Civic Intelligence

Building Owners & Managers Association of Greater Los Angeles

990 • Fiscal year 2016 • EIN 95-0582340

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 10, 2017

Organization ProfileWWW.BOMAGLA.ORG

View Organization Page

700 South Flower StreetLos Angeles, CA 90017

(213) 629-2662

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.52x

Higher debt load relative to assets than 83% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

67th percentile

0.32x

Higher debt load relative to revenue than 67% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Net Margin

51st percentile

3.3%

Higher net margin than 51% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

63rd percentile

$174,697

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 9.8% of source-year revenue.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Asset Growth

93rd percentile

40%

Faster asset growth than 93% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

74th percentile

11%

Faster revenue growth than 74% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$1,103,998

Up $315,177 (+40%) from 2015

Net Assets

Up

$531,565

Up $109,117 (+26%) from 2015

Liabilities

Up

$572,433

Up $206,060 (+56%) from 2015

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin51st percentile

Revenue

Up

$1,787,766

Up $175,966 (+11%) from 2015

Expenses

Up

$1,729,104

Up $62,477 (+3.7%) from 2015

Net Income

Up

$58,662

Up $113,489 (+207%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$1.5M$1.0M$500K$0Assets 2010: $1,116,184Liabilities 2010: $548,862Net Assets 2010: $567,3222010Assets 2011: $1,336,369Liabilities 2011: $812,800Net Assets 2011: $523,5692011Assets 2012: $861,957Liabilities 2012: $451,008Net Assets 2012: $410,9492012Assets 2013: $953,078Liabilities 2013: $514,959Net Assets 2013: $438,1192013Assets 2014: $1,070,436Liabilities 2014: $593,161Net Assets 2014: $477,2752014Assets 2015: $788,821Liabilities 2015: $366,373Net Assets 2015: $422,4482015Assets 2016: $1,103,998Liabilities 2016: $572,433Net Assets 2016: $531,5652016Assets 2017: $1,117,997Liabilities 2017: $577,120Net Assets 2017: $540,8772017Assets 2018: $1,033,986Liabilities 2018: $587,650Net Assets 2018: $446,3362018Assets 2019: $1,096,523Liabilities 2019: $615,146Net Assets 2019: $481,3772019Assets 2020: $1,222,947Liabilities 2020: $898,374Net Assets 2020: $324,5732020Assets 2021: $998,472Liabilities 2021: $532,262Net Assets 2021: $466,2102021Assets 2022: $1,031,213Liabilities 2022: $668,487Net Assets 2022: $362,7262022Assets 2023: $1,128,604Liabilities 2023: $845,672Net Assets 2023: $282,9322023Assets 2024: $941,640Liabilities 2024: $715,155Net Assets 2024: $226,4852024

Highlighted filing

2016

Assets$1,103,998
Liabilities$572,433
Net Assets$531,565
Open 2016 Filing

Operations Trend

Revenue Growth74th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,497,2592010Expenses 2011: $1,656,5852011Revenue 2012: $1,881,267Expenses 2012: $1,993,887Net Income 2012: -$112,6202012Revenue 2013: $1,765,864Expenses 2013: $1,738,694Net Income 2013: $27,1702013Revenue 2014: $1,542,595Expenses 2014: $1,503,439Net Income 2014: $39,1562014Revenue 2015: $1,611,800Expenses 2015: $1,666,627Net Income 2015: -$54,8272015Revenue 2016: $1,787,766Expenses 2016: $1,729,104Net Income 2016: $58,6622016Revenue 2017: $1,729,921Expenses 2017: $1,720,609Net Income 2017: $9,3122017Revenue 2018: $1,703,760Expenses 2018: $1,798,301Net Income 2018: -$94,5412018Revenue 2019: $1,835,076Expenses 2019: $1,800,035Net Income 2019: $35,0412019Revenue 2020: $1,701,079Expenses 2020: $1,845,932Net Income 2020: -$144,8532020Revenue 2021: $1,939,040Expenses 2021: $1,797,405Net Income 2021: $141,6352021Revenue 2022: $1,792,712Expenses 2022: $1,896,196Net Income 2022: -$103,4842022Revenue 2023: $2,409,540Expenses 2023: $2,489,334Net Income 2023: -$79,7942023Revenue 2024: $2,366,113Expenses 2024: $2,422,560Net Income 2024: -$56,4472024

Highlighted filing

2016

Revenue$1,787,766
Expenses$1,729,104
Net Income$58,662
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 10, 2017
Return Version
2016v3.0
Gross Receipts
$2,205,467
Mission and Program Overview

Mission

To enhance value in commercial real estate in the greater los angeles area through advocacy, education and networkings.

