Civic Intelligence

Independent Electrical Contractors

990 • Fiscal year 2018 • EIN 74-1503969

Sep 01, 2017 to Aug 31, 2018 • Filed on Jul 15, 2019

Organization ProfileWWW.IECTXGULFCOAST.ORG

View Organization Page

601 N Shepherd No 330Houston, TX 77007

(713) 869-1976

Siviq Scores

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

Liabilities / Assets

94th percentile

0.81x

Higher debt load relative to assets than 94% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

71st percentile

0.34x

Higher debt load relative to revenue than 71% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Net Margin

15th percentile

-6.8%

Higher net margin than 15% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

58th percentile

$162,000

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Asset Growth

12th percentile

-12%

Faster asset growth than 12% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

42nd percentile

1.3%

Faster revenue growth than 42% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$1,121,908

Down $156,092 (-12%) from 2017

Net Assets

Down

$215,074

Down $180,199 (-46%) from 2017

Liabilities

Up

$906,834

Up $24,107 (+2.7%) from 2017

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin15th percentile

Revenue

Up

$2,659,125

Up $34,321 (+1.3%) from 2017

Expenses

Up

$2,839,324

Up $124,931 (+4.6%) from 2017

Net Income

Down

-$180,199

Down $90,610 (-101%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $850,664Liabilities 2011: $499,736Net Assets 2011: $350,9282011Assets 2012: $718,553Liabilities 2012: $541,488Net Assets 2012: $177,0652012Assets 2013: $833,467Liabilities 2013: $632,512Net Assets 2013: $200,9552013Assets 2014: $1,101,121Liabilities 2014: $737,628Net Assets 2014: $363,4932014Assets 2015: $1,205,960Liabilities 2015: $755,849Net Assets 2015: $450,1112015Assets 2016: $1,355,043Liabilities 2016: $870,181Net Assets 2016: $484,8622016Assets 2017: $1,278,000Liabilities 2017: $882,727Net Assets 2017: $395,2732017Assets 2018: $1,121,908Liabilities 2018: $906,834Net Assets 2018: $215,0742018Assets 2019: $756,307Liabilities 2019: $503,924Net Assets 2019: $252,3832019Assets 2020: $854,364Liabilities 2020: $957,324Net Assets 2020: -$102,9602020Assets 2021: $839,445Liabilities 2021: $807,337Net Assets 2021: $32,1082021Assets 2022: $698,962Liabilities 2022: $1,014,199Net Assets 2022: -$315,2372022Assets 2023: $826,543Liabilities 2023: $1,078,960Net Assets 2023: -$252,4172023Assets 2024: $2,609,784Liabilities 2024: $2,311,455Net Assets 2024: $298,3292024

Highlighted filing

2018

Assets$1,121,908
Liabilities$906,834
Net Assets$215,074
Open 2018 Filing

Operations Trend

Revenue Growth42nd percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,647,0682011Expenses 2012: $1,717,3282012Expenses 2013: $1,676,9982013Revenue 2014: $2,102,258Expenses 2014: $1,939,720Net Income 2014: $162,5382014Revenue 2015: $2,200,918Expenses 2015: $2,114,300Net Income 2015: $86,6182015Revenue 2016: $2,444,228Expenses 2016: $2,409,477Net Income 2016: $34,7512016Revenue 2017: $2,624,804Expenses 2017: $2,714,393Net Income 2017: -$89,5892017Revenue 2018: $2,659,125Expenses 2018: $2,839,324Net Income 2018: -$180,1992018Revenue 2019: $2,884,550Expenses 2019: $2,847,241Net Income 2019: $37,3092019Revenue 2020: $2,467,378Expenses 2020: $2,686,570Net Income 2020: -$219,1922020Revenue 2021: $2,819,952Expenses 2021: $2,684,884Net Income 2021: $135,0682021Revenue 2022: $2,695,543Expenses 2022: $2,862,575Net Income 2022: -$167,0322022Revenue 2023: $2,996,139Expenses 2023: $2,981,029Net Income 2023: $15,1102023Revenue 2024: $3,685,634Expenses 2024: $3,134,888Net Income 2024: $550,7462024

Highlighted filing

2018

Revenue$2,659,125
Expenses$2,839,324
Net Income-$180,199
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Jul 15, 2019
Return Version
2017v2.3
Gross Receipts
$2,891,441
Mission and Program Overview

Mission

To support a program of continuing education for apprentice, journeymen and master electricians, to encourage high standards of professional conduct for electricians, and to promote a safe work environment through both training and chapter functions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$383,569$440,244▲ $56,675
Land, Buildings, and Equipment, Net$488,423$372,045▼ $116,378
Cash and Non-Interest-Bearing Accounts$375,718$241,469▼ $134,249
Prepaid Expenses and Deferred Charges$23,343$57,794▲ $34,451
Savings and Temporary Cash Investments$6,947$10,356▲ $3,409
Total Assets$1,278,000$1,121,908▼ $156,092
Liabilities
Deferred Revenue$729,765$772,487▲ $42,722
Mortgage Notes Payable Secured by Investment Property$111,691$75,158▼ $36,533
Other Liabilities$13,373$30,097▲ $16,724
Accounts Payable and Accrued Expenses$27,898$29,092▲ $1,194
Total Liabilities$882,727$906,834▲ $24,107
Net Assets / Fund Balance
Unrestricted Net Assets$395,273$215,074▼ $180,199
Total Net Assets Fund Balance$395,273$215,074▼ $180,199
Total Liabilities and Net Assets / Fund Balance$1,278,000$1,121,908▼ $156,092

