Civic Intelligence

Midwest Independent Electrical Contractors Inc

990EZ • Fiscal year 2021 • EIN 35-2069505

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 28, 2022

10501 W 133rd Ave Lot 5Cedar Lake, IN 46303

(219) 900-0091

Siviq Scores

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

Liabilities / Assets

48th percentile

0.00x

Higher debt load relative to assets than 48% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

46th percentile

0.00x

Higher debt load relative to revenue than 46% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

30th percentile

-4.1%

Higher net margin than 30% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

84th percentile

$45,150

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 22.7% of source-year revenue.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

5th percentile

-49%

Faster asset growth than 5% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

68th percentile

22%

Faster revenue growth than 68% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$82,748

Down $78,064 (-49%) from 2020

Net Assets

Down

$82,466

Down $61,580 (-43%) from 2020

Liabilities

Down

$282

Down $16,484 (-98%) from 2020

Revenue

Up

$198,835

Up $35,832 (+22%) from 2020

Expenses

Up

$207,021

Up $42,191 (+26%) from 2020

Net Income

Down

-$8,186

Down $6,359 (-348%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2013: $8,867Liabilities 2013: $640Net Assets 2013: $8,2272013Assets 2014: $19,776Liabilities 2014: $668Net Assets 2014: $19,1082014Assets 2015: $45,973Liabilities 2015: $1,024Net Assets 2015: $44,9492015Assets 2016: $81,339Liabilities 2016: $707Net Assets 2016: $80,6322016Assets 2017: $78,999Liabilities 2017: $1,286Net Assets 2017: $77,7132017Assets 2018: $97,207Liabilities 2018: $1,363Net Assets 2018: $95,8442018Assets 2019: $152,431Liabilities 2019: $6,558Net Assets 2019: $145,8732019Assets 2020: $160,812Liabilities 2020: $16,766Net Assets 2020: $144,0462020Assets 2021: $82,748Liabilities 2021: $282Net Assets 2021: $82,4662021Assets 2022: $100,941Liabilities 2022: $0Net Assets 2022: $100,9412022Assets 2023: $139,592Liabilities 2023: $0Net Assets 2023: $139,5922023Assets 2024: $176,474Liabilities 2024: $0Net Assets 2024: $176,4742024

Highlighted filing

2021

Assets$82,748
Liabilities$282
Net Assets$82,466

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2013: $44,744Expenses 2013: $37,617Net Income 2013: $7,1272013Revenue 2014: $58,654Expenses 2014: $47,773Net Income 2014: $10,8812014Revenue 2015: $72,785Expenses 2015: $46,944Net Income 2015: $25,8412015Revenue 2016: $100,604Expenses 2016: $64,921Net Income 2016: $35,6832016Revenue 2017: $76,179Expenses 2017: $79,098Net Income 2017: -$2,9192017Revenue 2018: $107,016Expenses 2018: $81,499Net Income 2018: $25,5172018Revenue 2019: $156,022Expenses 2019: $105,993Net Income 2019: $50,0292019Revenue 2020: $163,003Expenses 2020: $164,830Net Income 2020: -$1,8272020Revenue 2021: $198,835Expenses 2021: $207,021Net Income 2021: -$8,1862021Revenue 2022: $213,037Expenses 2022: $214,487Net Income 2022: -$1,4502022Revenue 2023: $269,424Expenses 2023: $230,773Net Income 2023: $38,6512023Revenue 2024: $271,649Expenses 2024: $234,767Net Income 2024: $36,8822024

Highlighted filing

2021

Revenue$198,835
Expenses$207,021
Net Income-$8,186
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 28, 2022
Return Version
2021v4.2
Gross Receipts
$198,835
Mission and Program Overview

Mission

Support of merit shop electrician & electrical apprentice schooling.

To enhance the independent electrical contractor's success by developing a professional workforce, communicating clearly with the government, promoting ethical business practices, and providing leadership for the electrical industry.

Program Services

DescriptionGrantsExpenses
SUPPORT OF MERIT SHOP ELECTRICIANS & ELECTRICAL APPRENTICE SCHOOLING$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MONIQUE LARSENExecutive DirectorFT$45,150-$45,150
BILL RAYDirector-$0--
JEFF EVORIKDirector-$0--
DONALD HULSEYPresident-$0--
MARK CAMPBELLVice President-$0--
JOHN BOENDERTreasurer-$0--
JEFF WIERSSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Midwest Independent Electrical
EIN
35-2069505
Phone
2199000091
Address
10501 W 133RD AVE LOT 5, CEDAR LAKE, IN 46303

Signing Officer

Name
Don Hulsey
Title
President
Phone
2199000091
Signed
2022-10-28
Discuss with paid preparer
Yes

