St Paul Association Of Building Owners & Managers Inc
- Assets
- $451.7k
- Revenue
- $403.4k
- Investments
- $201.1k
- Employees
- 4
- Location
- St Paul, MN
- Founding
- 02/1972
- Data as of
- 12/2023
- EIN
- 41-0975475
Organization Overview
St Paul Association Of Building Owners & Managers Inc is located in St Paul, MN. The organization was established in 1972. 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 12/2023, St Paul Association Of Building Owners & Managers Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Paul Association Of Building Owners & Managers 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 12/2023, St Paul Association Of Building Owners & Managers Inc generated $403.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $374.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
REPRESENTS THE ST. PAUL AREA BUILDING OWNER/MANAGEMENT INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP - PROVIDES REPRESENTATION AND ACTIVITIES FOR BUILDING OWNERS AND MANAGERS IN THE ST. PAUL AREA, AND ASSOCIATED REVENUE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tina Gassman Executive Di | Officer | 40 | $105,000 |
Kori Dejong Secretary/tr | Trustee | 1 | $0 |
Jerry Hersman Director | Trustee | 1 | $0 |
Jill Hocking Director | Trustee | 1 | $0 |
George Hoene Director | Trustee | 1 | $0 |
Bill Huepenbecker Vice Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $27,959 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,959 |
| Total Program Service Revenue | $361,109 |
| Investment income | $3,673 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$6,876 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $403,388 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $105,000 |
| Compensation of current officers, directors, key employees. | $86,310 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $95,893 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,187 |
| Payroll taxes | $26,239 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,605 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,169 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,887 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $699 |
| Insurance | $2,238 |
| All other expenses | $26,381 |
| Total functional expenses | $374,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $204,457 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,495 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,579 |
| Net Land, buildings, and equipment | $1,341 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $201,149 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $35,647 |
| Total assets | $451,668 |
| Accounts payable and accrued expenses | $4,785 |
| Grants payable | $0 |
| Deferred revenue | $10,807 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $37,106 |
| Other liabilities | $0 |
| Total liabilities | $52,698 |
| Net assets without donor restrictions | $373,241 |
| Net assets with donor restrictions | $25,729 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $451,668 |