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Independent Electrical Contractors

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

EIN: 841381513 ✦ Colorado springs, CO ✦ Designated as a 501(c)(6)

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Overview

What is Independent Electrical Contractors?

Independent Electrical Contractors, specifically the Southern Colorado Chapter, is a networking organization situated in Colorado Springs. It primarily serves as a support system for electrical contractor businesses by offering various financial and operational services. These services encompass national dues, payroll tax handling, finance charges, accounting, payroll processing, tax preparation, director perks, phone allowances, insurance coverage, and bad debt coverage. By joining this chapter, member companies can streamline their financial operations and resolve management issues, thereby strengthening their overall business operations.


Official website here: www.iecscc.org

Is Independent Electrical Contractors legitimate?

Independent Electrical Contractors is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Electrical Contractors submitted a form 990EZ, 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.


Official website here: www.iecscc.org

What is the mission statement of Independent Electrical Contractors?

The Independent Electrical Contractors, specifically the Southern Colorado Chapter, operates as a network for electrical contractors. Their primary mission is to offer support services to its member companies. These services encompass staffing solutions, assistance with financial matters such as payroll taxes, accounting, and insurance, as well as problem resolution. The organization provides services like payroll processing, tax preparation, and director allowances, among others, to its member companies.


Official website here: www.iecscc.org

Who is the CEO of Independent Electrical Contractors?

Dale Weis is the Executive Director of Independent Electrical Contractors.


Official website here: www.iecscc.org

What is the revenue of Independent Electrical Contractors?

Independent Electrical Contractors's revenue in 2022 was $157,486.


Official website here: www.iecscc.org

Who are the executives of Independent Electrical Contractors and what are their salaries?


There is 1 key member and their salary:


Dale Weis (Executive Director)
  • Compensation: $106,512
  • Related: $0
  • Other: $0


Official website here: www.iecscc.org

Where can I find the form 990EZ for Independent Electrical Contractors?

Independent Electrical Contractors's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.iecscc.org

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

Mission Statement of Independent Electrical Contractors

Independent Electrical Contractors, often abbreviated as IEC, serves as a supportive network for electrical contractor businesses in Colorado Springs. The organization's primary mission is to offer various financial services to its member companies. These services include handling national dues, payroll tax expenses, finance charges, accounting, payroll processing, tax preparation, director auto allowances, director phone allowances, director and officer insurance, and bad debt expenses. Essentially, IEC acts as a one-stop solution for the financial management needs of its member companies, providing them with a range of financial assistance and administrative support.

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Impact




October, 2024

Independent Electrical Contractors (IEC) plays a significant role in supporting the electrical contracting industry in Southern Colorado. By providing a robust network for member companies in Colorado Springs, IEC facilitates crucial services that enhance operational efficiency and financial stability.

Through its offerings, including staffing solutions and management problem resolution, IEC helps businesses navigate challenges and streamline their operations. The association’s focus on financial services—such as payroll processing, tax preparation, and accounting—empowers contractors to manage their finances more effectively, allowing them to focus on their core work in the electrical trade.

Additionally, IEC enhances community improvement efforts by fostering a collaborative environment among contractors, ensuring that knowledge and resources are shared. This collective approach not only raises the standard of electrical work in the area but also contributes to the overall economic development of Colorado Springs. By supporting its members, IEC strengthens the local economy and promotes higher industry standards, benefiting both contractors and the broader community.




This information is meant to be a general summary of Independent Electrical Contractors. 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
$157,486 (2022)
Expenses
$165,224 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $87
  • Gross Receipts: $157,486

Assets and Liabilities:

  • Total Assets: $48,892
  • Total Liabilities: $10,396
  • Net Assets: $38,496

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Organization Details

Principal Officer

Dale Weis

Main Address

2345 N Academy Blvd, Colorado Springs, CO, 80909

NTEE Category

Code: S41 - Community improvement

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