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Nonprofit · EIN 23-7382351

INDEPENDENT ELECTRICAL CONTRACTORS INC OF TEXAS

Also known as TEXAS STATE IEC

Tax-exempt · AUSTIN, TX 78701

Financials

$493K$554K2023$579K$564K2024
Revenue Expenses · by fiscal year end
Financials of INDEPENDENT ELECTRICAL CONTRACTORS INC OF TEXAS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$578,962$563,608$15,354$738,448$1,910$736,538
December 31, 2023990$493,142$553,916-$60,774$680,855$1,801$679,054
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$465,303
Membership dues
$465,303
Program service revenue
$17,000
Investment income
$17,517
Other revenue
$79,142

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$170,000
Salaries, compensation and benefits (total)
$250,776
Professional fundraising fees
$0
Accounting fees
$1,525
Occupancy
$77,051
Travel
$53,608
Program services (functional)
$177,671
Management and general (functional)
$385,937

Balance sheet and other

Total assets, start of year
$680,855
Total assets, end of year
$738,448
Total liabilities, end of year
$1,910
Net assets, end of year
$736,538
Publicly traded securities
$659,553
Net assets without donor restrictions
$736,538
Gross receipts
$578,962
Employees
1
Volunteers
0
Year formed
1974
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
RENEA BEASLEYEXECUTIVE DIRECTOR
Trustee or director
40$170,000$67,728
MARK HENDERSONPRESIDENT
Trustee or director, Officer
3$0$0
ROBERT WALKERSECRETARY/TREASURER
Trustee or director, Officer
3$0$0
MARK BOYERVICE PRESIDENT
Trustee or director, Officer
3$0$0
MARK MATHENYVICE PRESIDENT
Trustee or director, Officer
3$0$0
KEVIN RICHARDSONPAST PRESIDENT
Trustee or director, Officer
3$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
RENEA BEASLEYEXECUTIVE DIRECTOR
Trustee or director
40$160,000$64,840
KEVIN RICHARDSONPRESIDENT
Trustee or director, Officer
3$0$0
MARK HENDERSONVICE PRESIDENT
Trustee or director, Officer
3$0$0
MARK MATHENYVICE PRESIDENT
Trustee or director, Officer
3$0$0
MARK BOYERSECRETARY/TREASURER
Trustee or director, Officer
3$0$0
ROBERT WALKERPAST PRESIDENT
Trustee or director, Officer
3$0$0

Address and contacts

Address (IRS master file)
1005 CONGRESS AVE STE 1080, AUSTIN, TX 78701-2468
Principal officer (990 for 2024)
RENEA BEASLEY, 1005 CONGRESS SUITE 1080, AUSTIN, TX 78701
Signed the 990
RENEA BEASLEY, EXECUTIVE DIRECTOR
Phone
(512) 389-0006
Return prepared by
ERICKSON DEMEL & ASSOCIATES PLLC

Mission

TO PROTECT AND PROMOTE THE ELECTRICAL CONTRACTING INDUSTRY

990 for the year ended December 31, 2024

Program accomplishments

  • PROMOTE AND IMPROVE THE ELECTRICAL CONTRACTING INDUSTRY IN TEXAS AND WORK TO INSURE THE FAIRNESS OF LEGISLATIVE ENACTMENTS, RULES, LAWS, AND PROCEDURES IN TEXAS
    Expenses $95,764
  • PROMOTE THE TRAINING OF ELECTRICIANS IN THE STATE OF TEXAS AND IMPROVE HEALTH AND SAFE WORKING CONDITIONS OF THE ELECTRICAL CONTRACTING INDUSTRY OF TEXAS THROUGH MEETING WITH MEMBERS AND INTERACTION WITH INSURANCE CARRIERS
    Expenses $81,907

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7382351
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1976
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$738,448
Income (IRS master file)
$578,962

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$578,962$563,608$738,448XML
990December 2023$493,142$553,916$680,855XML
990December 2022$547,904$493,035$709,567IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7382351).

Questions about INDEPENDENT ELECTRICAL CONTRACTORS INC OF TEXAS

What is the EIN of INDEPENDENT ELECTRICAL CONTRACTORS INC OF TEXAS?
The employer identification number (EIN) of INDEPENDENT ELECTRICAL CONTRACTORS INC OF TEXAS is 23-7382351.
Is INDEPENDENT ELECTRICAL CONTRACTORS INC OF TEXAS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1976.
Are donations to INDEPENDENT ELECTRICAL CONTRACTORS INC OF TEXAS tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does INDEPENDENT ELECTRICAL CONTRACTORS INC OF TEXAS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INDEPENDENT ELECTRICAL CONTRACTORS INC OF TEXAS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INDEPENDENT ELECTRICAL CONTRACTORS INC OF TEXAS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of INDEPENDENT ELECTRICAL CONTRACTORS INC OF TEXAS?
The 990 for the year ended December 31, 2024 names RENEA BEASLEY.
Who are the officers and directors of INDEPENDENT ELECTRICAL CONTRACTORS INC OF TEXAS?
The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $170,000 (RENEA BEASLEY, EXECUTIVE DIRECTOR).
How much revenue does INDEPENDENT ELECTRICAL CONTRACTORS INC OF TEXAS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $578,962, expenses of $563,608 and total assets of $738,448 at year end.

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