2023-11-13T16:43:53-06:00 2022-12-31 111986323 MARCUM LLP 1899 L STREET NW 850 WASHINGTON DC 20036 990 2022-01-01 521643734 ELECTRI INTERNATIONAL - THE FOUNDATION FOR ELECTRICAL CONSTRUCTION INC ELEC 2029916300 1201 PENNSYLVANIA AVE NW 1200 WASHINGTON DC 20004 JOSHUA BONE EXECUTIVE DIRECTOR 2029916300 2023-11-13 1 JOSHUA BONE 999009999 1 AARON M FOX P01365820 2028225000 2023-11-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOSHUA BONE 1201 PENNSYLVANIA AVE NW 1200 WASHINGTON DC 20004 8863685 0 X WWW.ELECTRI.ORG X 1988 MD TO USE ITS RESOURCES TO COMMISSION AND DISSEMINATE COLLABORATIVE AND INNOVATIVE RESEARCH, EDUCATION, AND TECHNOLOGY SOLUTIONS THAT ADVANCE THE FUTURE GROWTH AND PROSPERITY OF THE ELECTRICAL CONSTRUCTION INDUSTRY. 10 9 0 250 0 0 1993045 1792529 0 0 897187 848033 5227 114558 2895459 2755120 166587 155934 0 0 732244 923686 0 0 144868 945392 1641378 1844223 2720998 1051236 34122 31779910 28109445 781178 1369528 30998732 26739917 X TO USE ITS RESOURCES TO COMMISSION AND DISSEMINATE COLLABORATIVE AND INNOVATIVE RESEARCH, EDUCATION, AND TECHNOLOGY SOLUTIONS THAT ADVANCE THE FUTURE GROWTH AND PROSPERITY OF THE ELECTRICAL CONSTRUCTION INDUSTRY. 0 0 820491 THE ELECTRI COUNCIL COMMISSIONS ACCURATE, RELIABLE, TOP QUALITY RESEARCH TO SUPPORT ELECTRICAL CONTRACTORS IN THEIR BUSINESS EFFORTS AND HELPS PREPARE THE INDUSTRY FOR NEW BUSINESS AND TECHNOLOGY REALITIES OF THE 21ST CENTURY. 459403 RESEARCH INVESTIGATES TRENDS THAT AFFECT THE ELECTRICAL INDUSTRY. AS A RESULT, ELECTRICAL CONTRACTORS, MANUFACTURERS AND DISTRIBUTORS RECEIVE SUPPORT IN THEIR BUSINESS EFFORTS FROM TOP QUALITY RESEARCH. 424805 155934 EDUCATION PROVIDES SCHOLARSHIPS AND OTHER EDUCATIONAL OPPORTUNITIES TO STUDENTS STUDYING AND ENTERING THE ELECTRICAL CONTRACTING PROFESSION AND RELATED PROFESSIONS. THERE ARE SCHOLARSHIPS, GRANTS, AND STIPENDS OFFERED TO NECA CHAPTERS, NECA STUDENT CHAPTERS AND FACULTY MEMBERS. PRIZE MONIES ARE ALSO AWARDED FOR STUDENT COMPETITIONS ANNUALLY. 269908 INTERNATIONAL HAS SOUGHT TO FOSTER INFORMATIONAL, BUSINESS AND CULTURAL EXCHANGE OPPORTUNITIES BETWEEN ELECTRI COUNCIL MEMBERS AND CONTRACTORS FROM THE INTERNATIONAL COMMUNITY (I.E., CANADA, MEXICO, CENTRAL AMERICA, LATIN AMERICA, EUROPEAN AND ASIAN COUNTRIES). DISASTER RELIEF ASSISTS FAMILIES AND BUSINESSES IMPACTED BY DISASTERS. 269908 1974607 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 1 AC 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE ORGANIZATION 2029916300 1201 PENNSYLVANIA AVE NW 1200 WASHINGTON DC 20004 DAVID LONG TREASURER 1.00 35.00 X X 0 1018137 178008 KIRK DAVIS PRESIDENT 1.00 0.00 X X 0 0 0 LARRY BELTRAMO PAST - PRESIDENT 1.00 0.00 X X 0 0 0 MICHAEL PARKES VICE PRESIDENT 1.00 0.00 X X 0 0 0 KELLIE HOLLAND BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 JAMES MACDONALD BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 RICHARD W MCBRIDE BOARD OF TRUSTEES MEMBER EMERITUS 1.00 0.00 X 0 0 0 TODD MIKEC BOARD OF TRUSTEES 1.00 1.00 X 0 0 0 GREG LONG BOARD OF TRUSTEES 1.00 1.00 X 0 0 