National Electrical Manufacturers Association
- Assets
- $26.9m
- Revenue
- $22.5m
- Investments
- $8.4m
- Employees
- 73
- Location
- Rosslyn, VA
- Founding
- 10/1937
- Data as of
- 12/2021
- EIN
- 13-1085700
Organization Overview
National Electrical Manufacturers Association, operating under the name Nema, is located in Rosslyn, VA. The organization was established in 1937. 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 12/2021, Nema employed 73 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nema 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, Nema generated $22.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $21.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Nema has awarded 66 individual grants totaling $702,167. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE STATE OF ELECTRICAL MANUFACTURING IN THE U.S. THROUGH DEVELOPMENT OF CONSENSUS-BASED STANDARDS, EFFECTIVE ADVOCACY ACROSS ALL LEVELS OF GOVERNMENT, AND PROVIDING DECISION-QUALITY BUSINESS INTELLIGENCE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCT OPERATIONS: SERVES APPROXIMATELY 325 MEMBER COMPANIES, EACH OF WHICH MANUFACTURE ONE OR MORE PRODUCTS WITHIN THE ASSOCIATION'S PRODUCT SCOPE AREAS (OVER 50 DIFFERENT CATEGORIES). ACTIVITIES INCLUDE DEVELOPMENT AND PROMOTION OF VOLUNTARY PRODUCT STANDARDS, SURVEYS AND REPORTS, EDUCATIONAL PROGRAMS, SEMINARS, INTERNATIONAL TRADE MATTERS, AND PRODUCT SAFETY.
ENGINEERING AND STANDARDS: PROVIDES TECHNICAL COORDINATION AND GUIDELINES TO ASSOCIATION MEMBERS ON STANDARDS, LEGISLATION AND REGULATIONS. DEVELOPS AND PUBLISHES NEMA STANDARDS. ENSURES PROPOSED STANDARDS DO NOT CONFLICT WITH EXISTING NATIONAL AND INFORMATIONAL STANDARDS. CONDUCTS ENGINEERING FIELD PROGRAMS TO PROVIDE FEEDBACK TO MEMBERS ON STATE AND LOCAL BUILDING AND ELECTRICAL CODE ISSUES.
STATISTICAL AND INDUSTRY ANALYTICAL SERVICES: GATHERS, COMPILES, ANALYZES, AND DISSEMINATES STATISTICAL DATA ABOUT ELECTRICAL PRODUCTS, MEDICAL IMAGING, AND RADIOPHARMACEUTICAL INDUSTRIES.
GOVERNMENT RELATIONS PROVIDES ISSUE ANALYSIS AND ADVOCACY ON BEHALF OF THE ASSOCIATION AND ITS PRODUCT SECTIONS ON LEGISLATIVE AND REGULATORY TOPICS THAT IMPACT ELECTRICAL EQUIPMENT AND MEDICAL IMAGING MARKETS. LEGISLATIVE AND REGULATORY ACTIVITY OCCURS AT FEDERAL, STATE, AND LOCAL LEVELS. TOPICS INCLUDE ENERGY, ENVIRONMENT, HEALTH AND SAFETY, TRADE, TRANSPORTATION, AND COMMERCIAL AFFAIRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Governor | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Schmidt Public Affairs Professional Services/public Affairs/public Relations | 12/30/21 | $775,950 |
Leavitt Partners Collaborative Consulting Services | 12/30/21 | $405,000 |
Russell Reynolds Associates Inc Prof. Services - Executive Recruitment Search | 12/30/21 | $297,270 |
Tarplin Downs & Young Llc Lobbying Services | 12/30/21 | $275,000 |
Capitol Counsel Llc Professional Services | 12/30/21 | $245,000 |
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 | $18,788,270 |
| Investment income | $1,335,956 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,347,428 |
| Net Rental Income | $14,746 |
| Net Gain/Loss on Asset Sales | $958,639 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,525,604 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $65,850 |
| 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. | $3,678,205 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,137,688 |
| Pension plan accruals and contributions | $1,146,691 |
| Other employee benefits | $655,217 |
| Payroll taxes | $598,005 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,181 |
| Fees for services: Accounting | $59,269 |
| Fees for services: Lobbying | $1,410,500 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $83,590 |
| Fees for services: Other | $3,441,330 |
| Advertising and promotion | $39,018 |
| Office expenses | $222,055 |
| Information technology | $159,826 |
| Royalties | $3,330 |
| Occupancy | $1,391,057 |
| Travel | $211,726 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $272,780 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $337,897 |
| Insurance | $112,176 |
| All other expenses | $21,161 |
| Total functional expenses | $21,418,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,717,839 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $798,204 |
| 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 | $246,661 |
| Net Land, buildings, and equipment | $1,626,104 |
| Investments—publicly traded securities | $4,993,105 |
| Investments—other securities | $8,362,612 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,136,117 |
| Total assets | $26,880,642 |
| Accounts payable and accrued expenses | $2,540,170 |
| Grants payable | $0 |
| Deferred revenue | $7,012,911 |
| 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 | $4,555,987 |
| Total liabilities | $14,109,068 |
| Net assets without donor restrictions | $12,771,574 |
| 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 | $26,880,642 |
Grants Awarded
Over the last fiscal year, National Electrical Manufacturers Association has awarded $60,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: Sponsorship of Product Management Alliance's 2021 activities | $15,000 |
New York, NY PURPOSE: Sponsorship | $15,000 |
Grand Rapids, MI PURPOSE: Support advocacy work | $10,000 |
Chicago, IL PURPOSE: Sponsorship | $10,000 |
Washington, DC PURPOSE: General support | $10,000 |
Endowment Analysis
| Beg. Balance | $12,560,910 |
| Earnings | $886,387 |
| Admin Expense | $83,390 |
| Other Expense | $2,324,292 |
| Ending Balance | $11,039,615 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Psychiatric Association Washington, DC | $179,554,491 | $53,525,834 |
Srcco Inc Durham, NC | $42,497,453 | $49,465,239 |
Mexican Haas Avocado Importers Association Fallston, MD | $10,238,623 | $43,648,629 |
Certified Financial Planner Board Of Standards Inc Washington, DC | $72,477,411 | $49,028,168 |
Guaranty Association Benefits Company Washington, DC | $1,687,230,547 | $54,247,522 |
American Trucking Associations Inc Washington, DC | $115,646,374 | $45,819,466 |
Entertainment Software Association Washington, DC | $37,670,266 | $39,894,859 |
Fs-Isac Inc Reston, VA | $27,418,346 | $31,957,295 |
National Business Aviation Association Inc Washington, DC | $41,505,986 | $35,013,449 |
National Association Of Convenience Stores Inc Alexandria, VA | $81,131,547 | $56,800,862 |
Corporation For Travel Promotion Washington, DC | $155,155,340 | $50,300,586 |
Alliance For Automotive Innovation Washington, DC | $16,322,930 | $27,313,596 |