LINCOLN, NE
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LINCOLN ELECTRICAL CONTRACTORS ASSOCIATION, founded in 1959, is a small nonprofit in the Education sector that reported $866K in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $341K, a strong 39% operating margin.
THE ASSOCIATION WAS FORMED SOLELY AND EXCLUSIVELY FOR THE PURPOSE OF SUPPORTING A PROGRAM FOR THE TRAINING AND EDUCATION OF ELECTRICAL APPRENTICES AND JOURNEYMEN AND PROGRAMS IN FURTHERANCE THEREOF. IT IS TO DEFRAY THE COSTS OF APPRENTICESHIP AND TRAINING PROGRAMS ESTABLISHED UNDER PROVISIONS OF THE COLLECTIVE BARGAINING AGREEMENT BETWEEN INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS (IBEW) LOCAL NO. 265 AND THE NEBRASKA CHAPTER OF THE NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION (NECA).
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $865,870 | $590,888 | +0.5% |
| Expenses | $524,541 | $483,708 | +0.1% |
| Net Income | $341,329 | $107,180 | +2.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PAUL SCHEEL | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN WHITMER | SECRETARY - | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEVE STRUNK | SECRETARY - | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE ORF | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM EMERSON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN RIDDER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DOUG AMEN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DON HOLMAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ROY LAMB II | TRAINING DIR | 40.00 |
Officer
|
$82,791 | $15,361 | $98,152 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $865,870 | $524,541 | $1,168,269 | $341,329 |
| 2024 | $590,888 | $483,708 | $821,581 | $107,180 |
| 2023 | $487,737 | $398,089 | $712,073 | $89,648 |
| 2022 | $473,109 | $389,646 | $628,501 | $83,463 |
| 2021 | $359,086 | $340,745 | $544,164 | $18,341 |
| 2020 | $345,618 | $345,978 | $519,403 | $-360 |
| 2019 | $384,006 | $348,784 | $517,961 | $35,222 |
| 2018 | $379,247 | $327,687 | $486,849 | $51,560 |
Compare LINCOLN ELECTRICAL CONTRACTORS ASSOCIATION with other nonprofits in Nebraska and across the country.