Building Owners & Managers Association of Philadelphia

“Boma delegated control of management duties over to alta management services (ams). Kristine kiphorn, executive director, and ams staff perform all accounting, management, and program related services for boma. Kristine kiphorn and staff are employees of ams, they receive a salary from ams. Boma paid ams manangement fees in the amount of $178,671 for 2018.”

“The organization has 4 types of voting members. Types are: (1) regular member, (2) additional regular member, (3) asset manager, and (4) facility manager. (1) regular member: individuals, partnerships or corporations whose primary purpose of the business is the ownership and/or management of office buildings, apartments, condominiums, cooperatives, educational facilities, government, health care facilities, industrial facilities, institutions, medical offices, retail facilities, public utility or other building requiring active supervision and management in operation in the city of philadelphia, and the pennsylvania counties of: berks, bucks, chester, cumberland, dauphin, delaware, montgomery, lancaster, lebanon, lehigh, northampton, and york; in the state of new jersey the counties of atlantic, burlington, camden; gloucester; and the state of delaware. Regular members shall have voting privileges and may serve on the board as a director or serve as an officer of the association. (2) additional regular memeber: designated employee(s) who is situated in the member building and with the same address as the member may be considered for membership. Additional regular members shall have voting privileges and may serve on the board as a director or as an officer of the association. (3) asset manager: an individual on a corporate or ownership level, not associated with a particular property but has the responsibility for multiple properties and/or the supervision of other asset or property managers and shall have one designated representative. Asset manager shall have voting privileges and may serve on the board as a director or as an officer of the association. (4) facility member: a company or organization whose primary business is not in the real estate industry but who employs an individual or third party whose primary responsibility is to serve as a facility manager and/or manages the leased and/or owned real estate asset. The company or organization is considered a facility manager member and shall have one designated representative. Facility manager shall have voting privileges and may serve on the board as a director or as an officer of the association.”

“Members of the association have the right to elect the officers and directors to the board.”

“The bylaws may only be amended by a two-thirds vote of the majority of eligible voting members.”

“The irs form 990 has been prepared by an independent public accounting firm with the assistance of management. The form 990 is emailed to all board and executive committee members and they are asked to review and submit any questions prior to filing with the irs.”

“The association makes the governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Committee services 46,026. Administrative services 112,902.”