Concrete Foundation Association is located in Mount Vernon, IA. The organization was established in 1978. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Concrete Foundation 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 06/2021, Concrete Foundation Association generated $427.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $409.2k during the year ending 06/2021. While expenses have increased by 0.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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 PROVIDE PROMOTIONAL MATERIALS, EDUCATIONAL SEMINARS, NETWORKING OPPORTUNITIES, AND TECHNICAL AND INFORMATIVE MEETINGS FOR ITS MEMBERS, CONTRACTORS IN THE RESIDENTIAL CONCRETE FOUNDATION INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PUBLISHES NEWSLETTERS AND OTHER TECHNICAL PUBLICATIONS AND SPONSORS CONFERENCES AND MEETINGS TO EDUCATE AND ASSIST MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ken Kurszewski Treasurer | OfficerTrustee | 0.5 | $0 |
Jason Ells Vice President | OfficerTrustee | 0.5 | $0 |
Sean Smith Secretary | OfficerTrustee | 0.5 | $0 |
Doug Herbert President | OfficerTrustee | 0.5 | $0 |
Phillip Marone Chairman | OfficerTrustee | 0.5 | $0 |
Jim Baty Executive Dir. | Officer | 30 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $202,567 |
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 | $202,567 |
Total Program Service Revenue | $224,149 |
Investment income | $980 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $427,696 |
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. | $272,098 |
Compensation of current officers, directors, key employees. | $272,098 |
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 | $790 |
Fees for services: Accounting | $2,930 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $8,928 |
Office expenses | $8,295 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $60,967 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $307 |
Insurance | $2,073 |
All other expenses | $0 |
Total functional expenses | $409,178 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $165,625 |
Savings and temporary cash investments | $96,848 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $86,355 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $4,294 |
Prepaid expenses and deferred charges | $17,745 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $370,867 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $213,560 |
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 | $0 |
Total liabilities | $213,560 |
Net assets without donor restrictions | $157,307 |
Net assets with donor restrictions | $0 |
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 | $370,867 |
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Otto Bremer Trust St Paul, MN | $1,543,197,073 | $135,875,116 |
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Fulk Family Foundation Inc Chicago, IL | $111,507,856 | $5,187,231 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
Grainger Foundation Inc Lake Forest, IL | $184,158,239 | $17,016,007 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Zell Family Foundation Chicago, IL | $0 | $76,843,080 |
The Richard M Schulze Family Foundation Minneapolis, MN | $250,424,427 | $45,882,285 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Fred C And Katherine B Andersen Foundation Bayport, MN | $1,210,701,778 | $63,445,932 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |