Building Owners And Managers Association Suburban Chicago

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

EIN: 363175557 ✦ Schaumburg, IL ✦ Designated as a 501(c)(6)

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Overview

What is Building Owners And Managers Association Suburban Chicago?

Building Owners and Managers Association Suburban Chicago is a nonprofit organization situated in Schaumburg, Illinois. With a team of 10 dedicated individuals, their primary focus is serving professionals within the commercial real estate industry. They achieve this through various initiatives, including hosting conferences and membership meetings. These events provide a platform for industry professionals to engage in discussions, promoting products and services relevant to the building management sector. The association's mission is multifaceted, encompassing effective leadership, advocacy, education, professional development, and analyzing information impacting the industry presently and in the future.


Official website here: www.bomasuburbanchicago.com

Is Building Owners And Managers Association Suburban Chicago legitimate?

Building Owners And Managers Association Suburban Chicago is a legitimate nonprofit organization registered as a 501(c)(6) entity. Building Owners And Managers Association Suburban 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: $127,595
Professional Fundraising Fees: $0
Other Salaries and Wages: $132,348

For more financial information, click here


Official website here: www.bomasuburbanchicago.com

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

The Building Owners and Managers Association Suburban Chicago exists with the objective of serving professionals in the commercial real estate industry. This is achieved through effective leadership, advocacy, education, professional development, and the analysis of information impacting the industry today and in the future. The association provides opportunities for real estate professionals to discuss industry matters and promote products and services used in building management through conferences and membership meetings.


Official website here: www.bomasuburbanchicago.com

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

Suzanne Boryscka is the Principal Officer of Building Owners And Managers Association Suburban Chicago.


Official website here: www.bomasuburbanchicago.com

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

Building Owners And Managers Association Suburban Chicago's revenue in 2022 was $736,756.


Official website here: www.bomasuburbanchicago.com

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

The average compensation at Building Owners And Managers Association Suburban Chicago during 2022 was $25,994. There are 10 employees at Building Owners And Managers Association Suburban Chicago.


Here are 4 key members and their salaries:


Susan Boryscka (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Pierce (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Wingert (Secretary Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mulcrone (Executive Director)
  • Compensation: $127,595
  • Related: $0
  • Other: $0


Official website here: www.bomasuburbanchicago.com

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

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


Official website here: www.bomasuburbanchicago.com

Learn more at the official website: www.bomasuburbanchicago.com

Mission Statement of Building Owners And Managers Association Suburban Chicago

Building Owners and Managers Association Suburban Chicago, often referred to as BOMA/Suburban Chicago, is an organization dedicated to serving professionals in the commercial real estate industry. Its primary mission is to provide effective leadership, advocacy, education, professional development, and the analysis of information that impacts the industry both presently and in the future.

The association aims to accomplish this mission by organizing conferences and membership meetings. These events offer a platform for real estate professionals to engage in discussions regarding industry matters, promoting products and services essential to the building management industry. By doing so, BOMA/Suburban Chicago contributes to fostering a collaborative environment and knowledge sharing within the commercial real estate sector.

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Impact




October, 2024

Building Owners and Managers Association Suburban Chicago plays a pivotal role in enhancing the commercial real estate landscape in the suburban Chicago area. By serving as a trade service organization, it provides a platform for building owners and managers to connect and collaborate. The association's conferences and membership meetings facilitate discussions on industry matters, allowing real estate professionals to share insights and promote products and services essential to building management.

Through effective leadership and advocacy, BOMA Suburban Chicago addresses the evolving challenges of the real estate sector, ensuring that its members are informed and adequately equipped to navigate this dynamic industry. The emphasis on education and professional development helps members stay updated on best practices and emerging trends, fostering a culture of continuous improvement.

Furthermore, BOMA Suburban Chicago's commitment to analyzing information relevant to the industry supports strategic decision-making for its members, ultimately contributing to a more robust and resilient commercial real estate environment. This impact not only benefits individual professionals but also enhances the overall community through improved property management standards and practices.




This information is meant to be a general summary of Building Owners And Managers Association Suburban 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
$736,756 (2022)
Expenses
$833,418 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $69,200
  • Program Service Revenue: $714,913
  • Gross Receipts: $784,965

Assets and Liabilities:

  • Total Assets: $730,926
  • Total Liabilities: $1,838
  • Net Assets: $729,088

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Programs

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

MEMBERSHIP DUES

Revenue

$456,990

MEMBERSHIP MEETINGS

Revenue

$111,919

TRADE SHOW

Revenue

$106,108

SEMINARS AND EDUCATION

Revenue

$35,621

Organization Details

Founding Year

1972

Principal Officer

Suzanne Boryscka

Main Address

1515 EAST WOODFIELD ROAD 110, SCHAUMBURG, IL, 60173

NTEE Category

Code: S47 - Community improvement

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