Reciprocal Electrical Council Inc
Nonprofit profile at a glance
- EIN
- 382357789
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Macomb, MI, USA
- Phone
- 5868507055
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $84,559
- Expenses
- $87,839
- Assets
- $250,786
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- PAUL WAUG (PRESIDENT)
People named in this filing
- PAUL WAUG (PRESIDENT)
- TONY TOMASIN (1ST VICE PRE)
- PAT FALZON (2ND VICE PRE)
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
The council educates electricians in new technology and codes to maintain safety.
What it reported doing in 2024
The forum had numerous meetings throughout the year that allowed electrical inspectors to discuss mutual concerns.
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 31
- Transparency & Controls: 82
- Sustainability: 46
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 50%; rating input score 50
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -3.9%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 2.86; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 11.5% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 1.6% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: -1.7% per year; rating input score 0; 32nd percentile among comparable filings
Details
- Where the money goes: 50% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- Filing history: 13 filing years from 2010 to 2024
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 50/100.
- Moderate — Sustainability: Operating margin scored 38/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.