Construction Financial Management Association
- Assets
- $135.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Heath, TX
- Founding
- 09/1986
- Data as of
- 03/2024
- EIN
- 75-2010420
Organization Overview
Construction Financial Management Association is located in Heath, TX. 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 $118.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $104.8k during the year ending 03/2024. While expenses have increased by 6.5% per year over the past 9 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leno Ho Director | 3 | $0 | |
Zachary Miller Vice President | 3 | $0 | |
Brad Anderson Director | 3 | $0 | |
Frank Cinatl Director | 3 | $0 | |
Kyrah Coker Director | 3 | $0 | |
Melissa Rutledge Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,429 |
| Total Program Service Revenue | $41,044 |
| Membership dues | $50,700 |
| Investment income | $1,148 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $32 |
| Other Revenue | $4,590 |
| Total Revenue | $118,943 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $15,878 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $82,901 |
| Total expenses | $104,779 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $135,040 |
| Other assets | $0 |
| Total assets | $135,040 |
| Total liabilities | $0 |
| Net assets or fund balances | $135,040 |