Preparer

Firm
Somerset Cpas and Advisors
Address
3925 RIVER CROSSING PKWY STE 100, INDIANAPOLIS, IN 46240
Preparer
C Brian Thrasher CPA
Phone
3174722200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: apprenticeship income. Amount: 144,500. Description: association income. Amount: 34,826. Description: miscellaneous income. Amount: 11,147. Description: special events income. Amount: 8,362. Total to form 990-ez, line 8: 198,835.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: advertising. Amount: 143. Description: apprenticeship expenses. Amount: 52,233. Description: bank charges. Amount: 2,348. Description: charitable contributions. Amount: 2,510. Description: dues/fees. Amount: 10,409. Description: e.d. Expenses. Amount: 12,314. Description: facility expenses. Amount: 44,286. Description: office expenses. Amount: 9,413. Description: payroll clearing. Amount: 1,436. Description: purchases. Amount: 118. Description: refunds. Amount: 3,110. Description: special events expense. Amount: 10,983. Description: utilities. Amount: 6,418. Description: professional fees. Amount: 5,926. Description: insurance. Amount: 224. Total to form 990-ez, line 16: 161,871.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: accrual to cash adjustment. Amount: 3,051. Description: prior period adjustment. Amount: -56,445. Total to form 990-ez, line 20: -53,394.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 0. End of year amount: 40,271.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: uncategorized. Beg. Of year amount: 16,766. End of year amount: 282.

Raw XML Appendix142 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MONIQUE LARSEN
IRS990EZ/BooksInCareOfDetail/PhoneNum08152161095
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt010501 W 133RD AVE LOT 5
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CEDAR LAKE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046303
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0160812
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt042477
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-8186
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0160812
IRS990EZ/Form990TotalAssetsGrp/EOYAmt082748
IRS990EZ/GrossReceiptsAmt0198835
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0144046
IRS990EZ/NetAssetsOrFundBalancesEOYAmt082466
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0144046
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt082466
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt640.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt645150
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BILL RAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JEFF EVORIK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DONALD HULSEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARK CAMPBELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOHN BOENDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JEFF WIERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MONIQUE LARSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt040271
IRS990EZ/OtherChangesInNetAssetsAmt0-53394
IRS990EZ/OtherExpensesTotalAmt0161871
IRS990EZ/OtherRevenueTotalAmt0198835
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO ENHANCE THE INDEPENDENT ELECTRICAL CONTRACTOR'S SUCCESS BY DEVELOPING A PROFESSIONAL WORKFORCE, COMMUNICATING CLEARLY WITH THE GOVERNMENT, PROMOTING ETHICAL BUSINESS PRACTICES, AND PROVIDING LEADERSHIP FOR THE ELECTRICAL INDUSTRY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SUPPORT OF MERIT SHOP ELECTRICIANS & ELECTRICAL APPRENTICE SCHOOLING
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt045150
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt016766
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0282
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt0207021
IRS990EZ/TotalRevenueAmt0198835
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: APPRENTICESHIP INCOME. AMOUNT: 144,500. DESCRIPTION: ASSOCIATION INCOME. AMOUNT: 34,826. DESCRIPTION: MISCELLANEOUS INCOME. AMOUNT: 11,147. DESCRIPTION: SPECIAL EVENTS INCOME. AMOUNT: 8,362. TOTAL TO FORM 990-EZ, LINE 8: 198,835.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ADVERTISING. AMOUNT: 143. DESCRIPTION: APPRENTICESHIP EXPENSES. AMOUNT: 52,233. DESCRIPTION: BANK CHARGES. AMOUNT: 2,348. DESCRIPTION: CHARITABLE CONTRIBUTIONS. AMOUNT: 2,510. DESCRIPTION: DUES/FEES. AMOUNT: 10,409. DESCRIPTION: E.D. EXPENSES. AMOUNT: 12,314. DESCRIPTION: FACILITY EXPENSES. AMOUNT: 44,286. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 9,413. DESCRIPTION: PAYROLL CLEARING. AMOUNT: 1,436. DESCRIPTION: PURCHASES. AMOUNT: 118. DESCRIPTION: REFUNDS. AMOUNT: 3,110. DESCRIPTION: SPECIAL EVENTS EXPENSE. AMOUNT: 10,983. DESCRIPTION: UTILITIES. AMOUNT: 6,418. DESCRIPTION: PROFESSIONAL FEES. AMOUNT: 5,926. DESCRIPTION: INSURANCE. AMOUNT: 224. TOTAL TO FORM 990-EZ, LINE 16: 161,871.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCRUAL TO CASH ADJUSTMENT. AMOUNT: 3,051. DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: -56,445. TOTAL TO FORM 990-EZ, LINE 20: -53,394.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 40,271.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: UNCATEGORIZED. BEG. OF YEAR AMOUNT: 16,766. END OF YEAR AMOUNT: 282.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DON HULSEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02199000091
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIDWEST INDEPENDENT ELECTRICAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CONTRACTORS INC
ReturnHeader/Filer/BusinessNameControlTxt0MIDW
ReturnHeader/Filer/EIN0352069505
ReturnHeader/Filer/PhoneNum02199000091
ReturnHeader/Filer/USAddress/AddressLine1Txt010501 W 133RD AVE LOT 5
ReturnHeader/Filer/USAddress/CityNm0CEDAR LAKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046303
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201717681
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SOMERSET CPAS AND ADVISORS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03925 RIVER CROSSING PKWY STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046240
ReturnHeader/PreparerPersonGrp/PhoneNum03174722200
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0C BRIAN THRASHER CPA
ReturnHeader/ReturnTs02022-11-14T10:44:30-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HULSEY
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings