Aci Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 382986800 ✦ Farmington hills, MI ✦ Designated as a 501(c)(3)

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Overview

What is Aci Foundation?

Aci Foundation, located in Farmington Hills, Michigan, is a nonprofit organization dedicated to the concrete industry. Its primary mission is to support educational, research, scientific, and charitable purposes within this field. The foundation establishes and manages monetary awards, such as scholarships, for undergraduate and graduate students studying in concrete-related fields. It recognizes and supports emerging leaders and experts in the concrete field by acknowledging their achievements. The foundation's activities align with its mission, aiming to contribute to the betterment of the concrete industry.


Official website here: www.acifoundation.org

Is Aci Foundation legitimate?

Aci Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aci Foundation 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: $291,673

For more financial information, click here


Official website here: www.acifoundation.org

What is the mission statement of Aci Foundation?

The Aci Foundation's mission is centered around supporting educational, research, scientific, and charitable purposes in the concrete industry. To achieve this, the foundation receives, administers, and expends funds for such purposes. One of its key initiatives is the establishment and management of monetary awards, or scholarships, for graduate and undergraduate students studying in concrete-related fields. The foundation also acknowledges and supports students who are emerging leaders and knowledge experts in the field of concrete, recognizing their achievements.


Official website here: www.acifoundation.org

Who is the CEO of Aci Foundation?

Ann Masek is the Trustee of Aci Foundation.


Official website here: www.acifoundation.org

What is the revenue of Aci Foundation?

Aci Foundation's revenue in 2022 was $2,102,534.


Official website here: www.acifoundation.org

Who are the executives of Aci Foundation and what are their salaries?

There 53 volunteers at Aci Foundation.


Here are 11 key members and their salaries:


Ronald Burg (Trustee)
  • Compensation: $0
  • Related: $473,692
  • Other: $53,973
Donna Halstead (Treasurer)
  • Compensation: $0
  • Related: $215,123
  • Other: $48,086
Ann Masek (Executive Director/Secretary)
  • Compensation: $0
  • Related: $156,759
  • Other: $29,215
Jeffrey Coleman (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Bracci (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antonio Nanni (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Frosch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Rushing (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Paul (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Khaled Awad (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Kesner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.acifoundation.org

Where can I find the form 990 for Aci Foundation?

Aci Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.acifoundation.org

Learn more at the official website: www.acifoundation.org

Mission Statement of Aci Foundation

The Aci Foundation, a nonprofit organization, is committed to supporting educational, research, scientific, and charitable purposes in the concrete industry. Its mission is to receive, administer, and expend funds for these purposes. One of the ways the foundation fulfills this mission is by establishing and managing monetary awards, or scholarships, for graduate and undergraduate students studying in concrete-related fields. The Aci Foundation recognizes and supports students who are emerging leaders and knowledge experts in the field of concrete. By acknowledging their achievements, the foundation encourages and fosters continued growth and innovation within the concrete industry.

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Impact




October, 2024

The Aci Foundation significantly impacts the concrete industry by supporting educational, research, scientific, and charitable initiatives. One of its prominent contributions is the establishment and management of a scholarship fund that awards monetary scholarships to graduate and undergraduate students focusing on concrete-related fields. This initiative not only helps alleviate the financial burden on students but also fosters the development of emerging leaders and knowledge experts in the concrete sector. By acknowledging and celebrating the achievements of these students, the foundation cultivates a new generation of professionals who are equipped to innovate and enhance practices within the industry. Through such efforts, the Aci Foundation plays a vital role in advancing the concrete industry's knowledge base and community improvement.




This information is meant to be a general summary of Aci Foundation. 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.

Revenue
$2,102,534 (2022)
Expenses
$1,675,760 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20,583
  • Program Service Revenue: $147,246
  • Gross Receipts: $2,505,817

Assets and Liabilities:

  • Total Assets: $4,492,201
  • Total Liabilities: $97,429
  • Net Assets: $4,394,772

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONCRETE RESEARCH

Revenue

$120,000

REGISTRATION REVENUE

Revenue

$27,246

Organization Details

Founding Year

1990

Principal Officer

Ann Masek

Main Address

38800 COUNTRY CLUB DR, FARMINGTON HILLS, MI, 48331

NTEE Category

Code: S41 - Community improvement

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