Construction Financial Management Association
- Assets
- $111.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 09/1986
- Data as of
- 03/2024
- EIN
- 22-2761605
Organization Overview
Construction Financial Management Association is located in Charlotte, NC. 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 $136.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 72.0% each year . All expenses for the organization totaled $129.6k during the year ending 03/2024. While expenses have increased by 21.3% per year over the past 4 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 |
|---|---|---|---|
Nicole Mottershead President | 4 | $0 | |
Season West Vice President | 4 | $0 | |
Kim Schearer Secretary | 2 | $0 | |
Jennifer Geis Treasurer | 4 | $0 | |
Diane Jost VP Of Community Service | 1 | $0 | |
James Liechty VP Of Education | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $125,957 |
| Membership dues | $8,494 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,486 |
| Total Revenue | $136,942 |
| 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 | $16,380 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,167 |
| Other expenses | $79,707 |
| Total expenses | $129,641 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,744 |
| Other assets | $0 |
| Total assets | $111,744 |
| Total liabilities | $61,211 |
| Net assets or fund balances | $50,533 |