Civic Intelligence

National Electrical Contractors Association Inc Illinois Chapter

990 • Fiscal year 2024 • EIN 37-0608857

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 24, 2025

6406 Canadian DriveSpringfield, IL 62711

(217) 585-9500

Siviq Scores

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

Liabilities / Assets

27th percentile

0.08x

Higher debt load relative to assets than 27% of similar nonprofits.

2024 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

43rd percentile

0.24x

Higher debt load relative to revenue than 43% of similar nonprofits.

2024 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

92nd percentile

33%

Higher net margin than 92% of similar nonprofits.

2024 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$236,236

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 12.0% of source-year revenue.

2024 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2024

Asset Growth

79th percentile

16%

Faster asset growth than 79% of similar nonprofits.

2024 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

91st percentile

35%

Faster revenue growth than 91% of similar nonprofits.

2024 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$5,888,248

Up $821,642 (+16%) from 2023

Net Assets

Up

$5,412,839

Up $731,546 (+16%) from 2023

Liabilities

Up

$475,409

Up $90,096 (+23%) from 2023

Revenue

Up

$1,970,692

Up $505,910 (+35%) from 2023

Expenses

Up

$1,317,342

Up $59,083 (+4.7%) from 2023

Net Income

Up

$653,350

Up $446,827 (+216%) from 2023

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: $2,705,310Liabilities 2010: $195,106Net Assets 2010: $2,510,2042010Assets 2011: $2,494,534Liabilities 2011: $203,004Net Assets 2011: $2,291,5302011Assets 2012: $2,858,787Liabilities 2012: $234,686Net Assets 2012: $2,624,1012012Assets 2013: $3,054,452Liabilities 2013: $203,415Net Assets 2013: $2,851,0372013Assets 2014: $3,257,130Liabilities 2014: $199,403Net Assets 2014: $3,057,7272014Assets 2015: $3,497,629Liabilities 2015: $242,455Net Assets 2015: $3,255,1742015Assets 2016: $3,502,620Liabilities 2016: $219,499Net Assets 2016: $3,283,1212016Assets 2017: $3,656,953Liabilities 2017: $220,420Net Assets 2017: $3,436,5332017Assets 2018: $3,700,365Liabilities 2018: $240,478Net Assets 2018: $3,459,8872018Assets 2019: $3,979,099Liabilities 2019: $235,051Net Assets 2019: $3,744,0482019Assets 2020: $4,470,346Liabilities 2020: $287,449Net Assets 2020: $4,182,8972020Assets 2021: $5,023,556Liabilities 2021: $325,096Net Assets 2021: $4,698,4602021Assets 2022: $4,672,692Liabilities 2022: $344,652Net Assets 2022: $4,328,0402022Assets 2023: $5,066,606Liabilities 2023: $385,313Net Assets 2023: $4,681,2932023Assets 2024: $5,888,248Liabilities 2024: $475,409Net Assets 2024: $5,412,8392024Assets 2025: $6,282,184Liabilities 2025: $463,679Net Assets 2025: $5,818,5052025

Highlighted filing

2024

Assets$5,888,248
Liabilities$475,409
Net Assets$5,412,839

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Expenses 2010: $859,9252010Expenses 2011: $812,5192011Expenses 2012: $813,8522012Revenue 2013: $1,004,477Expenses 2013: $806,157Net Income 2013: $198,3202013Revenue 2014: $1,063,369Expenses 2014: $895,305Net Income 2014: $168,0642014Revenue 2015: $1,126,813Expenses 2015: $909,040Net Income 2015: $217,7732015Revenue 2016: $1,002,729Expenses 2016: $1,001,371Net Income 2016: $1,3582016Revenue 2017: $1,087,875Expenses 2017: $959,405Net Income 2017: $128,4702017Revenue 2018: $1,065,760Expenses 2018: $986,143Net Income 2018: $79,6172018Revenue 2019: $1,134,606Expenses 2019: $1,022,844Net Income 2019: $111,7622019Revenue 2020: $1,117,474Expenses 2020: $835,032Net Income 2020: $282,4422020Revenue 2021: $1,425,447Expenses 2021: $884,336Net Income 2021: $541,1112021Revenue 2022: $1,152,208Expenses 2022: $1,115,335Net Income 2022: $36,8732022Revenue 2023: $1,464,782Expenses 2023: $1,258,259Net Income 2023: $206,5232023Revenue 2024: $1,970,692Expenses 2024: $1,317,342Net Income 2024: $653,3502024Revenue 2025: $1,735,922Expenses 2025: $1,473,182Net Income 2025: $262,7402025

Highlighted filing

2024

Revenue$1,970,692
Expenses$1,317,342
Net Income$653,350
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 24, 2025
Return Version
2024v5.0
Gross Receipts
$2,512,788
Mission and Program Overview

Mission

Organized to represent, promote and advance the interests of the electrical contracting industry.

