Custom Electronic Design & Installation Association
- Assets
- $30.1m
- Revenue
- $7.9m
- Investments
- $3.9m
- Employees
- 39
- Location
- Fishers, IN
- Founding
- 03/1991
- Data as of
- 12/2022
- EIN
- 36-3724289
Organization Overview
Custom Electronic Design & Installation Association, operating under the name Cedia, is located in Fishers, IN. The organization was established in 1991. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Cedia employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cedia 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 12/2022, Cedia generated $7.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $9.8m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CONNECT, EMPOWER, AND CHAMPION HOME TECHNOLOGY PROFESSIONALS AND BUSINESSES THAT ENRICH OUR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A FORUM FOR THE EXCHANGE OF IDEAS AND KNOWLEDGE THROUGH EDUCATIONAL SEMINARS, CONFERENCES, MEETINGS AND PUBLICATIONS TO IMPROVE THE SMART HOME TECHNOLOGY INDUSTRY.
N/A
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Briesemeister Vice Chairperson | OfficerTrustee | 2 | $0 |
John Buchanan Director | Trustee | 2 | $0 |
Alex Capeceletro Treasurer | OfficerTrustee | 2 | $0 |
Melanie Malcolm Director | Trustee | 2 | $0 |
Albert Mizrahi Director | Trustee | 2 | $0 |
Eddie Shapiro Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Faegre Drinker Biddle & Reath Llp Legal Services | 12/30/22 | $179,657 |
Aptify Corporation Software/computer | 12/30/22 | $128,781 |
David Meyer Consulting | 12/30/22 | $124,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $8,753,077 |
| Investment income | $438,935 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$562,904 |
| Net Gain/Loss on Asset Sales | -$686,750 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,942,358 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,103,686 |
| Compensation of current officers, directors, key employees. | $292,890 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,704,017 |
| Pension plan accruals and contributions | $65,722 |
| Other employee benefits | $276,406 |
| Payroll taxes | $247,593 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $190,585 |
| Fees for services: Accounting | $32,512 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $385,877 |
| Royalties | $0 |
| Occupancy | $26,205 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $360,635 |
| Interest | $116,221 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $445,536 |
| Insurance | $85,236 |
| All other expenses | $753,078 |
| Total functional expenses | $9,815,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $290,735 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $278,396 |
| 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 | $829,069 |
| Net Land, buildings, and equipment | $13,468,319 |
| Investments—publicly traded securities | $11,327,339 |
| Investments—other securities | $3,932,691 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $30,126,549 |
| Accounts payable and accrued expenses | $710,742 |
| Grants payable | $0 |
| Deferred revenue | $502,266 |
| 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 | $1,676,472 |
| Total liabilities | $2,889,480 |
| Net assets without donor restrictions | $27,233,769 |
| Net assets with donor restrictions | $3,300 |
| 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 | $30,126,549 |