CFMA Reaches 10,000 Members


Contact: Kristy Domboski
(; 609-945-2427)

Construction Financial Management Association (CFMA) Achieves Monumental Milestone Reaching 10,000 Members

January 15, 2024, PRINCETON, NJ — The Construction Financial Management Association (CFMA) proudly announces a historic achievement, surpassing the 10,000-member mark in January 2024. As the only nonprofit organization dedicated to meeting the unique needs of today's construction financial professionals, this represents a remarkable 11% growth in just three years, reflecting CFMA's unwavering commitment to serving the evolving needs of construction financial professionals.

Given the dynamic transformations throughout the construction industry, CFMA is the go-to resource for companies seeking insights into the impact of these changes on their business strategies. Recognizing the critical role of CFMA membership in individual and corporate success, CFMA President & CEO Neil Shah expressed enthusiasm for reaching this milestone.

“The construction industry is undergoing profound changes, and CFMA has become a trusted partner for companies navigating these shifts. Our focus on delivering value through networking, education, and resources has not only fueled our growth but has also empowered our members and Certified Construction Financial Professionals (CCIFPs) for success. As technology reshapes business practices, skilled labor influences project capacity, and economic concerns persist, CFMA remains at the forefront, supporting the financial professionals who drive the industry forward,” stated Neil Shah.

Kevin Foley, CFMA Chair, “This milestone signifies the value our members find in our organization and the trust that we will continue to deliver greater value — together, we have built a strong foundation for success. As we continue to grow and evolve, I am excited about the mountain of opportunities that lie ahead for our members and the positive impact we will make on the construction industry.” 

For more information about CFMA membership, visit


About CFMA

The Construction Financial Management Association (CFMA) is a nonprofit organization dedicated to serving the needs of today’s construction financial professionals. CFMA provides essential resources, education, and a supportive community for individuals across various sectors within the construction industry. CFMA’s Certified Construction Industry Financial Professional (CCIFP) designation has been the recognized standard of excellence for competent and ethical construction financial management for nearly 20 years.