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Construction Specifications Institute Foundation Inc

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

EIN: 753090752 ✦ Alexandria, VA ✦ Designated as a 501(c)(3)

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Overview

What is Construction Specifications Institute Foundation Inc?

Construction Specifications Institute Foundation Inc, based in Alexandria, Virginia, is a nonprofit organization with a focus on continuing education, research, and development in the field of building construction. Their mission is to conduct research and provide education to improve the lifecycle of the building environment. This includes offering special recognition and scholarship programs. The Foundation's activities are geared towards enhancing the understanding and application of construction processes, thereby contributing to the overall quality and efficiency of the built environment.


Official website here: www.csinet.org & www.csiresources.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 66%, Two-Star out of Four Star rating.

The Construction Specifications Institute Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and transparency. The organization demonstrates strong governance practices with a fully independent board and effective policies such as conflict of interest and whistleblower protections. However, the foundation's program expense ratio is notably low at 25.64%, which may reflect limited funds allocated towards its programs compared to administrative costs.

Financial health indicators show a liabilities to assets ratio of 58.31%, suggesting a manageable level of debt relative to its assets. While the foundation adheres to several best practices in governance and financial transparency, the low program expense ratio raises concerns about the effectiveness of its operations in fulfilling its mission.

Overall, the organization has strengths in governance and policy adherence but faces challenges in optimizing its expenditures towards programmatic efforts. This may affect its ability to achieve broader impact within its community.


This AI summary has been generated from information found on Charity Navigator.

Is Construction Specifications Institute Foundation Inc legitimate?

Construction Specifications Institute Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Construction Specifications Institute 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: $1,203

For more financial information, click here


Official website here: www.csinet.org & www.csiresources.org

What is the mission statement of Construction Specifications Institute Foundation Inc?

The Construction Specifications Institute Foundation Inc is dedicated to carrying out research and offering education, focusing on enhancing the lifecycle of the building environment. The primary objective of the foundation is to conduct thorough research and provide educational resources in the field of process improvement for building lifecycles. The organization offers a variety of continuing education programs, both online and live, to promote learning and development in this area. Additionally, the foundation engages in research and development activities and offers special recognition and scholarship programs to support individuals in the field.


Official website here: www.csinet.org & www.csiresources.org

Who is the CEO of Construction Specifications Institute Foundation Inc?

Mark Dorsey is the Chair of Construction Specifications Institute Foundation Inc. The CEO's salary of Construction Specifications Institute Foundation Inc is $0 and their total compensation is $376,474.


Official website here: www.csinet.org & www.csiresources.org

What is the revenue of Construction Specifications Institute Foundation Inc?

Construction Specifications Institute Foundation Inc's revenue in 2022 was $31,468.


Official website here: www.csinet.org & www.csiresources.org

Who are the executives of Construction Specifications Institute Foundation Inc and what are their salaries?

There 20 volunteers at Construction Specifications Institute Foundation Inc.


Here are 8 key members and their salaries (Construction Specifications Institute Foundation Inc's CEO's salary is $0 and their total compensation is $376,474):


Ronald Geren (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Dubois (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monique Birault (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William A Hayward Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Keith West (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Anetrella (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Dorsey (Chief Executive Officer)
  • Compensation: $0
  • Related: $336,914
  • Other: $39,560
Velma Hart (Chief Operating Officer)
  • Compensation: $0
  • Related: $217,541
  • Other: $17,601


Official website here: www.csinet.org & www.csiresources.org

Where can I find the form 990 for Construction Specifications Institute Foundation Inc?

Construction Specifications Institute Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.csinet.org & www.csiresources.org

Learn more at the official website: www.csinet.org & www.csiresources.org

Mission Statement of Construction Specifications Institute Foundation Inc

Construction Specifications Institute Foundation Inc is committed to advancing the lifecycle of the building environment through research and education. The organization's mission is to conduct in-depth studies and provide educational resources in the field of process improvement within this domain. By focusing on research and education, the Construction Specifications Institute Foundation Inc aims to contribute significantly to the betterment of the building environment, ultimately promoting sustainability and efficiency in construction projects. The foundation carries out its mission through various programs, including live and online continuing education, research and development initiatives, and special recognition and scholarship programs. These activities serve to equip professionals in the construction industry with the latest knowledge and skills, thereby enhancing the overall quality and longevity of built environments.

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Impact




August, 2024

Construction Specifications Institute Foundation Inc's impact lies in conducting research and providing education to improve the lifecycle of the building environment. Through live and online continuing education, research and development, and special recognition and scholarship programs, the foundation contributes to advancing the construction industry. Their focus on process improvement in the building environment benefits the housing sector and promotes innovation and sustainability within the industry.




This information is meant to be a general summary of Construction Specifications Institute 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.

Revenue
$31,468 (2022)
Expenses
$132,581 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,677
  • Gross Receipts: $31,468

Assets and Liabilities:

  • Total Assets: $811,401
  • Total Liabilities: $442,371
  • Net Assets: $369,030

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Organization Details

Founding Year

2003

Principal Officer

Mark Dorsey

Main Address

123 N PITT STREET 450, ALEXANDRIA, VA, 223143133

NTEE Category

Code: L05 - Housing

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