Civic Intelligence

Independent Electrical Contractors Inc

EIN 59-1849807 • 501(c)6 • Clearwater, FL

Profile

Iec is a union-free trade association of members united in an effort to better the electrical and systems contracting industry through apprenticeship training, member education, and political action while ensuring independence for its members.

4400 140th Ave N Suite 170 No 170Clearwater, FL 33762

www.iecfwcc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

83rd percentile

0.48x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

74th percentile

0.38x

Higher debt load relative to revenue than 74% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2019

Net Margin

76th percentile

15%

Higher net margin than 76% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

34th percentile

$65,692

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2019

Asset Growth

95th percentile

50%

Faster asset growth than 95% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

54th percentile

7.0%

Faster revenue growth than 54% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$952,862

Up $319,359 (+50%) from 2018

Liabilities

Up

$460,336

Up $141,086 (+44%) from 2018

Net Assets

Up

$492,526

Up $178,273 (+57%) from 2018

Revenue

Up

$1,216,037

Up $80,057 (+7.0%) from 2018

Expenses

Up

$1,037,764

Up $109,735 (+12%) from 2018

Net Income

Down

$178,273

Down $29,678 (-14%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2010: $222,982Liabilities 2010: $39,841Net Assets 2010: $183,1412010Assets 2011: $179,791Liabilities 2011: $35,204Net Assets 2011: $144,5872011Assets 2012: $116,979Liabilities 2012: $25,600Net Assets 2012: $91,3792012Assets 2013: $171,832Liabilities 2013: $89,551Net Assets 2013: $82,2812013Assets 2014: $151,391Liabilities 2014: $118,205Net Assets 2014: $33,1862014Assets 2015: $274,197Liabilities 2015: $221,318Net Assets 2015: $52,8792015Assets 2016: $357,753Liabilities 2016: $271,322Net Assets 2016: $86,4312016Assets 2017: $343,205Liabilities 2017: $236,903Net Assets 2017: $106,3022017Assets 2018: $633,503Liabilities 2018: $319,250Net Assets 2018: $314,2532018Assets 2019: $952,862Liabilities 2019: $460,336Net Assets 2019: $492,5262019

Highlighted filing

2019

Assets$952,862
Liabilities$460,336
Net Assets$492,526

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $692,3012010Revenue 2011: $495,970Expenses 2011: $534,524Net Income 2011: -$38,5542011Expenses 2012: $501,1192012Revenue 2013: $491,701Expenses 2013: $500,799Net Income 2013: -$9,0982013Revenue 2014: $557,201Expenses 2014: $606,296Net Income 2014: -$49,0952014Revenue 2015: $710,573Expenses 2015: $690,880Net Income 2015: $19,6932015Revenue 2016: $879,586Expenses 2016: $846,036Net Income 2016: $33,5502016Revenue 2017: $1,024,106Expenses 2017: $1,004,237Net Income 2017: $19,8692017Revenue 2018: $1,135,980Expenses 2018: $928,029Net Income 2018: $207,9512018Revenue 2019: $1,216,037Expenses 2019: $1,037,764Net Income 2019: $178,2732019

Highlighted filing

2019

Revenue$1,216,037
Expenses$1,037,764
Net Income$178,273

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2018 to Jul 31, 2019
Signed
Jul 15, 2020
Return Version
2018v3.2
Gross Receipts
$1,445,366
Mission and Program Overview

Mission

Iec is a union-free trade association of members united in an effort to better the electrical and systems contracting industry through apprenticeship training, member education, and political action while ensuring independence for its members.

