Eucg Inc
- Assets
- $873.6k
- Revenue
- $526.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 01/2000
- Data as of
- 12/2021
- EIN
- 86-0945757
Organization Overview
Eucg Inc is located in Bethesda, MD. The organization was established in 2000. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eucg 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 12/2021, Eucg Inc generated $526.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $511.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 7 years. 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 IMPROVE ELECTRIC UTILITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL PROGRAMS CARRIED ON BY EUCG ARE FOR THE PURPOSE OF RESPONDING WITHIN OUR INDUSTRY TO SOLVE VARIOUS PROBLEMS. DATA PRODUCTS ARE PRODUCED TO PROVIDE BENCHMARKING INFORMATION FOR PERFORMANCE MEASUREMENT.
SEASONAL MEETINGS: THESE ARE USED TO PROVIDE AN ARENA FOR EDUCATIONAL SEMINARS AND IDEA EXCHANGES; FOR THE ELECTION OF OFFICERS; PLANNING FOR THE FUTURE AND TO CRITIQUE PAST RESULTS.
THE PRODUCTION OF NEWSLETTERS, LITERATURE AND PIECES TO GO ALONG WITH THE NEEDS OF ALL OTHER PROGRAM SERVICES.
MEMBERSHIP PROMOTION AND PUBLIC AWARENESS: GENERIC MARKETING AND WEBSITE ARE DONE TO HELP BRING IN MEMBERSHIP AND TO ALLOW BOTH THE INDUSTRY AND THE PUBLIC TO BECOME EDUCATED ABOUT OUR EXISTENCE. COSTS TO ACCOMPLISH THIS ARE INCLUDED IN THE EXPENSES OF THE PROGRAMS LISTED ABOVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Evelyn Grant Treasurer | OfficerTrustee | 3 | $0 |
Jesse Medlock Vice President | OfficerTrustee | 3 | $0 |
Stephanie Maggard President | OfficerTrustee | 3 | $0 |
Steve Thornton Secretary | OfficerTrustee | 3 | $0 |
Jeannine Beran Chair - T&d Committee | Trustee | 3 | $0 |
Jeffrey Davis Chair - Nuclear Committee | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Programming Plus Database Services | 12/30/20 | $182,628 |
Kaiser Management Group Llc Management Services | 12/30/20 | $148,065 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $473,294 |
| 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 | $473,294 |
| Total Program Service Revenue | $45,502 |
| Investment income | $7,525 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$323 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $525,998 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $193,737 |
| Fees for services: Legal | $18,079 |
| Fees for services: Accounting | $12,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,460 |
| Advertising and promotion | $11,825 |
| 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 | $1,626 |
| All other expenses | $11,966 |
| Total functional expenses | $511,731 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $259,439 |
| Savings and temporary cash investments | $81,748 |
| 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 | $35,755 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $496,682 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $873,624 |
| Accounts payable and accrued expenses | $26,749 |
| Grants payable | $0 |
| Deferred revenue | $65,145 |
| 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 | $91,894 |
| Net assets without donor restrictions | $781,730 |
| 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 | $873,624 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Eucg Inc has recieved totaling $6,300.
| Awarding Organization | Amount |
|---|---|
Nuclear Energy Institute Washington, DC PURPOSE: Contribution | $6,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Restaurant Association Washington, DC | $192,667,812 | $96,146,955 |
American Association Of State Highway & Transportation Officials Washington, DC | $177,160,624 | $97,013,353 |
American Beverage Association Washington, DC | $114,967,236 | $101,585,081 |
Credit Union National Association Inc Washington, DC | $67,388,582 | $69,543,852 |
Edison Electric Institute Washington, DC | $198,917,565 | $81,084,181 |
Investment Company Institute Washington, DC | $76,230,571 | $72,478,404 |
Packaging Machinery Manufacturers Institute Inc Herndon, VA | $71,869,344 | $62,733,082 |
Consumer Technology Association Arlington, VA | $357,760,838 | $25,474,279 |
National Retail Federation Inc Washington, DC | $44,909,805 | $48,694,616 |
American Psychiatric Association Washington, DC | $179,554,491 | $53,525,834 |
Mexican Haas Avocado Importers Association Fallston, MD | $10,238,623 | $43,648,629 |
Certified Financial Planner Board Of Standards Inc Washington, DC | $72,477,411 | $49,028,168 |