National Electrical Contractors Association Inc
- Assets
- $2.2m
- Revenue
- $910.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Lakewood, WA
- Founding
- 01/1959
- Data as of
- 06/2022
- EIN
- 91-0670392
Organization Overview
National Electrical Contractors Association Inc is located in Lakewood, WA. The organization was established in 1959. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2022, National Electrical Contractors Association 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 Association 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 06/2022, National Electrical Contractors Association Inc generated $910.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $946.1k during the year ending 06/2022. While expenses have increased by 11.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE A FOCUS FOR ELECTRICAL CONTRACTOR CONCERNS AND TO PROVIDE SERVICES THAT CREATE VALUE FOR
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTED THE WORKING CONDITIONS AND INDUSTRY STANDARDS FOR ELECTRICIANS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Hite Secretary/executive Director | Officer | 40 | $157,500 |
Travis Sharp Governor | OfficerTrustee | 1 | $0 |
Brandon Betschart President | OfficerTrustee | 1 | $0 |
Steve Doyle Vice President | OfficerTrustee | 1 | $0 |
Gary Gonzales Treasurer | OfficerTrustee | 1 | $0 |
Mardy Betschart Board Member | Trustee | 1 | $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 | $874,985 |
| Investment income | $13,736 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,866 |
| 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 | $909,992 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,500 |
| 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. | $219,785 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,825 |
| Pension plan accruals and contributions | $2,628 |
| Other employee benefits | $7,318 |
| Payroll taxes | $18,398 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,261 |
| Advertising and promotion | $0 |
| Office expenses | $73,394 |
| Information technology | $49,262 |
| Royalties | $0 |
| Occupancy | $23,982 |
| Travel | $21,558 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $378,920 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,712 |
| Insurance | $8,661 |
| All other expenses | $0 |
| Total functional expenses | $946,058 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $395 |
| Savings and temporary cash investments | $776,119 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $88,932 |
| 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 | $9,511 |
| Net Land, buildings, and equipment | $569,674 |
| Investments—publicly traded securities | $791,751 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,236,382 |
| Accounts payable and accrued expenses | $61,318 |
| 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 | $23,079 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $853 |
| Total liabilities | $85,250 |
| Net assets without donor restrictions | $2,151,132 |
| 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 | $2,236,382 |