Iec is a union-free trade association of members united to better the electrical industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$172,005$424,529▲ $252,524
Cash and Non-Interest-Bearing Accounts$234,701$178,708▼ $55,993
Accounts Receivable$28,061$154,611▲ $126,550
Inventories for Sale or Use$145,857$137,267▼ $8,590
Land, Buildings, and Equipment, Net$44,229$38,309▼ $5,920
Prepaid Expenses and Deferred Charges$8,650$19,438▲ $10,788
Total Assets$633,503$952,862▲ $319,359
Liabilities
Deferred Revenue$159,524$281,056▲ $121,532
Accounts Payable and Accrued Expenses$159,726$179,280▲ $19,554
Total Liabilities$319,250$460,336▲ $141,086
Net Assets / Fund Balance
Unrestricted Net Assets$314,253$492,526▲ $178,273
Total Net Assets Fund Balance$314,253$492,526▲ $178,273
Total Liabilities and Net Assets / Fund Balance$633,503$952,862▲ $319,359

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$25,007$139,837$164,844
Other Land Buildings$12,884$5,894$18,778
Leasehold Improvements$418$2,271$2,689
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rick RiegerExecutive Director Thru 11/30/18FT$65,692$65,692
Robin LesterExecutive Director (started 11/1/18)FT$9,692$9,692

Board Members and Trustees

NameTitle
Charlie SpitzerPresident
Tim WhiteVice President
Brett SantarelliDirector
Cecil LeedyDirector
Daniel HarrisonDirector
David StrelserDirector
Greg BennetDirector
Jerry WhiteDirector
Josef Tyree IiDirector
Kevin ByrneDirector
Michael VandergriffDirector
Scott MrockowskiDirector
Troy PueloDirector
Greg WootenSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
American Technical PublishersPublishing10100 ORLAND PARKWAY SUITE 200, Orland Park, IL 60467-5756$129,093
Revenue and Support

Revenue Composition

Contributions and Grants
$223,376
Program Service Revenue
$949,662
Investment Income
$2,536
Other Revenue
$40,463
All Other Contributions
$7,724
Change in Net Assets
$178,273
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$601,749
Other Expenses$436,015
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$457,478
Fees for Services Other---$142,500
Current Officers, Directors, Trustees, and Key Employees---$84,554
Occupancy---$68,476
Payroll Taxes---$58,877
Conferences and Meetings---$22,881
Depreciation Depletion---$16,083
Advertising---$13,378
Office Expenses---$12,780
Fees for Services Accounting---$11,658
Other Expenses---$11,483
Insurance---$4,915
Travel---$4,324
All Other Expenses---$1,412
Other Employee Benefits---$840
Total Functional Expenses$0$0$0$1,037,764
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$101,148
Fundraising Direct Expenses$68,271
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$23,110$23,110-$23,110
Derby$13,123$13,123-$13,123
Total Events$36,233$36,233$20,004$16,229
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$15,320
Political Expenditures$15,320
Total Nondeductible Lobbying and Political Cost$15,320
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Yes
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, Part VI, Section A, Line 4

The by-laws were amended to include 3 classes of membership. Only class a, contractor members, are voting, while the rmaining classes are class b, construction industry partner members, class c, emeritus members. The changes were apdopted on august 14, 2019.

