Building Owners And Managers Association Of Chicago

Organization Overview

Building Owners And Managers Association Of Chicago is located in Chicago, IL. The organization was established in 1922. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Building Owners And Managers Association Of Chicago employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Owners And Managers Association Of Chicago 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 12/2021, Building Owners And Managers Association Of Chicago generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE WELFARE AND ADVANCE THE INTERESTS OF THE OFFICE BUILDING INDUSTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SERVICES ARE PERFORMED FOR THE OFFICE BUILDING INDUSTRY AT CITY ANDSTATE LEVELS. SERVICES INCLUDE ASSISTING IN COLLECTIVE BARGAINING WITHUNIONS INVOLVED IN THE BUILDING INDUSTRY AND PROMOTING THE BESTINTERESTS OF THE OFFICE BUILDING INDUSTRY. SERVICES ARE PERFORMEDTHROUGH LEADERSHIP, ADVOCACY, EDUCATION, RESEARCH, AND INFORMATION ANDPROFESSIONAL DEVELOPMENT.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$442,102
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$442,102
Total Program Service Revenue$2,352,445
Investment income $1,066
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,903,504

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