To enhance value in commercial real estate in the greater los angeles area through advocacy, education and networking.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$377,360$940,118▲ $562,758
Prepaid Expenses and Deferred Charges$93,595$93,375▼ $220
Land, Buildings, and Equipment, Net$6,186$53,067▲ $46,881
Savings and Temporary Cash Investments$311,680$14,638▼ $297,042
Accounts Receivable-$2,800-
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-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$788,821$1,103,998▲ $315,177
Other Assets Total-$0-
Liabilities
Deferred Revenue$248,863$421,841▲ $172,978
Accounts Payable and Accrued Expenses$117,510$104,305▼ $13,205
Mortgage Notes Payable Secured by Investment Property-$46,287-
Total Liabilities$366,373$572,433▲ $206,060
Net Assets / Fund Balance
Unrestricted Net Assets$422,448$531,565▲ $109,117
Total Net Assets Fund Balance$422,448$531,565▲ $109,117
Total Liabilities and Net Assets / Fund Balance$788,821$1,103,998▲ $315,177

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$53,067$204,827$257,894
Leasehold Improvements-$13,570$13,570
Compensation and Service Providers
Top Officer Pay63rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michele D WarePresidentFT$162,209$12,488$174,697

Board Members and Trustees

NameTitle
Brian PlymellChairman
Leo DivinskyChairman
Chris DugganDirector
Dave SaetaDirector
David FoleyDirector
Jim FranklinDirector
Jock EbnerDirector
John FucciDirector
John SvendbladDirector
Marc GittlemanDirector
Pam HuningDirector
Sarah ShawDirector
William LoweryDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,442,692
Investment Income
$685
Other Revenue
$344,389
Change in Net Assets
$58,662
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$867,309
Salaries, Compensation, and Employee Benefits$861,795
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$569,899
All Other Expenses---$182,756
Current Officers, Directors, Trustees, and Key Employees---$177,957
Office Expenses---$92,358
Occupancy---$78,054
Payroll Taxes---$58,649
Fees for Services Other---$52,760
Other Expenses---$44,771
Travel---$38,535
Other Employee Benefits---$33,432
Conferences and Meetings---$30,089
Pension Plan Contributions---$21,858
Insurance---$16,414
Depreciation Depletion---$11,347
Total Functional Expenses$0$0$0$1,729,104
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$762,090
Fundraising Direct Expenses$417,701
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Toby Award$264,890$264,890$170,438$94,452
Golf Tournaments$170,502$170,502$80,753$89,749
Total Events$762,090$762,090$417,701$344,389
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$52,760
Total Nondeductible Lobbying and Political Cost$52,760
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
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
No
Management duties delegated
No

