BUILDING OWNERS AND MANAGERS ASSOC… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1977

Legal Domicile

Principal Officer

MARY SKUDZINSKAS

Phone

4336401059

Tax Period

2024-01-01 to 2024-12-31

BUILDING OWNERS AND MANAGERS ASSOCIATION OF GREATER BALTIMORE INC, founded in 1977, is a small nonprofit that reported $515K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

TO ACTIVELY REPRESENT THE BEST INTERESTS OF THE COMMERCIAL REAL ESTATE OWNER, THE REAL ESTATE PROFESSIONAL, AND OUR ASSOCIATE MEMBERS THROUGH EFFECTIVE LEADERSHIP IN ADVOCACY, COLLECTION AND DISSSEMINATION OF INDUSTRY INFORMATION, EDUCATION, COMMUNITY INVOLVEMENT, MEMBERSHIP PARTICIPATION, AND PROFESSIONAL DEVELOPMENT.

Program Service Accomplishments

Program 1

MEETINGS - TO HELP MEMBERS WITH THE MANAGEMENT OF BUILDINGS AND RECOGNIZE MEMBERS THAT ARE OUTSTANDING IN THEIR FIELD. ALL MEMBERS ARE BENEFITED

Program 2

WEBSITE - TO PROVIDE INFORMATION TO MEMBERS ABOUT MEETING DATES, TOPICS, ETC. ALL MEMBERS ARE BENEFITED.

Program 3

BOMI COURSES - PROVIDES COURSES FOR MEMBERS ON TOPICS THAT ARE OF INTEREST. ALL MEMBERS ARE BENEFITED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $502,837

Investment Income $12,272

Other Revenue $0

TOTAL REVENUE $515,109

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $503,130

TOTAL EXPENSES $503,130

Year-over-Year Comparison

	2024	2023	Change
Revenue	$515,109	$459,407	+0.1%
Expenses	$503,130	$433,503	+0.2%
Net Income	$11,979	$25,904	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
GERBEN VAN DORPE	PRESIDENT	1.00	Officer Director	$0	$0	$0
KIMBERLY HOGAN	FIRST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ERIK NURMI	TREASURER	1.00	Officer Director	$0	$0	$0
MARGARET EVANS	IMMEDIATE PAST PRESIDENT	1.00	Director	$0	$0	$0
KRISTIE ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN BAUER	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER FLURRY	DIRECTOR	1.00	Director	$0	$0	$0
BRAD HARRISON	DIRECTOR	1.00	Director	$0	$0	$0
ED OKONSKI	DIRECTOR	1.00	Director	$0	$0	$0
CLINTON RAMSUNDAR	DIRECTOR	1.00	Director	$0	$0	$0
LIANE REESE	DIRECTOR	1.00	Director	$0	$0	$0
BRENT WISE	DIRECTOR	1.00	Director	$0	$0	$0
DEBBIE HEAVER	ASSOCIATE CHAIR	1.00	Director	$0	$0	$0
N/A	ASSOCIATE VICE CHAIR	1.00		$0	$0	$0
MARY SKUDZINSKAS	CFO	4.00	Officer	$0	$0	$0
JENNIFER THORTON	EXECUTIVE DIRECTOR	12.00	Officer	$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	$515,109	$503,130	$345,166	$11,979
2023	$459,407	$433,503	$261,914	$25,904
2022	$343,307	$342,228	$217,866	$1,079
2021	$289,490	$278,473	$252,513	$11,017
2020	$238,869	$267,232	$214,905	$-28,363
2019	$321,557	$321,761	$234,981	$-204
2018	$348,748	$348,956	$223,109	$-208

BUILDING OWNERS AND MANAGERS ASSOCIATION OF GREATER BALTIMORE INC