Overview
What is New York Mortgage Bankers Assocation Inc?
New York Mortgage Bankers Association Inc. is a nonprofit organization situated in Albany, New York. Its primary mission is to support and foster the growth of the mortgage banking industry within the state, serving approximately 101 companies with numerous individual members. They achieve this objective through educational forums, such as an annual regional conference and numerous seminars and meetings held throughout the year. The association aims to promote sound and ethical business practices among its members and keep them updated on any changes in conditions, laws, and administrative matters related to their field. As of the provided information, they operate with a small team of one dedicated professional.
Official website here: www.nymba.org
Is New York Mortgage Bankers Assocation Inc legitimate?
New York Mortgage Bankers Assocation Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. New York Mortgage Bankers Assocation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,490
For more financial information, click here
Official website here: www.nymba.org
What is the mission statement of New York Mortgage Bankers Assocation Inc?
The New York Mortgage Bankers Association Inc serves as a professional organization dedicated to supporting and promoting the growth of the mortgage banking industry. Its mission is to foster sound and ethical business practices among its members, providing them with timely information about changes in conditions, laws, and administrative procedures. The association accomplishes this by serving approximately 101 companies, many of which have individual members, through educational forums such as an annual regional conference and various seminars and meetings held throughout the year.
Official website here: www.nymba.org
Who is the CEO of New York Mortgage Bankers Assocation Inc?
Christina Wiley is the Immediate Past President of New York Mortgage Bankers Assocation Inc.
Official website here: www.nymba.org
What is the revenue of New York Mortgage Bankers Assocation Inc?
New York Mortgage Bankers Assocation Inc's revenue in 2022 was $223,538.
Official website here: www.nymba.org
Who are the executives of New York Mortgage Bankers Assocation Inc and what are their salaries?
The average compensation at New York Mortgage Bankers Assocation Inc during 2022 was $71,490. There is 1 employee at New York Mortgage Bankers Assocation Inc.
Here are 5 key members and their salaries:
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- Compensation: $71,490
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Official website here: www.nymba.org
Where can I find the form 990 for New York Mortgage Bankers Assocation Inc?
New York Mortgage Bankers Assocation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nymba.org
Learn more at the official website: www.nymba.org
Mission Statement of New York Mortgage Bankers Assocation Inc
The New York Mortgage Bankers Association Inc, serving approximately 101 companies with numerous individual members, is a professional association dedicated to supporting and promoting the expansion of the mortgage banking business within the state. Its mission is multifaceted, focusing on promoting sound and ethical business practices among its members. The association strives to keep its members informed about changes in conditions, laws, and administrative requirements that may impact their businesses through timely information sharing. To achieve this, the New York Mortgage Bankers Association Inc organizes educational forums, including an annual regional conference and various seminars and meetings throughout the year. These events provide vital opportunities for members to learn, network, and stay updated on industry developments, thereby enhancing their ability to thrive in the mortgage banking sector.
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Impact
October, 2024
The New York Mortgage Bankers Association (NYMBA) plays a pivotal role in enhancing the mortgage banking industry within the state of New York. By serving around 101 companies and numerous individual members, it fosters the growth and expansion of mortgage banking.
NYMBA promotes sound and ethical business practices, which is essential for maintaining public trust and ensuring the integrity of the industry. By providing timely information about changes in laws, conditions, and administrative processes, NYMBA keeps its members informed and prepared to navigate an ever-evolving landscape.
Moreover, the organization supports professional development through educational opportunities, including an annual regional conference and various seminars and meetings throughout the year. These forums facilitate knowledge sharing and networking among industry professionals, ultimately elevating the standards and practices within the mortgage banking sector.
In summary, NYMBA's multifaceted approach not only strengthens individual businesses but also enhances the overall effectiveness and reliability of the mortgage banking industry in New York, promoting community improvement and economic growth.
This information is meant to be a general summary of New York Mortgage Bankers Assocation 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 2022.
- Program Service Revenue: $122,416
- Gross Receipts: $223,538
Assets and Liabilities:
- Total Assets: $117,411
- Total Liabilities: $16,400
- Net Assets: $101,011
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER REVENUE-SPONSORS
Revenue
$60,054
CONVENTION REGISTRATIO
Revenue
$25,243
CONTRIBUTIONS
Revenue
$25,000
GOLF
Revenue
$8,135
SPONSORSHIPS
Revenue
$1,955
Organization Details
Founding Year
2014
Phone
(518) 963-0593Principal Officer
Christina Wiley
Main Address
PO BOX 3242, ALBANY, NY, 12203
Website
www.nymba.orgNTEE Category
Code: S41 - Community improvement
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