Mahoning Valley Chapter National Electrical Contractors Assn Inc is located in Boardman, OH. The organization was established in 1976. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Mahoning Valley Chapter National Electrical Contractors Assn Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mahoning Valley Chapter National Electrical Contractors Assn 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 12/2022, Mahoning Valley Chapter National Electrical Contractors Assn Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $575.4k during the year ending 12/2022. While expenses have increased by 3.0% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CULTIVATE & PROMOTE FRIENDLY RELATIONS AMONG PERSONS CONNECTED WITH THE ELECTRICAL CONTRACTING INDUSTRY AND PROVIDE FACILITIES AND A FORUM TO MITIGATE CONTROVERSIES BETWEEN CONTRACTORS & EMPLOYEES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO CULTIVATE & PROMOTE FRIENDLY RELATIONS AMONG PERSONS CONNECTED WITH THE ELECTRICAL CONTRACTING INDUSTRY AND PROVIDE FACILITIES AND A FORUM TO MITIGATE CONTROVERSIES BETWEEN CONTRACTORS & EMPLOYEES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David A Dickey Vice President | OfficerTrustee | 1 | $0 |
Kevin Beil Secretary | OfficerTrustee | 1 | $0 |
Bud Santon President | OfficerTrustee | 1 | $0 |
Tom Beil Treasurer | OfficerTrustee | 1 | $0 |
Jeff Barber Governor | OfficerTrustee | 1 | $0 |
Thomas J Lipka Executive Director | Officer | 40 | $111,350 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $451,503 |
| 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 | $451,503 |
| Total Program Service Revenue | $568,014 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$15,434 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,004,083 |
| 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. | $111,350 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $57,160 |
| Pension plan accruals and contributions | $20,980 |
| Other employee benefits | $33,581 |
| Payroll taxes | $13,004 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,960 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $7,322 |
| Information technology | $9,085 |
| Royalties | $0 |
| Occupancy | $10,663 |
| Travel | $3,381 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $275,555 |
| Interest | $325 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,015 |
| Insurance | $8,165 |
| All other expenses | $0 |
| Total functional expenses | $575,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,404 |
| Savings and temporary cash investments | $240,829 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,602 |
| Loans from Officers, Directors, or Controlling Persons | $5,579 |
| 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 | $59,358 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $981,979 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,327,751 |
| Accounts payable and accrued expenses | $8,503 |
| 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 | $0 |
| Total liabilities | $8,503 |
| Net assets without donor restrictions | $0 |
| 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 | $1,319,248 |
| Total liabilities and net assets/fund balances | $1,327,751 |