Building Owners And Managers Association Of Chicago

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 360852810 ✦ Chicago, IL ✦ Designated as a 501(c)(6)

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Overview

What is Building Owners And Managers Association Of Chicago?

The Building Owners and Managers Association of Chicago is a nonprofit organization, situated in Chicago, Illinois, specifically at 115 South Lasalle Street 2300. Their primary mission is to advocate for and advance the interests of the office building industry at both city and state levels. They achieve this objective through various means, including leadership, advocacy, education, research, and information and professional development. This encompasses assisting in collective bargaining with unions involved in the building industry and ensuring the best interests of the office building sector are upheld. The association employs a team of 9 individuals, dedicated to fulfilling this mission.


Official website here: www.bomachicago.org

Is Building Owners And Managers Association Of Chicago legitimate?

Building Owners And Managers Association Of Chicago is a legitimate nonprofit organization registered as a 501(c)(6) entity. Building Owners And Managers Association Of Chicago 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $327,330
Professional Fundraising Fees: $0
Other Salaries and Wages: $864,217

For more financial information, click here


Official website here: www.bomachicago.org

What is the mission statement of Building Owners And Managers Association Of Chicago?

The Building Owners and Managers Association of Chicago aims to enhance the well-being and advance the interests of the office building industry. They achieve this goal through various means, including leadership, advocacy, education, research, information, and professional development. The association performs services for the office building industry at both city and state levels. They engage in collective bargaining with unions involved in the building industry, always working towards the best interests of the office building industry. Their activities encompass leadership roles, advocating for relevant policies, providing education, conducting research, disseminating information, and fostering professional growth.


Official website here: www.bomachicago.org

Who is the CEO of Building Owners And Managers Association Of Chicago?

Philip Stafford is the Principal Officer of Building Owners And Managers Association Of Chicago.


Official website here: www.bomachicago.org

What is the revenue of Building Owners And Managers Association Of Chicago?

Building Owners And Managers Association Of Chicago's revenue in 2022 was $3,229,018.


Official website here: www.bomachicago.org

Who are the executives of Building Owners And Managers Association Of Chicago and what are their salaries?

The average compensation at Building Owners And Managers Association Of Chicago during 2022 was $132,394. There are 9 employees and 245 volunteers at Building Owners And Managers Association Of Chicago.


Here are 29 key members and their salaries:


Derrick Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Stafford (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Capadona (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Knez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tj Brookover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harvey Camins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Caruso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Giese (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lenny Sciascia (Director (Through 11/18/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Sise (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Michon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randel Waites (Director (Through 11/18/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamala Ballard (Director (Through 11/18/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Graham Grady (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Hendrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Micah Larmie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Wagener (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristi Rankin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Devlin-Brown (Director (Through 11/18/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Wade Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Guercio (Director (Elected 05/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Maurer (Director (Elected 11/18/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Vivian Orozco (Director (Elected 11/18/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hopwood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Farzin Parang (Executive Director)
  • Compensation: $280,322
  • Related: $0
  • Other: $47,008
Beth Halat (Director Of Member Service)
  • Compensation: $118,559
  • Related: $0
  • Other: $22,169
Paul Jost (Comptroller)
  • Compensation: $128,459
  • Related: $0
  • Other: $30,304
Amy Masters (Director Of Marketing & Co)
  • Compensation: $140,635
  • Related: $0
  • Other: $24,323
Rob Johnson (Director Of Civic Engageme)
  • Compensation: $149,598
  • Related: $0
  • Other: $38,550


Official website here: www.bomachicago.org

Where can I find the form 990 for Building Owners And Managers Association Of Chicago?

Building Owners And Managers Association Of Chicago's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bomachicago.org

Learn more at the official website: www.bomachicago.org

Mission Statement of Building Owners And Managers Association Of Chicago

The Building Owners and Managers Association of Chicago, often abbreviated as BOMA Chicago, is dedicated to enhancing the well-being and furthering the interests of the office building industry. This is achieved through various means, including leadership, advocacy, education, research, information, and professional development. BOMA Chicago works tirelessly to promote the best interests of the office building industry at both city and state levels.

In their mission to support the office building industry, BOMA Chicago engages in collective bargaining with unions involved in the building sector. They strive to ensure that the interests of their industry are represented and protected during these negotiations. Moreover, BOMA Chicago is committed to providing leadership and advocacy, offering guidance and support to ensure the industry's success. They also invest in education, research, and information sharing, fostering a learning environment for professionals in the field to continuously develop and grow. Additionally, BOMA Chicago offers professional development opportunities to further the skills and expertise of individuals within the office building industry.

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Impact




October, 2024

The Building Owners and Managers Association of Chicago significantly influences the office building industry by promoting its welfare and advancing its interests. Through strategic leadership and advocacy, the organization actively engages with key stakeholders, ensuring that the industry's voice is heard at both local and state levels.

Their commitment to education and professional development equips industry professionals with essential knowledge and skills, fostering a more informed and capable workforce. Additionally, the association plays a crucial role in collective bargaining efforts with unions, ensuring fair practices and working conditions within the sector.

By conducting research and disseminating valuable information, the organization enhances the industry's overall understanding of market trends, challenges, and opportunities. This comprehensive approach not only supports individual members but also contributes to the broader improvement of the office building landscape in Chicago, making it a vital force for community progress.




This information is meant to be a general summary of Building Owners And Managers Association Of Chicago. 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.

Revenue
$3,229,018 (2022)
Expenses
$2,904,501 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $18,489
  • Program Service Revenue: $2,577,950
  • Gross Receipts: $3,229,018

Assets and Liabilities:

  • Total Assets: $1,912,331
  • Total Liabilities: $430,890
  • Net Assets: $1,481,441

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$2,020,481

MEETINGS AND PROGRAMS

Revenue

$413,301

EDUCATION AND SCHOLARS

Revenue

$99,218

MANAGEMENT FEE

Revenue

$30,000

TOBY AWARDS

Revenue

$14,950

Organization Details

Founding Year

1902

Principal Officer

Philip Stafford

Main Address

115 SOUTH LASALLE STREET 2300, CHICAGO, IL, 606033801

NTEE Category

Code: S41 - Community improvement

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