Form 990, Part VI, Section A, Line 6

The organization has four levels of membership: primary class a - contractor member - to be eligible for primary class a membership, a business must be a merit shop and union-free contractor engaged in the business of unlimited electrical contracting pursuant to a certificate or registration issued by the florida department of business and professional regulation, as defined by florida statutes, chapter 489, part ii, florida statutes and the rules of the electrical contractors' licensing board, and whose main office is located in the iec-fwcc service area of hillsborough, pinellas, pasco, polk, and manatee counties. Secondary class a - contractor member - to be eligible for secondary class a membership, a business must be a merit shop and union-free contractor engaged in the business of unlimited electrical contracting pursuant to a certificate or registration issued by the florida department of business and professional regulation, as defined by florida statutes, chapter 489, part ii, florida statutes and the rules of the electrical contractors' licensing board and whose main office is located outside the iec-fwcc service area of hillsborough, pinellas, pasco, polk and manatee counties. Primary class b - specialty contractor member - to be eligible for primary class b membership, a business must be a merit shop and union-free contractor engaged in the business of lighting maintenance, alarm systems, sound, security, voice/data/video, low voltage systems, signs, and residential pursuant to a certificate or registration issued by the florida department of business and professional regulation, as defined by florida statutes, chapter 489, part ii, florida statutes and the rules of the electrical contractors' licensing board and whose main office is located in the iec-fwcc service area of hillsborough, pinellas, pasco, polk and manatee counties. The number of specialty contractor members is capped at 80% of class a contractor members. Secondary class b - specialty contractor member. To be eligible for secondary class b membership, a business must be a merit shop and union-free contractor engaged in the business of lighting maintenance, alarm systems, sound, security, voice/data/video, low voltage systems, signs, and residential pursuant to a certificate or registration issued by the florida department of business and professional regulation, as defined by florida statutes, chapter 489, part ii, florida statutes and the rules of the electrical contractors' licensing board and whose main office is located outside the iec-fwcc service area of hillsborough, pinellas, pasco, polk and manatee counties. The number of specialty contractor members is capped at 80% of class a contractor members.

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

One person per member firm votes to elect the board of directors at an annual meeting of the general membership.

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

The form 990 is provided to the board members 10 days in advance of a board meeting for review. At the next regular meeting of the board, it is discussed and voted into the official record.

Form 990, Part VI, Section B, Line 12C

Our policy is to have the directors and staff sign conflict of interest certification and disclosure forms annually. Additionally, any director who believes he or she may have a conflict of interest shall so notify the board prior to deliberation on the matter in question, and the board shall make the final determination as to whether any director has a conflict of interest in any matter. The minutes of the board meeting shall reflect disclosure of any conflict of interest and the recusal of the interested director.

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

The board of directors conducts an annual review and votes to adjust the executive director's salary and bonus awards. Iec national provides surveys of all chapters with regard to staff salaries. These are reviewed during the executive director's compensation review.

Form 990, Part VI, Section C, Line 19

These documents are available upon request either in person or by mail.

Filing and Contact Details

Filer

Filer Name
Independent Electrical Contractors Assoc
EIN
59-1849807
Phone
7274990727
Address
4400 140TH AVE N SUITE 170 NO 170, CLEARWATER, FL 33762

Signing Officer

Name
Robin Lester
Title
Executive Director
Phone
7274990727
Signed
2020-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Spitzer
Formed
1978
Legal Domicile
Fl
Voting Board Members
14
Independent Board Members
14
Employees
37
Volunteers
14

Preparer

Firm
Carr Riggs & Ingram LLC
Address
600 CLEVELAND STREET SUITE 1000, CLEARWATER, FL 33755
Preparer
Catherine Haug
Phone
7274460504
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Admin fee ap to iec 142,500.

FORM 990, PART XII, LINE 2C:

The executive committee assumes the responsibility for oversight of the audit, review or compilation of its financial statements, and selection of an independent accountant. Once the financials and tax returns are completed they are disseminated to the board of directors for review and approval.

Financial Statement Notes

PART X, LINE 2:

The organization adheres to the provisions of fasb asc 740, accounting for uncertainty in income taxes. As a result of the implementation of asc 740, the organization has not recognized any respective liability for any material income tax exposure. A reconciliation of the beginning and ending amount of unrecognized tax benefits is not included, nor is there any interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses as there are no unrecognized tax benefits.

