Civic Intelligence

Electrical Contractors Association Of

990 • Fiscal year 2017 • EIN 04-2030456

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

106 River StreetWest Newton, MA 02465

(617) 969-2521

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

23rd percentile

0.07x

Higher debt load relative to assets than 23% of similar nonprofits.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

49th percentile

0.29x

Higher debt load relative to revenue than 49% of similar nonprofits.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2017

Net Margin

47th percentile

3.5%

Higher net margin than 47% of similar nonprofits.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

51st percentile

$266,990

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 18.2% of source-year revenue.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2017

Asset Growth

59th percentile

8.1%

Faster asset growth than 59% of similar nonprofits.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

54th percentile

4.8%

Faster revenue growth than 54% of similar nonprofits.

2017 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$5,991,366

Up $448,034 (+8.1%) from 2016

Net Assets

Up

$5,561,547

Up $467,886 (+9.2%) from 2016

Liabilities

Down

$429,819

Down $19,852 (-4.4%) from 2016

Revenue

Up

$1,469,270

Up $67,160 (+4.8%) from 2016

Expenses

Up

$1,417,827

Up $57,646 (+4.2%) from 2016

Net Income

Up

$51,443

Up $9,514 (+23%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $4,338,610Liabilities 2011: $232,206Net Assets 2011: $4,106,4042011Assets 2012: $4,615,469Liabilities 2012: $286,864Net Assets 2012: $4,328,6052012Assets 2013: $5,066,871Liabilities 2013: $339,034Net Assets 2013: $4,727,8372013Assets 2014: $5,356,040Liabilities 2014: $341,018Net Assets 2014: $5,015,0222014Assets 2015: $5,329,679Liabilities 2015: $480,570Net Assets 2015: $4,849,1092015Assets 2016: $5,543,332Liabilities 2016: $449,671Net Assets 2016: $5,093,6612016Assets 2017: $5,991,366Liabilities 2017: $429,819Net Assets 2017: $5,561,5472017Assets 2018: $5,925,349Liabilities 2018: $656,582Net Assets 2018: $5,268,7672018Assets 2019: $6,603,004Liabilities 2019: $569,435Net Assets 2019: $6,033,5692019Assets 2020: $7,513,904Liabilities 2020: $552,756Net Assets 2020: $6,961,1482020Assets 2021: $9,706,849Liabilities 2021: $721,758Net Assets 2021: $8,985,0912021Assets 2022: $9,179,740Liabilities 2022: $1,489,982Net Assets 2022: $7,689,7582022Assets 2023: $9,993,933Liabilities 2023: $1,319,494Net Assets 2023: $8,674,4392023Assets 2024: $10,467,871Liabilities 2024: $1,196,893Net Assets 2024: $9,270,9782024

Highlighted filing

2017

Assets$5,991,366
Liabilities$429,819
Net Assets$5,561,547

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,164,8052011Expenses 2012: $1,131,5002012Revenue 2013: $1,135,065Expenses 2013: $1,158,351Net Income 2013: -$23,2862013Revenue 2014: $1,356,518Expenses 2014: $1,133,705Net Income 2014: $222,8132014Revenue 2015: $1,315,941Expenses 2015: $1,358,603Net Income 2015: -$42,6622015Revenue 2016: $1,402,110Expenses 2016: $1,360,181Net Income 2016: $41,9292016Revenue 2017: $1,469,270Expenses 2017: $1,417,827Net Income 2017: $51,4432017Revenue 2018: $1,617,656Expenses 2018: $1,600,861Net Income 2018: $16,7952018Revenue 2019: $1,687,656Expenses 2019: $1,643,929Net Income 2019: $43,7272019Revenue 2020: $1,632,148Expenses 2020: $1,328,074Net Income 2020: $304,0742020Revenue 2021: $3,046,859Expenses 2021: $1,510,044Net Income 2021: $1,536,8152021Revenue 2022: $1,836,089Expenses 2022: $1,685,407Net Income 2022: $150,6822022Revenue 2023: $1,923,314Expenses 2023: $1,674,732Net Income 2023: $248,5822023Revenue 2024: $2,116,472Expenses 2024: $1,852,847Net Income 2024: $263,6252024

Highlighted filing

2017

Revenue$1,469,270
Expenses$1,417,827
Net Income$51,443
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.3
Gross Receipts
$1,469,270
Mission and Program Overview

Mission

Operations of the association on behalf of the signatory contractors members include labor relations, education & training programs and government relations.

