Building Owners & Managers is a 501(c)(6) organization based in Grand Rapids, Michigan, registered in 2009, with $39,109 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$39K
▼ 19.3% vs prior year
Employment median: $367K
Expenses (FY2023)
$50K
Net assets
$34K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Building Owners & Managers— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Building Owners & Managers: 8 mo reserves · -27% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Building Owners & Managers— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Building Owners & Managers: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $54K (FY2016) to $39K (FY2023) across 8 reported years.
Financial snapshot
Operating margin
-27.3%
Spent more than it raised in the latest fiscal year.
Total assets
$85K
Total liabilities
$51K
Net assets
$34K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $39,109▼19.3% | $49,804▲1.0% | $33,974▼23.9% | $84,920▼11.6% | 990EZ |
| 2022 | $48,454▲15.1% | $49,331▲14.8% | $44,669▼1.9% | $96,053▲30.3% | 990EZ |
| 2021 | $42,080▼27.3% | $42,963▼16.6% | $45,546▼1.9% | $73,742▲23.5% | 990EZ |
| 2020 | $57,881▼30.0% | $51,491▼26.7% | $46,429▲16.0% | $59,725▼48.0% | 990EZ |
| 2019 | $82,703▲18.5% | $70,207▲6.7% | $40,041▲45.4% | $114,801▲25.2% | 990EZ |
| 2018 | $69,806▲7.9% | $65,783▲13.4% | $27,543▲17.1% | $91,725▲19.6% | 990EZ |
| 2017 | $64,706▲19.2% | $57,991▲16.0% | $23,518▲39.9% | $76,711▲22.3% | 990EZ |
| 2016 | $54,271 | $49,979 | $16,805 | $62,746 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Building Owners & Managers (EIN 38-2137517) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.