BUILDING OWNERS AND MANAGERS ASSOCIATION OF GREATER NEW YORK B: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- BUILDING OWNERS AND MANAGERS ASSOCIATION OF GREATER NEW YORK B (EIN 13-2629736)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202513219349325761
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T18:53:52-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 873231666 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 245 PARK AVENUE 12TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10167 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 132629736 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUILDING OWNERS AND MANAGERS ASSOCIATION | BusinessNameLine1Txt |
| Business Name Line2 | OF GREATER NEW YORK INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BUIL | BusinessNameControlTxt |
| Phone | 2122393662 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE PENN PLZ 2205 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10119 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LORI RAPHAEL | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 2122393662 | PhoneNum |
| Signature | 2025-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | EVA MRUK | PreparerPersonNm |
| PTIN | P00543254 | PTIN |
| Phone | 2122862600 | PhoneNum |
| Preparation | 2025-11-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LORI RAPHAEL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE PENN PLZ 2205 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10119 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,977,067 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.BOMANY.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1973 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | TO PROMOTE PROGRAMS AND SERVICES, WHILE SERVING AS A RESOURCE, FOR THE ADVANCEMENT OF THE REAL ESTATE INDUSTRY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 24 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 24 | VotingMembersIndependentCnt |
| Total Employee | 4 | TotalEmployeeCnt |
| Total Volunteers | 27 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,490,714 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,810,441 | CYProgramServiceRevenueAmt |
| PY Investment Income | $29,702 | PYInvestmentIncomeAmt |
| CY Investment Income | $63,923 | CYInvestmentIncomeAmt |
| PY Other Revenue | $86,993 | PYOtherRevenueAmt |
| CY Other Revenue | $78,248 | CYOtherRevenueAmt |
| PY Total Revenue | $2,607,409 | PYTotalRevenueAmt |
| CY Total Revenue | $2,952,612 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $12,723 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $14,277 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $613,671 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $659,035 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,024,764 | PYOtherExpensesAmt |
| CY Other Expenses | $2,198,877 | CYOtherExpensesAmt |
| PY Total Expenses | $2,651,158 | PYTotalExpensesAmt |
| CY Total Expenses | $2,872,189 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$43,749 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $80,423 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,632,856 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,614,524 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,417,744 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,318,989 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,215,112 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,295,535 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO PROMOTE PROGRAMS AND SERVICES, WHILE SERVING AS A RESOURCE, FOR THE ADVANCEMENT OF THE REAL ESTATE INDUSTRY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | NETWORKING, EDUCATION, AND INDUSTRY ADVOCACY PROGRAMS:THE BUILDING OWNERS AND MANAGERS ASSOCIATION OF GREATER NEW YORK (BOMA NY) ADVANCES THE COMMERCIAL REAL-ESTATE INDUSTRY BY PROVIDING PROGRAMS, SERVICES, AND ADVOCACY THAT PROMOTE PROFESSIONAL EXCELLENCE AND EFFECTIVE PROPERTY MANAGEMENT THROUGHOUT NEW YORK CITY. THE ASSOCIATION SPONSORS ANNUAL EVENTS AND INITIATIVES SUCH AS THE PINNACLE AWARDS, GOLF AND BOWLING OUTINGS, HOLIDAY LUNCHEON, ANNUAL MEMBERSHIP MEETING, AND THE MID-ATLANTIC CONFERENCE (MAC), ALONG WITH PROFESSIONAL-DEVELOPMENT SEMINARS AND CREDENTIAL COURSES. THESE PROGRAMS FOSTER NETWORKING AMONG BUILDING OWNERS, MANAGERS, AND SERVICE PROVIDERS; ENCOURAGE EDUCATION AND LEADERSHIP; AND RECOGNIZE OUTSTANDING ACHIEVEMENT IN BUILDING OPERATIONS AND SUSTAINABILITY. