National Association Of Elevator Contractors Inc
- Assets
- $2.7m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 15
- Location
- Conyers, GA
- Founding
- 02/1964
- Data as of
- 06/2021
- EIN
- 43-0716086
Organization Overview
National Association Of Elevator Contractors Inc is located in Conyers, GA. The organization was established in 1964. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2021, National Association Of Elevator Contractors Inc employed 15 individuals. This organization is the central organization for a national or regional group of organizations. National Association Of Elevator 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 06/2021, National Association Of Elevator Contractors Inc generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $1.7m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 7 years. 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
TO SERVE THE INTERESTS OF THE ELEVATOR, ESCALATOR AND ACCESSIBILITY EQUIPMENT INDUSTRY BY PROMOTING SAFE AND RELIABLE VERTICAL TRANSPORTATION THROUGH EDUCATION, NETWORKING WITH PEERS AND EXPOSURE TO NEW TECHNOLOGIES. THE VISION OF NAEC IS TO BE THE PREMIER ASSOCIATION THAT PROVIDES SAFETY, TRAINING AND EDUCATION TO ALL FACETS OF THE ELEVATOR, ESCALATOR AND ACCESSIBILITY EQUIPMENT INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTED A SPRING EDUCATIONAL CONFERENCE FOR 167 ATTENDEES AS WELL AS A SPRING EDUCATIONAL RETREAT FOR 26 ATTENDEES. PROVIDED WEB-BASED, VIRTUAL TRAINING TO 1,621 PARTICIPANTS IN THE CERTIFIED ELEVATOR AND ACCESSIBILITY TECHNICIAN PROGRAMS. CONDUCTED OVER 2,759 CONTINUING EDUCATION COURSES THROUGH NAEC ELEARNING SITE.
CONDUCTED A THREE DAY FALL ANNUAL CONVENTION AND TRADE SHOW WITH AN EMPHASIS ON ELEVATOR EDUCATION FOR 884 REGISTRANTS AND TRADE SHOW ATTENDEES. THE CONVENTION WAS HELD VIRTUALLY.
720 MEMBERS SERVED; DISTRIBUTED 663 MEMBER DIRECTORIES; DISTRIBUTED ELEVEN PERIODIC NEWSLETTERS ON SAFETY, TECHNOLOGY, AND CODE INFORMATION TO 22,514 RECIPIENTS; DISTRIBUTED ONE DIGITAL NEWLETTER PERTAINING TO EDUCATION AND STATE LICENSING FOR THE ELEVATOR INDUSTRY TO 2,532 RECIPIENTS.
PROMOTION OF AND CONTRIBUTION TO ELEVATOR SAFETY THROUGH CONTRIBUTION TO ELEVATOR SAFETY FOUNDATION AND OTHER MEMBERSHIP SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rena Cozart Executive Director | Officer | 40 | $109,000 |
Amanda Smith Deputy Director | Officer | 40 | $84,807 |
Alesa Mcarthur Former Executive Director | Officer | 40 | $23,531 |
Hope L Evans President | Officer | 0 | $0 |
Rene Hertsberg Treasurer | Officer | 0 | $0 |
Kevin Flotten Secretary | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $24,732 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,612,884 |
| Statement of Expenses | |
|---|---|
| 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. | $197,263 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $412,544 |
| Pension plan accruals and contributions | $2,682 |
| Other employee benefits | $77,648 |
| Payroll taxes | $46,913 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,767 |
| Fees for services: Accounting | $25,961 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,570 |
| Office expenses | $128,364 |
| Information technology | $57,363 |
| Royalties | $0 |
| Occupancy | $35,153 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $523,231 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,173 |
| Insurance | $15,791 |
| All other expenses | $0 |
| Total functional expenses | $1,673,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,348,209 |
| Savings and temporary cash investments | $1,057,009 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,444 |
| 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 | $176,570 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,674,774 |
| Accounts payable and accrued expenses | $82,330 |
| Grants payable | $0 |
| Deferred revenue | $1,005,080 |
| 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 | $1,087,410 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $1,587,364 |
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