INDEPENDENT ELECTRICAL CONTRACTORS OF GREATER CINCINNATI

EIN: 311220611

CINCINNATI, OH

Total Revenue
$1,737,083
Total Expenses
$1,426,973
Total Assets
$2,596,034
Net Assets
$2,495,258
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
OH
Principal Officer
MATTHEW HITTINGER
Phone
5135420400
Tax Period
2024-01-01 to 2024-12-31

INDEPENDENT ELECTRICAL CONTRACTORS OF GREATER CINCINNATI, founded in 1988, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. The organization ran a surplus of $310K, a strong 18% operating margin.

Mission

THE GENERAL BETTERMENT OF THE ELECTRICAL INDUSTRY AND TRADE, AND FOR THE EXCHANGE OF IDEAS AND INFORMATION TO BETTER CONDITIONS IN THE ELECTRICAL INDUSTRY, AND DOING OF ALL THINGS NECESSARY OR INCIDENTAL TO, OR IN THE FUTHERANCE OF, ANY OR ALL OF THE FOREGOING.

Program Service Accomplishments

Program 1

APPRENTICE PROGRAM: THE INTENT OF THE FOUR YEAR PROGRAM IS TO EDUCATE ENTRY LEVEL ELECTRICAL WORKERS AND GRADUATE AS JOURNEYMAN ELECTRICIANS QUALIFIED TO DO WORK IN THE ELECTRICAL CONSTRUCTION...

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APPRENTICE PROGRAM: THE INTENT OF THE FOUR YEAR PROGRAM IS TO EDUCATE ENTRY LEVEL ELECTRICAL WORKERS AND GRADUATE AS JOURNEYMAN ELECTRICIANS QUALIFIED TO DO WORK IN THE ELECTRICAL CONSTRUCTION INDUSTRY. THIS YEAR'S GRADUATING CLASS HAD 70 JOURNEYMEN.

Program 2

CONTINUING EDUCATION (CEU) CLASSES FOR JOURNEYMAN ELECTRICIANS. NATIONAL ELECTRICAL CODE UPDATE TRAINING ON THE LATEST CHANGES THAT AFFECT ELECTRICAL INSTALLATIONS.

Program 3

SAFETY PROGRAMS: IEC SAFETY TRAINING IS ESSENTIAL FOR ELECTRICAL WORKERS. TO ENSURE A SAFE WORK ENVIRONMENT WITH A COMMON GOAL THAT ALL WORKERS RETURN HOME EACH DAY WITHOUT INCIDENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,687,127
Investment Income $1,814
Other Revenue $48,142
TOTAL REVENUE $1,737,083

Expense Breakdown

Grants Paid $0
Salaries & Benefits $634,561
Fundraising Expenses $0
Other Expenses $792,412
TOTAL EXPENSES $1,426,973

Year-over-Year Comparison

2024 2023 Change
Revenue $1,737,083 $1,690,805 +0.0%
Expenses $1,426,973 $1,442,342 0.0%
Net Income $310,110 $248,463 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
38
Volunteers
8

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$129,635
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LOU SCHULER PRESIDENT 1.00
Officer Director
$0 $0 $0
STEVE ORTNER VICE PRESIDENT/TREASURER 1.00
Officer Director
$0 $0 $0
JUSTIN BEISCHEL TRUSTEE 1.00
Director
$0 $0 $0
DAVE EARLYWINE TRUSTEE 1.00
Director
$0 $0 $0
DAN DENIER TRUSTEE 1.00
Director
$0 $0 $0
BEN PARKS TRUSTEE 1.00
Director
$0 $0 $0
CHARLIE FISCHER JR TRUSTEE 1.00
Director
$0 $0 $0
MATT HITTINGER EXECUTIVE DIRECTOR 40.00
Officer
$129,635 $0 $129,635
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,737,083 $1,426,973 $2,596,034 $310,110
2023 $1,690,805 $1,442,342 $2,262,973 $248,463
2022 $1,783,476 $1,563,791 $2,356,844 $219,685
2021 $1,451,824 $1,316,517 $2,187,568 $135,307
2020 $1,344,152 $1,175,278 $2,032,494 $168,874
2019 $1,438,158 $1,337,788 $1,875,041 $100,370
2018 $1,203,426 $1,136,101 $1,865,641 $67,325
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