Construction Financial Management Association
CFMA is a 1981-founded nonprofit professional association serving 11,000+ construction financial professionals across 90+ U.S. and Canadian chapters through education, certification (CCIFP), benchmarking, conferences, and a tiered partner program with construction SaaS and financial services firms.
- Company typePrivate
- Founded1981
- HeadquartersPrinceton, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Construction Financial Management Association does
CFMA is a Princeton, NJ-based nonprofit professional association founded in 1981 and dedicated exclusively to construction financial professionals. It serves 11,000+ individual members across 90+ chapters in the U.S. and Canada, spanning general and specialty contractors, developers, construction managers, architects, engineers, and a large Associate Member base drawn from accounting, surety, insurance, software, legal, and banking providers to the construction industry. Its portfolio includes the CCIFP (Certified Construction Industry Financial Professional) credential, the Construction Financial Benchmarker (described as the only one of its kind), the CONFINDEX quarterly confidence survey, the Heavy Equipment Comparator (co-developed with AEMP), SALT Explorer Essentials (co-developed with Forvis Mazars), the award-winning CFMA Building Profits magazine, the Connection Café community platform, and DASH, an AI content concierge launched in late 2025/2026.
CFMA's technology stack is built on a membership management platform (ACGI), a learning management system (Forj), and the Higher Logic Thrive Connection Café community platform, with DASH sitting on top as an AI content retrieval layer. The association monetizes through four primary streams: recurring individual membership dues (General and Associate tiers), advertising and sponsorships across BP Magazine, digital channels, and webinars (including a tiered Principal/Elite/Strategic/Member Preferred partner program with 10+ named partners such as Trimble, Forvis Mazars, Commerce Bank, ADP, Corpay, Acumatica, and Sage), conferences and events (Annual Conference, AGC/CFMA Conference, and regional/chapter events), and certification and education revenue (CCIFP exams, exam prep, online courses, CPE-accredited webinars). Go-to-market is community-led: members are acquired through local chapters, conferences, certification programs, word-of-mouth within the construction finance profession, and a layered vendor partnership program that creates two-sided value between construction CFOs/controllers and the technology and service providers that serve them.
Construction Financial Management Association firmographics
Firmographics- Name
- Construction Financial Management Association
- Legal name
- Construction Financial Management Association
- Website
- https://cfma.org
- Company type
- Private
- Founded year
- 1981
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- CFMA is a 1981-founded nonprofit professional association serving 11,000+ construction financial professionals across 90+ U.S. and Canadian chapters through education, certification (CCIFP), benchmarking, conferences, and a tiered partner program with construction SaaS and financial services firms.
- Ownership category
- akta.pro rank
Construction Financial Management Association industry classification
Industry- Product category
- Professional Association Services
- NAICS
- Professional Organizations (81392)
- SIC
- Services-Educational Services (8200)
- akta.pro primary industry
- Project, Program & Portfolio Management Certifications (EDAAANAB)
- akta.pro secondary industries
- Assessment, Certification & Qualifications Frameworks (BPADAKAL), Qualifications Framework Authorities (NQF/Skills Framework) (EDADAFAB)
Keywords
Where Construction Financial Management Association is headquartered
LocationHeadquarters
- HQ city
- Princeton
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Construction Financial Management Association business model
Business model- GTM type
- B2B
- Offering type
- Services
Revenue model
- Membership Dues: CFMA generates revenue primarily through individual membership fees from its 11,000+ members across general and associate categories. Membership provides access to education, networking, benchmarking tools, and member benefits.
- Advertising & Sponsorships: Revenue from advertising in CFMA Building Profits magazine, digital advertising opportunities, webinar sponsorships, and sponsorship of educational content and events.
- Conferences & Events: Annual conference, regional conferences, chapter events, and golf tournaments generate revenue through registration fees and event sponsorships.
- Certification & Education: CCIFP certification exams, exam prep materials, online courses, and CPE credits provide revenue stream.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | General Membership for construction financial professionals |
| Subscription | Annual | Associate Membership for service providers |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
Construction Financial Management Association product offering
Product offeringCore offering
CFMA is a nonprofit professional membership association that serves construction financial professionals through education, networking, and information resources. It delivers annual and regional conferences, webinars, on-demand courses, and the CCIFP (Certified Construction Industry Financial Professional) certification. The organization also provides proprietary benchmarking and research tools, including the Construction Financial Benchmarker, CONFINDEX quarterly survey, Heavy Equipment Comparator, and SALT Explorer Essentials, and connects members through 90+ local chapters across the U.S. and Canada.
Product overview
CFMA offers a membership-based professional association serving construction financial professionals since 1981. The organization provides a portfolio of professional development and benchmarking tools including Financial Benchmarker for industry comparisons, Heavy Equipment Comparator for fleet performance evaluation, and SALT Explorer Essentials for tax research. The flagship professional certification is CCIFP (Certified Construction Industry Financial Professional). CFMA delivers educational content through CFMA Building Profits magazine (print and digital), Hey CFMA video series, webinars, and on-demand education. Member networking is facilitated through Connection Café online community. The organization recently launched DASH, an AI content concierge. CFMA serves 11,000+ members across 90+ chapters in the U.S. and Canada.
Differentiator
Problem solved
Functional benefit
Products and services
- CCIFP Certification The only industry-recognized certification for financial professionals working in the construction industry. The CCIFP credential validates expertise in construction-specific financial management.
- Construction Financial Benchmarker Annual financial survey and benchmarking tool that allows construction companies to compare their financial performance against industry peers. The only benchmarking product of its kind for the construction financial industry.
- Heavy Equipment Comparator Tool developed in collaboration with AEMP and Industry Insights Inc. to evaluate, measure, and enhance equipment fleet performance and costs for construction companies.
- SALT Explorer Essentials Exclusive state and local tax information resource co-developed with Forvis Mazars, providing CFMA General Members with construction-specific SALT research.
- DASH AI Content Concierge AI-powered content concierge that simplifies access to CFMA's construction financial management educational content and resources for members.
- CFMA Annual Conference & AGC/CFMA Conference CFMA's annual conference plus the AGC/CFMA Conference provide in-person education, networking, and industry engagement for construction financial professionals.
- CFMA Building Profits Magazine Award-winning bimonthly print and digital magazine (BP Online) covering construction financial management topics, distributed to members and subscribers.
- Connection Café Community Platform Online community platform built on Higher Logic Thrive that enables CFMA members to network, participate in peer discussions, and access member directories.
- CFM Reference Guide Comprehensive reference guide for construction financial management professionals covering core CFM topics.
- State Tax Law Guides Comprehensive state tax law guides provided by CFMA to support construction financial professionals with multi-state tax compliance.
- CFMA On-Demand Education & Webinars Webinars and on-demand online courses that provide construction financial professionals with continuing professional education and CPE credits.
- CFMA Membership (General & Associate) Annual individual membership providing access to education, networking, benchmarking tools, the Connection Café community, publications, and member benefits. Two categories: General Members (contractors, developers, construction managers, architects, engineers) and Associate Members (accounting, insurance, surety, software, legal, banking professionals serving construction).
- CFMA Local Chapter Network 90+ local chapters throughout the U.S. and Canada that host regional workshops, seminars, peer groups, and networking events for CFMA members.
Quantifiable outcome
- 11% membership growth in three years, reaching 11,000 members
- +1 more outcomes
Companies that use Construction Financial Management Association
Customer profileNamed customers2 records
Segments3 records
Construction Financial Management Association technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Construction Financial Management Association partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered strategic, key, elite, principal, leadership and member preferred.
- EgnytestrategicEgnyte joined CFMA as Strategic Partner in August 2026, offering free access to chapters.
- Big Blue Innovations (BBi)strategicBig Blue Innovations (BBi) became a Strategic Partner to broaden access to construction technology education and resources.
- AcumaticakeyAcumatica joined CFMA as a Strategic Partner in March 2026. Under the partnership, CFMA members gain access to Acumatica's construction-focused business management tools, while Acumatica customers receive enhanced access to CFMA's resources including industry benchmarking and continuing education. New Construction Edition customers receive a complimentary one-year CFMA membership.
- CorpayeliteCorpay became an Elite Partner and preferred B2B payments provider in December 2024. This milestone builds on Corpay's 14-year partnership with CFMA, supporting its mission to advance financial management in the construction industry.
- ADPprincipalADP joined as HR and Payroll Principal Partner in October 2024, providing human resources and payroll solutions tailored for construction industry needs.
- ArcorostrategicArcoro, a leading HR software company for the construction industry, serves as HR Technology Strategic Partner.
- Commerce BankprincipalCommerce Bank became CFMA's banking and financial services Principal Partner in 2024. They offer CommercePayments solutions designed for construction companies with trusted by more than 1,300 construction companies nationwide.
- BriqleadershipBriq is CFMA's Leadership Partner, helping support the leadership development of CFMA members through corporate performance management platform built specifically for construction financial professionals.
- TrimbleprincipalTrimble is listed as a Principal Partner (exclusive partnerships limited to specific business solution categories such as accounting, ERP, and related services). Principal Partners provide significant financial and in-kind support funding core programs, events, and initiatives.
- Forvis MazarsprincipalForvis Mazars is a Principal Partner providing accounting and related services. They co-developed SALT Explorer Essentials with CFMA - an exclusive resource for CFMA's General Members launched in April 2026.
- MitereliteMiter is an Elite Partner aligned with specific strategic goals and initiatives of CFMA. They provide HR technology solutions for construction workforce management.
- SagestrategicSage is a Strategic Partner with a long-standing relationship - renewed for 10+ consecutive years as Educational Sponsor. They provide cloud business management solutions for construction.
