Civic Intelligence

Denver Electrical Joint Industry

990 • Fiscal year 2021 • EIN 84-6218180

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 28, 2022

495 Uinta Way Suite 240Denver, CO 80230

(303) 937-3900

Siviq Scores

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

Liabilities / Assets

39th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

39th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2021

Net Margin

13th percentile

-6.3%

Higher net margin than 13% of similar nonprofits.

2021 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2021 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2021

Asset Growth

7th percentile

-11%

Faster asset growth than 7% of similar nonprofits.

2021 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

82nd percentile

21%

Faster revenue growth than 82% of similar nonprofits.

2021 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$391,854

Down $50,031 (-11%) from 2020

Net Assets

Down

$391,854

Down $47,902 (-11%) from 2020

Liabilities

Down

$0

Down $2,129 (-100%) from 2020

Revenue

Up

$407,957

Up $71,200 (+21%) from 2020

Expenses

Up

$433,534

Up $56,281 (+15%) from 2020

Net Income

Up

-$25,577

Up $14,919 (+37%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $615,079Liabilities 2011: $0Net Assets 2011: $615,0792011Assets 2012: $698,883Liabilities 2012: $0Net Assets 2012: $698,8832012Assets 2013: $569,233Liabilities 2013: $154,872Net Assets 2013: $414,3612013Assets 2014: $441,938Liabilities 2014: $860Net Assets 2014: $441,0782014Assets 2015: $484,516Liabilities 2015: $0Net Assets 2015: $484,5162015Assets 2016: $441,729Liabilities 2016: $0Net Assets 2016: $441,7292016Assets 2017: $435,608Liabilities 2017: $6,456Net Assets 2017: $429,1522017Assets 2018: $425,732Liabilities 2018: $11,596Net Assets 2018: $414,1362018Assets 2019: $511,356Liabilities 2019: $31,104Net Assets 2019: $480,2522019Assets 2020: $441,885Liabilities 2020: $2,129Net Assets 2020: $439,7562020Assets 2021: $391,854Liabilities 2021: $0Net Assets 2021: $391,8542021Assets 2022: $377,321Liabilities 2022: $0Net Assets 2022: $377,3212022Assets 2023: $469,916Liabilities 2023: $0Net Assets 2023: $469,9162023Assets 2024: $512,546Liabilities 2024: $0Net Assets 2024: $512,5462024

Highlighted filing

2021

Assets$391,854
Liabilities$0
Net Assets$391,854

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $239,787Expenses 2011: $162,404Net Income 2011: $77,3832011Revenue 2012: $275,353Expenses 2012: $191,549Net Income 2012: $83,8042012Revenue 2013: $252,948Expenses 2013: $537,470Net Income 2013: -$284,5222013Revenue 2014: $412,322Expenses 2014: $385,605Net Income 2014: $26,7172014Revenue 2015: $326,381Expenses 2015: $282,943Net Income 2015: $43,4382015Revenue 2016: $329,322Expenses 2016: $372,109Net Income 2016: -$42,7872016Revenue 2017: $300,620Expenses 2017: $313,197Net Income 2017: -$12,5772017Revenue 2018: $290,692Expenses 2018: $305,708Net Income 2018: -$15,0162018Revenue 2019: $424,005Expenses 2019: $357,889Net Income 2019: $66,1162019Revenue 2020: $336,757Expenses 2020: $377,253Net Income 2020: -$40,4962020Revenue 2021: $407,957Expenses 2021: $433,534Net Income 2021: -$25,5772021Revenue 2022: $355,236Expenses 2022: $330,011Net Income 2022: $25,2252022Revenue 2023: $328,399Expenses 2023: $255,427Net Income 2023: $72,9722023Revenue 2024: $348,183Expenses 2024: $319,338Net Income 2024: $28,8452024

Highlighted filing

2021

Revenue$407,957
Expenses$433,534
Net Income-$25,577
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 28, 2022
Return Version
2021v4.2
Gross Receipts
$600,033
Mission and Program Overview

