Overview
What is Illinois Mortgage Bankers Association?
The Illinois Mortgage Bankers Association is a nonprofit organization aimed at educating and updating professionals within the mortgage banking sector. They accomplish this through various means, such as organizing educational meetings, conferences, and classes. The association's primary goal is to ensure its members stay informed and updated within their field, thereby enhancing their professional growth and effectiveness.
Official website here: www.imba.org
Is Illinois Mortgage Bankers Association legitimate?
Illinois Mortgage Bankers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Illinois Mortgage Bankers Association 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: $142,873
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.imba.org
What is the mission statement of Illinois Mortgage Bankers Association?
The Illinois Mortgage Bankers Association is committed to educating and keeping updated its members within the mortgage banking industry. They achieve this by organizing educational meetings, conferences, and classes, serving as a vital resource for their members to stay informed. The association's primary objective is to ensure that its members stay current with industry developments and trends. By providing these educational opportunities, the Illinois Mortgage Bankers Association supports the professional growth and success of its members.
Official website here: www.imba.org
What is the revenue of Illinois Mortgage Bankers Association?
Illinois Mortgage Bankers Association's revenue in 2023 was $279,553.
Official website here: www.imba.org
Who are the executives of Illinois Mortgage Bankers Association and what are their salaries?
The average compensation at Illinois Mortgage Bankers Association during 2023 was $142,873. There is 1 employee at Illinois Mortgage Bankers Association.
Here are 2 key members and their salaries:
- Compensation: $130,000
- Related: $0
- Other: $12,873
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.imba.org
Where can I find the form 990 for Illinois Mortgage Bankers Association?
Illinois Mortgage Bankers Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.imba.org
Learn more at the official website: www.imba.org
Mission Statement of Illinois Mortgage Bankers Association
The Illinois Mortgage Bankers Association, as an organization, is committed to enlightening and keeping its members within the mortgage banking sector current and informed. To achieve this, they arrange a variety of educational meetings, conferences, and classes. By doing so, the association ensures that its members remain updated with the latest developments and trends in the mortgage banking industry.
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Impact
October, 2024
The Illinois Mortgage Bankers Association plays a crucial role in enhancing the knowledge and skills of professionals within the mortgage banking industry. By organizing educational meetings, conferences, and classes, it ensures that its members stay informed about the latest trends, regulations, and best practices. This commitment to continuous education not only strengthens individual members but also elevates the overall standards of the industry, fostering a more informed and efficient mortgage banking environment. As a result, the association significantly contributes to community improvement through enhanced professional development and industry cohesion in Illinois.
This information is meant to be a general summary of Illinois Mortgage Bankers Association. 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: $186,516
- Gross Receipts: $279,553
Assets and Liabilities:
- Total Assets: $103,401
- Total Liabilities: $62,138
- Net Assets: $41,263
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
2019-20 ANNUAL SPONSOR PR
Revenue
$55,895
VARIOUS CONFERENCES AND C
Revenue
$130,621
Organization Details
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