Electrical Generating Systems Association Inc
- Assets
- $1.2m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 2
- Location
- Washington, DC
- Founding
- 07/1967
- Data as of
- 12/2022
- EIN
- 59-2270591
Organization Overview
Electrical Generating Systems Association Inc is located in Washington, DC. The organization was established in 1967. 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, Electrical Generating Systems Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Electrical Generating Systems 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, Electrical Generating Systems Association Inc generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
UNDER THE LEADERSHIP OF ITS BOARD OF DIRECTORS AND OPERATING THROUGH ITS VARIOUS COMMITTEES AND STAFF, EGSA STRIVES TO EDUCATE, PROVIDE NETWORKING OPPORTUNITIES, SHARE RELEVANT KNOWLEDGE AND TRENDS TO INDUSTRY PROFESSIONALS INCLUDING MANUFACTURERS, DISTRIBUTORS, ENGINEERS, REGULATORY AGENCIES MANUFACTURERS REPS, CONTRACTORS/INTEGRATORS AND OTHERS SERVING THE ON-SITE POWER INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION & SCHOOLS - EGSA OFFERS A SUITE OF IN-PERSON, ONLINE, AND EXPERIENTIAL EDUCATIONAL AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES. WE PROVIDE THE FOLLOWING EDUCATION OPPORTUNITIES: - GEORGE ROWLEY BASIC SCHOOL OF ON-SITE POWER GENERATION - THE BASIC SCHOOL IS DESIGNED FOR SALES, MARKETING, MANAGEMENT, APPLICATIONS ENGINEERS, ENGINE TECHNICIANS AND ADMINISTRATIVE PERSONNEL THAT NEED AN UNDERSTATING OF THE THEORY AND APPLICATION OF THE MECHANICAL AND ELECTRICAL COMPONENTS WITHIN A GENERATOR SYSTEM, STARTING WITH BASIC ELECTRICITY. - GEORGE ROWLEY ADVANCED SCHOOL OF ON-SITE POWER GENERATION - THE ADVANCED SCHOOL IS DESIGNED FOR ENGINEERING, PROJECT MANAGEMENT, SERVICE MANAGERS, AND BUSINESSOWNERS WHO HAVE A GOOD UNDERSTANDING OF THE BASIC MECHANICAL AND ELECTRICAL SYSTEMS FOUND IN AN ON-SITE GENERATOR SET. A MINIMUM OF 3 YEARS' EXPERIENCE IN THE INDUSTRY IS RECOMMENDED. - LOAD BANK SCHOOL AND CERTIFICATION - THIS IS A 3-DAY COURSE WHICH INCLUDES CLASSROOM AND HANDS- ON TRAINING SESSIONS FOR TECHNICIANS. THE COURSE CONCLUDES WITH STUDENTS TAKING THE EGSA LOAD BANK CERTIFICATION TEST. - ON-DEMAND SCHOOL - EGSA'S ON-DEMAND SCHOOLS OFFER CUSTOMIZABLE A LA CARTE EDUCATION WHERE WE PARTNER WITH YOUR COMPANY TO BRING OUR ROWLEY SCHOOL INSTRUCTORS OF ON-SITE POWER DIRECTLY TO YOUR WORKPLACE. WE CAN GIVE YOUR TEAM PERSONALIZED LIVE ONLINE SESSIONS, OR A COMBINATION OF IN-PERSON AND ONLINE. YOU CAN ALSO CHOOSE CLASSES TAUGHT FROM EITHER THE BASIC OR ADVANCED SCHOOLS. EVERYTHING FROM BASIC ELECTRICITY TO ADVANCED SIZING TO SERVICE IS AVAILABLE. - LEARNING MANAGEMENT SYSTEM (LMS) ONLINE WEBINARS AND COURSES - OUR LMS FEATURES A HOST OF RECORDED WEBINARS AND INDUSTRY COURSES THAT ALLOW YOU TO FURTHER YOUR KNOWLEDGE EITHER AT THE OFFICE OR AT HOME.
THE ASSOCIATION SPONSORS TWO CONFERENCES TO KEEP MEMBERS AWARE OF THE CURRENT TRENDS IN THE INDUSTRY.THE CONFERENCES OFFER EDUCATIONAL SESSIONS COVERING A BROAD RANGE OF ISSUES AFFECTING THE ON-SITE POWER INDUSTRY. THE ASSOCIATION INVITES MAJOR SPEAKERS FROM MEMBER COMPANIES, UTILITIES, RESEARCH FIRMS, GOVERNMENT AGENCIES, AND OTHERS TO GIVE PRESENTATIONS ON KEY ISSUES IN THE INDUSTRY. AS AN EXHIBITOR OR ATTENDEE, PARTICIPANTS FIND THE EXHIBITOR SHOWCASE TO BE THE IDEAL PLACE FOR DISTRIBUTOR/DEALERS, MANUFACTURERS, AND MANUFACTURER'S REPS TO CONVENE AND DISCUSS BUSINESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Mcmahon Chairman | OfficerTrustee | 2 | $0 |
Hal Walls Vice President | OfficerTrustee | 2 | $0 |
Dan Barbersek Secretary | OfficerTrustee | 2 | $0 |
Lee Newton Treasurer | OfficerTrustee | 2 | $0 |
Kurt Summers Immediate Past-Chair | Trustee | 2 | $0 |
Tom Black Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $261,170 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $264,170 |
| Total Program Service Revenue | $1,297,751 |
| Investment income | $7,262 |
| 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 | $26,186 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,595,369 |
| 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. | $247,781 |
| Compensation of current officers, directors, key employees. | $247,781 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $93,000 |
| Pension plan accruals and contributions | $12,029 |
| Other employee benefits | $0 |
| Payroll taxes | $20,572 |
| Fees for services: Management | $231,474 |
| Fees for services: Legal | $1,641 |
| Fees for services: Accounting | $30,170 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,056 |
| Office expenses | $14,476 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,966 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $658,216 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $13,601 |
| All other expenses | $774 |
| Total functional expenses | $1,587,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $271,949 |
| Savings and temporary cash investments | $817,447 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $52,366 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,438 |
| Prepaid expenses and deferred charges | $41,323 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,016 |
| Total assets | $1,201,539 |
| Accounts payable and accrued expenses | $38,551 |
| Grants payable | $0 |
| Deferred revenue | $287,668 |
| 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 | $326,219 |
| Net assets without donor restrictions | $875,320 |
| 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 | $1,201,539 |