The Electrical Manufacturers Club Inc

Nonprofit profile at a glance

EIN
352056408
IRS 990 coverage
2013–2015
Forms available
Form 990 2015
Location
Coraopolis, PA, USA
Phone
4122627960
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Utilities

Official website

Reported finances

Revenue
$208,503
Expenses
$199,613
Assets
$196,512
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Michael F Connolly (President)

People named in this filing

  • Michael F Connolly (President)
  • David J FitzGibbon (Secretary)
  • Christopher B Curtis (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote the common business and regulatory interests of individuals, organizations, associations, and corporations associated with the electrical or electronic manufacturing and allied industries (the Qualified Industries - "QI"). Activities shall be designed to further the benefits of doing business and improve the working environment for such entities. EMC's purposes shall include, but not be limited to:1) providing a continuing service of information, study, research and education relating to all aspects of the QI; 2) facilitating collaboration and coordination among members of the QI and executives of firms or corporations engaged directly in the QI; 3) promoting the reputation of the QI nationally and internationally; 4) aiding in the development of the highest type of executive, management and technical personnel and attracting them to QI; 5) further developing infrastructrual support of the QI; and 6) promoting the growth and contribution of the QI throughout the world.

What it reported doing in 2015

Mission as described in Part I - 1 on page 1.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 90
  • Accountability: 6
  • Sustainability: 57
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.7%; rating input score 96
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 6th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 4.3%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 0.98; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 85; 85th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 73; 73rd percentile among comparable filings

Growth

  • Program expense growth: -21.1% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: -19.5% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -0.3% per year; rating input score 0; 38th percentile among comparable filings

Details

  • Where the money goes: 95.7% of revenue deployed · 100% of spending went to programs
  • Governance: 0 of 12 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $200K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 15 of 15 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2013 to 2015
  • 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.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 54/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.