BUILDING OWNERS & MANAGERS ASSOCIATION OF INDIANA INC

EIN: 350203710 Community Improvement

INDIANAPOLIS, IN

Total Revenue
$629,183
Total Expenses
$615,678
Total Assets
$803,380
Net Assets
$664,638
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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
1933
Legal Domicile
IN
Principal Officer
BRITTANY AHLBRAND
Phone
3176324104
Tax Period
2023-01-01 to 2023-12-31

BUILDING OWNERS & MANAGERS ASSOCIATION OF INDIANA INC, founded in 1933, is a small nonprofit in the Community Improvement sector that reported $629K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

TO ACTIVELY AND RESPONSIBLY REPRESENT THE INTERESTS OF THE COMMERCIAL REAL ESTATE INDUSTRY THROUGH LEADERSHIP, ADVOCACY, DISSEMINATION OF INFORMATION AND PROFESSIONAL DEVELOPMENT.

Program Service Accomplishments

Program 1

THE ASSOCIATION HAS MEMBERS THROUGHOUT THE STATE OF INDIANA COMMERCIAL REAL ESTATE INDUSTRY. IT PROVIDES ITS MEMBERS WITH VARIOUS ACTIVITIES, PROGRAMS AND SERVICES, INCLUDING AN ANNUAL TRADE SHOW...

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THE ASSOCIATION HAS MEMBERS THROUGHOUT THE STATE OF INDIANA COMMERCIAL REAL ESTATE INDUSTRY. IT PROVIDES ITS MEMBERS WITH VARIOUS ACTIVITIES, PROGRAMS AND SERVICES, INCLUDING AN ANNUAL TRADE SHOW, EDUCATIONAL SEMINARS, NEWSLETTERS AND A MEMBERSHIP DIRECTORY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $574,154
Investment Income $12,826
Other Revenue $42,203
TOTAL REVENUE $629,183

Expense Breakdown

Grants Paid $20,947
Salaries & Benefits $188,285
Fundraising Expenses $0
Other Expenses $406,446
TOTAL EXPENSES $615,678

Year-over-Year Comparison

2023 2022 Change
Revenue $629,183 $533,764 +0.2%
Expenses $615,678 $573,424 +0.1%
Net Income $13,505 $-39,660 -1.3%
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
13
Independent Members
13
Employees
3
Volunteers
90

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
7
$114,045
Total Directors
14
$114,045
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRITTANY AHLBRAND PRESIDENT 2.00
Officer Director
$0 $0 $0
CHRISTOPHER HORSLEY VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
LACY SHOWERS SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
TRISTAN GLOVER IMMEDIATE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
BOB KORT ALLIED MEMBER CHAIR 1.00
Officer Director
$0 $0 $0
RYAN DIPPOLD ALLIED MEMBER CO-CHAIR 1.00
Officer Director
$0 $0 $0
KIM BELL DIRECTOR 1.00
Director
$0 $0 $0
THEOTTO LILLARD DIRECTOR 1.00
Director
$0 $0 $0
KIM MAGNESS DIRECTOR 1.00
Director
$0 $0 $0
TOM MCKNEIGHT DIRECTOR 1.00
Director
$0 $0 $0
ERIN SHEPHERD DIRECTOR 1.00
Director
$0 $0 $0
JORDAN SPECKMAN DIRECTOR 1.00
Director
$0 $0 $0
KATE LIM EMERGING LEADER DIRECTOR 1.00
Director
$0 $0 $0
SARAH KUESTER EXECUTIVE DIRECTOR 40.00
Officer Director
$110,979 $3,066 $114,045
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 $629,183 $615,678 $803,380 $13,505
2022 $533,764 $573,424 $781,829 $-39,660
2021 $417,985 $421,305 $799,448 $-3,320
2020 $408,890 $354,251 $788,965 $54,639
2019 $455,474 $405,057 $752,151 $50,417
2018 $444,442 $427,910 $695,611 $16,532
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