Independent Electrical Contractors Inc
- Assets
- $1.5m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 34
- Location
- Tigard, OR
- Founding
- 02/1979
- Data as of
- 12/2023
- EIN
- 93-1040860
Organization Overview
Independent Electrical Contractors Inc is located in Tigard, OR. The organization was established in 1979. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2023, Independent Electrical Contractors Inc employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Independent Electrical Contractors 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 12/2023, Independent Electrical Contractors Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $2.0m during the year ending 12/2023. While expenses have increased by 12.5% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE GENERAL WELFARE OF MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTER ELECTRICAL APPRENTICESHIP PROGRAM FOR NON-UNION ELECTRICAL APPRENTICES, PROVIDE A FORUM THROUGH CONFERENCES, SOCIAL EVENTS, MEETINGS AND CLASSES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Regier Executive Di | Officer | 40 | $163,238 |
Jeb Albin Director | Trustee | $0 | |
Gary Boom Director | Trustee | $0 | |
Adam Ross Branch Associate Di | Trustee | $0 | |
Jon Coulimore Director | Trustee | $0 | |
Aaron Van Fleet President | OfficerTrustee | $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 | $8,094 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,094 |
| Total Program Service Revenue | $2,057,453 |
| Investment income | $6,247 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,635 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,073,426 |
| 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. | $163,238 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $798,174 |
| Pension plan accruals and contributions | $19,371 |
| Other employee benefits | $101,251 |
| Payroll taxes | $76,446 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,683 |
| Fees for services: Accounting | $15,604 |
| Fees for services: Lobbying | $22,800 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,887 |
| Advertising and promotion | $4,685 |
| Office expenses | $31,510 |
| Information technology | $21,649 |
| Royalties | $0 |
| Occupancy | $259,143 |
| Travel | $3,094 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $129,082 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,581 |
| Insurance | $0 |
| All other expenses | $96,960 |
| Total functional expenses | $1,975,057 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $161,165 |
| Savings and temporary cash investments | $303,502 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $391,615 |
| 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 | $26,902 |
| Net Land, buildings, and equipment | $59,533 |
| Investments—publicly traded securities | $218,466 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $374,082 |
| Total assets | $1,535,265 |
| Accounts payable and accrued expenses | $61,468 |
| Grants payable | $0 |
| Deferred revenue | $172,289 |
| 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 | $233,757 |
| Net assets without donor restrictions | $0 |
| 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 | $1,301,508 |
| Total liabilities and net assets/fund balances | $1,535,265 |