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Delaware Mortgage Bankers Association

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

EIN: 474553088 ✦ Wilmington, DE ✦ Designated as a 501(c)(6)

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Overview

What is Delaware Mortgage Bankers Association?

The Delaware Mortgage Bankers Association is a trade organization situated in Wilmington, DE. Its primary function is to offer education and support to its members. Recently, it hosted a well-received Lunch and Learn Seminar at the NCCBOR office. Moreover, the association demonstrated its commitment to community service by organizing an MBA Holiday Jingle & Charity Fundraiser in December. This fundraiser aimed to benefit the Office of Child Advocate (OCA), a non-profit that focuses on supporting foster children in Delaware.


Official website here: www.delawaremba.org

Is Delaware Mortgage Bankers Association legitimate?

Delaware Mortgage Bankers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Delaware Mortgage Bankers Association submitted a form 990EZ, 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.


Official website here: www.delawaremba.org

What is the mission statement of Delaware Mortgage Bankers Association?

The Delaware Mortgage Bankers Association serves as a trade organization, focusing on providing education and support to its members. While the information does not provide a specific mission statement, the association's activities suggest a commitment to fostering professional development and giving back to the community. The Lunch and Learn Seminar, for instance, shows an emphasis on knowledge sharing within the industry. Furthermore, the MBA Holiday Jingle & Charity Fundraiser, which benefited the Office of Child Advocate (OCA), indicates a dedication to supporting vulnerable children in the state. Overall, the Delaware Mortgage Bankers Association appears to prioritize the advancement of its members and the betterment of the community it serves.


Official website here: www.delawaremba.org

Who is the CEO of Delaware Mortgage Bankers Association?

Richard Pollock is the President of Delaware Mortgage Bankers Association.


Official website here: www.delawaremba.org

What is the revenue of Delaware Mortgage Bankers Association?

Delaware Mortgage Bankers Association's revenue in 2022 was $17,727.


Official website here: www.delawaremba.org

Who are the executives of Delaware Mortgage Bankers Association and what are their salaries?


Here are 3 key members and their salaries:


Richard Pollock (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Pollock (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Centrella (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.delawaremba.org

Where can I find the form 990EZ for Delaware Mortgage Bankers Association?

Delaware Mortgage Bankers Association's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.delawaremba.org

Learn more at the official website: www.delawaremba.org

Mission Statement of Delaware Mortgage Bankers Association

The Delaware Mortgage Bankers Association, as a trade organization, is dedicated to providing education and services to its members. While the information provided does not specify an explicit mission statement, it can be inferred that their purpose is to support and empower their members in the mortgage banking industry. This is evident in their recent Lunch and Learn Seminar, which received positive feedback, indicating a focus on professional development and knowledge sharing. Moreover, their MBA Holiday Jingle & Charity Fundraiser in December, which benefited the Office of Child Advocate (OCA), a non-profit that supports foster children in Delaware, suggests a commitment to community involvement and charitable causes.

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Impact




October, 2024

The Delaware Mortgage Bankers Association has a significant impact on the state's housing finance industry and the broader community. By providing education and services to its members, the organization enhances the professional development of mortgage bankers, ensuring they are well-equipped to navigate the complexities of the market.

Recent activities, such as the Lunch and Learn Seminar at the NCCBOR office, demonstrate the association's commitment to fostering knowledge sharing and networking among industry professionals. The positive feedback from attendees highlights the value of these educational initiatives.

In addition to enhancing industry knowledge, the association actively engages in community support. Its organization of the MBA Holiday Jingle & Charity Fundraiser to benefit the Office of Child Advocate reflects a dedication to social responsibility, particularly in supporting foster children in Delaware. By combining professional development with community improvement efforts, the Delaware Mortgage Bankers Association plays a crucial role in both economic and social spheres in the region.




This information is meant to be a general summary of Delaware 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.

Revenue
$17,727 (2022)
Expenses
$16,662 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $26,019
  • Gross Receipts: $26,019

Assets and Liabilities:

  • Total Assets: $3,825
  • Total Liabilities: $0
  • Net Assets: $3,825

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Organization Details

Principal Officer

Richard Pollock

Main Address

232 Philadelphia Pike, Wilmington, DE, 19809

NTEE Category

Code: S41 - Community improvement

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