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IRS990/Desc0EDUCATION: THE IEC-FWCC HAS BEEN TRAINING ELECTRICIANS THROUGH ITS APPRENTICESHIP PROGRAM FOR 35 CONSECUTIVE YEARS (ORIGINALLY UNDER THE SPONSORSHIP OF THE ELECTRICAL WORKERS ASSOCIATION). THE FLORIDA WEST COAST CHAPTER IS PROUD OF ITS RECORD OF PRODUCING HIGHLY SKILLED JOURNEYMEN ELECTRICIANS FOR THE TAMPA BAY AREA. IEC-FWCC WAS THE FIRST IN THE HISTORY OF IEC TO HAVE A GRADUATING CLASS WITH APPRENTICES IN THREE PROGRAMS (2005): COMMERCIAL-INDUSTRIAL ELECTRICIANS, RESIDENTIAL WIREMAN, AND TELECOMMUNICATION TECHNICIANS PROGRAMS. IN ADDITION TO SERVING STUDENTS AT THE HILLSBOROUGH COMMUNITY COLLEGE (HCC), TAMPA, CLASSES ARE ALSO TAUGHT AT THE PINELLAS TECHNICAL COLLEGE (PTC) CLEARWATER CAMPUS, MARCHMAN TECHNICAL COLLEGE, NEW PORT RICHEY, TRAVISS TECHNICAL COLLEGE, LAKELAND AND TALLAHASSEE COMMUNITY COLLEGE (TCC), TALLAHASSEE. THE PROGRAMS VARY IN LENGTH FROM 2 1/2 TO 4 YEARS AND SERVE APPROXIMATELY 300 APPRENTICES PER YEAR. THE IEC-FWCC WAS NAMED THE 2018 NATIONAL CHAPTER OF THE YEAR AND EARNED THE DISTINCTION OF AN IEC CERTIFIED CHAPTER TRAINING ADVANTAGE CHAPTER.IN ADDITION TO THE APPRENTICESHIP PROGRAM, THE CHAPTER PARTNERS WITH THE CONSTRUCTION TRADES PREAPPRENTICESHIP PROGRAMS OF THE LOCAL SCHOOL DISTRICTS. THE GOAL IS TO GENERATE ELECTRICAL HELPERS THAT CAN MOVE SAFELY INTO A JOB ON A CONSTRUCTION SITE, ESTABLISH THEMSELVES AS A LOYAL EMPLOYEE WITH AN IEC MEMBER CONTRACTOR, AND EVENTUALLY ENROLL IN AN APPRENTICESHIP PROGRAM. IEC-FWCC ALSO RECOGNIZES THAT THE STATE OF FLORIDA IS IN A CRISIS DUE TO THE SHORTAGE OF TRADESMEN IN THE STATE. FREQUENT HURRICANES AND SUBSEQUENT REBUILDING EFFORTS HAVE CREATED A SHORTAGE AND THEREFORE A DEMAND FOR ELECTRICAL TRAINEES. IEC-FWCC WANTS TO OFFER THE BEST TRAINING OPPORTUNITIES IN THE STATE, THEREBY PRODUCING THE MOST COMPETENT, CONFIDENT ELECTRICIANS, RESIDENTIAL WIREMEN AND TELECOMMUNICATIONS TECHNICIANS POSSIBLE IN QUANTITIES THAT WILL MEET THE EVER-INCREASING NEEDS OF THIS RAPIDLY GROWING STATE. BY SUPPORTING THE CONSTRUCTION TRADES PROGRAMS WITHIN AREA HIGH SCHOOLS, STUDENTS ARE ABLE TO ADVANCE IN TRAINING AND THEREFORE ARTICULATE INTO THE FORMAL APPRENTICESHIP PROGRAM OR THE WORKFORCE AT AN ADVANCED LEVEL. THE PRE-APPRENTICESHIP PROGRAM STANDARDS WERE REWRITTEN THIS YEAR AND IS CONSIDERED QUITE REMARKABLE AS IT IS THE ONLY SUCH PROGRAM IN THE STATE THAT INCLUDES PAID, ON THE JOB TRAINING FOR STUDENTS .IEC-FWCC STRIVES TO BE A SOURCE OF INNOVATIVE EDUCATION, PRODUCTS AND SERVICES TO ENHANCE MEMBER PRODUCTIVITY, PROFITABILITY AND COMPETITIVENESS THROUGH APPROPRIATE DELIVERY CHANNELS, SUCH AS SEMINARS, STRATEGIC PARTNERSHIPS AND VARIOUS TECHNOLOGIES, THEREBY SECURING THE COMPETITIVE ADVANTAGE. WORKFORCE DEVELOPMENT INITIATIVES ARE PERPETUATED TO PROMOTE THE ELECTRICAL INDUSTRY AND THE WORK OF THE ELECTRICIAN TO SCHOOLS, PARENTS, TEACHERS, COUNSELORS AND VETERANS. ONGOING EDUCATIONAL SEMINARS ARE OFFERED ON HOW TO RETAIN, MOTIVATE AND MAINTAIN A QUALITY WORKFORCE. IEC-FWCC PROMOTES AND PROVIDES CONTINUING EDUCATION FOR CONTRACTORS AND FIELD EMPLOYEES. CONTINUING EDUCATION CLASSES ARE REQUIRED FOR CONTRACTORS TO MAINTAIN LICENSURE. APPROXIMATELY 500 ELECTRICIANS RECEIVE CONTINUING EDUCATION COURSEWORK EACH YEAR FROM IEC-FWCC.
