Construction Financial Management Association
- Assets
- $152.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Plymouth Meeting, PA
- Founding
- 09/1989
- Data as of
- 03/2022
- EIN
- 23-2539799
Organization Overview
Construction Financial Management Association is located in Plymouth Meeting, PA. The organization was established in 1989. 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 03/2022, Construction Financial Management Association generated $35.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $46.8k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE EDUCATIONAL PROGRAMS, NETWORKING EVENTS, AND SEMINARS TO MEMBERS ON VARIOUS ISSUES PERTINANT TO CONSTRUCTION FINANCIAL MANAGERS IN ACCORDANCE WITH THEIR EXEMPT PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Rosenberg Director | 1 | $0 | |
E Christopher Zaucha Director | 1 | $0 | |
Angelina Perryman Director | 1 | $0 | |
Kelly O'neill Director | 1 | $0 | |
Brea M Sinnott Director | 1 | $0 | |
Geoff Forcino Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,676 |
| Membership dues | $10,280 |
| Investment income | $28 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,175 |
| Other Revenue | $4,582 |
| Total Revenue | $35,741 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $30,821 |
| Total expenses | $46,821 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $152,089 |
| Other assets | $0 |
| Total assets | $152,089 |
| Total liabilities | $0 |
| Net assets or fund balances | $152,089 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Construction Financial Management Association Princeton, NJ | $11,734,249 | $6,816,166 |
G R Robert Construction Co Inc Usw Welfare Tr Fund Farmingdale, NJ | $3,505,634 | $4,353,086 |
Heavy Construction Industry Fund New York, NY | $24,457,135 | $4,942,939 |
Turner Construction Company Foundation Montvale, NJ | $361,662 | $2,624,047 |
Geoprofessional Business Association Rockville, MD | $1,266,896 | $1,461,071 |
Forum To Advance Minorities In Engineering Inc Wilmington, DE | $4,753,288 | $5,079,647 |
Allied Construction Industries Cincinnati, OH | $2,335,057 | $1,569,492 |
Society Of Explosives Engineers Inc Warrensville Heights, OH | $4,366,061 | $883,170 |
Construction Contractors Assn Of The Hudson Valley Inc Newburgh, NY | $1,019,153 | $947,733 |
Construction Exchange Of Buffalo Western New York Buffalo, NY | $2,118,263 | $1,098,271 |
American Council Of Engineering Companies Of Pennsylvania Harrisburg, PA | $346,690 | $701,084 |
Ohio Valley Construction Employers Council Inc Wheeling, WV | $848,101 | $619,987 |