ASSOCIATED INDEPENDENT ELECTRICAL CONTRACTORS OF AMERICA INC (EIN 751815273) - Form 990 Financial Analysis & Trantor Score

🔒

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

1981

Legal Domicile

Principal Officer

JONNIE VALLAR

Phone

8174968422

Tax Period

2023-01-01 to 2023-12-31

ASSOCIATED INDEPENDENT ELECTRICAL CONTRACTORS OF AMERICA INC, founded in 1981, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $1.8M left a modest 7% surplus.

Mission

THE MISSION OF THE IEC FORT WORTH/TARRANT COUNTY CHAPTER IS TO OFFER QUALITY EDUCATION AND SAFETY PROGRAMS, GOVERNMENTAL INVOLVEMENT AND BUSINESS INFORMATION TO HELP MEMBERS IN THE ELCTRICAL INDUSTRY IN TARRANT COUNTY, TEXAS EXCEL. IN ADDITION, THE CHAPTER SUPPORTS A DEPARTMENT OF LABOR APPROVED WORK- WHILE-YOU-LEARN ELECTRICAL APPRENTICESHIP AND TRAINING PROGRAM TO PROVIDE THE ELECTRICAL INDUSTRY WITH TRAINED ELECTRICIANS FOR FUTURE GROWTH OF THE ELECTRICAL TRADE.

🔒

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 $394,246

Program Service Revenue $1,411,650

Investment Income $58,652

Other Revenue $105,927

TOTAL REVENUE $1,970,475

Expense Breakdown

Grants Paid $0

Salaries & Benefits $733,483

Fundraising Expenses $37,293

Program Expenses $1,094,997

Other Expenses $1,066,241

TOTAL EXPENSES $1,837,017

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,970,475	$1,660,541	+0.2%
Expenses	$1,837,017	$1,496,072	+0.2%
Net Income	$133,458	$164,469	-0.2%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
RON CANION	PRESIDENT	1.00	Officer Director	$0	$0	$0
BUDDY LANGER	1ST VICE PRE	1.00	Officer Director	$0	$0	$0
BRANDON WALKER	2ND VICE PRE	1.00	Officer Director	$0	$0	$0
ANTHONY HORN	SECRETARY TR	1.00	Officer Director	$0	$0	$0
ROBERT WALKER	IMM PAST PRE	1.00	Director	$0	$0	$0
BRIAN BRINKMAN	DIRECTOR	1.00	Director	$0	$0	$0
STEVE HUMPHREY JR	DIRECTOR	1.00	Director	$0	$0	$0
DOUG GREEN	DIRECTOR	1.00	Director	$0	$0	$0
PAUL LOWKE	DIRECTOR	1.00	Director	$0	$0	$0
COTY OWENS	DIRECTOR	1.00	Director	$0	$0	$0
WES SHAHAN	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	No data	No data	No data	No data
2023	$1,970,475	$1,837,017	$2,331,048	$133,458
2022	$1,660,541	$1,496,072	$2,118,137	$164,469
2021	$1,642,870	$1,605,221	$2,177,864	$37,649
2020	$1,637,201	$1,471,522	$2,062,801	$165,679
2019	$1,550,171	$1,498,415	$1,855,066	$51,756
2018	$1,565,025	$1,482,855	$1,629,554	$82,170

ASSOCIATED INDEPENDENT ELECTRICAL CONTRACTORS OF AMERICA INC