Civic Intelligence

MID South Independent Electrical Contractors Inc

990 • Fiscal year 2017 • EIN 62-1502915

Jan 01, 2017 to Dec 31, 2017 • Filed on May 11, 2018

2814 Stage Center DrBartlett, TN 38134

(901) 682-3546

Siviq Scores

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

Liabilities / Assets

37th percentile

0.02x

Higher debt load relative to assets than 37% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

40th percentile

0.03x

Higher debt load relative to revenue than 40% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Net Margin

41st percentile

1.4%

Higher net margin than 41% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Asset Growth

42nd percentile

2.2%

Faster asset growth than 42% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

46th percentile

1.7%

Faster revenue growth than 46% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$649,104

Up $14,282 (+2.2%) from 2016

Net Assets

Up

$635,219

Up $6,662 (+1.1%) from 2016

Liabilities

Up

$13,885

Up $7,620 (+122%) from 2016

Revenue

Up

$482,711

Up $8,175 (+1.7%) from 2016

Expenses

Up

$476,049

Up $27,221 (+6.1%) from 2016

Net Income

Down

$6,662

Down $19,046 (-74%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $640,383Liabilities 2010: $165,942Net Assets 2010: $474,4412010Assets 2011: $699,071Liabilities 2011: $144,901Net Assets 2011: $554,1702011Assets 2012: $716,446Liabilities 2012: $137,397Net Assets 2012: $579,0492012Assets 2013: $611,805Liabilities 2013: $10,967Net Assets 2013: $600,8382013Assets 2014: $595,552Liabilities 2014: $5,752Net Assets 2014: $589,8002014Assets 2015: $609,200Liabilities 2015: $6,351Net Assets 2015: $602,8492015Assets 2016: $634,822Liabilities 2016: $6,265Net Assets 2016: $628,5572016Assets 2017: $649,104Liabilities 2017: $13,885Net Assets 2017: $635,2192017Assets 2018: $670,907Liabilities 2018: $16,722Net Assets 2018: $654,1852018Assets 2019: $770,718Liabilities 2019: $6,376Net Assets 2019: $764,3422019Assets 2020: $1,242,405Liabilities 2020: $270,055Net Assets 2020: $972,3502020Assets 2021: $1,498,932Liabilities 2021: $247,358Net Assets 2021: $1,251,5742021Assets 2022: $1,489,410Liabilities 2022: $237,870Net Assets 2022: $1,251,5402022Assets 2023: $1,543,717Liabilities 2023: $215,629Net Assets 2023: $1,328,0882023Assets 2024: $1,397,412Liabilities 2024: $205,254Net Assets 2024: $1,192,1582024

Highlighted filing

2017

Assets$649,104
Liabilities$13,885
Net Assets$635,219

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $429,4612010Expenses 2011: $414,5422011Expenses 2012: $394,6552012Revenue 2013: $409,402Expenses 2013: $387,613Net Income 2013: $21,7892013Revenue 2014: $383,751Expenses 2014: $394,789Net Income 2014: -$11,0382014Revenue 2015: $453,244Expenses 2015: $440,195Net Income 2015: $13,0492015Revenue 2016: $474,536Expenses 2016: $448,828Net Income 2016: $25,7082016Revenue 2017: $482,711Expenses 2017: $476,049Net Income 2017: $6,6622017Revenue 2018: $493,326Expenses 2018: $474,360Net Income 2018: $18,9662018Revenue 2019: $517,605Expenses 2019: $407,448Net Income 2019: $110,1572019Revenue 2020: $671,958Expenses 2020: $463,950Net Income 2020: $208,0082020Revenue 2021: $707,313Expenses 2021: $428,089Net Income 2021: $279,2242021Revenue 2022: $538,346Expenses 2022: $538,380Net Income 2022: -$342022Revenue 2023: $645,251Expenses 2023: $568,703Net Income 2023: $76,5482023Revenue 2024: $118,626Expenses 2024: $254,556Net Income 2024: -$135,9302024

Highlighted filing

2017

Revenue$482,711
Expenses$476,049
Net Income$6,662
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 11, 2018
Return Version
2017v2.2
Gross Receipts
$497,924
Mission and Program Overview

Mission

The organization's mission is to provide apprentice training classes and trade association servces for independent electrical contractors

TRADE ORGANIZATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$283,327$287,957▲ $4,630
Cash and Non-Interest-Bearing Accounts$230,449$222,355▼ $8,094
Savings and Temporary Cash Investments$113,546$132,080▲ $18,534
Accounts Receivable$7,500$6,712▼ $788
Total Assets$634,822$649,104▲ $14,282
Liabilities
Accounts Payable and Accrued Expenses$0$7,568▲ $7,568
Other Liabilities$6,265$6,317▲ $52
Total Liabilities$6,265$13,885▲ $7,620
Net Assets / Fund Balance
Unrestricted Net Assets$628,557$635,219▲ $6,662
Total Net Assets Fund Balance$628,557$635,219▲ $6,662
Total Liabilities and Net Assets / Fund Balance$634,822$649,104▲ $14,282

