Overview
What is Pennsylvania Mortgage Bankers Association?
The Pennsylvania Mortgage Bankers Association, situated in Bala Cynwyd, PA, is a distinguished nonprofit organization. Its primary mission is to foster ethical business practices in the mortgage banking sector while enhancing the services provided to the community. The association actively works towards this goal by providing its members with up-to-date information on relevant laws and regulations. By doing so, it ensures that mortgage bankers maintain high standards and serve their clients effectively. The Pennsylvania Mortgage Bankers Association's headquarters in Bala Cynwyd, PA, serves as a central hub for these initiatives.
Is Pennsylvania Mortgage Bankers Association legitimate?
Pennsylvania Mortgage Bankers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Pennsylvania Mortgage Bankers Association 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.
What is the mission statement of Pennsylvania Mortgage Bankers Association?
The Pennsylvania Mortgage Bankers Association serves to promote ethical and effective mortgage banking practices within the community. Their primary objective is to enhance the services provided by mortgage bankers. They also strive to keep their members updated on relevant laws and regulations. Located in Bala Cynwyd, PA, the association plays a crucial role in providing timely information to its members, thereby contributing to the mortgage banking sector.
Who is the CEO of Pennsylvania Mortgage Bankers Association?
Bob Wexler is the President of Pennsylvania Mortgage Bankers Association.
What is the revenue of Pennsylvania Mortgage Bankers Association?
Pennsylvania Mortgage Bankers Association's revenue in 2023 was $86,678.
Who are the executives of Pennsylvania Mortgage Bankers Association and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990EZ for Pennsylvania Mortgage Bankers Association?
Pennsylvania Mortgage Bankers Association's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Pennsylvania Mortgage Bankers Association
The Pennsylvania Mortgage Bankers Association, a reputable organization, is committed to fostering sound and ethical business practices within the mortgage banking sector. Their primary objective is to enhance and improve the services offered by mortgage bankers, thereby contributing positively to the community. Furthermore, the association strives to keep its members informed about the latest laws and regulations, ensuring they operate within a compliant and up-to-date framework. By promoting these practices and disseminating timely information, the Pennsylvania Mortgage Bankers Association plays a crucial role in supporting the mortgage banking industry in Pennsylvania.
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Impact
October, 2024
The Pennsylvania Mortgage Bankers Association (PMBA) significantly impacts the mortgage banking industry and the communities it serves. By promoting sound and ethical business practices, PMBA enhances the overall integrity of the mortgage process, fostering greater trust and reliability among consumers.
Additionally, the association is dedicated to improving the services offered by mortgage bankers, ensuring that they meet the evolving needs of the community. PMBA provides its members with timely updates on laws and regulations, helping them stay compliant and informed in a complex regulatory landscape. This commitment not only aids individual professionals but also contributes to the strength and stability of the mortgage banking sector in Pennsylvania.
Through these efforts, the PMBA ultimately plays a crucial role in community improvement, supporting economic development and homeownership initiatives that benefit individuals and families across the state.
This information is meant to be a general summary of Pennsylvania Mortgage Bankers Association. 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: $74
- Program Service Revenue: $37,892
- Gross Receipts: $101,717
Assets and Liabilities:
- Total Assets: $148,493
- Total Liabilities: $0
- Net Assets: $148,493
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Organization Details
Phone
(267) 414-3266Principal Officer
Bob Wexler
Main Address
1 UNION AVENUE, BALA CYNWYD, PA, 19004
NTEE Category
Code: S41 - Community improvement
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