Overview
What is Building Owners And Managers Association?
The Building Owners and Managers Association (BOMA-Memphis) is a nonprofit organization based in Memphis, Tennessee. With a modest workforce of two individuals, their primary mission is to serve and advocate for the interests of the local commercial real estate industry. They achieve this by providing education, promotion, and advocacy, aiming to elevate the standard of service within the community. Their activities are geared towards maintaining an association of commercial property owners and associated vendors, thereby fostering a cooperative and supportive environment.
Official website here: www.bomamemphis.net
Is Building Owners And Managers Association legitimate?
Building Owners And Managers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. 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: $53,446
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.bomamemphis.net
What is the mission statement of Building Owners And Managers Association?
The Building Owners and Managers Association has a mission to educate, promote, and advocate for the interests of the commercial real estate industry. Specifically, their goal is to elevate the level of service provided within the local community by maintaining an association of commercial property owners and associated vendors. This organization strives to serve as a resource for its members, offering opportunities for professional growth and collaboration in the field of commercial real estate.
Official website here: www.bomamemphis.net
Who is the CEO of Building Owners And Managers Association?
Kimberly M Matheny is the President of Building Owners And Managers Association.
Official website here: www.bomamemphis.net
What is the revenue of Building Owners And Managers Association?
Building Owners And Managers Association's revenue in 2022 was $204,739.
Official website here: www.bomamemphis.net
Who are the executives of Building Owners And Managers Association and what are their salaries?
The average compensation at Building Owners And Managers Association during 2022 was $26,723. There are 2 employees and 9 volunteers at Building Owners And Managers Association.
Here are 11 key members and their salaries:
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- Compensation: $49,754
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- Compensation: $3,692
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Official website here: www.bomamemphis.net
Where can I find the form 990 for Building Owners And Managers Association?
Building Owners And Managers Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bomamemphis.net
Learn more at the official website: www.bomamemphis.net
Mission Statement of Building Owners And Managers Association
The Building Owners and Managers Association is a organization dedicated to serving the commercial real estate industry in Memphis. Its primary mission is threefold: to educate, promote, and advocate for the interests of its members. By doing so, the association aims to foster a higher level of service within the local community. The association strives to maintain a network of commercial property owners and associated vendors, fostering a collaborative environment that benefits all parties involved. This mission is crucial in ensuring the growth and success of the commercial real estate sector in Memphis.
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Impact
October, 2024
The Building Owners and Managers Association significantly impacts the Memphis commercial real estate industry by educating stakeholders, promoting best practices, and advocating for the interests of property owners and associated vendors. By fostering a network of collaboration among these groups, the association enhances service quality within the local community. This commitment to professional development and advocacy not only elevates standards in property management but also contributes to the overall improvement of the Memphis real estate landscape, ensuring a healthier and more vibrant community.
This information is meant to be a general summary of 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $297
- Program Service Revenue: $19,499
- Gross Receipts: $305,006
Assets and Liabilities:
- Total Assets: $365,100
- Total Liabilities: $1,028
- Net Assets: $364,072
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTNERSHIP INCOME
Revenue
$17,496
ASSOCIATION INCOME
Revenue
$2,003
Organization Details
Founding Year
1945
Phone
(901) 260-5959Principal Officer
Kimberly M Matheny
Main Address
PO BOX 17456, MEMPHIS, TN, 38187
Website
www.bomamemphis.netNTEE Category
Code: S41 - Community improvement
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