NEIGHBORHOOD BUILDING OWNERS ALLIANCE

EIN: 261516366 Community Improvement

CHICAGO, IL

Total Revenue
$379,116
Total Expenses
$290,901
Total Assets
$299,269
Net Assets
$299,269
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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
2007
Legal Domicile
IL
Principal Officer
MICHAEL GLASSER
Phone
7734911235
Tax Period
2025-01-01 to 2025-12-31

NEIGHBORHOOD BUILDING OWNERS ALLIANCE, founded in 2007, is a small nonprofit in the Community Improvement sector that reported $379K in total revenue in fiscal year 2025. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $88K, a strong 23% operating margin.

Mission

ASSOCIATION OF NEIGHBORHOOD BUILDING OWNERS GROUPS WHO ADVANCE THE INTERESTS OF NEIGHBORHOOD PROPERTY OWNERS AND THEIR COMMUNITIES.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $399,795
Program Service Revenue $43,257
Investment Income $3,399
Other Revenue $-67,335
TOTAL REVENUE $379,116

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,800
Fundraising Expenses $62,984
Program Expenses $149,418
Other Expenses $286,101
TOTAL EXPENSES $290,901

Year-over-Year Comparison

2025 2024 Change
Revenue $379,116 $259,458 +0.5%
Expenses $290,901 $206,759 +0.4%
Net Income $88,215 $52,699 +0.7%
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

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Governance

Voting Members
22
Independent Members
21
Employees
N/A
Volunteers
35

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
5
$4,800
Total Directors
24
$4,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL GLASSER PRESIDENT 10.00
Officer Director
$4,800 $0 $4,800
ANDREW LEVIN VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
FIONN MCMANIGAL VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
ROMAN VIERE TREASURER 2.00
Officer Director
$0 $0 $0
JEFF WEINBERG SECRETARY 2.00
Officer Director
$0 $0 $0
SAM GOLDMAN DIRECTOR THROUGH 7/17/25 1.00
Director
$0 $0 $0
ANTHONY HARDY DIRECTOR 1.00
Director
$0 $0 $0
ANDREW DOLLIFF DIRECTOR 1.00
Director
$0 $0 $0
MIGUEL CHACON DIRECTOR 1.00
Director
$0 $0 $0
ROGER DANIEL DIRECTOR 1.00
Director
$0 $0 $0
NATHAN FERNANDEZ DIRECTOR 1.00
Director
$0 $0 $0
BRIAN MOND DIRECTOR THROUGH 2/7/25 1.00
Director
$0 $0 $0
LARRY SLATER DIRECTOR 1.00
Director
$0 $0 $0
MATT KATSAROS DIRECTOR 1.00
Director
$0 $0 $0
JODY ROSENBAUM DIRECTOR 1.00
Director
$0 $0 $0
JON WOMACK DIRECTOR 1.00
Director
$0 $0 $0
BARIS YUKSEL DIRECTOR 1.00
Director
$0 $0 $0
JACKIE JABLONSKI DIRECTOR 1.00
Director
$0 $0 $0
TRACII RANDOLPH DIRECTOR 1.00
Director
$0 $0 $0
VICKI MAY DIRECTOR 1.00
Director
$0 $0 $0
JOHN KLICK DIRECTOR 1.00
Director
$0 $0 $0
CHRIS FIFIELD DIRECTOR 1.00
Director
$0 $0 $0
JERRY BROWN DIRECTOR 1.00
Director
$0 $0 $0
CRAIG YARBROUGH 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
2025 $379,116 $290,901 $299,269 $88,215
2024 No data No data No data No data
2023 $191,486 $110,845 $164,507 $80,641
2022 $143,601 $93,912 $82,660 $49,689
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