Indiana Mortgage Bankers Inc

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

EIN: 237345226 ✦ Lawrenceburg, IN ✦ Designated as a 501(c)(6)

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Overview

What is Indiana Mortgage Bankers Inc?

Indiana Mortgage Bankers Inc is a nonprofit organization that serves around 120 member companies in Indiana. Their primary focus is on the education and mutual goals of their members, who belong to various chapters across the state. The association organizes three major events annually: a convention, a compliance seminar, and a production meeting. These events, along with smaller monthly and special meetings, aim to educate and update members on relevant topics in the residential mortgage banking industry. The association's mission is to provide services, support, and information to its members, promoting sound and ethical business practices in line with industry standards.

Is Indiana Mortgage Bankers Inc legitimate?

Indiana Mortgage Bankers Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Indiana Mortgage Bankers 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $71,528
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Indiana Mortgage Bankers Inc?

Indiana Mortgage Bankers Inc's mission is centered around serving its members effectively. With around 120 members across various chapters in Indiana, the association strives to educate and update them through events such as conventions and production conferences. These events, along with smaller monthly and special meetings, focus on topics relevant to the residential mortgage banking industry. The association also provides services, support, and information to its members, promoting sound and ethical business practices consistent with industry standards. In essence, Indiana Mortgage Bankers Inc aims to foster a supportive environment for its members, fostering growth and adherence to ethical principles within the mortgage banking industry.

Who is the CEO of Indiana Mortgage Bankers Inc?

Lynne Tamanini is the President of Indiana Mortgage Bankers Inc.

What is the revenue of Indiana Mortgage Bankers Inc?

Indiana Mortgage Bankers Inc's revenue in 2022 was $269,818.

Who are the executives of Indiana Mortgage Bankers Inc and what are their salaries?


Here are 20 key members and their salaries:


Alan Thorup (Executive Dir.)
  • Compensation: $71,528
  • Related: $0
  • Other: $0
Kristine Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Palak Effinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Conner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelley Werner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Buchanan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Scheer (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Pilling (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lili Del Toro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Dugger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Gedde (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mikie Collins (Chapter Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Vonderschmidt (Chapter Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Woodruff (Chapter Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Halliwill (Chapter Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Maier (Chapter Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Palmer Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Traylor (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynne Tamanini (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Indiana Mortgage Bankers Inc?

Indiana Mortgage Bankers Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Indiana Mortgage Bankers Inc

Indiana Mortgage Bankers Inc, as an organization, is dedicated to serving its approximately 120 member companies by providing them with educational programs, support, and information. The association's mission is to promote sound and ethical business practices consistent with industry standards. It achieves this by holding several events annually, including a convention, a compliance seminar, and a production meeting. Smaller, special meetings are also organized by the chapters to educate and update the members on topics relevant to the residential mortgage banking industry. The association's goal is to support its members in their professional growth and mutual success, all while adhering to the highest industry standards.

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Impact




October, 2024

Indiana Mortgage Bankers Inc has a significant impact on the residential mortgage banking industry in Indiana. With approximately 120 member companies, the association serves as a vital resource for education and professional development.

By organizing key events such as a convention, compliance seminar, and production meeting, as well as smaller monthly and special meetings, the association ensures that its members stay informed about the latest industry trends, regulations, and best practices. These initiatives not only enhance the knowledge and skills of mortgage professionals but also promote ethical business practices that align with industry standards.

The support and information provided by Indiana Mortgage Bankers Inc help foster a collaborative environment among its members, driving mutual goals and strengthening the overall mortgage banking community in the state. This commitment to education and ethical standards positions the organization as a leader in advancing the interests of its members and the mortgage industry as a whole.




This information is meant to be a general summary of Indiana Mortgage Bankers 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.

Revenue
$269,818 (2022)
Expenses
$232,120 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7
  • Program Service Revenue: $269,333
  • Gross Receipts: $269,818

Assets and Liabilities:

  • Total Assets: $139,506
  • Total Liabilities: $2,363
  • Net Assets: $137,143

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Programs

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

Educational Seminars

Revenue

$176,305

Membership Dues & Assessments

Revenue

$93,028

Organization Details

Founding Year

1958

Principal Officer

Lynne Tamanini

Main Address

19359 Alpine Drive, Lawrenceburg, IN, 47025

NTEE Category

Code: Z99 - Unknown

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