INDEPENDENT ELECTRICAL CONTRACTORS ASSOC FLORIDA WEST COAST CHAPTER INC

EIN: 591849807

CLEARWATER, FL

Total Revenue
$1,216,037
Total Expenses
$1,037,764
Total Assets
$952,862
Net Assets
$492,526
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
FL
Principal Officer
CHARLES SPITZER
Phone
7274990727
Tax Period
2018-08-01 to 2019-07-31

INDEPENDENT ELECTRICAL CONTRACTORS ASSOC FLORIDA WEST COAST CHAPTER INC, founded in 1978, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2018. Expenses of $1.0M left a modest 15% surplus.

Mission

IEC IS A UNION-FREE TRADE ASSOCIATION OF MEMBERS UNITED IN AN EFFORT TO BETTER THE ELECTRICAL AND SYSTEMS CONTRACTING INDUSTRY THROUGH APPRENTICESHIP TRAINING, MEMBER EDUCATION, AND POLITICAL ACTION WHILE ENSURING INDEPENDENCE FOR ITS MEMBERS.

Program Service Accomplishments

Program 1

EDUCATION: THE IEC-FWCC HAS BEEN TRAINING ELECTRICIANS THROUGH ITS APPRENTICESHIP PROGRAM FOR 35 CONSECUTIVE YEARS (ORIGINALLY UNDER THE SPONSORSHIP OF THE ELECTRICAL WORKERS ASSOCIATION). THE...

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EDUCATION: THE IEC-FWCC HAS BEEN TRAINING ELECTRICIANS THROUGH ITS APPRENTICESHIP PROGRAM FOR 35 CONSECUTIVE YEARS (ORIGINALLY UNDER THE SPONSORSHIP OF THE ELECTRICAL WORKERS ASSOCIATION). THE FLORIDA WEST COAST CHAPTER IS PROUD OF ITS RECORD OF PRODUCING HIGHLY SKILLED JOURNEYMEN ELECTRICIANS FOR THE TAMPA BAY AREA. IEC-FWCC WAS THE FIRST IN THE HISTORY OF IEC TO HAVE A GRADUATING CLASS WITH APPRENTICES IN THREE PROGRAMS (2005): COMMERCIAL-INDUSTRIAL ELECTRICIANS, RESIDENTIAL WIREMAN, AND TELECOMMUNICATION TECHNICIANS PROGRAMS. IN ADDITION TO SERVING STUDENTS AT THE HILLSBOROUGH COMMUNITY COLLEGE (HCC), TAMPA, CLASSES ARE ALSO TAUGHT AT THE PINELLAS TECHNICAL COLLEGE (PTC) CLEARWATER CAMPUS, MARCHMAN TECHNICAL COLLEGE, NEW PORT RICHEY, TRAVISS TECHNICAL COLLEGE, LAKELAND AND TALLAHASSEE COMMUNITY COLLEGE (TCC), TALLAHASSEE. THE PROGRAMS VARY IN LENGTH FROM 2 1/2 TO 4 YEARS AND SERVE APPROXIMATELY 300 APPRENTICES PER YEAR. THE IEC-FWCC WAS NAMED THE 2018 NATIONAL CHAPTER OF THE YEAR AND EARNED THE DISTINCTION OF AN IEC CERTIFIED CHAPTER TRAINING ADVANTAGE CHAPTER.IN ADDITION TO THE APPRENTICESHIP PROGRAM, THE CHAPTER PARTNERS WITH THE CONSTRUCTION TRADES PREAPPRENTICESHIP PROGRAMS OF THE LOCAL SCHOOL DISTRICTS. THE GOAL IS TO GENERATE ELECTRICAL HELPERS THAT CAN MOVE SAFELY INTO A JOB ON A CONSTRUCTION SITE, ESTABLISH THEMSELVES AS A LOYAL EMPLOYEE WITH AN IEC MEMBER CONTRACTOR, AND EVENTUALLY ENROLL IN AN APPRENTICESHIP PROGRAM. IEC-FWCC ALSO RECOGNIZES THAT THE STATE OF FLORIDA IS IN A CRISIS DUE TO THE SHORTAGE OF TRADESMEN IN THE STATE. FREQUENT HURRICANES AND SUBSEQUENT REBUILDING EFFORTS HAVE CREATED A SHORTAGE AND THEREFORE A DEMAND FOR ELECTRICAL TRAINEES. IEC-FWCC WANTS TO OFFER THE BEST TRAINING OPPORTUNITIES IN THE STATE, THEREBY PRODUCING THE MOST COMPETENT, CONFIDENT ELECTRICIANS, RESIDENTIAL WIREMEN AND TELECOMMUNICATIONS TECHNICIANS POSSIBLE IN QUANTITIES THAT WILL MEET THE EVER-INCREASING NEEDS OF THIS RAPIDLY GROWING STATE. BY SUPPORTING THE CONSTRUCTION TRADES PROGRAMS WITHIN AREA HIGH SCHOOLS, STUDENTS ARE ABLE TO ADVANCE IN TRAINING AND THEREFORE ARTICULATE INTO THE FORMAL APPRENTICESHIP PROGRAM OR THE WORKFORCE AT AN ADVANCED LEVEL. THE PRE-APPRENTICESHIP PROGRAM STANDARDS WERE REWRITTEN THIS YEAR AND IS CONSIDERED QUITE REMARKABLE AS IT IS THE ONLY SUCH PROGRAM IN THE STATE THAT INCLUDES PAID, ON THE JOB TRAINING FOR STUDENTS .IEC-FWCC STRIVES TO BE A SOURCE OF INNOVATIVE EDUCATION, PRODUCTS AND SERVICES TO ENHANCE MEMBER PRODUCTIVITY, PROFITABILITY AND COMPETITIVENESS THROUGH APPROPRIATE DELIVERY CHANNELS, SUCH AS SEMINARS, STRATEGIC PARTNERSHIPS AND VARIOUS TECHNOLOGIES, THEREBY SECURING THE COMPETITIVE ADVANTAGE. WORKFORCE DEVELOPMENT INITIATIVES ARE PERPETUATED TO PROMOTE THE ELECTRICAL INDUSTRY AND THE WORK OF THE ELECTRICIAN TO SCHOOLS, PARENTS, TEACHERS, COUNSELORS AND VETERANS. ONGOING EDUCATIONAL SEMINARS ARE OFFERED ON HOW TO RETAIN, MOTIVATE AND MAINTAIN A QUALITY WORKFORCE. IEC-FWCC PROMOTES AND PROVIDES CONTINUING EDUCATION FOR CONTRACTORS AND FIELD EMPLOYEES. CONTINUING EDUCATION CLASSES ARE REQUIRED FOR CONTRACTORS TO MAINTAIN LICENSURE. APPROXIMATELY 500 ELECTRICIANS RECEIVE CONTINUING EDUCATION COURSEWORK EACH YEAR FROM IEC-FWCC.