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$221,911$456,525$678,436
Equipment$150,134$372,667$522,801
Compensation and Service Providers
Top Officer Pay58th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Robert WilkinsonExecutive DirectorFT$162,000$162,000

Board Members and Trustees

NameTitle
Jeff BurkeA&t Chairman
Joe BandaPresident
Armando Lozano1st Vice President
Mark Boyer2nd Vice President
Bill CantonBOARD POSITION #1
Tommy SkaffBOARD POSITION #2
Jim RobertsBOARD POSITION #3
Shane SampsonAssociate Liaison
Charlie PfeifferTreasurersecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,703,441
Investment Income
$1,500
Other Revenue
$-45,816
Change in Net Assets
$-180,199
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,968,663
Salaries, Compensation, and Employee Benefits$870,661
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$783,482
All Other Expenses---$625,329
Advertising---$199,063
Travel---$189,848
Insurance---$163,058
Depreciation Depletion---$131,653
Other Expenses---$114,503
Fees for Services Accounting---$71,044
Payroll Taxes---$53,565
Pension Plan Contributions---$33,614
Office Expenses---$9,241
Interest---$2,414
Total Functional Expenses$0$0$0$2,839,324
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$232,316
Fundraising Gross Income$186,500
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fishing Tournament$61,388$61,388$72,214$-10,826
Golf Tournament$54,513$54,513$44,285$10,228
Total Events$186,500$186,500$232,316$-45,816
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$22,396
Payroll Liabilities$7,678
Sales Tax$23
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
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 members which do not receive any of the organization's profits.”

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

“The membership elects the members of the governing body.”

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

“The membership votes on any by-laws changes and they can overturn any decision of the governing body with 60% of the membership's approval.”

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

“A copy of the form 990 is provided to the organization's governing body before it is filed. It is submitted to an officer and signed by him, and is reviewed by the remaining board members.”

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

“The asae's (american society of association executives) semi-annual association compensations & benefits study is used to determine compensation for management officials.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Independent Electrical Contractors
EIN
74-1503969
Phone
7138691976
Address
601 N SHEPHERD NO 330, HOUSTON, TX 77007

Signing Officer

Name
Joe Banda
Title
President
Phone
7138691976
Signed
2019-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Banda
Formed
1983
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
0
Employees
24
Volunteers
0

Preparer

Firm
Melton & Melton Llp
Address
6002 ROGERDALE RD SUITE 200, HOUSTON, TX 77072
Preparer
W Clinton Bennett CPA
Phone
2817591120
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Houston community college 103,613. Building maintenance 97,802. Computer expense 83,940. Chapter functions 75,332. Printing and publications 41,874. Teacher's salary 36,993. Utilities 32,640. Miscellaneous expense 29,174. Bank charges 21,294. Auto expense 17,545. Vending supplies and maintenance 15,387. Telephone 15,336. Furniture and fixtures 13,715. Course material 11,431. Membership dues and subscriptions 8,900. Postage and shipping 8,382. Copier 5,214. Security 5,134. Waste removal 1,623.”

Form 990, Part XII, Line 2C

“During the current year, the taxpayer engaged independent accountants to compile it's financial statements. In the prior year, the organization's financial statements were also compiled by an independent accountant.”

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from federal income tax under code section 501(c)(6). The organization had no taxable unrelated business income in 2018 or 2017. Accordingly, no provision for income taxes has been recorded. Management has evaluated the organization's tax positions and concluded that the organization has taken no uncertain tax positions that require adjustment to the financial statements. There was no tax-related interest or penalties in 2018 or 2017. The organization is no longer subject to u.s. Federal or state income tax examinations by tax authorities for years before 2015.”

