Maryland Mortgage Bankersandbrokers

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237321034 ✦ Edgewater, MD ✦ Designated as a 501(c)(6)

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Overview

What is Maryland Mortgage Bankersandbrokers?

Maryland Mortgage Bankersandbrokers is a nonprofit organization located in Edgewater, Maryland. With a single employee, its primary focus is on promoting and offering educational opportunities to its members, primarily in the mortgage banking industry. This organization serves as a platform for exchanging information among its members and advocates for their interests by educating lawmakers on issues concerning real estate ownership. The organization also functions as a medium for disseminating relevant information and fostering collaboration among its members.

Is Maryland Mortgage Bankersandbrokers legitimate?

Maryland Mortgage Bankersandbrokers is a legitimate nonprofit organization registered as a 501(c)(6) entity. Maryland Mortgage Bankersandbrokers 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: $101,240

For more financial information, click here

What is the mission statement of Maryland Mortgage Bankersandbrokers?

Maryland Mortgage Bankersandbrokers, as an organization, is dedicated to fostering educational opportunities for its primary members within the mortgage banking sector. It serves an additional role in educating lawmakers on issues pertinent to real estate ownership. The association also serves as a platform for the exchange of information among its members, facilitating a better understanding and collaboration within the industry.

Who is the CEO of Maryland Mortgage Bankersandbrokers?

Ellen Wilson is the President of Maryland Mortgage Bankersandbrokers.

What is the revenue of Maryland Mortgage Bankersandbrokers?

Maryland Mortgage Bankersandbrokers's revenue in 2022 was $305,444.

Who are the executives of Maryland Mortgage Bankersandbrokers and what are their salaries?

The average compensation at Maryland Mortgage Bankersandbrokers during 2022 was $101,240. There is 1 employee at Maryland Mortgage Bankersandbrokers.


Here are 21 key members and their salaries:


Richard Metzgar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Palermo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Moses (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brendan Mckay (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaitlin Spurrier (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joey Case (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Danna (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Palmer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Morley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Summers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Higgins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Goldstein (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Fitzgerald (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Lenes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi Ford (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Kraemer-Dale (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malcolm Hollensteiner (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Wilson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Williams (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Gough (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Maryland Mortgage Bankersandbrokers?

Maryland Mortgage Bankersandbrokers's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Maryland Mortgage Bankersandbrokers

Maryland Mortgage Bankers&Brokers, a prominent organization, is dedicated to fostering educational growth within its primary membership base, which comprises professionals in the mortgage banking sector. The association's mission extends beyond just education, as it also seeks to enlighten lawmakers on issues pertaining to real estate ownership. Furthermore, Maryland Mortgage Bankers&Brokers serves as a platform for the exchange of valuable information among its members, fostering a collaborative environment within the industry.

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Impact




October, 2024

Maryland Mortgage Bankers and Brokers significantly impacts the mortgage banking industry by promoting education and providing essential resources for its members. By facilitating continuous learning opportunities, the organization helps its members stay informed about industry trends and regulations, which is crucial for maintaining a competitive edge in a dynamic market.

Additionally, the organization plays a vital role in educating lawmakers about issues related to real estate ownership. This advocacy ensures that policymakers are aware of the challenges and needs of the mortgage banking sector, fostering a legislative environment that supports industry growth and stability.

Moreover, Maryland Mortgage Bankers and Brokers creates a valuable forum for information exchange, allowing members to share best practices, insights, and strategies. This collaborative approach not only strengthens individual businesses but also enhances the overall health of the mortgage banking community in Maryland. Through these efforts, the organization contributes to community improvement by supporting housing accessibility and promoting responsible lending practices.




This information is meant to be a general summary of Maryland Mortgage Bankersandbrokers. 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.

Revenue
$305,444 (2022)
Expenses
$265,246 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9,953
  • Program Service Revenue: $295,491
  • Gross Receipts: $307,248

Assets and Liabilities:

  • Total Assets: $477,602
  • Total Liabilities: -$1,054
  • Net Assets: $478,656

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Events Income

Revenue

$139,087

Membership Dues

Revenue

$60,530

Sponsorship Income

Revenue

$62,750

Committee Income

Revenue

$18,532

Miscellaneous

Revenue

$14,592

Organization Details

Founding Year

1973

Principal Officer

Ellen Wilson

Main Address

PO Box 994, Edgewater, MD, 21037

NTEE Category

Code: S41 - Community improvement

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