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Nat Assoc Of Electrical Distributors Education & Research Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237028816 ✦ St louis, MO ✦ Designated as a 501(c)(3)

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Overview

What is Nat Assoc Of Electrical Distributors Education & Research Foundation Inc?

The Nat Assoc of Electrical Distributors Education & Research Foundation Inc, based in St. Louis, Missouri, serves as a vital resource for individuals involved in the electrical distribution industry. They offer a plethora of educational opportunities through their NAED Learning Center, catering to various levels of expertise, including counter sales, finance, new employee onboarding, and more. The EPEC (Electrical Products Education Course) is a significant part of their training, boasting over 13,745 graduates to date. Additionally, they provide research tools for distributors, manufacturers, and their customers, covering areas such as benchmarking, profitability, energy/sustainability, and technology. Their mission is to equip the electrical distribution industry with the necessary information and training products, ultimately enhancing their effectiveness in the market.


Official website here: www.naed.org

Is Nat Assoc Of Electrical Distributors Education & Research Foundation Inc legitimate?

Nat Assoc Of Electrical Distributors Education & Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nat Assoc Of Electrical Distributors Education & Research Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $194,935
Professional Fundraising Fees: $313,942
Other Salaries and Wages: $824,033

For more financial information, click here


Official website here: www.naed.org

What is the mission statement of Nat Assoc Of Electrical Distributors Education & Research Foundation Inc?

The Nat Assoc of Electrical Distributors Education & Research Foundation Inc is dedicated to providing valuable information and training resources for electrical distributors, manufacturers, and their customers. Their mission, in essence, is to create an effective channel to the market by offering a variety of educational opportunities. Through their NAED Learning Center, they provide seminars and curriculums on topics such as counter sales, finance, new employee onboarding, and sales and purchasing. Additionally, the Electrical Products Education Course (EPEC) has trained over 13,745 individuals, serving as the cornerstone of sales and product training in the industry. Furthermore, the foundation offers research tools to help with benchmarking, profitability, energy/sustainability, HR/talent, legal, sales/marketing, and technology matters.


Official website here: www.naed.org

Who is the CEO of Nat Assoc Of Electrical Distributors Education & Research Foundation Inc?

James W Smith is the CEO of Nat Assoc Of Electrical Distributors Education & Research Foundation Inc The CEO's salary of Nat Assoc Of Electrical Distributors Education & Research Foundation Inc is $0 and their total compensation is $0.


Official website here: www.naed.org

What is the revenue of Nat Assoc Of Electrical Distributors Education & Research Foundation Inc?

Nat Assoc Of Electrical Distributors Education & Research Foundation Inc's revenue in 2024 was $6,383,007.


Official website here: www.naed.org

Who are the executives of Nat Assoc Of Electrical Distributors Education & Research Foundation Inc and what are their salaries?

There 42 volunteers at Nat Assoc Of Electrical Distributors Education & Research Foundation Inc.

Here are 14 key members and their salaries (Nat Assoc Of Electrical Distributors Education & Research Foundation Inc's CEO's salary is $0 and their total compensation is $0):


James W Smith (Naed President & Ceo (Eff. 2/24))
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Hale (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Waring (Chair-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Krizan (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Stein (Former Past Chair (Thru 05/24))
  • Compensation: $0
  • Related: $0
  • Other: $0
Micah Carlton (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fariyal Khanbabi (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Montanari (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Tuggle (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Witham (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Mcnamara (Sr. Vp/Nerf Exec. Director)
  • Compensation: $0
  • Related: $351,296
  • Other: $25,096
Ed Orlet (Interim Naed Ceo (Thru 2/24)/Sr Vp)
  • Compensation: $0
  • Related: $331,524
  • Other: $34,591
Tim Dencker (Vp Finance/Treasurer (Thru 1/24))
  • Compensation: $0
  • Related: $316,034
  • Other: $8,342
Ian Reynolds (Gen. Legal Counsel/Secy (Thru 4/24))
  • Compensation: $0
  • Related: $220,492
  • Other: $23,809


Official website here: www.naed.org

Where can I find the form 990 for Nat Assoc Of Electrical Distributors Education & Research Foundation Inc?

Nat Assoc Of Electrical Distributors Education & Research Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.naed.org

Learn more at the official website: www.naed.org

Mission Statement of Nat Assoc Of Electrical Distributors Education & Research Foundation Inc

The Nat Assoc Of Electrical Distributors Education & Research Foundation Inc is committed to providing informative and educational resources for electrical distributors, manufacturers, and their customers. Its mission is to create an effective channel to the market for these entities by offering a variety of training products. Through the NAED Learning Center, the foundation offers seminars and curriculums covering various aspects of the electrical distribution industry, including counter sales, finance/credit, new employee onboarding, inside/outside sales, purchasing, and warehousing. The EPEC (Electrical Products Education Course) is a significant component of this training, with over 13,745 graduates to date, serving as a cornerstone for sales and product training in the industry. Furthermore, the foundation provides research tools for its members, covering various topics such as benchmarking, profitability, energy/sustainability, HR/talent, legal, sales/marketing, and technology.

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Impact




October, 2024

The Nat Assoc Of Electrical Distributors Education & Research Foundation Inc plays a crucial role in enhancing the electrical distribution industry through its comprehensive educational initiatives and research tools. By offering various training opportunities tailored for distributors, manufacturers, and their clients, the foundation equips individuals with essential skills and knowledge necessary for success in the industry.

The NAED Learning Center provides a diverse range of industry seminars and curriculums, covering areas such as counter sales, finance, new employee onboarding, and purchasing. This equips professionals at different stages of their careers with the expertise needed to thrive in a competitive market. The cornerstone of this educational offering is the Electrical Products Education Course (EPEC), which has successfully graduated over 13,700 individuals, serving as a vital foundation for sales and product training.

Additionally, the foundation emphasizes research, offering valuable tools such as benchmarking, profitability analysis, and insights into sales, marketing, energy, and sustainability. This research supports organizations in making informed business decisions, ultimately benefiting the entire electrical distribution sector. By fostering education and providing critical resources, the foundation significantly contributes to the growth and improvement of the community connected to the electrical distribution industry.




This information is meant to be a general summary of Nat Assoc Of Electrical Distributors Education & Research Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,383,007 (2024)
Expenses
$2,959,274 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $378,816
  • Program Service Revenue: $2,069,406
  • Gross Receipts: $7,924,527

Assets and Liabilities:

  • Total Assets: $19,969,630
  • Total Liabilities: $457,539
  • Net Assets: $19,512,091

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EPEC/EDGE

Revenue

$1,171,496

LEARNING MGMT SYSTEM

Revenue

$519,323

SEMINARS

Revenue

$378,587

Organization Details

Founding Year

1969

Principal Officer

Michelle Mcnamara

NTEE Category

Code: S11 - Community improvement

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