WESTERN ELECTRICAL CONTRACTORS ASSOCIATION INC (EIN 940453910) - 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

1946

Legal Domicile

Principal Officer

DRU WELLS

Phone

9164530112

Tax Period

2023-09-01 to 2024-08-31

WESTERN ELECTRICAL CONTRACTORS ASSOCIATION INC, founded in 1946, is a community nonprofit that reported $6.6M in total revenue in fiscal year 2023. Expenses of $6.4M left a modest 3% surplus.

Mission

TO PROMOTE THE ELECTRICAL INDUSTRY

🔒

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 $0

Program Service Revenue $6,373,806

Investment Income $210,950

Other Revenue $0

TOTAL REVENUE $6,584,756

Expense Breakdown

Grants Paid $57,690

Salaries & Benefits $4,049,048

Fundraising Expenses $0

Other Expenses $2,262,622

TOTAL EXPENSES $6,369,360

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,584,756	$6,194,050	+0.1%
Expenses	$6,369,360	$5,660,308	+0.1%
Net Income	$215,396	$533,742	-0.6%

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

$375,347

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DRU WELLS	PRESIDENT	1.00	Officer Director	$0	$0	$0
GREG ANDERSON	IMMEDIATE PAST PRESIDENT (THRU AUG 2024)	1.00	Officer Director	$0	$0	$0
JASON BLUM	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ROB MCMILLIAN	TREASURER	1.00	Officer Director	$0	$0	$0
IAN VANDER LINDEN	DIRECTOR	1.00	Director	$0	$0	$0
TIM BOSLEY	DIRECTOR	1.00	Director	$0	$0	$0
RICK BUTTERFIELD	DIRECTOR	1.00	Director	$0	$0	$0
MARK COOPER	DIRECTOR	1.00	Director	$0	$0	$0
TROY ROBINSON	DIRECTOR	1.00	Director	$0	$0	$0
TIM SALYERS	DIRECTOR	1.00	Director	$0	$0	$0
JOHN PAVLETICH	DIRECTOR	1.00	Director	$0	$0	$0
TERRY SEABURY	EXECUTIVE DIRECTOR (THRU MARCH 2024)	34.00	Officer	$234,615	$9,255	$243,870
DON BLACK	EXECUTIVE DIRECTOR (AS OF MARCH 2024)	21.00	Officer	$113,333	$18,144	$131,477
MAUREEN WOOD	CFO	21.00	Highest	$133,459	$14,575	$148,034
MICHELLE GILKEY	CMO	34.00	Highest	$127,050	$9,487	$136,537
CHRISTINE BOLIN	COO	17.00	Highest	$131,128	$13,908	$145,036
BRYAN GEE	SENIOR DATABASE PROGRAMMER	15.00	Highest	$105,401	$17,762	$123,163
JIMMIE SLEMP	LEAD INSTRUCTOR/LAB MANAGER	12.00	Highest	$103,473	$11,803	$115,276

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	$6,584,756	$6,369,360	$7,441,256	$215,396
2023	$6,194,050	$5,660,308	$6,756,951	$533,742
2022	$5,332,092	$4,680,131	$4,771,671	$651,961
2021	$4,322,552	$4,013,024	$4,574,561	$309,528
2020	$4,228,948	$3,748,233	$3,851,560	$480,715
2019	$4,034,811	$3,657,141	$3,069,477	$377,670
2018	$3,857,848	$3,726,053	$2,598,928	$131,795

WESTERN ELECTRICAL CONTRACTORS ASSOCIATION INC