BUILDING OWNERS AND MANAGERS ASSOC… - 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

1979

Principal Officer

YANEI PEREZ

Phone

3055300083

Tax Period

2024-01-01 to 2024-12-31

BUILDING OWNERS AND MANAGERS ASSOCIATION OF MIAMI, founded in 1979, is a small nonprofit in the Community Improvement sector that reported $570K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

THE ORGANIZATION SUPPORTS AND PROMOTES EDUCATION PROGRAMS AND EVENTS FOR COMMERCIAL REAL ESTATE PROPERTY OWNERS AND PROPERTY MANAGERS.

Program Service Accomplishments

Program 1

Expenses: $16,403 Revenue: $245,614

THE ORGANIZATION OFFERS A VARIETY OF PROGRAMS AND MEETINGS DESIGNED TO ENHANCE AND ADVANCE THE KNOWLEDGE AND CAREERS FOR COMMERCIAL REAL ESTATE PROFESSIONALS.

Program 2

Expenses: $375,068 Revenue: $151,721

THE ORGANIZATION HOLDS ANNUAL TOBY AWARDS CEREMONY RECOGNIZING LOCAL REAL ESTATE PROPERTY OWNERS, MANAGERS AND PROFESSIONALS IN ORDER TO ENHANCE PROFESSIONAL CONNECTIONS AND INDUSTRY AWARENESS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $172,430

Program Service Revenue $397,335

Investment Income $241

Other Revenue $0

TOTAL REVENUE $570,006

Expense Breakdown

Grants Paid $0

Salaries & Benefits $73,326

Fundraising Expenses $0

Program Expenses $391,471

Other Expenses $500,955

TOTAL EXPENSES $574,281

Year-over-Year Comparison

	2024	2023	Change
Revenue	$570,006	$508,182	+0.1%
Expenses	$574,281	$374,803	+0.5%
Net Income	$-4,275	$133,379	-1.0%

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

$66,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOCELYNN SERNA	DIRECTOR	6.00	Director	$66,000	$0	$66,000
JACQUELINE ALEMAN	TREASURER	1.00	Director	$0	$0	$0
DAN CALELLO	DIRECTOR	1.00	Director	$0	$0	$0
CHESTER ESCOBAR	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE HORN	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN HUNT	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER JAMES	DIRECTOR	1.00	Director	$0	$0	$0
DIANA KATO	DIRECTOR	1.00	Director	$0	$0	$0
EVELYN MERCADO	PAST PRESIDE	1.00	Officer Director	$0	$0	$0
IDANIS MIYARES	DIRECTOR	1.00	Director	$0	$0	$0
GRACE VALDIVIA	DIRECTOR	1.00	Director	$0	$0	$0
HILDA MENDOZA	SECRETARY	1.00	Officer	$0	$0	$0
YANEI PEREZ	PRESIDENT	1.00	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	$570,006	$574,281	$157,116	$-4,275
2023	$508,182	$374,803	$305,003	$133,379
2022	$338,836	$276,283	$174,240	$62,553
2021	$361,244	$345,053	$121,135	$16,191
2020	$103,764	$118,614	$123,517	$-14,850
2018	$352,461	$371,940	$236,680	$-19,479

BUILDING OWNERS AND MANAGERS ASSOCIATION OF MIAMI