Denver Building Owners & Managers Assoc
- Assets
- $1.5m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 4
- Location
- Denver, CO
- Founding
- 08/1943
- Data as of
- 12/2023
- EIN
- 84-6030781
Organization Overview
Denver Building Owners & Managers Assoc is located in Denver, CO. The organization was established in 1943. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Denver Building Owners & Managers Assoc employed 4 individuals. This organization is the central organization for a national or regional group of organizations. Denver Building Owners & Managers Assoc 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, Denver Building Owners & Managers Assoc generated $1.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 1.3% 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
TO PROMOTE, EDUCATE, AND DEVELOP THE EXCHANGE OF INFORMATION RELATIVE TO THE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SERVES ITS 400+ MEMBERS BY OFFERING VARIOUS EDUCATIONAL AND NETWORKING OPPORTUNITIES. THE ORGANIZATION HELD ONE PROFESSIONAL EDUCATION CLASS AS PART OF A PROFESSIONAL DESIGNATION PROGRAM AND FIVE EDUCATIONAL SEMINARS ON INDUSTRY TOPICS AS WELL AS A SERIES OF PROGRAMS TO EDUCATE EMERGING INDUSTRY PROFESSIONALS, MONTHLY LUNCHEONS WITH SPEAKERS, AND ADDITIONAL OPPORTUNITIES FOR MEMBERS TO NETWORK. ALL MEETINGS ARE PRESENTED IN PERSON AND/OR VIRTUALLY. THE ORGANIZATION PROVIDES CAREER LISTINGS AND STATISTICAL STUDIES PERTINENT TO THE COMMERCIAL OFFICE BUILDING INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Shepard Cae Executive Vice-President/s | OfficerTrustee | 40 | $160,200 |
Amanda Darvill President | OfficerTrustee | 1 | $0 |
Ashton Steele President-Elect | OfficerTrustee | 1 | $0 |
Teri Ososkie Treasurer | OfficerTrustee | 1 | $0 |
Dayna Kreutzer Immediate Past-President | OfficerTrustee | 1 | $0 |
Tanya Bouthillier Principal Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $906,975 |
| 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 | $906,975 |
| Total Program Service Revenue | $84,405 |
| Investment income | $34,104 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,354 |
| Net Income from Fundraising Events | $120,915 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,140,045 |
| 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. | $160,200 |
| Compensation of current officers, directors, key employees. | $64,080 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $161,161 |
| Pension plan accruals and contributions | $15,933 |
| Other employee benefits | $12,656 |
| Payroll taxes | $31,650 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $33,982 |
| Fees for services: Accounting | $46,179 |
| Fees for services: Lobbying | $61,776 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,843 |
| Fees for services: Other | $54,446 |
| Advertising and promotion | $14,624 |
| Office expenses | $22,653 |
| Information technology | $29,103 |
| Royalties | $0 |
| Occupancy | $125,462 |
| Travel | $36,152 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,200 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,990 |
| Insurance | $51,225 |
| All other expenses | $0 |
| Total functional expenses | $1,134,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,920 |
| Savings and temporary cash investments | $107,064 |
| 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 | $28,721 |
| Investments—publicly traded securities | $1,296,683 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,459,388 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $204,867 |
| 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 | $24 |
| Other liabilities | $12,993 |
| Total liabilities | $217,884 |
| Net assets without donor restrictions | $1,241,504 |
| 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 | $1,459,388 |