Building Owners And Managers Association Of Albany Inc
- Assets
- $53.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albany, NY
- Founding
- 07/1991
- Data as of
- 12/2022
- EIN
- 14-1729734
Organization Overview
Building Owners And Managers Association Of Albany Inc is located in Albany, NY. The organization was established in 1991. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Owners And Managers Association Of Albany Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Building Owners And Managers Association Of Albany Inc generated $136.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $132.2k during the year ending 12/2022. While expenses have increased by 13.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO NURTURE THE GROWTH AND HEALTH OF THE LOCAL COMMERCIAL REAL ESTATE INDUSTRY BY REPRESENTING, ACTIVELY AND RESPONSIBLY, THE INTERESTS OF OUR MEMBERS; PROVIDING EDUCATIONAL PROGRAMS FOR THE ADVANCEMENT OF PROFESSIONALISM IN THE INDUSTRY; FOSTERING COMMUNICATION AND NETWORKING OPPORTUNITIES WITHIN THE INDUSTRY AND THE COMMUNITY;AND, DISSEMINATING INFORMATION TO OUR MEMBERS FROM BOMA INTERNATIONAL AND OTHER RELIABLE SOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Kelly President | 3 | $0 | |
John Wismont Treasurer | 2 | $0 | |
James Harris Jr Director | 0 | $0 | |
James Grady Director | 0 | $0 | |
Robert Finn Director | 0 | $0 | |
Nancy Koeller Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $83,750 |
| Membership dues | $36,550 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,708 |
| Other Revenue | $0 |
| Total Revenue | $136,014 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $130,662 |
| Total expenses | $132,162 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,253 |
| Other assets | $0 |
| Total assets | $53,038 |
| Total liabilities | $8,744 |
| Net assets or fund balances | $44,294 |