Louisiana Mortgage Lenders Foundation is located in Baton Rouge, LA. The organization was established in 2011. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. Louisiana Mortgage Lenders Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2016, Louisiana Mortgage Lenders Foundation generated $87.0 in total revenue. All expenses for the organization totaled $71.3k during the year ending 12/2016.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
TO PROVIDE EDUCATIONAL ASSISTANCE TO THE GENERAL PUBLIC WHO ARE POTENTIAL HOMEBUYERS AND TO PROVIDE EDUCATIONAL SEMINARS TO THE MORTGAGE LENDING COMMUNITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael L Airhart President | 1 | $0 | |
Terry Leblanc Director | 1 | $0 | |
Mary Antoon Director | 1 | $0 | |
Patrick Miller Director | 1 | $0 | |
Keith Delatte Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $87 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $87 |
| 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 | $45,975 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,340 |
| Total expenses | $71,315 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,181 |
| Other assets | $0 |
| Total assets | $5,181 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,181 |