Crsi Education And Research Foundation
- Assets
- $3.6m
- Revenue
- $306.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Schaumburg, IL
- Founding
- 05/1991
- Data as of
- 12/2021
- EIN
- 36-3675493
Organization Overview
Crsi Education And Research Foundation is located in Schaumburg, IL. The organization was established in 1991. According to its NTEE Classification (S19) the organization is classified as: Support N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crsi Education And Research Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Crsi Education And Research Foundation generated $306.2k 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 (15.3%) each year. All expenses for the organization totaled $245.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CRSI FOUNDATION CONTINUALLY ADVANCES THE GROWTH OF THE STEEL REINFORCED CONCRETE INDUSTRY BY INVESTING IN EDUCATION AND RESEARCH
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING OF UNDERGRADUATE AND TRADE SCHOOL SCHOLARSHIPS FOR ARCHITECTURAL AND/OR ENGINEERING STUDENTS
FUNDING OF GRADUATE LEVEL RESEARCH FELLOWSHIPS AND PROJECTS TO CARRY OUT BASIC RESEARCH NEEDED FOR THE STEEL REINFORCED CONCRETE INDUSTRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alwin Mary Treasurer | OfficerTrustee | 1 | $0 |
Lepage Keith Secretary (term'd 11/10/21) | OfficerTrustee | 0.75 | $0 |
Leib Scott Chairman | OfficerTrustee | 1 | $0 |
Kleinhans Danielle President | OfficerTrustee | 3 | $0 |
Lancial Marty Vice Chairman | OfficerTrustee | 0.75 | $0 |
Mccormick Jim Director | Trustee | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $842 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $207,219 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $208,061 |
| Total Program Service Revenue | $0 |
| Investment income | $51,158 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $46,985 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $306,204 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $105,000 |
| Grants and other assistance to domestic individuals. | $30,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,072 |
| Fees for services: Accounting | $14,423 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57,600 |
| Advertising and promotion | $0 |
| Office expenses | $7,717 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,601 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,261 |
| All other expenses | $15,397 |
| Total functional expenses | $245,071 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $472,829 |
| Pledges and grants receivable | $141,543 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,007,656 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,622,028 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $43,187 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,269 |
| Total liabilities | $44,456 |
| Net assets without donor restrictions | $2,921,179 |
| Net assets with donor restrictions | $656,393 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,622,028 |
Grants Awarded
Over the last fiscal year, Crsi Education And Research Foundation has awarded $105,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NORTH CAROLINA STATE UNIVERSITY PURPOSE: TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT FOR ONE RESEARCH PROJECT. | $30,000 |
Lawrence, KS PURPOSE: TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT FOR ONE RESEARCH PROJECT. | $30,000 |
UNIVERSITY OF TEXAS ARLINGTON PURPOSE: TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT FOR ONE RESEARCH PROJECT. | $30,000 |
Pasadena, CA PURPOSE: TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT FOR ONE RESEARCH PROJECT. | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Crsi Education And Research Foundation has recieved totaling $7,267.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $7,267 |
Endowment Analysis
| Beg. Balance | $735,669 |
| Earnings | $63,821 |
| Net Contributions | $126,438 |
| Grants | $18,000 |
| Ending Balance | $907,928 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northwest Central Indiana Community Partnerships Inc West Lafayette, IN | $12,143,513 | $4,878,239 |
Grow Greene County Gaming Corporation Jefferson, IA | $1,604,724 | $1,910,330 |
Educational Foundation Of The Mo Soc Of Cert Pub Accts Inc St Louis, MO | $355,307 | $1,392,196 |
Illinois Coalition For Community Services Springfield, IL | $268,054 | $992,624 |
Harlem Lake Marion Corp D B A Downtown Oak Park Oak Park, IL | $288,732 | $750,935 |
Indianapolis Neighborhood Resource Center Inc Indianapolis, IN | $1,122,953 | $770,097 |
Brightstar Wisconsin Foundation Inc Milwaukee, WI | $10,555,163 | $1,965,225 |
Friends Of Dugas Community Park Inc Scottsville, KY | $5,738,305 | $521,676 |
Shared Enterprise Management Inc Lafayette, IN | $5,168,519 | $342,006 |
Education Foundation Of The Ccim Institute Chicago, IL | $7,507,081 | $827,056 |
Central Appalachian Rural Investment Corporation London, KY | $174,968 | $303,826 |
Southeast Indiana Chamber Foundation Inc Lawrenceburg, IN | $4,649 | $281,343 |