Nebraska Mortgage Association is located in Omaha, NE. The organization was established in 2008. 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. Nebraska Mortgage 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 12/2022, Nebraska Mortgage Association generated $77.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $77.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 8 years. 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
2022
Describe the Organization's Program Activity:
Part 3
THE NEBRASKA MORTGAGE ASSOCIATION WILL PROVIDE EDUCATIONAL OPPORTUNITIES TO ITS MEMBERS, PROMOTE POSITIVE LEGISLATIVE ADVOCACY, ENCOURAGE AND SUPPORT MEMBER INTERACTION, AND BE THE VOICE OF THE REAL ESTATE FINANCE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danielle Swerczek Director | 2 | $0 | |
Katie Henry Director | 2 | $0 | |
Rachel Pierce Director | 2 | $0 | |
Jacki Young Director | 2 | $0 | |
Joe Pittman Executive Di | 2 | $15,750 | |
Laura Burford Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $58,550 |
| Membership dues | $22,400 |
| Investment income | $75 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$4,403 |
| Other Revenue | $1,260 |
| Total Revenue | $77,882 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,750 |
| Professional fees and other payments to independent contractors | $1,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $58,045 |
| Total expenses | $76,995 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,812 |
| Other assets | $0 |
| Total assets | $47,812 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,812 |