Civic Intelligence

Building Owners and Managers Association

990 • Fiscal year 2018 • EIN 77-0002091

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 09, 2019

75 E Santa Clara Street No 600San Jose, CA 95113

(408) 453-7222

Siviq Scores

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

Liabilities / Assets

89th percentile

0.38x

Higher debt load relative to assets than 89% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

93rd percentile

0.40x

Higher debt load relative to revenue than 93% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

7th percentile

-37%

Higher net margin than 7% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

92nd percentile

$75,459

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 18.0% of source-year revenue.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

52nd percentile

2.7%

Faster asset growth than 52% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

8th percentile

-36%

Faster revenue growth than 8% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$434,343

Up $11,602 (+2.7%) from 2017

Net Assets

Down

$268,043

Down $154,698 (-37%) from 2017

Liabilities

Up

$166,300

Up $166,300 from 2017

Revenue

Down

$418,570

Down $233,579 (-36%) from 2017

Expenses

Down

$573,268

Down $31,462 (-5.2%) from 2017

Net Income

Down

-$154,698

Down $202,117 (-426%) from 2017

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $337,047Liabilities 2010: $239,244Net Assets 2010: $97,8032010Assets 2011: $150,349Liabilities 2011: $80Net Assets 2011: $150,2692011Assets 2012: $166,293Liabilities 2012: $500Net Assets 2012: $165,7932012Assets 2013: $207,843Liabilities 2013: $10Net Assets 2013: $207,8332013Assets 2014: $242,838Liabilities 2014: $275Net Assets 2014: $242,5632014Assets 2015: $412,903Liabilities 2015: $785Net Assets 2015: $412,1182015Assets 2016: $375,322Liabilities 2016: $0Net Assets 2016: $375,3222016Assets 2017: $422,741Liabilities 2017: $0Net Assets 2017: $422,7412017Assets 2018: $434,343Liabilities 2018: $166,300Net Assets 2018: $268,0432018Assets 2019: $523,660Liabilities 2019: $237,778Net Assets 2019: $285,8822019Assets 2020: $483,748Liabilities 2020: $272,356Net Assets 2020: $211,3922020Assets 2021: $600,899Liabilities 2021: $263,045Net Assets 2021: $337,8542021Assets 2022: $573,102Liabilities 2022: $220,089Net Assets 2022: $353,0132022Assets 2023: $609,793Liabilities 2023: $215,763Net Assets 2023: $394,0302023Assets 2024: $581,458Liabilities 2024: $205,336Net Assets 2024: $376,1222024

Highlighted filing

2018

Assets$434,343
Liabilities$166,300
Net Assets$268,043

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $547,1952010Expenses 2011: $510,3862011Expenses 2012: $477,8712012Revenue 2013: $530,436Expenses 2013: $488,396Net Income 2013: $42,0402013Revenue 2014: $489,559Expenses 2014: $454,829Net Income 2014: $34,7302014Revenue 2015: $688,881Expenses 2015: $519,326Net Income 2015: $169,5552015Revenue 2016: $585,893Expenses 2016: $622,689Net Income 2016: -$36,7962016Revenue 2017: $652,149Expenses 2017: $604,730Net Income 2017: $47,4192017Revenue 2018: $418,570Expenses 2018: $573,268Net Income 2018: -$154,6982018Revenue 2019: $567,506Expenses 2019: $559,319Net Income 2019: $8,1872019Revenue 2020: $360,230Expenses 2020: $436,476Net Income 2020: -$76,2462020Revenue 2021: $584,433Expenses 2021: $462,471Net Income 2021: $121,9622021Revenue 2022: $568,392Expenses 2022: $547,313Net Income 2022: $21,0792022Revenue 2023: $627,067Expenses 2023: $586,050Net Income 2023: $41,0172023Revenue 2024: $608,828Expenses 2024: $626,736Net Income 2024: -$17,9082024

Highlighted filing

2018

Revenue$418,570
Expenses$573,268
Net Income-$154,698
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 9, 2019
Return Version
2018v3.1
Gross Receipts
$461,634
Mission and Program Overview

Mission

Represent and promote the interests of silicon valley commercial real estate through leadership, advocacy, education, professional development and the cultivation of relationships.

