CFMA Chicago Chapter

What CFMA Chicago Chapter does

CFMA Chicago Chapter is a regional nonprofit professional membership association and a local chapter of the Construction Financial Management Association (CFMA National), founded in 1984 and headquartered at 19250 Everett Lane, Suite 103, Mokena, Illinois. The organization serves construction financial managers — including CFOs, controllers, and other finance leaders working in or adjacent to the construction industry — in the Chicago metropolitan area, providing education, peer networking, and industry-specific information resources. Its primary offering is professional membership, supplemented by a portfolio of program modules including a Guided Participant onboarding program, CCIFP certification support, a Next Gen/Young Professionals initiative, an Internship Program, a Community Outreach effort, and a "Build Chicago" awards program. Annual in-person events — the Build Chicago Awards, Golf Outing, Mini-Conference, and Summer Social — anchor the chapter's engagement calendar and sponsorship funnel, with events scheduled through Q3 2026. The chapter operates with approximately 9 employees and runs on the Wild Apricot membership management platform, which powers online membership sign-up, event registration, and the Building Connections newsletter. Revenue is not publicly disclosed but is generated through individual membership dues, event registrations, and an Annual Sponsor program featuring construction services firms (e.g., DK Cole). The chapter has no disclosed AI/ML, API, or proprietary technology surface, and its competitive position is grounded in its 40-plus-year regional brand, CFMA National affiliation, CCIFP credential ecosystem, and the peer network that the organization describes as "found in no other association."

Name

CFMA Chicago Chapter

Legal name

CFMA Chicago Chapter

Website

https://chicago.cfma.org

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

CFMA Chicago Chapter is a nonprofit professional association serving construction financial managers in the Chicago metro area, providing membership, peer networking, certification support, and annual events under the CFMA National umbrella.

Ownership category

akta.pro rank

Product category

Professional Association Services

NAICS

Business Associations (813910), Professional Organizations (81392), Professional Organizations (813920)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Corporate & Foundation Relations (Sponsorships, Grants, Partnerships) (EDALAOAE)

Keywords

• Construction financial management
• Professional membership association
• Construction industry networking
• Financial professional education
• Construction finance certification

Headquarters

HQ city

Mokena

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Distribution channels1 record

Marketing channels3 records

Core offering

CFMA Chicago Chapter is a nonprofit professional membership association serving financial professionals in the construction industry across the Chicago metropolitan area. It delivers education, peer networking, professional development, and certification support (including CCIFP) to its members through in-person events, conferences, and chapter programming. The chapter operates as a regional affiliate of the national Construction Financial Management Association.

Product overview

CFMA Chicago Chapter is a professional membership association serving construction financial managers and their service providers. The organization operates as a unified association with membership as its core offering, supplemented by multiple program modules including educational events (Mini-Conference, Annual Golf Outing), awards recognition ("Build Chicago" Awards), professional development (Guided Participant Program, CCIFP Certification Support, Internship Program), and community-building initiatives (Next Gen/Young Professionals Program, Community Outreach). These programs collectively serve the association's mission of supporting construction financial professionals through education, networking, and information sharing.

Differentiator

Problem solved

Functional benefit

Products and services

• CFMA Chicago Chapter Membership Paid membership providing construction financial professionals in the Chicago area with access to chapter programming, peer network, educational resources, and certification support.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves5 records

Expansion highlights5 records

Emerging players

• Construction Industry CPA (CICPAC) / Construction Industry CPAs & Advisors: Niche professional community of CPA firms and financial advisors serving the construction industry. Overlaps with CFMA Chicago Chapter on construction-finance focus and audience but emphasizes CPA firm service providers rather than in-house corporate financial managers, positioning it as an adjacent niche peer.
• Associated General Contractors of America (AGC): Leading national trade association for the construction industry, with chapters, networking events, and educational programming targeting construction firms (including finance leaders). Comparable industry focus and chapter model, but AGC primarily represents contractors rather than finance professionals, making it an adjacent rather than direct peer.

Direct peers

• Construction Financial Management Association (CFMA National): National parent organization of the Chicago Chapter; offers the same construction-financial-management membership value proposition at a national level, including the CCIFP credential and the annual CFMA Conference. Directly comparable in mission, member profile, and program mix, with CFMA National functioning as both parent and competitive super-chapter.
• Association of Government Accountants (AGA): Professional association for governmental financial managers offering CPE, certification (CGFM), chapters, and conferences. Strongly comparable to CFMA Chicago Chapter in mission, member persona, certification offering, and chapter-based structure, with the difference being AGA's public-sector rather than construction-industry focus.
• Institute of Management Accountants (IMA): Professional membership association for management accountants and financial professionals, offering certification (CMA), education, networking, and chapter-based community structure. Highly comparable operating model to CFMA Chicago Chapter, with the main difference being IMA's broader industry focus versus CFMA's construction-niche focus.
• CFMA Chapters (Other Regional Chapters, e.g., CFMA New Jersey, CFMA Atlanta): Other regional chapters of CFMA National operating with the same chapter-based model, programs, and member persona, but serving different geographies. Strongly comparable in structure and offering; Chicago Chapter effectively competes with them for national attention, sponsor dollars, and best-practice transfer.
• Institute of Internal Auditors (IIA): Global professional association for internal auditors with membership, certification (CIA), and chapter-based programming. Directly comparable association structure and member-adjacent persona (corporate financial professionals), though focused on internal audit rather than construction financial management.
• Financial Executives International (FEI): Membership organization serving senior financial executives (CFOs, controllers, treasurers) with networking, education, and advocacy programming. Comparable target audience and chapter-based delivery model, though FEI serves executives across industries rather than concentrating on construction finance.

Broad incumbents

• American Institute of CPAs (AICPA): Large, established professional association for CPAs offering membership, credentialing, CPE, and resources. Overlaps with CFMA Chicago Chapter on member persona (financial professionals), CPE delivery, and chapter structure, but is much broader in scope and serves a different primary credential (CPA rather than CCIFP).

Others

• American Society of Association Executives (ASAE): Industry association for the association management profession itself, providing education, credentialing (CAE), and best-practice resources. Functions as an enabling/peer-of-peers organization for CFMA Chicago Chapter's staff and volunteer leaders, rather than a competitor for members.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights3 records

Customer concentration

• LinkedInlinkedin.com/company/cfmachicagochapter

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about CFMA Chicago Chapter