Construction Financial Management Association is located in Archbold, OH. 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 $56.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $50.6k during the year ending 03/2024. While expenses have increased by 4.1% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
ACTIVITIES SPONSORED IN WHOLE OR IN PART BY THE NW OHIO CFMA OVER THE YEAR TO PROMOTE EDUCATION AND NETWORKING TO TODAY'S CONSTRUCTION AND FINANCIAL MANAGERS OF NW OHIO.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Nemith President | 1 | $0 | |
Lori Miller Secretary | 1 | $0 | |
Terry Moore Treasurer | 1 | $0 | |
Ryan Leininger Programs Chair | 1 | $0 | |
Chris Kaspar Membership Chair | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,493 |
| Membership dues | $10,270 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $38,482 |
| Other Revenue | $3,916 |
| Total Revenue | $56,161 |
| 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 | $6,204 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $775 |
| Other expenses | $19,629 |
| Total expenses | $50,608 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $104,982 |
| Other assets | $0 |
| Total assets | $104,982 |
| Total liabilities | $600 |
| Net assets or fund balances | $104,382 |