Independent Electrical Contractors Florida East Coast Chapter is located in Riviera Beach, FL. The organization was established in 2019. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Independent Electrical Contractors Florida East Coast Chapter employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Independent Electrical Contractors Florida East Coast Chapter 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, Independent Electrical Contractors Florida East Coast Chapter generated $859.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 26.0% each year . All expenses for the organization totaled $772.3k during the year ending 12/2021. 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
TO INCREASE THE PROFESSIONALISM OF THE ELECTRICAL CONTRACTOR INDUSTRY THROUGH EDUCATION AND TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION & TRAINING OF ELECTRICAL CONTRACTORS TO PROMOTE THE INDUSTRY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Terry Director | Officer | 1 | $53,000 |
Josh Miller Treasurer | Officer | 2 | $0 |
Joel Montalvo Director | Officer | 1 | $0 |
Ken Kettner President | Officer | 10 | $0 |
Donald Sharkey Director | Officer | 1 | $0 |
Derrick Hoskins Director | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $91,505 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $41,170 |
All other contributions, gifts, grants, and similar amounts not included above | $102,145 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $234,820 |
Total Program Service Revenue | $624,920 |
Investment income | $0 |
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 | $859,740 |
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 | $204,742 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $35,684 |
Payroll taxes | $14,092 |
Fees for services: Management | $0 |
Fees for services: Legal | $200 |
Fees for services: Accounting | $16,902 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $8,028 |
Advertising and promotion | $12,710 |
Office expenses | $32,794 |
Information technology | $10,842 |
Royalties | $0 |
Occupancy | $20,000 |
Travel | $9,141 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $73,915 |
Interest | $6,137 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $11,436 |
Insurance | $3,746 |
All other expenses | $282,679 |
Total functional expenses | $772,314 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $254,114 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $34,736 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,573 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $114,175 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $11,005 |
Total assets | $415,603 |
Accounts payable and accrued expenses | $21,294 |
Grants payable | $0 |
Deferred revenue | $20,382 |
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 | $110,210 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $151,886 |
Net assets without donor restrictions | $0 |
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 | $263,717 |
Total liabilities and net assets/fund balances | $415,603 |
Over the last fiscal year, we have identified 1 grants that Independent Electrical Contractors Florida East Coast Chapter has recieved totaling $11,750.
Awarding Organization | Amount |
---|---|
Independent Electrical Contractors Foundation Monroeville, PA PURPOSE: EQUIPMENT FOR TRAINING CENTER LABS | $11,750 |
Organization Name | Assets | Revenue |
---|---|---|
Air Carriers Purchasing Conference Inc Fort Lauderdale, FL | $2,334,818 | $1,843,313 |
Florida Assisted Living Affiliation Tallahassee, FL | $1,308,938 | $1,387,032 |
Examination Board Of Professional Home Inspectors Tallahassee, FL | $5,345,523 | $1,943,441 |
Florida Coalition For Children Inc Tallahassee, FL | $1,555,554 | $863,225 |
Georgia Restaurant Association Inc Atlanta, GA | $602,441 | $1,026,551 |
American Council Of Engineering Companies Of Florida Tallahassee, FL | $1,789,901 | $1,007,540 |
Independent Electrical Contractors Florida East Coast Chapter Riviera Beach, FL | $415,603 | $859,740 |
Georgia Association Of Community Service Boards Inc Savannah, GA | $465,033 | $631,372 |
Transnational Alliance To Combat Illicit Trade Inc Fort Myers, FL | $492,930 | $832,425 |
Alabama Conference Of Educators Birmingham, AL | $816,841 | $818,659 |
Alabama Affordable Housing Association Tuscaloosa, AL | $179,679 | $567,520 |
Alarm Association Of Florida Inc Plantation, FL | $239,152 | $510,879 |