Greater Minneapolis Building Owners And Managers Association

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

EIN: 410668016 ✦ Minneapolis, MN ✦ Designated as a 501(c)(6)

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Overview

What is Greater Minneapolis Building Owners And Managers Association?

Greater Minneapolis Building Owners and Managers Association is a business association primarily serving commercial real estate professionals in Minneapolis, Minnesota. With a focus on advocacy, education, and networking, the organization offers a range of services to its members. These include hosting approximately 20 educational meetings and sessions annually, providing a total of 54 continuing education units (CEUs), organizing eight networking events, and publishing six newsletters. The association also boasts a significant membership base, comprising 434 individual members, 193 building members, and 162 engineers association members. Based at 50 S 6TH STREET 1301, Minneapolis, MN 554021503, the association plays a crucial role in supporting and advancing the interests of its members in the real estate sector.


Official website here: www.bomampls.org

Is Greater Minneapolis Building Owners And Managers Association legitimate?

Greater Minneapolis Building Owners And Managers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Greater Minneapolis Building Owners And Managers Association 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: $190,957
Professional Fundraising Fees: $0
Other Salaries and Wages: $161,097

For more financial information, click here


Official website here: www.bomampls.org

What is the mission statement of Greater Minneapolis Building Owners And Managers Association?

The Greater Minneapolis Building Owners and Managers Association serves as a business association, primarily catering to real estate managers. Its mission encompasses advocacy, education, and networking for professionals in the commercial real estate sector. The association provides educational programs and services to its members, offering them opportunities to earn Continuing Education Units (CEUs). Throughout the year, they organize approximately 20 educational meetings and sessions, totalling 54 CEUs. Additionally, the association hosts networking events for its members, including a gala awards event, and publishes six newsletters to keep members informed. With a membership base of approximately 434 individual members, 193 building members, and 162 engineers association members, the association plays a significant role in fostering growth and connection within the commercial real estate industry.


Official website here: www.bomampls.org

Who is the CEO of Greater Minneapolis Building Owners And Managers Association?

Sarah Anderson is the President/Ceo of Greater Minneapolis Building Owners And Managers Association. The CEO's salary of Greater Minneapolis Building Owners And Managers Association is $28,702 and their total compensation is $28,702.


Official website here: www.bomampls.org

What is the revenue of Greater Minneapolis Building Owners And Managers Association?

Greater Minneapolis Building Owners And Managers Association's revenue in 2022 was $960,487.


Official website here: www.bomampls.org

Who are the executives of Greater Minneapolis Building Owners And Managers Association and what are their salaries?

The average compensation at Greater Minneapolis Building Owners And Managers Association during 2022 was $39,117. There are 9 employees and 100 volunteers at Greater Minneapolis Building Owners And Managers Association.


Here are 17 key members and their salaries (Greater Minneapolis Building Owners And Managers Association's CEO's salary is $28,702 and their total compensation is $28,702):


Sarah Anderson (President/Ceo)
  • Compensation: $150,668
  • Related: $0
  • Other: $11,587
Kevin C Lewis (President/Ceo Thru Jan 2022)
  • Compensation: $28,702
  • Related: $0
  • Other: $0
Tara Steinkraus (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Davis (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexx Smith (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Kolar (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Rolfes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Boich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Balsiger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Hanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Herron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Paquette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Poechmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Warden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monique Slaughter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Vaughn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Redfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bomampls.org

Where can I find the form 990 for Greater Minneapolis Building Owners And Managers Association?

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


Official website here: www.bomampls.org

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

Mission Statement of Greater Minneapolis Building Owners And Managers Association

The Greater Minneapolis Building Owners And Managers Association, abbreviated as GMBOM, serves as a business association primarily focused on the real estate sector. Its mission is threefold, encompassing advocacy, education, and networking for professionals involved in the commercial real estate industry. The association strives to provide its members with valuable resources and opportunities that contribute to their professional growth and success.

GMBOM achieves its mission by offering educational programs and services, tailored to the unique needs of its members in the real estate sector. These educational events provide Continuing Education Units (CEUs), totaling 54, which are essential for maintaining professional competency in the field. Additionally, the association hosts networking events, such as a gala awards event, which foster connections among its members and create a supportive community within the industry.

Furthermore, GMBOM publishes six newsletters each year, keeping its members informed about industry trends, upcoming events, and relevant news. With approximately 434 individual members, 193 building members, and 162 engineers association members, GMBOM plays a significant role in shaping the commercial real estate landscape in an unspecified location, by providing a platform for professional development and networking opportunities.

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Impact




October, 2024

The Greater Minneapolis Building Owners And Managers Association significantly impacts the commercial real estate sector by providing essential resources and support for real estate managers. It enhances the ownership and operational knowledge of its members through a robust offering of educational programs and services. In 2022 alone, the association hosted approximately 20 educational meetings, contributing a total of 54 Continuing Education Units (CEUs) to its members, which underscores its commitment to professional development.

Networking opportunities are crucial in this industry, and the association facilitated eight successful events, including a gala awards event, fostering connections among professionals. With a membership of 434 individuals, 193 building members, and 162 engineers association members, it plays a vital role in creating a collaborative community that drives improvement in the commercial real estate landscape.

By publishing six newsletters throughout the year, it keeps its members informed of industry trends, advancements, and best practices. The combination of advocacy, education, and networking that the Greater Minneapolis Building Owners And Managers Association provides cultivates a well-informed, connected, and engaged community, ultimately leading to enhanced operational excellence and community improvement within Minneapolis.




This information is meant to be a general summary of Greater Minneapolis Building Owners And Managers Association. 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
$960,487 (2022)
Expenses
$939,337 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $30,414
  • Program Service Revenue: $889,921
  • Gross Receipts: $1,152,646

Assets and Liabilities:

  • Total Assets: $892,167
  • Total Liabilities: $175,975
  • Net Assets: $716,192

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Programs

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

MEMBER DUES

Revenue

$728,129

MEETINGS & SEMINARS

Revenue

$47,186

BOMI CLASSES

Revenue

$44,261

MEMBER EVENTS

Revenue

$25,900

DIRECTORY INCOME

Revenue

$16,635

Organization Details

Founding Year

1948

Principal Officer

Sarah Anderson

Main Address

50 S 6TH STREET 1301, MINNEAPOLIS, MN, 554021503

NTEE Category

Code: S41 - Community improvement

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