Association for those engaged in the ownership and operation of office buildings and other commercial real estate properties.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$422,216$362,772▼ $59,444
Accounts Receivable$525$43,340▲ $42,815
Prepaid Expenses and Deferred Charges-$28,231-
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$422,741$434,343▲ $11,602
Liabilities
Deferred Revenue-$166,300-
Total Liabilities$0$166,300▲ $166,300
Net Assets / Fund Balance
Unrestricted Net Assets$422,741$268,043▼ $154,698
Total Net Assets Fund Balance$422,741$268,043▼ $154,698
Total Liabilities and Net Assets / Fund Balance$422,741$434,343▲ $11,602

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$1,320$1,320
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sharon FredlundExecutive DirectorFT$65,056$10,403$75,459

Board Members and Trustees

NameTitle
Olga OrnelasPast President
Tiffany LauchlanPresident
Jonathan LederVice President
Brian ChavezDirector
Jaydee DelucaDirector
Noreen GillespieDirector
Tracy WardDirector
Steven DelmonicoAssociate Representative
Jennifer MauroSecretary
Latoya RossTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Association Management ServicesTransitional Management Services526 SE STREET, Santa Rosa, CA 95404$113,750
Revenue and Support

Revenue Composition

Contributions and Grants
$114,438
Program Service Revenue
$273,138
Investment Income
$305
Other Revenue
$30,689
Change in Net Assets
$-154,698
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$451,388
Salaries, Compensation, and Employee Benefits$118,880
Grants and Similar Amounts Paid$3,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$172,083
Fees for Services Management---$127,388
Current Officers, Directors, Trustees, and Key Employees---$65,428
Other Salaries and Wages---$26,298
Occupancy---$23,522
Other Employee Benefits---$18,394
Payroll Taxes---$8,760
Office Expenses---$6,568
Insurance---$5,004
Information Technology---$4,206
Fees for Services Other---$3,058
Grants to Domestic Individuals---$3,000
Fees for Services Accounting---$2,525
Travel---$1,418
Other Expenses---$461
Total Functional Expenses$0$0$0$573,268
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$64,423
Fundraising Direct Expenses$43,064
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Share Your Holiday$64,423$64,423$43,064$21,359
Total Events$64,423$64,423$43,064$21,359
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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
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, Part VI, Section B, Line 11B

A copy of completed form 990 was provided to the governing board after it was completed.

Form 990, Part VI, Section B, Line 15A

Salary is reviewed annually by human resource committee.

Form 990, Part VI, Section C, Line 19

The organization makes governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Building Owners and Managers Association
EIN
77-0002091
Phone
4084537222
Address
75 E SANTA CLARA STREET NO 600, SAN JOSE, CA 95113

Signing Officer

Name
Latoya Ross
Title
Treasurer
Phone
4084537222
Signed
2019-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Peralta
Formed
1983
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
2
Volunteers
80

Preparer

Firm
Boman Accounting Group Inc
Address
20 UNION AVENUE, CAMPBELL, CA 95008
Preparer
Lynda R Boman CPA
Phone
4088662004
Raw XML Appendix377 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.

