Overview
What is Mortgage Bankers Association Of The Carolinas Inc?
Mortgage Bankers Association of the Carolinas Inc, situated in Huntersville, North Carolina, is a nonprofit organization dedicated to the educational advancement of individuals involved in the mortgage industry. Their primary objective is to support and enhance this sector by organizing events, conducting seminars, and disseminating newsletters. They also maintain a members' directory, aiming to promote goodwill within the industry. The organization serves as a unified body for mortgage professionals, providing value through education, legislative representation, and communication channels. It upholds ethical standards as a core principle, fostering a responsible and reliable mortgage banking industry in North Carolina and beyond. Maximum word count: 119
Official website here: www.mbac.org
Is Mortgage Bankers Association Of The Carolinas Inc legitimate?
Mortgage Bankers Association Of The Carolinas Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Mortgage Bankers Association Of The Carolinas Inc 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.
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Executive Compensation: $94,327
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Other Salaries and Wages: $0
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Official website here: www.mbac.org
What is the mission statement of Mortgage Bankers Association Of The Carolinas Inc?
Mortgage Bankers Association of the Carolinas Inc has a mission to unite as an organization of mortgage professionals, providing value to its membership through education, legislative representation, and communications. The association aims to promote the highest ethical standards within the mortgage banking industry. It strives to advance the educational development of individuals engaged in the mortgage business, with the goal of improving the industry and fostering goodwill. This is achieved through various means, such as conventions, seminars, newsletters, and a members' directory.
Official website here: www.mbac.org
Who is the CEO of Mortgage Bankers Association Of The Carolinas Inc?
Robin Weyrens is the President of Mortgage Bankers Association Of The Carolinas Inc.
Official website here: www.mbac.org
What is the revenue of Mortgage Bankers Association Of The Carolinas Inc?
Mortgage Bankers Association Of The Carolinas Inc's revenue in 2022 was $212,528.
Official website here: www.mbac.org
Who are the executives of Mortgage Bankers Association Of The Carolinas Inc and what are their salaries?
The average compensation at Mortgage Bankers Association Of The Carolinas Inc during 2022 was $94,327. There is 1 employee at Mortgage Bankers Association Of The Carolinas Inc.
Here are 19 key members and their salaries:
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Official website here: www.mbac.org
Where can I find the form 990 for Mortgage Bankers Association Of The Carolinas Inc?
Mortgage Bankers Association Of The Carolinas Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mbac.org
Learn more at the official website: www.mbac.org
Mission Statement of Mortgage Bankers Association Of The Carolinas Inc
Mortgage Bankers Association of the Carolinas, Inc., a collective of mortgage professionals, is committed to unifying its membership and creating value through education, legislative representation, and communications. The organization's primary mission is to advance the educational growth of individuals engaged in the mortgage industry. By organizing conventions, seminars, newsletters, and a members' directory, Mortgage Bankers Association of the Carolinas, Inc., aims to enhance the industry and foster goodwill within the sector. The association promotes ethical standards, aiming to elevate the integrity of the mortgage banking industry.
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Impact
October, 2024
The Mortgage Bankers Association of the Carolinas Inc plays a vital role in enhancing the mortgage banking industry by focusing on the educational advancement of professionals in this field. By organizing conventions, seminars, and distributing newsletters, the association fosters a culture of continuous learning and improvement among its members. This commitment not only elevates the standards of practice within the industry but also promotes goodwill and cooperation among professionals.
By uniting mortgage professionals, the organization creates a network that supports legislative representation and effective communication on issues that affect the industry. This advocacy ensures that members are well-informed and able to navigate the complexities of the mortgage market, ultimately benefiting consumers and enhancing community trust.
The association's emphasis on ethical standards reinforces the integrity of the mortgage banking industry, creating a solid foundation for building lasting relationships with clients and partners. Through these efforts, the Mortgage Bankers Association of the Carolinas Inc significantly contributes to the overall improvement of the community and the economic health of the region.
This information is meant to be a general summary of Mortgage Bankers Association Of The Carolinas Inc. 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: $183
- Program Service Revenue: $212,345
- Gross Receipts: $212,528
Assets and Liabilities:
- Total Assets: $658,059
- Total Liabilities: $15,828
- Net Assets: $642,231
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTION
Revenue
$125,852
DUES
Revenue
$78,815
OTHER PROGRAMS
Revenue
$7,678
Organization Details
Founding Year
1955
Phone
(704) 557-0204Principal Officer
Robin Weyrens
Main Address
PO BOX 1511, HUNTERSVILLE, NC, 280701511
Website
www.mbac.orgNTEE Category
Code: S41 - Community improvement
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