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IRS990/Form990PartVIISectionAGrp/PersonNm14RICK RIEGER
IRS990/Form990PartVIISectionAGrp/PersonNm15ROBIN LESTER
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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/TitleTxt14EXECUTIVE DIRECTOR THRU 11/30/18
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DIRECTOR (STARTED 11/1/18)
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IRS990/MissionDesc0IEC IS A UNION-FREE TRADE ASSOCIATION OF MEMBERS UNITED IN AN EFFORT TO BETTER THE ELECTRICAL AND SYSTEMS CONTRACTING INDUSTRY THROUGH APPRENTICESHIP TRAINING, MEMBER EDUCATION, AND POLITICAL ACTION WHILE ENSURING INDEPENDENCE FOR ITS MEMBERS.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/OtherExpensesGrp/Desc0DUES & MEMBERSHIP
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IRS990/OtherExpensesGrp/Desc2FOOD & CATERING
IRS990/OtherExpensesGrp/Desc3AWARDS
IRS990/OtherExpensesGrp/TotalAmt087398
IRS990/OtherExpensesGrp/TotalAmt124581
IRS990/OtherExpensesGrp/TotalAmt214146
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IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0MANPOWER COORDINATION
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-2036
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0-2036
IRS990/OtherRevenueTotalAmt0-2036
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IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08650
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt019438
IRS990/PrincipalOfficerNm0CHARLES SPITZER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0949662
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0949662
IRS990/ProgSrvcAccomActy2Grp/Desc0ADVOCACY/POLITICAL ACTION: AS THE VOICE FOR MERIT SHOP ELECTRICAL AND SYSTEMS CONTRACTORS, THE FLORIDA WEST COAST CHAPTER ACTS AS AN ADVOCATE FOR ITS MEMBERS AT THE STATE GOVERNMENT LEVEL AND IN WASHINGTON, D.C. IEC-FWCC IS ACTIVELY INVOLVED IN WORKING WITH STATE AND FEDERAL AGENCIES, AND THE U.S. CONGRESS IN ORDER TO PROMOTE THE MERIT SHOP PHILOSOPHY.IEC BELIEVES IN DEVELOPING AND FOSTERING A STRONGER ECONOMY THROUGH THE LEVEL OF QUALITY AND SERVICES ITS MEMBERS PROVIDE TO THE INDUSTRY. DRAWING FROM THE DEDICATION AND DESIRE OF CONTRACTORS IN THE INDEPENDENT SECTOR, OUR COUNTRY IS ABLE TO BENEFIT FROM A FLEXIBLE ARRAY OF SERVICES AND COMPETITIVE PRICING WHICH HELPS MAINTAIN AN AFFORDABLE LEVEL OF COSTS ON UTILITIES AND COMMUNICATION.FOR OVER SIX DECADES, IEC HAS FACED THE CHALLENGES IMPOSED BY THE EVER-CHANGING WORLD OF THE ELECTRICAL INDUSTRY. IEC ATTEMPTS TO FURTHER THE GROWTH OF THE U.S. ECONOMY THROUGH SKILLED MANPOWER AND THE PRINCIPLE OF FREE ENTERPRISE AND WORKS AGGRESSIVELY TO ESTABLISH AND PROTECT A FREE ENVIRONMENT FOR THE MERIT SHOP.
