Overview
What is Building Owners & Managers Association Of Greater Los Angeles?
The Building Owners & Managers Association Of Greater Los Angeles is a nonprofit organization situated in the heart of Los Angeles, California. Their primary aim is to add value to the commercial real estate sector within the Greater Los Angeles area. They achieve this goal through advocacy, education, and networking opportunities. With a team of 14 dedicated individuals, they strive to make a significant impact on the commercial real estate scene in their region.
Official website here: www.bomagla.org
Is Building Owners & Managers Association Of Greater Los Angeles legitimate?
Building Owners & Managers Association Of Greater Los Angeles is a legitimate nonprofit organization registered as a 501(c)(6) entity. Building Owners & Managers Association Of Greater Los Angeles 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: $360,326
Professional Fundraising Fees: $0
Other Salaries and Wages: $751,062
For more financial information, click here
Official website here: www.bomagla.org
What is the mission statement of Building Owners & Managers Association Of Greater Los Angeles?
The Building Owners & Managers Association of Greater Los Angeles aims to enhance the value of commercial real estate in their specific region by employing advocacy, education, and networking strategies. They strive to contribute positively to the commercial real estate sector within the Greater Los Angeles area by utilizing these three key approaches. Their mission is geared towards promoting growth, development, and success within the commercial real estate industry, thereby benefiting all associated parties.
Official website here: www.bomagla.org
What is the revenue of Building Owners & Managers Association Of Greater Los Angeles?
Building Owners & Managers Association Of Greater Los Angeles's revenue in 2023 was $2,409,540.
Official website here: www.bomagla.org
Who are the executives of Building Owners & Managers Association Of Greater Los Angeles and what are their salaries?
The average compensation at Building Owners & Managers Association Of Greater Los Angeles during 2023 was $79,385. There are 14 employees and 298 volunteers at Building Owners & Managers Association Of Greater Los Angeles.
Here are 20 key members and their salaries:
- Compensation: $360,326
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- Compensation: $159,526
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Official website here: www.bomagla.org
Where can I find the form 990 for Building Owners & Managers Association Of Greater Los Angeles?
Building Owners & Managers Association Of Greater Los Angeles's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bomagla.org
Learn more at the official website: www.bomagla.org
Mission Statement of Building Owners & Managers Association Of Greater Los Angeles
The Building Owners & Managers Association Of Greater Los Angeles, often referred to as BOMA Greater Los Angeles, is dedicated to enhancing the value of commercial real estate in the greater Los Angeles area. They achieve this mission through three primary strategies: advocacy, education, and networking. By engaging in advocacy, the association works to influence policies and regulations that impact commercial real estate, thereby enhancing its value for its members. Through education, BOMA Greater Los Angeles provides its members with the knowledge and skills necessary to effectively manage and maintain their properties, ultimately adding value to these assets. Lastly, the association fosters networking opportunities among its members, enabling them to share best practices, learn from one another, and build strong professional relationships. By implementing these strategies, BOMA Greater Los Angeles plays a crucial role in enhancing the value of commercial real estate in the greater Los Angeles area.
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Impact
October, 2024
The Building Owners & Managers Association of Greater Los Angeles significantly impacts the commercial real estate landscape in the region by enhancing value through advocacy, education, and networking. By promoting policies favorable to property owners and managers, the organization helps elevate the overall business environment, contributing to economic growth and stability.
Through tailored educational programs, it equips real estate professionals with the knowledge and skills needed to excel in a competitive market, fostering a culture of continuous improvement and innovation. Additionally, the association facilitates networking opportunities, enabling members to connect, share insights, and collaborate on best practices, ultimately strengthening the industry’s community and resources.
This multi-faceted approach not only supports individual members but also enhances the attractiveness of the Greater Los Angeles area as a vibrant hub for commercial real estate investment and development.
This information is meant to be a general summary of Building Owners & Managers Association Of Greater Los Angeles. 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 2023.
- Investment Income: $11,908
- Program Service Revenue: $2,246,761
- Gross Receipts: $2,409,540
Assets and Liabilities:
- Total Assets: $1,031,213
- Total Liabilities: $668,487
- Net Assets: $362,726
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Annual Partnerships
Revenue
$240,000
Fundraising
Revenue
$97,750
Membership Dues & Assessments
Revenue
$1,311,726
Programs and events
Revenue
$579,980
Publications
Revenue
$17,305
Organization Details
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