Overview
What is Community Mortgage Lenders Of America Inc?
Community Mortgage Lenders of America Inc, headquartered in Washington D.C., serves as a vital resource for community mortgage lenders. Their primary purpose is to keep these lenders informed about evolving regulatory requirements. By providing timely and accurate information, they ensure that the community mortgage lending industry maintains a strong voice in Washington, influencing how the sector is governed. This proactive approach helps community mortgage lenders navigate regulatory changes effectively, ultimately benefiting the broader mortgage lending community.
Official website here: www.thecmla.com
Is Community Mortgage Lenders Of America Inc legitimate?
Community Mortgage Lenders Of America Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Community Mortgage Lenders Of America 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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Official website here: www.thecmla.com
What is the mission statement of Community Mortgage Lenders Of America Inc?
Community Mortgage Lenders of America Inc. is dedicated to serving the needs of community mortgage lenders. Their primary mission is to provide timely and accurate information about regulatory changes in the industry. Furthermore, they aim to ensure that community mortgage lenders have a significant voice in Washington, influencing how the industry is regulated. By doing so, they aim to protect the interests of their members and maintain a favorable regulatory environment for community mortgage lending.
Official website here: www.thecmla.com
Who is the CEO of Community Mortgage Lenders Of America Inc?
Michael Jones is the Director of Community Mortgage Lenders Of America Inc.
Official website here: www.thecmla.com
What is the revenue of Community Mortgage Lenders Of America Inc?
Community Mortgage Lenders Of America Inc's revenue in 2021 was $216,333.
Official website here: www.thecmla.com
Who are the executives of Community Mortgage Lenders Of America Inc and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.thecmla.com
Where can I find the form 990 for Community Mortgage Lenders Of America Inc?
Community Mortgage Lenders Of America Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.thecmla.com
Learn more at the official website: www.thecmla.com
Mission Statement of Community Mortgage Lenders Of America Inc
Community Mortgage Lenders of America Inc is dedicated to serving the needs of community mortgage lenders. Their primary mission is to provide these lenders with up-to-date and accurate information regarding changing regulatory requirements. Additionally, they strive to ensure that community mortgage lenders have a significant voice in Washington, influencing how the industry is regulated. By doing so, they aim to support the growth and success of community mortgage lenders within the industry.
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Impact
October, 2024
Community Mortgage Lenders Of America Inc plays a crucial role in supporting community mortgage lenders by offering timely and accurate information on evolving regulatory requirements. This organization acts as a vital resource, helping lenders navigate the complexities of the regulatory landscape and ensuring they remain informed about any changes that could impact their operations.
Additionally, by advocating for community mortgage lenders in Washington, D.C., the organization ensures that these lenders have a voice in the regulatory process. This representation is essential for addressing the unique needs and challenges faced by community lenders, ultimately contributing to a more balanced and equitable industry.
Through its efforts, Community Mortgage Lenders Of America Inc significantly enhances the capacity of community mortgage lenders to operate effectively, thereby promoting community improvement and facilitating access to housing for diverse populations.
This information is meant to be a general summary of Community Mortgage Lenders Of America 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 2021.
- Program Service Revenue: $216,333
- Gross Receipts: $216,333
Assets and Liabilities:
- Total Assets: $174,608
- Total Liabilities: $140,540
- Net Assets: $34,068
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP FEES
Revenue
$201,333
SPONSORSHIP FEES
Revenue
$15,000
Organization Details
Founding Year
2009
Phone
(314) 292-7933Principal Officer
Michael Jones
Main Address
1629 K STREET NW 300, WASHINGTON, DC, 20006
Website
www.thecmla.comNTEE Category
Code: S41 - Community improvement
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