Pennsylvania Mortage Bankers Association
- Assets
- $168.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bala Cynwyd, PA
- Founding
- 04/1967
- Data as of
- 08/2024
- EIN
- 23-6419038
Organization Overview
Pennsylvania Mortage Bankers Association is located in Bala Cynwyd, PA. The organization was established in 1967. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pennsylvania Mortage Bankers Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 08/2024, Pennsylvania Mortage Bankers Association generated $100.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $80.1k during the year ending 08/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
TO PROVIDE AND IMPROVE THE MORTGAGE BANKERS SERVICES TO THECOMMUNITY; PROMOTE SOUND AND ETHICAL BUSINESS PRACTICES ANDTO PROVIDE TIMELY INFORMATION TO ITS MEMBERS REGARDINGS LAWS, REGUULATIONS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Wexler President | 1 | $0 | |
Thomas Lynch Vice President | 1 | $0 | |
Amy Azorandia Treasurer | 1 | $0 | |
Lisa Albany General Board Member | 1 | $0 | |
Gina Alpuche General Board Member | 1 | $0 | |
Tina Caparo General Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $44,729 |
| Membership dues | $28,400 |
| Investment income | $1,895 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $25,288 |
| Other Revenue | $0 |
| Total Revenue | $100,312 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $19,582 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $266 |
| Other expenses | $60,274 |
| Total expenses | $80,122 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,680 |
| Other assets | $0 |
| Total assets | $168,683 |
| Total liabilities | $0 |
| Net assets or fund balances | $168,683 |