Overview
What is Mortgage Bankers Association Of New Jersey?
The Mortgage Bankers Association of New Jersey is a professional association, headquartered in Freehold, New Jersey, dedicated to supporting the mortgage banking industry in the state. It serves around 300 companies and over 1000 individual members by organizing educational forums, including an annual regional conference and various seminars and meetings throughout the year. The association's mission is to promote the expansion of the mortgage banking business in New Jersey, advocate for ethical business practices among its members, and keep them updated on changes in conditions, laws, and administrative regulations. With a workforce of three employees, the Mortgage Bankers Association of New Jersey aims to strengthen and advance the mortgage banking sector in the state.
Official website here: www.mbanj.com
Is Mortgage Bankers Association Of New Jersey legitimate?
Mortgage Bankers Association Of New Jersey is a legitimate nonprofit organization registered as a 501(c)(6) entity. Mortgage Bankers Association Of New Jersey 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: $85,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $78,749
For more financial information, click here
Official website here: www.mbanj.com
What is the mission statement of Mortgage Bankers Association Of New Jersey?
The Mortgage Bankers Association of New Jersey serves as a professional organization for mortgage banking companies and individuals. Its mission is to support and advance the growth of the mortgage banking industry within New Jersey. The association promotes ethical business practices among its members and provides them with timely information about changes in conditions, laws, and administrative matters. To accomplish this, the Mortgage Bankers Association of New Jersey offers educational forums, including an annual regional conference and various seminars and meetings throughout the year, serving approximately 300 companies and over 1000 individual members.
Official website here: www.mbanj.com
What is the revenue of Mortgage Bankers Association Of New Jersey?
Mortgage Bankers Association Of New Jersey's revenue in 2023 was $313,364.
Official website here: www.mbanj.com
Who are the executives of Mortgage Bankers Association Of New Jersey and what are their salaries?
The average compensation at Mortgage Bankers Association Of New Jersey during 2023 was $54,583. There are 3 employees at Mortgage Bankers Association Of New Jersey.
Here are 20 key members and their salaries:
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Official website here: www.mbanj.com
Where can I find the form 990 for Mortgage Bankers Association Of New Jersey?
Mortgage Bankers Association Of New Jersey's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mbanj.com
Learn more at the official website: www.mbanj.com
Mission Statement of Mortgage Bankers Association Of New Jersey
The Mortgage Bankers Association of New Jersey, as a professional association, is committed to fostering the growth and prosperity of the mortgage banking industry within the state. Its mission is threefold: firstly, to support the expansion of the mortgage banking business in New Jersey; secondly, to promote ethical business conduct among its members; and thirdly, to provide timely information regarding changes in conditions, laws, and administrative policies that may impact the industry.
To achieve these objectives, the Mortgage Bankers Association of New Jersey serves approximately 300 companies and over 1000 individual members through a variety of educational forums. This includes an annual regional conference and numerous seminars and meetings held throughout the year. By providing these opportunities for learning and networking, the association aims to help its members stay informed and adapt to the ever-changing landscape of the mortgage banking industry.
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Impact
October, 2024
The Mortgage Bankers Association of New Jersey significantly supports and shapes the mortgage banking industry within the state. By serving approximately 300 companies and over 1,000 individual members, it creates a vibrant network that bolsters professional growth and collaboration. The organization conducts educational forums, including an annual regional conference and various seminars throughout the year, equipping members with valuable knowledge and insights.
In addition to fostering professional development, the association promotes sound and ethical business practices among its members, reinforcing the integrity of the industry. It also plays a crucial role in disseminating timely information regarding changes in market conditions, laws, and regulations, ensuring that members are well-informed and able to navigate the evolving landscape.
Through its initiatives, the Mortgage Bankers Association of New Jersey is instrumental in driving the expansion of the mortgage banking business, contributing to community improvement and economic stability in the region.
This information is meant to be a general summary of Mortgage Bankers Association Of New Jersey. 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.
- Program Service Revenue: $187,390
- Gross Receipts: $328,977
Assets and Liabilities:
- Total Assets: $367,294
- Total Liabilities: $123,061
- Net Assets: $244,233
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EXHIBIT BOOTH
Revenue
$106,551
INDIVIDUAL REGISTRATIO
Revenue
$81,948
OTHER INCOME
Revenue
$2,636
REFUNDS
Revenue
-$695
DISCOUNTS
Revenue
-$3,050
Organization Details
Founding Year
1939
Principal Officer
E Robert Levy
Website
www.mbanj.comNTEE Category
Code: S41 - Community improvement
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