BOMI CERTIFICATION INC

BOMI CERTIFICATION INC. (BCI) WAS ESTABLISHED AS A 501(C)(6) TO HOUSE BOMI'S INVESTMENT IN A VENTURE (CRECI) THAT WAS CREATED AND DESIGNED TO ENCOURAGE NEW GENERATIONS OF WORKERS TO JOIN THE PROPERTY AND FACILITY MANAGEMENT PROFESSIONS AND ENGAGE IN CAREER ADVANCEMENT THROUGH EARLY CAREER CERTIFICATIONS. BCI HELD BOMA'S INTEREST IN THE VENTURE, WHICH WAS CO-OWNED BY BOMA. BOMI'S MISSION IS TO IMPROVE THE SKILLS OF PROFESSIONALS WITH PROPERTY, FACILITIES, AND SYSTEMS RESPONSIBILITIES. DESPITE SUPPORTING THE DEVELOPMENT AND PROMOTION OF AN EARLY CAREER CERTIFICATION, THE CERTIFIED MANAGER OF COMMERCIAL PROPERTIES (CMCP), DEVELOPED BY THE VENTURE WITH CORPORATE REAL ESTATE EDUCATION AND TRAINING PROFESSIONALS, THE CMCP DID NOT FIND A VIABLE MARKETPLACE. AS A RESULT, THE BCI WAS DISSOLVED JUNE 13, 2024, IN MARYLAND. AS A RESULT OF THE DISSOLUTION, BOMI IS SHOWING AN EXPENSE ON ITS 990 BASED ON ITS DECISION TO FORGIVE A NOTE PAYABLE TO BCI DUE TO THE VENTURE'S INSOLVENCY.