Overview
What is New York Association Of Mortgage Brokers?
The New York Association of Mortgage Brokers is a nonprofit organization dedicated to fostering excellence within the mortgage brokerage sector. They achieve this through a variety of means, including organized networking events and educational seminars. These seminars cater to both mortgage brokers and loan originators, serving to meet the regulatory requirements set forth by the New York State Department of Financial Services. Their mission encompasses these activities, aiming to elevate the standards and professionalism within the mortgage brokerage industry. The association also offers sponsorship opportunities to further support its initiatives.
Official website here: www.nyamb.org
Is New York Association Of Mortgage Brokers legitimate?
New York Association Of Mortgage Brokers is a legitimate nonprofit organization registered as a 501(c)(6) entity. New York Association Of Mortgage Brokers submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nyamb.org
What is the mission statement of New York Association Of Mortgage Brokers?
The New York Association of Mortgage Brokers aims to foster professionalism in the mortgage brokerage industry. They achieve this goal by organizing networking events and educational seminars. These seminars are designed to meet the regulatory requirements set by the New York State Department of Financial Services. The association's activities also include hosting banquets and offering sponsorships, all contributing to the enhancement of professionalism within the mortgage brokerage industry.
Official website here: www.nyamb.org
What is the revenue of New York Association Of Mortgage Brokers?
New York Association Of Mortgage Brokers's revenue in 2023 was $229,190.
Official website here: www.nyamb.org
Who are the executives of New York Association Of Mortgage Brokers and what are their salaries?
There 8 volunteers at New York Association Of Mortgage Brokers.
Here are 9 key members and their salaries:
- Compensation: $9,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $385
- Related: $0
- Other: $0
- Compensation: $1,925
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $4,621
- Related: $0
- Other: $0
- Compensation: $770
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nyamb.org
Where can I find the form 990 for New York Association Of Mortgage Brokers?
New York Association Of Mortgage Brokers's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nyamb.org
Learn more at the official website: www.nyamb.org
Mission Statement of New York Association Of Mortgage Brokers
The New York Association of Mortgage Brokers is dedicated to fostering professionalism within the mortgage brokerage industry. This is achieved primarily through the organization of networking events and educational seminars. By doing so, the association aims to provide a platform for mortgage brokers and mortgage loan originators to engage in collaborative discussions and gain the necessary knowledge to meet the regulatory requirements set by the New York State Department of Financial Services. The association's activities also include hosting banquets and offering sponsorships, further contributing to the professional development of individuals in the mortgage brokerage industry.
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Impact
October, 2024
The New York Association of Mortgage Brokers significantly impacts the mortgage brokerage industry by fostering professionalism and enhancing industry standards. Through its networking events and educational seminars, the association provides crucial resources for mortgage brokers and loan originators, helping them meet the requirements set by the New York State Department of Financial Services.
By offering a platform for professionals to connect and exchange ideas, the association cultivates a sense of community within the industry. Events such as banquets and sponsorship opportunities further encourage collaboration and growth among members. This commitment to education and networking not only uplifts individual professionals but also contributes to the overall improvement and integrity of the mortgage brokerage sector in New York.
This information is meant to be a general summary of New York Association Of Mortgage Brokers. 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 2023.
- Investment Income: $34
- Program Service Revenue: $211,703
- Gross Receipts: $229,190
Assets and Liabilities:
- Total Assets: $271,872
- Total Liabilities: $33,497
- Net Assets: $238,375
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NETWORKING EVENTS AND
Revenue
$164,665
EDUCATIONAL SEMINARS
Revenue
$47,038
Organization Details
Founding Year
1988
Principal Officer
Louis Borsellino
Website
www.nyamb.orgNTEE Category
Code: S41 - Community improvement
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