Civic Intelligence

Building Owners & Managers

990EZ • Fiscal year 2022 • EIN 38-2137517

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 07, 2023

PO Box 68731Grand Rapids, MI 49516

(616) 591-9355

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.53x

Higher debt load relative to assets than 92% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

98th percentile

1.06x

Higher debt load relative to revenue than 98% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

41st percentile

-1.8%

Higher net margin than 41% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

85th percentile

30%

Faster asset growth than 85% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

55th percentile

15%

Faster revenue growth than 55% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$96,053

Up $22,311 (+30%) from 2021

Net Assets

Down

$44,669

Down $877 (-1.9%) from 2021

Liabilities

Up

$51,384

Up $23,188 (+82%) from 2021

Revenue

Up

$48,454

Up $6,374 (+15%) from 2021

Expenses

Up

$49,331

Up $6,368 (+15%) from 2021

Net Income

Up

-$877

Up $6 (+0.7%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2016: $62,746Liabilities 2016: $45,941Net Assets 2016: $16,8052016Assets 2017: $76,711Liabilities 2017: $53,193Net Assets 2017: $23,5182017Assets 2018: $91,725Liabilities 2018: $64,182Net Assets 2018: $27,5432018Assets 2019: $114,801Liabilities 2019: $74,760Net Assets 2019: $40,0412019Assets 2020: $59,725Liabilities 2020: $13,296Net Assets 2020: $46,4292020Assets 2021: $73,742Liabilities 2021: $28,196Net Assets 2021: $45,5462021Assets 2022: $96,053Liabilities 2022: $51,384Net Assets 2022: $44,6692022Assets 2023: $84,920Liabilities 2023: $50,946Net Assets 2023: $33,9742023Assets 2024: $92,787Liabilities 2024: $59,174Net Assets 2024: $33,6132024

Highlighted filing

2022

Assets$96,053
Liabilities$51,384
Net Assets$44,669

Operations Trend

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

$100K$50K$0-$50KRevenue 2016: $54,271Expenses 2016: $49,979Net Income 2016: $4,2922016Revenue 2017: $64,706Expenses 2017: $57,991Net Income 2017: $6,7152017Revenue 2018: $69,806Expenses 2018: $65,783Net Income 2018: $4,0232018Revenue 2019: $82,703Expenses 2019: $70,207Net Income 2019: $12,4962019Revenue 2020: $57,881Expenses 2020: $51,491Net Income 2020: $6,3902020Revenue 2021: $42,080Expenses 2021: $42,963Net Income 2021: -$8832021Revenue 2022: $48,454Expenses 2022: $49,331Net Income 2022: -$8772022Revenue 2023: $39,109Expenses 2023: $49,804Net Income 2023: -$10,6952023Revenue 2024: $53,474Expenses 2024: $53,835Net Income 2024: -$3612024

Highlighted filing

2022

Revenue$48,454
Expenses$49,331
Net Income-$877
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 7, 2023
Return Version
2022v5.0
Gross Receipts
$59,205
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

DescriptionGrantsExpenses
PROMOTE THE INTERESTS OF THE COMMERCIAL REAL ESTATE INDUSTRY THROUGH SPONSORSHIPS, NEWSLETTERS, WORKSHOPS & EDUCATIONAL LUNCHEONS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CAROL HELSELPresident-$0--
MICHELLE MELLONDirector-$0--
JERRY RULANDDirector-$0--
MONICA STEIMLE-APPDirector-$0--
ALEX PITTDirector-$0--
STEVE ACHRAMDirector-$0--
CULLEN HILLARYDirector-$0--
BOBBY ROUSHDirector-$0--
KARA HEYBOERFormer President-$0--
SPENCER OLSONDirector-$0--
ALAN NICHOLSONTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Building Owners & Managers Association
EIN
38-2137517
Phone
6165919355
Address
PO BOX 68731, GRAND RAPIDS, MI 49516

Signing Officer

Name
Carol Helsel
Title
President
Phone
6165919355
Signed
2023-06-07
Discuss with paid preparer
Yes

Preparer

Firm
Dolinka Vannoord & Company Pllp
Address
360 EAST BELTLINE NE STE 200, GRAND RAPIDS, MI 49506-1208
Preparer
Craig Lawton
Phone
6164592233
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: interest income. Amount: 45.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: management fees. Amount: 20,440. Description: insurance. Amount: 1,544. Description: credit card fees. Amount: 673. Description: dues. Amount: 16,300. Description: cancellations. Amount: 1,725. Total to form 990-ez, line 16: 40,682.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 506. End of year amount: 7,784. Description: deferred income. Beg. Of year amount: 27,690. End of year amount: 43,600.

Raw XML Appendix166 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum06165919355
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 68731
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GRAND RAPIDS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
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IRS990EZ/ExcessOrDeficitForYearAmt0-877
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CAROL HELSEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MICHELLE MELLON
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MONICA STEIMLE-APP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ALEX PITT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6CULLEN HILLARY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9SPENCER OLSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10ALAN NICHOLSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt040682
IRS990EZ/OtherRevenueTotalAmt045
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO 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/PrintingPublicationsPostageAmt03274
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTE THE INTERESTS OF THE COMMERCIAL REAL ESTATE INDUSTRY THROUGH SPONSORSHIPS, NEWSLETTERS, WORKSHOPS & EDUCATIONAL LUNCHEONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt010751
IRS990EZ/SpecialEventsNetIncomeLossAmt0894
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MI
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt028196
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt051384
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt049331
IRS990EZ/TotalRevenueAmt048454
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://BOMAWM.WILDAPRICOT.ORG/
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 45.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MANAGEMENT FEES. AMOUNT: 20,440. DESCRIPTION: INSURANCE. AMOUNT: 1,544. DESCRIPTION: CREDIT CARD FEES. AMOUNT: 673. DESCRIPTION: DUES. AMOUNT: 16,300. DESCRIPTION: CANCELLATIONS. AMOUNT: 1,725. TOTAL TO FORM 990-EZ, LINE 16: 40,682.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 506. END OF YEAR AMOUNT: 7,784. DESCRIPTION: DEFERRED INCOME. BEG. OF YEAR AMOUNT: 27,690. END OF YEAR AMOUNT: 43,600.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CAROL HELSEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06165919355
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BUILDING OWNERS & MANAGERS ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OF WEST MICHIGAN
ReturnHeader/Filer/BusinessNameControlTxt0BUIL
ReturnHeader/Filer/EIN0382137517
ReturnHeader/Filer/PhoneNum06165919355
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 68731
ReturnHeader/Filer/USAddress/CityNm0GRAND RAPIDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049516
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382426290
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DOLINKA VANNOORD & COMPANY PLLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0360 EAST BELTLINE NE STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRAND RAPIDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0495061208
ReturnHeader/PreparerPersonGrp/PhoneNum06164592233
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CRAIG LAWTON
ReturnHeader/ReturnTs02023-07-10T10:38:05-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CAROL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HELSEL
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings