CONSTRUCTION ADVANCEMENT PROGRAM OF CENTRAL IN INC

EIN: 311212701

INDIANAPOLIS, IN

Total Revenue
$1,095,855
Total Expenses
$1,093,950
Total Assets
$2,981,304
Net Assets
$2,981,304
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
IN
Principal Officer
MITCH DAVISON
Phone
3179817833
Tax Period
2024-01-01 to 2024-12-31

CONSTRUCTION ADVANCEMENT PROGRAM OF CENTRAL IN INC, founded in 1987, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Net assets of $3.0M represent 33 months of operating reserves.

Mission

TO PROMOTE THE COMMON BUSINESS INTERESTS OF THE CONSTRUCTION INDUSTRY IN THE STATE OF INDIANA.

Program Service Accomplishments

Program 1

PROGRAMS ARE IN CONJUNCTION WITH ASSOCIATED GENERAL CONTRACTORS OF INDIANA, INC. TO EDUCATE AND ASSIST CONTRACTORS WITH LEGAL, SAFETY, AND TECHNICAL MATTERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,036,550
Investment Income $59,305
Other Revenue $0
TOTAL REVENUE $1,095,855

Expense Breakdown

Grants Paid $900,000
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $193,950
TOTAL EXPENSES $1,093,950

Year-over-Year Comparison

2024 2023 Change
Revenue $1,095,855 $938,450 +0.2%
Expenses $1,093,950 $707,346 +0.5%
Net Income $1,905 $231,104 -1.0%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
16

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF CHANDLER PRESIDENT 1.00
Officer Director
$0 $0 $0
MITCH DAVISON VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
CLAYTON FORCE TREASURER 1.00
Officer Director
$0 $0 $0
JEFF HAGERMAN SECRETARY 1.00
Officer Director
$0 $0 $0
BRUCE CARTER PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
BRAD DENO BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN DETTMAN BOARD MEMBER 1.00
Director
$0 $0 $0
GREG FULLER BOARD MEMBER 1.00
Director
$0 $0 $0
DAN KILGORE BOARD MEMBER 1.00
Director
$0 $0 $0
DAN LOWE BOARD MEMBER 1.00
Director
$0 $0 $0
ROB MUTZL BOARD MEMBER 1.00
Director
$0 $0 $0
ED PEARSON BOARD MEMBER 1.00
Director
$0 $0 $0
LARRY WEIGAND BOARD MEMBER 1.00
Director
$0 $0 $0
TIM WHICKER BOARD MEMBER 1.00
Director
$0 $0 $0
JON GILMORE BOARD MEMBER 1.00
Director
$0 $0 $0
TOM GEHRLICH BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,095,855 $1,093,950 $2,981,304 $1,905
2023 $938,450 $707,346 $2,964,381 $231,104
2022 $770,805 $635,402 $2,733,277 $135,403
2021 $720,783 $405,725 $2,597,874 $315,058
2020 $802,703 $406,116 $2,282,816 $396,587
2019 $795,963 $506,263 $1,886,229 $289,700
2018 $759,800 $476,676 $1,596,529 $283,124
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