Center For Innovation In The Design And Construction Industry Foundat
- Assets
- $233.7k
- Revenue
- $217.7k
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- Data as of
- 12/2022
- EIN
- 85-4176487
Organization Overview
Center For Innovation In The Design And Construction Industry Foundat is located in San Francisco, CA. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Innovation In The Design And Construction Industry Foundat 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 12/2022, Center For Innovation In The Design And Construction Industry Foundat generated $217.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 41.3% each year . All expenses for the organization totaled $202.1k during the year ending 12/2022. While expenses have increased by 15.8% per year over the past 2 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CIDCI FOUNDATION IS A CATALYST TO IMPROVE THE BUILT ENVIRONMENT AND INSPIRE INNOVATION. WE FACILITATE THE EXCHANGE OF IDEAS, KNOWLEDGE, AND INSIGHTS TO ADDRESS CHALLENGES AND OPPORTUNITIES IN OUR INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INNOVATION LAB A 6-MODULE PROGRAM, LED BY UC BERKELEY PROFESSOR VIVEK RAO, TAUGHT PARTICIPANTS THE MINDSETS AND SKILLSETS ASSOCIATED WITH THE INNOVATION PROCESS. THE CONTENT FOR THE MODULES WAS DELIVERED ASYNCHRONOUSLY VIA GOOGLE CLASSROOM AND INCLUDED VIDEOS, READINGS, AND DISCUSSION QUESTIONS. INSTRUCTORS PROVIDED EXAMPLE PROBLEM AREAS FOR INDIVIDUALS TO WORK ON THAT GUIDED THEM THROUGH DESIGN RESEARCH, PROBLEM FRAMING, IDEA GENERATION AND SELECTION, PROTOTYPING AND TESTING.
LAUNCHED IN 2022, THE CIDCI FOUNDATION AND SHADOW VENTURES INVITED INDIVIDUALS AND TEAMS FROM UNIVERSITIES TO PRESENT RESEARCH OUTCOMES TO A "WICKED PROBLEM" WITHIN THE AEC INDUSTRY.
FALL FORUM. THREE DAYS OF FREE PROGRAMMING OF PANEL DISCUSSION ABOUT INNOVATIONS IN THE DESIGN AND CONSTRUCTION INDUSTRY; FEATURING THE LATEST FROM TECHNOLOGISTS, INNOVATIVE COMPANIES AND BUILDING OWNERS.
WEBINAR SERIES FREE BIMONTHLY WEBINARS OFFERED ON ZOOM ABOUT INNOVATION IN THE DESIGN AND CONSTRUCTION INDUSTRY. TOPICS INCLUDE INNOVATION PROCESSES; MATERIALS; LEADERSHIP OPPORTUNITIES; ROLE OF WOMEN IN CONSTRUCTION INNOVATION; ACADEMIC RESEARCH; INDUSTRIALIZED CONSTRUCTION AND MORE. SESSIONS WERE RECORDED AND PLACED ON YOUTUBE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tuyet Le Board Member | Trustee | 1 | $0 |
Larry Hillman Board Member | Trustee | 1 | $0 |
Kp Reddy Board Member | Trustee | 1 | $0 |
Kristine Kenney Board Member | Trustee | 1 | $0 |
Semiha Ergan Board Member | Trustee | 1 | $0 |
Patricia Tillman Board Member | Trustee | 1 | $0 |
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 | $217,700 |
| 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 | $217,700 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $141,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,744 |
| Advertising and promotion | $12,438 |
| Office expenses | $4,568 |
| Information technology | $7,528 |
| Royalties | $0 |
| Occupancy | $9,282 |
| Travel | $2,999 |
| 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 | $1,428 |
| All other expenses | $0 |
| Total functional expenses | $202,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $233,687 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $233,687 |
| 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 | $233,687 |
| 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 | $233,687 |