Overview
What is Vermont Mortgage Bankers Assn?
The Vermont Mortgage Bankers Association, situated in Williston, VT, is a nonprofit organization. Its primary function involves producing educational newsletters for its members and disseminating legislative information. The association's operational expenses include insurance, membership dues and subscriptions, marketing efforts, bank fees, licenses and permits, meeting costs, education expenses, and a significant portion on golf-related activities. The association's spending totals $17,010, with the golf expense being the most substantial portion.
Official website here: www.vermontmba.org
Is Vermont Mortgage Bankers Assn legitimate?
Vermont Mortgage Bankers Assn is a legitimate nonprofit organization registered as a 501(c)(6) entity. Vermont Mortgage Bankers Assn submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Official website here: www.vermontmba.org
What is the mission statement of Vermont Mortgage Bankers Assn?
The Vermont Mortgage Bankers Association, in its mission, focuses on educating its members and providing them with relevant legislative information. It accomplishes this by producing informative newsletters. The association also invests in various expenses, including insurance, dues and subscriptions, marketing, bank fees, licenses and permits, meeting expenses, education expenses, and golf expenses. However, the mission statement specifically relating to its purpose or objective was not provided in the information provided.
Official website here: www.vermontmba.org
Who is the CEO of Vermont Mortgage Bankers Assn?
Stephen Kendall is the President of Vermont Mortgage Bankers Assn.
Official website here: www.vermontmba.org
What is the revenue of Vermont Mortgage Bankers Assn?
Vermont Mortgage Bankers Assn's revenue in 2022 was $67,337.
Official website here: www.vermontmba.org
Who are the executives of Vermont Mortgage Bankers Assn and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.vermontmba.org
Where can I find the form 990EZ for Vermont Mortgage Bankers Assn?
Vermont Mortgage Bankers Assn's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.vermontmba.org
Learn more at the official website: www.vermontmba.org
Mission Statement of Vermont Mortgage Bankers Assn
Vermont Mortgage Bankers Association, often abbreviated as VMBAs, primarily focuses on educating its members and disseminating legislative information. This nonprofit organization does not have a clearly defined mission statement as provided in the given data, but its activities can be inferred from the details of its expenditures. VMBAs invests in various areas, such as insurance, dues and subscriptions, marketing, bank fees, licenses and permits, meeting expenses, education expenses, and golf expenses. These expenditures suggest that the organization aims to provide resources, support, and networking opportunities to its members, while also staying informed about and involved in the legislative landscape related to mortgage banking. The specifics of how VMBAs accomplishes these goals are not specified in the provided data.
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Impact
October, 2024
The Vermont Mortgage Bankers Association plays a vital role in supporting and educating its members in the mortgage banking industry. By producing newsletters that provide essential updates and legislative information, it ensures that members stay informed about important changes and trends affecting their businesses. The organization's focus on education and marketing enhances members' skills and knowledge, helping them to better serve their clients and improve community access to mortgage financing.
In addition, the association invests in various activities that promote networking and collaboration among its members, such as meetings and social events. The funds allocated to these events foster relationships that can lead to partnerships, collaboration, and shared learning opportunities within the industry. By engaging their members in community improvement efforts, the Vermont Mortgage Bankers Association is significant in shaping a healthier economy and enhancing the overall quality of life in Vermont.
Moreover, the association's commitment to member education is evident in its expenditure on educational initiatives, ensuring that its members remain competitive and knowledgeable in an ever-evolving market. Overall, the Vermont Mortgage Bankers Association's impact extends beyond its direct activities, contributing to the professional growth of its members and the economic prosperity of the community.
This information is meant to be a general summary of Vermont Mortgage Bankers Assn. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $11
- Program Service Revenue: $30,276
- Gross Receipts: $67,337
Assets and Liabilities:
- Total Assets: $72,927
- Total Liabilities: $0
- Net Assets: $72,927
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Organization Details
Principal Officer
Stephen Kendall
Main Address
PO BOX 291, WILLISTON, VT, 054959998
Website
www.vermontmba.orgNTEE Category
Code: S41 - Community improvement
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