National Electrical Contractors Association Inc
- Assets
- $54.4m
- Revenue
- $40.0m
- Investments
- $0.0
- Employees
- 122
- Location
- Washington, DC
- Founding
- 03/1952
- Data as of
- 12/2022
- EIN
- 53-0115267
Organization Overview
National Electrical Contractors Association Inc is located in Washington, DC. The organization was established in 1952. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2022, National Electrical Contractors Association Inc employed 122 individuals. This organization is the central organization for a national or regional group of organizations. National Electrical Contractors Association 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 12/2022, National Electrical Contractors Association Inc generated $40.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $44.1m during the year ending 12/2022. While expenses have increased by 5.5% per year over the past 8 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
NECA IS DEDICATED TO ENHANCING THE ELECTRICAL CONTRACTING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIELD -- NECA PROVIDES A NUMBER OF SERVICES TO MEMBERS AS PART OF ITS MISSION TO ADVANCE THE ELECTRICAL CONTRACTING INDUSTRY. FIELD SERVICES HELP MEMBERS BY MEDIATING LOCAL LABOR DISPUTES AND PROVIDING COUNSELING.
EDUCATION - NECA OFFERS EDUCATIONAL PROGRAMS AND PUBLICATIONS TO HELP MEMBERS RUN THEIR BUSINESSES BETTER, SERVING EMPLOYEES AT ALL LEVELS WITHIN THE ELECTRICAL CONTRACTING INDUSTRY, PROVIDING TOOLS FOR MEMBERS TO ACCURATELY ACCOUNT FOR JOB COSTS AND PUBLISHING THE MANUAL OF LABOR UNITS.
"ELECTRICAL CONTRACTOR" MAGAZINE -- THE MAGAZINE OF THE ELECTRICAL CONTRACTING BUSINESS. EDUCATES THE INDUSTRY THROUGH TIMELY ARTICLES AND COLUMNS ON SUCH TOPICS AS THE NATIONAL ELECTRICAL CODE, ESTIMATING, PROJECT MANAGEMENT, NETWORKING, LIGHTING, POWER QUALITY, FIBER OPTICS, INTEGRATED SYSTEMS, AND OTHER TECHNOLOGIES AND PROJECT PROFILES THAT EXAMINE HOW CONTRACTORS OPERATE IN DIFFERENT MARKETS AND SITUATIONS.
CONVENTION AND EXPOSITION -- NECA'S CONVENTION AND TRADE SHOW PROVIDES AN OPPORTUNITY FOR MEMBERS TO EXCHANGE IDEAS AND ATTEND EDUCATIONAL SEMINARS; IT IS ALSO AN EXCEPTIONAL SHOWCASE FOR THE LATEST ELECTRICAL PRODUCTS AND SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kirk Davis President | OfficerTrustee | 1 | $0 |
Steven Gianotti Vice President, District 1 | OfficerTrustee | 1 | $0 |
Todd A Mikec Vice President, District 2 | OfficerTrustee | 1 | $0 |
Terry Lette Vice President, District 3 | OfficerTrustee | 1 | $0 |
David M Washebek Vice President, District 4 | OfficerTrustee | 1 | $0 |
Shawn Smith Vice President, District 5 | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nxtevent Inc Meeting Planning And Event Production Se | 12/30/22 | $1,666,051 |
Royle Printing Printing Agent For The Magazine Advertis | 12/30/22 | $890,967 |
Tse Live Llc Production Services Such As Audiovisual | 12/30/22 | $749,337 |
Levy Premium Foodservice Lp Food & Beverage Catering Provider At Aus | 12/30/22 | $667,254 |
Lindenberger & Associates Inc Marketing Representative - Sales Commiss | 12/30/22 | $566,231 |
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 | $250,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $250,000 |
| Total Program Service Revenue | $38,121,564 |
| Investment income | $524,211 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $32,776 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $41,423 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $408,253 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $39,958,488 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250,000 |
| 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. | $2,526,238 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,006,981 |
| Pension plan accruals and contributions | $903,794 |
| Other employee benefits | $1,834,888 |
| Payroll taxes | $1,078,207 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $72,316 |
| Fees for services: Accounting | $130,942 |
| Fees for services: Lobbying | $140,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $24,371 |
| Fees for services: Other | $3,503,866 |
| Advertising and promotion | $81,617 |
| Office expenses | $1,784,741 |
| Information technology | $579,092 |
| Royalties | $0 |
| Occupancy | $1,552,480 |
| Travel | $4,133,440 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,652,339 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $971,288 |
| Insurance | $113,734 |
| All other expenses | -$2,234,575 |
| Total functional expenses | $44,102,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,088 |
| Savings and temporary cash investments | $2,013,678 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,858,763 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $256,155 |
| Prepaid expenses and deferred charges | $2,192,502 |
| Net Land, buildings, and equipment | $5,875,004 |
| Investments—publicly traded securities | $19,415,011 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,750,553 |
| Total assets | $54,376,754 |
| Accounts payable and accrued expenses | $2,783,880 |
| Grants payable | $0 |
| Deferred revenue | $1,249,969 |
| 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 | $21,650,487 |
| Total liabilities | $25,684,336 |
| Net assets without donor restrictions | $28,692,418 |
| 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 | $54,376,754 |