Overview
What is Michigan Mortgage Lenders Association?
The Michigan Mortgage Lenders Association is a nonprofit organization, located in Shelby Township, Michigan. With a modest workforce of three individuals, their primary focus is on promoting ethical standards within the mortgage industry. They achieve this by offering educational and related services to both their members and the public at large. This commitment to education aims to uphold professional integrity within the mortgage sector, thereby contributing positively to the industry as a whole.
Official website here: www.mmla.net
Is Michigan Mortgage Lenders Association legitimate?
Michigan Mortgage Lenders Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Michigan Mortgage Lenders 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: $86,008
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,875
For more financial information, click here
Official website here: www.mmla.net
What is the mission statement of Michigan Mortgage Lenders Association?
The Michigan Mortgage Lenders Association's mission is to uphold ethical standards within the mortgage industry. They accomplish this by offering educational and various other services to both their members and the public. The organization's primary goal is to foster a responsible and ethical work environment in the mortgage sector. By providing these resources, they aim to enhance industry professionals' knowledge and conduct, ultimately benefiting both the industry and the public.
Official website here: www.mmla.net
Who is the CEO of Michigan Mortgage Lenders Association?
Joanne Misuraca is the CEO of Michigan Mortgage Lenders Association The CEO's salary of Michigan Mortgage Lenders Association is $86,008 and their total compensation is $96,463.
Official website here: www.mmla.net
What is the revenue of Michigan Mortgage Lenders Association?
Michigan Mortgage Lenders Association's revenue in 2023 was $443,360.
Official website here: www.mmla.net
Who are the executives of Michigan Mortgage Lenders Association and what are their salaries?
The average compensation at Michigan Mortgage Lenders Association during 2023 was $45,294. There are 3 employees and 45 volunteers at Michigan Mortgage Lenders Association.
Here are 11 key members and their salaries (Michigan Mortgage Lenders Association's CEO's salary is $86,008 and their total compensation is $96,463):
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- Compensation: $86,008
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- Other: $10,455
Official website here: www.mmla.net
Where can I find the form 990 for Michigan Mortgage Lenders Association?
Michigan Mortgage Lenders Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mmla.net
Learn more at the official website: www.mmla.net
Mission Statement of Michigan Mortgage Lenders Association
The Michigan Mortgage Lenders Association, a prominent organization within the mortgage industry, is dedicated to upholding ethical standards among its professionals. It achieves this by offering educational and related services to both its members and the public at large. The association's primary mission is to promote a culture of integrity and responsibility within the mortgage sector, ensuring that all professionals conduct their businesses with transparency and honesty. By providing educational resources and opportunities, the Michigan Mortgage Lenders Association empowers its members to stay informed about industry developments and best practices, thereby contributing to a more trustworthy and reliable mortgage market.
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Impact
October, 2024
The Michigan Mortgage Lenders Association plays a pivotal role in elevating the standards of the mortgage industry within the state. By promoting ethical practices among mortgage professionals, the organization ensures that both industry members and the public benefit from high-quality services and information. Through various educational programs and resources, the Association enhances the knowledge and skills of its members, fostering a culture of professionalism and accountability. This commitment not only supports individual lenders in their practice but also contributes to the overall integrity and trustworthiness of the mortgage sector in Michigan, promoting better outcomes for consumers and the community at large.
This information is meant to be a general summary of Michigan Mortgage Lenders 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.
- Investment Income: $7,108
- Program Service Revenue: $407,292
- Gross Receipts: $443,360
Assets and Liabilities:
- Total Assets: $464,334
- Total Liabilities: $88,284
- Net Assets: $376,050
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUNCTION REVENUE
Revenue
$239,855
PROGRAM SERVICE REVENU
Revenue
$141,391
MEMBERSHIP DUES
Revenue
$26,046
Organization Details
Founding Year
1993
Principal Officer
Joanne Misuraca
Website
www.mmla.netNTEE Category
Code: S41 - Community improvement
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