Heavy Construction Industry Promotional Fund

Organization Overview

Heavy Construction Industry Promotional Fund is located in Melville, NY. The organization was established in 1979. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Heavy Construction Industry Promotional Fund 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 12/2021, Heavy Construction Industry Promotional Fund generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $634.5k during the year ending 12/2021. While expenses have increased by 6.9% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOP AND INCREASE PUBLIC DEMAND SO AS TO MAINTAIN JOB OPPORTUNITIES AND CONTINUED BUSINESS ACTIVITIES

Describe the Organization's Program Activity:

Part 3 - Line 4a

PUBLIC RELATIONS-TO DEVELOP AND INCREASE PUBLIC DEMAND AS TO MAINTAIN JOB OPPORTUNITIES AND CONTINUED BUSINESS ACTIVITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Marc Herbst
Executive Director
$137,384
Sheryl Buro
Deputy Executive Director/cfo
$66,502
James Pratt III
Chairman
$0
Paul Farino
Secretary & Treasurer
$0
James Haney III
Director
$0
Jason Golden
Director
$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$1,069,457
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,069,457
Total Program Service Revenue$0
Investment income $2,155
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 $1,071,612

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