National Electrical Contractors Association
- Assets
- $1.8m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 2
- Location
- Chattanooga, TN
- Founding
- 06/1952
- Data as of
- 12/2022
- EIN
- 62-0431111
Organization Overview
National Electrical Contractors Association is located in Chattanooga, TN. The organization was established in 1952. 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 2 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 $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $830.8k during the year ending 12/2022. While expenses have increased by 1.7% 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
THE MISSION OF NECA IS TO LEAD THE ELECTRICAL INDUSTRY BY EXAMPLE AND TO EXEMPLIFY THE HIGHEST LEVELS OF QUALITY, SKILL, COMPETENCE, VALUE, AND INTEGRITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NECA OFFERS ITS MEMBERS AN OPPRTUNITY TO HAVE A DIRECT SAY IN THE ELECRICAL CONSTRUCTION INDUSTRY AND ITS FUTURE AT REGULAR MEETINGS HELD AT THE CHAPTER, REGIONAL, AND NATIONAL LEVELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Fullam Treasurer | OfficerTrustee | 0 | $0 |
Wayne Wojciechowski Governor | OfficerTrustee | 0 | $0 |
David Dancey President | OfficerTrustee | 0 | $0 |
Chase Pendergraft Executive Director | Trustee | 40 | $147,000 |
Curt Sims Director | Trustee | 0 | $0 |
Turner Wood Director | Trustee | 0 | $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 | $1,042,286 |
| Investment income | $18 |
| 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 | $1,052,424 |
| 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. | $194,500 |
| Compensation of current officers, directors, key employees. | $77,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $19,918 |
| Other employee benefits | $25,932 |
| Payroll taxes | $15,096 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,333 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $37,999 |
| Fees for services: Other | $6,621 |
| Advertising and promotion | $2,150 |
| Office expenses | $8,032 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,800 |
| Travel | $58,393 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $254,676 |
| Interest | $0 |
| Payments to affiliates | $130,135 |
| Depreciation, depletion, and amortization | $16,369 |
| Insurance | $7,620 |
| All other expenses | $2,078 |
| Total functional expenses | $830,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,645 |
| Savings and temporary cash investments | $46,191 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,980 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $43,851 |
| Investments—publicly traded securities | $1,573,131 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,105 |
| Total assets | $1,843,903 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,843,903 |
| 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 | $1,843,903 |