Construction Industry Center Inc

Organization Overview

Construction Industry Center Inc is located in Rapid City, SD. The organization was established in 1964. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. As of 06/2022, Construction Industry Center Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Construction Industry Center Inc 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 06/2022, Construction Industry Center Inc generated $459.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $457.9k during the year ending 06/2022. While expenses have increased by 0.9% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

CONSTRUCTION INDUSTRY CENTER, INC. IS A MEMBER-OWNED NOT-FOR-PROFIT CONSTRUCTION ASSOCIATION DEDICATED TO THE BETTERMENT OF THE INDUSTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CIC BRINGS ORGANIZATION AND COHESIVENESS TO THE CONSTRUCTION INDUSTRY BY PROVIDING A CENTRAL LOCATION FOR CONTRACTORS TO FIND OPPORTUNITIES TO BID PROJECTS. WE SAVE TIME AND EFFORT FOR ARCHITECTS, ENGINEERS, GOVERNMENT AGENCIES, ETC. BY PUBLICIZING THEIR PROJECTS TO A MUCH BROADER AUDIENCE. CIC PROVIDES A LIBRARY OF BLUEPRINTS (THAT ARE AVAILABLE TO CONTRACTORS TO BE COPIED) AND ACTS AS A CENTRAL LOCATION FOR PRIME CONTRACTORS, SUBCONTRACTORS, MATERIAL SUPPLIERS, ETC. TO CONNECT TO PROVIDE FOR OPTIMAL COMPETITIVE PRICING ON A GIVEN CONSTRUCTION PROJECT. THIS BENEFITS THE INDUSTRY AND THE PUBLIC BY CONSTRUCTING BETTER BUILDINGS FOR LESS MONEY.


CIC PROVIDES INFORMATION ON COMPETITIVE BIDDING OPPORTUNITIES. CIC RESEARCHES AND COMPILES INFORMATION ON BIDDING OPPORTUNITIES (PRIVATE, PUBLIC, GOVERNMENTAL) AND DISSEMINATES IT BACK OUT TO THE MEMBERSHIP THROUGH A WEEKLY PUBLICATION. THE WEEKLY BULLETIN IS ALSO USED TO NOTIFY THE INDUSTRY OF CLASSES, SEMINARS, TRAINING, ETC. THE SD DEPARTMENT OF REVENUE UTILIZES THE CIC WEEKLY BULLETIN TO MONITOR OUT-OF-STATE FIRMS RECEIVING CONSTRUCTION CONTRACTS WITHIN THE STATE SO THEY ARE BEING MADE TO COMPLY WITH THE SAME REGULATIONS AS IN-STATE CONTRACTORS. THE OGLALA SIOUX TRIBE TERO OFFICE MAKES USE OF THE PUBLICATION TO MONITOR CONSTRUCTION PROJECTS ON THE RESERVATION FOR PROPER EMPLOYMENT PRACTICES.


RECOGNIZING THE NEED FOR A CONTINUED STRONG WORKFORCE IN THE CONSTRUCTION INDUSTRY, CIC COMMITS UP TO $6,000/YEAR IN SCHOLARSHIP MONIES TO ASSIST AND ENCOURAGE YOUNG PEOPLE IN OUR COMMUNITIES WHO HAVE CHOSEN TO STUDY A FIELD IN THE CONSTRUCTION INDUSTRY. ADDITIONALLY, CIC WORKS COOPERATIVELY WITH OTHER ORGANIZATIONS TO PROVIDE EDUCATIONAL OPPORTUNITIES IN THE CONSTRUCTION INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Beverly Wittmeier
Executive Director
$52,072
Sandi Mickley
Treasurer
$0
Brock Debaere
Vice President
$0
Chad Hilt
President-Elect
$0
Rob Danielson
President
$0
Julie Suhr
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$13,336
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$13,336
Total Program Service Revenue$442,375
Investment income $2,735
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $6,000
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$3,327
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$2,630
Miscellaneous Revenue$0
Total Revenue $459,308

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