Building Owners And Managers Association Of Metropolitan Detroit

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

EIN: 380383751 ✦ Detroit, MI ✦ Designated as a 501(c)(6)

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Overview

What is Building Owners And Managers Association Of Metropolitan Detroit?

Building Owners and Managers Association of Metropolitan Detroit is a nonprofit organization situated in Detroit, Michigan. With a small workforce of three individuals, it serves as a trade association, providing support to 281 members and interested parties. This association offers various benefits, including education, discounts on publications, benchmarking statistics, industry best practices, and recognition. Its mission is to advocate for the best interests of commercial real estate owners, real estate professionals, and supplier members, enhancing their human, intellectual, and physical assets through effective leadership, the collection and dissemination of information, and professional development.


Official website here: www.bomadet.org

Is Building Owners And Managers Association Of Metropolitan Detroit legitimate?

Building Owners And Managers Association Of Metropolitan Detroit is a legitimate nonprofit organization registered as a 501(c)(6) entity. Building Owners And Managers Association Of Metropolitan Detroit 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $161,940

For more financial information, click here


Official website here: www.bomadet.org

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

The Building Owners and Managers Association of Metropolitan Detroit serves as a trade association, offering educational and supportive resources to its members. Its mission is to actively advocate for the best interests of commercial real estate owners, real estate professionals, and supplier members. This is achieved through effective leadership in advocacy, the collection and dissemination of relevant information, and professional development. The association strives to enhance the human, intellectual, and physical assets of the commercial real estate industry.


Official website here: www.bomadet.org

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

Trevor Duke is the President of Building Owners And Managers Association Of Metropolitan Detroit.


Official website here: www.bomadet.org

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

Building Owners And Managers Association Of Metropolitan Detroit's revenue in 2022 was $394,214.


Official website here: www.bomadet.org

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

The average compensation at Building Owners And Managers Association Of Metropolitan Detroit during 2022 was $53,980. There are 3 employees and 27 volunteers at Building Owners And Managers Association Of Metropolitan Detroit.


Here are 9 key members and their salaries:


Daniel O Fitzgerald (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Gilbert (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karin Meier (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Mcduffee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Farmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Wiegand (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Skierski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Duke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Langlois (Executive Di)
  • Compensation: $135,075
  • Related: $0
  • Other: $9,206


Official website here: www.bomadet.org

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

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


Official website here: www.bomadet.org

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

Mission Statement of Building Owners And Managers Association Of Metropolitan Detroit

The Building Owners and Managers Association of Metropolitan Detroit, as a trade association, is dedicated to advocating for and supporting its members, who are primarily commercial real estate owners and professionals. The association's mission is threefold: firstly, it aims to actively represent the best interests of its members by demonstrating effective leadership in advocacy. This entails championing policies and initiatives that benefit the commercial real estate industry. Secondly, the association collects and disseminates information, ensuring that its members are well-informed about the latest trends, developments, and best practices in the field. Lastly, the association focuses on professional development, striving to enhance the human, intellectual, and physical assets of the commercial real estate industry. By providing educational opportunities and resources, the association helps its members to improve their skills, knowledge, and competencies, thereby contributing to the overall success and growth of the industry.

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Impact




October, 2024

The Building Owners and Managers Association of Metropolitan Detroit significantly influences the commercial real estate sector by actively advocating for the interests of property owners, real estate professionals, and service suppliers. By offering educational resources, the association empowers its 281 members with valuable insights into industry best practices and benchmarking statistics. Furthermore, it provides members with access to discounts on publications, enhancing their knowledge and operational efficiency.

Through effective leadership in advocacy, the association maintains a strong voice in policy discussions affecting the commercial real estate market. It ensures members are informed and equipped to navigate the complexities of the industry, promoting professional development and growth. Ultimately, the association plays a crucial role in enhancing the human, intellectual, and physical assets of the commercial real estate industry, fostering a healthier and more sustainable real estate community in the Detroit metropolitan area.




This information is meant to be a general summary of Building Owners And Managers Association Of Metropolitan Detroit. 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
$394,214 (2022)
Expenses
$404,752 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $108
  • Program Service Revenue: $329,170
  • Gross Receipts: $446,500

Assets and Liabilities:

  • Total Assets: $154,253
  • Total Liabilities: $121,693
  • Net Assets: $32,560

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Programs

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

MEMBERSHIP DUES

Revenue

$190,923

MEETING AND EVENTS

Revenue

$110,792

EDUCATON

Revenue

$21,455

ADVOCACY

Revenue

$6,000

Organization Details

Founding Year

1934

Principal Officer

Trevor Duke

Main Address

535 GRISWOLD STREET SUITE 111-616, DETROIT, MI, 48226

NTEE Category

Code: S41 - Community improvement

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