Governance Explanations

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

“Membership. Boma/gla shall have the following members:- principal members. "principal members" are owners and/or managers of anycommercial, industrial, institutional, multi-family, retail or mixed-usereal estate facility; provided, however, that each building or facilityshall qualify and join the association as a principal member (i.e.,membership is facility-by-facility, not by owner and/or management company,so any one owner or management company may have as many memberships as thenumber of facilities that they own or manage). Each principal member shalldesignate one member representative per membership.- corporate members. "corporate members" are principal members who ownmore than ten (10) facilities, and may be eligible for preferential duesand voting rights approved from time-to-time by a majority of the board ofdirectors present at any regular or special meeting of the board ofdirectors for which there is a quorum. Each corporate member may designateup to five (5) member representatives per corporate membership.- professional members. "professional members" are firms engaged inproperty/asset management, accounting, appraisal, architecture, brokerage,consulting, design, development, engineering, finance and law in and forthe real estate industry. Each professional member shall designate onemember representative per membership.- associate members. "associate members" are firms who provide productsand services in and for the real estate industry. Each associate membershall designate one member representative per membership.- corporate associate members. "corporate associate members" are associatemember firms who provide products and services in and for the real estateindustry having one or more subsidiary companies under the parentcorporations umbrella. Each subsidiary shall designate one memberrepresentative per membership.- honorary members. An "honorary membership" may be granted by a majorityvote of the board of directors at any regular or special meeting of theboard of directors to any individual or entity whose role in real estateownership or management, and/or whose service to boma/gla, has been soexemplary as to earn this distinction. Honorary members shall not beobligated to pay dues, and shall have no voting or other rights ofmembership. An honorary members may belong to boma international by payingdues their annual dues through boma/gla.- unemployed members. Any member who becomes unemployed at any point inthe year after dues have been paid will be kept on the membership listthrough the dues year. These members will enjoy all benefits of membershipbut will not be able to vote. They will be able to maintain any offices orcommittee positions they hold. Once these members become employed again,their membership must be restored through payment of dues within one monthor their membership will lapse. Each member shall also have the right todesignate a new member representative for its membership if the priormember representative is no longer employed by that member.annual meeting. A meeting of the members of the association, which shall beknown as the annual meeting, shall be held in november of each year, atsuch time and place as may be selected by the board of directors, for thepurpose of installing newly elected officers and members of the board ofdirectors and of transacting any other business which may be properlypresented to at the annual meeting. Notice of the time and place of theannual meeting shall be delivered by the secretary to each memberrepresentative at least thirty (30) days in advance via postal orelectronic mail to the last known postal or email address provided to theassociation by that member. Such notice shall also be deemed given ifincluded within the associations newsletter that is sent to every memberand/or member representative. The notice shall include an agenda of thebusiness expected to come before the annual meeting. Unless twenty percent(20%) or more of the members are present, the only ma”

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

“The organization submits the 990 to the finance committee before filing forreview. The finance committee is made of officers of the board andtherefore the part of the governing approval.”

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

“A conflict of interest policy is required by each board member to be signedthe policies of the organization are discussed.the each year. During the board orientation in the beginning of each new year,compensation committee meets on a yearly basis to review and approvethe compensation of officers and key employees. Comparable salary surveysare reviewed to benchmark the compensation of each position.”

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

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Building Owners & Managers Association
EIN
95-0582340
Phone
2136292662
Address
700 SOUTH FLOWER STREET, LOS ANGELES, CA 90017

Signing Officer

Name
Michele D Ware
Title
President
Signed
2017-10-10
Discuss with paid preparer
Yes

Organization Details

Formed
1915
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
8
Volunteers
150

Preparer

Firm
Haley Shaw & Butikofer LLP
Address
2200-B DOUGLAS BLVD STE 250B, ROSEVILLE, CA 95661
Preparer
Paul Butikofer
Phone
9167868880
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

“EQUIPMENT LEASE: Column (A) - Total = $14215; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“MILEAGE REIMBURSEMENTS: Column (A) - Total = $13643; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“OTHER EXPENSES: Column (A) - Total = $36184; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“PARKING: Column (A) - Total = $31479; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“PAYROLL PROCESSING: Column (A) - Total = $348; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“PHONES AND ENTERTAINMENT: Column (A) - Total = $24876; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“Postage and Shipping: Column (A) - Total = $26064; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“Printing and Publications: Column (A) - Total = $7002; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“STAFF TRAINING: Column (A) - Total = $21311; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“WORKERS COMP INSURANCE: Column (A) - Total = $7634; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Other Changes In Net Assets Or Fund Balances - Other Increases

“Prior year adjustment = $50455”

Raw XML AppendixShowing 400 of 490 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/Form990PartVIISectionAGrp/PersonNm3JOCK EBNER
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID FOLEY
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN FUCCI
IRS990/Form990PartVIISectionAGrp/PersonNm6MARC GITTLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7PAM HUNING
IRS990/Form990PartVIISectionAGrp/PersonNm8SARAH SHAW
IRS990/Form990PartVIISectionAGrp/PersonNm9WILLIAM LOWERY
IRS990/Form990PartVIISectionAGrp/PersonNm10CHRIS DUGGAN
IRS990/Form990PartVIISectionAGrp/PersonNm11JIM FRANKLIN
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IRS990/Form990PartVIISectionAGrp/PersonNm13MICHELE D WARE
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IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt13President
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
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IRS990/OtherExpensesGrp/TotalAmt1117968
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IRS990/OtherExpensesGrp/TotalAmt344771
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt058649
IRS990/PensionPlanContributionsGrp/TotalAmt021858
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt093595
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt093375
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0MICHELE D WARE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ADVOCACY
IRS990/ProgramServiceRevenueGrp/Desc1MARKETING AND PUBLIC RELA
IRS990/ProgramServiceRevenueGrp/Desc2Membership Dues & Assessments
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0118668
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt118677
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2977165
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3328182
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt118677
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2977165
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3328182
IRS990/ProgSrvcAccomActy2Grp/Desc0PROFESSIONAL DVELOPMENT - OUR PROFESSIONAL DEVELOPMENT PORTION OF THE ORGANIZATION IS TO PROVIDE UP TO DATE PERTINENT INFORMATION IN THE COMMERCIAL REAL ESTATE INDUSTRY. THIS INCLUDES DESIGNATION CLASSES THAT PROVIDE A DESIGNATION TO THOSE WISHING TO CONTINUE THEIR EDUCATION, REGIONAL EVENTS THAT DEAL WITH EVERYDAY TENANT/OWNER TOPICS,A TRADE SHOW FOR SERVICE PROVIDERS TO NETWORK WITH THE PROPERTY OWNERS AND MANAGERS OF THE ASSOCIATION FOR BUSINESS DEVELOPMENT. THE ASSOCIATION HELD 42 PROFESSIONAL AND NETWORKING EVENTS IN 2016.
IRS990/ProgSrvcAccomActy3Grp/Desc0INFORMATIONAL PUBLICATIONS FOR MEMBERS COVERING BUILDING OWNERS &MANAGERS ASSOCIATES AND INDUSTRY RELATED TOPICS.
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IRS990/PYInvestmentIncomeAmt0169
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0824696
IRS990/PYOtherRevenueAmt0170852
IRS990/PYProgramServiceRevenueAmt01440779
IRS990/PYRevenuesLessExpensesAmt0-54827
IRS990/PYSalariesCompEmpBnftPaidAmt0841931
IRS990/PYTotalExpensesAmt01666627
IRS990/PYTotalRevenueAmt01611800
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt058662
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IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt053067
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0204827
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0170502
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0326698
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0344389
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0166510
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt06488
