Civic Intelligence

Greater Minneapolis Building Owners & Managers Association

EIN 41-0668016 • 501(c)6 • Minneapolis, MN

View Organization Page

Profile

Advocacy, education and networking for commercial real estate professionals.

50 S 6th Street 1301Minneapolis, MN 55402-1503

www.bomampls.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.24x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

47th percentile

0.27x

Higher debt load relative to revenue than 47% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

80th percentile

17%

Higher net margin than 80% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

31st percentile

$205,700

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 19.8% of source-year revenue.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Asset Growth

71st percentile

11%

Faster asset growth than 71% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

52nd percentile

6.3%

Faster revenue growth than 52% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$1,175,634

Up $116,622 (+11%) from 2023

Liabilities

Down

$278,860

Down $55,496 (-17%) from 2023

Net Assets

Up

$896,774

Up $172,118 (+24%) from 2023

Operations
Liabilities / Revenue47th percentileNet Margin80th percentile

Revenue

Up

$1,039,762

Up $61,908 (+6.3%) from 2023

Expenses

Down

$867,379

Down $125,861 (-13%) from 2023

Net Income

Up

$172,383

Up $187,769 (+1220%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth71st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2010: $809,188Liabilities 2010: $376,466Net Assets 2010: $432,7222010Assets 2011: $773,414Liabilities 2011: $364,753Net Assets 2011: $408,6612011Assets 2012: $876,409Liabilities 2012: $397,933Net Assets 2012: $478,4762012Assets 2013: $964,258Liabilities 2013: $398,860Net Assets 2013: $565,3982013Assets 2014: $1,133,751Liabilities 2014: $464,374Net Assets 2014: $669,3772014Assets 2015: $1,037,628Liabilities 2015: $295,020Net Assets 2015: $742,6082015Assets 2016: $1,154,030Liabilities 2016: $409,483Net Assets 2016: $744,5472016Assets 2017: $1,199,145Liabilities 2017: $411,289Net Assets 2017: $787,8562017Assets 2018: $1,157,709Liabilities 2018: $481,970Net Assets 2018: $675,7392018Assets 2019: $1,098,817Liabilities 2019: $364,682Net Assets 2019: $734,1352019Assets 2020: $1,159,047Liabilities 2020: $363,225Net Assets 2020: $795,8222020Assets 2021: $1,087,906Liabilities 2021: $279,653Net Assets 2021: $808,2532021Assets 2022: $892,167Liabilities 2022: $175,975Net Assets 2022: $716,1922022Assets 2023: $1,059,012Liabilities 2023: $334,356Net Assets 2023: $724,6562023Assets 2024: $1,175,634Liabilities 2024: $278,860Net Assets 2024: $896,7742024

Highlighted filing

2024

Assets$1,175,634
Liabilities$278,860
Net Assets$896,774
Open 2024 Filing

Operations Trend

Revenue Growth52nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $783,1362010Expenses 2011: $852,2972011Expenses 2012: $847,3032012Revenue 2013: $948,702Expenses 2013: $894,563Net Income 2013: $54,1392013Revenue 2014: $963,549Expenses 2014: $859,112Net Income 2014: $104,4372014Revenue 2015: $958,800Expenses 2015: $861,126Net Income 2015: $97,6742015Revenue 2016: $956,824Expenses 2016: $976,514Net Income 2016: -$19,6902016Revenue 2017: $932,380Expenses 2017: $916,399Net Income 2017: $15,9812017Revenue 2018: $895,150Expenses 2018: $943,501Net Income 2018: -$48,3512018Revenue 2019: $914,972Expenses 2019: $897,461Net Income 2019: $17,5112019Revenue 2020: $858,755Expenses 2020: $822,720Net Income 2020: $36,0352020Revenue 2021: $899,811Expenses 2021: $923,521Net Income 2021: -$23,7102021Revenue 2022: $960,487Expenses 2022: $939,337Net Income 2022: $21,1502022Revenue 2023: $977,854Expenses 2023: $993,240Net Income 2023: -$15,3862023Revenue 2024: $1,039,762Expenses 2024: $867,379Net Income 2024: $172,3832024

Highlighted filing

2024

Revenue$1,039,762
Expenses$867,379
Net Income$172,383
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,175,634
Liabilities
$278,860
Net assets
$896,774
Revenue
$1,039,762
Expenses
$867,379
Net income
$172,383
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.28$0.90$1.04$0.87$0.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.33$0.72$0.98$0.99$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.18$0.72$0.96$0.94$0.02
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.09$0.28$0.81$0.90$0.92$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.36$0.80$0.86$0.82$0.04
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.10$0.36$0.73$0.91$0.90$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.48$0.68$0.90$0.94$0.05
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.41$0.79$0.93$0.92$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.15$0.41$0.74$0.96$0.98$0.02
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.04$0.30$0.74$0.96$0.86$0.10
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.46$0.67$0.96$0.86$0.10
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.96$0.40$0.57$0.95$0.89$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.40$0.48$0.85
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.36$0.41$0.85
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.38$0.43$0.78
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 2, 2025
Return Version
2024v5.2
Gross Receipts
$8,110,962
Mission and Program Overview

Mission

The mission of boma greater minneapolis is to provide advocacy and education for commercial real estate.

