BUILDING OWNERS AND MANAGERS ASSOCIATION OF METROPOLITAN DETROIT (EIN 380383751) - Form 990 Financial Analysis & Trantor Score

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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

1934

Legal Domicile

Principal Officer

TREVOR DUKE

Tax Period

2023-01-01 to 2023-12-31

BUILDING OWNERS AND MANAGERS ASSOCIATION OF METROPOLITAN DETROIT, founded in 1934, is a small nonprofit that reported $432K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TRADE ASSOCIATION PROVIDING EDUCATIONAL AND OTHER SUPPORT FOR MEMBERS.

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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 $379,036

Investment Income $299

Other Revenue $52,908

TOTAL REVENUE $432,243

Expense Breakdown

Grants Paid $0

Salaries & Benefits $211,980

Fundraising Expenses $0

Other Expenses $233,524

TOTAL EXPENSES $445,504

Year-over-Year Comparison

	2023	2022	Change
Revenue	$432,243	$394,214	+0.1%
Expenses	$445,504	$404,752	+0.1%
Net Income	$-13,261	$-10,538	+0.3%

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

Governance

Voting Members

Independent Members

Employees

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

$167,838

Total Directors

$26,462

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL O FITZGERALD	PRESIDENT	1.00	Officer Director	$0	$0	$0
WILLIAM GILBERT	SECRETARY	1.00	Officer Director	$0	$0	$0
KARIN MEIER	TREASURER	1.00	Officer Director	$0	$0	$0
GREGORY MCDUFFEE	DIRECTOR	1.00	Director	$0	$0	$0
KIM FARMER	DIRECTOR	1.00	Director	$0	$0	$0
CINDY WIEGAND	DIRECTOR	1.00	Director	$0	$0	$0
KAREN SKIERSKI	DIRECTOR	1.00	Director	$0	$0	$0
TREVOR DUKE	DIRECTOR	1.00	Director	$0	$0	$0
JANET LANGLOIS	EXECUTIVE DI	40.00	Officer	$161,200	$6,638	$167,838
RICK TROY	DIRECTOR	40.00	Director	$26,462	$0	$26,462
BRIAN SALLIOTTE	DIRECTOR	N/A	Director	$0	$0	$0
KIRK VANMEERBEECK	DIRECTOR	N/A	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	$432,243	$445,504	$71,862	$-13,261
2022	$394,214	$404,752	$154,253	$-10,538
2021	$370,309	$428,274	$147,953	$-57,965
2020	$522,718	$493,563	$161,733	$29,155

BUILDING OWNERS AND MANAGERS ASSOCIATION OF METROPOLITAN DETROIT