New York Building Managers Association Inc
- Assets
- $101.9k
- Revenue
- $80.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Woodbury, NY
- Founding
- 02/1945
- Data as of
- 05/2022
- EIN
- 13-6127552
Organization Overview
New York Building Managers Association Inc is located in Woodbury, NY. The organization was established in 1945. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. New York Building Managers Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 05/2022, New York Building Managers Association Inc generated $80.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.4%) each year. All expenses for the organization totaled $78.3k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 6 years. 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
THE NEW YORK BUILDING MANAGER'S ASSOCIATION OF NEW YORK IS A NOT FOR PROFIT ORGANIZATION FOUNDED IN 1917 WHICH PROVIDES SERVICES TO INDIVIDUALS ENGAGED IN THE SUPERINTENDING AND MAINTENANCE OF BUILDINGS IN NEW YORK. ITS OBJECTIVES ARE TO PROMOTE A BETTER CHANNELING OF INFORMATION TO ALL THE BUILDING MANAGERS AND TO ACHIEVE A GREATER EFFICIENCY IN THE MAINTENANCE AND OPERATIONS OF BUILDINGS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A MONTHLY BULLETIN IS PUBLISHED TO KEEP MEMBERS INFORMED OF REAL ESTATE DEVELOPMENTS IN THE CITY. IN ADDITION, DONATIONS ARE MADE TO LOCAL NYC HOSPITALS, TO THE UNFORTUNATE SICK AND AGED AS WELL AS CHILDREN.
THE ASSOCIATION OFFERS REGULAR LECTURES WHICH EMPHASIZES DEVELOPMENTS IN THE FIELD OF VENTILATION, AIR CONDITIONING AND OTHER POLLUTION ABATEMENT DEVICES TO PROTECT THE ENVIRONMENT.
THE ORGANIZATION PROVIDES SCHOLARSHIP FUNDS TO INDIVIDUALS WHO ACHEIVE CERTAIN GOALS AS OUTLINED IN THE BYLAWS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ismet Arifi President | Officer | 5 | $0 |
Marvin Diaz Vice President | Officer | 5 | $0 |
Larry Cook Secretary | Officer | 5 | $0 |
Wojciech Siedlik Fin'l Secretary | Officer | 5 | $0 |
Tom Smajlaj Treasurer | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $46,550 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $33,639 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $80,193 |
| 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 | $5,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $415 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,904 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $49,407 |
| All other expenses | $0 |
| Total functional expenses | $78,311 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $76,497 |
| Savings and temporary cash investments | $0 |
| 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 | $25,450 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $101,947 |
| Accounts payable and accrued expenses | $5,750 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $30,395 |
| Total liabilities | $36,145 |
| Net assets without donor restrictions | $65,802 |
| 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 | $101,947 |