Business association for real estate managers

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$709,050$892,278▲ $183,228
Cash and Non-Interest-Bearing Accounts$163,352$118,218▼ $45,134
Prepaid Expenses and Deferred Charges$197$35,638▲ $35,441
Accounts Receivable$13,705--
Land, Buildings, and Equipment, Net$12,723$0▼ $12,723
Savings and Temporary Cash Investments$10,438$10,538▲ $100
Total Assets$1,059,012$1,175,634▲ $116,622
Other Assets Total$149,547$118,962▼ $30,585
Liabilities
Other Liabilities$150,181$121,301▼ $28,880
Accounts Payable and Accrued Expenses$110,058$103,837▼ $6,221
Deferred Revenue$74,117$53,722▼ $20,395
Total Liabilities$334,356$278,860▼ $55,496
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$724,656$896,774▲ $172,118
Total Net Assets Fund Balance$724,656$896,774▲ $172,118
Total Liabilities and Net Assets / Fund Balance$1,059,012$1,175,634▲ $116,622

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$0$163,608$163,608
Equipment$0$154,055$154,055
Other Assets Org$118,962--
Compensation and Service Providers
Top Officer Pay31st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sarah AndersonPresident/CEOFT$179,666$26,034$205,700

Board Members and Trustees

NameTitle
Lee DavisBoard Chair
Deborah KolarPast Chair
Alexx SmithBoard Vice Chair
Seth RedfieldBoard Treasurer
Adam WardenDirector
Ben YarbroughDirector
Darrell BerryDirector
John BoichDirector
Kevin RolfesDirector
Laurie PaquetteDirector
Monique SlaughterDirector
Nathan ReedDirector
Raymond VaughnDirector
Ryan MorrisDirector
Tami ShroyerDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$853,043
Investment Income
$92,513
Other Revenue
$94,206
Change in Net Assets
$172,383
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$506,441
Salaries, Compensation, and Employee Benefits$345,438
Grants and Similar Amounts Paid$15,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$205,540
Other Salaries and Wages---$105,413
Payments to Affiliates---$89,820
Conferences and Meetings---$76,395
Fees for Services Legal---$65,226
Occupancy---$61,839
Fees for Services Other---$45,225
Fees for Services Accounting---$29,770
All Other Expenses---$25,603
Information Technology---$23,147
Payroll Taxes---$21,828
Other Expenses---$15,801
Grants to Domestic Individuals---$15,500
Depreciation Depletion---$12,723
Other Employee Benefits---$12,657
Fees for Service Investment Mgmnt Fees---$8,920
Office Expenses---$5,526
Insurance---$2,519
Travel---$1,874
Total Functional Expenses$0$0$0$867,379
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$289,566
Fundraising Direct Expenses$195,360
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala - Best of Boma$142,803$142,803$31,282$111,521
Golf Tournament$76,161$76,161$3,428$72,733
Total Events$289,566$289,566$195,360$94,206
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$37,044
Current Year Nondeductible Lobbying and Political Cost$20,441
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Obligation$121,301
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Greater minneapolis building owners and managers assn's members are commercial real estate owners, property managers and service providers.”

Form 990, Part VI, Section A, Line 7A

“The organization's members elect its board of directors at the organization's annual meeting.”

Form 990, Part VI, Section A, Line 7B

“Amendments to the organization's bylaws must be approved by the organization's members.”

Form 990, Part VI, Section B, Line 11B

“Form 990 is reviewed by the president/ceo, prior to the form's filing with the internal revenue service. It is also shared with the board.”

Form 990, Part VI, Section B, Line 12C

“Board members are required to disclose any potential conflicts of interest contemporaneous with board action. Detailed procedures are outlined in the organization's written conflict of interest policy.”

