Overview
What is Building Owners & Managers Association Of Philadelphia?
Building Owners & Managers Association of Philadelphia (BOMA) is a nonprofit organization situated in Philadelphia, Pennsylvania. Its primary mission is to foster cooperation within the building management industry and promote professional growth. They achieve this through various means, such as publishing newsletters, organizing workshops, and hosting lunch and dinner meetings. The association offers educational opportunities, including two classes per semester, consisting of one RPA class and one SMA class, catering to an average of 12 individuals per class. BOMA's ultimate goal is to enhance the skills and expertise of commercial real estate professionals and related service providers in the Philadelphia area, thereby building excellence within the industry.
Official website here: www.bomaphila.com
Is Building Owners & Managers Association Of Philadelphia legitimate?
Building Owners & Managers Association Of Philadelphia is a legitimate nonprofit organization registered as a 501(c)(6) entity. Building Owners & Managers Association Of Philadelphia submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.bomaphila.com
What is the mission statement of Building Owners & Managers Association Of Philadelphia?
The Building Owners & Managers Association of Philadelphia (BOMA) is dedicated to promoting the commercial real estate industry and fostering cooperation among its members. This is achieved through various means such as newsletters, workshops, and social events like lunch and dinner meetings. The association's mission goes beyond this, aiming to build excellence among professionals and service providers in the field by offering advocacy, professional development opportunities, educational and training programs, and forums for information sharing. BOMA provides two classes per semester, typically accommodating around 24 students in total, offering courses like Real Property Administrator (RPA) and Sustainable Management Accountant (SMA).
Official website here: www.bomaphila.com
Who is the CEO of Building Owners & Managers Association Of Philadelphia?
Christopher Reich is the President of Building Owners & Managers Association Of Philadelphia.
Official website here: www.bomaphila.com
What is the revenue of Building Owners & Managers Association Of Philadelphia?
Building Owners & Managers Association Of Philadelphia's revenue in 2022 was $1,315,885.
Official website here: www.bomaphila.com
Who are the executives of Building Owners & Managers Association Of Philadelphia and what are their salaries?
There 175 volunteers at Building Owners & Managers Association Of Philadelphia.
Here are 21 key members and their salaries:
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Official website here: www.bomaphila.com
Where can I find the form 990 for Building Owners & Managers Association Of Philadelphia?
Building Owners & Managers Association Of Philadelphia's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bomaphila.com
Learn more at the official website: www.bomaphila.com
Mission Statement of Building Owners & Managers Association Of Philadelphia
The Building Owners & Managers Association Of Philadelphia, commonly referred to as BOMA, is committed to elevating the commercial real estate industry. Their mission is to foster collaboration among professionals and service providers within this field by providing a platform for knowledge sharing and networking opportunities. This is achieved through a variety of channels, including regular newsletters, workshops, and lunch or dinner meetings.
BOMA's primary objective is to build excellence among its members. They accomplish this by advocating for industry-related concerns, offering professional development and educational opportunities, and providing a forum for information exchange. This approach aims to equip commercial real estate professionals with the necessary skills and knowledge to excel in their roles.
In addition to these advocacy and educational initiatives, BOMA also conducts regular training sessions. These sessions, typically held twice a year, include classes such as RPA (Real Property Administrator) and SMA (Systems Maintenance Technician). Each class typically has around 12 participants, resulting in a total of 24 individuals benefiting from these educational opportunities each semester. This comprehensive approach to professional development and knowledge sharing is a testament to BOMA's commitment to advancing the commercial real estate industry.
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Impact
October, 2024
The Building Owners & Managers Association of Philadelphia significantly influences the commercial real estate sector by enhancing the skills and professionalism of those in the industry. Through its structured educational programs, including two classes each semester focused on essential certifications like RPA (Real Property Administrator) and SMA (Systems Maintenance Administrator), BOMA fosters a knowledgeable workforce, averaging 24 professionals trained per semester.
By organizing workshops, newsletters, and networking events, BOMA promotes collaboration among members, which cultivates a strong community within the industry. This commitment to professional development and advocacy not only elevates individual capabilities but also contributes to the overall improvement of building management practices in Philadelphia. In doing so, BOMA facilitates smoother operations within commercial real estate, ultimately benefiting property owners, managers, and the broader community.
This information is meant to be a general summary of Building Owners & Managers Association Of Philadelphia. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $100,741
- Program Service Revenue: $1,111,542
- Gross Receipts: $2,060,829
Assets and Liabilities:
- Total Assets: $1,571,631
- Total Liabilities: $2,900
- Net Assets: $1,568,731
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$688,489
SPECIAL EVENT REVENUE
Revenue
$206,961
OTHER PROGRAM SERVICES
Revenue
$132,764
NEWSLETTER AD
Revenue
$56,414
EDUCATION
Revenue
$24,150
Organization Details
Founding Year
1992
Phone
(215) 567-1775Principal Officer
Christopher Reich
Main Address
1515 MARKET STREET Suite 1305, PHILADELPHIA, PA, 19102
Website
www.bomaphila.comNTEE Category
Code: S47 - Community improvement
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