Overview
What is Concrete Industry Foundation Inc?
Concrete Industry Foundation Inc, based in Mineola, New York, is a nonprofit organization committed to promoting education in the fields of engineering and architecture. They offer scholarships to students pursuing associates degrees, undergraduate studies in architecture, engineering, or construction management, and postgraduate studies in engineering. Their mission is to provide financial assistance to foster learning and growth in these areas, thereby contributing to the industry's development. The organization operates under the name CO Future Tech Consultants of New York, reflecting its dedication to supporting the concrete industry's future leaders.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The Concrete Industry Foundation Inc has a solid accountability and finance score of 73, reflecting strengths in governance and asset management. Notably, the organization boasts a fully independent board with high marks for its size and conflict of interest policies, indicating a commitment to ethical oversight.
However, the foundation faces challenges in transparency, as evidenced by a low score for program expense ratio and a failure to post critical documents such as tax forms and a whistleblower policy on its website. These limitations suggest areas for improvement in operational transparency and public accountability, which are essential for fostering donor trust.
In summary, while the Concrete Industry Foundation Inc demonstrates strong governance, its overall rating highlights significant room for growth in transparency practices and financial allocation towards programs. Addressing these issues could enhance its reputation and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Concrete Industry Foundation Inc legitimate?
Concrete Industry Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concrete Industry Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Concrete Industry Foundation Inc?
The Concrete Industry Foundation Inc's mission is centered around providing education, specifically through scholarships. This foundation aims to support students in various fields related to engineering and architecture. This includes students at trade schools pursuing an associate's degree, undergraduates studying architecture, engineering, or construction management, and postgraduate students in engineering. By offering these scholarships, the Concrete Industry Foundation Inc is contributing to the education and future careers of individuals in these fields.
Who is the CEO of Concrete Industry Foundation Inc?
Carmine Attanasio is the Principal Officer of Concrete Industry Foundation Inc.
What is the revenue of Concrete Industry Foundation Inc?
Concrete Industry Foundation Inc's revenue in 2023 was $55,387.
Who are the executives of Concrete Industry Foundation Inc and what are their salaries?
There 8 volunteers at Concrete Industry Foundation Inc.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Concrete Industry Foundation Inc?
Concrete Industry Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Concrete Industry Foundation Inc
The Concrete Industry Foundation Inc, as a nonprofit organization, is dedicated to the provision of education. Its primary mission is to offer scholarships to individuals pursuing careers in fields such as engineering and architecture. This foundation extends its support to a variety of students, including those attending trade schools who are working towards an associate's degree, undergraduates studying architecture, engineering, or construction management, and postgraduate students in engineering. By providing these scholarships, the Concrete Industry Foundation Inc aims to contribute to the advancement of these fields, fostering the growth of talented individuals who will shape the future of the construction industry.
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Impact
August, 2024
Concrete Industry Foundation Inc's impact is significant in providing education scholarships for fields of engineering and architecture. By offering scholarships to students at trade schools, studying for an associate's degree, undergraduates in architecture, engineering, or construction management, and postgraduate students in engineering, the foundation is helping to support and advance the education of individuals pursuing careers in these critical fields. Through their support, Concrete Industry Foundation Inc is contributing to the development of future professionals who will play key roles in the construction and infrastructure industries, ultimately benefiting society as a whole.
This information is meant to be a general summary of Concrete Industry Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $12,935
- Gross Receipts: $120,910
Assets and Liabilities:
- Total Assets: $869,544
- Total Liabilities: $0
- Net Assets: $869,544
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Organization Details
Founding Year
1993
Phone
(917) 287-2504Principal Officer
Carmine Attanasio
Main Address
52 EAST 2ND STREET, MINEOLA, NY, 11501
NTEE Category
Code: B82Z - Education
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