Civic Intelligence

Independent Electrical Contractors Inc

990 • Fiscal year 2016 • EIN 59-1849807

Aug 01, 2015 to Jul 31, 2016 • Filed on Feb 27, 2017

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

93rd percentile

0.76x

Higher debt load relative to assets than 93% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

65th percentile

0.31x

Higher debt load relative to revenue than 65% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Net Margin

53rd percentile

3.8%

Higher net margin than 53% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

31st percentile

$86,707

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 9.9% of source-year revenue.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Asset Growth

90th percentile

30%

Faster asset growth than 90% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

88th percentile

24%

Faster revenue growth than 88% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$357,753

Up $83,556 (+30%) from 2015

Net Assets

Up

$86,431

Up $33,552 (+63%) from 2015

Liabilities

Up

$271,322

Up $50,004 (+23%) from 2015

Revenue

Up

$879,586

Up $169,013 (+24%) from 2015

Expenses

Up

$846,036

Up $155,156 (+22%) from 2015

Net Income

Up

$33,550

Up $13,857 (+70%) from 2015

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

2016

Assets$357,753
Liabilities$271,322
Net Assets$86,431

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

2016

Revenue$879,586
Expenses$846,036
Net Income$33,550
Jump To
Filing Snapshot
Filing Period
Aug 1, 2015 to Jul 31, 2016
Signed
Feb 27, 2017
Return Version
2015v3.0
Gross Receipts
$1,026,649
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
Cash and Non-Interest-Bearing Accounts$134,521$131,330▼ $3,191
Accounts Receivable$36,096$109,046▲ $72,950
Savings and Temporary Cash Investments$68,104$85,267▲ $17,163
Prepaid Expenses and Deferred Charges$10,661$16,104▲ $5,443
Land, Buildings, and Equipment, Net$24,293$15,484▼ $8,809
Total Assets$274,197$357,753▲ $83,556
Other Assets Total$522$522→ $0
Liabilities
Deferred Revenue$200,450$219,002▲ $18,552
Accounts Payable and Accrued Expenses$7,536$45,570▲ $38,034
Other Liabilities$13,332$6,750▼ $6,582
Total Liabilities$221,318$271,322▲ $50,004
Net Assets / Fund Balance
Unrestricted Net Assets$52,879$86,431▲ $33,552
Total Net Assets Fund Balance$52,879$86,431▲ $33,552
Total Liabilities and Net Assets / Fund Balance$274,197$357,753▲ $83,556

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,528$110,602$125,130
Leasehold Improvements$956$1,733$2,689
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Reina Mora-blackwelderExecutive DirectorFT$78,427$8,280$86,707

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$215,838
Program Service Revenue
$669,678
Investment Income
$157
Other Revenue
$-6,087
All Other Contributions
$72,940
Change in Net Assets
$33,550
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$432,253
Other Expenses$413,783
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$291,295
Fees for Services Other---$117,638
Current Officers, Directors, Trustees, and Key Employees---$86,706
Occupancy---$55,567
Payroll Taxes---$39,886
Office Expenses---$33,121
Conferences and Meetings---$19,832
Other Employee Benefits---$14,366
Advertising---$13,213
Other Expenses---$12,545
Fees for Services Accounting---$10,588
Depreciation Depletion---$7,488
Travel---$6,793
Insurance---$5,354
Interest---$1,217
Total Functional Expenses$0$0$0$846,036
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$32,071
Fundraising Gross Income$16,520
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Showcase Iec$9,620$9,620$9,808$-188
Graduation$3,800$3,800$1,935$1,865
Total Events$16,520$16,520$32,071$-15,551
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$18,050
Total Nondeductible Lobbying and Political Cost$18,050
Political Expenditures$18,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Payable$6,750
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 11

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
Charles Spitzer
Title
Secretary/treasurer
Phone
7274990727
Signed
2017-02-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Spitzer
Formed
1978
Legal Domicile
Fl
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
70

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 114,000. Instructional expenses:exam/proctor 3,638.

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/Desc0EDUCATION: THE IEC-FWCC HAS BEEN TRAINING ELECTRICIANS THROUGH ITS APPRENTICESHIP PROGRAM FOR 34 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. THE PROGRAMS VARY IN LENGTH FROM 2 1/2 TO 4 YEARS AND SERVE APPROXIMATELY 190 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
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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/OtherExpensesGrp/Desc0DUES AND MEMBERSHIPS
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IRS990/PrincipalOfficerNm0CHARLES SPITZER
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IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
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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 FIVE 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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IRS990/RelatedEntityInd00
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IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/PoliticalExpendituresAmt018000
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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:
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IRS990ScheduleC/VolunteerHoursCnt08
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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE PAYABLE
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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IRS990ScheduleD/TotalLiabilityAmt06750
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SHOWCASE IEC
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IRS990/ScheduleJRequiredInd00
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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 114,000. INSTRUCTIONAL EXPENSES:EXAM/PROCTOR 3,638.
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 11
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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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES SPITZER
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ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDEPENDENT ELECTRICAL CONTRACTORS ASSOC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FLORIDA WEST COAST CHAPTER INC
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