Form 990, Part VI, Section B, Line 15

“The board of directors has delegated accountability for personnel compensation administration to the executive committee. Increases in compensation for existing executives should be governed by cost of living factors and acceptable standards for rewarding performance in the position. Salary increases or bonuses in excess of the norm should be justified and documented, and surveys should be conducted every three to five years to assure that compensation remains within a competitive range.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Greater Minneapolis Building Owners and
EIN
41-0668016
Phone
6123388627
Address
50 S 6TH STREET 1301, MINNEAPOLIS, MN 55402-1503

Signing Officer

Name
Sarah Anderson
Title
President/CEO
Phone
6123388627
Signed
2025-07-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Anderson
Formed
1948
Legal Domicile
Mn
Voting Board Members
15
Independent Board Members
15
Employees
5
Volunteers
0

Preparer

Firm
Olsen Thielen & Co Ltd
Address
2675 LONG LAKE ROAD, ST PAUL, MN 55113
Preparer
Ryan Vettrus CPA
Phone
6514834521
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Asc 740 statement from reviewed financial statements: the association is classified as a tax-exempt organization under section 501(c)(6) of the internal revenue code and is subject to federal and state income tax only on net unrelated business income which is primarily advertising revenue in publications. The association made income tax payments of $1,900 in 2024 and $4,550 in 2023. The association reviews income tax positions taken or expected to be taken in income tax returns to determine if there are any income tax uncertainties. This includes positions that the association is exempt from income taxes or not subject to income taxes on unrelated business income. The association recognizes tax benefits from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by taxing authorities, based on the technical merits of the positions. The association has identified no significant income tax uncertainties.”