- CommercePaymentsmember preferredPart of CFMA's Member Preferred Programs, CommercePayments offers payment solutions trusted by more than 1,300 construction companies nationwide.
- ConsensusDOCSmember preferredMember Preferred Program partner offering 20% discount on all ConsensusDOCS construction contract products for CFMA members.
- Procoremember preferredMember Preferred Program partner offering 10% discount for first year and 10% on additional product purchases for CFMA members.
- FedExmember preferredMember Preferred Program partner offering CFMA members 50% off FedEx Express and 20% off FedEx Ground.
- Enterprise Fleet Managementmember preferredMember Preferred Program partner offering fleet management services with more than 50 fully staffed offices nationwide.
- Association of Equipment Management Professionals (AEMP)keyCFMA and AEMP co-developed the Heavy Equipment Comparator - a groundbreaking tool to revolutionize evaluation, measurement, and enhancement of equipment fleet performance.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Construction Financial Management Association competitors and assessment
Company assessmentBroad incumbents
- Institute of Management Accountants (IMA): Global professional association for management accountants offering the CMA certification, education, and CPE. Comparable to CFMA as a professional membership association that monetizes through dues, certification (CCIFP/CMA), and continuing education programming.
- Associated Builders and Contractors (ABC): National construction industry trade association representing merit shop contractors. While broader in focus than CFMA (covers general construction rather than only finance), it serves many of the same member companies and competes for construction-industry mindshare and event attendance.
- American Institute of Certified Public Accountants (AICPA): National professional membership association for CPAs offering certification, education, and professional development. Comparable to CFMA as a vertical-specialized professional association that monetizes members through dues, credentials, and content — though serving all CPAs rather than construction finance specialists.
Direct peers
- National Association of Construction Auditors (NACA): A specialized professional association for construction auditors with education and certification programs. A more narrowly focused peer than CFMA but shares the same vertical-specialized model of dues, certification, and education for construction financial professionals.
- Association of General Contractors of America (AGC): Associated General Contractors is the leading national trade association for the construction industry. CFMA co-developed the Construction Financial Management Conference with AGC and shares overlapping membership, making it the closest industry-wide peer association serving construction executives.
- CPAmerica International: An association of accounting firms providing practice management, CPE education, and peer networking for accounting professionals. Comparable to CFMA as an association serving accounting/financial professionals with a chapter/model and continuing education focus.
Regional players
- National Association of Credit Management (NACM): Professional association for commercial credit management providing certification (CBA), education, and networking. Comparable to CFMA as a vertical-focused professional association with a credentialed membership body and educational programming.
Others
- ASAE (American Society of Association Executives): The professional association for the association management industry itself. Relevant as an ecosystem peer given CFMA operates in the broader nonprofit association space, even though they are not competitors but rather share the same operating model.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Construction Financial Management Association social profiles
Digital presenceConstruction Financial Management Association financial estimates
Financial estimateRevenue estimate
Valuation estimate
Construction Financial Management Association leadership team
Management profileNumber of profiles
Construction Financial Management Association funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Construction Financial Management Association M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Construction Financial Management Association
What does Construction Financial Management Association do?
CFMA is a nonprofit professional membership association that serves construction financial professionals through education, networking, and information resources. It delivers annual and regional conferences, webinars, on-demand courses, and the CCIFP (Certified Construction Industry Financial Professional) certification. The organization also provides proprietary benchmarking and research tools, including the Construction Financial Benchmarker, CONFINDEX quarterly survey, Heavy Equipment Comparator, and SALT Explorer Essentials, and connects members through 90+ local chapters across the U.S. and Canada.
Is Construction Financial Management Association a public or private company?
Construction Financial Management Association is a private company. It is currently operating.
When was Construction Financial Management Association founded?
Construction Financial Management Association was founded in 1981. It employs 11 to 50 people.
Where is Construction Financial Management Association based?
Construction Financial Management Association is headquartered in Princeton, United States, in the North America region.
How does Construction Financial Management Association make money?
Four revenue lines are on record. Membership Dues are the primary driver. The others are advertising & Sponsorships, conferences & Events and certification & Education.
Who are Construction Financial Management Association's main competitors?
Broad incumbents on record are Institute of Management Accountants (IMA), Associated Builders and Contractors (ABC) and American Institute of Certified Public Accountants (AICPA). Direct peers are National Association of Construction Auditors (NACA), Association of General Contractors of America (AGC) and CPAmerica International. National Association of Credit Management (NACM) is listed as a regional player. ASAE (American Society of Association Executives) is listed as an others.
Does Construction Financial Management Association have an API?
No public API is recorded for Construction Financial Management Association.
What industry is Construction Financial Management Association in?
Construction Financial Management Association's product category is Professional Association Services. Its primary akta.pro industry code is EDAAANAB, Project, Program & Portfolio Management Certifications, with a secondary code of BPADAKAL, Assessment, Certification & Qualifications Frameworks. Its NAICS code is 81392 and its SIC code is 8200.