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MID ATLANTIC CONFERENCE:THE MID ATLANTIC CONFERENCE IS A TWO-DAY EVENT FOCUSED ON INDUSTRY-DRIVEN DISCUSSION, NETWORK OPPORTUNITY, AND EXCLUSIVE TOURS OF NEW YORK CITY'S MOST ICONIC PROPERTIES. IT BRINGS TOGETHER THE REGIONAL LEADERS IN COMMERCIAL REAL ESTATE TO RECOGNIZE EXCELLENCE IN PROPERTY MANAGEMENT AND OPERATIONS, INCLUDING THE PRESENTATION OF THE REGIONAL TOBY AWARDS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (1) | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 14 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 4 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 24 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 24 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LORI RAPHAEL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2122393662 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE PENN PLZ 2205 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10119 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| PATRICK DOLAN | |||||||
| CHAIR | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SHARON HART | |||||||
| VICE CHAIR | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| BRIDGET CUNNINGHAM | |||||||
| TREASURER | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| EDUARDO FIALLO | |||||||
| SECRETARY | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| HEIDI AMAR | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JULIE ARCE | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| LAURA BELT-PONOMAREV | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| DOMINGO DIAZ | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| LINDAY DEFOUW BLANCK | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| MATTHEW J DUTHIE | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| DIANE FIELDS | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK FURMAN | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| CAROLINE GADALETA | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN HORAN | |||||||
| DIRECTOR (THRU APR 2024) | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| ANDREW HARDY | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JAVIER LEZAMIZ | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK LANDSTROM | |||||||
| DIRECTOR (THRU AUG 2024) | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| NICHOLAS MATHER | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER MASOTTO | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| DREW O' CONNOR | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL PREFI | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| CAROLINA RAMOS | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN ROTHSCHILD | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| DERMOT SHEA | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| VICTOR SPIVAK | |||||||
| DIRECTOR (THRU SEP 2024) | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH SZABO | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| RICK YAFFE | |||||||
| DIRECTOR | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| LORI RAPHAEL | |||||||
| EXECUTIVE DIRECTOR | 40.00 | Yes (X) | $218,467 | $0 | $44,314 | ||
| MATTHEW CARANANTE | |||||||
| DIRECTOR OF MEMBERSHIP & EVENTS | 40.00 | $100,298 | $0 | $57,887 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $318,765 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $102,201 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| PIER SIXTY LLC | |||||
| 23RD STREET AT WEST SIDE HIGHWAY | NEW YORK | NY | 10011 | CATERING AND EVENT SERVICES | $370,779 |
| CORE Z OPERATIONS LLC | |||||
| 1356 BROADWAY | NEW YORK | NY | 10018 | CATERING AND EVENT SERVICES | $181,596 |
| PRESTI & NAEGELE LLC | |||||
| 225 WEST 35TH STREET 5TH FLOOR | NEW YORK | NY | 10001 | ACCOUNTING SERVICES | $107,964 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MEMBER NETWORKING EVEN | 236200 | $1,584,205 | $1,584,205 |
