APARTMENT BUILDING OWNERS AND MANAGERS

EIN: 362138663

CHICAGO, IL

Total Revenue
$356,905
Total Expenses
$252,236
Total Assets
$440,944
Net Assets
$440,944
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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
1936
Legal Domicile
IL
Principal Officer
CHRISTINE FRIEND
Phone
3129022266
Tax Period
2025-01-01 to 2025-12-31

APARTMENT BUILDING OWNERS AND MANAGERS, founded in 1937, is a small nonprofit that reported $254K in total revenue in fiscal year 2020. Revenue decreased 16% compared to the prior year.

Mission

ABOMA REPRESENTS THE HIGH RISE AND WALK UP RESIDENTIAL PROPERTIES IN THE CHICAGO AREA PROVIDING EDUCATION IN THE AREA OF PROPERTY MANAGEMENT AND NEGOTIATES INDUSTRY WIDE COLLECTIVE BARGAINING AGREEMENTS WITH SEIU LOCAL 1 AND TEAMSTERS UNION LOCAL 727

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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 $328,530
Program Service Revenue $25,661
Investment Income $2,714
Other Revenue $0
TOTAL REVENUE $356,905

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $165,977
Other Expenses $252,236
TOTAL EXPENSES $252,236

Year-over-Year Comparison

2025 2024 Change
Revenue $356,905 $344,996 +0.0%
Expenses $252,236 $331,328 -0.2%
Net Income $104,669 $13,668 +6.7%
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
587
Independent Members
22
Employees
N/A
Volunteers
28

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
6
$0
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAIME SARTIN PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN BIEG TREASURER 1.00
Officer Director
$0 $0 $0
CHRISTINE FRIEND SECRETARY 1.00
Officer Director
$0 $0 $0
TIMOTHY KRAMER 1ST VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
SHRUTI KUMAR 2ND VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
ASTAIRRE SUTTON 3RD VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
DEAN ANDREWS DIRECTOR 0.50
Director
$0 $0 $0
BARBARA AL-SAIGH DIRECTOR 0.50
Director
$0 $0 $0
BRIAN BUTLER DIRECTOR 0.50
Director
$0 $0 $0
SHEILA BYRNE DIRECTOR 0.50
Director
$0 $0 $0
GENE GAUDIO DIRECTOR 0.50
Director
$0 $0 $0
ROBERT GRAF DIRECTOR 0.50
Director
$0 $0 $0
JENNIE KOBZAREV DIRECTOR 0.50
Director
$0 $0 $0
DEAN LERNER DIRECTOR 0.50
Director
$0 $0 $0
BRIAN LOZELL DIRECTOR 0.50
Director
$0 $0 $0
MILENA RADJENOVICH DIRECTOR 0.50
Director
$0 $0 $0
JUDY ROWE DIRECTOR 0.50
Director
$0 $0 $0
IRMA RUIZ-COLLINS DIRECTOR 0.50
Director
$0 $0 $0
THOMAS SKWERES DIRECTOR 0.50
Director
$0 $0 $0
JAMES WATTS DIRECTOR 0.50
Director
$0 $0 $0
DOUGLAS WOODWORTH DIRECTOR 0.50
Director
$0 $0 $0
COLLEEN NEEDHAM DIRECTOR 0.50
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 $356,905 $252,236 $440,944 $104,669
2024 No data No data No data No data
2023 $368,365 $252,412 $322,684 $115,953
2022 $349,516 $303,023 $206,731 $46,493
2021 $318,760 $237,607 $160,238 $81,153
2020 $253,916 $278,463 $79,086 $-24,547
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