Raw XML AppendixShowing 400 of 420 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/ProgramServiceRevenueGrp/Desc0EDUCATION PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc2CHAPTER FUNCTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01576843
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11064073
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt262525
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01576843
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11064073
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt262525
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01890557
IRS990/PYOtherRevenueAmt0-32370
IRS990/PYProgramServiceRevenueAmt02657174
IRS990/PYRevenuesLessExpensesAmt0-89589
IRS990/PYSalariesCompEmpBnftPaidAmt0823836
IRS990/PYTotalExpensesAmt02714393
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02624804
IRS990/ReconcilationRevenueExpnssAmt0-180199
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06947
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010356
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0150134
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0372667
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0522801
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0221911
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0456525
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0678436
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022396
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt123
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt27678
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SALES TAX
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL LIABILITIES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER CODE SECTION 501(C)(6). THE ORGANIZATION HAD NO TAXABLE UNRELATED BUSINESS INCOME IN 2018 OR 2017. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THERE WAS NO TAX-RELATED INTEREST OR PENALTIES IN 2018 OR 2017. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0372045
IRS990ScheduleD/TotalLiabilityAmt030097
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0232316
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FISHING TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt061388
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt054513
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt070599
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0186500
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt061388
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt054513
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt070599
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0186500
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-45816
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0115817
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0232316
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt072214
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt044285
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt04
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0162000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROBERT WILKINSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0162000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0TRAVEL FOR THE EXECUTIVE DIRECTOR'S COMPANION IS PART OF THE COMPENSATION APPROVED BY THE BOARD FOR EACH FISCAL YEAR.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1COMPENSATION FOR THE EXECUTIVE DIRECTOR IS APPROVED BY THE BOARD EVERY FISCAL YEAR.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 1B
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/TravelForCompanionsInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS WHICH DO NOT RECEIVE ANY OF THE ORGANIZATION'S PROFITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERSHIP ELECTS THE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERSHIP VOTES ON ANY BY-LAWS CHANGES AND THEY CAN OVERTURN ANY DECISION OF THE GOVERNING BODY WITH 60% OF THE MEMBERSHIP'S APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT IS FILED. IT IS SUBMITTED TO AN OFFICER AND SIGNED BY HIM, AND IS REVIEWED BY THE REMAINING BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ASAE'S (AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES) SEMI-ANNUAL ASSOCIATION COMPENSATIONS & BENEFITS STUDY IS USED TO DETERMINE COMPENSATION FOR MANAGEMENT OFFICIALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6HOUSTON COMMUNITY COLLEGE 103,613. BUILDING MAINTENANCE 97,802. COMPUTER EXPENSE 83,940. CHAPTER FUNCTIONS 75,332. PRINTING AND PUBLICATIONS 41,874. TEACHER'S SALARY 36,993. UTILITIES 32,640. MISCELLANEOUS EXPENSE 29,174. BANK CHARGES 21,294. AUTO EXPENSE 17,545. VENDING SUPPLIES AND MAINTENANCE 15,387. TELEPHONE 15,336. FURNITURE AND FIXTURES 13,715. COURSE MATERIAL 11,431. MEMBERSHIP DUES AND SUBSCRIPTIONS 8,900. POSTAGE AND SHIPPING 8,382. COPIER 5,214. SECURITY 5,134. WASTE REMOVAL 1,623.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DURING THE CURRENT YEAR, THE TAXPAYER ENGAGED INDEPENDENT ACCOUNTANTS TO COMPILE IT'S FINANCIAL STATEMENTS. IN THE PRIOR YEAR, THE ORGANIZATION'S FINANCIAL STATEMENTS WERE ALSO COMPILED BY AN INDEPENDENT ACCOUNTANT.
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 B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01278000
IRS990/TotalAssetsEOYAmt01121908
IRS990/TotalAssetsGrp/BOYAmt01278000
IRS990/TotalAssetsGrp/EOYAmt01121908
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/TotalAmt02839324
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0882727
IRS990/TotalLiabilitiesEOYAmt0906834
IRS990/TotalLiabilitiesGrp/BOYAmt0882727
IRS990/TotalLiabilitiesGrp/EOYAmt0906834
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0395273
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0215074
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02839324
IRS990/TotalProgramServiceRevenueAmt02703441
IRS990/TotalReportableCompFromOrgAmt0162000
IRS990/TotalRevenueGrp/ExclusionAmt0-45816
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02704941
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02659125
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01278000
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01121908
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt0189848
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0395273
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0215074
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0601 N SHEPHERD NO 330
IRS990/USAddress/CityNm0HOUSTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077007
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0HTTP://WWW.IECTXGULFCOAST.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOE BANDA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07138691976
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDEPENDENT ELECTRICAL CONTRACTORS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OF TEXAS GULF COAST INC
ReturnHeader/Filer/BusinessNameControlTxt0INDE
ReturnHeader/Filer/EIN0741503969
ReturnHeader/Filer/PhoneNum07138691976
ReturnHeader/Filer/USAddress/AddressLine1Txt0601 N SHEPHERD NO 330
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077007

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,121,908
Liabilities
$906,834
Net assets
$215,074
Revenue
$2,659,125
Expenses
$2,839,324
Net income
-$180,199
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.61$2.31$0.30$3.69$3.13$0.55
2023Detailed filing. Detailed filing data is available for this year.$0.83$1.08$0.25$3.00$2.98$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.70$1.01$0.32$2.70$2.86$0.17
2021Detailed filing. Detailed filing data is available for this year.$0.84$0.81$0.03$2.82$2.68$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.85$0.96$0.10$2.47$2.69$0.22
2019Detailed filing. Detailed filing data is available for this year.$0.76$0.50$0.25$2.88$2.85$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.12$0.91$0.22$2.66$2.84$0.18
2017Detailed filing. Detailed filing data is available for this year.$1.28$0.88$0.40$2.62$2.71$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.36$0.87$0.48$2.44$2.41$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.21$0.76$0.45$2.20$2.11$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.10$0.74$0.36$2.10$1.94$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.63$0.20$1.68
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.54$0.18$1.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.50$0.35$1.65
Peer Organizations

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