| MEMBERSHIP DUES & ASSE | 236200 | $1,141,786 | $1,141,786 |
| IN-HOUSE RPA/FMA PROG | 236200 | $84,450 | $84,450 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,810,441 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $63,923 | TotalRevenueColumnAmt |
| Exclusion | $63,923 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $45,863 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $45,863 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $23,216 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $24,455 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$1,239 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,239 | TotalRevenueColumnAmt |
| Exclusion | -$1,239 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| BOMA INTL REVENUE SHAR | 900099 | $33,359 | $33,359 |
| OTHER INCOME | 900099 | $265 | $265 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $33,624 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,952,612 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,856,304 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $96,308 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $911 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,366 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $262,781 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $305,489 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,558 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,503 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,704 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,937 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $440 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114,979 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,410 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,563 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,338 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $127,055 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,457 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $283,155 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,575 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,273 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,227 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,479 | TotalAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| EVENT EXPENSES | $1,021,933 |
| DUES & SUBSCRIPTIONS | $238,605 |
| IN HOUSE RPA/FMA PROG | $111,451 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,872,189 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $389,910 | BOYAmt |
| EOY | $740,057 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,902,435 | BOYAmt |
| EOY | $1,694,093 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $207,563 | BOYAmt |
| EOY | $225,415 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,938 | BOYAmt |
| EOY | $110,755 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $194,114 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $167,850 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,889 | BOYAmt |
| EOY | $26,264 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,030,121 | BOYAmt |
| EOY | $817,940 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,632,856 | BOYAmt |
| EOY | $3,614,524 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $144,108 | BOYAmt |
| EOY | $142,520 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $241,017 | BOYAmt |
| EOY | $365,968 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,032,619 | BOYAmt |
| EOY | $810,501 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,417,744 | BOYAmt |
| EOY | $1,318,989 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,020,560 | BOYAmt |
| EOY | $2,114,349 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $194,552 | BOYAmt |
| EOY | $181,186 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,215,112 | BOYAmt |
| EOY | $2,295,535 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,632,856 | BOYAmt |
| EOY | $3,614,524 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $80,423 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | 0 | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | 0 | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | 0 | AgreeCarryoverPriorYearInd |
