Overview
What is Electri International - The Foundation For Electrical Construction Inc?
Electri International - The Foundation for Electrical Construction Inc, located in Washington D.C., serves as a nonprofit organization that supports the electrical construction industry. Their primary mission involves commissioning and disseminating collaborative and innovative research, education, and technology solutions. These efforts aim to foster the future growth and prosperity of the electrical construction sector in the 21st century. By utilizing their resources, Electri International aims to stay ahead of new business and technological realities, ensuring the industry's continued success.
Official website here: www.electri.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95%, Four-Star out of Four Star rating.
Electri International - The Foundation For Electrical Construction Inc has achieved a remarkable score of 95% from Charity Navigator, indicating strong accountability and financial health. The organization boasts a fully independent board with 90% of its members being independent, showcasing its commitment to governance and oversight. Additionally, it has received full marks for its audit and oversight practices, highlighting a well-structured financial management system.
The charity demonstrates a solid program expense ratio of 66.45%, reflecting that a significant portion of its expenditures is directed towards its programs. Furthermore, it exhibits excellent fundraising efficiency, raising a considerable amount with minimal costs, which speaks to its operational effectiveness. The organization is transparent in its financial dealings, with no material diversion of assets reported and a comprehensive set of policies in place, including conflict of interest and whistleblower policies.
One area for improvement could be the program expense ratio, which, while good, suggests that there might be room for increased investment in direct programmatic activities rather than administrative costs. Nonetheless, the overall ratings indicate that Electri International operates with high integrity and effectiveness, making it a commendable choice for donors seeking to support a reliable nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Electri International - The Foundation For Electrical Construction Inc legitimate?
Electri International - The Foundation For Electrical Construction Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Electri International - The Foundation For Electrical Construction 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: $923,686
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.electri.org
What is the mission statement of Electri International - The Foundation For Electrical Construction Inc?
Electri International - The Foundation For Electrical Construction Inc's mission is to utilize its resources to initiate and disseminate collaborative, innovative research, education, and technology solutions. The primary objective is to contribute to the future growth and prosperity of the electrical construction industry. The Electri Council commissions accurate, reliable, top-quality research to support electrical contractors in their business endeavors and helps prepare the industry for the new business and technological realities of the 21st century. In essence, Electri International aims to drive advancements and progress in the electrical construction sector through its research, education, and technological initiatives.
Official website here: www.electri.org
Who is the CEO of Electri International - The Foundation For Electrical Construction Inc?
Joshua Bone is the Treasurer of Electri International - The Foundation For Electrical Construction Inc.
Official website here: www.electri.org
What is the revenue of Electri International - The Foundation For Electrical Construction Inc?
Electri International - The Foundation For Electrical Construction Inc's revenue in 2022 was $2,755,120.
Official website here: www.electri.org
Who are the executives of Electri International - The Foundation For Electrical Construction Inc and what are their salaries?
There 250 volunteers at Electri International - The Foundation For Electrical Construction Inc.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $1,018,137
- Other: $178,008
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- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $305,136
- Related: $0
- Other: $56,118
Official website here: www.electri.org
Where can I find the form 990 for Electri International - The Foundation For Electrical Construction Inc?
Electri International - The Foundation For Electrical Construction Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.electri.org
Learn more at the official website: www.electri.org
Mission Statement of Electri International - The Foundation For Electrical Construction Inc
Electri International - The Foundation For Electrical Construction Inc, through its resources, seeks to commission and disseminate collaborative and innovative research, education, and technology solutions. The primary objective of this nonprofit organization is to advance the future growth and prosperity of the electrical construction industry. By conducting accurate and reliable research, Electri International aims to support electrical contractors in their business endeavors and help prepare the industry for the new business and technology realities of the 21st century.
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Impact
July, 2024
Electri International - The Foundation For Electrical Construction Inc plays a crucial role in advancing the future growth and prosperity of the electrical construction industry through its commissioning and dissemination of collaborative and innovative research, education, and technology solutions. By supporting electrical contractors in their business efforts and preparing the industry for new business and technology realities of the 21st century, Electri International has a significant impact on shaping the landscape of the electrical construction sector. Its focus on science research further enhances its contributions to the industry's development and sustainability.
This information is meant to be a general summary of Electri International - The Foundation For Electrical Construction 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $848,033
- Gross Receipts: $8,863,685
Assets and Liabilities:
- Total Assets: $28,109,445
- Total Liabilities: $1,369,528
- Net Assets: $26,739,917
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Organization Details
Founding Year
1988
Phone
(202) 991-6300Principal Officer
Joshua Bone
Main Address
1201 PENNSYLVANIA AVE NW 1200, WASHINGTON, DC, 20004
Website
www.electri.orgNTEE Category
Code: U99 - Science research
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