BUILDING OWNERS & MANAGERS ASSOCIA… - Form 990 Financial Data

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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

1949

Legal Domicile

Principal Officer

KATE MULLINEX

Phone

5159673895

Tax Period

2025-01-01 to 2025-12-31

BUILDING OWNERS & MANAGERS ASSOCIATION O BOMA IOWA, founded in 1949, is a small nonprofit that reported $246K in total revenue in fiscal year 2025. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $219K left a modest 11% surplus.

Mission

TO REPRESENT AND PROMOTE THE INTERESTS OF THE COMMERCIAL REAL ESTATE INDUSTRY THROUGH EFFECTIVE LEADERSHIP, ADVOCACY, EXCHANGE OF INFORMATION, AND PROFESSIONAL DEVELOPMENT.

Program Service Accomplishments

Program 1

A LOCAL NEWSLETTER IS POSTED MONTHLY TO THE WEBSITE AND OTHER PUBLICATIONS INCITED BY BOMA INTERNATIONAL HELP KEEP MEMBERS UP TO DATE WITH LOCAL AND INTERNATIONAL REGULATIONS AND EVENTS. THESE ARE...

A LOCAL NEWSLETTER IS POSTED MONTHLY TO THE WEBSITE AND OTHER PUBLICATIONS INCITED BY BOMA INTERNATIONAL HELP KEEP MEMBERS UP TO DATE WITH LOCAL AND INTERNATIONAL REGULATIONS AND EVENTS. THESE ARE DISTRIBUTED TO OVER 150 INDIVIDUALS.

Program 2

MONTHLY MEMBERSHIP MEETINGS ARE HELD WITH SPEAKERS ADDRESSING TOPICS OF GENERAL AND SPECIFIC INTERESTS AND GUIDELINES AS WELL AS REGULATIONS AFFECTING BUILDING MANAGEMENT PERSONNEL. THE AVERAGE...

MONTHLY MEMBERSHIP MEETINGS ARE HELD WITH SPEAKERS ADDRESSING TOPICS OF GENERAL AND SPECIFIC INTERESTS AND GUIDELINES AS WELL AS REGULATIONS AFFECTING BUILDING MANAGEMENT PERSONNEL. THE AVERAGE ATTENDANCE AT THESE MEETINGS IS APPROXIMATELY FIFTY-FIVE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $223,734

Investment Income $21,854

Other Revenue $0

TOTAL REVENUE $245,588

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $218,693

TOTAL EXPENSES $218,693

Year-over-Year Comparison

	2025	2024	Change
Revenue	$245,588	$187,485	+0.3%
Expenses	$218,693	$200,181	+0.1%
Net Income	$26,895	$-12,696	-3.1%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEX HIGGINBOTHAM	VP-SEC/TREAS	2.00	Officer Director	$0	$0	$0
MITCH WIECZOREK	VP - MEMBERSHIP	2.00	Officer Director	$0	$0	$0
CHRIS SCHMIDT	PAST PRESIDENT	2.00	Director	$0	$0	$0
KEVIN RODMAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
CRAIG CLABAUGH	ALLIED REP	2.00	Director	$0	$0	$0
ALEX BRODERICK	VP-PROGRAMS	2.00	Officer Director	$0	$0	$0
DAN CARLSON	VP-EDUCATION	2.00	Officer Director	$0	$0	$0
KATE MULLINEX	MEMBER AT LARGE	2.00	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	$245,588	$218,693	$443,953	$26,895
2024	$187,485	$200,181	$403,011	$-12,696
2023	$171,922	$168,621	$406,261	$3,301
2022	$143,654	$134,423	$383,877	$9,231
2021	$159,397	$120,166	$409,922	$39,231
2020	$125,311	$110,364	$371,029	$14,947
2019	$163,305	$132,083	$349,345	$31,222

BUILDING OWNERS & MANAGERS ASSOCIATION O BOMA IOWA