National Electrical Contractors Assn Central New Mexico

EIN: 850103081

Albuquerque, NM

Total Revenue
$647,821
Total Expenses
$549,002
Total Assets
$1,985,722
Net Assets
$1,605,982
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
NM
Principal Officer
David Sanchez
Phone
5058836677
Tax Period
2024-01-01 to 2024-12-31

National Electrical Contractors Assn Central New Mexico, founded in 1951, is a small nonprofit that reported $648K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $99K, a strong 15% operating margin.

Mission

The New Mexico Chapter National Contractors Association (NECA), is a member of the National Trade Association united for industry-wide action for electrical contractors with the primary purpose being to secure profitable business opportunities for qualified electrical contractors.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $575,172
Investment Income $72,649
Other Revenue $0
TOTAL REVENUE $647,821

Expense Breakdown

Grants Paid $0
Salaries & Benefits $198,548
Fundraising Expenses $0
Program Expenses $494,633
Other Expenses $350,454
TOTAL EXPENSES $549,002

Year-over-Year Comparison

2024 2023 Change
Revenue $647,821 $599,182 +0.1%
Expenses $549,002 $524,049 +0.0%
Net Income $98,819 $75,133 +0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
8
Independent Members
8
Employees
3
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
5
$87,500
Total Directors
8
$87,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lateesha Vigil Chapter Mgr/Sec 40.00
Officer Director
$87,500 $0 $87,500
Randy Dupuy President 0.50
Officer Director
$0 $0 $0
David Sanchez Vice President 0.50
Officer Director
$0 $0 $0
Anthony Gutierrez Treasurer 0.50
Officer Director
$0 $0 $0
Troy Beall Governor 0.50
Officer Director
$0 $0 $0
John McKinstry Director 0.50
Director
$0 $0 $0
Chris Gutierrez Director 0.50
Director
$0 $0 $0
David Sanchez Director 0.50
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
2024 $647,821 $549,002 $1,985,722 $98,819
2023 $599,182 $524,049 $1,809,371 $75,133
2022 $606,424 $485,497 $1,479,420 $120,927
2021 $460,461 $474,345 $1,430,975 $-13,884
2020 $403,406 $324,427 $1,426,549 $78,979
2019 $414,810 $301,798 $1,275,541 $113,012
2018 $440,944 $320,676 $1,077,708 $120,268
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