0 DONALD LAFFOON BOARD OF TRUSTEES 1.00 1.00 X 0 0 0 JOSHUA BONE EXECUTIVE DIRECTOR/SECRETARY 34.00 1.00 X 305136 0 56118 305136 1018137 234126 0 0 1 0 0 250000 1542529 1792529 633076 633076 6323522 6108565 214957 214957 214957 OTHER MISC. REVENUE 900099 114558 114558 114558 2755120 0 0 962591 X 155934 155934 923686 451533 370650 101503 44890 44890 403882 355503 40952 7427 12624 11513 822 289 12129 6041 4870 1218 201029 123698 51318 26013 218405 137240 73817 7348 735458 730484 4317 657 OTHER EXPENSES 12961 2661 9887 413 2720998 1974607 601523 144868 100190 54638 654859 761554 3835917 4166151 25991120 21681821 1154614 1405224 43210 40057 31779910 28109445 781178 1369528 781178 1369528 X 9364940 5753648 21633792 20986269 30998732 26739917 31779910 28109445 X 34122 -4276455 -16482 X X 0 1 X 1 0 X 1046012 898133 570055 1993045 1792529 6299774 1046012 898133 570055 1993045 1792529 6299774 1180785 5118989 449647 503998 473864 606895 633076 2667480 114558 114558 9081812 140287 0.56370 0.57620 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5875609 -509 -660628 264010 4950462 5640640 2066 493625 260722 5875609 5707063 925 200485 267833 5640640 5273997 4423 1685492 1235619 21230 5707063 6883967 3470 -435674 1156933 20833 5273997 0.00000 1.00000 0.00000 0 0 0 UNITRUST 295080 DUE TO AFFILIATE 1074448 1369528 X -1182122 -4276455 400585 -16482 -3892352 2710230 44890 44890 2755120 3076693 400585 400585 2676108 44890 44890 2720998 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF FIVE INDIVIDUAL FUNDS ESTABLISHED IN ORDER TO PROVIDE INCOME TO ADVANCE ELECTRI'S ORGANIZATIONAL MISSION. THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART X, LINE 2: THE FOUNDATION FOLLOWS THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN FASB ASC TOPIC 740, INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FOUNDATION EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021, RESPECTIVELY, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2022, THE STATUTE OF LIMITATIONS FOR TAX YEARS REMAINED OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE FOUNDATION FILES TAX RETURNS; HOWEVER, THERE ARE CURRENTLY NO EXAMINATIONS PENDING OR IN PROGRESS. IT IS THE FOUNDATION'S POLICY THAT INTEREST ON ANY INCOME TAX LIABILITY WOULD BE REPORTED AS INTEREST EXPENSE AND PENALTIES ON ANY INCOME TAX LIABILITY WOULD BE REPORTED AS INCOME TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON UNCOLLECTIBLE PLEDGES -16,482. 1 STIPENDS 9 8000 AWARDS 512 135934 SCHOLARSHIPS 43 12000 PART I, LINE 2: THE AWARDING AND USE OF GRANTS, STIPENDS AND STUDENT SUPPORT IS MONITORED BY MANAGEMENT AND ELECTRI'S GOVERNING BOARD. 