Chief Executives Network for Manufacturing of the Capital Region Inc
Nonprofit profile at a glance
- EIN
- 141712826
- IRS 990-EZ coverage
- 2018–2022
- Forms available
- Form 990-EZ 2022
- Location
- Albany, NY, USA
- Phone
- 5184311400
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $15
- Expenses
- $66,227
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- EILEEN GUARINO (ACTING PRESIDENT & CHAIR)
People named in this filing
- EILEEN GUARINO (ACTING PRESIDENT & CHAIR)
- PAUL DICAPRIO (TREASURER)
- CLINTON BINLEY (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Chief executives network for manufacturing of the capital region, inc. (cen)the cen is a not-for-profit member organization comprised of approximately 32 small and medium sized manufacturing businesses in the capital region. Since its inception in 1987, the cen has focused on providing a high quality forum for its members to discuss common issues, share knowledge, and develop best practices by drawing on the collective knowledge of its membership. Cen's mission is to provide the opportunities, information, resources, and knowledge that will assist its members in enhancing revenue and growth.
What it reported doing in 2022
The organization sponsors manufacturing related education programs in the region
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 66% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 7
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -441,413.3%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -5.2% per year; rating input score 0; 39th percentile among comparable filings
- Revenue growth: -31.4% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: -26.3% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $66K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2018 to 2022
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.