Form 990 for tax year 2024
Filed by NATIONAL ELECTRICAL CONTRACTORS ASSN PUGET SOUND CHAPTER.
Totals
- Total revenue
- $1,379,578
- Total expenses
- $3,369,776
- Contributions and grants received
- $34,780
- Grants paid
- $0
- Program service revenue
- $469,783
- Investment income
- $732,163
- Other revenue
- $142,852
- Total assets, end of year
- $18,395,602
- Total liabilities, end of year
- $33,815
- Net assets or fund balances, end of year
- $18,361,787
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$12,100
-
1d · Related organizations
$22,680
-
2a · Program service revenue: ADMINISTRATIVE MAINTENENCE
total $277,200 · related or exempt $277,200
-
2b · Program service revenue: EDUCATION AND MEETINGS
total $184,620 · related or exempt $184,620
-
2c · Program service revenue: OTHER INCOME
total $37,666 · related or exempt $37,666
-
2d · Program service revenue: SERVICE REVENUE
total -$29,703 · related or exempt -$29,703
-
3 · Investment income
total $303,819 · excluded $303,819
-
6a · Gross rents
real property $235,083
-
6b · Less rental expenses
real property $92,231
-
6c · Rental income or loss
real property $142,852
-
6d · Net rental income or loss
total $142,852 · excluded $142,852
-
7a · Gross sales of assets other than inventory
securities $3,200,944
-
7b · Less cost or other basis and sales expenses
securities $2,772,600
-
7c · Gain or loss
securities $428,344
-
7d · Net gain or loss
total $428,344 · excluded $428,344
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $568,657
-
7 · Other salaries and wages
total $470,805
-
8 · Pension plan contributions
total $166,569
-
9 · Other employee benefits
total $31,600
-
10 · Payroll taxes
total $62,073
-
11b · Fees: legal
total $69,923
-
11c · Fees: accounting
total $12,555
-
11d · Fees: lobbying
total $32,480
-
11f · Fees: investment management
total $74,962
-
13 · Office expenses
total $404,226
-
14 · Information technology
total $21,933
-
16 · Occupancy
total $5,001
-
19 · Conferences, conventions and meetings
total $1,091,599
-
22 · Depreciation, depletion and amortization
total $126,116
-
23 · Insurance
total $81,277
-
24a · Other expenses: U/C CLAIMS MANAGEMENT
total $150,000
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $25,932 · end of year $300,448
-
2 · Savings and temporary cash investments
beginning of year $706,104 · end of year $510,487
-
10a · Land, buildings and equipment: cost or other basis
$4,393,077
-
10b · Land, buildings and equipment: accumulated depreciation
$760,401
-
10c · Land, buildings and equipment, net
beginning of year $3,672,130 · end of year $3,632,676
-
11 · Investments: publicly traded securities
beginning of year $15,152,680 · end of year $13,951,991
-
23 · Secured mortgages and notes payable
beginning of year $66,392 · end of year $33,006
-
25 · Other liabilities
beginning of year $1,468 · end of year $809
-
27 · Net assets without donor restrictions
beginning of year $19,488,986 · end of year $18,361,787
Mission and programs · 2024
Mission
TO PROVIDE CONTRACTORS WITH UPDATED INFORMATION CONCERNING THE ELECTRICAL CONTRACTING INDUSTY AND TO HELP IMPROVE ELECTRICAL CODES AND REGULATIONS AND TO HELP IN LABOR RELATIONS
Activities or mission (Part I)
TO PROVIDE CONTRACTORS WITH UPDATED INFORMATION CONCERNING THE ELECTRICAL CONTRACTING INDUSTRY AND TO HELP IMPROVE ELECTRICAL CODES AND REGULATION AND TO HELP IN LABOR RELATIONS
-
PROVIDE CONTRACTORS WITH UPDATED INFORMATION CONCERNING THE ELECTRICAL CONTRACTING INDUSTY AND TO HELP IMPROVE ELECTRICAL CODES AND REGULATIONS AND TO HELP IN LABOR RELATIONS
As filed on the 2024 return.
Listed in Part VII
-
Jacob BoyerJACOB BOYER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Mike HolmesMIKE HOLMES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Marv NelsonMARV NELSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Mahmood GhassemiMAHMOOD GHASSEMI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Leeann CochranLEEANN COCHRAN
GOVERNOR
- Total calculated
- $0
- Hours/week
- 5
-
Laura RichardsonLAURA RICHARDSON
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Oliver WhiteheadOLIVER WHITEHEAD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Jeff HumannJEFF HUMANN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Brad KingBRAD KING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Gloria AshfordGLORIA ASHFORD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Drew MackeyDREW MACKEY
VICE-PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Dominic BurkeDOMINIC BURKE
PRESDENT
- Total calculated
- $0
- Hours/week
- 5
-
Bruce MacKenzieBRUCE MACKENZIE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Jameson SchwetzJAMESON SCHWETZ
EXECUTIVE DIRECTOR
- Total calculated
- $360,744
- From this org
- $360,744
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $210,000
- Bonus
- $75,000
- Other
- $75,744
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $360,744
-
Barry ShermanBARRY SHERMAN
CONSULTANT
- Total calculated
- $373,312
- From this org
- $373,312
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $300,000
- Bonus
- $0
- Other
- $73,312
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $373,312
-
Judi SagerJUDI SAGER
BOOKKEEPER
- Total calculated
- $138,720
- From this org
- $138,720
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Justin ThayerJUSTIN THAYER
DIRECTOR OF SAFETY
- Total calculated
- $229,628
- From this org
- $229,628
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $161,000
- Bonus
- $16,000
- Other
- $52,628
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $229,628
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 4 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543099349304004
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