Federated Electrical Contractors
- Assets
- $457.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pelican Lake, WI
- Founding
- 12/1963
- Data as of
- 08/2022
- EIN
- 84-6036157
Organization Overview
Federated Electrical Contractors is located in Pelican Lake, WI. The organization was established in 1963. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Federated Electrical Contractors 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 08/2022, Federated Electrical Contractors generated $90.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $86.3k during the year ending 08/2022. While expenses have increased by 1.6% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Phelps Executive Sec. | 12 | $51,757 | |
John Axelson Director | 1.5 | $0 | |
Jeff Filippo Treasurer/secre | 1.5 | $0 | |
David Haskins President | 1.5 | $0 | |
Stef Lopata Director | 1.5 | $0 | |
Rick Schultz Chairman | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $90,400 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90,400 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,084 |
| Professional fees and other payments to independent contractors | $20,016 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,264 |
| Other expenses | $15,897 |
| Total expenses | $86,261 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $260,773 |
| Other assets | $0 |
| Total assets | $457,907 |
| Total liabilities | $227,863 |
| Net assets or fund balances | $230,044 |
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