Mechanical Industries Council
- Assets
- $596.7k
- Revenue
- $799.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Tucker, GA
- Founding
- 05/1965
- Data as of
- 12/2021
- EIN
- 58-0942679
Organization Overview
Mechanical Industries Council is located in Tucker, GA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mechanical Industries Council 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 12/2021, Mechanical Industries Council generated $799.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $810.7k during the year ending 12/2021. While expenses have increased by 1.4% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FUND SHALL BE USED TO PROTECT, PROMOTE, FOSTER AND ADVANCE THE INTERESTS OF EMPLOYERS AND EMPLOYEES ENGAGED IN THE MECHANICAL CONTRACTING AND SERVICING INDUSTRY (THE "INDUSTRY") IN THE FOLLOWING MANNER: (A) TO ENGAGE IN PUBLIC RELATIONS PROGRAMS DESIGNED TO CREATE A BETTER PUBLIC UNDERSTANDING OF THE INDUSTRY AND TO ENCOURAGE GREATER USE OF THE INDUSTRY'S SERVICES BY OWNERS AND CONSTRUCTION AND SERVICE PURCHASERS FOR THE BENEFIT OF THE GENERAL PUBLIC. (B) TO COOPERATE WITH PUBLIC OFFICIALS AND REPRESENTATIVES OF OTHER ORGANIZATIONS ON ALL MATTERS OF MUTUAL INTEREST AFFECTING THE INDUSTRY. (C) TO FOSTER AND PROMOTE BETTER EMPLOYER/EMPLOYEE RELATIONSHIPS AND TO STRIVE FOR OPTIMUM EFFICIENCY AND WORKMANSHIP IN CONSTRUCTION METHODS. (D) TO FOSTER AND PROVIDE FOR THE EDUCATION AND TRAINING OF SUPERVISORY AND MANAGERIAL PERSONNEL. (E) TO PROMOTE RESEARCH AND EXPERIMENTATION CONCERNED WITH IMPROVING EXISTING CONSTRUCTION METHODS AND DEVELOPING, TESTING AND PROMOTING NEW CONSTRUCTION MATER
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE THE PUBLIC'S GOODWILL, ADVANCE BUYING PRACTICES, FURTHER THE EMPLOYMENT OF QUALIFIED WORKERS, IMPROVE THE ECONOMIC STANDARDS OF QUALITY PRODUCTION, AND PROTECT THE SAFETY, HEALTH AND WELFARE OF THE PUBLIC.
MCAA FUND SEMINARS - PROVIDE TRAINING ON THE PROPER USE OF INDUSTRY IMPROVEMENT FUNDS, INCLUDING IDEAS FOR BENEFICAL PROGRAMS WHICH THEY CAN SUBSIDIZE.
GEORGIA/FLORIDA NATIONAL CERTIFIED PIPE WELDING BUREAU WAS ESTABLISHED TO DO COLLECTIVELY WHAT IT IS DIFFICULT ECONOMICALLY IMPOSSIBLE FOR MANY FIRMS TO DO INDIVIDUALLY. THE BUREAU PROVIDES A MEANS, RECOGNIZED BY THE NATIONAL CODES AND STANDARDS, TO PROVIDE QUALITY WELDING TO AN ECONOMICAL PRICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Martin Treasurer | Officer | 2 | $0 |
Andrew Sumpter Managing Dir | Officer | 15 | $0 |
Jim C Thomas Chairman | Officer | 2 | $0 |
Steve Lisenby Trustee | Trustee | 2 | $0 |
Bill Doty Trustee | Trustee | 2 | $0 |
John Mckenney Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $755,584 |
| 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 | $755,584 |
| Total Program Service Revenue | $0 |
| Investment income | $33,335 |
| 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 | $799,404 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $302,627 |
| Fees for services: Legal | $1,980 |
| Fees for services: Accounting | $39,345 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,200 |
| Advertising and promotion | $0 |
| Office expenses | $15,964 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,773 |
| Travel | $810 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $215,508 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,555 |
| All other expenses | $14,353 |
| Total functional expenses | $810,711 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,440 |
| Savings and temporary cash investments | $537,814 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,452 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $596,706 |
| Accounts payable and accrued expenses | $250,362 |
| 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 | $250,362 |
| Net assets without donor restrictions | $346,344 |
| 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 | $596,706 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Federation Of Independent Business Inc Nashville, TN | $77,203,691 | $109,079,617 |
North American Electric Reliabilitycorporation Atlanta, GA | $65,227,333 | $81,782,902 |
Gsma Ltd Atlanta, GA | $262,728,803 | $123,320,595 |
Institute Of Internal Auditors Lake Mary, FL | $101,351,692 | $59,361,984 |
Srcco Inc Durham, NC | $42,497,453 | $49,465,239 |
Florida Association Of Realtors Orlando, FL | $96,568,925 | $47,578,542 |
National Association Of State Boards Of Accountancy Inc Nashville, TN | $83,126,370 | $38,317,801 |
Southern Motor Carriers Association Inc Peachtree City, GA | $87,365,051 | $35,375,343 |
Unc Management Company Inc Chapel Hill, NC | $53,097,067 | $30,528,524 |
American Welding Society Inc Miami, FL | $147,619,451 | $41,705,708 |
Serc Reliability Corporation Charlotte, NC | $16,241,101 | $25,718,150 |
American Society Of Heating Refrigerating & A-C Engineers Peachtree Corners, GA | $58,779,760 | $22,960,689 |