Association Of Electrical Contractors Inc
- Assets
- $269.6k
- Revenue
- $54.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Ronkonkoma, NY
- Founding
- 06/1961
- Data as of
- 12/2021
- EIN
- 11-1976583
Organization Overview
Association Of Electrical Contractors Inc is located in Ronkonkoma, NY. The organization was established in 1961. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of 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, Association Of Electrical Contractors Inc generated $54.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (31.0%) each year. All expenses for the organization totaled $404.0k during the year ending 12/2021. 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
TO FOSTER THE INTEREST OF THOSE ENGAGED IN THE ELECTRICAL CONTRACTING BUSINESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION INVITES SPEAKERS TO THEIR MONTHLY MEETINGS TO ADDRESS INDUSTRY ISSUES AND TO PROVIDE EDUCATIONAL INFORMATION TO THE MEMBERS. THE ASSOCIATION'S OFFICES ARE USED FOR EDUCATIONAL SEMINARS AND CONFERENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danielle Mannino Executive Director | OfficerTrustee | 34 | $78,482 |
John Mannino President | OfficerTrustee | 1 | $0 |
Kory Kleinberg Financial Scretary/treasur | OfficerTrustee | 1 | $0 |
Henry Goldberg General Counsel | OfficerTrustee | 1 | $0 |
Christopher Baumert Sergeant-At-Arms | OfficerTrustee | 1 | $0 |
Brian Craig General Counsel | 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 | $53,971 |
| Investment income | $25 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $53,996 |
| 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. | $84,753 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,491 |
| Payroll taxes | $6,859 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,312 |
| Fees for services: Accounting | $12,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $7,622 |
| Information technology | $3,644 |
| Royalties | $0 |
| Occupancy | $11,573 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,027 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,993 |
| All other expenses | $0 |
| Total functional expenses | $403,984 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,058 |
| Savings and temporary cash investments | $203,109 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,444 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $269,611 |
| Accounts payable and accrued expenses | $4,946 |
| 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 | -$1,811 |
| Total liabilities | $3,135 |
| Net assets without donor restrictions | $266,476 |
| 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 | $269,611 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vermont Electric Cooperative Inc Johnson, VT | $204,848,762 | $87,075,764 |
Adams Electric Cooperative Inc Gettysburg, PA | $218,291,432 | $70,869,610 |
Tri-County Rural Electric Cooperative Inc Mansfield, PA | $151,909,574 | $33,038,928 |
United Electric Cooperative Inc Du BOIS, PA | $114,867,848 | $31,031,818 |
Central Electric Cooperative Inc Parker, PA | $123,976,880 | $28,207,685 |
Somerset Rural Electric Cooperative Inc Somerset, PA | $44,691,676 | $24,950,814 |
Sussex Rural Electric Cooperative Inc Sussex, NJ | $50,512,661 | $23,931,586 |
Tm Forum Parsippany, NJ | $17,539,747 | $22,734,515 |
School And Municipal Energy Cooperative Of Western New York West Seneca, NY | $5,155,004 | $20,423,578 |
Rea Energy Cooperative Inc Indiana, PA | $139,260,164 | $26,641,958 |
Claverack Rural Electric Cooperative Inc Wysox, PA | $106,788,216 | $23,056,414 |
Northwestern Rural Electric Cooperative Association Inc Cambridge Springs, PA | $114,436,291 | $21,945,807 |