BUILDING OWNERS AND MANAGEMENT ASS… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

Connie Calantropio

Phone

2019985133

Tax Period

2023-01-01 to 2023-12-31

BUILDING OWNERS AND MANAGEMENT ASSOCIATION OF NEW JERSEY, founded in 1984, is a small nonprofit that reported $384K in total revenue in fiscal year 2023.

Mission

THE ORGANIZATION EDUCATES BUILDING MANAGERS AND OWNERS FOR THE BETTERMENT OF THEIR TENANTS AND THEMSELVES.

Program Service Accomplishments

Program 1

THE ORGANIZATION EDUCATES BUILDING MANAGERS AND OWNERS FOR THE BETTERMENT OF THEIR TENANTS AND THEMSELVES.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $352,541

Investment Income $19,095

Other Revenue $11,959

TOTAL REVENUE $383,595

Expense Breakdown

Grants Paid $7,275

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $414,351

TOTAL EXPENSES $421,626

Year-over-Year Comparison

	2023	2022	Change
Revenue	$383,595	$394,791	0.0%
Expenses	$421,626	$361,462	+0.2%
Net Income	$-38,031	$33,329	-2.1%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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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
Amanda Zega	President	1.0	Officer Director	$0	$0	$0
Dominick Pico	Vice President	1.0	Officer Director	$0	$0	$0
Dana Getz	PRESIDENT until 01/23	1.0	Officer Director	$0	$0	$0
Connie Calantropio	Treasurer	1.0	Officer Director	$0	$0	$0
Christina Honthy	Secretary	1.0	Officer Director	$0	$0	$0
Glen Annecchio	Director	1.0	Director	$0	$0	$0
George Cella	DIRECTOR	1.0	Director	$0	$0	$0
Jay Greeley	Director	1.0	Director	$0	$0	$0
Jessica Halpin	DIRECTOR	1.0	Director	$0	$0	$0
Jamie Kazazian	Director	1.0	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	No data	No data	No data	No data
2023	$383,595	$421,626	$706,140	$-38,031
2022	$394,791	$361,462	$766,093	$33,329
2021	$362,412	$326,533	$760,693	$35,879

BUILDING OWNERS AND MANAGEMENT ASSOCIATION OF NEW JERSEY