Organized to represent, promote and advance the interests of the electrical contracting industry as a whole.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$4,681,293$5,412,839▲ $731,546
Land, Buildings, and Equipment, Net$636,780$2,320,771▲ $1,683,991
Investments in Publicly Traded Securities$2,959,456$2,153,652▼ $805,804
Cash and Non-Interest-Bearing Accounts$653,125$1,153,228▲ $500,103
Investments Other Securities$419,231$219,955▼ $199,276
Accounts Receivable$9,005$25,480▲ $16,475
Prepaid Expenses and Deferred Charges$31,705$15,162▼ $16,543
Total Assets$5,066,606$5,888,248▲ $821,642
Other Assets Total$357,304--
Liabilities
Accounts Payable and Accrued Expenses$385,313$475,409▲ $90,096
Total Liabilities$385,313$475,409▲ $90,096
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,681,293$5,412,839▲ $731,546
Total Liabilities and Net Assets / Fund Balance$5,066,606$5,888,248▲ $821,642

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,894,575-$1,894,575
Equipment$342,196$70,605$412,801
Land$84,000-$84,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Billy SerbousekEvp/secretarFT$199,171$37,065$236,236
Billy SerbousekEvp/secretary-$199,171$37,065$236,236

Board Members and Trustees

NameTitle
Les BentonPresident
Bryan VestDirector
David ConderDirector
David RathjeDirector
Matthew EichholzDirector
Rodney FreyDirector
Larry F GlaenzerGovernor
Ron MastersTreasurer
Adam BuhsVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,299,480
Investment Income
$570,662
Other Revenue
$100,550
Change in Net Assets
$653,350

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,970,692
Revenue Not Reported on Form 990
$78,196
Total Revenue per Audited Statements
$2,048,888
Total Revenue per Form 990
$1,970,692
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$751,856
Salaries, Compensation, and Employee Benefits$565,486
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$384,886
Other Salaries and Wages---$215,694
Current Officers, Directors, Trustees, and Key Employees---$199,171
Other Employee Benefits---$73,647
Occupancy---$55,007
Pension Plan Contributions---$46,526
Depreciation Depletion---$43,300
Fees for Services Other---$36,205
Payroll Taxes---$30,448
Insurance---$21,688
Office Expenses---$20,029
All Other Expenses---$17,385
Other Expenses---$13,338
Travel---$5,329
Total Functional Expenses$0$0$0$1,317,342

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,317,342
Total Expenses per Audited Statements$1,317,342
Total Expenses per Form 990$1,317,342
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
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Organization is made up of members

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

A copy of the 990 is provided to the executive board and the board of directors prior to filing.

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

Officers and directors are required to complete a conflict of interest disclosure statement on an annual basis.

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

The executive board approves the annual salary of the executive director after inquiry of other neca chapter managers.

Form 990, Page 6, Part VI, Line 19

The organization makes its information available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
National Electrical Contractors
EIN
37-0608857
Phone
2175859500
Address
6406 CANADIAN DRIVE, SPRINGFIELD, IL 62711

Signing Officer

Name
Billy Serbousek
Title
Evp/secretary
Phone
2177879500
Signed
2025-03-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry F Glaenzer
Formed
1948
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
4

Preparer

Firm
Cornerstone Cpas LLC
Address
1124 RICKARD ROAD SUITE B, SPRINGFIELD, IL 62704
Preparer
Valerie R Ausmus
Phone
2175288473
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

To represent, promote and advance the interests of the electrical contracting industry.

Raw XML Appendix368 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.

