Civic Intelligence

Electrical Contractors' Association City of Chicago

990 • Fiscal year 2019 • EIN 36-1033910

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 03, 2020

Five Westbrook Corporate Center 940Westchester, IL 60154

(708) 531-0022

Siviq Scores

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

Liabilities / Assets

9th percentile

0.01x

Higher debt load relative to assets than 9% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

8th percentile

0.01x

Higher debt load relative to revenue than 8% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Net Margin

75th percentile

12%

Higher net margin than 75% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

64th percentile

$326,163

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Asset Growth

75th percentile

15%

Faster asset growth than 75% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

56th percentile

4.4%

Faster revenue growth than 56% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$5,437,626

Up $690,527 (+15%) from 2018

Net Assets

Up

$5,408,760

Up $683,826 (+14%) from 2018

Liabilities

Up

$28,866

Up $6,701 (+30%) from 2018

Revenue

Up

$2,936,523

Up $123,174 (+4.4%) from 2018

Expenses

Up

$2,582,610

Up $43,599 (+1.7%) from 2018

Net Income

Up

$353,913

Up $79,575 (+29%) from 2018

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $3,625,116Liabilities 2010: $11,296Net Assets 2010: $3,613,8202010Assets 2011: $3,330,657Liabilities 2011: $8,544Net Assets 2011: $3,322,1132011Assets 2012: $3,518,148Liabilities 2012: $5,848Net Assets 2012: $3,512,3002012Assets 2013: $3,623,980Liabilities 2013: $3,103Net Assets 2013: $3,620,8772013Assets 2014: $3,617,690Liabilities 2014: $210Net Assets 2014: $3,617,4802014Assets 2015: $3,596,479Liabilities 2015: $268Net Assets 2015: $3,596,2112015Assets 2016: $4,365,334Liabilities 2016: $493,013Net Assets 2016: $3,872,3212016Assets 2017: $5,042,125Liabilities 2017: $469,533Net Assets 2017: $4,572,5922017Assets 2018: $4,747,099Liabilities 2018: $22,165Net Assets 2018: $4,724,9342018Assets 2019: $5,437,626Liabilities 2019: $28,866Net Assets 2019: $5,408,7602019Assets 2020: $6,169,717Liabilities 2020: $20,516Net Assets 2020: $6,149,2012020Assets 2021: $6,537,476Liabilities 2021: $16,209Net Assets 2021: $6,521,2672021Assets 2022: $5,291,087Liabilities 2022: $11,969Net Assets 2022: $5,279,1182022Assets 2023: $5,684,844Liabilities 2023: $7,677Net Assets 2023: $5,677,1672023Assets 2024: $6,011,229Liabilities 2024: $45,680Net Assets 2024: $5,965,5492024

Highlighted filing

2019

Assets$5,437,626
Liabilities$28,866
Net Assets$5,408,760

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $2,427,8632010Expenses 2011: $2,380,4942011Expenses 2012: $2,297,9952012Revenue 2013: $2,431,302Expenses 2013: $2,357,051Net Income 2013: $74,2512013Revenue 2014: $2,586,013Expenses 2014: $2,532,901Net Income 2014: $53,1122014Revenue 2015: $2,534,759Expenses 2015: $2,379,441Net Income 2015: $155,3182015Revenue 2016: $2,568,132Expenses 2016: $2,548,510Net Income 2016: $19,6222016Revenue 2017: $2,674,901Expenses 2017: $2,462,180Net Income 2017: $212,7212017Revenue 2018: $2,813,349Expenses 2018: $2,539,011Net Income 2018: $274,3382018Revenue 2019: $2,936,523Expenses 2019: $2,582,610Net Income 2019: $353,9132019Revenue 2020: $2,741,428Expenses 2020: $2,394,522Net Income 2020: $346,9062020Revenue 2021: $3,260,604Expenses 2021: $2,837,347Net Income 2021: $423,2572021Revenue 2022: $2,842,941Expenses 2022: $2,882,242Net Income 2022: -$39,3012022Revenue 2023: $2,976,173Expenses 2023: $3,331,707Net Income 2023: -$355,5342023Revenue 2024: $3,709,482Expenses 2024: $3,926,191Net Income 2024: -$216,7092024

Highlighted filing

2019

Revenue$2,936,523
Expenses$2,582,610
Net Income$353,913
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 3, 2020
Return Version
2019v5.0
Gross Receipts
$3,185,666
Mission and Program Overview

