Electrical Contractors Association Of Greater Boston Inc
- Assets
- $9.7m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 6
- Location
- West Newton, MA
- Founding
- 09/1938
- Data as of
- 12/2021
- EIN
- 04-2030456
Organization Overview
Electrical Contractors Association Of Greater Boston Inc is located in West Newton, MA. The organization was established in 1938. According to its NTEE Classification (J03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Employment and related organizations. As of 12/2021, Electrical Contractors Association Of Greater Boston Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Electrical Contractors Association Of Greater Boston 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, Electrical Contractors Association Of Greater Boston Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 1.5% 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
OPERATIONS OF THE ASSOCIATION ON BEHALF OF THE SIGNATORY CONTRACTORS MEMBERS INCLUDE LABOR RELATIONS, EDUCATION & TRAINING PROGRAMS AND GOVERNMENT RELATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO COLLECT AND ADMINISTER MEMBER DUES IN ADHERENCE TO THE DUTIES AND PURPOSES AS BY THE DECLARATION OF TRUST WITH THE FUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Gowin Executive Manager | Officer | 40 | $238,586 |
Glenn Kingsbury Former Executive Director | 0 | $29,923 | |
Michael Mcdonald Governor | OfficerTrustee | 1 | $0 |
Alan Scharfe President (chair, Boston Div) | OfficerTrustee | 1 | $0 |
Kethleen Guinee Secretary | OfficerTrustee | 1 | $0 |
William Weber Jr Vice President | OfficerTrustee | 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 | $1,464,661 |
| Investment income | $181,645 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,394,410 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,046,859 |
| 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. | $238,998 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $232,342 |
| Pension plan accruals and contributions | $36,846 |
| Other employee benefits | $85,132 |
| Payroll taxes | $35,172 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $48,392 |
| Fees for services: Accounting | $42,521 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $100,285 |
| Advertising and promotion | $64,938 |
| Office expenses | $69,248 |
| Information technology | $18,393 |
| Royalties | $0 |
| Occupancy | $47,766 |
| Travel | $12,293 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $190,037 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,450 |
| Insurance | $10,143 |
| All other expenses | $34,148 |
| Total functional expenses | $1,510,044 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $665,253 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $111,235 |
| 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 | $605,872 |
| Investments—publicly traded securities | $7,818,485 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $506,004 |
| Total assets | $9,706,849 |
| Accounts payable and accrued expenses | $173,715 |
| 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 | $548,043 |
| Total liabilities | $721,758 |
| Net assets without donor restrictions | $8,985,091 |
| 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 | $9,706,849 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Connecticut Center For Advanced Technology Inc East Hartford, CT | $11,814,125 | $9,054,771 |
Electrical Contractors Association Of Greater Boston Inc West Newton, MA | $9,706,849 | $3,046,859 |
Office And Professional Employees International Union New York, NY | $0 | $408,139 |
Association Of Supervisors And Administrators Of Rochester Inc Rochester, NY | $390,084 | $502,666 |
8k Association Inc Norwalk, CT | $732,038 | $455,987 |
Commercial Real Estate Women Of New York Inc Brooklyn, NY | $290,310 | $0 |
Professional Clerical Technical Employees Association Buffalo, NY | $1,198,072 | $237,282 |
Connecticut Quarter Horse Assn Inc Broad Brook, CT | $30,859 | $0 |
New York State Athletic Trainers Association Poughquag, NY | $308,106 | $0 |
Brooklyn & Long Island Chapter Of The American College Of Surgeons Mineola, NY | $76,118 | $151,358 |
Pandion Healthcare Advocacy Inc Rochester, NY | $616,866 | $3,635 |
Public Sector Consortium Inc Cambridge, MA | $454,245 | $0 |