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt06000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHELE D WARE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0174697
IRS990ScheduleJ/SeverancePaymentInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERSHIP. BOMA/GLA SHALL HAVE THE FOLLOWING MEMBERS:- PRINCIPAL MEMBERS. "PRINCIPAL MEMBERS" ARE OWNERS AND/OR MANAGERS OF ANYCOMMERCIAL, INDUSTRIAL, INSTITUTIONAL, MULTI-FAMILY, RETAIL OR MIXED-USEREAL ESTATE FACILITY; PROVIDED, HOWEVER, THAT EACH BUILDING OR FACILITYSHALL QUALIFY AND JOIN THE ASSOCIATION AS A PRINCIPAL MEMBER (I.E.,MEMBERSHIP IS FACILITY-BY-FACILITY, NOT BY OWNER AND/OR MANAGEMENT COMPANY,SO ANY ONE OWNER OR MANAGEMENT COMPANY MAY HAVE AS MANY MEMBERSHIPS AS THENUMBER OF FACILITIES THAT THEY OWN OR MANAGE). EACH PRINCIPAL MEMBER SHALLDESIGNATE ONE MEMBER REPRESENTATIVE PER MEMBERSHIP.- CORPORATE MEMBERS. "CORPORATE MEMBERS" ARE PRINCIPAL MEMBERS WHO OWNMORE THAN TEN (10) FACILITIES, AND MAY BE ELIGIBLE FOR PREFERENTIAL DUESAND VOTING RIGHTS APPROVED FROM TIME-TO-TIME BY A MAJORITY OF THE BOARD OFDIRECTORS PRESENT AT ANY REGULAR OR SPECIAL MEETING OF THE BOARD OFDIRECTORS FOR WHICH THERE IS A QUORUM. EACH CORPORATE MEMBER MAY DESIGNATEUP TO FIVE (5) MEMBER REPRESENTATIVES PER CORPORATE MEMBERSHIP.- PROFESSIONAL MEMBERS. "PROFESSIONAL MEMBERS" ARE FIRMS ENGAGED INPROPERTY/ASSET MANAGEMENT, ACCOUNTING, APPRAISAL, ARCHITECTURE, BROKERAGE,CONSULTING, DESIGN, DEVELOPMENT, ENGINEERING, FINANCE AND LAW IN AND FORTHE REAL ESTATE INDUSTRY. EACH PROFESSIONAL MEMBER SHALL DESIGNATE ONEMEMBER REPRESENTATIVE PER MEMBERSHIP.- ASSOCIATE MEMBERS. "ASSOCIATE MEMBERS" ARE FIRMS WHO PROVIDE PRODUCTSAND SERVICES IN AND FOR THE REAL ESTATE INDUSTRY. EACH ASSOCIATE MEMBERSHALL DESIGNATE ONE MEMBER REPRESENTATIVE PER MEMBERSHIP.- CORPORATE ASSOCIATE MEMBERS. "CORPORATE ASSOCIATE MEMBERS" ARE ASSOCIATEMEMBER FIRMS WHO PROVIDE PRODUCTS AND SERVICES IN AND FOR THE REAL ESTATEINDUSTRY HAVING ONE OR MORE SUBSIDIARY COMPANIES UNDER THE PARENTCORPORATIONS UMBRELLA. EACH SUBSIDIARY SHALL DESIGNATE ONE MEMBERREPRESENTATIVE PER MEMBERSHIP.- HONORARY MEMBERS. AN "HONORARY MEMBERSHIP" MAY BE GRANTED BY A MAJORITYVOTE OF THE BOARD OF DIRECTORS AT ANY REGULAR OR SPECIAL MEETING OF THEBOARD OF DIRECTORS TO ANY INDIVIDUAL OR ENTITY WHOSE ROLE IN REAL ESTATEOWNERSHIP OR MANAGEMENT, AND/OR WHOSE SERVICE TO BOMA/GLA, HAS BEEN SOEXEMPLARY AS TO EARN THIS DISTINCTION. HONORARY MEMBERS SHALL NOT BEOBLIGATED TO PAY DUES, AND SHALL HAVE NO VOTING OR OTHER RIGHTS OFMEMBERSHIP. AN HONORARY MEMBERS MAY BELONG TO BOMA INTERNATIONAL BY PAYINGDUES THEIR ANNUAL DUES THROUGH BOMA/GLA.- UNEMPLOYED MEMBERS. ANY MEMBER WHO BECOMES UNEMPLOYED AT ANY POINT INTHE YEAR AFTER DUES HAVE BEEN PAID WILL BE KEPT ON THE MEMBERSHIP LISTTHROUGH THE DUES YEAR. THESE MEMBERS WILL ENJOY ALL BENEFITS OF MEMBERSHIPBUT WILL NOT BE ABLE TO VOTE. THEY WILL BE ABLE TO MAINTAIN ANY OFFICES ORCOMMITTEE POSITIONS THEY HOLD. ONCE THESE MEMBERS BECOME EMPLOYED AGAIN,THEIR MEMBERSHIP MUST BE RESTORED THROUGH PAYMENT OF DUES WITHIN ONE MONTHOR THEIR MEMBERSHIP WILL LAPSE. EACH MEMBER SHALL ALSO HAVE THE RIGHT TODESIGNATE A NEW MEMBER REPRESENTATIVE FOR ITS MEMBERSHIP IF THE PRIORMEMBER REPRESENTATIVE IS NO LONGER EMPLOYED BY THAT MEMBER.ANNUAL MEETING. A MEETING OF THE MEMBERS OF THE ASSOCIATION, WHICH SHALL BEKNOWN AS THE ANNUAL MEETING, SHALL BE HELD IN NOVEMBER OF EACH YEAR, ATSUCH TIME AND PLACE AS MAY BE SELECTED BY THE BOARD OF DIRECTORS, FOR THEPURPOSE OF INSTALLING NEWLY ELECTED OFFICERS AND MEMBERS OF THE BOARD OFDIRECTORS AND OF TRANSACTING ANY OTHER BUSINESS WHICH MAY BE PROPERLYPRESENTED TO AT THE