Program 2

ADVOCACY/POLITICAL ACTION: AS THE VOICE FOR MERIT SHOP ELECTRICAL AND SYSTEMS CONTRACTORS, THE FLORIDA WEST COAST CHAPTER ACTS AS AN ADVOCATE FOR ITS MEMBERS AT THE STATE GOVERNMENT LEVEL AND IN...

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ADVOCACY/POLITICAL ACTION: AS THE VOICE FOR MERIT SHOP ELECTRICAL AND SYSTEMS CONTRACTORS, THE FLORIDA WEST COAST CHAPTER ACTS AS AN ADVOCATE FOR ITS MEMBERS AT THE STATE GOVERNMENT LEVEL AND IN WASHINGTON, D.C. IEC-FWCC IS ACTIVELY INVOLVED IN WORKING WITH STATE AND FEDERAL AGENCIES, AND THE U.S. CONGRESS IN ORDER TO PROMOTE THE MERIT SHOP PHILOSOPHY.IEC BELIEVES IN DEVELOPING AND FOSTERING A STRONGER ECONOMY THROUGH THE LEVEL OF QUALITY AND SERVICES ITS MEMBERS PROVIDE TO THE INDUSTRY. DRAWING FROM THE DEDICATION AND DESIRE OF CONTRACTORS IN THE INDEPENDENT SECTOR, OUR COUNTRY IS ABLE TO BENEFIT FROM A FLEXIBLE ARRAY OF SERVICES AND COMPETITIVE PRICING WHICH HELPS MAINTAIN AN AFFORDABLE LEVEL OF COSTS ON UTILITIES AND COMMUNICATION.FOR OVER SIX DECADES, IEC HAS FACED THE CHALLENGES IMPOSED BY THE EVER-CHANGING WORLD OF THE ELECTRICAL INDUSTRY. IEC ATTEMPTS TO FURTHER THE GROWTH OF THE U.S. ECONOMY THROUGH SKILLED MANPOWER AND THE PRINCIPLE OF FREE ENTERPRISE AND WORKS AGGRESSIVELY TO ESTABLISH AND PROTECT A FREE ENVIRONMENT FOR THE MERIT SHOP.

