National Electrical Contractors As… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

Paul Yesbeck

Phone

3058289918

Tax Period

2023-01-01 to 2023-12-31

National Electrical Contractors Association-South Florida Chapter, founded in 1974, is a small nonprofit that reported $477K in total revenue in fiscal year 2023. Expenses of $672K exceeded revenue, resulting in a 41% operating deficit.

Mission

THE ORGANIZATION'S GENERAL PURPOSE IS TO REPRESENT, PROMOTE AND ADVANCE THE INTEREST OF THE ELECTRICAL CONTRACTING INDUSTRY IN THE SOUTH FLORIDA AREA.

Program Service Accomplishments

Program 1

THE ASSOCIATIONS ACHIEVES ITS OBJECTIVES BY RECEIVING A PORTION OF THEDUES COLLECTED FROM ALL GENERAL ELECTRICAL CONTRACTORS THAT CONTRIBUTE TOTHE NATIONAL ELECTRICAL INDUSTRY FUND, ELECTRICAL...

THE ASSOCIATIONS ACHIEVES ITS OBJECTIVES BY RECEIVING A PORTION OF THEDUES COLLECTED FROM ALL GENERAL ELECTRICAL CONTRACTORS THAT CONTRIBUTE TOTHE NATIONAL ELECTRICAL INDUSTRY FUND, ELECTRICAL INDUSTRY RECEIVINGTRUST AND THE NATIONAL ELECTRICAL BENEFIT FUND AS WELL AS OTHER GENERALCONTRIBUTIONS.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $291,958

Program Service Revenue $101,164

Investment Income $83,966

Other Revenue $0

TOTAL REVENUE $477,088

Expense Breakdown

Grants Paid $0

Salaries & Benefits $165,046

Fundraising Expenses $0

Other Expenses $506,554

TOTAL EXPENSES $671,600

Year-over-Year Comparison

	2023	2022	Change
Revenue	$477,088	$484,335	0.0%
Expenses	$671,600	$598,998	+0.1%
Net Income	$-194,512	$-114,663	+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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Jeff Meldrim	Vice President	Officer Director	$0	$0	$0
Paul Yesbeck	Treasurer	Officer Director	$0	$0	$0
Russ Borden	Director	Officer Director	$0	$0	$0
Josh Johnson	Director	Director	$0	$0	$0
Chud Fuellgraf	Director	Director	$0	$0	$0
Paul Maggi	Director	Director	$0	$0	$0
Wade Helms	Director	Officer Director	$0	$0	$0
Curtiss Morgan	Director	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	No data	No data	No data	No data
2023	$477,088	$671,600	$1,673,887	$-194,512
2022	$484,335	$598,998	$1,760,633	$-114,663
2021	$525,585	$481,263	$2,299,188	$44,322
2020	$455,276	$425,824	$2,262,416	$29,452
2019	$511,420	$639,450	$2,056,896	$-128,030
2018	$616,486	$582,668	$1,916,482	$33,818

National Electrical Contractors Association-South Florida Chapter