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IRS990/PYOtherExpensesAmt0725409
IRS990/PYOtherRevenueAmt0159246
IRS990/PYProgramServiceRevenueAmt01151336
IRS990/PYRevenuesLessExpensesAmt0206523
IRS990/PYSalariesCompEmpBnftPaidAmt0532850
IRS990/PYTotalExpensesAmt01258259
IRS990/PYTotalRevenueAmt01464782
IRS990/ReconcilationRevenueExpnssAmt0653350
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04681293
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt05412839
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01894575
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01894575
IRS990ScheduleD/EquipmentGrp/BookValueAmt0342196
IRS990ScheduleD/EquipmentGrp/DepreciationAmt070605
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0412801
IRS990ScheduleD/ExpensesSubtotalAmt01317342
IRS990ScheduleD/LandGrp/BookValueAmt084000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt084000
IRS990ScheduleD/NetUnrealizedGainsInvstAmt078196
IRS990ScheduleD/RevenueNotReportedAmt078196
IRS990ScheduleD/RevenueSubtotalAmt01970692
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02320771
IRS990ScheduleD/TotalExpensesPerForm990Amt01317342
IRS990ScheduleD/TotalRevenuePerForm990Amt01970692
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02048888
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01317342
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0199171
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt037065
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BILLY SERBOUSEK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EVP/SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0236236
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO REPRESENT, PROMOTE AND ADVANCE THE INTERESTS OF THE ELECTRICAL CONTRACTING INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION IS MADE UP OF MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE 990 IS PROVIDED TO THE EXECUTIVE BOARD AND THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS AND DIRECTORS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE BOARD APPROVES THE ANNUAL SALARY OF THE EXECUTIVE DIRECTOR AFTER INQUIRY OF OTHER NECA CHAPTER MANAGERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS INFORMATION AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05066606
IRS990/TotalAssetsEOYAmt05888248
IRS990/TotalAssetsGrp/BOYAmt05066606
IRS990/TotalAssetsGrp/EOYAmt05888248
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01317342
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0385313
IRS990/TotalLiabilitiesEOYAmt0475409
IRS990/TotalLiabilitiesGrp/BOYAmt0385313
IRS990/TotalLiabilitiesGrp/EOYAmt0475409
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04681293
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05412839
IRS990/TotalOtherCompensationAmt037065
IRS990/TotalProgramServiceRevenueAmt01299480
IRS990/TotalReportableCompFromOrgAmt0199171
IRS990/TotalRevenueGrp/ExclusionAmt0183325
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01787367
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01970692
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05066606
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05888248
IRS990/TravelGrp/TotalAmt05329
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.ILNECA.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BILLY SERBOUSEK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EVP/SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum02177879500
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NATIONAL ELECTRICAL CONTRACTORS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC ILLINOIS CHAPTER
ReturnHeader/Filer/BusinessNameControlTxt0NATI
ReturnHeader/Filer/EIN0370608857
ReturnHeader/Filer/PhoneNum02175859500
ReturnHeader/Filer/USAddress/AddressLine1Txt06406 CANADIAN DRIVE
ReturnHeader/Filer/USAddress/CityNm0SPRINGFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd062711
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0993436815
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CORNERSTONE CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01124 RICKARD ROAD SUITE B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPRINGFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062704
ReturnHeader/PreparerPersonGrp/PhoneNum02175288473
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VALERIE R AUSMUS
ReturnHeader/ReturnTs02025-04-05T15:56:41-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.28$0.46$5.82$1.74$1.47$0.26
2024Detailed filing. Detailed filing data is available for this year.$5.89$0.48$5.41$1.97$1.32$0.65
2023Detailed filing. Detailed filing data is available for this year.$5.07$0.39$4.68$1.46$1.26$0.21
2022Detailed filing. Detailed filing data is available for this year.$4.67$0.34$4.33$1.15$1.12$0.04
2021Detailed filing. Detailed filing data is available for this year.$5.02$0.33$4.70$1.43$0.88$0.54
2020Detailed filing. Detailed filing data is available for this year.$4.47$0.29$4.18$1.12$0.84$0.28
2019Detailed filing. Detailed filing data is available for this year.$3.98$0.24$3.74$1.13$1.02$0.11
2018Detailed filing. Detailed filing data is available for this year.$3.70$0.24$3.46$1.07$0.99$0.08
2017Detailed filing. Detailed filing data is available for this year.$3.66$0.22$3.44$1.09$0.96$0.13
2016Detailed filing. Detailed filing data is available for this year.$3.50$0.22$3.28$1.00$1.00$0.00
2015Detailed filing. Detailed filing data is available for this year.$3.50$0.24$3.26$1.13$0.91$0.22
2014Detailed filing. Detailed filing data is available for this year.$3.26$0.20$3.06$1.06$0.90$0.17
2013Detailed filing. Detailed filing data is available for this year.$3.05$0.20$2.85$1.00$0.81$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.86$0.23$2.62$0.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.49$0.20$2.29$0.81
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.71$0.20$2.51$0.86