Independent Electrical Contractors Inc
- Assets
- $883.0k
- Revenue
- $967.3k
- Investments
- $0.0
- Employees
- 20
- Location
- Chesterfield, MO
- Founding
- 10/1996
- Data as of
- 06/2024
- EIN
- 43-1526987
Organization Overview
Independent Electrical Contractors Inc is located in Chesterfield, MO. The organization was established in 1996. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2024, Independent Electrical Contractors Inc employed 20 individuals. 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 06/2024, Independent Electrical Contractors Inc generated $967.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $1.0m during the year ending 06/2024. While expenses have increased by 9.3% 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
PROMOTION OF THE COMMON BUSINESS INTERESTS OF THE ELECTRICAL CONSTRUCTION INDUSTRY AND THE EDUCATION OF ELECTRICAL TRADESMEN IN THE ST LOUIS, MISSOURI, AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCEMENT THROUGH INFORMATION SHARING AND EDUCATION OF THE INDEPENDENT ELECTRICAL CONTRATORS OF THE ST. LOUIS, MISSOURI, AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Gaston Treasurer | OfficerTrustee | 2 | $0 |
Mark Harston Secretary | OfficerTrustee | 2 | $0 |
Chris Hunter Vice President | OfficerTrustee | 2 | $0 |
Eric Ulig Vice President | OfficerTrustee | 2 | $0 |
Eric Wolff President | OfficerTrustee | 2 | $0 |
Nathan Goff Director | Trustee | 2 | $0 |
Financial Statements
| 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 | $933,021 |
| Investment income | $23,914 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,955 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,378 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $967,268 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $439,619 |
| Pension plan accruals and contributions | $4,686 |
| Other employee benefits | $72,202 |
| Payroll taxes | $36,350 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,365 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,226 |
| Advertising and promotion | $8,918 |
| Office expenses | $7,077 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $94,017 |
| Travel | $7,725 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,739 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,104 |
| Insurance | $13,520 |
| All other expenses | $68,527 |
| Total functional expenses | $1,029,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,725 |
| Savings and temporary cash investments | $303,007 |
| 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 | $0 |
| Net Land, buildings, and equipment | $549,253 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,000 |
| Total assets | $882,985 |
| Accounts payable and accrued expenses | $12,425 |
| 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 | $12,425 |
| Net assets without donor restrictions | $870,560 |
| 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 | $882,985 |