BUILDING OWNERS AND MANAGERS ASSOCIATION OF CHICAGO

EIN: 360852810

CHICAGO, IL

Total Revenue
$3,145,379
Total Expenses
$3,296,717
Total Assets
$2,979,046
Net Assets
$1,266,894
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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
1902
Legal Domicile
IL
Principal Officer
NANCY CAPADONA
Phone
3128709600
Tax Period
2024-01-01 to 2024-12-31

BUILDING OWNERS AND MANAGERS ASSOCIATION OF CHICAGO, founded in 1902, is a community nonprofit that reported $3.1M in total revenue in fiscal year 2024.

Mission

TO PROMOTE THE WELFARE AND ADVANCE THE INTERESTS OF THE OFFICE BUILDING INDUSTRY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $355,923
Program Service Revenue $2,674,375
Investment Income $100,848
Other Revenue $14,233
TOTAL REVENUE $3,145,379

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,566,198
Fundraising Expenses $0
Other Expenses $1,730,519
TOTAL EXPENSES $3,296,717

Year-over-Year Comparison

2024 2023 Change
Revenue $3,145,379 $3,152,781 0.0%
Expenses $3,296,717 $3,215,990 +0.0%
Net Income $-151,338 $-63,209 +1.4%
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
21
Independent Members
21
Employees
8
Volunteers
305

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
$360,800
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ABBY O'ROURKE DIRECTOR (NEW AFTER 11/21/24) 0.40
Director
$0 $0 $0
CHUCK WAGENER DIRECTOR (THROUGH 11/21/24) 0.40
Director
$0 $0 $0
COLLEEN SCHMIEGE DIRECTOR 0.40
Director
$0 $0 $0
DAVID HOPWOOD DIRECTOR 0.40
Director
$0 $0 $0
DENYSE PINS FRANZESE DIRECTOR 0.40
Director
$0 $0 $0
DERRICK JOHNSON DIRECTOR 2.00
Director
$0 $0 $0
GARY MICHON DIRECTOR (THROUGH 7/11/24) 0.40
Director
$0 $0 $0
GRAHAM GRADY DIRECTOR 0.40
Director
$0 $0 $0
KATE GUERCIO DIRECTOR 0.40
Director
$0 $0 $0
KRISTI RANKIN VICE PRESIDENT 0.40
Officer Director
$0 $0 $0
LANCE KNEZ DIRECTOR 0.40
Director
$0 $0 $0
MEG HANLEY DIRECTOR 0.40
Director
$0 $0 $0
MICAH LARMIE DIRECTOR 0.40
Director
$0 $0 $0
MICHAEL GIESE TREASURER 0.40
Officer Director
$0 $0 $0
NANCY CAPADONA DIRECTOR/ VICE PRES. THROUGH 11/21/24 0.40
Officer Director
$0 $0 $0
PATRICK CARUSO DIRECTOR 0.40
Director
$0 $0 $0
PHILLIP STAFFORD DIRECTOR/PRESIDENT THROUGH 11/21/24 2.00
Officer Director
$0 $0 $0
STEPHEN SISE DIRECTOR 0.40
Director
$0 $0 $0
SUZANNE HENDRICK DIRECTOR 0.40
Director
$0 $0 $0
TJ BROOKOVER DIRECTOR 0.40
Director
$0 $0 $0
TAMALA BALLARD DIRECTOR 0.40
Director
$0 $0 $0
TERRI MAURER DIRECTOR 0.40
Director
$0 $0 $0
VIVIAN OROZCO DIRECTOR (THROUGH 11/21/24) 0.40
Director
$0 $0 $0
WADE ROGERS DIRECTOR 0.40
Director
$0 $0 $0
FARZIN PARANG EXECUTIVE DIRECTOR & SECRETARY 40.00
Officer
$308,215 $52,585 $360,800
AMY MASTERS WOOD DIRECTOR OF GOVERNMENT & EXTERNAL AFFAIRS 40.00
Highest
$186,200 $28,128 $214,328
BETH HALAT DIRECTOR OF MEMBER SERVICE 40.00
Highest
$130,100 $24,726 $154,826
JACLYNNE MADDEN DIRECTOR OF EDUCATION 40.00
Highest
$124,800 $24,240 $149,040
PAUL JOST DIRECTOR OF ACCOUNTING & FINANCE 40.00
Highest
$140,389 $34,106 $174,495
ROB JOHNSON DIRECTOR OF CIVIC ENGAGEME 40.00
Highest
$163,115 $43,354 $206,469
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 $3,145,379 $3,296,717 $2,979,046 $-151,338
2023 $3,152,781 $3,215,990 $3,166,929 $-63,209
2022 $3,229,018 $2,904,501 $1,912,331 $324,517
2021 $2,903,504 $2,897,980 $1,459,387 $5,524
2020 $2,567,223 $2,801,870 $1,870,263 $-234,647
2019 $2,948,379 $2,923,199 $2,022,731 $25,180
2018 $2,863,875 $2,867,760 $1,749,804 $-3,885
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