National Electrical Contractors Assn Inc-Michigan Chapter
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 951,576 | 1,015,730 | −64,154 | 11.6 | 53% |
| 2012 | 913,110 | 1,004,296 | −91,186 | 11.8 | 54% |
| 2013 | 970,423 | 1,018,046 | −47,623 | 12.9 | 52% |
| 2014 | 1,181,546 | 1,094,837 | 86,709 | 13.3 | 52% |
| 2015 | 1,309,024 | 1,133,204 | 175,820 | 13.9 | 51% |
| 2016 | 1,264,080 | 1,124,361 | 139,719 | 16.3 | 54% |
| 2017 | 1,436,377 | 1,126,764 | 309,613 | 20.6 | 53% |
| 2018 | 1,617,026 | 1,606,763 | 10,263 | 13.4 | 53% |
| 2019 | 1,797,410 | 2,073,393 | −275,983 | 9.6 | 44% |
| 2020 | 1,775,843 | 1,584,568 | 191,275 | 14.3 | 50% |
| 2021 | 1,835,108 | 1,456,517 | 378,591 | 19.4 | 43% |
| 2022 | 1,786,472 | 1,500,464 | 286,008 | 19.5 | 38% |
| 2023 | 1,983,737 | 1,741,599 | 242,138 | 19.1 | 44% |
In its most recent public year (2023), this organization brought in $242,138 more than it spent. Its reserves stood at about 19.1 months of spending, up from 11.6 in 2011. Staff pay was 44% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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