![]() | construction financial management association chicago chapterThe Source and Resource for Construction Financial Professionals |
CHAPTER NEWS
CFMA Chicago Chapter introduces new Board of Directors
April 1st marked the start of a new term year for the CFMA Chicago Chapter Board of Directors. Thank you to each of these individuals for their dedication, passion, and expertise - the driving force behind our chapter's success. Each member brings a unique perspective and skill set to the table that ensures we stay true to our mission to provide resources to meet the challenges of construction financial professionals. Please join us in celebrating these leaders!
.png)
CFMA's Challenge Coin Presented to Mary Davolt, CCIFP
In 2018, then-CFMA Chairman Joe McLaughlin wanted to recognize members
who do exceptional work for CFMA, but whose efforts might not be
acknowledged at the Executive level. He was reminded of the military
tradition of the challenge coin – a small medallion or token that
signifies a person is a member of an elite group. CFMA
Executive Committee members continue to give out a
limited number of CFMA Chair's Challenge Coins to CFMA members who
exhibit service and excellence to CFMA.
On March 11, 2026, John Moran, CCIFP, presented Chicago Chapter Past President, Mary Davolt, CCIFP, Berger Contractors, with a CFMA Challenge Coin.
John and Mary had collaborated several times about the education initiatives at CFMA and the direction CFMA is taking. Her dedication to CFMA’s educational programs has been truly impressive. That admiration grew even stronger when both Mary and Valerie presented the new educational journey being developed for CFMA members to the officers. The level of thought, time, and effort invested in this initiative, and the continued work being devoted to it, is nothing short of remarkable. It is truly a pleasure to witness Mary’s dedication to both CFMA and the construction industry.
CFMA Chicago honored with the Chapter of the Year Award in 2020, 2023 and 2025
These awards are a testament to our unwavering dedication and outstanding performance across multiple areas, including:
- Chapter Membership Participation
- Chapter Operations
- Educational Offerings
- Scholarship and Charitable Events
- Marketing/Public Relations
- CCIFP Participation
This remarkable achievement reflects the hard work and commitment of every member of our chapter.
We are proud and honored to receive these accolades.


