Building Owners And Managers Association Of Greater New York B
Building Owners And Managers Association Of Greater New York B maintains stable finances with no reported officer compensation.
EIN: 132629736 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.7M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.2M |
| Transparency Score | 75/100 |
Is Building Owners And Managers Association Of Greater New York B Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Building Owners And Managers Association Of Greater New York B directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Building Owners And Managers Association Of Greater New York B
Building Owners And Managers Association Of Greater New York B (EIN: 132629736) is a nonprofit organization based in New York, NY. The organization reported total revenue of $3.0M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Building Owners And Managers Association Of Greater New York B's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Building Owners And Managers Association Of Greater New York B is a mid-size nonprofit that has been operating for 50 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.7M |
| Surplus / Deficit | $-43,749 |
| Total Assets | $3.6M |
| Total Liabilities | $1.4M |
| Net Assets | $2.2M |
| Operating Margin | -1.7% |
| Debt-to-Asset Ratio | 39.0% |
| Months of Reserves | 16.4 months |
Financial Health Grade: B
In 2023, Building Owners And Managers Association Of Greater New York B reported a deficit of $44K with expenses exceeding revenue, holds 16.4 months of operating reserves (strong position), has a debt-to-asset ratio of 39.0% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Building Owners And Managers Association Of Greater New York B's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.2% | +5.2% | -8.0% |
| 2022 | +11.9% | +20.9% | +31.3% |
| 2021 | +17.3% | +10.7% | +4.8% |
| 2020 | -26.2% | -24.7% | +3.3% |
| 2019 | +12.4% | +14.7% | +7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Building Owners And Managers Association Of Greater New York B with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Building Owners And Managers Association Of Greater New York B allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $44K, with expenses exceeding revenue.
- Debt-to-asset ratio: 39.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer roles, which is unusual for an organization with annual revenues exceeding $2 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Building Owners And Managers Association Of Greater New York B's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data, limiting full spending efficiency analysis.
- Consistent 0% officer compensation could mask executive remuneration if reported under other categories, impacting transparency.
Strengths
The following positive indicators were identified for Building Owners And Managers Association Of Greater New York B:
- Strong asset base relative to liabilities, indicating financial stability (e.g., $3,632,856 assets vs. $1,417,744 liabilities in 2023).
- Consistent IRS 990 filing history, demonstrating regulatory compliance.
- Stable revenue generation over the past decade, generally exceeding $2 million annually.
Frequently Asked Questions about Building Owners And Managers Association Of Greater New York B
Is Building Owners And Managers Association Of Greater New York B a legitimate charity?
Building Owners And Managers Association Of Greater New York B (EIN: 132629736) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $3.0M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Building Owners And Managers Association Of Greater New York B spend its money?
Building Owners And Managers Association Of Greater New York B directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Building Owners And Managers Association Of Greater New York B tax-deductible?
Building Owners And Managers Association Of Greater New York B is registered as a tax-exempt nonprofit (EIN: 132629736). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Building Owners And Managers Association Of Greater New York B CEO make?
Building Owners And Managers Association Of Greater New York B's highest-compensated officer earns $2 annually. The organization reported $3.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Building Owners And Managers Association Of Greater New York B's spending goes to programs?
Building Owners And Managers Association Of Greater New York B directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Building Owners And Managers Association Of Greater New York B located?
Building Owners And Managers Association Of Greater New York B is headquartered in New York, New York and files with the IRS under EIN 132629736.
How many years of IRS 990 filings does Building Owners And Managers Association Of Greater New York B have?
Building Owners And Managers Association Of Greater New York B has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.0M in total revenue.
How does Building Owners And Managers Association Of Greater New York B allocate its expenses between program services, administration, and fundraising?
Based on typical non-profit structures and the available data, an estimated breakdown is 80% for programs, 15% for administration, and 5% for fundraising. However, specific functional expense data from the 990 would be needed for a precise answer.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings suggests that either the organization's executive leadership is entirely volunteer-based, or compensation for key management personnel is categorized differently within the IRS Form 990, such as under general salaries and wages, rather than specifically as officer compensation.
Is the organization financially sustainable given recent operating deficits?
While the organization experienced a minor operating deficit in 2023 ($2,607,409 revenue vs. $2,651,158 expenses), its strong asset base of $3,632,856 significantly outweighs its liabilities of $1,417,744, indicating a healthy financial cushion and overall sustainability despite occasional deficits.
Filing History
IRS 990 filing history for Building Owners And Managers Association Of Greater New York B showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Building Owners And Managers Association Of Greater New York B's revenue has grown by 83.3%, moving from $1.4M to $2.6M. Total assets increased by 47.5% over the same period, from $2.5M to $3.6M. Total functional expenses rose by 89.4%, from $1.4M to $2.7M. In its most recent filing year (2023), Building Owners And Managers Association Of Greater New York B reported a deficit of $44K, with expenses exceeding revenue. The organization holds $1.4M in liabilities against $3.6M in assets (debt-to-asset ratio: 39.0%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.7M | $3.6M | $1.4M | — | — |
| 2022 | $2.6M | $2.5M | $3.9M | $1.7M | — | View 990 |
| 2021 | $2.3M | $2.1M | $3.0M | $804K | — | View 990 |
| 2020 | $2.0M | $1.9M | $2.9M | $886K | — | View 990 |
| 2019 | $2.7M | $2.5M | $2.8M | $874K | — | — |
| 2018 | $2.4M | $2.2M | $2.6M | $853K | — | View 990 |
| 2017 | $2.5M | $2.4M | $2.4M | $823K | — | — |
| 2016 | $2.3M | $2.2M | $1.8M | $371K | — | View 990 |
| 2015 | $1.5M | $1.5M | $2.2M | $844K | — | View 990 |
| 2014 | $2.2M | $2.2M | $2.2M | $786K | — | View 990 |
| 2013 | $1.5M | $1.5M | $2.2M | $806K | — | View 990 |
| 2012 | $1.4M | $1.4M | $2.0M | $653K | — | View 990 |
| 2011 | $1.5M | $1.5M | $2.3M | $906K | — | View 990 |
| 2010 | $1.4M | $1.4M | $2.5M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.7M, and assets of $3.6M (revenue +1.2% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.5M, and assets of $3.9M (revenue +11.9% year-over-year).
- 2021: Revenue of $2.3M, expenses of $2.1M, and assets of $3.0M (revenue +17.3% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.9M, and assets of $2.9M (revenue -26.2% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.5M, and assets of $2.8M (revenue +12.4% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.2M, and assets of $2.6M (revenue -3.4% year-over-year).
- 2017: Revenue of $2.5M, expenses of $2.4M, and assets of $2.4M (revenue +6.7% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.2M, and assets of $1.8M (revenue +53.0% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.5M, and assets of $2.2M (revenue -31.9% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.2M, and assets of $2.2M (revenue +51.0% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.5M, and assets of $2.2M (revenue +2.0% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $2.0M (revenue -3.3% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.5M, and assets of $2.3M (revenue +4.2% year-over-year).
- 2010: Revenue of $1.4M, expenses of $1.4M, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Building Owners And Managers Association Of Greater New York B:
Data Sources and Methodology
This transparency report for Building Owners And Managers Association Of Greater New York B is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.