Shown (from left) are: Andrew Meyerson, CFMA event chair and CFO of Axis Construction; Alan Nahmias, co-founder of CFK and president of Stalco; Steven DeLuca, CFK president and 1st vice president of Suffolk County National Bank; and Stephen Ebinger, president of CFMA Long Island chapter and partner in the Jericho office of CohnReznick LLP. Photo credit: Maven Jade.Woodbury, NY The Long Island Chapter of Construction Financial Management Association (CFMA) has recognized Alan Nahmias, co-founder of Contractors For Kids (CFK) and president of Stalco Construction, as Construction Executive of the Year. The award ceremony, attended by more than 200 construction, engineering, architecture, and finance professionals, took place during CFMA’s 9th Annual Dinner Gala. The event, which benefitted CFK, raised $60,000 for the organization that financially supports families of children with serious illnesses.
“I am greatly honored by this recognition from the CFMA of Long Island. I am also enormously grateful to the hundreds of financial and accounting professionals, who have chosen to dedicate their careers to the building industry and helped it become the multi-billion dollar powerhouse of the regional economy,” said Nahmias.
“Each year, we at the Long Island Chapter of the CFMA direct our philanthropic efforts toward aiding Contractors For Kids. To date, our Annual Construction Executive of the Year Dinner Galas have generated well in excess of $500,000 to benefit CFK. We are proud to recognize Alan for both his contributions to the community and leading one of the most prominent construction firms in the tri-state area,” said Stephen Ebinger, president of CFMA Long Island chapter and partner in the Jericho office of CohnReznick LLP.
Founded in 1981, CFMA is the only organization in the United States dedicated to bringing together construction financial professionals. CFMA serves more than 7,500 members via 94 chapters located throughout the U.S. and Canada. The Long Island chapter was established in 1991. The organization’s members have been supporting Contractors For Kids through sponsorship and volunteering for over a decade.
Established in 2005 by business partners and owners of Stalco Construction, Alan Nahmias and Kevin Harney, all-volunteer CFK has attracted enthusiastic support from over 300 real estate firms, financial companies, builders, architects, engineers, and other businesses. To date, CFK has raised over $3 million and assisted more than 500 families. Since 2013, Kids 4 Kids youth volunteer chapter supports CFK’s programs.
The non-profit serves as a financial lifeline of last resort after families have exhausted all other resources. The stories of families who turn to CFK for assistance vary as much as the illnesses endured by their children. CFK recently assisted the mother of a teenage boy who suffered extensive burns and a cardiac arrest due to an explosion. The accident caused widespread injuries, a permanent disability, and a prolonged rehabilitation. The boy’s mother sold most of her belongings and lived at a hospital taking care of her son for more than a year. CFK assisted the family with payments for food, phone bills, and medical and personal care supplies.
CFK also helped a low-income family by covering all funeral expenses following the death of their five-year-old daughter. In another case, the organization covered travel expenses for parents of a four-year-old boy, who experiences up to 100 seizures ever day and receives treatments in another state.
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