TWIN PORTS-ARROWHEAD(DULUTH) NATL ELECTRICAL CONTRACTORS ASSOC

EIN: 410797137

DULUTH, MN

Total Revenue
$688,297
Total Expenses
$631,800
Total Assets
$1,491,096
Net Assets
$1,363,426
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Legal Domicile
MN
Principal Officer
DAVE HORVATH
Phone
2187228115
Tax Period
2024-01-01 to 2024-12-31

TWIN PORTS-ARROWHEAD(DULUTH) NATL ELECTRICAL CONTRACTORS ASSOC is a small nonprofit that reported $688K in total revenue in fiscal year 2024. Expenses of $632K left a modest 8% surplus.

Mission

PROVIDE A COLLECTIVE VOICE FOR ALL ELECTRICAL CONTRACTORS WORKING IN NE MN AND NW WI. PROVIDE PUBLIC AWARENESS OF THE ELECTRICAL INDUSTRY, TRAINING FOR ELECTRICAL WORKERS.

Program Service Accomplishments

Program 1

PROMOTION OF THE ELECTRICAL INDUSTRY IN NE MINNESOTA AND NW WISCONSIN AND PROVIDE TRAINING FOR ELECTRICAL WORKERS

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $627,708
Investment Income $60,231
Other Revenue $358
TOTAL REVENUE $688,297

Expense Breakdown

Grants Paid $0
Salaries & Benefits $330,339
Fundraising Expenses $0
Other Expenses $301,461
TOTAL EXPENSES $631,800

Year-over-Year Comparison

2024 2023 Change
Revenue $688,297 $712,935 0.0%
Expenses $631,800 $516,260 +0.2%
Net Income $56,497 $196,675 -0.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
4
Volunteers
N/A

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
4
$23,540
Total Directors
6
$23,540
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DERRICK ATKINS SECRETARY/EX 20.00
Officer Director
$23,540 $0 $23,540
RICK HART TREASURER 1.00
Officer Director
$0 $0 $0
DAVE HORVATH PRESIDENT 1.00
Officer Director
$0 $0 $0
LANCE JOHNSON GOVERNOR 1.00
Officer Director
$0 $0 $0
CHRIS KROOK DIRECTOR 1.00
Director
$0 $0 $0
DAVE PEARCE DIRECTOR 1.00
Director
$0 $0 $0
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 $688,297 $631,800 $1,491,096 $56,497
2023 $712,935 $516,260 $1,278,266 $196,675
2022 $602,472 $512,984 $1,034,575 $89,488
2021 $552,546 $477,419 $1,231,226 $75,127
2020 $416,238 $450,974 $930,034 $-34,736
2019 $423,721 $433,387 $932,410 $-9,666
2018 $417,699 $346,546 $863,685 $71,153
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare TWIN PORTS-ARROWHEAD(DULUTH) NATL ELECTRICAL CONTRACTORS ASSOC with other nonprofits in Minnesota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.