Building Owners & Managers Institute International Inc
- Assets
- $3.2m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 23
- Location
- Annapolis, MD
- Founding
- 12/1970
- Data as of
- 06/2022
- EIN
- 23-7070298
Organization Overview
Building Owners & Managers Institute International Inc is located in Annapolis, MD. The organization was established in 1970. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Building Owners & Managers Institute International Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Owners & Managers Institute International Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Building Owners & Managers Institute International Inc generated $3.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $3.2m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 7 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
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL ACTIVITIES (EXAM SERVICES) AND GRADUATE SERVICES:DURING FISCAL YEAR 2022, BOMI INTERNATIONAL ENROLLED 1,622 NEW STUDENTS IN ITS PROFESSIONAL DESIGNATION PROGRAMS, REGISTERED 4,005 STUDENTS IN SELF-STUDY/ONLINE SELF PACED OR INSTRUCTED COURSES, AND ADMINISTERED 3,375 EXAMINATIONS. BOMI INTERNATIONAL ALSO CONFERRED 241 DESIGNATIONS THROUGH THE REAL PROPERTY ADMINISTRATOR (RPA), FACILITIES MANAGEMENT ADMINISTRATOR (FMA), AND SYSTEMS MANAGEMENT ADMINISTRATION (SMA) PROGRAMS.
STUDENT SERVICES:BOMI INTERNATIONAL FIELDS INQUIRIES ABOUT OUR EDUCATIONAL PROGRAMS FROM REFERRALS, MAGAZINE ADS, ONLINE ADVERTISEMENTS, EMAIL CAMPAIGNS, AND DIRECT MAIL. IN ADDITION, WE RESPOND TO DAILY CALLS FROM CURRENT STUDENTS AND GRADUATES, COORDINATE DIRECT ON-SITE TRAINING TO CORPORATE CLIENTS AND CONDUCT OUTREACH EFFORTS TO CURRENT STUDENTS, GRADUATES AND PROSPECTS. ADDITIONAL OUTREACH EFFORTS ARE THROUGH BOMI'S WEBSITE, SOCIAL MEDIA PLATFORMS SUCH AS FACEBOOK, TWITTER, AND LINKEDIN, DIRECT MAIL AND EMAIL CAMPAIGNS, EDUCATIONAL CATALOG, ENEWSLETTER, TRADE SHOW PROMOTIONS, AND BOARD OF TRUSTEES' COMMUNICATIONS.
EDUCATION CURRICULUM:BOMI INTERNATIONAL'S PROPERTY AND FACILITIES MANAGEMENT EDUCATIONAL OFFERINGS ARE LEADING-EDGE AND ADVANCE THE PROFESSION; OUR COURSE AND EXAM MATERIALS ARE STATE-OF-THE-ART. WE CURRENTLY OFFER 24 COURSES EITHER IN-CLASS, ONLINE, OR IN A SELF-STUDY FORMAT WHICH CAN LEAD TO A BOMI INTERNATIONAL PROFESSIONAL DESIGNATION: RPA, FMA, BOMI-HP, SMA, SMT. BOMI INTERNATIONAL ALSO OFFERS CERTIFICATES IN SPECIALIZED AREAS OF PROPERTY AND FACILITIES MANAGEMENT. BOMI INTERNATIONAL EDUCATED PROFESSIONALS MEET RIGOROUS PROFESSIONAL STANDARDS AND CAN IMMEDIATELY APPLY THEIR COURSEWORK KNOWLEDGE TO BUILD A MORE ROBUST CAREER IN PROPERTY AND FACILITIES MANAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffery Horn President & CEO | Officer | 40 | $207,030 |
Cathy Calliotte Director Of Marketing | 40 | $108,187 | |
Tim O'donald Chairman | OfficerTrustee | 2 | $0 |
Nick Stolatis Immediate Former Chairman | OfficerTrustee | 1 | $0 |
Dave Pogue Secretary/treasurer | OfficerTrustee | 2 | $0 |
Trish Faidiga Vice Chairman | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marcum Llp Accounting | 6/29/22 | $216,900 |
Viatech Publishing Solutions Printing & Fullfillment | 6/29/22 | $182,300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $356,495 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,738 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $369,233 |
| Total Program Service Revenue | $3,368,529 |
| Investment income | $24,698 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,994 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,769,079 |
| 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. | $247,730 |
| Compensation of current officers, directors, key employees. | $247,730 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $881,006 |
| Pension plan accruals and contributions | $52,440 |
| Other employee benefits | $142,986 |
| Payroll taxes | $117,603 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,764 |
| Fees for services: Accounting | $258,277 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,794 |
| Fees for services: Other | $397,689 |
| Advertising and promotion | $46,384 |
| Office expenses | $38,472 |
| Information technology | $92,301 |
| Royalties | $0 |
| Occupancy | $192,178 |
| Travel | $118,664 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,073 |
| Interest | $17,884 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $288,739 |
| Insurance | $26,793 |
| All other expenses | $9,131 |
| Total functional expenses | $3,172,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $624,070 |
| Savings and temporary cash investments | $6,119 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $228,935 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $790,732 |
| Inventories for sale or use | $7,933 |
| Prepaid expenses and deferred charges | $55,795 |
| Net Land, buildings, and equipment | $148,012 |
| Investments—publicly traded securities | $520,387 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $817,588 |
| Total assets | $3,199,571 |
| Accounts payable and accrued expenses | $412,751 |
| Grants payable | $0 |
| Deferred revenue | $116,330 |
| 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 | $254,366 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $169,308 |
| Total liabilities | $952,755 |
| Net assets without donor restrictions | $2,246,816 |
| 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 | $3,199,571 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Service Corps Of Retired Executives Association Herndon, VA | $11,816,704 | $17,894,443 |
National Community Reinvestment Coalition Inc Washington, DC | $111,740,328 | $10,929,174 |
Tax Executives Institute Inc Washington, DC | $12,071,581 | $6,324,223 |
Lutheran Social Ministries Of Maryland Inc Westminster, MD | $1,453,479 | $5,224,632 |
Service Coordination Resources Inc Erie, PA | $0 | $3,464,640 |
Building Owners & Managers Institute International Inc Annapolis, MD | $3,199,571 | $3,769,079 |
Modular Building Institute Charlottesville, VA | $2,058,716 | $1,866,624 |
Plumbing Manufacturers International Nfp Mclean, VA | $1,816,180 | $1,986,956 |
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Innovative Manufacturers Center Inc Williamsport, PA | $2,231,135 | $1,571,341 |
National Classification Management Society Wayne, PA | $1,638,415 | $1,460,567 |
American Association Of Political Consultants Inc McLean, VA | $1,413,996 | $755,148 |