Mission

Protecting and furthering the members' (principally various electrical contractors operating in the chicago area) common interests and image.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,124,242$3,682,957▲ $558,715
Investments Other Securities$861,398$839,615▼ $21,783
Cash and Non-Interest-Bearing Accounts$530,455$394,253▼ $136,202
Savings and Temporary Cash Investments-$278,638-
Land, Buildings, and Equipment, Net$206,124$213,720▲ $7,596
Prepaid Expenses and Deferred Charges$20,989$22,317▲ $1,328
Accounts Receivable$3,891$6,126▲ $2,235
Total Assets$4,747,099$5,437,626▲ $690,527
Liabilities
Other Liabilities$22,165$28,866▲ $6,701
Total Liabilities$22,165$28,866▲ $6,701
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,724,934$5,408,760▲ $683,826
Total Net Assets Fund Balance$4,724,934$5,408,760▲ $683,826
Total Liabilities and Net Assets / Fund Balance$4,747,099$5,437,626▲ $690,527

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$37,372$174,038-
Leasehold Improvements$176,348$32,309-
Other Securities$373,599--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark ThomasExec VP/secrFT$305,063$21,100$326,163
Mark ThomasExec VP/secretary-$305,063$21,100$326,163
Timothy TaylorAsst. ManageFT$146,176$20,236$166,412
Timothy TaylorAsst. Manager-$146,176$20,236$166,412
Carolyn SpaethAsst. ManageFT$132,278$18,527$150,805
Carolyn SpaethAsst. Manager-$132,278$18,527$150,805
Steven DotyComm. DirectFT$110,774$17,923$128,697
Gina FloroOffice ManagFT$106,002$18,741$124,743

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,710,856
Investment Income
$225,667
Other Revenue
$0
Change in Net Assets
$353,913

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,928,072
Revenue Not Reported on Financial Statements
$8,451
Revenue Not Reported on Form 990
$344,913
Total Revenue per Audited Statements
$3,272,985
Total Revenue per Form 990
$2,936,523
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,379,141
Other Expenses$1,203,469
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$602,609--$602,609
Other Salaries and Wages$536,763--$536,763
Pension Plan Contributions$332,047--$332,047
Current Officers, Directors, Trustees, and Key Employees$305,063--$305,063
Occupancy$153,295--$153,295
Other Employee Benefits$134,479--$134,479
Office Expenses$74,800--$74,800
Payroll Taxes$55,789--$55,789
Fees for Services Other$49,900--$49,900
Fees for Services Accounting$30,165--$30,165
Depreciation Depletion$23,354--$23,354
Comp Disqual Persons$15,000--$15,000
Travel$9,252--$9,252
Fees for Service Investment Mgmnt Fees$8,451--$8,451
Fees for Services Legal$6,382--$6,382
Other Expenses$3,832--$3,832
All Other Expenses$-439,106--$-439,106
Total Functional Expenses$2,582,610$0$0$2,582,610

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,589,159
Total Expenses per Audited Statements$2,589,159
Total Expenses per Form 990$2,582,610
Expenses Not Reported on Financial Statements$-6,549
Other Expense Adjustments$-15,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation Payable$28,866
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
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, Page 6, Part VI, Line 6

Membership is voluntary and dues are received from members based on hours worked at the rate agreed upon in the current contract.

Form 990, Page 6, Part VI, Line 7A

The membership elects board members to the governing body.

Form 990, Page 6, Part VI, Line 7B

Changes to the assocation by-laws require the approval of the full membership.

Form 990, Page 6, Part VI, Line 11B

The executive vice president receives a copy of the return prior to filing and reviews with the accountant. Copies of the return are also made available to all other board members.

Form 990, Page 6, Part VI, Line 12C

Each year, new members of the governing body must sign the conflict of interest policy at the organizational meeting.

Form 990, Page 6, Part VI, Line 15A

The executive vice president negotiates an employment contract with the compensation committee. The compensation committee compares the compensation to other similar organizations. The contract is approved by the board of directors.

Form 990, Page 6, Part VI, Line 15B

Other key employees negotiate contracts with the compensation committee. The compensation committee compares the compensation with other similar organizations. The contract is approved by the board of directors.

Form 990, Page 6, Part VI, Line 19

Governing documents are available at the organization's office during regular business hours.

