Boma Orlando Inc
- Assets
- $618.9k
- Revenue
- $409.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Cloud, FL
- Founding
- 06/1983
- Data as of
- 12/2023
- EIN
- 59-2232454
Organization Overview
Boma Orlando Inc is located in Saint Cloud, FL. The organization was established in 1983. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boma Orlando Inc 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 12/2023, Boma Orlando Inc generated $409.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $500.7k during the year ending 12/2023. While expenses have increased by 4.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE PROFESSIONAL AND EDUCATIONAL OPPORTUNITIES FOR THE ADVANCEMENT OF COMMERCIAL REAL ESTATE OWNERS AND MANAGERS IN CENTRAL FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DUES, PARTNERSHIPS & OTHER SERVICES
NETWORKING - SOCIAL NETWORKING EVENTS TO SUPPORT BOMA AND PROVIDE NETWORKING TO SHARE BEST PRACTICES.
10 MONTHLY MEETINGS - OPEN TO ALL MEMBERS & GUESTS (APPROX 90-120 ATTENDEES); MONTHLY MEMBERSHIP MEETINGS DISCUSSING INDUSTRY RELATED TOPICS PROVIDING MEMBERS EDUCATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bianca Santos Past President | OfficerTrustee | 10 | $0 |
Nicole Ladisa Director | Trustee | 0 | $0 |
Danielle Peters Secretary | Trustee | 10 | $0 |
Isabel Raehn-Lantry Treasurer | OfficerTrustee | 10 | $0 |
Jacquie Best Legal Advisor | Trustee | 10 | $0 |
Joe Grimes Executive Dir. | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $260,064 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $87,974 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $348,038 |
| Total Program Service Revenue | $125,562 |
| Investment income | $14,421 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$78,805 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $409,216 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,100 |
| 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 | $130,779 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,357 |
| 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 | $18,081 |
| Information technology | $12,174 |
| Royalties | $0 |
| Occupancy | $1,730 |
| Travel | $33,163 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $171,182 |
| Interest | $0 |
| Payments to affiliates | $100,589 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,030 |
| All other expenses | $2,648 |
| Total functional expenses | $500,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,316 |
| Savings and temporary cash investments | $528,618 |
| 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 | $0 |
| 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 | $618,934 |
| Accounts payable and accrued expenses | $0 |
| 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 | $76,469 |
| Total liabilities | $76,469 |
| Net assets without donor restrictions | $0 |
| 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 | $542,465 |
| Total liabilities and net assets/fund balances | $618,934 |