Raw XML AppendixShowing 400 of 499 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
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0110058
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0103837
IRS990/AccountsReceivableGrp/BOYAmt013705
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0BUSINESS ASSOCIATION FOR REAL ESTATE MANAGERS
IRS990/AllOtherExpensesGrp/TotalAmt025603
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum06123388627
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt050 S 6TH STREET 1301
IRS990/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0554021503
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0163352
IRS990/CashNonInterestBearingGrp/EOYAmt0118218
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0205540
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt076395
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt015500
IRS990/CYInvestmentIncomeAmt092513
IRS990/CYOtherExpensesAmt0506441
IRS990/CYOtherRevenueAmt094206
IRS990/CYProgramServiceRevenueAmt0853043
IRS990/CYRevenuesLessExpensesAmt0172383
IRS990/CYSalariesCompEmpBnftPaidAmt0345438
IRS990/CYTotalExpensesAmt0867379
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01039762
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt074117
IRS990/DeferredRevenueGrp/EOYAmt053722
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt012723
IRS990/Desc0THE ASSOCIATION PROVIDES EDUCATIONAL PROGRAMS AND SERVICES RELATIVE TO THE OWNERSHIP AND OPERATIONS OF BUILDINGS TO ITS MEMBERS. THE ASSOCIATION HELD APPROXIMATELY 32 EDUCATIONAL MEETINGS/SESSIONS PROVIDING A TOTAL OF 161 CEU'S TO OUR MEMBERS. WE HELD 10 NETWORKING EVENTS FOR OUR MEMBERS, INCLUDING A GALA AWARDS EVENT. WE PUBLISHED 6 NEWSLETTERS. DURING 2024, THE ORGANIZATION HAD 458 INDIVIDUAL MEMBERS, 200 BUILDING MEMBERS, AND 161 ENGINEERS ASSOCIATION MEMBERS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt029770
IRS990/FeesForServicesLegalGrp/TotalAmt065226
IRS990/FeesForServicesOtherGrp/TotalAmt045225
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt08920
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
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IRS990/Form990PartVIISectionAGrp/PersonNm4KEVIN ROLFES
IRS990/Form990PartVIISectionAGrp/PersonNm5DEBORAH KOLAR
IRS990/Form990PartVIISectionAGrp/PersonNm6ALEXX SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm7LEE DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm8JOHN BOICH
IRS990/Form990PartVIISectionAGrp/PersonNm9SETH REDFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm10NATHAN REED
IRS990/Form990PartVIISectionAGrp/PersonNm11BEN YARBROUGH
IRS990/Form990PartVIISectionAGrp/PersonNm12TAMI SHROYER
IRS990/Form990PartVIISectionAGrp/PersonNm13DARRELL BERRY
IRS990/Form990PartVIISectionAGrp/PersonNm14RYAN MORRIS
IRS990/Form990PartVIISectionAGrp/PersonNm15SARAH ANDERSON
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT/CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01948
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt0195360
IRS990/FundraisingGrossIncomeAmt0289566
IRS990/GainOrLossGrp/SecuritiesAmt054869
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt015500
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt06930709
IRS990/GrossReceiptsAmt08110962
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt023147
IRS990/InsuranceGrp/TotalAmt02519
IRS990/InvestmentIncomeGrp/ExclusionAmt037644
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt037644
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0709050
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0892278
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0317663
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012723
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt0317663
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt06875840
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ADVOCACY, EDUCATION AND NETWORKING FOR COMMERCIAL REAL ESTATE PROFESSIONALS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0724656
IRS990/NetAssetsOrFundBalancesEOYAmt0896774
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt054869
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt054869
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt094206
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt094206
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-265
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0724656
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0896774
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt061839
IRS990/OfficeExpensesGrp/TotalAmt05526
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0149547
IRS990/OtherAssetsTotalGrp/EOYAmt0118962
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012657
IRS990/OtherExpensesGrp/Desc0INCOME TAX
IRS990/OtherExpensesGrp/Desc1BOMI CLASS EXPENSE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3BANK FEES
IRS990/OtherExpensesGrp/TotalAmt0700
IRS990/OtherExpensesGrp/TotalAmt124920
IRS990/OtherExpensesGrp/TotalAmt216433
IRS990/OtherExpensesGrp/TotalAmt315801
IRS990/OtherLiabilitiesGrp/BOYAmt0150181
IRS990/OtherLiabilitiesGrp/EOYAmt0121301
IRS990/OtherSalariesAndWagesGrp/TotalAmt0105413
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt089820
IRS990/PayrollTaxesGrp/TotalAmt021828
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0197
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt035638
IRS990/PrincipalOfficerNm0SARAH ANDERSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4531390
IRS990/ProgramServiceRevenueGrp/Desc0MEMBER DUES
IRS990/ProgramServiceRevenueGrp/Desc1MEETINGS & SEMINARS
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/Desc3BOMI CLASSES
IRS990/ProgramServiceRevenueGrp/Desc4MEMBER EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0662071
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt184836
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt233490
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt325551
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt425438
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0662071
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt184836
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt233490
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt325551
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt425438
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt061070
IRS990/PYOtherExpensesAmt0561869
IRS990/PYOtherRevenueAmt046011
IRS990/PYProgramServiceRevenueAmt0870773
IRS990/PYRevenuesLessExpensesAmt0-15386
IRS990/PYSalariesCompEmpBnftPaidAmt0431371
IRS990/PYTotalExpensesAmt0993240
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0977854
IRS990/ReconcilationRevenueExpnssAmt0172383
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010438
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010538
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AggregateReportedDuesNtcAmt020392
IRS990ScheduleC/AgreeCarryoverPriorYearInd01
IRS990ScheduleC/CarriedOverAmt016652
IRS990ScheduleC/DuesAssessmentsAmt0662071
IRS990ScheduleC/NonDedLbbyngPltclCyovAmt016603
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt020441
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt037044
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0154055
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0154055
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0163608
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0163608
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0118962
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPERATING LEASE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0121301
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE OBLIGATION
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ASC 740 STATEMENT FROM REVIEWED FINANCIAL STATEMENTS: THE ASSOCIATION IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND IS SUBJECT TO FEDERAL AND STATE INCOME TAX ONLY ON NET UNRELATED BUSINESS INCOME WHICH IS PRIMARILY ADVERTISING REVENUE IN PUBLICATIONS. THE ASSOCIATION MADE INCOME TAX PAYMENTS OF $1,900 IN 2024 AND $4,550 IN 2023. THE ASSOCIATION REVIEWS INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS TO DETERMINE IF THERE ARE ANY INCOME TAX UNCERTAINTIES. THIS INCLUDES POSITIONS THAT THE ASSOCIATION IS EXEMPT FROM INCOME TAXES OR NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME. THE ASSOCIATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE ASSOCIATION HAS IDENTIFIED NO SIGNIFICANT INCOME TAX UNCERTAINTIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0118962
IRS990ScheduleD/TotalLiabilityAmt0121301
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0195360
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt06100
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt06100
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA - BEST OF BOMA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt043557
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt027583
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt026965
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt098105
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0142803
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt076161
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt070602
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0289566
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0142803
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt076161
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt070602
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0289566
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt094206
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt01379
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesOtherEventsAmt0950
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt02329
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt04380
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt039090
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt031282
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt03428
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt012690
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt019825
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt017221
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt049736
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt015500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt012
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0BOMA REGULARLY AWARDS SCHOLARSHIPS TO STUDENTS FINISHING REAL ESTATE AND BUILDING ENGINEER DEGREES FOCUSING ON CAREERS IN CRE. RECIPIENTS ARE DETERMINED BY A SUBCOMMITTEE OF OUR EMERGING LEADERS COUNCIL AND IN CONJUCTION WITH ADVISORS OF THE COLLEGE PROGRAMS AT UST, SCSU, STOUT AND MCTC. AMOUNTS ARE DISTRIBUTED IN ONE CHECK AWARDED AT AN ANNUAL MEETING ATTENDED BY BOMA MEMBERS, STUDENTS AND COLLEGE ADVISORS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0179666
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt014377
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt011657
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SARAH ANDERSON

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