Electri International The Foundation For Electrical

Organization Overview

Electri International The Foundation For Electrical, operating under the name Electri International, is located in Washington, DC. The organization was established in 1988. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Electri International 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 12/2021, Electri International generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 2.0% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO USE ITS RESOURCES TO COMMISSION AND DISSEMINATE COLLABORATIVE AND INNOVATIVE RESEARCH, EDUCATION, AND TECHNOLOGY SOLUTIONS THAT ADVANCE THE FUTURE GROWTH AND PROSPERITY OF THE ELECTRICAL CONSTRUCTION INDUSTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RESEARCH INVESTIGATES TRENDS THAT AFFECT THE ELECTRICAL INDUSTRY. AS A RESULT, ELECTRICAL CONTRACTORS, MANUFACTURERS AND DISTRIBUTORS RECEIVE SUPPORT IN THEIR BUSINESS EFFORTS FROM TOP QUALITY RESEARCH.


THE ELECTRI COUNCIL COMMISSIONS ACCURATE, RELIABLE, TOP QUALITY RESEARCH TO SUPPORT ELECTRICAL CONTRACTORS IN THEIR BUSINESS EFFORTS AND HELPS PREPARE THE INDUSTRY FOR NEW BUSINESS AND TECHNOLOGY REALITIES OF THE 21ST CENTURY.


EDUCATION PROVIDES SCHOLARSHIPS AND OTHER EDUCATIONAL OPPORTUNITIES TO STUDENTS STUDYING AND ENTERING THE ELECTRICAL CONTRACTING PROFESSION AND RELATED PROFESSIONS. THERE ARE SCHOLARSHIPS, GRANTS, AND STIPENDS OFFERED TO NECA CHAPTERS, NECA STUDENT CHAPTERS AND FACULTY MEMBERS. PRIZE MONIES ARE ALSO AWARDED FOR STUDENT COMPETITIONS ANNUALLY.


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Board, Officers & Key Employees

Name (title)Compensation
Joshua Bone
Executive Director/secretary
$263,064
David Long
Treasurer
$0
Larry Beltramo
President
$0
Michael Parkes
Vice President
$0
David Hardt
Board Of Trustees
$0
Kellie Holland
Board Of Trustees
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$250,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,743,045
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,993,045
Total Program Service Revenue$0
Investment income $606,895
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $290,292
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,895,459

Grants Awarded

Over the last fiscal year, Electri International The Foundation For Electrical has awarded $43,000 in support to 4 organizations.

Grant RecipientAmount

PENN STATE UNIVERSITY

Org PageRecipient Profile

University Park, PA

PURPOSE: STUDENT PASSPORT AWARDS

$17,500

UNIVERSITY OF TEXAS SAN ANTONIO

PURPOSE: 2014 ECA AWARD

$9,000

ECU FOUNDATION INC

Org PageRecipient Profile

Greenville, NC

PURPOSE: 2014 ECA AWARD

$9,000

PURDUE UNIVERSITY

Org PageRecipient Profile

West Lafayette, IN

PURPOSE: STUDENT PASSPORT AWARDS

$7,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Electri International The Foundation For Electrical has recieved totaling $10,000.

Awarding OrganizationAmount
$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,640,640
Earnings$493,625
Net Contributions$2,066
Other Expense$260,722
Ending Balance$5,875,609

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