Construction Financial Management Association
- Assets
- $166.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 09/1986
- Data as of
- 03/2022
- EIN
- 22-2761607
Organization Overview
Construction Financial Management Association is located in Seattle, WA. The organization was established in 1986. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Construction Financial Management Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 03/2022, Construction Financial Management Association generated $67.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $55.8k during the year ending 03/2022. While expenses have increased by 2.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
CFMA IS A PROFESSIONAL AND SOCIAL ORGANIZATION THAT IS DEDICATED TO BEING THE COMMUNICATIONS LEADER AND PREMIER SOURCE OF EDUCATION AND INFORMATION FOR THOSE ASPECTS OF FINANCIAL MANAGEMENT UNIQUE TO THE CONSTRUCTION INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christian Geismann President | 2 | $0 | |
Jim Weber President (thru 4/21) | 2 | $0 | |
Cj Mitchell Vice President | 2 | $0 | |
Brian Joyce Treasurer | 2 | $0 | |
Kyle Ducey Secretary | 2 | $0 | |
Stuart O'farrell Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,200 |
| Total Program Service Revenue | $11,540 |
| Membership dues | $19,264 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$16,171 |
| Other Revenue | $3,540 |
| Total Revenue | $67,375 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $27,072 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,203 |
| Total expenses | $55,775 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $142,045 |
| Other assets | $0 |
| Total assets | $166,225 |
| Total liabilities | $93,130 |
| Net assets or fund balances | $73,095 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Refrigerating Engineers & Technicians Association Albany, OR | $4,151,388 | $2,984,276 |
Construction Industry Drug Free Workplace Trust Portland, OR | $2,168,480 | $1,203,523 |
Tri-City Construction Council Inc Kennewick, WA | $3,935,252 | $884,105 |
American Council Of Engineering Companies Of Washington University Place, WA | $740,304 | $825,780 |
American Council Of Engineering Companies Of Oregon Portland, OR | $493,091 | $606,858 |
Association Of Engineering Employees Of Oregon Salem, OR | $1,350,596 | $457,668 |
International Federation Of Professional & Technical Engineers Bremerton, WA | $439,033 | $201,117 |
Structural Engineers Association Of Washington Gig Harbor, WA | $132,483 | $0 |
Yakima Valley Construction Federation Yakima, WA | $209,276 | $162,422 |
Structural Engineers Association Of Oregon Inc Portland, OR | $82,850 | $107,664 |
Northwest Construction Consumer Council Bellingham, WA | $170,686 | $0 |
Professional Engineers Of Oregon Bend, OR | $155,861 | $0 |