Form 990 for tax year 2024
Filed by NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION IOWA CHAPTER.
Totals
- Total revenue
- $1,047,922
- Total expenses
- $834,002
- Contributions and grants received
- $36,510
- Grants paid
- $22,000
- Program service revenue
- $882,161
- Investment income
- $129,251
- Other revenue
- $0
- Total assets, end of year
- $2,455,991
- Total liabilities, end of year
- $973,813
- Net assets or fund balances, end of year
- $1,482,178
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $458,778
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.
-
1f · All other contributions, gifts and grants
$36,510
-
2a · Program service revenue: MEMBERSHIP DUES
total $775,257 · related or exempt $775,257
-
2b · Program service revenue: ADMINISTRATIVE FEE
total $78,390 · related or exempt $78,390
-
2c · Program service revenue: BENEFITS FUND FEES
total $28,514 · related or exempt $28,514
-
3 · Investment income
total $33,684 · excluded $33,684
-
7a · Gross sales of assets other than inventory
securities $778,190 · other assets $44,213
-
7b · Less cost or other basis and sales expenses
securities $726,836 · other assets $0
-
7c · Gain or loss
securities $51,354 · other assets $44,213
-
7d · Net gain or loss
total $95,567 · excluded $95,567
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $22,000
-
5 · Compensation of officers, directors and key employees
total $225,041
-
7 · Other salaries and wages
total $101,906
-
8 · Pension plan contributions
total $4,460
-
9 · Other employee benefits
total $17,706
-
10 · Payroll taxes
total $21,317
-
11b · Fees: legal
total $3,784
-
11c · Fees: accounting
total $18,740
-
11d · Fees: lobbying
total $15,125
-
11f · Fees: investment management
total $9,187
-
12 · Advertising and promotion
total $19,581
-
13 · Office expenses
total $11,754
-
14 · Information technology
total $12,511
-
16 · Occupancy
total $54,318
-
17 · Travel
total $17,455
-
19 · Conferences, conventions and meetings
total $137,599
-
22 · Depreciation, depletion and amortization
total $27,539
-
23 · Insurance
total $2,258
-
24a · Other expenses: LEGISLATIVE
total $70,326
-
24b · Other expenses: THIRD PARTY ADMIN
total $20,400
-
24c · Other expenses: AUTO EXPENSE
total $11,900
-
24d · Other expenses: DUES AND SUBSCRIPTIONS
total $6,270
-
24e · All other expenses
total $2,825
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $260,080 · end of year $355,730
-
4 · Accounts receivable
beginning of year $97,550 · end of year $60,068
-
9 · Prepaid expenses and deferred charges
beginning of year $11,521 · end of year $1,905
-
10a · Land, buildings and equipment: cost or other basis
$302,613
-
10b · Land, buildings and equipment: accumulated depreciation
$179,411
-
10c · Land, buildings and equipment, net
beginning of year $56,988 · end of year $123,202
-
12 · Investments: other securities
beginning of year $907,762 · end of year $963,705
-
15 · Other assets
beginning of year $861,828 · end of year $951,381
-
17 · Accounts payable and accrued expenses
beginning of year $43,155 · end of year $19,221
-
25 · Other liabilities
beginning of year $864,408 · end of year $954,592
-
27 · Net assets without donor restrictions
beginning of year $1,121,705 · end of year $1,301,207
-
28 · Net assets with donor restrictions
beginning of year $166,461 · end of year $180,971
Mission and programs · 2024
Mission
AFFILIATION OF ELECTRICAL CONTRACTORS.
Activities or mission (Part I)
SEE FORM 990, PART III, LINE 1
-
TO ARRANGE AND PROMOTE MEETINGS, LABOR RELATIONS, TRAINING, AND INSTRUCTIONAL PROGRAMS, AND TO CONDUCT NEGOTIATIONS FOR ELECTRICAL CONTRACTORS.
Expenses $458,778 · Grants $22,000 · Revenue $882,161
As filed on the 2024 return.
Listed in Part VII
-
William ReamesWILLIAM REAMES
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Chris WellsCHRIS WELLS
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Matt HansenMATT HANSEN
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Marvin PottebaumMARVIN POTTEBAUM
GOVERNOR
- Total calculated
- $0
- Hours/week
- 2
-
Tim GeraldTIM GERALD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Andrew GentheANDREW GENTHE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Matthew BemrichMATTHEW BEMRICH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Thomas KeckTHOMAS KECK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Chris AzingerCHRIS AZINGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Matt ShaverMATT SHAVER
MEMBER AT LARGE
- Total calculated
- $0
- Hours/week
- 0.5
-
Angela BowersoxANGELA BOWERSOX
SECRETARY/MANAGER
- Total calculated
- $225,041
- From this org
- $200,000
- From related orgs
- $0
- Other
- $25,041
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $180,000
- Bonus
- $20,000
- Other
- $0
- Deferred
- $10,800
- Nontaxable benefits
- $14,241
- Filer's total
- $225,041
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 · 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
- 14 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202512879349300316
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