Overview
What is Apartment Building Owners And Managers?
Apartment Building Owners and Managers (ABOMA) is a nonprofit organization situated in Chicago, Illinois. Its primary focus is on representing high-rise and walk-up residential properties in the area. By providing education in property management, ABOMA helps its members enhance their skills and knowledge. Furthermore, the organization plays a significant role in negotiating collective bargaining agreements on an industry-wide level with SEIU Local 1. This collaboration aims to establish fair and beneficial agreements for all parties involved. ABOMA's mission is to support the Chicago area's residential property managers, thereby contributing to the overall well-being of the community.
Official website here: www.aboma.com
Is Apartment Building Owners And Managers legitimate?
Apartment Building Owners And Managers is a legitimate nonprofit organization registered as a 501(c)(6) entity. Apartment Building Owners And Managers 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.aboma.com
What is the mission statement of Apartment Building Owners And Managers?
Apartment Building Owners and Managers (ABOMA) serves as an advocacy group, focusing primarily on high-rise and walk-up residential properties. Their mission is to facilitate education in the field of property management and engage in collective bargaining on an industry-wide level with SEIU Local 1. By providing educational resources and negotiating agreements, ABOMA aims to support and represent the interests of property owners and managers in the Chicago area.
Official website here: www.aboma.com
Who is the CEO of Apartment Building Owners And Managers?
Robert Wiggs is the President of Apartment Building Owners And Managers.
Official website here: www.aboma.com
What is the revenue of Apartment Building Owners And Managers?
Apartment Building Owners And Managers's revenue in 2022 was $349,516.
Official website here: www.aboma.com
Who are the executives of Apartment Building Owners And Managers and what are their salaries?
There 20 volunteers at Apartment Building Owners And Managers.
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Official website here: www.aboma.com
Where can I find the form 990 for Apartment Building Owners And Managers?
Apartment Building Owners And Managers's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aboma.com
Learn more at the official website: www.aboma.com
Mission Statement of Apartment Building Owners And Managers
Apartment Building Owners and Managers (ABOMA) serves a crucial role in the Chicago area, specifically representing high-rise and walk-up residential properties. Their primary mission is twofold: they offer educational resources in the realm of property management, and they negotiate industry-wide collective bargaining agreements with SEIU Local 1. By doing so, ABOMA acts as a bridge between property owners and the labor union, ensuring fair and beneficial agreements for both parties. This commitment to education and collective bargaining reflects ABOMA's dedication to fostering a harmonious and productive environment in the Chicago-based residential property management sector.
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Impact
October, 2024
Apartment Building Owners and Managers (ABOMA) significantly impacts the residential property landscape in the Chicago area by advocating for the interests of high-rise and walk-up properties. By providing essential education in property management, ABOMA equips property owners and managers with valuable knowledge and best practices, which leads to improved operational efficiency and tenant satisfaction.
Moreover, ABOMA plays a critical role in negotiating industry-wide collective bargaining agreements with SEIU Local 1, ensuring fair labor practices and fostering a collaborative environment between property owners and employees. This not only enhances the working conditions for workers but also contributes to a more stable and professional management framework within the residential sector.
Through its efforts, ABOMA promotes community improvement by enhancing the quality of living in residential properties, fostering discussions on industry standards, and facilitating networking among property owners and managers. The collective efforts facilitate better facilities, services, and a sense of community among residents, ultimately contributing to the overall vitality of the Chicago area's housing market.
This information is meant to be a general summary of Apartment Building Owners And Managers. 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: $143
- Program Service Revenue: $38,257
- Gross Receipts: $349,516
Assets and Liabilities:
- Total Assets: $206,731
- Total Liabilities: $0
- Net Assets: $206,731
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Educational Meeting
Revenue
$38,257
Organization Details
Founding Year
1937
Phone
(312) 902-2266Principal Officer
Robert Wiggs
Main Address
10 SOUTH RIVERSIDE PLAZA APT 875 PM, CHICAGO, IL, 60606
Website
www.aboma.comNTEE Category
Code: S47 - Community improvement
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