| Dues Assessments | $1,141,786 | DuesAssessmentsAmt |
| Non Deductible Lbbyng Pltcl CY | $21,694 | NonDeductibleLbbyngPltclCYAmt |
| Non Deductible Lbbyng Pltcl Tot | $21,694 | NonDeductibleLbbyngPltclTotAmt |
| Aggregate Reported Dues Ntc | $21,694 | AggregateReportedDuesNtcAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $57,775 | OtherCostOrOtherBasisAmt |
| Depreciation | $41,300 | DepreciationAmt |
| Book Value | $16,475 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $91,074 | OtherCostOrOtherBasisAmt |
| Depreciation | $81,285 | DepreciationAmt |
| Book Value | $9,789 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $45,265 | OtherCostOrOtherBasisAmt |
| Depreciation | $45,265 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $26,264 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| SECURITY DEPOSIT | $67,290 |
| RIGHT OF USE ASSET | $750,650 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $817,940 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEASE LIABILITY | Desc |
| Amt | $810,501 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $810,501 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,943,430 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $24,455 | OtherRevenueAmt |
| Revenue Not Reported | $24,455 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,918,975 | RevenueSubtotalAmt |
| Other Revenues Not Included | $1,033,637 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,033,637 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,952,612 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,863,007 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $24,455 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $24,455 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,838,552 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $1,033,637 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,033,637 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,872,189 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE ASSOCIATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ASSOCIATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ASSOCIATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO DECEMBER 31, 2021. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES REPORTED ON FORM 990, PART VIII LINE 6B 24,455. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | EVENT/MEETING EXPENSES REPORTED ON FORM 990, PART IX: 1,033,637. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B 24,455. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | EVENT/MEETING EXPENSES REPORTED ON FORM 990, PART IX 1,033,637. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIP | GrantTypeTxt |
| Recipient | 14 | RecipientCnt |
| Cash Grant | $13,366 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE SCHOLARSHIP COMMITTEE REVIEWS APPLICATIONS AND APPROVES SCHOLARSHIP RECIPIENTS. A BILL IS RECEIVED DIRECTLY FROM THE CLASS WHEN A SCHOLARSHIP STUDENT ATTENDS THE CLASS. PAYMENT IS SENT DIRECTLY FROM BOMA NY TO THE CLASS. NO FUNDS ARE GIVEN TO STUDENTS DIRECTLY. THE CASH DESIGNATED FOR SCHOLARSHIP STUDENTS ARE HELD IN A SEPARATE ACCOUNT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LORI RAPHAEL | ||||||||||||||
| EXECUTIVE DIRECTOR | $197,249 | $0 | $21,218 | $0 | $0 | $0 | $10,177 | $0 | $34,137 | $0 | $262,781 | $0 | $0 | $0 |
| MATTHEW CARANANTE | ||||||||||||||
| DIRECTOR OF MEMBERSHIP & EVENTS | $88,453 | $0 | $11,845 | $0 | $0 | $0 | $0 | $0 | $57,887 | $0 | $158,185 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, QUESTION 5, AND PART V, QUESTION 2A: | THE ORGANIZATION CONTRACTED WITH A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) FOR SERVICES, INCLUDING BUT NOT LIMITED TO, PAYROLL, TIMEKEEPING, EMPLOYEE BENEFITS, HR ADMINISTRATION AND WORKFORCE REGULATORY COMPLIANCE NEEDS. AS THE EMPLOYER OF RECORD FOR TAX PURPOSES, FORMS W-2 AND W-3 ARE ISSUED BY THE PEO AND FILED UNDER THE PEO'S FEDERAL EIN. IN THIS CO-EMPLOYMENT ARRANGEMENT, THE ORGANIZATION IS THE COMMON LAW EMPLOYER AND, ACCORDINGLY, COMPENSATION IS REPORTED ON FORM 990, PART VII, SECTION A AND PART IX, LINES 5-10. