National Electrical Contractors Association
- Assets
- $5.0m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 5
- Location
- Annandale, VA
- Founding
- 01/1946
- Data as of
- 12/2022
- EIN
- 53-0088230
Organization Overview
National Electrical Contractors Association is located in Annandale, VA. The organization was established in 1946. 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 12/2022, National Electrical Contractors Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Electrical Contractors Association 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 12/2022, National Electrical Contractors Association generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. While expenses have increased by 4.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE, PROTECT AND UPHOLD THE COMMON INTERESTS OF THE ELECTRICAL CONTRACTING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPLOYMENT RELATIONS-REPRESENTING INDUSTRY; AS COLLECTIVE BARGAINING AGENT, TRUST FUND ADMINISTRATION, EMPLOYMENT LAW ISSUES.
EDUCATION/TRAINING-THE ASSOCIATION PROVIDES LABOR AND COST OPERATING DATA AND MANUALS AND PROVIDES COURSES AND WORKSHOPS IN ESTIMATING, JOB MANAGEMENT, ACCOUNTING, SUPERVISION, ETC.
INDUSTRY RELATIONS-THE ASSOCIATION PROVIDES A LIAISON WITH ARCHITECTS, ENGINEERS, GENERAL CONTRACTORS, BUILDING OWNERS, PUBLIC AGENCIES, AND OTHER BRANCHES OF THE INDUSTRY TO PROMOTE FAIR PROCEDURES.
MARKETING-THE ASSOCIATION EXPANDS OPPORTUNITIES FOR MEMBERS TO SECURE MORE PROFITABLE BUSINESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jm Homick Governor | OfficerTrustee | 1 | $0 |
Gregg Kaderabek Director Emeritus | Trustee | 1 | $0 |
Joe Daley Vice President | OfficerTrustee | 1 | $0 |
Greg Bayliff President | OfficerTrustee | 1 | $0 |
Paul Mella Treasurer | OfficerTrustee | 1 | $0 |
Francis Diguiseppe Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $184,123 |
| 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 | $184,123 |
| Total Program Service Revenue | $2,270,172 |
| Investment income | $33,485 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,996 |
| Net Income from Fundraising Events | -$130,340 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,370,377 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| 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. | $279,471 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $402,874 |
| Pension plan accruals and contributions | $53,176 |
| Other employee benefits | $56,400 |
| Payroll taxes | $42,486 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,030 |
| Fees for services: Accounting | $21,758 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | -$240 |
| Advertising and promotion | $0 |
| Office expenses | $60,951 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,864 |
| Travel | $22,918 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $282,796 |
| Interest | $0 |
| Payments to affiliates | $516,943 |
| Depreciation, depletion, and amortization | $77,516 |
| Insurance | $17,871 |
| All other expenses | $52,618 |
| Total functional expenses | $2,112,077 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $962,338 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $101,021 |
| 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 | $149,145 |
| Net Land, buildings, and equipment | $282,361 |
| Investments—publicly traded securities | $3,490,681 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,985,546 |
| Accounts payable and accrued expenses | $596,087 |
| 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 | $596,087 |
| Net assets without donor restrictions | $4,389,459 |
| 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 | $4,985,546 |