Construction Education Foundation Inc
- Assets
- $690.7k
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Anchorage, AK
- Founding
- Data as of
- 06/2017
- EIN
- 61-1555068
Organization Overview
Construction Education Foundation Inc is located in Anchorage, AK. Construction Education Foundation Inc 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 06/2017, Construction Education Foundation Inc generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $2.3m during the year ending 06/2017. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 3 years. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
CONSTRUCTION RELATED EDUCATION AND TRAINING WITHIN THE STATE OF ALASKA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANAGE CONSTRUCTION CAREER ACADEMIES FOR HIGH SCHOOL STUDENTS AND ADULTS IN ALASKA. EACH CONSTRUCTION ACADEMY HAS BEEN ABLE TO MEET OR EXCEEDED ITS GOALS IN TRAINING AND JOB OPPORTUNITIES.
PROVIDE CONTINUING EDUCATION AND TRAINING FOR EXISTING ALASKA CONSTRUCTION WORKFORCE. THE AK-CESCL CLASS HAS SUCCESSFULLY TRAINED OVER 400 PEOPLE IN 2016-17 TO ENABLE CONTRACTORS TO COMPLY WITH DEC AND OSHA REQUIREMENTS TO HAVE A CERTIFIED STORM WATER PERSON ON THE NECESSARY JOBSITES. CQM CLASSES WERE CONDUCTED TO ENABLE CONTRACTORS TO COMPLY WITH THE CORPS OF ENGINEERS REQUIREMENTS.
SCHOLARSHIP AWARDS TO STUDENTS PURSUING CONSTRUCTION RELATED POST-SECONDARY EDUCATION TO AID THEM IN THEIR STUDIES. RELATED COURSES OF STUDIES MAY INCLUDE BUT ARE NOT LIMITED TO: ENGINEERING, CONSTRUCTION MANAGEMENT, ARCHITECTURAL & ENGINEERING TECHNOLOGY, CONSTRUCTION & DESIGN TECHNOLOGIES, ACCOUNTING, INSURANCE & BONDING, AND HUMAN RESOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Mackinnon CEO | OfficerTrustee | 5 | $40,900 |
Mike Miller Treasurer | OfficerTrustee | 0.5 | $0 |
Robby Capps Chairman | OfficerTrustee | 1 | $0 |
Brian Horschel Secretary | OfficerTrustee | 0.25 | $0 |
Sam Robert Brice Director | Trustee | 0.25 | $0 |
Jerry Walker Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,112,003 |
| Investment income | $11 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$13,855 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,297,576 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $45,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $40,900 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $174,971 |
| Pension plan accruals and contributions | $16,842 |
| Other employee benefits | $30,283 |
| Payroll taxes | $18,398 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $38,803 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $144,819 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $557 |
| Royalties | $0 |
| Occupancy | $62,753 |
| Travel | $19,619 |
| 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 | $36,621 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,349,436 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,991 |
| Savings and temporary cash investments | $366,678 |
| Pledges and grants receivable | $265,197 |
| Accounts receivable, net | $24,820 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $690,686 |
| Accounts payable and accrued expenses | $406,958 |
| 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 | $28,069 |
| Total liabilities | $435,027 |
| Net assets without donor restrictions | $255,659 |
| 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 |
| Total liabilities and net assets/fund balances | $255,659 |
Grants Awarded
Over the last fiscal year, Construction Education Foundation Inc has awarded $1,641,215 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Anchorage, AK PURPOSE: CONSTUCTION ACADEMIES - TRAINING ENTRY LEVEL POSITIONS IN CONSTRUCTION | $1,234,125 |
Fairbanks, AK PURPOSE: CONSTRUCTION ACADEMIES - TEST AND TRAIN ADULTS FOR ENTRY LEVEL POSITIONS OR APPRENTICE TRAINING | $118,500 |
KENAI PENINSULA CONSTRUCTION ACADEMY PURPOSE: CONSTUCTION ACADEMIES - TRAINING ENTRY LEVEL POSITIONS IN CONSTRUCTION | $111,590 |
Juneau, AK PURPOSE: CONSTUCTION ACADEMIES - TRAINING ENTRY LEVEL POSITIONS IN CONSTRUCTION | $87,000 |
VIGOR ALASKA PURPOSE: CONSTUCTION ACADEMIES - TRAINING ENTRY LEVEL POSITIONS IN CONSTRUCTION | $50,000 |
Bethel, AK PURPOSE: CONSTUCTION ACADEMIES - TRAINING ENTRY LEVEL POSITIONS IN CONSTRUCTION | $40,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Construction Education Foundation Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Associated General Contractors Of America Inc Anchorage, AK PURPOSE: SCHOLARSHIP AWARDS CONTRIBUTION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Washington Stem Center Seattle, WA | $144,962,083 | $51,456,581 |
Oregon Museum Of Science And Industry Portland, OR | $61,863,442 | $22,605,398 |
Community Action Of Skagit County Mount Vernon, WA | $8,445,889 | $20,193,339 |
Northwest Regional Council of SMART Everett, WA | $64,450,064 | $27,020,936 |
United Electric Co-Op Inc Heyburn, ID | $23,389,299 | $19,882,483 |
Catholic Community Services Of The Mid Willamette Valley & Central Salem, OR | $4,444,104 | $18,908,977 |
Infectious Disease Research Institute Seattle, WA | $13,563,097 | $13,342,560 |
Chief Seattle Club Seattle, WA | $37,888,241 | $27,843,318 |
Alaska Pacific University Anchorage, AK | $163,618,260 | $27,263,260 |
Goodwill Industries Of The Columbia Kennewick, WA | $46,178,517 | $29,617,613 |
Wilburforce Foundation Seattle, WA | $159,747,435 | $25,133,506 |
Rose Villa Inc Portland, OR | $178,624,912 | $20,737,089 |