Independent Electrical Contractors Inc is located in Bartlett, TN. The organization was established in 1997. 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. As of 12/2022, Independent Electrical Contractors Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Independent Electrical Contractors 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, Independent Electrical Contractors Inc generated $538.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $538.4k during the year ending 12/2022. While expenses have increased by 2.5% 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
TO PROVIDE APPRENTICE TRAINING CLASSES AND TRADE ASSOCIATION SERVICES FOR INDEPENDENT ELECTRICAL CONTRACTORS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES APPRENTICE TRAINING CLASSES AND TRADE ASSOCIATION SERVICES FOR INDEPENDENT ELECTRICAL CONTRACTORS
PROVIDES APPRENTICE TRAINING CLASSES AND TRADE ASSOCIATION SERVICES FOR INDEPENDENT ELECTRICAL CONTRACTORS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shane Mcculley Vice Preside | Officer | 5 | $0 |
Tim Sammarco Treasurer | Officer | 10 | $0 |
Randy Davis President | Officer | 5 | $0 |
William C Bradshaw Executive Di | Officer | 10 | $0 |
Chuck Jennings Secretary | Trustee | 5 | $0 |
Gary Rhodes Board Member | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $76,398 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $22,269 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $98,667 |
Total Program Service Revenue | $370,670 |
Investment income | $17,867 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $34,598 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $538,346 |
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 | $209,866 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $145 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,400 |
Fees for services: Accounting | $3,690 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,714 |
Fees for services: Other | $1,549 |
Advertising and promotion | $5,044 |
Office expenses | $13,841 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $83,635 |
Travel | $17,116 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $8,714 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $14,296 |
Insurance | $12,496 |
All other expenses | $22,688 |
Total functional expenses | $538,380 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $39,512 |
Savings and temporary cash investments | $742,496 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $140,020 |
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 | $567,382 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,489,410 |
Accounts payable and accrued expenses | $10,946 |
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 | $220,985 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $5,939 |
Total liabilities | $237,870 |
Net assets without donor restrictions | $1,251,540 |
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 | $1,489,410 |
Over the last fiscal year, we have identified 1 grants that Independent Electrical Contractors Inc has recieved totaling $45,576.
Awarding Organization | Amount |
---|---|
Independent Electrical Contractors Foundation Monroeville, PA PURPOSE: EQUIPMENT FOR TRAINING CENTER LABS | $45,576 |
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 |
Packaging Machinery Manufacturers Institute Inc Herndon, VA | $71,869,344 | $62,733,082 |
Consumer Technology Association Arlington, VA | $357,760,838 | $25,474,279 |
Srcco Inc Durham, NC | $42,497,453 | $49,465,239 |
Fs-Isac Inc Reston, VA | $27,418,346 | $31,957,295 |
National Association Of Convenience Stores Inc Alexandria, VA | $81,131,547 | $56,800,862 |
National Association Of State Boards Of Accountancy Inc Nashville, TN | $83,126,370 | $38,317,801 |
Air-Conditioning Heating And Refrigeration Institute Arlington, VA | $58,066,234 | $32,390,159 |
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 |