ANNUAL MEETING. NOTICE OF THE TIME AND PLACE OF THEANNUAL MEETING SHALL BE DELIVERED BY THE SECRETARY TO EACH MEMBERREPRESENTATIVE AT LEAST THIRTY (30) DAYS IN ADVANCE VIA POSTAL ORELECTRONIC MAIL TO THE LAST KNOWN POSTAL OR EMAIL ADDRESS PROVIDED TO THEASSOCIATION BY THAT MEMBER. SUCH NOTICE SHALL ALSO BE DEEMED GIVEN IFINCLUDED WITHIN THE ASSOCIATIONS NEWSLETTER THAT IS SENT TO EVERY MEMBERAND/OR MEMBER REPRESENTATIVE. THE NOTICE SHALL INCLUDE AN AGENDA OF THEBUSINESS EXPECTED TO COME BEFORE THE ANNUAL MEETING. UNLESS TWENTY PERCENT(20%) OR MORE OF THE MEMBERS ARE PRESENT, THE ONLY MA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION SUBMITS THE 990 TO THE FINANCE COMMITTEE BEFORE FILING FORREVIEW. THE FINANCE COMMITTEE IS MADE OF OFFICERS OF THE BOARD ANDTHEREFORE THE PART OF THE GOVERNING APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A CONFLICT OF INTEREST POLICY IS REQUIRED BY EACH BOARD MEMBER TO BE SIGNEDTHE POLICIES OF THE ORGANIZATION ARE DISCUSSED.THE EACH YEAR. DURING THE BOARD ORIENTATION IN THE BEGINNING OF EACH NEW YEAR,COMPENSATION COMMITTEE MEETS ON A YEARLY BASIS TO REVIEW AND APPROVETHE COMPENSATION OF OFFICERS AND KEY EMPLOYEES. COMPARABLE SALARY SURVEYSARE REVIEWED TO BENCHMARK THE COMPENSATION OF EACH POSITION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EQUIPMENT LEASE: Column (A) - Total = $14215; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MILEAGE REIMBURSEMENTS: Column (A) - Total = $13643; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OTHER EXPENSES: Column (A) - Total = $36184; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PARKING: Column (A) - Total = $31479; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8PAYROLL PROCESSING: Column (A) - Total = $348; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PHONES AND ENTERTAINMENT: Column (A) - Total = $24876; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Postage and Shipping: Column (A) - Total = $26064; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Printing and Publications: Column (A) - Total = $7002; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12STAFF TRAINING: Column (A) - Total = $21311; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13WORKERS COMP INSURANCE: Column (A) - Total = $7634; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14PRIOR YEAR ADJUSTMENT = $50455
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,103,998
Liabilities
$572,433
Net assets
$531,565
Revenue
$1,787,766
Expenses
$1,729,104
Net income
$58,662
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.94$0.72$0.23$2.37$2.42$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.85$0.28$2.41$2.49$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.67$0.36$1.79$1.90$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.53$0.47$1.94$1.80$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.90$0.32$1.70$1.85$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.62$0.48$1.84$1.80$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.59$0.45$1.70$1.80$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.58$0.54$1.73$1.72$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.10$0.57$0.53$1.79$1.73$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.79$0.37$0.42$1.61$1.67$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.07$0.59$0.48$1.54$1.50$0.04
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.51$0.44$1.77$1.74$0.03
2012Summary only. Only limited summary data is available for this year.$0.86$0.45$0.41$1.88$1.99$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.81$0.52$1.66
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.55$0.57$1.50