IRS990/ProgSrvcAccomActy3Grp/Desc0MANPOWER COORDINATION PROGRAM: THERE ARE TWO PRIMARY COMPONENTS OF THE MCP. THE FIRST COMPONENT IS REFERRAL. IEC/MCP THE COORDINATION OF LOANING/BORROWING EMPLOYEES. FOR EXAMPLE, THERE MAY BE TIMES WHEN A MEMBER CONTRACTOR HAS BRIEF TIME LAPSES BETWEEN PROJECTS; OR PERHAPS WORK PROJECTS HAVE TEMPORARILY SLOWED DOWN BUT HE ANTICIPATES THE WORKLOAD WILL BE BACK TO NORMAL IN A FEW WEEKS AND HE DOESN'T WANT TO LAY-OFF WORKERS FOR FEAR OF LOSING THEM PERMANENTLY TO ANOTHER CONTRACTOR. HERE'S A FEASIBLE OPTION: HE CAN LOAN EMPLOYEE(S) TO ANOTHER MCP CONTRACTOR WHO NEEDS TO BORROW SOME TEMPORARY HELP. THE HOME CONTRACTOR (THE LOANER) AND THE HOST CONTRACTOR (THE BORROWER)WORK OUT A FINANCIAL ARRANGEMENT WHEREAS THE WORKERS WILL REMAIN ON THE HOME CONTRACTOR'S PAYROLL DURING THE LOAN PERIOD AND THE HOST CONTRACTOR WILL COMPENSATE HIM. (FOR GUIDELINE PURPOSES ONLY, THIS CHAPTER SUGGESTS A COMPENSATION ARRANGEMENT OF 150% OF LOANED EMPLOYEE(S) WAGES). UPON CONCLUSION OF THE AGREED TERM OF EMPLOYMENT, LOANED EMPLOYEE(S) MUST BE RETURNED TO THE HOME CONTRACTOR. THE HOST FIRM DOES NOT ATTEMPT TO SOLICIT THE LOANED EMPLOYEES FOR PERMANENT HIRE. WE ALSO TALK WITH PEOPLE INTERESTED IN PERSUING THE ELECTRICAL PROGRAM, INFORM THEM OF OUR APPRENTICESHIP PROGRAM AND HOW IT WORK WITH OUR MEMBERS.
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0172005
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0424529
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AggregateReportedDuesNtcAmt040075
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
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IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt015320
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/PoliticalExpendituresAmt015320
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION CONTRIBUTED $15,320 TO IEC FLORIDA. IEC FLORIDA HAS A CONTRACT WITH A STRATEGIC GROUP OF PROFESSIONALS (LOBBYISTS) WHO KEEP OUR LEADERSHIP AND STAFF APRAISED OF LEGISLATIVE ISSUES THAT MIGHT IMPACT OUR MEMBERS. STAFF PARTICIPATES WITH IEC FLORIDA IN MEETINGS WITH LEGISLATORS AND THEIR STAFF TO DISCUSS ISSUES RELEVANT TO FUNDING FOR ELECTRICAL APPRENTICESHIP AND TO THE ELECTRICAL CONTRACTORS THAT ARE OUR MEMBERS.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I-A, LINE 1:
IRS990ScheduleC/TaxableAmt0-24755
IRS990ScheduleC/VolunteerHoursCnt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt025007
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0139837
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0164844
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0418
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02271
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02689
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012884
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05894
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018778
