Federated Electrical Contractors
Nonprofit profile at a glance
- EIN
- 846036157
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Pelican Lake, WI, USA
- Phone
- 2624207877
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $116,000
- Expenses
- $118,172
- Assets
- $431,639
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Frank Holleran (President)
- John Axelson (Vice President)
People named in this filing
- Rich Ledbetter (Director)
- Ed McCarty (Director)
- David Haskins (Chairman)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Federated Electrical Contractors is an international network of leading electrical contractors dedicated to safely providing our customers with the highest quality electrical and datacom services at competitive pricing, regardless of geographic location. The organization provides participating members with the sharing of best practices and direct experience among members, collaboration on operation processes and procedures, providing training on various topics such as safety, and business development opportunities and networking.
What it reported doing in 2024
Designed, sponsored, and conducted large group educational sessions (finance, operations, marketing) for owners and senior management of medium and large size electrical contractors.Designed, sponsored and conducted small group educational sessions for safety, purchasing, technology, project management and other various topics for employees of the member companies.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 21
- Transparency & Controls: 82
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 20.6%; rating input score 21
- Program expense ratio: 20.2%; rating input score 20
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -1.9%; rating input score 28; 28th percentile among comparable filings
- Total-asset coverage ratio: 3.65; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 52.7%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: 17% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 13.1% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 14.3% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 20.6% of revenue deployed · 20.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $24K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 21/100.
- High — Financial Efficiency: Program expense ratio scored 20/100.
- High — Sustainability: Operating margin scored 28/100.
- High — Sustainability: Officer compensation ratio scored 4/100.