Filing and Contact Details

Filer

Filer Name
ELECTRICAL CONTRACTORS' ASSOCIATION
EIN
36-1033910
Phone
7085310022
Address
FIVE WESTBROOK CORPORATE CENTER 940, WESTCHESTER, IL 60154

Signing Officer

Name
Mark Thomas
Title
Exec VP/secretary
Phone
7085310022
Signed
2020-09-03

Organization Details

Principal Officer
Mark Thomas
Formed
1903
Legal Domicile
Il
Voting Board Members
17
Independent Board Members
17
Employees
8
Volunteers
17

Preparer

Firm
Evenhouse & Co Pc
Address
1S660 MIDWEST RD STE 250, OAKBROOK TERRACE, IL 60181-4460
Preparer
Timothy J Vande Werken CPA
Phone
6308323225
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Deferred compensation distribution -15,000

Financial Statement Notes

Schedule D, Page 3, Part X

The association has adopted the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Examples of tax positions include the tax-exempt status of the association and the continued tax exempt status of various positions related to the potential sources of unrelated business taxable income (ubti). At december 31, 2019, there were no unrecognized tax benefits identified or recorded as liabilites.

Schedule D, Page 4, Part XII, Line 4B

Deferred compensation distribution -15,000

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1V.P. AND TRE
IRS990/Form990PartVIISectionAGrp/TitleTxt2GOVERNOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3EXEC VP/SECR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18ASST. MANAGE
IRS990/Form990PartVIISectionAGrp/TitleTxt19COMM. DIRECT
IRS990/Form990PartVIISectionAGrp/TitleTxt20OFFICE MANAG
IRS990/Form990PartVIISectionAGrp/TitleTxt21ASST. MANAGE
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IRS990/MethodOfAccountingCashInd0X
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IRS990/MissionDesc0PROTECTING AND FURTHERING THE MEMBERS' (PRINCIPALLY VARIOUS ELECTRICAL CONTRACTORS OPERATING IN THE CHICAGO AREA) COMMON INTERESTS AND IMAGE.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetUnrlzdGainsLossesInvstAmt0344913
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IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0134479
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IRS990/OtherExpensesGrp/Desc0MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc1BUSINESS PROMOTION
IRS990/OtherExpensesGrp/Desc2AUTOMOBILE EXPENSES
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IRS990/OtherExpensesGrp/ProgramServicesAmt1206679
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0536763
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IRS990/PayrollTaxesGrp/ProgramServicesAmt055789
IRS990/PayrollTaxesGrp/TotalAmt055789
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0332047
IRS990/PensionPlanContributionsGrp/TotalAmt0332047
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020989
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IRS990/PrincipalOfficerNm0MARK THOMAS
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11218628
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2226713
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0174038
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IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-6549
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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0208657
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt028866
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED COMPENSATION PAYABLE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0466016
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1373599
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CIM REAL ESTATE FINANCE TRUST
IRS990ScheduleD/OtherSecuritiesGrp/Desc1INLAND REAL ESTATE INCOME TRUST
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/RevenueNotReportedAmt0344913
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt08451
IRS990ScheduleD/RevenueSubtotalAmt02928072
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION HAS ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ASSOCIATION AND THE CONTINUED TAX EXEMPT STATUS OF VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). AT DECEMBER 31, 2019, THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DEFERRED COMPENSATION DISTRIBUTION -15,000
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0213720
IRS990ScheduleD/TotalBookValueSecuritiesAmt0839615
IRS990ScheduleD/TotalExpensesPerForm990Amt02582610
IRS990ScheduleD/TotalLiabilityAmt028866
IRS990ScheduleD/TotalRevenuePerForm990Amt02936523
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03272985
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02589159
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.01$0.05$5.97$3.71$3.93$0.22
2023Detailed filing. Detailed filing data is available for this year.$5.68$0.01$5.68$2.98$3.33$0.36
2022Detailed filing. Detailed filing data is available for this year.$5.29$0.01$5.28$2.84$2.88$0.04
2021Detailed filing. Detailed filing data is available for this year.$6.54$0.02$6.52$3.26$2.84$0.42
2020Detailed filing. Detailed filing data is available for this year.$6.17$0.02$6.15$2.74$2.39$0.35
2019Detailed filing. Detailed filing data is available for this year.$5.44$0.03$5.41$2.94$2.58$0.35
2018Detailed filing. Detailed filing data is available for this year.$4.75$0.02$4.72$2.81$2.54$0.27
2017Detailed filing. Detailed filing data is available for this year.$5.04$0.47$4.57$2.67$2.46$0.21
2016Detailed filing. Detailed filing data is available for this year.$4.37$0.49$3.87$2.57$2.55$0.02
2015Detailed filing. Detailed filing data is available for this year.$3.60$0.00$3.60$2.53$2.38$0.16
2014Detailed filing. Detailed filing data is available for this year.$3.62$0.00$3.62$2.59$2.53$0.05
2013Detailed filing. Detailed filing data is available for this year.$3.62$0.00$3.62$2.43$2.36$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.52$0.01$3.51$2.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.33$0.01$3.32$2.38
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.63$0.01$3.61$2.43