Custom Electronic Design & Installation Association
- Assets
- $40.8m
- Revenue
- $4.4m
- Investments
- $2.3m
- Employees
- 42
- Location
- Fishers, IN
- Founding
- 03/1991
- Data as of
- 12/2021
- 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 12/2021, Cedia employed 42 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 12/2021, Cedia generated $4.4m 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 (13.2%) each year. All expenses for the organization totaled $9.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 7 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
2021
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kory Dickerson Sr. VP Of Op | 40 | $278,281 | |
Giles Sutton Sr VP Indust | 40 | $277,614 | |
Tabatha O'conner Former Pres | 40 | $190,758 | |
Ian Bryant Sr Dir Strat | 40 | $162,237 | |
Samantha Ventura Sr VP Of Edu | 40 | $161,129 | |
Robert Keeler Sr Director | 40 | $153,031 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aptify Software/comput | 12/30/21 | $151,203 |
Guy Singleton Consulting Ltd Consulting | 12/30/21 | $222,901 |
Faegre Drinker Biddle & Reath Legal Services | 12/30/21 | $238,033 |
David Meyer Consulting | 12/30/21 | $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 | $4,990 |
| Noncash contributions included in lines 1a–1f | $4,990 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,990 |
| Total Program Service Revenue | $3,510,975 |
| Investment income | $642,541 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$535,909 |
| Net Gain/Loss on Asset Sales | $778,232 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,400,829 |
| 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. | $24,983 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,650,590 |
| Pension plan accruals and contributions | $60,601 |
| Other employee benefits | $283,232 |
| Payroll taxes | $278,505 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $231,722 |
| Fees for services: Accounting | $27,815 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $39,275 |
| Fees for services: Other | $391,420 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $398,903 |
| Royalties | $0 |
| Occupancy | $24,669 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $211,338 |
| Interest | $13,288 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $618,243 |
| Insurance | $93,795 |
| All other expenses | $690,478 |
| Total functional expenses | $9,338,294 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $210,996 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $118,994 |
| 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 | $234,716 |
| Net Land, buildings, and equipment | $14,821,539 |
| Investments—publicly traded securities | $23,004,630 |
| Investments—other securities | $2,277,760 |
| Investments—program-related | $0 |
| Intangible assets | $138,110 |
| Other assets | $0 |
| Total assets | $40,806,745 |
| Accounts payable and accrued expenses | $950,372 |
| Grants payable | $0 |
| Deferred revenue | $561,683 |
| 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 | $6,300,392 |
| Total liabilities | $7,812,447 |
| Net assets without donor restrictions | $32,990,998 |
| 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 | $40,806,745 |
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|---|---|---|
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American Marketing Association Inc Chicago, IL | $9,741,723 | $15,191,106 |
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