The Electrical Association of Philadelphia Inc

“Membership in the association is open to any person, firm, corporation, or institution engaged in any business or activity connected or allied with the electrical industry. Company memberships are organized into the following divisions: contractors, manufacturers, wholesalers, engineers, utilities, and at-large. Individual memberships consist of the following categories: associate members who are employees of member companies, facility maintenance engineers, retired members, and students who are actively pursuing education in the electrical industry on a full-time basis.”

“The association's board of governors is elected by the voting membership. In doing so, each company member may appoint up to two individuals from the organization as official representatives, both of whom shall have the power to vote. Individual members, with the exception of associate members, are also entitled to vote.”

“The amendment of the association's bylaws requires a two-thirds majority vote of the association's voting membership.”

“The association's 990 is prepared by independent accountants and provided to the association's executive director for initial review prior to dissemination to the association's board of governors for a final review before filing.”

“All officers and directors must complete and submit a conflict of interest statement annually.”

“The compensation of the association's executive director is determined and approved by the association's executive committee.”

“The association's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“Workforce development 72,996. Temporary staffing 26,751. Education instructors 26,065. Miscellaneous other 5,524.”

“The association's financial statements are prepared on the cash basis of accounting except that: -investment securities are recorded at fair value through the recognition of unrealized gains and losses. -furniture and equipment is capitalized and depreciated over its estimated useful life. -security deposits places by the assocaition are recorded as assets. -agency transactions on behalf of the educational foundation of the electrical association of philadelphia are recorded as liabilities.”

“The association's board of directors is responsible for the oversight of the review and the selection of an independent accountant. This process has not changed from prior years.”