Concrete Plant Manufacturers Bureau
The Concrete Plant Manufacturers Bureau (CPMB) is a U.S. nonprofit organization classified as a 501(c)(6) entity. It was formed in 1958 and officially incorporated in 1961. The organization brings together representatives from major manufacturers of concrete plant equipment.
History and Formation
CPMB was established to consolidate efforts and interests among the leading manufacturers of concrete plant equipment. This collaborative approach aimed to promote efficiency, innovation, and standardization within the industry.
Mission and Purpose
While specific details about the CPMB's mission are not readily available, it generally operates as a trade or professional association. Such organizations typically focus on promoting common interests, setting industry standards, and facilitating cooperation among members.
Classification and Operations
As a 501(c)(6) organization, the CPMB is considered a business league or trade association. This classification indicates that it is not primarily a charitable entity but rather an association working to advance the interests of its members. The organization collects revenue primarily from membership dues.
Financial Overview
In recent years, the CPMB has reported modest financial operations, with revenue primarily derived from membership dues. The organization maintains a small net asset balance and operates on a budget that supports its ongoing activities without significant surpluses or deficits.
Tax-Exempt Status
The CPMB has been tax-exempt since May 1963, as granted by the IRS. This status allows donations to be tax-deductible, although the organization does not primarily engage in charitable activities.
Industry Role
The CPMB plays a role in the concrete manufacturing industry by providing a platform for manufacturers to collaborate on standards, technologies, and best practices. This collaboration can influence industry developments and standards, benefiting both member companies and the broader construction sector.
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Concrete Plant Manufacturers Bureau
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