Construction Education Foundation Inc
- Assets
- $690.7k
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Anchorage, AK
- Founding
- Data as of
- 06/2017
- EIN
- 61-1555068
Organization Overview
Construction Education Foundation Inc is located in Anchorage, AK. Construction Education Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2017, Construction Education Foundation Inc generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $2.3m during the year ending 06/2017. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 2 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
CONSTRUCTION RELATED EDUCATION AND TRAINING WITHIN THE STATE OF ALASKA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANAGE CONSTRUCTION CAREER ACADEMIES FOR HIGH SCHOOL STUDENTS AND ADULTS IN ALASKA. EACH CONSTRUCTION ACADEMY HAS BEEN ABLE TO MEET OR EXCEEDED ITS GOALS IN TRAINING AND JOB OPPORTUNITIES.
PROVIDE CONTINUING EDUCATION AND TRAINING FOR EXISTING ALASKA CONSTRUCTION WORKFORCE. THE AK-CESCL CLASS HAS SUCCESSFULLY TRAINED OVER 400 PEOPLE IN 2016-17 TO ENABLE CONTRACTORS TO COMPLY WITH DEC AND OSHA REQUIREMENTS TO HAVE A CERTIFIED STORM WATER PERSON ON THE NECESSARY JOBSITES. CQM CLASSES WERE CONDUCTED TO ENABLE CONTRACTORS TO COMPLY WITH THE CORPS OF ENGINEERS REQUIREMENTS.
SCHOLARSHIP AWARDS TO STUDENTS PURSUING CONSTRUCTION RELATED POST-SECONDARY EDUCATION TO AID THEM IN THEIR STUDIES. RELATED COURSES OF STUDIES MAY INCLUDE BUT ARE NOT LIMITED TO: ENGINEERING, CONSTRUCTION MANAGEMENT, ARCHITECTURAL & ENGINEERING TECHNOLOGY, CONSTRUCTION & DESIGN TECHNOLOGIES, ACCOUNTING, INSURANCE & BONDING, AND HUMAN RESOURCES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Mackinnon CEO | OfficerTrustee | 5 | $40,900 |
Robby Capps Chairman | OfficerTrustee | 1 | $0 |
Brian Horschel Secretary | OfficerTrustee | 0.25 | $0 |
Mike Miller Treasurer | OfficerTrustee | 0.5 | $0 |
Mike Swalling Director | Trustee | 0.25 | $0 |
Sam Robert Brice Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,092,001 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,002 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,112,003 |
| Total Program Service Revenue | $199,417 |
| Investment income | $11 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$13,855 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,297,576 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,641,215 |
| Grants and other assistance to domestic individuals. | $45,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $40,900 |
| Compensation of current officers, directors, key employees. | $8,180 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $174,971 |
| Pension plan accruals and contributions | $16,842 |
| Other employee benefits | $30,283 |
| Payroll taxes | $18,398 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $38,803 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $144,819 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $557 |
| Royalties | $0 |
| Occupancy | $62,753 |
| Travel | $19,619 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,621 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,349,436 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,991 |
| Savings and temporary cash investments | $366,678 |
| Pledges and grants receivable | $265,197 |
| Accounts receivable, net | $24,820 |
| 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 | $0 |
| 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 | $690,686 |
| Accounts payable and accrued expenses | $406,958 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $28,069 |
| Total liabilities | $435,027 |
| Unrestricted restricted net Assets | $255,659 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $255,659 |
Grants Awarded
Over the last fiscal year, Construction Education Foundation Inc has awarded $1,641,215 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ALASKA WORKS PARTNERSHIP PURPOSE: CONSTUCTION ACADEMIES - TRAINING ENTRY LEVEL POSITIONS IN CONSTRUCTION | $1,234,125 |
FAIRBANKS PIPELINE TRAINING CENTER PURPOSE: CONSTRUCTION ACADEMIES - TEST AND TRAIN ADULTS FOR ENTRY LEVEL POSITIONS OR APPRENTICE TRAINING | $118,500 |
YUUT ELITNAURVIAT TRAINING CENTER PURPOSE: CONSTUCTION ACADEMIES - TRAINING ENTRY LEVEL POSITIONS IN CONSTRUCTION | $40,000 |
KENAI PENINSULA CONSTRUCTION ACADEMY PURPOSE: CONSTUCTION ACADEMIES - TRAINING ENTRY LEVEL POSITIONS IN CONSTRUCTION | $111,590 |
VIGOR ALASKA PURPOSE: CONSTUCTION ACADEMIES - TRAINING ENTRY LEVEL POSITIONS IN CONSTRUCTION | $50,000 |
SOUTHEAST REGIONAL RESOURCE CENTER PURPOSE: CONSTUCTION ACADEMIES - TRAINING ENTRY LEVEL POSITIONS IN CONSTRUCTION | $87,000 |