Construction Specifications Institute Inc
- Assets
- $16.8m
- Revenue
- $12.8m
- Investments
- $0.0
- Employees
- 23
- Location
- Alexandria, VA
- Founding
- 02/1950
- Data as of
- 06/2021
- EIN
- 53-0242938
Organization Overview
Construction Specifications Institute Inc is located in Alexandria, VA. The organization was established in 1950. 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 06/2021, Construction Specifications Institute Inc employed 23 individuals. This organization is the central organization for a national or regional group of organizations. Construction Specifications Institute 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 06/2021, Construction Specifications Institute Inc generated $12.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $6.1m during the year ending 06/2021. While expenses have increased by 6.5% 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 ADVANCE BUILDING INFO MGMT & EDUCATION OF PROJECT TEAMS TO IMPROVE FACILITY PERFORMANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TECHNICAL PROGRAMS: STANDARDS AND FORMATS PROVIDED TO PERSONS ENGAGED IN ANY PHASE OF WRITING, PREPARING, COMPILING, OR UTILIZING SPECIFICATIONS IN THE INDUSTRY.
EDUCATIONAL AND CERTIFICATION PROGRAMS: PROFESSIONAL DEVELOPMENT SEMINARS AND WEBINARS IN TECHNICAL, SALES, AND MANAGEMENT SKILLS. CSI ALSO CONDUCTS FOUR RIGOROUS CERTIFICATION PROGRAMS (CDT, CCS, CCCA, AND CCPR).
CONSTRUCTION SPECIFIER: PUBLICATION THAT PROVIDES TECHNICAL INFORMATION AND TOPICAL ISSUES TO THE MEMBERSHIP, PERSONS IN THE INDUSTRY, AND THE GENERAL PUBLIC AS A WHOLE.
CONVENTION: PROVIDES ACCREDITED EDUCATION, UNPARALLELED NETWORKING, AND A FULL EXHIBIT HALL FLOOR WITH THE LATEST PRODUCTS, SERVICES, AND SOLUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Dorsey Cae Fasae Chief Executive Officer | Officer | 40 | $294,043 |
Velma Hart Cae Fasae Chief Operating Officer | Officer | 40 | $225,482 |
Gregory Ceton Director Of Strategic Initiaves & Sp Projects | 40 | $130,693 | |
Matthew Switzer Sr Mgr, Mktg & Commn | 40 | $120,931 | |
Valerie Briscoe Director Of Accounting | 40 | $111,560 | |
Elizabeth Icenogle Director Component Relations | 40 | $108,571 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Silva Brand Llc Marketing | 6/29/21 | $283,929 |
Deviq Inc Marketing | 6/29/21 | $246,039 |
Access Marketing Marketing | 6/29/21 | $150,000 |
Higher Logic Hosting | 6/29/21 | $126,366 |
The Jorgensen Law Firm Pllc Legal Serevices | 6/29/21 | $114,344 |
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 | $3,550,360 |
| Investment income | $236,024 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $49,952 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,892,594 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,789,779 |
| 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. | $596,905 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,474,935 |
| Pension plan accruals and contributions | $114,734 |
| Other employee benefits | $202,075 |
| Payroll taxes | $169,661 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $110,573 |
| Fees for services: Accounting | $19,402 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $49,503 |
| Fees for services: Other | $936,900 |
| Advertising and promotion | $643,192 |
| Office expenses | $268,733 |
| Information technology | $769,924 |
| Royalties | $0 |
| Occupancy | $133,053 |
| Travel | $195,072 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $190,471 |
| Interest | $0 |
| Payments to affiliates | $106,238 |
| Depreciation, depletion, and amortization | $60,516 |
| Insurance | $39,470 |
| All other expenses | $417 |
| Total functional expenses | $6,134,706 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,986,396 |
| Savings and temporary cash investments | $878 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $386,213 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $126,451 |
| Prepaid expenses and deferred charges | $264,198 |
| Net Land, buildings, and equipment | $158,391 |
| Investments—publicly traded securities | $12,351,131 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,482,972 |
| Total assets | $16,756,630 |
| Accounts payable and accrued expenses | $936,413 |
| Grants payable | $0 |
| Deferred revenue | $1,396,139 |
| 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 | $435,722 |
| Other liabilities | $146,005 |
| Total liabilities | $2,914,279 |
| Net assets without donor restrictions | $13,842,351 |
| 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 | $16,756,630 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Construction Specifications Institute Inc has recieved totaling $260.
| Awarding Organization | Amount |
|---|---|
Associated General Contractors Of Virginia Inc Glen Allen, VA PURPOSE: GENERAL PURPOSE | $260 |
Endowment Analysis
| Beg. Balance | $80,761 |
| Earnings | $20,831 |
| Ending Balance | $101,592 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amt-The Association For Manufacturing Technology Mclean, VA | $46,538,427 | $7,983,774 |
Personal Care Products Council Washington, DC | $26,566,920 | $19,071,135 |
American Hotel & Lodging Association Directory Corporation Washington, DC | $39,158,961 | $23,973,024 |
Nashville Convention & Visitors Bureau Nashville, TN | $15,667,602 | $21,623,147 |
Responsible Business Alliance Inc Alexandria, VA | $17,217,182 | $20,384,843 |
Asis International Inc Alexandria, VA | $27,323,586 | $13,144,142 |
National Institute For Automotive Service Exellence Leesburg, VA | $25,163,895 | $18,755,834 |
International Masonry Institute Bowie, MD | $25,662,049 | $19,254,775 |
Association For Financial Professionals Inc Bethesda, MD | $30,134,135 | $15,069,162 |
Portland Cement Association Alexandria, VA | $21,852,055 | $18,216,465 |
American College Of Radiology Association Reston, VA | $28,168,186 | $16,951,008 |
Plastics Industry Association Inc Washington, DC | $19,265,703 | $12,261,158 |