Cogence INC FY2024 filing

Not tax-deductible

Lakewood, OH501(c)(6)Community DevelopmentEIN 47-5292260Revenue $224K in FY2024

On file with the IRScogence.orgPo Box 770373, 44107-0023 · Lakewood, OHTax-exempt since Feb 2016

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The purpose of Cogence Alliance is to bring owners and developers, architects and engineers, construction managers and contractors, and affiliated industry professionals together to advocate and be a resource for improved project delivery.

Mission: Form 990 Part I, line 1

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 13 voting members
Concern: none of 13 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$224K
+54% vs prior year
Spent
$241K
To programs
0%
Net assets
$55K
By yearFY2021–FY2025
Revenue
$224K
FY2024▲ +54%
Tap a bar for its year
Revenue by fiscal year
FY2021$84K
FY2022$128K
FY2023$145K
FY2024$224K
FY2025$195K
Net assets
$55K
FY2024▼ -24%
Tap a bar for its year
Net assets by fiscal year
FY2021$110K
FY2022$90K
FY2023$73K
FY2024$55K
FY2025$72K

From the FY2024 Form 990 (year ending October 2024) · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

13 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Chair, Programs Committee
$0Pt VII · Sec A
Chair, Diversity Committee
$0Pt VII · Sec A
At Large
$0Pt VII · Sec A
$0Pt VII · Sec A
At Large
$0Pt VII · Sec A
At Large
$0Pt VII · Sec A
Chair, Northwest Ohio Chapter
$0Pt VII · Sec A
Chair, Central Ohio Chapter
$0Pt VII · Sec A

Kevin Thompson’s $85K as Executive Director is at the 61st percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Cogence INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Unites industry professionals to advocate for and improve project delivery.

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Provided by the organization

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3 programs · $98K · in their own filed words · FY2023
01

The Cogence Town Hall is a 2-day bi-annual conference providing education and networking opportunities for approximately 150 members of the organizations and their guests.

$68Kprogram expense
02

Clay shoot networking and team building event for approximately 100 members.

$20Kprogram expense
03

Roundtables for members to meet and discuss the latest issues impacting the construction industry and project delivery.

$9Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$224K
Ln 12
Gifts and grantsLn 1h$114K
Fees for servicesLn 2g$107K
Investment incomeLn 3$3K
Money outPt IX
$241K
Ln 25
Owns and owesPt X
$55K
net assets · Ln 32
Cash and savingsLn 1–2$55K
Total assetsLn 16$55K
LiabilitiesLn 26$0
PeoplePt VI, VII
13
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$114K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$107K
Investment incomeLn 3$3K
Total revenueLn 12$224K
Assets in detailPt X, end of year
CashLn 1$2K
SavingsLn 2$53K
Cash and savings togetherLn 1–2$55K
InvestmentsLn 11–13$0
Other assetsLn 15$0
Total assetsLn 16$55K
LiabilitiesLn 26$0
Net assetsLn 32$55K
OperationsPt I, VI
EmployeesI 51
VolunteersI 650
Fiscal year endsHeaderOctober
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$73K$55K
InvestmentsLn 11–13$0$0
Total assetsLn 16$73K$55K
LiabilitiesLn 26$0$0
Net assetsLn 32$73K$55K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$29K
Pay of current officers, directors and key staffLn 5$82K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$23K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$7K
Management feesLn 11a$0
Legal feesLn 11b$2K
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$11K
Office expensesLn 13$7K
Information technologyLn 14$5K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$3K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$68K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$3K
All other expensesLn 24e$0
Total functional expensesLn 25$241K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $195K$72K 990 PDF
FY2024 Viewing $224K$241K−$18K$55K 990 PDF
FY2023 $145K$73K 990 PDF
FY2022 $128K$90K 990 PDF
FY2021 $84K$110K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $223,729 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $104,428$114,084
I-9 Program service revenuePrior year $39,535$106,769
I-10 Investment incomePrior year $899$2,876
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $144,862$223,729
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $27,940$29,185
I-15 Salaries and benefitsPrior year $107,407$112,437
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $26,824$99,868
I-18 Total expensesPrior year $162,171$241,490
I-19 Revenue less expensesPrior year −$17,309−$17,761
Part VI · Governance 0 of 13 board members independent, 4 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $223,729 across 12 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$114,084
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$0
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$114,084
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $106,769 · Unrelated business $0 · Excluded from tax $0$106,769
VIII-3 Investment incomeRelated to mission $2,876 · Unrelated business $0 · Excluded from tax $0$2,876
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $109,645 · Unrelated business $0 · Excluded from tax $0$223,729
Part IX · Statement of functional expenses $241,490 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$29,185
IX-5 Pay of current officers, directors and key staff$81,972
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$23,437
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$7,028
IX-11a Management fees$0
IX-11b Legal fees$1,832
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$10,800
IX-13 Office expenses$7,256
IX-14 Information technology$5,486
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$3,114
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$68,343
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$3,037
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$241,490
Part X · Balance sheet $54,802 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $72,563$1,589
X-2 Savings and temporary cash investmentsStart of year $0$53,213
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $72,563$54,802
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $72,563$54,802
X-33 Total liabilities and net assetsStart of year $72,563$54,802
Part XI · Reconciliation of net assets $54,802 net assets at year end
XI-1 Total revenue$223,729
XI-2 Total expenses$241,490
XI-3 Revenue less expenses−$17,761
XI-4 Net assets at start of year$72,563
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$54,802

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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