National Electrical Contractors
- Assets
- $2.2m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 4
- Location
- Spokane, WA
- Founding
- 07/1950
- Data as of
- 12/2021
- EIN
- 91-0547348
Organization Overview
National Electrical Contractors is located in Spokane, WA. The organization was established in 1950. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, National Electrical Contractors employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National 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 12/2021, National Electrical Contractors generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $901.0k during the year ending 12/2021. While expenses have increased by 10.0% 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
REPRESENT ELECTRICAL CONTRACTORS IN UNION NEGOTIATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPRESENT, PROMOTE, AND ENHANCE THE CONTRACTORS' INTERESTS THROUGH LABOR RELATIONS, EDUCATION, TRAINING, AND THE CREATION OF A BETTER BUSINESS ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Chally Executive Manager | 40 | $209,760 | |
Todd Bro Vice President | Officer | 0 | $0 |
David Peterson Govenor | Officer | 0 | $0 |
Mitch Murphy President | Officer | 0 | $0 |
Tony Edwards Treasurer | Officer | 0 | $0 |
Sonny Town Director | Officer | 0 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,138,654 |
| Investment income | $59,869 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $686 |
| 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 | $1,210,954 |
| 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. | $209,760 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $129,729 |
| Pension plan accruals and contributions | $55,272 |
| Other employee benefits | $0 |
| Payroll taxes | $24,095 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,700 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,037 |
| Fees for services: Other | $0 |
| Advertising and promotion | $250 |
| Office expenses | $8,785 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,645 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $40,744 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,510 |
| Insurance | $69,653 |
| All other expenses | $32,468 |
| Total functional expenses | $900,953 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,493 |
| Savings and temporary cash investments | $919 |
| 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 | $177,772 |
| Investments—publicly traded securities | $1,876,733 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,056 |
| Total assets | $2,167,973 |
| 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 | $1,368 |
| Total liabilities | $1,368 |
| Net assets without donor restrictions | $2,166,605 |
| 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 | $2,167,973 |
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