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION HAS MEMBERS. THE MEMBERS INCLUDE THE FOLLOWING: PRINCIPAL MEMBERS - VOTING MEMBERS HAVING ALL RIGHTS AND PRIVILEGES OF THE ORGANIZATION. ASSOCIATE MEMBERS - NON-VOTING MEMBERS, WHO ARE ASSOCIATES OF PRINCIPAL MEMBERS. ASSOCIATE MEMBERS SHALL HAVE ALL RIGHTS AND PRIVILEGES OF THE ORGANIZATION EXCEPT THE RIGHT TO VOTE OR SERVE AS A DIRECTOR OR OFFICER OF THE ORGANIZATION. EMERGING LEADER MEMBERS - PRINCIPAL MEMBER FIRMS CAN ADD EMERGING LEADER MEMBERS. THE INDIVIDUAL(S) REPRESENTING EMERGING LEADER MEMBERS MUST BE 35 YEARS OLD OR YOUNGER AND/OR HAVE FIVE (5) YEARS OR LESS EXPERIENCE IN THE INDUSTRY. THE EMERGING LEADER MEMBERSHIP IS VALID FOR A MAXIMUM OF TWO (2) YEARS AND DOES NOT HAVE THE RIGHT TO VOTE AND WOULD NOT BE REPORTED TO BOMA INTERNATIONAL. ALLIED MEMBERS - WHO SHALL CONSIST OF REPRESENTATIVES FROM CONTRACTORS, SUPPLIERS, ENTREPRENEURS, MANUFACTURERS AND SUCH OTHER SERVICE ORGANIZATIONS AND INDUSTRY GROUPS WHICH HAVE A DIRECT INTEREST IN REAL ESTATE IN WHICH PRINCIPAL MEMBERS ARE INVOLVED. ALLIED MEMBERS SHALL HAVE THE RIGHT TO VOTE ONLY WITH RESPECT TO THE ELECTION OF THE ALLIED MEMBER DIRECTOR AND SHALL NOT OTHERWISE HAVE ANY VOTING RIGHT. PROFESSIONAL MEMBERS WHO ARE REPRESENTATIVES EDUCATED, LICENSED OR EXPERIENCED IN A PROFESSION WHICH IS RECOGNIZED BY THE ORGANIZATION TO HAVE SUBSTANTIAL INVOLVEMENT WITH THE REAL ESTATE INDUSTRY AND OFFER PROFESSIONAL SERVICES IN THEIR RESPECTIVE AREAS OF KNOWLEDGE. PROFESSIONAL MEMBERS SHALL HAVE THE RIGHT TO VOTE ONLY WITH RESPECT TO THE ELECTION OF THE PROFESSIONAL MEMBER DIRECTOR AND SHALL NOT OTHERWISE HAVE ANY VOTING RIGHTS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BOARD OF DIRECTORS CONSIST OF ELEVEN (A)AT-LARGE DIRECTORS, (B) THE FORMER PRESIDENT, (C) THE PRESIDENT, VICE PRESIDENT, SECRETARY AND TREASURER, (D) THE ALLIED MEMBER DIRECTOR, AND (E) THE PROFESSIONAL MEMBER DIRECTOR. THE AT-LARGE DIRECTORS SHALL BE ELECTED BY THE VOTE OF THE PRINCIPAL MEMBERS. THE ALLIED MEMBER DIRECTOR SHALL BE ELECTED BY THE ALLIED MEMBERS, AND THE PROFESSIONAL MEMBER DIRECTOR SHALL BE ELECTED BY THE PROFESSIONAL MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS THEN REVIEWED BY THE FINANCE COMMITTEE, WHO APPROVES OF THE FORM 990. ONCE APPROVED, A COMPLETE COPY IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S GOVERNING BODY FOR THEIR REVIEW PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY APPLIES TO ALL ORGANIZATION'S EMPLOYEES, BOARD MEMBERS AND OFFICERS. AT THE JANUARY BOARD MEETING, THE POLICY IS PRESENTED FOR APPROVAL OR PROPOSED CHANGES. THE APPLICABLE INDIVIDUALS ARE REQUIRED TO COMPLETE A DISCLOSURE STATEMENT ANNUALLY. THE PERSON WHO MAY BE INVOLVED IN A BUSINESS TRANSACTION IN WHICH THERE IS A POSSIBLE CONFLICT OF INTEREST SHALL PROMPTLY NOTIFY THE PRESIDENT. THAT PERSON SHALL REFRAIN FROM VOTING ON ANY SUCH TRANSACTION, PARTICIPATING IN DELIBERATIONS CONCERNING IT, OR USING PERSONAL INFLUENCE IN ANY WAY IN THE MATTER. THAT PERSON'S PRESENCE MAY NOT BE COUNTED IN DETERMINING THE QUORUM FOR ANY VOTE WITH RESPECT TO A BUSINESS TRANSACTION IN WHICH HE OR SHE HAS A POSSIBLE CONFLICT OF INTEREST. FURTHERMORE, THAT PERSON, OR THE PRESIDENT IN THE DIRECTOR'S ABSENCE, SHALL DISCLOSE A POTENTIAL CONFLICT OF INTEREST TO THE OTHER MEMBERS OF THE BOARD BEFORE ANY VOTE ON A BUSINESS TRANSACTION AND SUCH DISCLOSURE SHALL BE RECORDED IN THE BOARD MINUTES OF THE MEETING AT WHICH IT IS MADE. |
| FORM 990, PART VI, SECTION B, LINE 15A | PERSONNEL COMMITTEE COMPRISED OF THE BOARD'S FOUR OFFICERS (PRESIDENT, VICE PRESIDENT, TREASURER & SECRETARY) DETERMINE THE EXECUTIVE DIRECTOR'S COMPENSATION BASED ON EXPERIENCE, CURRENT TIME SERVED WITH BOMA, AND INDUSTRY TRENDS IN THE NOT-FOR-PROFIT ASSOCIATION INDUSTRY AS WELL AS OTHER BOMA LOCALS. ONCE A FIGURE IS DETERMINED THIS INFORMATION IS THEN BROUGHT FORWARD TO THE BOARD OF DIRECTORS FOR APPROVAL. EMPLOYEE PERFORMANCE EVALUATIONS ARE COMPLETED BY THE EXECUTIVE DIRECTOR FOR ALL EMPLOYEES. THE PROCESS WAS LAST UNDERTAKEN IN 2024 AND MINUTES OF THE BOARD MEETING ARE KEPT IN FILE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS STARTED IN 2024. |
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