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IRS990/Desc0COMMERCIAL TRADE ASSOCIATION ORGANIZED TO PROVIDE SERVICES TO THOSE EMPLOYED IN THE COMMERCIAL REAL ESTATE INDUSTRY, DEFINED AS "PRINCIPAL" MEMBERS: BUILDING OWNERS, PROPERTY MANAGERS AND/OR FACILITY MANAGERS, BUILDING ENGINEERS AND LEASING AGENTS.PROVIDE PROFESSIONAL AND EDUCATIONAL OPPORTUNITIES SUCH AS DESIGNATION LEVEL (RPA, FMA) AND PROFESSIONAL PRACTICE EDUCATIONAL CLASSES, WORKSHOPS AND SEMINARS AND DISSEMINATE INFORMATION. WE ALSO ACCEPT, AS "ASSOCIATE" MEMBERS THOSE WHO REPRESENT COMPANIES ENGAGED IN PROVIDING SERVICES AND/OR PRODUCTS TO THE "PRINCIPAL" MEMBER CATEGORY.AWARD THE TOBY AND EMERALD AWARDS FOR BEST PRACTICES IN COMMERCIAL REAL ESTATE MANAGEMENT AT THE ANNUAL CELEBRATION OF COMMERCIAL REAL ESTATE AWARDS DINNER.PUBLISH AN ONLINE MONTHLY NEWSLETTER AND OFFER MONTHLY NETWORKING LUNCHES, AND EDUCATION CLASSES AND WORKSHOPS THROUGHOUT THE YEAR WITH A MAJOR SPEAKER OR PANEL ADDRESSING SUBJECT MATTER PERTINENT TO THE COMMERCIAL REAL ESTATE INDUSTRY. PARTICIPATE IN COMMUNITY ACTIVITIES. CONTINUING ACTIVITIES CAN BE VIEWED AT OUR WEBSITE: WWW.BOMA-SV.ORG
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01320
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01320
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt043064
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SHARE YOUR HOLIDAY
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt064423
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt064423
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt064423
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt064423
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt021359
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt043064
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt043064
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF COMPLETED FORM 990 WAS PROVIDED TO THE GOVERNING BOARD AFTER IT WAS COMPLETED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SALARY IS REVIEWED ANNUALLY BY HUMAN RESOURCE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0422741
IRS990/TotalAssetsEOYAmt0434343
IRS990/TotalAssetsGrp/BOYAmt0422741
IRS990/TotalAssetsGrp/EOYAmt0434343
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0114438
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/TotalAmt0573268
IRS990/TotalGrossUBIAmt05525
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt0166300
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0166300
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0422741
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0268043
IRS990/TotalOtherCompensationAmt010403
IRS990/TotalProgramServiceRevenueAmt0273138
IRS990/TotalReportableCompFromOrgAmt065056
IRS990/TotalRevenueGrp/ExclusionAmt021664
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0276943
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0418570
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt05525
IRS990/TotalVolunteersCnt080
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0422741
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0434343
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt01418
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0422741
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0268043
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt075 E SANTA CLARA STREET NO 600
IRS990/USAddress/CityNm0SAN JOSE
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd095113
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.BOMA-SV.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LATOYA ROSS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04084537222
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BUILDING OWNERS AND MANAGERS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0BUIL
ReturnHeader/Filer/EIN0770002091
ReturnHeader/Filer/PhoneNum04084537222
ReturnHeader/Filer/USAddress/AddressLine1Txt075 E SANTA CLARA STREET NO 600
ReturnHeader/Filer/USAddress/CityNm0SAN JOSE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095113
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E79AFF56644196BD9842CC112B1FB42626D8FE35
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C566EFB1198DE22FE4C7A89DCF6FC9E5441E647B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.82.71.186
ReturnHeader/FilingSecurityInformation/IPDt02019-11-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm018:01:04
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263939360
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOMAN ACCOUNTING GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt020 UNION AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CAMPBELL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095008
ReturnHeader/PreparerPersonGrp/PhoneNum04088662004
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LYNDA R BOMAN CPA
ReturnHeader/ReturnTs02019-11-15T11:45:27-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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.$5.81$2.05$3.76$6.09$6.27$0.18
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.10$2.16$3.94$6.27$5.86$0.41
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.73$2.20$3.53$5.68$5.47$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.01$2.63$3.38$5.84$4.62$1.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.84$2.72$2.11$3.60$4.36$0.76
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.24$2.38$2.86$5.68$5.59$0.08
2018Detailed filing. Detailed filing data is available for this year.$4.34$1.66$2.68$4.19$5.73$1.55
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.23$0.00$4.23$6.52$6.05$0.47
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.75$0.00$3.75$5.86$6.23$0.37
2015Detailed filing. Detailed filing data is available for this year.$4.13$0.01$4.12$6.89$5.19$1.70
2014Detailed filing. Detailed filing data is available for this year.$2.43$0.00$2.43$4.90$4.55$0.35
2013Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$5.30$4.88$0.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.01$1.66$4.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.00$1.50$5.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.37$2.39$0.98$5.47
Peer Organizations

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