Cape Fear Electrical Contractors Association
- Assets
- $58.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- 10/2019
- Data as of
- 12/2022
- EIN
- 82-2006829
Organization Overview
Cape Fear Electrical Contractors Association is located in Wilmington, NC. The organization was established in 2019. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, 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. Cape Fear Electrical Contractors 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, Cape Fear Electrical Contractors Association generated $21.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $13.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.9%) per year over the past 4 years. 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
PROMOTE BETTER EDUCATION FOR OWNERS AND EMPLOYEES OF ELECTRCIAL TRADE ABOUT STATE BUILDING CODES AND SAFETY CODES, IMPROVE EDUCATION OPPORTUNITIES FOR EMPLOYMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Norris Treasurer | 10 | $0 | |
Billy Gideons Vice President | 5 | $0 | |
Burt Vezina President | 5 | $0 | |
Jonathan Jones Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $13,750 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,420 |
| Other Revenue | $225 |
| Total Revenue | $21,395 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $165 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $96 |
| Other expenses | $12,825 |
| Total expenses | $13,086 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,617 |
| Other assets | $0 |
| Total assets | $58,617 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,617 |