Construction Financial Management Association
- Assets
- $72.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Frankfort, IL
- Founding
- 09/1986
- Data as of
- 03/2022
- EIN
- 36-3262211
Organization Overview
Construction Financial Management Association is located in Frankfort, IL. 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 $59.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $75.3k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel Dziedzic Director | 1 | $0 | |
Jen Haub Secretary | 2 | $0 | |
Jason Vanden Bosch Treasurer | 2 | $0 | |
Bill Reidinger President | 2 | $0 | |
John Metz Vice President | 2 | $0 | |
Michael Power Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,325 |
| Total Program Service Revenue | $8,325 |
| Membership dues | $20,369 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$20,630 |
| Other Revenue | $13,059 |
| Total Revenue | $59,448 |
| 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 | $22,274 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,068 |
| Total expenses | $75,342 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,641 |
| Other assets | $0 |
| Total assets | $72,641 |
| Total liabilities | $31,399 |
| Net assets or fund balances | $41,242 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Madison Area Construction Employees Trust Madison, WI | $14,097,987 | $12,322,220 |
Jensen Construction Company Group Trust Des Moines, IA | $0 | $5,222,518 |
Reilly Construction Employee Welfare Trust Ossian, IA | $251,550 | $2,905,228 |
Midwest Coalition Of Labor Credit Union Countryside, IL | $73,344,318 | $3,088,502 |
American Society Of Plumbing Engineers Rosemont, IL | $3,811,463 | $2,740,392 |
American Society For Concrete Construction St Louis, MO | $1,403,321 | $1,660,151 |
National Council Of Structural Engineers Associations Inc Chicago, IL | $1,329,006 | $1,648,844 |
Metal Construction Association Inc Chicago, IL | $2,390,316 | $1,785,067 |
Passive House Institute Us Inc Chicago, IL | $1,090,576 | $1,428,195 |
American Council Of Engineering Companies Of Indiana Inc Indianapolis, IN | $1,263,884 | $984,615 |
American Council Of Engineering Companies Of Illinois Springfield, IL | $1,287,769 | $753,746 |
Construction Benefits Audit Corp Kansas City, MO | $581,334 | $885,831 |