National Electrical Contractors Association Inc Memphis Chapter
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 503,013 | 376,328 | 126,685 | 53.9 | 41% |
| 2022 | 595,826 | 416,616 | 179,210 | 55.0 | 14% |
| 2023 | 557,385 | 453,293 | 104,092 | 49.4 | 30% |
| 2024 | 1,154,525 | 653,120 | 501,405 | 48.2 | 28% |
In its most recent public year (2024), this organization brought in $501,405 more than it spent. Its reserves stood at about 48.2 months of spending, down from 53.9 in 2021. Staff pay was 28% 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 2024. 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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