Independent Electrical Contractors Inc
- Assets
- $1.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 24
- Location
- Tigard, OR
- Founding
- 02/1979
- Data as of
- 12/2021
- 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 12/2021, Independent Electrical Contractors Inc employed 24 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 12/2021, Independent Electrical Contractors Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 16.3% 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
2021
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Regier Executive Di | Officer | 40 | $129,046 |
Aaron Van Fleet Director | OfficerTrustee | $0 | |
Shirlee Mcarthur Treasurer | OfficerTrustee | $0 | |
Liam O'brien Vice Preside | OfficerTrustee | $0 | |
Jenee' Pearce-Mushen Secretary | OfficerTrustee | $0 | |
Kent Zimmerman Immediate Pa | 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 | $14,306 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,306 |
| Total Program Service Revenue | $1,501,617 |
| Investment income | $4,857 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,770 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,527,550 |
| 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. | $129,046 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $520,917 |
| Pension plan accruals and contributions | $15,001 |
| Other employee benefits | $65,700 |
| Payroll taxes | $62,345 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $874 |
| Fees for services: Accounting | $27,249 |
| Fees for services: Lobbying | $22,800 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,890 |
| Advertising and promotion | $3,911 |
| Office expenses | $17,236 |
| Information technology | $1,999 |
| Royalties | $0 |
| Occupancy | $190,820 |
| Travel | $2,491 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $58,481 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $591 |
| Insurance | $0 |
| All other expenses | $39,522 |
| Total functional expenses | $1,337,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,793 |
| Savings and temporary cash investments | $651,369 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $173,378 |
| 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 | $25,180 |
| Net Land, buildings, and equipment | $887 |
| Investments—publicly traded securities | $228,674 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,678 |
| Total assets | $1,205,959 |
| Accounts payable and accrued expenses | $30,612 |
| Grants payable | $0 |
| Deferred revenue | $163,491 |
| 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 | $19,263 |
| Total liabilities | $213,366 |
| 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 | $992,593 |
| Total liabilities and net assets/fund balances | $1,205,959 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Independent Electrical Contractors Inc has recieved totaling $20,500.
| Awarding Organization | Amount |
|---|---|
Independent Electrical Contractors Foundation Monroeville, PA PURPOSE: EQUIPMENT FOR TRAINING CENTER LABS | $20,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carpenters Apprenticeship And Training Tr Fund For No Calif Oakland, CA | $171,540,821 | $34,465,200 |
Apprentice & Journeyman Trg Tr Fund Of So Ca Plmg Htg & Piping Indus Van Nuys, CA | $88,595,623 | $30,355,714 |
San Jose Conservation Corps San Jose, CA | $19,791,055 | $20,498,462 |
Ubc National Job Corps Training Fund Inc Las Vegas, NV | $4,409,802 | $17,106,276 |
Farestart Seattle, WA | $25,249,584 | $20,206,425 |
Career Path Services-Employment And Training Spokane, WA | $3,840,568 | $14,724,825 |
Operating Engineers And Participating Employers Pre-Appren Alameda, CA | $54,508,711 | $21,288,899 |
Carpenters Employers Apprenticeship & Training Tr Fund Western Wash Kent, WA | $76,810,852 | $18,647,454 |
Wtia Workforce Institute Issaquah, WA | $6,744,396 | $12,393,362 |
Tehama County Opportunity Center Inc Red Bluff, CA | $4,972,535 | $13,091,627 |
Los Angeles Electrical Joint Apprenticeship & Educational Train City of Commerce, CA | $32,592,862 | $16,750,183 |
Downtown Streets Inc San Jose, CA | $3,579,891 | $11,604,871 |