0 1 0 0 0 0 0 0 0 DAVID LONG TREASURER 0 759750 0 175000 0 83387 0 152000 0 26008 0 1196145 0 0 JOSHUA BONE EXECUTIVE DIRECTOR/SECRETARY 258800 0 30000 0 16336 0 36600 0 19518 0 361254 0 0 0 PART I, LINE 1A ALL OF ELECTRI'S COMPENSATION COSTS CONSIST OF EXPENSES ALLOCATED FROM ITS AFFILIATE NECA. AS SUCH, NECA'S COMPENSATION PRACTICES ARE REFLECTED ON THIS SCHEDULE J. FIRST CLASS TRAVEL, COMPANION TRAVEL, TAX INDEMNIFICATIONS, AND CLUB DUES ARE PERMITTED BY NECA UNDER CERTAIN CIRCUMSTANCES IN ACCORDANCE WITH PRE-DETERMINED POLICIES AND PROCEDURES. PART I, LINE 3 NECA'S COMPENSATION COMMITTEE ESTABLISHES THE COMPENSATION OF NECA'S CEO. THE FOLLOWING METHODS ARE USED TO ESTABLISH HIS COMPENSATION: COMPENSATION COMMITTEE, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, FORM 990 OF OTHER ORGANIZATIONS, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. PART I, LINE 4B DAVID LONG, TREASURER, RECEIVED CONTRIBUTIONS TO A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FOR $95,900. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE SECRETARY-TREASURER. A COPY OF THE FORM 990 IS THEN SUBMITTED TO THE BOARD OF TRUSTEES FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ELECTRI INTERNATIONAL HAS A CONFLICT OF INTEREST POLICY THAT WAS ADOPTED IN 2008 TO PROVIDE GUIDANCE IN IDENTIFYING AND HANDLING POTENTIAL AND ACTUAL CONFLICTS OF INTEREST INVOLVING ELECTRI INTERNATIONAL. FORM 990, PART VI, SECTION B, LINE 15 AS ELECTRI'S PERSONNEL EXPENSES CONSIST SOLELY OF ALLOCATED CHARGES FROM NECA, ELECTRI DOES NOT HAVE ITS OWN PROCESS IN PLACE FOR SETTING COMPENSATION. RATHER, NECA'S PROCESS IS THE KEY MECHANISM RELIED UPON BY ELECTRI. A SUMMARY OF NECA'S COMPENSATION SETTING PROCEDURE IS AS FOLLOWS: THE COMPENSATION COMMITTEE OF THE EXECUTIVE COMMITTEE IS THE BODY CHARGED WITH REVIEWING NECA'S CEO'S COMPENSATION PACKAGE. THE COMMITTEE REVIEWS MARKET DATA AND THE CEO'S PERFORMANCE IN DETERMINING WHAT AN EQUITABLE COMPENSATION PACKAGE SHOULD BE. IN TURN, THE CEO OF NECA IS CHARGED WITH PREPARING EVALUATIONS FOR NECA'S SENIOR MANAGEMENT TEAM BASED ON EACH INDIVIDUAL'S PERFORMANCE DURING THECURRENT YEAR. THIS DATA IS THEN USED BY THE CEO, WITH ADVISEMENT FROM THECOMPENSATION COMMITTEE, IN SETTING COMPENSATION PACKAGES FOR THE ORGANIZATION'S OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 THE ANNUAL REPORT, WHICH INCLUDES THE FINANCIAL STATEMENTS, IS MADE AVAILABLE ON ELECTRI'S WEBSITE. THE GOVERNING DOCUMENTS AND A COPY OF ELECTRI'S CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHERS FEES: PROGRAM SERVICE EXPENSES 355,503. MANAGEMENT AND GENERAL EXPENSES 40,952. FUNDRAISING EXPENSES 7,427. TOTAL EXPENSES 403,882. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE PLEDGES -16,482. FORM 990, PART XII, LINE 2C THE AUDIT REVIEW PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR. NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION INC 1201 PENNSYLVANIA AVE NW 1200 WASHINGTON DC 20004 530115267 PROMOTE HIGHER STANDARDS, QUALITY, AND TRAINING IN THE ELECTRICAL INDUSTRY DC 501(C)(6) 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION C 250000 FMV NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION N 1638704 FMV NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION O 1169102 FMV NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION P 1820225 FMV NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION S 787404 FMV