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$188,797$145,685$334,482
Land$94,867-$94,867
Equipment$4,293$72,962$77,255
Compensation and Service Providers

Board Members and Trustees

NameTitle
Roy CampbellPresident
Nathan HarmeierVice President
Aaron DennisBoard Member
Anthie SutterfieldBoard Member
Bobby CarlockBoard Member
Frank FuchsBoard Member
Shane McculleyBoard Member
Walter CzyrnikExec Director
Chuck JenningsSecretary
Tim SammarcoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$90,373
Program Service Revenue
$368,970
Investment Income
$366
Other Revenue
$23,002
Change in Net Assets
$6,662
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$248,762
Salaries, Compensation, and Employee Benefits$227,287
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$111,985
Current Officers, Directors, Trustees, and Key Employees---$99,280
Occupancy---$30,789
All Other Expenses---$28,358
Office Expenses---$17,580
Payroll Taxes---$16,022
Insurance---$10,307
Other Expenses---$10,168
Depreciation Depletion---$8,663
Conferences and Meetings---$4,005
Fees for Services Accounting---$2,745
Fees for Services Legal---$2,400
Travel---$1,779
Fees for Services Other---$1,245
Advertising---$836
Interest---$172
Total Functional Expenses$0$0$0$476,049
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$38,215
Fundraising Direct Expenses$15,213
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$6,317
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has an additional 38 members not including the number of voting board members.

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

Members do vote to elect the board of directors.

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

The only board decision subject to member approval is in regards to changes to the by-laws.

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

A few members of the governing board may see the form 990 before it is filed, particularly the treasurer. However, the form 990 is always available to the board members.

Form 990, Part VI, Section C, Line 19

The organization makes all financial documents, including form 990, available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Mid South Independent Electrical
EIN
62-1502915
Phone
9016823546
Address
2814 STAGE CENTER DR, BARTLETT, TN 38134

Signing Officer

Name
Walter Czyrnik
Title
Executive Director
Phone
9016823546
Signed
2018-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Walter Czyrnik
Formed
1992
Legal Domicile
Tn
Voting Board Members
10
Independent Board Members
48
Employees
8
Volunteers
23

Preparer

Firm
Fouts & Morgan Cpas
Address
1715 AARON BRENNER DR STE 700, MEMPHIS, TN 38120-1471
Preparer
Gary D Purdy CPA
Phone
9017612110
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization has a committee that is responsible for the selection of the accounting firm for the compilation.

Raw XML Appendix369 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/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MID-SOUTH IND ELEC CONTRACTORS
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt9EXEC DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS AN ADDITIONAL 38 MEMBERS NOT INCLUDING THE NUMBER OF VOTING BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS DO VOTE TO ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ONLY BOARD DECISION SUBJECT TO MEMBER APPROVAL IS IN REGARDS TO CHANGES TO THE BY-LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A FEW MEMBERS OF THE GOVERNING BOARD MAY SEE THE FORM 990 BEFORE IT IS FILED, PARTICULARLY THE TREASURER. HOWEVER, THE FORM 990 IS ALWAYS AVAILABLE TO THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ALL FINANCIAL DOCUMENTS, INCLUDING FORM 990, AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE SELECTION OF THE ACCOUNTING FIRM FOR THE COMPILATION.
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 A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotReportableCompRltdOrgAmt00
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IRS990/UnrelatedBusIncmOverLimitInd00
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ReturnHeader/BusinessOfficerGrp/PhoneNum09016823546
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-11
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.37.73.250
ReturnHeader/FilingSecurityInformation/IPDt02018-05-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm012:41:50
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0620963442
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FOUTS & MORGAN CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01715 AARON BRENNER DR STE 700
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ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARY D PURDY CPA
ReturnHeader/ReturnTs02018-05-14T09:37:23-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.40$0.21$1.19$0.12$0.25$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.54$0.22$1.33$0.65$0.57$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.49$0.24$1.25$0.54$0.54$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.50$0.25$1.25$0.71$0.43$0.28
2020Detailed filing. Detailed filing data is available for this year.$1.24$0.27$0.97$0.67$0.46$0.21
2019Detailed filing. Detailed filing data is available for this year.$0.77$0.01$0.76$0.52$0.41$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.67$0.02$0.65$0.49$0.47$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.65$0.01$0.64$0.48$0.48$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.63$0.01$0.63$0.47$0.45$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.61$0.01$0.60$0.45$0.44$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.60$0.01$0.59$0.38$0.39$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.61$0.01$0.60$0.41$0.39$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.14$0.58$0.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.14$0.55$0.41
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.17$0.47$0.43