Nonprofit · EIN 85-0330629
INDEPENDENT ELECTRICAL CONTRACTORS INC
Also known as NORTHERN NEW MEXICO IEC
Tax-exempt · ALBUQUERQUE, NM 87109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,334,096 | $1,099,426 | $234,670 | $3,964,170 | $1,399,367 | $2,564,803 |
| December 31, 2024 | 990 | $1,370,733 | $941,342 | $429,391 | $3,739,088 | $1,400,400 | $2,338,688 |
| December 31, 2023 | 990 | $1,105,566 | $1,024,569 | $80,997 | $3,379,713 | $1,470,416 | $1,909,297 |
| December 31, 2022 | 990 | $861,915 | $895,991 | -$34,076 | $2,648,635 | $820,335 | $1,828,300 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $342,749
- Program service revenue
- $991,347
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $479,545
- Salaries, compensation and benefits (total)
- $599,738
- Professional fundraising fees
- $0
- Legal fees
- $1,500
- Accounting fees
- $15,659
- Depreciation
- $68,631
- Program services (functional)
- $634,995
- Management and general (functional)
- $464,431
Balance sheet and other
- Total assets, start of year
- $3,730,533
- Total assets, end of year
- $3,964,170
- Total liabilities, end of year
- $1,399,367
- Net assets, end of year
- $2,564,803
- Land, buildings and equipment
- $2,812,501
- Net assets without donor restrictions
- $2,564,803
- Gross receipts
- $1,334,096
- Employees
- 7
- Year formed
- 1982
- State of legal domicile
- NM
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARRETT HENNESSY | EXEC DIRECTOR Trustee or director, Key employee | 40 | $101,215 |
| MATHER WALSTROM | PRESIDENT Trustee or director | 5 | $0 |
| DON ARAGON | VICE PRESIDENT Trustee or director | 1 | $0 |
| MATT HERRERA | MEMBER Trustee or director | 1 | $0 |
| DAVE CAFFREY | TREASURER Trustee or director | 1 | $0 |
| KEVIN HANNIGAN | SECRETARY Trustee or director | 1 | $0 |
| SEAN BENAVIDEZ | MEMBER Trustee or director | 1 | $0 |
| KURT FORSBERG | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATHER WALSTROM | PRESIDENT Trustee or director | 5 | $0 |
| DON ARAGON | VICE PRESIDENT Trustee or director | 1 | $0 |
| MATT HERRERA | MEMBER Trustee or director | 1 | $0 |
| DAVE CAFFREY | TREASURER Trustee or director | 1 | $0 |
| KEVIN HANNIGAN | SECRETARY Trustee or director | 1 | $0 |
| SEAN BENAVIDEZ | MEMBER Trustee or director | 1 | $0 |
| GARRETT HENNESSY | EXEC DIRECTOR Trustee or director, Key employee | 40 | $0 |
| KURT FORSBERG | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARRETT HENNESSY | EXEC DIRECTOR Trustee or director, Key employee | 40 | $99,370 |
| MATHER WALSTROM | PRESIDENT Trustee or director | 5 | $0 |
| DON ARAGON | VICE PRESIDENT Trustee or director | 1 | $0 |
| MATT HERRERA | SECRETARY Trustee or director | 1 | $0 |
| DAVE CAFFREY | TREASURER Trustee or director | 1 | $0 |
| KEVIN HANNIGAM | MEMBER Trustee or director | 1 | $0 |
| SEAN BENAVIDEZ | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2022: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARRETT HENNESSY | EXEC DIRECTOR Trustee or director, Key employee | 40 | $90,000 |
| BRYAN BUNDRANDT | PRESIDENT Trustee or director | 5 | $0 |
| DON ARAGON | VICE PRESIDENT Trustee or director | 1 | $0 |
| MATTHEW WALSTROM | TREASURER Trustee or director | 1 | $0 |
| KURT FORSBERG | MEMBER Trustee or director | 1 | $0 |
| ED HASENJAEGER | MEMBER Trustee or director | 1 | $0 |
| MATT HERRERA | MEMBER Trustee or director | 1 | $0 |
| DAVE CAFFREY | SECRETARY Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 7021 JEFFERSON NE UNIT B, ALBUQUERQUE, NM 87109-4312
- Principal officer (990 for 2025)
- GARRETT D HENNESSY, 5031 INDIAN SCHOOL NE SUITE 100, ALBUQUERQUE, NM 87110
- Signed the 990
- GARRETT D HENNESSY, EXECUTIVE DIRECTOR
- Phone
- (505) 266-6458
- Return prepared by
- SILVERS & BATZ CPAs LLC
Mission
To enhance the ind. electrical contractors success by developing a professional workforce, communicating clearly with government, promoting ethical business practices and providing leadership for the electrical industry
Program accomplishments
- Provided electrical apprentices with education and training in order to become licensed electricians, graduated 27 apprentices in 2025.Expenses $634,995
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-0330629
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,964,170
- Income (IRS master file)
- $1,334,096
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,334,096 | $1,099,426 | $3,964,170 | XML |
| 990 | December 2024 | $1,370,733 | $941,342 | $3,739,088 | XML |
| 990 | December 2023 | $1,105,566 | $1,024,569 | $3,379,713 | XML |
| 990 | December 2022 | $861,915 | $895,991 | $2,648,635 | XML |
| 990 | December 2021 | $804,195 | $792,973 | $1,927,556 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 85-0330629).
Questions about INDEPENDENT ELECTRICAL CONTRACTORS INC
- What is the EIN of INDEPENDENT ELECTRICAL CONTRACTORS INC?
- The employer identification number (EIN) of INDEPENDENT ELECTRICAL CONTRACTORS INC is 85-0330629.
- Is INDEPENDENT ELECTRICAL CONTRACTORS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1990.
- Are donations to INDEPENDENT ELECTRICAL CONTRACTORS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INDEPENDENT ELECTRICAL CONTRACTORS INC 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 due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INDEPENDENT ELECTRICAL CONTRACTORS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of INDEPENDENT ELECTRICAL CONTRACTORS INC?
- The 990 for the year ended December 31, 2025 names GARRETT D HENNESSY.
- Who are the officers and directors of INDEPENDENT ELECTRICAL CONTRACTORS INC?
- The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $101,215 (GARRETT HENNESSY, EXEC DIRECTOR).
- How much revenue does INDEPENDENT ELECTRICAL CONTRACTORS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,334,096, expenses of $1,099,426 and total assets of $3,964,170 at year end.
Other nonprofits in ALBUQUERQUE
- PRESBYTERIAN HEALTHCARE SERVICES EIN 85-0105601 · last filed 990 for 2024
- TRICORE LABORATORY SERVICES CORPORATION EIN 20-1358178 · last filed 990 for 2024
- ROADRUNNER FOOD BANK INC EIN 85-0278525 · last filed 990 for 2025
- UNIVERSITY OF NEW MEXICO FOUNDATION INCORPORATED EIN 85-0275408 · last filed 990 for 2025
- LOVELACE BIOMEDICAL RESEARCH INSTITUTE EIN 85-0110669 · last filed 990 for 2025
- TRICORE INC EIN 84-3909066 · last filed 990 for 2024
- CREDIT UNIONS IN THE STATE OF NEW MEXICO EIN 85-0102571 · last filed 990 for 2024
- HOSANNA EIN 85-0223225 · last filed 990 for 2026