Florida Electrical Association is located in Ocala, FL. The organization was established in 2012. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Electrical Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Florida Electrical Association generated $198.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 41.2% each year . All expenses for the organization totaled $201.9k during the year ending 12/2022. While expenses have increased by 27.0% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TRAINING OF APPRENTICES AND PROMOTION OF THE ELECTRICAL TRADE TO THE PUBLIC AND FUTURE TRADESMEN IN THE ELECTRICAL TRADES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Crandon Secretary/tr | 40 | $72,031 | |
Phillip Williams Vice-Preside | 0 | $0 | |
Thomas Muller President | 0 | $0 | |
Candace Bramlett Director | 0 | $0 | |
Scott Monsees Director | 0 | $0 | |
Robert Bramlett Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,435 |
| Total Program Service Revenue | $170,664 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $198,099 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $99,667 |
| Professional fees and other payments to independent contractors | $7,522 |
| Occupancy, rent, utilities, and maintenance | $6,451 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $87,762 |
| Total expenses | $201,886 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,843 |
| Other assets | $0 |
| Total assets | $50,843 |
| Total liabilities | $2,500 |
| Net assets or fund balances | $48,343 |