Mission

Promotion of the electrical industry

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$303,846$223,658▼ $80,188
Savings and Temporary Cash Investments$81,749$101,410▲ $19,661
Cash and Non-Interest-Bearing Accounts$56,290$66,786▲ $10,496
Total Assets$441,885$391,854▼ $50,031
Liabilities
Other Liabilities$2,129$0▼ $2,129
Total Liabilities$2,129$0▼ $2,129
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$439,756$391,854▼ $47,902
Total Net Assets Fund Balance$439,756$391,854▼ $47,902
Total Liabilities and Net Assets / Fund Balance$441,885$391,854▼ $50,031
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jack CoxTrustee
Jeremy RossTrustee
Jeremy WilsonTrustee
Morgan BuchananTrustee
Rory BerumenTrustee
Vicki WrenTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$362,927
Investment Income
$45,030
Other Revenue
$0
Change in Net Assets
$-25,577

Audited Revenue Reconciliation

Revenue per Audited Statements
$407,957
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-22,328
Total Revenue per Audited Statements
$385,629
Total Revenue per Form 990
$407,957
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$377,592
Grants and Similar Amounts Paid$55,942
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$55,942--$55,942
Fees for Services Other-$38,750-$38,750
Fees for Services Lobbying-$23,750-$23,750
Other Expenses$55,389$12,000-$12,000
Office Expenses-$9,633-$9,633
Advertising-$5,950-$5,950
All Other Expenses-$4,768-$4,768
Insurance-$4,353-$4,353
Fees for Services Accounting-$3,120-$3,120
Fees for Service Investment Mgmnt Fees-$2,879-$2,879
Total Functional Expenses$273,331$160,203$0$433,534

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$433,534
Total Expenses per Audited Statements$433,534
Total Expenses per Form 990$433,534
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
International Brotherhood of Electrical Workers Local Union 68Denver, CO501(c)(3)To promote the electrical industry$28,092
Denver Joint Electrical Apprenticeship & Training CommitteeDenver, CO-To promote the electrical apprenticeships$13,280
Lowes Home Center LLCMooresville, NC501(c)(6)To promote the electrical industry$6,520
Rocky Mountain Mechanical Contractors AssociationDenver, CO501(c)(5)To promote the electrical industry$6,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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$23,750
Total Nondeductible Lobbying and Political Cost$23,750
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
No
Management duties delegated
No

Governance Explanations

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

A copy of form 990 is distributed to each board member for review

Form 990, Part VI, Section C, line 19

Upon request, Denver Electrical Industry Joint Promotional Fund makes its documents available to the public by U.S. mail.

Filing and Contact Details

Filer

Filer Name
Denver Electrical Joint Industry
EIN
84-6218180
Phone
3039373900
Address
495 Uinta Way Suite 240, Denver, CO 80230

Signing Officer

Name
Rory Berumen
Title
Director
Phone
3039373900
Signed
2022-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rory Berumen
Formed
1988
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
BiggsKofford PC
Address
630 Southpointe Court Suite 200, Colorado Springs, CO 80906
Preparer
Tyler Atkins
Phone
7195799090
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

The Fund is exempt from income taxes under Section 501(c)(5) of the Interal Revenue Code ("Code") and is not a private foundation under Section 509(a)(2) of the Code. The Fund evaluates the effect of uncertain tax positions, if any, and provides for those positions in accordance with the provisions of FASB ASC 450, Contingencies. No tax accrual for uncertain tax positions has been recorded as management believes there are no uncertain tax positions for the Fund.

Raw XML Appendix383 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.

