Electric & Gas Industries Association
- Assets
- $17.1m
- Revenue
- $16.0m
- Investments
- $3.8m
- Employees
- 95
- Location
- Sacramento, CA
- Founding
- 08/1966
- Data as of
- 12/2022
- EIN
- 94-1625217
Organization Overview
Electric & Gas Industries Association is located in Sacramento, CA. The organization was established in 1966. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Electric & Gas Industries Association employed 95 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Electric & Gas Industries Association 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 12/2022, Electric & Gas Industries Association generated $16.0m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $17.4m during the year ending 12/2022. 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 ADVANCE ENERGY EFFICIENCY AND RENEWABLE ENERGY SOLUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSUMER REBATES (REIMBURSED BY UTILITY COMPANIES) FOR ENERGY EFFICIENT APPLIANCES.
CERTIFICATION AND EDUCATION PROGRAMS FOR MEMBERS & CONSUMERS.
MARKETS LOAN PROGRAMS FOR FINANCE COMPANIES AND PROVIDES INPUT ON HOW TO DESIGN THE LOAN PROGRAMS FOR MAXIMUM UTILIZATION BY CONTRACTORS.
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 |
|---|---|---|---|
Bruce Matulich Sectretary/ceo | OfficerTrustee | 40 | $452,483 |
Eddie Javaid Chief Technology Officer | Officer | 40 | $294,802 |
Joe Calabrese Left 2022 Treasurer/cfo | OfficerTrustee | 40 | $314,306 |
Jeff Matulich VP Marketing | Officer | 40 | $249,496 |
Eric Hatton VP Utility And Gov | Officer | 40 | $266,715 |
Matthew Bratsis VP Contract Services | Officer | 40 | $236,731 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Microf Llc Lease Services | 12/30/22 | $276,199 |
Russel Horrocks Speaking Services | 12/30/22 | $122,368 |
Cameron Consortium Llc Consulting | 12/30/22 | $322,805 |
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 | $15,924,462 |
| Investment income | $145,442 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$117,154 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,952,750 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $67,810 |
| 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. | $1,987,648 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,028,935 |
| Pension plan accruals and contributions | $117,326 |
| Other employee benefits | $1,231,560 |
| Payroll taxes | $509,227 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $383 |
| Fees for services: Accounting | $19,106 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $215,071 |
| Office expenses | $67,522 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $318,282 |
| Travel | $500,318 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $165,909 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,177,993 |
| Insurance | $86,314 |
| All other expenses | $68,734 |
| Total functional expenses | $17,423,159 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $862,808 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,085,988 |
| Loans from Officers, Directors, or Controlling Persons | $100,000 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $357,447 |
| Net Land, buildings, and equipment | $3,228,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,769,803 |
| Investments—program-related | $0 |
| Intangible assets | $1,522,500 |
| Other assets | $6,160,253 |
| Total assets | $17,086,799 |
| Accounts payable and accrued expenses | $1,622,705 |
| Grants payable | $0 |
| Deferred revenue | $2,121,079 |
| 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 | $216,363 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,744,713 |
| Total liabilities | $10,704,860 |
| Net assets without donor restrictions | $6,381,939 |
| 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 | $17,086,799 |