Civic Intelligence

Building Owners and Managers Assoc of Metropolitan Detroit

990 • Fiscal year 2021 • EIN 38-0383751

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 08, 2022

535 Griswold Street Suite 111-616Detroit, MI 48226

(313) 483-7702

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

95th percentile

0.71x

Higher debt load relative to assets than 95% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

84th percentile

0.28x

Higher debt load relative to revenue than 84% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

19th percentile

-16%

Higher net margin than 19% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

98th percentile

$143,137

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 38.7% of source-year revenue.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

23rd percentile

-8.5%

Faster asset growth than 23% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

20th percentile

-29%

Faster revenue growth than 20% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$147,953

Down $13,780 (-8.5%) from 2020

Net Assets

Down

$43,098

Down $57,965 (-57%) from 2020

Liabilities

Up

$104,855

Up $44,185 (+73%) from 2020

Revenue

Down

$370,309

Down $152,409 (-29%) from 2020

Expenses

Down

$428,274

Down $65,289 (-13%) from 2020

Net Income

Down

-$57,965

Down $87,120 (-299%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$200K$0-$200KAssets 2010: $187,077Liabilities 2010: $0Net Assets 2010: $187,0772010Assets 2011: $218,565Liabilities 2011: $55,149Net Assets 2011: $163,4162011Assets 2012: $207,555Liabilities 2012: $301,803Net Assets 2012: -$94,2482012Assets 2013: $283,938Liabilities 2013: $340,739Net Assets 2013: -$56,8012013Assets 2014: $191,580Liabilities 2014: $304,583Net Assets 2014: -$113,0032014Assets 2015: $262,863Liabilities 2015: $159,524Net Assets 2015: $103,3392015Assets 2016: $223,182Liabilities 2016: $81,831Net Assets 2016: $141,3512016Assets 2017: $289,861Liabilities 2017: $174,522Net Assets 2017: $115,3392017Assets 2018: $246,810Liabilities 2018: $160,222Net Assets 2018: $86,5882018Assets 2020: $161,733Liabilities 2020: $60,670Net Assets 2020: $101,0632020Assets 2021: $147,953Liabilities 2021: $104,855Net Assets 2021: $43,0982021Assets 2022: $154,253Liabilities 2022: $121,693Net Assets 2022: $32,5602022Assets 2023: $71,862Liabilities 2023: $52,563Net Assets 2023: $19,2992023Assets 2024: $201,670Liabilities 2024: $35,346Net Assets 2024: $166,3242024

Highlighted filing

2021

Assets$147,953
Liabilities$104,855
Net Assets$43,098

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2010: $401,565Expenses 2010: $412,033Net Income 2010: -$10,4682010Revenue 2011: $418,302Expenses 2011: $441,963Net Income 2011: -$23,6612011Revenue 2012: $584,335Expenses 2012: $841,999Net Income 2012: -$257,6642012Revenue 2013: $598,599Expenses 2013: $561,152Net Income 2013: $37,4472013Revenue 2014: $641,554Expenses 2014: $697,756Net Income 2014: -$56,2022014Revenue 2015: $676,764Expenses 2015: $460,422Net Income 2015: $216,3422015Revenue 2016: $762,200Expenses 2016: $724,188Net Income 2016: $38,0122016Revenue 2017: $689,640Expenses 2017: $715,652Net Income 2017: -$26,0122017Revenue 2018: $719,924Expenses 2018: $755,704Net Income 2018: -$35,7802018Revenue 2020: $522,718Expenses 2020: $493,563Net Income 2020: $29,1552020Revenue 2021: $370,309Expenses 2021: $428,274Net Income 2021: -$57,9652021Revenue 2022: $394,214Expenses 2022: $404,752Net Income 2022: -$10,5382022Revenue 2023: $432,243Expenses 2023: $445,504Net Income 2023: -$13,2612023Revenue 2024: $550,716Expenses 2024: $403,691Net Income 2024: $147,0252024

Highlighted filing

2021

Revenue$370,309
Expenses$428,274
Net Income-$57,965
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 8, 2022
Return Version
2021v4.0
Gross Receipts
$435,379
Mission and Program Overview

Mission

To actively represent the best interests of the commercial real estate owner, the real estate professional, and our supplier members through: effective leadership in advocacy, the collection and dissemination of information, and professional development. We strive to enhance the human, intellectual and physical assets of the commercial real estate industry.