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ADHERES TO THE PROVISIONS OF FASB ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. AS A RESULT OF THE IMPLEMENTATION OF ASC 740, THE ORGANIZATION HAS NOT RECOGNIZED ANY RESPECTIVE LIABILITY FOR ANY MATERIAL INCOME TAX EXPOSURE. A RECONCILIATION OF THE BEGINNING AND ENDING AMOUNT OF UNRECOGNIZED TAX BENEFITS IS NOT INCLUDED, NOR IS THERE ANY INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES AS THERE ARE NO UNRECOGNIZED TAX BENEFITS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0DERBY
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IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BY-LAWS WERE AMENDED TO INCLUDE 3 CLASSES OF MEMBERSHIP. ONLY CLASS A, CONTRACTOR MEMBERS, ARE VOTING, WHILE THE RMAINING CLASSES ARE CLASS B, CONSTRUCTION INDUSTRY PARTNER MEMBERS, CLASS C, EMERITUS MEMBERS. THE CHANGES WERE APDOPTED ON AUGUST 14, 2019.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS FOUR LEVELS OF MEMBERSHIP: PRIMARY CLASS A - CONTRACTOR MEMBER - TO BE ELIGIBLE FOR PRIMARY CLASS A MEMBERSHIP, A BUSINESS MUST BE A MERIT SHOP AND UNION-FREE CONTRACTOR ENGAGED IN THE BUSINESS OF UNLIMITED ELECTRICAL CONTRACTING PURSUANT TO A CERTIFICATE OR REGISTRATION ISSUED BY THE FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION, AS DEFINED BY FLORIDA STATUTES, CHAPTER 489, PART II, FLORIDA STATUTES AND THE RULES OF THE ELECTRICAL CONTRACTORS' LICENSING BOARD, AND WHOSE MAIN OFFICE IS LOCATED IN THE IEC-FWCC SERVICE AREA OF HILLSBOROUGH, PINELLAS, PASCO, POLK, AND MANATEE COUNTIES. SECONDARY CLASS A - CONTRACTOR MEMBER - TO BE ELIGIBLE FOR SECONDARY CLASS A MEMBERSHIP, A BUSINESS MUST BE A MERIT SHOP AND UNION-FREE CONTRACTOR ENGAGED IN THE BUSINESS OF UNLIMITED ELECTRICAL CONTRACTING PURSUANT TO A CERTIFICATE OR REGISTRATION ISSUED BY THE FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION, AS DEFINED BY FLORIDA STATUTES, CHAPTER 489, PART II, FLORIDA STATUTES AND THE RULES OF THE ELECTRICAL CONTRACTORS' LICENSING BOARD AND WHOSE MAIN OFFICE IS LOCATED OUTSIDE THE IEC-FWCC SERVICE AREA OF HILLSBOROUGH, PINELLAS, PASCO, POLK AND MANATEE COUNTIES. PRIMARY CLASS B - SPECIALTY CONTRACTOR MEMBER - TO BE ELIGIBLE FOR PRIMARY CLASS B MEMBERSHIP, A BUSINESS MUST BE A MERIT SHOP AND UNION-FREE CONTRACTOR ENGAGED IN THE BUSINESS OF LIGHTING MAINTENANCE, ALARM SYSTEMS, SOUND, SECURITY, VOICE/DATA/VIDEO, LOW VOLTAGE SYSTEMS, SIGNS, AND RESIDENTIAL PURSUANT TO A CERTIFICATE OR REGISTRATION ISSUED BY THE FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION, AS DEFINED BY FLORIDA STATUTES, CHAPTER 489, PART II, FLORIDA STATUTES AND THE RULES OF THE ELECTRICAL CONTRACTORS' LICENSING BOARD AND WHOSE MAIN OFFICE IS LOCATED IN THE IEC-FWCC SERVICE AREA OF HILLSBOROUGH, PINELLAS, PASCO, POLK AND MANATEE COUNTIES. THE NUMBER OF SPECIALTY CONTRACTOR MEMBERS IS CAPPED AT 80% OF CLASS A CONTRACTOR MEMBERS. SECONDARY CLASS B - SPECIALTY CONTRACTOR MEMBER. TO BE ELIGIBLE FOR