Civic Intelligence

Building Owners and Managers Association of Austin

990 • Fiscal year 2016 • EIN 74-2302456

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

103 N West DrLeander, TX 78641

(512) 529-5070

Siviq Scores

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

Liabilities / Assets

77th percentile

0.15x

Higher debt load relative to assets than 77% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

84th percentile

0.18x

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

11th percentile

-23%

Higher net margin than 11% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

83rd percentile

$43,177

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 12.1% of source-year revenue.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

16th percentile

-21%

Faster asset growth than 16% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

99th percentile

537%

Faster revenue growth than 99% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$444,475

Down $117,316 (-21%) from 2015

Net Assets

Up

$378,496

Up $5,555 (+1.5%) from 2015

Liabilities

Down

$65,979

Down $122,871 (-65%) from 2015

Revenue

Up

$356,851

Up $300,853 (+537%) from 2015

Expenses

Up

$439,004

Up $374,659 (+582%) from 2015

Net Income

Down

-$82,153

Down $73,806 (-884%) from 2015

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2013: $355,187Liabilities 2013: $53,050Net Assets 2013: $302,1372013Assets 2014: $417,099Liabilities 2014: $62,660Net Assets 2014: $354,4392014Assets 2015: $561,791Liabilities 2015: $188,850Net Assets 2015: $372,9412015Assets 2016: $444,475Liabilities 2016: $65,979Net Assets 2016: $378,4962016Assets 2017: $523,042Liabilities 2017: $141,774Net Assets 2017: $381,2682017Assets 2018: $449,573Liabilities 2018: $108,871Net Assets 2018: $340,7022018Assets 2019: $519,217Liabilities 2019: $139,104Net Assets 2019: $380,1132019Assets 2020: $454,431Liabilities 2020: $50,498Net Assets 2020: $403,9332020Assets 2021: $418,557Liabilities 2021: $33,257Net Assets 2021: $385,3002021Assets 2022: $433,150Liabilities 2022: $114,435Net Assets 2022: $318,7152022Assets 2023: $562,219Liabilities 2023: $110,117Net Assets 2023: $452,1022023Assets 2024: $605,683Liabilities 2024: $182,489Net Assets 2024: $423,1942024

Highlighted filing

2016

Assets$444,475
Liabilities$65,979
Net Assets$378,496

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $254,772Expenses 2013: $262,209Net Income 2013: -$7,4372013Revenue 2014: $373,073Expenses 2014: $313,645Net Income 2014: $59,4282014Revenue 2015: $55,998Expenses 2015: $64,345Net Income 2015: -$8,3472015Revenue 2016: $356,851Expenses 2016: $439,004Net Income 2016: -$82,1532016Revenue 2017: $538,242Expenses 2017: $555,514Net Income 2017: -$17,2722017Revenue 2018: $503,448Expenses 2018: $531,525Net Income 2018: -$28,0772018Revenue 2019: $490,591Expenses 2019: $486,519Net Income 2019: $4,0722019Revenue 2020: $321,290Expenses 2020: $338,754Net Income 2020: -$17,4642020Revenue 2021: $370,176Expenses 2021: $421,884Net Income 2021: -$51,7082021Revenue 2022: $391,616Expenses 2022: $458,201Net Income 2022: -$66,5852022Revenue 2023: $901,688Expenses 2023: $768,301Net Income 2023: $133,3872023Revenue 2024: $632,098Expenses 2024: $661,006Net Income 2024: -$28,9082024

Highlighted filing

2016

Revenue$356,851
Expenses$439,004
Net Income-$82,153
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$449,727
Mission and Program Overview

Mission

To promote the highest ethical and professional standards in the commercial real estate industry.

