BUILDING OWNERS AND MANAGERS ASSOCIATION OF SALT LAKE CITY

EIN: 942462544 Community Improvement

LEHI, UT

Total Revenue
$351,754
Total Expenses
$310,309
Total Assets
$525,216
Net Assets
$525,216
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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
1977
Legal Domicile
UT
Principal Officer
COURTNEY LONG
Phone
8012681267
Tax Period
2025-01-01 to 2025-12-31

BUILDING OWNERS AND MANAGERS ASSOCIATION OF SALT LAKE CITY, founded in 1977, is a small nonprofit in the Community Improvement sector that reported $352K in total revenue in fiscal year 2025. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $310K left a modest 12% surplus.

Mission

BOMA UTAH IS THE STANDARD OF EXCELLENCE PROVIDING THE BEST IN CLASS INDUSTRY LEADING PRACTICES, STRONG EDUCATION, LOCAL ADVOCACY, FRIENDLY NETWORKING UNITY OF COMMERCIAL REAL ESTATE PROFESSIONALS IN THE STATE OF UTAH.

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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 $0
Program Service Revenue $258,497
Investment Income $10,394
Other Revenue $82,863
TOTAL REVENUE $351,754

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $310,309
TOTAL EXPENSES $310,309

Year-over-Year Comparison

2025 2024 Change
Revenue $351,754 $316,658 +0.1%
Expenses $310,309 $245,989 +0.3%
Net Income $41,445 $70,669 -0.4%
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
12
Independent Members
12
Employees
N/A
Volunteers
80

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
0
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BART CALEY Treasurer 0.00
Director
$0 $0 $0
LAURA GIBSON Director 0.00
Director
$0 $0 $0
SCOTT BENNION Director 0.00
Director
$0 $0 $0
CHLOE GEHRKE Director 0.00
Director
$0 $0 $0
NICOLE QUIRK President 0.00
Director
$0 $0 $0
COURTNEY LONG Executive Dir. 0.00
Director
$0 $0 $0
LEE CLARK Director 0.00
Director
$0 $0 $0
STEWART BATES Director 0.00
Director
$0 $0 $0
ANDY HAYFORD Vice President 0.00
Director
$0 $0 $0
CHRIS MABEY Director 0.00
Director
$0 $0 $0
TAMMY RASMUSSEN Director 0.00
Director
$0 $0 $0
MIKE REIDY Director 0.00
Director
$0 $0 $0
CLINT REMICK Director 0.00
Director
$0 $0 $0
TOM RICHTER Director 0.00
Director
$0 $0 $0
HEATHER RUUD Director 0.00
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 $351,754 $310,309 $525,216 $41,445
2024 $316,658 $245,989 $554,116 $70,669
2023 $267,838 $289,197 $484,032 $-21,359
2022 $309,288 $272,248 $506,392 $37,040
2021 $327,720 $218,231 $489,972 $109,489
2021 $307,100 $218,231 $469,352 $88,869
2020 $245,530 $200,381 $380,033 $45,149
2019 $359,084 $242,401 $401,713 $116,683
2018 $341,781 $238,855 $298,841 $102,926
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