Overview
What is Concrete Advancement Foundation Inc?
Concrete Advancement Foundation Inc, located at 66 CANAL CENTER PLAZA 250, Alexandria, VA 22314, is a nonprofit organization committed to advancing and reinforcing the concrete industry. Through independent research and educational programming, the foundation aims to drive sustainable development in the field of concrete, focusing on reducing the environmental impact of production and use, and improving the durability of homes, buildings, and infrastructure. Their activities encompass three main areas: concrete materials science, building technology, and econometrics of sustainable development. The foundation's mission is to foster innovation and strengthen the concrete industry through its research and educational initiatives.
Official website here: www.rmc-foundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88%, Three-Star out of Four Star rating
Concrete Advancement Foundation Inc has achieved a commendable rating of 88% from Charity Navigator, indicating a solid level of accountability and financial health. The organization boasts a fully independent board, which is vital for governance and oversight, and demonstrates strong financial management, as evidenced by a high program expense ratio of nearly 90%.
The foundation has several strengths, including a thorough audit and oversight committee and an excellent liabilities to assets ratio. However, there are notable weaknesses, particularly the absence of key policies such as a whistleblower policy and a document retention policy, which are essential for transparency and risk management. Additionally, the nonprofit's tax form is not posted on its website, which could limit public access to important financial information.
Overall, while Concrete Advancement Foundation Inc performs well in several accountability metrics, the lack of certain governance documents suggests areas for improvement that could enhance its transparency and trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Concrete Advancement Foundation Inc legitimate?
Concrete Advancement Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concrete Advancement 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: $299,542
Professional Fundraising Fees: $0
Other Salaries and Wages: $142,274
For more financial information, click here
Official website here: www.rmc-foundation.org
What is the mission statement of Concrete Advancement Foundation Inc?
The Concrete Advancement Foundation Inc is committed to enhancing and strengthening the concrete industry. It achieves this goal through independent research and high-quality education programming. The foundation's mission is to bring together stakeholders from various sectors to develop breakthroughs in concrete production and use, with a focus on sustainability and durability. This is achieved by conducting research to reduce the environmental impact of concrete production and develop tools to aid infrastructure decision-making, considering factors such as life-cycle cost and hazard resistance. The research at the foundation is organized around three key areas: concrete materials science, building technology, and the econometrics of sustainable development.
Official website here: www.rmc-foundation.org
Who is the CEO of Concrete Advancement Foundation Inc?
Julie Garbini is the Executive Dir. of Concrete Advancement Foundation Inc.
Official website here: www.rmc-foundation.org
What is the revenue of Concrete Advancement Foundation Inc?
Concrete Advancement Foundation Inc's revenue in 2022 was $2,022,609.
Official website here: www.rmc-foundation.org
Who are the executives of Concrete Advancement Foundation Inc and what are their salaries?
Here are 30 key members and their salaries:
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Official website here: www.rmc-foundation.org
Where can I find the form 990 for Concrete Advancement Foundation Inc?
Concrete Advancement Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rmc-foundation.org
Learn more at the official website: www.rmc-foundation.org
Mission Statement of Concrete Advancement Foundation Inc
The Concrete Advancement Foundation Inc is committed to enhancing and strengthening the concrete industry through independent research and high-quality education programming. This mission is achieved by bringing together experts from academia, industry, and government to develop innovative solutions using a holistic approach. The goal is to create sustainable and durable homes, buildings, and infrastructure that can withstand demanding environments. This is accomplished by conducting research to reduce the environmental impact of producing and using concrete, as well as developing tools to support infrastructure decisions, considering factors such as life-cycle cost and hazard resistance. The Foundation's research is organized around three focus areas: concrete materials science, building technology, and the econometrics of sustainable development.
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Impact
July, 2024
The Concrete Advancement Foundation Inc is making a significant impact in enhancing and strengthening the concrete industry through independent research and quality education programming. One of their key initiatives is the Massachusetts Institute of Technology Concrete Sustainability Hub (MIT CSHub), which brings together leaders from academia, industry, and government to develop breakthroughs for durable and sustainable homes, buildings, and infrastructure in demanding environments.
Through research focused on concrete materials science, building technology, and the econometrics of sustainable development, the Foundation is working towards reducing the environmental impact of producing and using concrete. By developing tools to support infrastructure decisions based on life-cycle environmental assessments, cost considerations, and hazard resistance, they are driving innovation and sustainability within the industry. The Foundation's commitment to science research is evident in their mission to achieve sustainable and durable structures for the future.
This information is meant to be a general summary of Concrete Advancement 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 2022.
- Investment Income: $1,793,073
- Gross Receipts: $13,232,462
Assets and Liabilities:
- Total Assets: $24,289,355
- Total Liabilities: $195,653
- Net Assets: $24,093,702
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Organization Details
Founding Year
1990
Phone
(703) 706-4800Principal Officer
Julie Garbini
Main Address
66 CANAL CENTER PLAZA 250, ALEXANDRIA, VA, 22314
Website
www.rmc-foundation.orgNTEE Category
Code: U33Z - Science research
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