Civic Intelligence

Independent Electrical Contractors Inc

990 • Fiscal year 2017 • EIN 59-1849807

Aug 01, 2016 to Jul 31, 2017 • Filed on May 29, 2018

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

(727) 499-0727

Siviq Scores

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

Liabilities / Assets

91st percentile

0.69x

Higher debt load relative to assets than 91% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

57th percentile

0.23x

Higher debt load relative to revenue than 57% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

42nd percentile

1.9%

Higher net margin than 42% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

29th percentile

$79,500

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 7.8% of source-year revenue.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Asset Growth

20th percentile

-4.1%

Faster asset growth than 20% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

81st percentile

16%

Faster revenue growth than 81% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$343,205

Down $14,548 (-4.1%) from 2016

Net Assets

Up

$106,302

Up $19,871 (+23%) from 2016

Liabilities

Down

$236,903

Down $34,419 (-13%) from 2016

Revenue

Up

$1,024,106

Up $144,520 (+16%) from 2016

Expenses

Up

$1,004,237

Up $158,201 (+19%) from 2016

Net Income

Down

$19,869

Down $13,681 (-41%) from 2016

Historical Trend

Balance Sheet Trend

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

$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

2017

Assets$343,205
Liabilities$236,903
Net Assets$106,302

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2017

Revenue$1,024,106
Expenses$1,004,237
Net Income$19,869
Jump To
Filing Snapshot
Filing Period
Aug 1, 2016 to Jul 31, 2017
Signed
May 29, 2018
Return Version
2016v3.0
Gross Receipts
$1,204,065
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$85,267$202,812▲ $117,545
Cash and Non-Interest-Bearing Accounts$131,330$101,287▼ $30,043
Accounts Receivable$109,046$23,838▼ $85,208
Land, Buildings, and Equipment, Net$15,484$11,227▼ $4,257
Prepaid Expenses and Deferred Charges$16,104$3,519▼ $12,585
Total Assets$357,753$343,205▼ $14,548
Other Assets Total$522$522→ $0
Liabilities
Deferred Revenue$219,002$189,663▼ $29,339
Accounts Payable and Accrued Expenses$45,570$47,240▲ $1,670
Other Liabilities$6,750$0▼ $6,750
Total Liabilities$271,322$236,903▼ $34,419
Net Assets / Fund Balance
Unrestricted Net Assets$86,431$106,302▲ $19,871
Total Net Assets Fund Balance$86,431$106,302▲ $19,871
Total Liabilities and Net Assets / Fund Balance$357,753$343,205▼ $14,548

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,450$119,221$129,671
Leasehold Improvements$777$1,912$2,689
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Reina Mora-blackwelderExecutive Director (thru 9/17)FT$79,500$79,500
Rick RiegerExecutive DirectorFT$14,043$14,043

Board Members and Trustees

NameTitle
David StrelserPresident
Michael MullaneyVice President
Daniel HarrisonDirector
Gh WootenDirector
James TepperDirector
Josef Tyree IiDirector
Kevin ByrneDirector
Michael VandergriffDirector
Scott MroczkowskiDirector
Timothy WhiteDirector
Charles SpitzerSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$240,265
Program Service Revenue
$731,029
Investment Income
$96
Other Revenue
$52,716
All Other Contributions
$59,010
Change in Net Assets
$19,869
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$512,342
Other Expenses$491,895
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$334,751
Fees for Services Other---$126,640
Current Officers, Directors, Trustees, and Key Employees---$121,378
Occupancy---$61,091
Payroll Taxes---$49,000
Conferences and Meetings---$28,287
Office Expenses---$16,723
Other Expenses---$13,902
Fees for Services Accounting---$11,968
All Other Expenses---$10,017
Travel---$9,796
Advertising---$7,971
Depreciation Depletion---$7,479
Other Employee Benefits---$7,213
Insurance---$6,533
Interest---$400
Total Functional Expenses$0$0$0$1,004,237
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$80,966
Fundraising Direct Expenses$63,708
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Showcase Iec$44,284$44,284$41,910$2,374
Golf$23,851$23,851$9,778$14,073
Total Events$80,315$80,315$58,112$22,203
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$43,722
Current Year Nondeductible Lobbying and Political Cost$18,000
Political Expenditures$18,000
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
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, 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
Rick Rieger
Title
Executive Director
Phone
7274990727
Signed
2018-05-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Spitzer
Formed
1978
Legal Domicile
Fl
Voting Board Members
11
Independent Board Members
11
Employees
34
Volunteers
18

Preparer

Firm
Carr Riggs & Ingram LLC
Address
2111 DREW STREET, CLEARWATER, FL 33765-3215
Preparer
Debi Alberdi
Phone
7274460504
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Admin fee ap to iec 123,600. Instructional expenses:exam/proctor 3,040.

FORM 990, PART XI, LINE 9:

ROUNDING 2.

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/ActivityOrMissionDesc0IEC 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/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, AND TRAVISS TECHNICAL COLLEGE, LAKELAND. THE PROGRAMS VARY IN LENGTH FROM 2 1/2 TO 4 YEARS AND SERVE APPROXIMATELY 250 APPRENTICES PER YEAR. THE IEC-FWCC WAS NAMED THE 2015 NATIONAL APPRENTICESHIP 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/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/TitleTxt11EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE DIRECTOR (THRU 9/17)
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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/PrincipalOfficerNm0CHARLES SPITZER
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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.
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IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION CONTRIBUTES $1,500 PER MONTH OR $18,000 PER YEAR 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/VolunteerHoursCnt00
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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 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/ExplanationTxt1ONE PERSON PER MEMBER FIRM VOTES TO ELECT THE BOARD OF DIRECTORS AT AN ANNUAL MEETING OF THE GENERAL MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 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/ExplanationTxt3OUR 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/ExplanationTxt4THE 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/ExplanationTxt5THESE DOCUMENTS ARE AVAILABLE UPON REQUEST EITHER IN PERSON OR BY MAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ADMIN FEE AP TO IEC 123,600. INSTRUCTIONAL EXPENSES:EXAM/PROCTOR 3,040.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ROUNDING 2.
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 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C:
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