Trade association providing educational and other support for members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$70,239$67,055▼ $3,184
Savings and Temporary Cash Investments$62,210$62,326▲ $116
Accounts Receivable$26,760$16,180▼ $10,580
Prepaid Expenses and Deferred Charges$2,524$2,392▼ $132
Total Assets$161,733$147,953▼ $13,780
Liabilities
Deferred Revenue$56,000$98,717▲ $42,717
Accounts Payable and Accrued Expenses$4,670$6,138▲ $1,468
Total Liabilities$60,670$104,855▲ $44,185
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$101,063$43,098▼ $57,965
Total Net Assets Fund Balance$101,063$43,098▼ $57,965
Total Liabilities and Net Assets / Fund Balance$161,733$147,953▼ $13,780
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Janet LangloisExecutive DiFT$135,137$8,000$143,137

Board Members and Trustees

NameTitle
Gregory McduffeePresident
Cindy WiegandDirector
Karen SkierskiDirector
Karin MeierDirector
Kim FarmerDirector
Trevor DukeDirector
William GilbertTreasurer
Daniel O FitzgeraldVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$329,405
Investment Income
$116
Other Revenue
$40,788
Change in Net Assets
$-57,965
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$229,939
Salaries, Compensation, and Employee Benefits$198,335
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$171,882
Payments to Affiliates---$77,832
Conferences and Meetings---$47,969
Fees for Services Lobbying---$28,875
Other Employee Benefits---$13,499
Payroll Taxes---$12,954
Information Technology---$9,487
Office Expenses---$5,629
All Other Expenses---$4,988
Fees for Services Accounting---$4,423
Other Expenses---$2,851
Occupancy---$2,046
Travel---$1,907
Insurance---$1,329
Advertising---$17
Total Functional Expenses$0$0$0$428,274
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$99,004
Fundraising Direct Expenses$65,070
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Golf Out$52,712$52,712$1,222$51,490
Fall Golf Outin$46,292$46,292$1,507$44,785
Total Events$99,004$99,004$65,070$33,934
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$36,433
Total Nondeductible Lobbying and Political Cost$36,433
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is received and reviewed by the executive director and forwarded to the president for the official review. The form 990 is then released to the board for full approval. Upon approval, the form 990 is signed by the executive director.

Form 990, Page 6, Part VI, Line 12C

Board members and committee chairs sign a statement annually disclosing any conflicts of interest. This statement requires that each person give notice of any conflict at any given time throughout the year.

Form 990, Page 6, Part VI, Line 19

All information if available upon request.

Filing and Contact Details

Filer

Filer Name
Building Owners and Managers
EIN
38-0383751
Address
535 GRISWOLD STREET SUITE 111-616, DETROIT, MI 48226

Signing Officer

Name
Janet Langlois
Title
Executive Director
Phone
3134837702
Signed
2022-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janet Langlois
Formed
1934
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
9
Employees
3
Volunteers
35