Operation of training programs and seminars for associate members and to help contractors to remain in existence during difficult economic times.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,659,667$5,102,350▲ $442,683
Land, Buildings, and Equipment, Net$352,271$331,821▼ $20,450
Cash and Non-Interest-Bearing Accounts$159,251$156,349▼ $2,902
Accounts Receivable$111,137$114,915▲ $3,778
Prepaid Expenses and Deferred Charges$1,000$0▼ $1,000
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$5,543,332$5,991,366▲ $448,034
Other Assets Total$260,006$285,931▲ $25,925
Liabilities
Other Liabilities$294,889$326,784▲ $31,895
Accounts Payable and Accrued Expenses$154,782$103,035▼ $51,747
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$449,671$429,819▼ $19,852
Net Assets / Fund Balance
Unrestricted Net Assets$5,093,661$5,561,547▲ $467,886
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$5,093,661$5,561,547▲ $467,886
Total Liabilities and Net Assets / Fund Balance$5,543,332$5,991,366▲ $448,034

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$177,396$403,721$581,117
Buildings$140,312$156,538$296,850
Equipment$14,113$143,336$157,449
Other Land Buildings$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Glenn KingsburyExecutive DirectorFT$215,688$51,302$266,990
Kristen GowinAssistant ManagerFT$125,814-$125,814

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,336,771
Investment Income
$126,474
Other Revenue
$6,025
Change in Net Assets
$51,443

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,469,270
Revenue Not Reported on Form 990
$416,443
Total Revenue per Audited Statements
$1,885,713
Total Revenue per Form 990
$1,469,270
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$714,418
Other Expenses$703,409
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$302,866
Conferences and Meetings---$254,624
Current Officers, Directors, Trustees, and Key Employees---$215,687
Pension Plan Contributions---$159,817
All Other Expenses---$61,063
Fees for Services Other---$60,600
Advertising---$49,240
Payroll Taxes---$36,048
Office Expenses---$25,039
Depreciation Depletion---$24,592
Travel---$23,055
Fees for Services Accounting---$21,406
Other Expenses---$17,409
Insurance---$11,305
Fees for Services Legal---$4,256
Total Functional Expenses$0$0$0$1,417,827

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,417,827
Total Expenses per Audited Statements$1,417,827
Total Expenses per Form 990$1,417,827
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$30,000
Total Nondeductible Lobbying and Political Cost$30,000
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation$285,931
Due to Neca$30,353
Accrued Expenses$10,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6:

The organization holds an election annually, in January, by membership.

Form 990, Part VI, Section A, Line 7B:

Some of the organization's decisions require the governing body's approval, such as the compensation package for the executive manager and bylaws and governing documents. However, some decisions are made by the members of the organization, such as the election of the voting members of the board.

Form 990, Part VI, Section B, Line 11:

Before the Form 990 is filed, it is provided and presented to the organization's governing body.

Form 990, Part VI, Section B, Line 15A

The organization's board of directors determines the compensation package of the executive manager. The board uses comparability data and documents the decision and conclusion of the final agreement.

Form 990, Part VI, Section C, Line 18:

Annually, officers and directors are required to disclose interests that could give rise to conflict.

Form 990, Part VI, Section C, Line 19:

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Electrical Contractors Association of
EIN
04-2030456
In Care Of
% GLENN KINGSBURY
Phone
6179692521
Address
106 RIVER STREET, WEST NEWTON, MA 02465

Signing Officer

Name
Glenn Kingsbury
Title
Executive Manager
Phone
6179692521
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Glenn Kingsbury
Formed
1933
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
14
Employees
5
Volunteers
30

Preparer

Firm
Bdo USA Llp
Address
ONE INTERNATIONAL PLACE, BOSTON, MA 02110
Preparer
Jeffrey Rogers
Phone
6174220700
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.5$1.20$9.27$2.12$1.85$0.26
2023Detailed filing. Detailed filing data is available for this year.$9.99$1.32$8.67$1.92$1.67$0.25
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$9.18$1.49$7.69$1.84$1.69$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.71$0.72$8.99$3.05$1.51$1.54
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.51$0.55$6.96$1.63$1.33$0.30
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.60$0.57$6.03$1.69$1.64$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.93$0.66$5.27$1.62$1.60$0.02
2017Detailed filing. Detailed filing data is available for this year.$5.99$0.43$5.56$1.47$1.42$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.54$0.45$5.09$1.40$1.36$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.33$0.48$4.85$1.32$1.36$0.04
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$5.36$0.34$5.02$1.36$1.13$0.22
2013Detailed filing. Detailed filing data is available for this year.$5.07$0.34$4.73$1.14$1.16$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.62$0.29$4.33$1.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.34$0.23$4.11$1.16
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)6 • $5M-$10M nonprofits