National Electrical Contractors Assoc Inc is located in Cottonwood Heights, UT. The organization was established in 1974. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, National Electrical Contractors Assoc Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Electrical Contractors Assoc 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, National Electrical Contractors Assoc Inc generated $5.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $2.7m during the year ending 12/2021. While expenses have increased by 4.7% 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
PROVIDING LABOR CONTRACT NEGOTIATING AND MAINTENANCE SERVICES,SUBSTANCE ABUSE TESTING AND OTHER MEMBER SERVICES FOR ELECTRICAL CONTRACTORS PRIMARILY IN THE WESTERN UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LABOR CONTRACT NEGOTIATING AND MAINTENANCE SERVICES, SUBSTANCE ABUSE TESTING AND OTHER MEMBER SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jules W Weaver Executive Director | Officer | 40 | $293,700 |
Kari Kershaw Office Manager | 40 | $102,550 | |
Kent Maughan Governor/ut Chair | OfficerTrustee | 1 | $0 |
Aj Zartman Treasurer/nv Chair | OfficerTrustee | 1 | $0 |
James Stapp President/ca Chair | OfficerTrustee | 1 | $0 |
Ted Leineke Vice President/id Chair | OfficerTrustee | 1 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $3,901,255 |
Investment income | $263,287 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,130,504 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,295,046 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $622,196 |
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. | $376,985 |
Compensation of current officers, directors, key employees. | $75,397 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $151,475 |
Pension plan accruals and contributions | $31,842 |
Other employee benefits | $30,425 |
Payroll taxes | $24,907 |
Fees for services: Management | $16,426 |
Fees for services: Legal | $62,677 |
Fees for services: Accounting | $750 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $7,145 |
Office expenses | $43,732 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $29,052 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $258,498 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $53,682 |
Insurance | $13,563 |
All other expenses | $0 |
Total functional expenses | $2,706,467 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,628,150 |
Savings and temporary cash investments | $3,235,489 |
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 | $113,305 |
Investments—publicly traded securities | $13,920,039 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $19,896,983 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $2,628,150 |
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 | $2,628,150 |
Net assets without donor restrictions | $17,268,833 |
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 | $19,896,983 |
Organization Name | Assets | Revenue |
---|---|---|
United Electric Co-Op Inc Heyburn, ID | $23,389,299 | $19,882,483 |
Roosevelt County Electric Cooperative Incorporated Portales, NM | $65,511,753 | $18,141,245 |
Wheatland Rural Electric Association Wheatland, WY | $32,258,120 | $17,112,530 |
Carbon Power & Light Inc Saratoga, WY | $55,820,091 | $15,960,147 |
Consolidated Mutual Water Company Lakewood, CO | $221,800,692 | $15,225,271 |
Big Horn Rural Electric Company Basin, WY | $40,876,204 | $16,016,362 |
Graham County Electric Cooperative Inc Pima, AZ | $54,360,204 | $15,258,294 |
Columbus Electric Cooperative Inc Deming, NM | $51,291,020 | $15,018,624 |
Bridger Valley Electric Association Inc Mountain View, WY | $29,731,206 | $13,433,186 |
Mora-San Miguel Electric Cooperative Inc Mora, NM | $28,478,652 | $12,852,709 |
Niobrara Electric Association Inc Lusk, WY | $30,067,658 | $12,306,280 |
Sierra Electric Cooperative Inc Elephant Butte, NM | $28,287,663 | $9,920,270 |