International Electrical Testing Assoc
- Assets
- $4.7m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Portage, MI
- Founding
- 07/1979
- Data as of
- 12/2021
- EIN
- 13-2983834
Organization Overview
International Electrical Testing Assoc is located in Portage, MI. The organization was established in 1979. 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. International Electrical Testing Assoc 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, International Electrical Testing Assoc generated $2.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $2.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 7 years. 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 SERVE THE ELECTRICAL TESTING INDUSTRY BY ESTABLISHING STANDARDS; PUBLISHING SPECIFICATIONS; ACCREDITING INDEPENDENT, THIRD PARTY, ELECTRICAL TESTING COMPANIES; CERTIFYING TEST TECHNICIANS; AND PROMOTING THE PROFESSIONAL SERVICES OF ITS MEMBERS. THE ASSOCIATION ALSO COLLECTS AND DISSEMINATES INFORMATION AND DATA OF VALUE TO THE ELECTRICAL INDUSTRY AND EDUCATES THE PUBLIC AND END USER ABOUT THE MERITS OF ELECTRICAL ACCEPTANCE AND MAINTENANCE TESTING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP, WHICH PROVIDES MEMBERS ACCESS TO NETA, WAS CREATED TO FILL A NECESSARY REQUIREMENT IN THE APPLICATION AND USE OF ELECTRICAL POWER. TO THIS END, NETA HAS DEVELOPED AND PROMULGATED STANDARDS FOR TESTING NEWLY INSTALLED POWER SYSTEMS PRIOR TO ENERGIZATION AS WELL AS EXISTING IN-SERVICE POWER SYSTEMS. TO AID IN THE ASSESSMENT OF THESE SYSTEMS, NETA HAS DEVELOPED PROTOCOLS TO TRAIN AND CERTIFY TECHNICIANS IN THE TESTING METHODOLOGY NECESSARY TO CORRECTLY EVALUATE THE EQUIPMENT AND SYSTEMS.
NETA HOSTS THE ANNUAL POWERTEST ELECTRICAL SAFETY AND MAINTENANCE CONFERENCE. POWERTEST INCLUDES PAPER PRESENTATIONS ON SAFETY, RELIABILITY, AND EQUIPMENT; A NEW PRODUCT FORUM; A TRADE SHOW; INTERACTIVE PANEL SESSIONS AND SYMPOSIUMS, POST-CONFERENCE SEMINARS AND VARIOUS NETWORKING OPPORTUNITIES. THE CONFERENCE IS HELD OVER A PERIOD OF FOUR DAYS DURING THE MONTH OF FEBRUARY.
NETA WORLD, THE OFFICIAL PUBLICATION OF THE INTERNATIONAL ELECTRICAL TESTING ASSOCIATION, IS THE ELECTRICAL TESTING INDUSTRY'S LEADING TECHNICAL JOURNAL FOR UP-TO-DATE INFORMATION ON PRODUCTS, SERVICES, TIPS AND TECHNIQUES. EACH QUARTER, NETA WORLD DELIVERS COVERAGE OF THE LATEST INDUSTRY TRENDS, TECHNOLOGY BREAKTHROUGHS, NEW PRODUCTS, AND SOLUTIONS, AS WELL AS MAINTENANCE AND TROUBLESHOOTING TIPS FOR POWER DISTRIBUTION SYSTEMS. NETA WORLD ALSO OFFERS CUSTOMER CASE STUDIES, TRAINING INFORMATION, AND HELPFUL LINKS TO SCORES OF IN-DEPTH RESOURCES. NETA WORLD HAS A READERSHIP OF OVER 80,000 WORLDWIDE. THIS QUARTERLY TECHNICAL JOURNAL IS DISTRIBUTED THROUGH THE FOLLOWING AVENUES: O PAID SUBSCRIPTIONS PURCHASED BY INDIVIDUALS OR CORPORATIONS ACTIVELY INVOLVED IN THE ELECTRICAL TESTING INDUSTRY. O DISTRIBUTION TO NETA ACCREDITED COMPANIES AND AFFILIATES TO THE TECHNICAL INDUSTRY. O RECIPROCAL SUBSCRIPTIONS TO QUALIFIED INDUSTRY ANALYSTS, CONSULTANTS, AND TRAINING PROVIDERS. O COMPLIMENTARY COPIES TO DIRECT CUSTOMERS OF NETA OR INDIVIDUALS REQUESTING INFORMATION ABOUT THE ASSOCIATION'S PRODUCTS OR SERVICES. O SPECIAL PROMOTIONS, EVENTS, AND OTHER NATIONWIDE MARKETING EFFORTS.
PRINTED & DISTRIBUTED SPECIFICATIONS, BOOKLETS AND PAPERS FOR MEMBERS; TRAININGS, SEMINARS, EXAMS AND OTHER RESEARCH AND DEVELOPMENT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Bassett Vice Preside | OfficerTrustee | 10 | $0 |
Bob Sheppard 2nd Vice Pre | OfficerTrustee | 3 | $0 |
Eric Beckman President | OfficerTrustee | 4 | $0 |
John White Treasurer | OfficerTrustee | 5 | $0 |
Melissa Richard Executive Di | Officer | 40 | $0 |
Dan Hook Trustee | Trustee | 6 | $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 | $2,441,402 |
| Investment income | $42,877 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $61,405 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $324,499 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,870,183 |
| 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. | $0 |
| 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 | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $1,550,573 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,547 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $107,998 |
| Office expenses | $36,090 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $105,418 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,664 |
| All other expenses | $132,756 |
| Total functional expenses | $2,738,996 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,391 |
| Savings and temporary cash investments | $1,171,196 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $344,229 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $64,600 |
| Prepaid expenses and deferred charges | $483,338 |
| Net Land, buildings, and equipment | $1,382 |
| Investments—publicly traded securities | $2,469,706 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $5,241 |
| Other assets | $0 |
| Total assets | $4,686,083 |
| Accounts payable and accrued expenses | $104,895 |
| Grants payable | $0 |
| Deferred revenue | $630,743 |
| 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 | $0 |
| Total liabilities | $735,638 |
| Net assets without donor restrictions | $3,950,445 |
| 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 | $4,686,083 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Licking Rural Electrification Inc Newark, OH | $14,456,355 | $20,280,714 |
Holmes-Wayne Electric Cooperative Inc Millersburg, OH | $106,409,889 | $19,641,088 |
Jay County Rural Electric Membership Corporation Portland, IN | $32,510,611 | $21,221,936 |
Orange County Rural Electric Membership Corporation Orleans, IN | $101,879,716 | $17,771,155 |
Alger Delta Co-Op Electric Association Gladstone, MI | $51,999,429 | $17,663,679 |
North Western Electric Cooperative Bryan, OH | $40,775,268 | $17,328,777 |
Oconto Electric Cooperative Oconto Falls, WI | $45,027,823 | $17,184,584 |
Frontier Power Company Coshocton, OH | $49,311,017 | $16,508,516 |
Darke Rural Electric Cooperative Inc Greenville, OH | $41,219,507 | $16,435,137 |
Central Wisconsin Electric Cooperative Rosholt, WI | $60,789,666 | $16,195,495 |
Adams Rural Electric Cooperative Inc West Union, OH | $40,089,293 | $17,363,278 |
Miami-Cass County Rural Electric Membership Corporation Peru, IN | $45,887,388 | $16,915,626 |