philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Building Owners and Managers

Not tax-deductible

Miami, FL501(c)(6)Community DevelopmentEIN 59-2596238Revenue $570K in FY2024

This page gets seen. Tell your story. Claim this org.

The organization supports and promotes education programs and events for commercial real estate property Owners and property Managers.

68¢ of each $1 spent went to programs.
Run by 12 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $39K a year · 10% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$66K
to officers and key staff · 11% of spending
Top officer’s pay lower than 57% of similar orgs
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$20K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$570K
+12% vs prior year
Spent
$574K
To programs
68%
Net assets
$137K
By yearFY2020–FY2024
Revenue
$570K
FY2024▲ +12%
Revenue by fiscal year
FY2020$104K
FY2021$361K
FY2022$339K
FY2023$508K
FY2024$570K
Expenses
$574K
FY2024▲ +53%
Expenses by fiscal year
FY2020$119K
FY2021$345K
FY2022$276K
FY2023$375K
FY2024$574K
Net assets
$137K
FY2024▼ -55%
Net assets by fiscal year
FY2020$47K
FY2021$45K
FY2022$171K
FY2023$304K
FY2024$137K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Exemption reinstated (2015-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Nov 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $391K Management & general 32% · $183K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

13 people listed on the 990; $66K paid to officers and key staff.

Part VII, Section A · reportable compensation
$66,000Pt VII · Sec A
$0Pt VII · Sec A
Dan Calello
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Kevin Hunt
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Diana Kato
Director
$0Pt VII · Sec A

Jocelynn Serna’s $66K as Director is at the 43rd percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Building Owners and Managers executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes education programs and events for commercial real estate owners and managers.

Provided by the organization

Know this organization? Claim it to add your story

2 programs · $391K · in their own filed words · FY2024
01

The organization holds annual toby awards ceremony recognizing local real estate property owners, managers and professionals in order to enhance professional connections and industry awareness.

$375Kprogram expense
02

The organization offers a variety of programs and meetings designed to enhance and advance the knowledge and careers for commercial real estate professionals.

$16Kprogram expense

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$570K
Ln 12
Fees for servicesLn 2g$397K
Gifts and grantsLn 1h$172K
Investment incomeLn 3$241
Money outPt IX
$574K
Ln 25
Programscol B$391K
Managementcol C$183K
Owns and owesPt X
$137K
net assets · Ln 32
Cash and savingsLn 1–2$147K
Total assetsLn 16$157K
LiabilitiesLn 26$20K
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$172K
Fees for servicesLn 2g$397K
Investment incomeLn 3$241
Total revenueLn 12$570K
Assets in detailPt X, end of year
CashLn 1$147K
Cash and savings togetherLn 1–2$147K
Land, buildings, equipmentLn 10c$1K
Total assetsLn 16$157K
LiabilitiesLn 26$20K
Net assetsLn 32$137K
OperationsPt I, VI
EmployeesI 50
VolunteersI 612
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$152K$147K
Land, buildings, equipmentLn 10c$1K
Total assetsLn 16$305K$157K
LiabilitiesLn 26$832$20K
Net assetsLn 32$304K$137K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$73K$73K
Accounting feesLn 11c$11K$11K
Office expensesLn 13$24K$24K
TravelLn 17$19K$19K
InsuranceLn 23$470$470
Other expenses (24a–d)Ln 24$445K$391K$53K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$574K$391K$183K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $570K$574K−$4K$137K 990 PDF
FY2023 $508K$375K$133K$304K 990 PDF
FY2022 $339K$276K$63K$171K 990 PDF
FY2021 $361K$345K$16K$45K 990 PDF
FY2020 $104K$119K−$15K$47K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $570,006 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $221,211$172,430
I-9 Program service revenuePrior year $286,968$397,335
I-10 Investment incomePrior year $3$241
I-11 Other revenue$0
I-12 Total revenuePrior year $508,182$570,006
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$73,326
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $374,803$500,955
I-18 Total expensesPrior year $374,803$574,281
I-19 Revenue less expensesPrior year $133,379−$4,275
Part VI · Governance 13 of 13 board members independent, 3 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $570,006 across 5 lines filed
VIII-1b Membership dues$172,430
VIII-1h Total contributions, gifts and grants$172,430
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $397,335$397,335
VIII-3 Investment incomeRelated to mission $241$241
VIII-12 Total revenueRelated to mission $397,576$570,006
Part IX · Statement of functional expenses $574,281 across 7 lines filed
IX-7 Other salaries and wagesManagement $73,326$73,326
IX-11c Accounting feesManagement $11,067$11,067
IX-13 Office expensesManagement $24,183$24,183
IX-17 TravelManagement $18,744$18,744
IX-23 InsuranceManagement $470$470
IX-24 Other expenses (24a–d)Programs $391,471 · Management $53,270$444,741
IX-24e All other expensesManagement $1,750$1,750
IX-25 Total functional expensesPrograms $391,471 · Management $182,810 · Fundraising $0$574,281
Part X · Balance sheet $157,116 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $152,364$146,817
X-4 Accounts receivableStart of year $152,639$9,238
X-10c Land, buildings and equipment, net$1,061
X-16 Total assetsStart of year $305,003$157,116
X-17 Accounts payable and accrued expensesStart of year $832$20,230
X-26 Total liabilitiesStart of year $832$20,230
X-32 Total net assets or fund balancesStart of year $304,171$136,886
X-33 Total liabilities and net assetsStart of year $305,003$157,116
Part XI · Reconciliation of net assets $136,886 net assets at year end
XI-1 Total revenue$570,006
XI-2 Total expenses$574,281
XI-3 Revenue less expenses−$4,275
XI-4 Net assets at start of year$304,171
XI-8 Prior period adjustments−$163,010
XI-10 Net assets at end of year$136,886

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.