Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Building Owners & Managers
990EZ • Fiscal year 2020 • EIN 38-2137517
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.22x
Liabilities / Revenue
81st percentile
Higher debt load relative to revenue than 81% of similar nonprofits.
Net Margin
63rd percentile
Higher net margin than 63% of similar nonprofits.
Top Officer Pay
70th percentile
Higher top officer pay than 70% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
6th percentile
Faster asset growth than 6% of similar nonprofits.
Revenue Growth
38th percentile
Faster revenue growth than 38% of similar nonprofits.
Balance Sheet
Assets
Down$59,725
Down $55,076 (-48%) from 2019
Net Assets
Up$46,429
Up $6,388 (+16%) from 2019
Liabilities
Down$13,296
Down $61,464 (-82%) from 2019
Revenue And Expenses
Revenue
Down$57,881
Down $24,822 (-30%) from 2019
Expenses
Down$51,491
Down $18,716 (-27%) from 2019
Net Income
Down$6,390
Down $6,106 (-49%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Jan 31, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $57,881
Mission and Program Overview
Mission
To improve conditions pertaining to the ownership and operation of the buildings represented in the membership of this association; to secure for its members the benefits of discussion and cooperation respecting matters of common interest; and to promote by every means, the welfare of the industry these properties represent.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROMOTE THE INTERESTS OF THE COMMERCIAL REAL ESTATE INDUSTRY THROUGH SPONSORSHIPS, NEWSLETTERS, WORKSHOPS & EDUCATIONAL LUNCHEONS. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ALEX PITT | Vice-Pres/Se | - | $0 | - | - |
| CAROL HELSEL | Trustee | - | $0 | - | - |
| ELIZABETH SLANE | Trustee | - | $0 | - | - |
| GLORIA LUBBEN | Trustee | - | $0 | - | - |
| JERRY RULAND | Trustee | - | $0 | - | - |
| KARA HEYBOER | Trustee | - | $0 | - | - |
| KYLE SISCHO | Treasurer | - | $0 | - | - |
| MICHELLE MELLON | Trustee | - | $0 | - | - |
| MONICA STEIMLE | Trustee | - | $0 | - | - |
| PATRICK DRUEKE | Past Preside | - | $0 | - | - |
| SPENCER OLSON | President | - | $0 | - | - |
| JUDY JACKSON | Association | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Building Owners & Managers Assoc
- EIN
- 38-2137517
- Phone
- 6163010091
- Address
- PO BOX 68731, GRAND RAPIDS, MI 49516
Signing Officer
- Name
- Spencer Olson
- Title
- President
- Phone
- 6163010091
- Signed
- 2021-01-31
- Discuss with paid preparer
- Yes
Preparer
- Firm
- H&s Companies Pc
- Address
- PO BOX 9, FREMONT, MI 49412
- Preparer
- Daniel R Slate
- Phone
- 2319246890
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Other revenue 27 total 27”
Form 990-ez, Part I, Line 16
“Expenses marketing 402 office supplies 3,903 board expense 54 membership expense 17,097 credit fees 897 lunch meeting expense 2,133 bad debt 390 total 24,876”
Form 990-ez, Part I, Line 20
“OTHER DECREASES -1”
Form 990-ez, Part II, Line 24
“Accounts receivable 47,220 0 prepaid expenses and deferred charges 0 500 total 47,220 500”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 7,911 201 deferred revenue 66,850 13,095”
Form 990-ez, Part III
“To improve conditions pertaining to the ownership and operation of the buildings represented in the membership of this association; to secure for its members the benefits of discussion and cooperation respecting matters of common interest; and to promote by every means, the welfare of the industry these properties represent.”
Raw XML Appendix146 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | JUDY JACKSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6163010091 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 68731 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | GRAND RAPIDS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 49516 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 67581 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 59225 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 47000 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 6390 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 26615 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 114801 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 59725 |
| IRS990EZ/GrossReceiptsAmt | 0 | 57881 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 79 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 40040 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 46429 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 40040 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 46429 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 9 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 10 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 11 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 10 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 11 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ALEX PITT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | CAROL HELSEL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ELIZABETH SLANE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | GLORIA LUBBEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | JERRY RULAND |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | KARA HEYBOER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | KYLE SISCHO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | MICHELLE MELLON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | MONICA STEIMLE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 9 | PATRICK DRUEKE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 10 | SPENCER OLSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 11 | JUDY JACKSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | VICE-PRES/SE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 9 | PAST PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 10 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 11 | ASSOCIATION |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 47220 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 500 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -1 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 24876 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 27 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO IMPROVE CONDITIONS PERTAINING TO THE OWNERSHIP AND OPERATION OF THE BUILDINGS REPRESENTED IN THE MEMBERSHIP OF THIS ASSOCIATION; TO SECURE FOR ITS MEMBERS THE BENEFITS OF DISCUSSION AND COOPERATION RESPECTING MATTERS OF COMMON INTEREST; AND TO PROMOTE BY EVERY MEANS, THE WELFARE OF THE INDUSTRY THESE PROPERTIES REPRESENT. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 10775 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROMOTE THE INTERESTS OF THE COMMERCIAL REAL ESTATE INDUSTRY THROUGH SPONSORSHIPS, NEWSLETTERS, WORKSHOPS & EDUCATIONAL LUNCHEONS. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 74761 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 13296 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 51491 |
| IRS990EZ/TotalRevenueAmt | 0 | 57881 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationAssocInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.BOMAWM.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | OTHER REVENUE 27 TOTAL 27 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES MARKETING 402 OFFICE SUPPLIES 3,903 BOARD EXPENSE 54 MEMBERSHIP EXPENSE 17,097 CREDIT FEES 897 LUNCH MEETING EXPENSE 2,133 BAD DEBT 390 TOTAL 24,876 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | OTHER DECREASES -1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS RECEIVABLE 47,220 0 PREPAID EXPENSES AND DEFERRED CHARGES 0 500 TOTAL 47,220 500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 7,911 201 DEFERRED REVENUE 66,850 13,095 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | TO IMPROVE CONDITIONS PERTAINING TO THE OWNERSHIP AND OPERATION OF THE BUILDINGS REPRESENTED IN THE MEMBERSHIP OF THIS ASSOCIATION; TO SECURE FOR ITS MEMBERS THE BENEFITS OF DISCUSSION AND COOPERATION RESPECTING MATTERS OF COMMON INTEREST; AND TO PROMOTE BY EVERY MEANS, THE WELFARE OF THE INDUSTRY THESE PROPERTIES REPRESENT. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SPENCER OLSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6163010091 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-01-31 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BUILDING OWNERS & MANAGERS ASSOC |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | OF WEST MICHIGAN |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BUIL |
| ReturnHeader/Filer/EIN | 0 | 382137517 |
| ReturnHeader/Filer/PhoneNum | 0 | 6163010091 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 68731 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | GRAND RAPIDS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 49516 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 382563599 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | H&S COMPANIES PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 9 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | FREMONT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 49412 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2319246890 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-01-21 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DANIEL R SLATE |
| ReturnHeader/ReturnTs | 0 | 2021-03-25T17:48:14-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | SPENCER |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | OLSON |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $59,725
- Liabilities
- $13,296
- Net assets
- $46,429
- Revenue
- $57,881
- Expenses
- $51,491
- Net income
- $6,390