Path#Value
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Fund is exempt from income taxes under Section 501(c)(5) of the Interal Revenue Code ("Code") and is not a private foundation under Section 509(a)(2) of the Code. The Fund evaluates the effect of uncertain tax positions, if any, and provides for those positions in accordance with the provisions of FASB ASC 450, Contingencies. No tax accrual for uncertain tax positions has been recorded as management believes there are no uncertain tax positions for the Fund.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To promote the electrical industry
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1To promote the electrical industry
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2To promote the electrical industry
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3To promote the electrical apprenticeships
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Rocky Mountain Mechanical Contractors Association
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2International Brotherhood of Electrical Workers Local Union 68
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Denver Joint Electrical Apprenticeship & Training Committee
IRS990ScheduleI/RecipientTable/RecipientEIN0844431618
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IRS990ScheduleI/RecipientTable/RecipientEIN2840477503
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01000 Lowes Blvd
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11391 Speer Blvd Suite 450
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt25660 Logan Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt35610 Logan Street
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Mooresville
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Denver
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Denver
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Denver
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2CO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3CO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd028117
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd180204
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd280216
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd380216
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Denver Electrical Joint Industry Promotion Fund maintains records to substantiate the amount of assistance and selection used to award contributions.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt03
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of form 990 is distributed to each board member for review
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Upon request, Denver Electrical Industry Joint Promotional Fund makes its documents available to the public by U.S. mail.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0441885
IRS990/TotalAssetsEOYAmt0391854
IRS990/TotalAssetsGrp/BOYAmt0441885
IRS990/TotalAssetsGrp/EOYAmt0391854
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0160203
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0273331
IRS990/TotalFunctionalExpensesGrp/TotalAmt0433534
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02129
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt02129
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0439756
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0391854
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0273331
IRS990/TotalProgramServiceRevenueAmt0362927
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt045030
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0362927
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0407957
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0441885
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0391854
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0495 Uinta Way Suite 240
IRS990/USAddress/CityNm0Denver
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080230
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0https://rmcneca.com/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Rory Berumen
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum03039373900
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Denver Electrical Joint Industry
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Promotion Fund
ReturnHeader/Filer/BusinessNameControlTxt0DENV
ReturnHeader/Filer/EIN0846218180
ReturnHeader/Filer/PhoneNum03039373900
ReturnHeader/Filer/USAddress/AddressLine1Txt0495 Uinta Way Suite 240
ReturnHeader/Filer/USAddress/CityNm0Denver
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080230
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0840884124
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BiggsKofford PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0630 Southpointe Court Suite 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Colorado Springs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080906
ReturnHeader/PreparerPersonGrp/PhoneNum07195799090
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tyler Atkins
ReturnHeader/ReturnTs02022-11-03T14:09:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Rory
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Berumen
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.13$0.00$5.13$3.48$3.19$0.29
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.70$0.00$4.70$3.28$2.55$0.73
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.77$0.00$3.77$3.55$3.30$0.25
2021Detailed filing. Detailed filing data is available for this year.$3.92$0.00$3.92$4.08$4.34$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.42$0.02$4.40$3.37$3.77$0.40
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.11$0.31$4.80$4.24$3.58$0.66
2018Summary only. Only limited summary data is available for this year.$4.26$0.12$4.14$2.91$3.06$0.15
2017Summary only. Only limited summary data is available for this year.$4.36$0.06$4.29$3.01$3.13$0.13
2016Summary only. Only limited summary data is available for this year.$4.42$0.00$4.42$3.29$3.72$0.43
2015Summary only. Only limited summary data is available for this year.$4.85$0.00$4.85$3.26$2.83$0.43
2014Summary only. Only limited summary data is available for this year.$4.42$0.01$4.41$4.12$3.86$0.27
2013Summary only. Only limited summary data is available for this year.$5.69$1.55$4.14$2.53$5.37$2.85
2012Summary only. Only limited summary data is available for this year.$6.99$0.00$6.99$2.75$1.92$0.84
2011Summary only. Only limited summary data is available for this year.$6.15$0.00$6.15$2.40$1.62$0.77
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)5 • $500k-$1M nonprofits