Preparer

Firm
Kopmeyer & Talty Pc
Address
17199 N LAUREL PARK DRIVE 301, LIVONIA, MI 48152
Preparer
Martin J Talty CPA
Phone
7349538600
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To actively represent the best interests of the commercial real estate owner, the real estate professional, and our supplier members through: effective leadership in advocacy, the collection and dissemination of information, and professional development. We strive to enhance the human, intellectual and physical assets of the commercial real estate industry.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt062210
IRS990/SavingsAndTempCashInvstGrp/EOYAmt062326
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AggregateReportedDuesNtcAmt041358
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/DuesAssessmentsAmt0199263
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt036433
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt036433
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleC/TaxableAmt0-4925
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt03050
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt03860
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt06910
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt065070
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPRING GOLF OUT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FALL GOLF OUTIN
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt032992
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt018835
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt051827
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt052712
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt046292
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt099004
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt052712
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt046292
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt099004
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt033934
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt02172
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt01432
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt03604
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02729
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01222
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01507
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO ACTIVELY REPRESENT THE BEST INTERESTS OF THE COMMERCIAL REAL ESTATE OWNER, THE REAL ESTATE PROFESSIONAL, AND OUR SUPPLIER MEMBERS THROUGH: EFFECTIVE LEADERSHIP IN ADVOCACY, THE COLLECTION AND DISSEMINATION OF INFORMATION, AND PROFESSIONAL DEVELOPMENT. WE STRIVE TO ENHANCE THE HUMAN, INTELLECTUAL AND PHYSICAL ASSETS OF THE COMMERCIAL REAL ESTATE INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS RECEIVED AND REVIEWED BY THE EXECUTIVE DIRECTOR AND FORWARDED TO THE PRESIDENT FOR THE OFFICIAL REVIEW. THE FORM 990 IS THEN RELEASED TO THE BOARD FOR FULL APPROVAL. UPON APPROVAL, THE FORM 990 IS SIGNED BY THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS AND COMMITTEE CHAIRS SIGN A STATEMENT ANNUALLY DISCLOSING ANY CONFLICTS OF INTEREST. THIS STATEMENT REQUIRES THAT EACH PERSON GIVE NOTICE OF ANY CONFLICT AT ANY GIVEN TIME THROUGHOUT THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL INFORMATION IF AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0161733
IRS990/TotalAssetsEOYAmt0147953
IRS990/TotalAssetsGrp/BOYAmt0161733
IRS990/TotalAssetsGrp/EOYAmt0147953
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0428274
IRS990/TotalGrossUBIAmt05250
IRS990/TotalLiabilitiesBOYAmt060670
IRS990/TotalLiabilitiesEOYAmt0104855
IRS990/TotalLiabilitiesGrp/BOYAmt060670
IRS990/TotalLiabilitiesGrp/EOYAmt0104855
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0101063
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt043098
IRS990/TotalOtherCompensationAmt08000
IRS990/TotalProgramServiceRevenueAmt0329405
IRS990/TotalReportableCompFromOrgAmt0135137
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0331125
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0370309
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt05250
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0161733
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0147953
IRS990/TravelGrp/TotalAmt01907
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0535 GRISWOLD ST SUITE 111-616
IRS990/USAddress/CityNm0DETROIT
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048226
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.BOMADET.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JANET LANGLOIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03134837702
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BUILDING OWNERS AND MANAGERS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION OF METROPOLITAN DETROIT
ReturnHeader/Filer/BusinessNameControlTxt0BUIL
ReturnHeader/Filer/EIN0380383751
ReturnHeader/Filer/USAddress/AddressLine1Txt0535 GRISWOLD STREET SUITE 111-616
ReturnHeader/Filer/USAddress/CityNm0DETROIT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048226
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382701745
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KOPMEYER & TALTY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt017199 N LAUREL PARK DRIVE 301
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LIVONIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048152
ReturnHeader/PreparerPersonGrp/PhoneNum07349538600
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARTIN J TALTY CPA
ReturnHeader/ReturnTs02022-11-14T13:32:48-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JANET
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LANGLOIS
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.02$0.35$1.66$5.51$4.04$1.47
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.53$0.19$4.32$4.46$0.13
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$1.22$0.33$3.94$4.05$0.11
2021Detailed filing. Detailed filing data is available for this year.$1.48$1.05$0.43$3.70$4.28$0.58
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.62$0.61$1.01$5.23$4.94$0.29
2018Summary only. Only limited summary data is available for this year.$2.47$1.60$0.87$7.20$7.56$0.36
2017Summary only. Only limited summary data is available for this year.$2.90$1.75$1.15$6.90$7.16$0.26
2016Summary only. Only limited summary data is available for this year.$2.23$0.82$1.41$7.62$7.24$0.38
2015Summary only. Only limited summary data is available for this year.$2.63$1.60$1.03$6.77$4.60$2.16
2014Summary only. Only limited summary data is available for this year.$1.92$3.05$1.13$6.42$6.98$0.56
2013Summary only. Only limited summary data is available for this year.$2.84$3.41$0.57$5.99$5.61$0.37
2012Summary only. Only limited summary data is available for this year.$2.08$3.02$0.94$5.84$8.42$2.58
2011Summary only. Only limited summary data is available for this year.$2.19$0.55$1.63$4.18$4.42$0.24
2010Summary only. Only limited summary data is available for this year.$1.87$0.00$1.87$4.02$4.12$0.10
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)6 • <$500k nonprofits