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Carolinas Electrical Contractors

501(c)(6) organization Matthews, NC EIN: 56-0521364 Website

To assist and promote the collective interests of the electrical contractor, by facilitating and coordinating activities that enhance the electrical industry in the carolinas.

Key facts about Carolinas Electrical Contractors

In short: Carolinas Electrical Contractors gave $12K across 1 grant in 2025 (avg $12K), mostly in North Carolina. Source: 2025 IRS Form 990.

EIN
56-0521364
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$11,625
Grants made (2025)
1
Average grant
$11,625
Median grant
$11,625
Total assets
$987,492
Primary geography
North Carolina (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$987K

+11.9% YoY

Annual Giving

$12K

-65.2% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$12K

+4.3% YoY

How Carolinas Electrical Contractors gives

  • Giving fell 44% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Carolinas Electrical Contractors

Based on IRS filings

Carolinas Electrical Contractors is a public charity, based in Matthews, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $987K in total assets. In 2025, it awarded 1 grant totaling $12K. Net investment income was $45K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

Cities

Matthews

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K1 grant2019 2 grants2020 2 grants2021 1 grant2022 2 grants2023 3 grants2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $12K (2019) to $33K (2024). In 2025 it made 1 grant totaling $12K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Bill Boyette Fund (CEF): $12KBill Boyette Fund (CEF)$12K

The largest 2025 recipient was Bill Boyette Fund (CEF) ($12K).

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 9 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Bill Boyette Fund (CEF) Matthews, NCGeneral Support$11,625

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$987,492$882,231$888,825
Revenue$444,194$396,869$373,149
Expenses$370,056$433,496$327,079
Net Investment Income$45,308$33,102$15,691

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS July 30, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS November 4, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS November 22, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS November 10, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS August 6, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS April 12, 2025)
  7. Added Form 990 for fiscal year 2025 (received by the IRS August 5, 2026)

Leadership & Key People

Officers and directors from IRS filings

Carolinas Electrical Contractors is led by Phil Campolo, President since 2024 (on filings since 2020); 1 of 7 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Phil Campolo

    President

    2nd Vice President → 1st Vice President, 2022

    1st Vice President → President, 2024

    On filings since 2020

    No compensation reported

  • Sue Gibbs

    Executive Di

    On filings since 2024

    40 hrs/week

    $100K (2025)

  • Donnie Belk

    Treasurer

    On filings since 2019

    No compensation reported

  • Ron Hinson

    Secretary

    On filings since 2019

    No compensation reported

  • Scott Colter

    Immediate Past P

    2nd Vice President → President, 2022

    President → Immediate Past P, 2024

    On filings since 2019

    No compensation reported

  • Tom Jackson

    2nd Vice President

    President → Immediate Past P, 2020

    Immediate Past P → 2nd Vice President, 2024

    On filings since 2019

    No compensation reported

  • Michael Chapman

    1st Vice President

    2nd Vice President → 1st Vice President, 2024

    On filings since 2022

    No compensation reported

Former officers (4)
  • Former: Kendall Parker (2019–2023) — Executive Di
  • Former: Steve Fanney (2019–2023) — Immediate Past P
  • Former: Steve Colter (2020–2021) — 1st Vice President
  • Former: Jack Hargett (2019) — Immediate Past P

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Sue Gibbs — Executive Di: $100KSue GibbsExecutive Di$100K

The highest reported compensation on the 2025 filing was $100K, to Sue Gibbs (Executive Di).

Frequently asked questions about Carolinas Electrical Contractors

How much does Carolinas Electrical Contractors give each year?

Carolinas Electrical Contractors gave $12K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $33K across 3 grants.

How large is Carolinas Electrical Contractors?

Carolinas Electrical Contractors reported $987K in total assets on its 2025 IRS Form 990. Its revenue that year was $444K.

Where does Carolinas Electrical Contractors operate?

Carolinas Electrical Contractors has awarded grants in North Carolina.

What is Carolinas Electrical Contractors's EIN?

Carolinas Electrical Contractors's EIN (Employer Identification Number) is 56-0521364. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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