accounts payable and accrued expenses | $19,950 |
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 | $0 |
Total liabilities | $19,950 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $9,277 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $12,482,206 |
Total liabilities and net assets/fund balances | $12,511,433 |