BOMA Austin promotes the highest ethical and professional standards in the commercial real estate industry and supports its members and the community through advocacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$266,056$0▼ $266,056
Investments in Publicly Traded Securities-$251,291-
Cash and Non-Interest-Bearing Accounts$193,321$0▼ $193,321
Savings and Temporary Cash Investments-$181,725-
Accounts Receivable$71,696$11,459▼ $60,237
Prepaid Expenses and Deferred Charges$6,564$0▼ $6,564
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$561,791$444,475▼ $117,316
Other Assets Total$24,154$0▼ $24,154
Liabilities
Other Liabilities$105,883--
Deferred Revenue$82,967$45,235▼ $37,732
Accounts Payable and Accrued Expenses-$20,744-
Total Liabilities$188,850$65,979▼ $122,871
Net Assets / Fund Balance
Unrestricted Net Assets$372,941$378,496▲ $5,555
Total Net Assets Fund Balance$372,941$378,496▲ $5,555
Total Liabilities and Net Assets / Fund Balance$561,791$444,475▼ $117,316
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen ShepardExec DirectorFT$40,503$2,674$43,177

Board Members and Trustees

NameTitle
Pat GoernerPresident
Sammie BakerPresident Elect
Heather HaneyVice President
Belinda HolecampDirector
Chad WilliamsDirector
Crystal GreenDirector
David EnglundDirector
Dorothy BinderDirector
Jasmine PorterDirector
Jennifer FlynnDirector
John SuttonDirector
Karisa JohnsonDirector
Kathy McDuffieDirector
Molly MacMillanDirector
Carolyn PriceCFO
Kristin ChavarriaSec/Treas

Highest Paid Contractors

ContractorServicesLocationCompensation
CMP Management IncManagement Services103 N West Dr, Leander, TX 78641$119,972
Revenue and Support

Revenue Composition

Contributions and Grants
$109,260
Program Service Revenue
$267,373
Investment Income
$8,778
Other Revenue
$-28,560
All Other Contributions
$25,571
Change in Net Assets
$-82,153
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$382,224
Salaries, Compensation, and Employee Benefits$55,280
Grants and Similar Amounts Paid$1,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$119,972
Conferences and Meetings---$95,932
Current Officers, Directors, Trustees, and Key Employees---$49,250
Advertising---$8,502
Other Expenses---$8,286
Fees for Services Accounting---$8,231
All Other Expenses---$7,694
Office Expenses---$5,555
Payroll Taxes---$3,356
Other Employee Benefits---$2,674
Insurance---$2,420
Grants to Domestic Orgs---$1,500
Total Functional Expenses$0$0$0$439,004
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$92,876
Fundraising Gross Income$52,884
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$76,637$34,269$56,909$-22,640
Shootout$59,936$18,615$35,967$-17,352
Total Events$136,573$52,884$92,876$-39,992
Political and Lobbying Activity
Political campaign activity
No
Lobbying 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$27,495
Total Nondeductible Lobbying and Political Cost$27,495
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

BOMA Austin has delegated all duties commonly performed by the Executive Director and staff of a non-profit organization to a management company. These duties include: Executive management, Board/Committee governance and support, membership services, publications and marketing, education course management, course coordination and support, website content and management, event management and support, accounting, and general administrative services.

Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents

The bylaws were amended to (a) remove the requirement for a membership application to be approved by a majority vote of the Board of Directors; (b) revise the membership period from anniversary date to calendar year; (c) revise membership categories; (d) revise the timing of the Annual Meeting from November to December; (e) revise the composition of the Board of Directors; (f) revise the number and composition of Officers; (g) adds and defines the role of the Executive Director; (h) adds two standing committees; (i) adds a requirement for the Association to purchase insurance; and (j) adds requirements for compliance and representatives with BOMA International and BOMA Texas.

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Principal: Individuals representing business entities in the business of owning, managing, developing, leasing or controlling real property.Allied: Individuals representing business entities that manufacture, distribute and/or supply products or services to the commercial real estate industry.Professional: Members of recognized professions associated with the commercial real estate industry as defined by the Membership Policy.Special: Individuals meeting the qualifications of Principal members, except that such individuals are either (1) associated with a business entity that will not support membership in the Association, or (2) a Principal representative who has left his/her position in the commercial real estate industry and is seeking continued employment in the industry. This membership category is approved at the sole discretion of the Board of Directors.Non-Voting Membership - Affiliate: The Board of Directors may invite other individuals and individual representatives of other entities interested in supporting the Association and the betterment of the commercial real estate industry by contributions or other support.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

The Board is elected by voting members at the December annual meeting.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

The membership votes and approves the three officers (President, Vice President, and Secretary/Treasurer) and any amendments to bylaws.

