Construction Financial Management Association
- Assets
- $166.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Woodstock, GA
- Founding
- 09/1986
- Data as of
- 03/2024
- EIN
- 58-1709770
Organization Overview
Construction Financial Management Association is located in Woodstock, GA. The organization was established in 1986. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Construction Financial Management 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 03/2024, Construction Financial Management Association generated $44.2k 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 (5.7%) each year. All expenses for the organization totaled $36.8k during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDED NUMEROUS EDUCATION AND NETWORKING EVENTS TO ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Downs Treasurer | 3 | $0 | |
Jeffery Seay Director | 0 | $0 | |
Antony Sanacory Director | 0 | $0 | |
Sam Clark Director | 0 | $0 | |
Mike Kiblinger Director | 1 | $0 | |
Josh Roper President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,147 |
| Total Program Service Revenue | $0 |
| Membership dues | $23,806 |
| Investment income | $2,990 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,228 |
| Other Revenue | $0 |
| Total Revenue | $44,171 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $850 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $24,027 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $22 |
| Other expenses | $11,898 |
| Total expenses | $36,797 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $166,678 |
| Other assets | $0 |
| Total assets | $166,678 |
| Total liabilities | $0 |
| Net assets or fund balances | $166,678 |