Intermountain Electrical Association
- Assets
- $1.2m
- Revenue
- $72.8k
- Investments
- $0.0
- Employees
- 0
- Location
- West Valley City, UT
- Founding
- 02/1989
- Data as of
- 12/2021
- EIN
- 74-2520009
Organization Overview
Intermountain Electrical Association is located in West Valley City, UT. The organization was established in 1989. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Intermountain Electrical Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Intermountain Electrical Association generated $72.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $39.3k during the year ending 12/2021. While expenses have increased by 1.8% 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
A SCHOLARSHIP FUND
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOLARSHIP PROGRAM HAS BEEN ESTABLISHED TO PROVIDE FINANCIAL ASSISTANCE TO NEEDY CANDIDATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daryl Cook President | Trustee | 2 | $0 |
Clint Rydalch Vice President | Trustee | 2 | $0 |
David Homer Secretary | Trustee | 2 | $0 |
John White Trustee | Trustee | 2 | $0 |
Bob May Trustee | Trustee | 2 | $0 |
Linda Kofford Trustee | Trustee | 2 | $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 | $9,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,000 |
| Total Program Service Revenue | $0 |
| Investment income | $17,572 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $46,189 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $72,761 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $30,000 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,734 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,558 |
| All other expenses | $0 |
| Total functional expenses | $39,292 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,530 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,179,822 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,219,352 |
| 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 | $1,219,352 |
| 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 | $1,219,352 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Intermountain Electrical Association has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Codale Childrens Classic Salt Lake City, UT PURPOSE: HUMANITARIAN | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
State Higher Education Executive Boulder, CO | $7,000,257 | $6,368,436 |
National Academies Of Emergency Dispatch Salt Lake City, UT | $3,812,151 | $8,771,181 |
Nevada State Education Association Las Vegas, NV | $3,615,920 | $4,845,245 |
Associated General Contractors Of America Utah Chapter Salt Lake City, UT | $13,564,530 | $7,907,790 |
National Education Association Of New Mexico Inc Santa Fe, NM | $5,499,910 | $3,405,604 |
Wyoming Education Association Cheyenne, WY | $4,135,200 | $3,473,602 |
American Snowsports Education Association Inc Lakewood, CO | $8,919,775 | $2,872,159 |
Association Of Waldorf Schools Longmont, CO | $1,432,511 | $2,576,958 |
Society Of Economics Geologists Inc Littleton, CO | $23,566,340 | $3,403,564 |
Carpe Diem Collegiate High School Yuma, AZ | $3,688,645 | $1,989,135 |
American Galvanizers Assn Inc Centennial, CO | $2,017,815 | $1,682,605 |
Tucson Waldorf Education Association Inc Tucson, AZ | $5,044,374 | $2,189,301 |