SECONDARY CLASS B MEMBERSHIP, A BUSINESS MUST BE A MERIT SHOP AND UNION-FREE CONTRACTOR ENGAGED IN THE BUSINESS OF LIGHTING MAINTENANCE, ALARM SYSTEMS, SOUND, SECURITY, VOICE/DATA/VIDEO, LOW VOLTAGE SYSTEMS, SIGNS, AND RESIDENTIAL PURSUANT TO A CERTIFICATE OR REGISTRATION ISSUED BY THE FLORIDA DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION, AS DEFINED BY FLORIDA STATUTES, CHAPTER 489, PART II, FLORIDA STATUTES AND THE RULES OF THE ELECTRICAL CONTRACTORS' LICENSING BOARD AND WHOSE MAIN OFFICE IS LOCATED OUTSIDE THE IEC-FWCC SERVICE AREA OF HILLSBOROUGH, PINELLAS, PASCO, POLK AND MANATEE COUNTIES. THE NUMBER OF SPECIALTY CONTRACTOR MEMBERS IS CAPPED AT 80% OF CLASS A CONTRACTOR MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ONE PERSON PER MEMBER FIRM VOTES TO ELECT THE BOARD OF DIRECTORS AT AN ANNUAL MEETING OF THE GENERAL MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PROVIDED TO THE BOARD MEMBERS 10 DAYS IN ADVANCE OF A BOARD MEETING FOR REVIEW. AT THE NEXT REGULAR MEETING OF THE BOARD, IT IS DISCUSSED AND VOTED INTO THE OFFICIAL RECORD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OUR POLICY IS TO HAVE THE DIRECTORS AND STAFF SIGN CONFLICT OF INTEREST CERTIFICATION AND DISCLOSURE FORMS ANNUALLY. ADDITIONALLY, ANY DIRECTOR WHO BELIEVES HE OR SHE MAY HAVE A CONFLICT OF INTEREST SHALL SO NOTIFY THE BOARD PRIOR TO DELIBERATION ON THE MATTER IN QUESTION, AND THE BOARD SHALL MAKE THE FINAL DETERMINATION AS TO WHETHER ANY DIRECTOR HAS A CONFLICT OF INTEREST IN ANY MATTER. THE MINUTES OF THE BOARD MEETING SHALL REFLECT DISCLOSURE OF ANY CONFLICT OF INTEREST AND THE RECUSAL OF THE INTERESTED DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS CONDUCTS AN ANNUAL REVIEW AND VOTES TO ADJUST THE EXECUTIVE DIRECTOR'S SALARY AND BONUS AWARDS. IEC NATIONAL PROVIDES SURVEYS OF ALL CHAPTERS WITH REGARD TO STAFF SALARIES. THESE ARE REVIEWED DURING THE EXECUTIVE DIRECTOR'S COMPENSATION REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THESE DOCUMENTS ARE AVAILABLE UPON REQUEST EITHER IN PERSON OR BY MAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ADMIN FEE AP TO IEC 142,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE EXECUTIVE COMMITTEE ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW OR COMPILATION OF ITS FINANCIAL STATEMENTS, AND SELECTION OF AN INDEPENDENT ACCOUNTANT. ONCE THE FINANCIALS AND TAX RETURNS ARE COMPLETED THEY ARE DISSEMINATED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C:
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IRS990/SubjectToProxyTaxInd01
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt0952862
IRS990/TotalAssetsGrp/BOYAmt0633503
IRS990/TotalAssetsGrp/EOYAmt0952862
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0223376
IRS990/TotalEmployeeCnt037
IRS990/TotalFunctionalExpensesGrp/TotalAmt01037764
IRS990/TotalGrossUBIAmt0-2036
IRS990/TotalLiabilitiesBOYAmt0319250
IRS990/TotalLiabilitiesEOYAmt0460336

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