Building Owners And Managers Association Of Anchorage is located in Anchorage, AK. The organization was established in 1986. 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 Anchorage 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, Building Owners And Managers Association Of Anchorage generated $110.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $112.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 9 years. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION SHARES KNOWLEDGE OF COMMERCIAL PROPERTY MANAGEMENT AND USES ITS SEMINARS AND LUNCHEONS TO EDUCATE ITS MEMBERS. ALSO, BOMA CONTRIBUTES TO SPECIAL OLYMPICS ALASKA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Knopf Director | 2 | $0 | |
Aaron Lautaret Director | 2 | $0 | |
Wade Bradison Director | 2 | $0 | |
Trish Torres Vice President | 2 | $0 | |
Michael Gould Treasurer | 2 | $0 | |
Andrew Romerdahl President | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $46,209 |
| Membership dues | $59,535 |
| Investment income | $555 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,337 |
| Other Revenue | $0 |
| Total Revenue | $110,636 |
| 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 | $9,227 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $103,256 |
| Total expenses | $112,483 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,806 |
| Other assets | $0 |
| Total assets | $122,806 |
| Total liabilities | $28,972 |
| Net assets or fund balances | $93,834 |