Form 990, Part VI, Line 11B: Form 990 Review Process

The Board of Directors reviews the Form 990 at a monthly meeting prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The Board of Directors is required to sign an annual form detailing potential conflicts of interest. Members of the Board are asked to disclose any conflict at the time of any significant vote by the Board.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Certain other documents available upon request.

Filing and Contact Details

Filer

Filer Name
Building Owners and Managers
EIN
74-2302456
Phone
5125295070
Address
103 N West Dr, Leander, TX 78641

Signing Officer

Name
Sammie Baker
Title
President
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sammie Baker
Formed
1974
Legal Domicile
TX
Voting Board Members
15
Independent Board Members
15
Employees
1
Volunteers
95

Preparer

Firm
Dunagan Jack LLP
Address
3724 Jefferson Street Suite 307, Austin, TX 78731
Preparer
Nicole Powell
Phone
5124208997
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Sec/Treas
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IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Exec Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16CFO
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IRS990/FormationYr01974
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IRS990/FSAuditedInd0false
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IRS990/FundraisingGrossIncomeAmt052884
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IRS990/InsuranceGrp/TotalAmt02420
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IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0BOMA Austin promotes the highest ethical and professional standards in the commercial real estate industry and supports its members and the community through advocacy.
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
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IRS990/OfficeExpensesGrp/TotalAmt05555
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IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherAssetsTotalGrp/BOYAmt024154
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02674
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IRS990/OtherExpensesGrp/Desc1Course and designation fees
IRS990/OtherExpensesGrp/Desc2Professional services
IRS990/OtherExpensesGrp/Desc3Bank and credit card fees
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IRS990/OtherExpensesGrp/TotalAmt118282
IRS990/OtherExpensesGrp/TotalAmt217145
IRS990/OtherExpensesGrp/TotalAmt38286
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt03356
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06564
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Sammie Baker
IRS990/PriorPeriodAdjustmentsAmt087155
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Luncheons and seminars
IRS990/ProgramServiceRevenueGrp/Desc1Membership Dues & Assessments
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1185125
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt233045
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt049203
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1185125
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt233045
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03445
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt064345
IRS990/PYOtherRevenueAmt036945
IRS990/PYProgramServiceRevenueAmt015608
IRS990/PYRevenuesLessExpensesAmt0-8347
IRS990/PYTotalExpensesAmt064345
IRS990/PYTotalRevenueAmt055998
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-82153
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0181725
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleC/DuesAssessmentsAmt0185125
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IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt083689
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt042368
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt041321
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt092876
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf Tournament
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Shootout
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt076637
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt059936
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0136573
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt034269
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt018615
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt052884
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-39992
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt092876
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt056909
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt035967
IRS990/ScheduleJRequiredInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.06$1.82$4.23$6.32$6.61$0.29
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.62$1.10$4.52$9.02$7.68$1.33
2022Summary only. Only limited summary data is available for this year.$4.33$1.14$3.19$3.92$4.58$0.67
2021Summary only. Only limited summary data is available for this year.$4.19$0.33$3.85$3.70$4.22$0.52
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.54$0.50$4.04$3.21$3.39$0.17
2019Summary only. Only limited summary data is available for this year.$5.19$1.39$3.80$4.91$4.87$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.50$1.09$3.41$5.03$5.32$0.28
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.23$1.42$3.81$5.38$5.56$0.17
2016Detailed filing. Detailed filing data is available for this year.$4.44$0.66$3.78$3.57$4.39$0.82
2015Summary only. Only limited summary data is available for this year.$5.62$1.89$3.73$0.56$0.64$0.08
2014Summary only. Only limited summary data is available for this year.$4.17$0.63$3.54$3.73$3.14$0.59
2013Summary only. Only limited summary data is available for this year.$3.55$0.53$3.02$2.55$2.62$0.07