Construction Financial Management Assoc Dba Twin Cities Chapter of Cfma

Nonprofit profile at a glance

EIN
411871451
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Roseville, MN, USA
Phone
6514891321
Rating
52
Verdict
MIXED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$64,108
Expenses
$55,928
Assets
$113,520
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • JESSE AMSINGER (VICE PRESIDENT)
  • JOHN MARKERT (VICE PRESIDENT)
  • COLLIN MAYER (VICE PRESIDENT)
  • JASON BAKKE (VICE PRESIDENT)

People named in this filing

  • JOHN KAPPHAHN (DIRECTOR)
  • JESSE AMSINGER (VICE PRESIDENT)
  • ERIC KIRSCHNER (TREASURER)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote the educational and common business interests of financial managers, executives and service providers involved in the construction industry.

What it reported doing in 2024

Cfma's twin cities chapter holds regular meetings throughout the year designed to provide the construction professional with useful and entertaining presentations on a variety of topics. General meetings take place at least eight times per year with guest speakers on general interest subjects including economic forecasts, legislative and regulatory matters, industry matters and tax planning and accounting issues for the construction industry. General meeting attendance generally ranges from 25 to 60 individuals.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 17
  • Transparency & Controls: 100
  • Sustainability: 59
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 26.5%; rating input score 27
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 12.8%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 2.03; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 9.4%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: -12.2% per year; rating input score 0; 25th percentile among comparable filings
  • Revenue growth: -1.7% per year; rating input score 0; 45th percentile among comparable filings
  • Asset growth: 4.6% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 26.5% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Financial Efficiency: Mission deployment rate scored 27/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.