SOUTHERN CT BUILDING OWNERS AND MA… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

JEAN ST ONGE

Phone

8602433977

Tax Period

2024-01-01 to 2024-12-31

SOUTHERN CT BUILDING OWNERS AND MANAGERS ASSOCIATION INC, founded in 1983, is a small nonprofit that reported $150K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $186K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO FOSTER COOPERATION, EDUCATION AND PROFESSIONALISM AMONG OWNERS AND MANAGERS OF REAL ESTATE.

Program Service Accomplishments

Program 1

THE ASSOCIATION HELD LUNCH MEETINGS WHERE SEMINARS WERE GIVEN TO MEMBERS. MEMBERS ALSO ATTENDED CONFERENCES SPONSORED BY BOMA INTERNATIONAL WHICH EDUCATED MEMBERS ABOUT THE INDUSTRY. THE ASSOCIATION...

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $112,023

Investment Income $38,449

Other Revenue $0

TOTAL REVENUE $150,472

Expense Breakdown

Grants Paid $4,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $181,946

TOTAL EXPENSES $185,946

Year-over-Year Comparison

	2024	2023	Change
Revenue	$150,472	$168,095	-0.1%
Expenses	$185,946	$171,085	+0.1%
Net Income	$-35,474	$-2,990	+10.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELLIE SGRITTA	PRESIDENT	1.00	Officer Director	$0	$0	$0
MATTHEW SKINNER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
GRANT SILVER	SECRETARY	1.00	Officer Director	$0	$0	$0
STEVE WERNER	TREASURER	1.00	Officer Director	$0	$0	$0
MAUREEN DOBBINS	PAST PRESIDENT	1.00	Director	$0	$0	$0
VICTOR DECICCO	DIRECTOR	1.00	Director	$0	$0	$0
BRUCE MOORE JR	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES OKANG	DIRECTOR	1.00	Director	$0	$0	$0
TEDDY PAPPAS	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$150,472	$185,946	$141,150	$-35,474
2023	$168,095	$171,085	$220,549	$-2,990
2022	$109,103	$134,971	$187,901	$-25,868
2021	$155,317	$140,578	$275,405	$14,739
2020	$117,249	$101,370	$269,264	$15,879

SOUTHERN CT BUILDING OWNERS AND MANAGERS ASSOCIATION INC