Crsi Education And Research Foundation
- Assets
- $3.3m
- Revenue
- $231.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Schaumburg, IL
- Founding
- 05/1991
- Data as of
- 12/2023
- 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 12/2023, Crsi Education And Research Foundation generated $231.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (14.8%) each year. All expenses for the organization totaled $273.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Crsi Education And Research Foundation has awarded 11 individual grants totaling $405,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
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 |
|---|---|---|---|
Kleinhans Danielle President | OfficerTrustee | 3 | $0 |
Alwin Mary Chairman | OfficerTrustee | 1 | $0 |
Mccormick Jim Vice-Chairman | OfficerTrustee | 0.75 | $0 |
Buckley Brady G Treasurer | OfficerTrustee | 1 | $0 |
Colarusso Louis J Secretary | OfficerTrustee | 0.75 | $0 |
Bodily Lisa Director | Trustee | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $56,917 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $111,133 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $168,050 |
| Total Program Service Revenue | $0 |
| Investment income | $61,057 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,341 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $231,448 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $105,000 |
| Grants and other assistance to domestic individuals. | $49,000 |
| 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 | $14,772 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,300 |
| Advertising and promotion | $0 |
| Office expenses | $6,161 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,767 |
| 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 | $7,526 |
| All other expenses | $246 |
| Total functional expenses | $273,071 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $294,364 |
| Pledges and grants receivable | $8,905 |
| 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 | $3,026,455 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,329,724 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $42,001 |
| 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 | $2,696 |
| Total liabilities | $44,697 |
| Net assets without donor restrictions | $2,469,702 |
| Net assets with donor restrictions | $815,325 |
| 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 | $3,329,724 |
Grants Awarded
Over the last fiscal year, Crsi Education And Research Foundation has awarded $105,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CHARLES PANKOW FOUNDATION PURPOSE: TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT FOR ONE RESEARCH PROJECT. | $45,000 |
MISSOURI UNIVERSITY OF SCIENCE & TECHNOLOGY PURPOSE: TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT FOR ONE RESEARCH PROJECT. | $30,000 |
UNIVERSITY OF ILLINOIS CHICAGO PURPOSE: TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT FOR ONE RESEARCH PROJECT. | $30,000 |