Program 3

MANPOWER COORDINATION PROGRAM: THERE ARE TWO PRIMARY COMPONENTS OF THE MCP. THE FIRST COMPONENT IS REFERRAL. IEC/MCP THE COORDINATION OF LOANING/BORROWING EMPLOYEES. FOR EXAMPLE, THERE MAY BE TIMES...

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MANPOWER COORDINATION PROGRAM: THERE ARE TWO PRIMARY COMPONENTS OF THE MCP. THE FIRST COMPONENT IS REFERRAL. IEC/MCP THE COORDINATION OF LOANING/BORROWING EMPLOYEES. FOR EXAMPLE, THERE MAY BE TIMES WHEN A MEMBER CONTRACTOR HAS BRIEF TIME LAPSES BETWEEN PROJECTS; OR PERHAPS WORK PROJECTS HAVE TEMPORARILY SLOWED DOWN BUT HE ANTICIPATES THE WORKLOAD WILL BE BACK TO NORMAL IN A FEW WEEKS AND HE DOESN'T WANT TO LAY-OFF WORKERS FOR FEAR OF LOSING THEM PERMANENTLY TO ANOTHER CONTRACTOR. HERE'S A FEASIBLE OPTION: HE CAN LOAN EMPLOYEE(S) TO ANOTHER MCP CONTRACTOR WHO NEEDS TO BORROW SOME TEMPORARY HELP. THE HOME CONTRACTOR (THE LOANER) AND THE HOST CONTRACTOR (THE BORROWER)WORK OUT A FINANCIAL ARRANGEMENT WHEREAS THE WORKERS WILL REMAIN ON THE HOME CONTRACTOR'S PAYROLL DURING THE LOAN PERIOD AND THE HOST CONTRACTOR WILL COMPENSATE HIM. (FOR GUIDELINE PURPOSES ONLY, THIS CHAPTER SUGGESTS A COMPENSATION ARRANGEMENT OF 150% OF LOANED EMPLOYEE(S) WAGES). UPON CONCLUSION OF THE AGREED TERM OF EMPLOYMENT, LOANED EMPLOYEE(S) MUST BE RETURNED TO THE HOME CONTRACTOR. THE HOST FIRM DOES NOT ATTEMPT TO SOLICIT THE LOANED EMPLOYEES FOR PERMANENT HIRE. WE ALSO TALK WITH PEOPLE INTERESTED IN PERSUING THE ELECTRICAL PROGRAM, INFORM THEM OF OUR APPRENTICESHIP PROGRAM AND HOW IT WORK WITH OUR MEMBERS.

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Trantor Score

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

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $223,376
Program Service Revenue $949,662
Investment Income $2,536
Other Revenue $40,463
TOTAL REVENUE $1,216,037

Expense Breakdown

Grants Paid $0
Salaries & Benefits $601,749
Fundraising Expenses $0
Other Expenses $436,015
TOTAL EXPENSES $1,037,764

Year-over-Year Comparison

2018 2017 Change
Revenue $1,216,037 $1,135,980 +0.1%
Expenses $1,037,764 $928,029 +0.1%
Net Income $178,273 $207,951 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
37
Volunteers
14

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
5
$75,384
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLIE SPITZER PRESIDENT 1.00
Officer Director
$0 $0 $0
TIM WHITE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
GREG WOOTEN SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
GREG BENNET DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL VANDERGRIFF DIRECTOR 1.00
Director
$0 $0 $0
DANIEL HARRISON DIRECTOR 1.00
Director
$0 $0 $0
BRETT SANTARELLI DIRECTOR 1.00
Director
$0 $0 $0
DAVID STRELSER DIRECTOR 1.00
Director
$0 $0 $0
KEVIN BYRNE DIRECTOR 1.00
Director
$0 $0 $0
JOSEF TYREE II DIRECTOR 1.00
Director
$0 $0 $0
SCOTT MROCKOWSKI DIRECTOR 1.00
Director
$0 $0 $0
JERRY WHITE DIRECTOR 1.00
Director
$0 $0 $0
CECIL LEEDY DIRECTOR 1.00
Director
$0 $0 $0
TROY PUELO DIRECTOR 1.00
Director
$0 $0 $0
RICK RIEGER EXECUTIVE DIRECTOR THRU 11/30/18 40.00
Officer
$65,692 $0 $65,692
ROBIN LESTER EXECUTIVE DIRECTOR (STARTED 11/1/18) 40.00
Officer
$9,692 $0 $9,692
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
2019 $1,216,037 $1,037,764 $952,862 $178,273
2018 $1,135,980 $928,029 $633,503 $207,951
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