Greater Minneapolis Building Owners & Managers Association
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Greater Minneapolis Building Owners & Managers Association is a 501(c)(6) organization based in Minneapolis, Minnesota, registered in 1948, with $1,039,762 in FY2024 revenue. CharityIndex grades it B.
50 S 6th St Ste 1301, Minneapolis, MN, 55402 EIN 41-0668016 Since 1948
Revenue (FY2024)
$1.0M
▲ 6.3% vs prior year
Expenses (FY2024)
$867K
Net assets
$897K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Greater Minneapolis Building Owners & Managers Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · +17% margin
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 Greater Minneapolis Building Owners & Managers Association: 12 mo reserves · +17% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Greater Minneapolis Building Owners & Managers Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Greater Minneapolis Building Owners & Managers Association: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 50 S 6th St Ste 1301, Minneapolis, MN, 55402
- City
- Minneapolis
- State
- Minnesota
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $949K (FY2013) to $1.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $279KNet assets $897K
Operating margin
16.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$279K
Net assets
$897K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,039,762▲6.3% | $867,379▼12.7% | $896,774▲23.8% | $1,175,634▲11.0% | 990 |
| 2023 | $977,854▲1.8% | $993,240▲5.7% | $724,656▲1.2% | $1,059,012▲18.7% | 990 |
| 2022 | $960,487▲6.7% | $939,337▲1.7% | $716,192▼11.4% | $892,167▼18.0% | 990 |
| 2021 | $899,811▲4.8% | $923,521▲12.3% | $808,253▲1.6% | $1,087,906▼6.1% | 990 |
| 2020 | $858,755▼6.1% | $822,720▼8.3% | $795,822▲8.4% | $1,159,047▲5.5% | 990 |
| 2019 | $914,972▲2.2% | $897,461▼4.9% | $734,135▲8.6% | $1,098,817▼5.1% | 990 |
| 2018 | $895,150▼4.0% | $943,501▲3.0% | $675,739▼14.2% | $1,157,709▼3.5% | 990 |
| 2017 | $932,380▼2.6% | $916,399▼6.2% | $787,856▲5.8% | $1,199,145▲3.9% | 990 |
| 2016 | $956,824▼0.2% | $976,514▲13.4% | $744,547▲0.3% | $1,154,030▲11.2% | 990 |
| 2015 | $958,800▼0.5% | $861,126▲0.2% | $742,608▲10.9% | $1,037,628▼8.5% | 990 |
| 2014 | $963,549▲1.6% | $859,112▼4.0% | $669,377▲18.4% | $1,133,751▲17.6% | 990 |
| 2013 | $948,702 | $894,563▲5.6% | $565,398▲18.2% | $964,258▲10.0% | 990 |
| 2012 | — | $847,303▼0.6% | $478,476▲17.1% | $876,409▲13.3% | 990 |
| 2011 | — | $852,297▲8.8% | $408,661▼5.6% | $773,414▼4.4% | 990 |
| 2010 | — | $783,136 | $432,722 | $809,188 | 990 |
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.
Frequently asked questions
- Is Greater Minneapolis Building Owners & Managers Association a legitimate nonprofit?
- Yes. Greater Minneapolis Building Owners & Managers Association is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 41-0668016, based in Minneapolis, Minnesota.
- What is Greater Minneapolis Building Owners & Managers Association's EIN?
- Greater Minneapolis Building Owners & Managers Association's Employer Identification Number (EIN) is 41-0668016.
- How much revenue does Greater Minneapolis Building Owners & Managers Association report?
- Greater Minneapolis Building Owners & Managers Association reported $1,039,762 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Greater Minneapolis Building Owners & Managers Association have?
- CharityIndex grades Greater Minneapolis Building Owners & Managers Association B, based on financial health (reserves and operating margin).
More nonprofits in Minneapolis
Explore more
Data for Greater Minneapolis Building Owners & Managers Association (EIN 41-0668016) 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.