Building Owners Managers Association

“The membership consists of 92 local associations and international affiliates with which boma has affiliation agreements.”

“The local associations and international affiliates responsibility is to elect the officers and executive committee as well as approve members at large and life members. The board of governors are individuals appointed by each of the local associations.”

“The local associations and affiliates approve the annual budget, bylaw changes and other governance related issues vetted through the executive committee.”

“The president and senior vp will perform the initial review of the form 990. Once this review is complete, the officers and executive committee will be informed the draft is available for their review and the return will made available for board of governors examination.”

“All executive committee members, officers and staff at the director level and above must read and sign the conflict of interest policy on a yearly basis.”

“Employee compensation policy: the employee compensation policy of boma international applies to the compensation of the following persons employed by boma international: president/chief operating officer all other staff the process for establishing compensation for the president/chief operating officer will be as follows: 1. At the direction of the officers of boma international, the chief financial officer will provide comparable compensation data from the american society for association executives annual salary survey and any other salary surveys that are deemed appropriate. This data will consist of data from compensation survey data for similarly qualified persons in functionally comparable positions at similarly situated organizations. 2. The officers will review the information and determine the appropriate level of compensation. 3. The officers will keep contemporaneous documentation with respect to the deliberations and decisions regarding the compensation arrangement. This information will be forwarded to the chief financial officer for safekeeping. It is the responsibility of the president/chief operating officer to set compensation for all staff. The process for establishing compensation for all other staff is as follows: 1. Annually during the budget process the executive staff will recommend a percentage of total wages to be set as the raise pool to the boma officers. This percentage will be based on industry information as supplied for the local market. 2. The executive staff will develop a raise schedule to be weighted by performance appraisal scores. 3. As performance appraisals are completed, raises will be calculated based on the schedule and forwarded to the president/chief operating officer. Industry compensation surveys will be made available to allow for comparison, specifically from the annual salary survey published by the american society for association executives and any other salary survey deemed appropriate. It will be the responsibility of the president/chief operating officer to make final decision for compensation. 4. Contemporaneous documentation of this process will be maintained by the chief financial officer.”

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

“During the year, boma had twenty-four voting board members. At the end of the year, they had only nineteen voting board members. On june 30 of every year, some of the board membership end and new board member joins the board.”

“Estimate of the number of members that serve on boma committees. No benefits are provided for participation on the committees.”

“Commissions 229,006. Temporary help 13,876. Fulfillment services 77,217. Industry consultants 193,061. Professional fees 361,425. Outsourced services 188,291.”