Building Owners And Managers Asociation Of Raleigh-Durham Inc
- Assets
- $619.0k
- Revenue
- $181.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Mebane, NC
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 06-1652543
Organization Overview
Building Owners And Managers Asociation Of Raleigh-Durham Inc, operating under the name Bomardu, is located in Mebane, NC. The organization was established in 0000. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bomardu is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Bomardu generated $181.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $256.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PEER NETWORKING OPPORTUNITIES, EDUCATION, AND PROFESSIONAL DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
OTHER ORGANIZATIONAL ACTIVITIESTRAVEL 16926CONFERENCES 4600SPECIAL EVENTS 54560 MEMBERSHIP AWARDS 2859INTERNATL DUES 67401OTHER 11122 TOTAL 157468
LUNCH MEETINGS INCLUDE SPEAKERS FOR TOPICS SUCH AS ECONOMIC DEVELOPMENT, COMMERCIAL REAL ESTATE, ABSORPTION STATISTICS, LEASE RATES, FIRE CODES, AND AND EMERGENCY PREPAREDNESS
EDUCATIONAL SEMINARS PROVIDE MEMBERS WITH THE OPPORTUNITY FOR CONTINUING EDUCATION IN THE FIELD AND EXPLORATION OF CURRENT AND RELEVANT TOPICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Bell Member At Large | Trustee | 1 | $0 |
Peter DE Leon Member At Large | Trustee | 1 | $0 |
Bobby Ciampa Member At Large | Trustee | 1 | $0 |
Dwight Johnson Member At Large | Trustee | 1 | $0 |
Jeremy Logue Member At Large | Trustee | 1 | $0 |
Amy Mayer President Elect | Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $68,621 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,858 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,479 |
| Total Program Service Revenue | $39,034 |
| Investment income | $1,267 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $181,125 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,257 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $16,926 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,600 |
| Interest | $219 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,639 |
| All other expenses | $152,285 |
| Total functional expenses | $256,405 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $459,647 |
| Savings and temporary cash investments | $101,176 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,069 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $57,066 |
| Total assets | $618,958 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $98,416 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $478 |
| Total liabilities | $98,894 |
| Net assets without donor restrictions | $520,064 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $618,958 |