Construction Institute Inc
- Assets
- $179.0k
- Revenue
- $344.6k
- Investments
- $0.0
- Employees
- 3
- Location
- East Hartford, CT
- Founding
- Data as of
- 12/2021
- EIN
- 84-3689480
Organization Overview
Construction Institute Inc is located in East Hartford, CT. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Construction Institute Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Construction Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE RESOURCES AND FORUMS FOR CROSS-INDUSTRY COLLABORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROFESSIONAL EDUCATION - DUE TO COVID-19, ALL PROFESSIONAL EDUCATION CLASSES WERE ONLINE AND ON-DEMAND. A TOTAL OF 56 COURSES WERE OFFERED. 43 USERS COMPLETED 188 COURSES.
PROGRAMS, WEBINARS & CONFERENCES - THE INSTITUTE HELD MOST PROGRAMS IN A VIRTUAL FORMAT IN 2021. THERE WERE 11 MAJOR PROGRAMS, WITH A TOTAL OF 452 ATTENDEES.
NETWORKING EVENTSTHE INSTITUTE HELD SEVERAL IN-PERSON NETWORKING EVENTS. THERE WERE 6 MAJOR NETWORKING EVENTS, WITH A TOTAL OF 320 ATTENDEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Greenwald Executive Director | OfficerTrustee | 40 | $56,375 |
Zoraida Ferguson Chair | OfficerTrustee | 5 | $0 |
Steve Blovish Vice Chair | OfficerTrustee | 1 | $0 |
Kathy Cowles Secretary | OfficerTrustee | 5 | $0 |
Kara Gruss Executive Committee | OfficerTrustee | 1 | $0 |
Melissa Ferrucci Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $139,835 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,942 |
| All other contributions, gifts, grants, and similar amounts not included above | $48,550 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $216,327 |
| Total Program Service Revenue | $128,318 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $344,645 |
| 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. | $56,375 |
| Compensation of current officers, directors, key employees. | $11,275 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $50,150 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,640 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $50 |
| Fees for services: Accounting | $1,384 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,566 |
| Advertising and promotion | $2,551 |
| Office expenses | $2,513 |
| Information technology | $16,613 |
| Royalties | $0 |
| Occupancy | $24,385 |
| Travel | $121 |
| 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 | $0 |
| Insurance | $5,696 |
| All other expenses | $4,279 |
| Total functional expenses | $240,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $175,706 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,315 |
| Accounts receivable, net | $0 |
| 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 | $179,021 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $179,021 |
| 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 | $179,021 |
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