National Association of Electrical Distributors Inc
Nonprofit profile at a glance
- EIN
- 222864272
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- St Louis, MO, USA
- Phone
- 3149919000
- Rating confidence
- Limited
Reported finances
- Revenue
- $13,219,362
- Expenses
- $12,048,896
- Assets
- $16,521,538
- Liabilities
- $3,718,988
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- JAMES W SMITH (NAED PRESIDENT & CEO)
Highest reported compensation
- JAMES W SMITH (NAED PRESIDENT & CEO): $548,793 total reported compensation
- ED ORLET (SR VP INDUSTRY & GOV RELATIONS): $458,174 total reported compensation
- MICHELLE MCNAMARA (SR. VP/NERF EXEC. DIR. (THRU 02/25)): $428,109 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The national association of electrical distributors is the voice of electrical distribution providing members with the best in tools, information, and assistance to help them thrive financially and to improve the electrical distribution channel. This is accomplished through promotion of networking, advocacy, education, and defined standards.
What it reported doing in 2024
National association of electrical distributors (naed) distributes information with respect to wholesale electrical distribution by means of digital issues available via naed's website to our over 9,000 digital subscribers.
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 83
- Accountability: 85
- Sustainability: 52
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 90%; rating input score 90; 22nd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 8.9%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 1.37; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 55; 55th percentile among comparable filings
- Officer compensation ratio: 21.8%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 2.1% per year; rating input score 100; 19th percentile among comparable filings
- Asset growth: 4.3% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 10 board members independent · 7 of 9 filing controls reported
- Programs: 2 filed program accomplishments
- Leadership: top reported pay $549K · 24 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.6M reported
- Consistency: 15 of 15 current checks pass
- Schedules: 5 filed schedules · includes executive pay and related organizations
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- High — Sustainability: Officer compensation ratio scored 3/100.
- Review — Sustainability: Liabilities to assets ratio scored 55/100.