Mortgage Bankers Association Of New York Inc

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

EIN: 521225868 ✦ New york, NY ✦ Designated as a 501(c)(6)

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Overview

What is Mortgage Bankers Association Of New York Inc?

Mortgage Bankers Association of New York Inc. serves as a trade association, primarily catering to mortgage bankers. This nonprofit organization is dedicated to fostering a collaborative environment for its members, providing them with resources and opportunities to thrive in their respective fields. While detailed information about their activities and missions was not available, the description suggests that they focus on supporting and advocating for the interests of mortgage bankers in New York.


Official website here: www.mbany.org

Is Mortgage Bankers Association Of New York Inc legitimate?

Mortgage Bankers Association Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Mortgage Bankers Association Of New York 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: $4,000

For more financial information, click here


Official website here: www.mbany.org

What is the mission statement of Mortgage Bankers Association Of New York Inc?

The Mortgage Bankers Association of New York Inc serves as a trade association for mortgage bankers. Its mission, however, is not explicitly provided in the given information. As such, I'm unable to provide a mission statement summary at this time.


Official website here: www.mbany.org

What is the revenue of Mortgage Bankers Association Of New York Inc?

Mortgage Bankers Association Of New York Inc's revenue in 2021 was $47,237.


Official website here: www.mbany.org

Who are the executives of Mortgage Bankers Association Of New York Inc and what are their salaries?

Here are 14 key members and their salaries:


Kitty Yen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Stern (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zahra Jafri (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Kozlowski (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Nuber (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg Christensen (Board Of Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Stein (Board Of Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Mcdonald (Board Of Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Nachamie (Board Of Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Jurbala (Communications Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Wiener (Membership Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Linder (Scholarship Foundation Co-)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Carr (Scholarship Foundation Co-)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Amoo (Sponsorship Committee Chai)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mbany.org

Where can I find the form 990 for Mortgage Bankers Association Of New York Inc?

Mortgage Bankers Association Of New York Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.mbany.org

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

Mission Statement of Mortgage Bankers Association Of New York Inc

Mortgage Bankers Association of New York Inc serves as a trade association, dedicated to supporting mortgage bankers. Its mission, while not explicitly stated in the provided information, can be inferred from its description as a trade association. This organization likely aims to foster a conducive environment for mortgage bankers, possibly through networking opportunities, educational resources, and advocacy. However, without specific details, this is a paraphrased and inferred summary based on the provided description.

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Impact




October, 2024

The Mortgage Bankers Association of New York Inc. plays a significant role as a trade association for mortgage bankers, impacting the industry by advocating for members, influencing policy, and providing educational resources. By facilitating communication and collaboration among professionals, it helps to improve industry standards and practices, contributing to the overall health of the mortgage banking sector.

The association’s mission emphasizes community improvement, reflecting its commitment to fostering a more stable and informed mortgage market. Through various initiatives and programs, it supports members in navigating the complexities of mortgage banking, ultimately benefiting consumers, lenders, and the broader economy. The influence of the association extends to promoting best practices, enhancing regulatory understanding, and driving innovation within the industry.




This information is meant to be a general summary of Mortgage Bankers Association Of New York 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.

Revenue
$47,237 (2021)
Expenses
$70,182 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $1
  • Program Service Revenue: $18,986
  • Gross Receipts: $47,237

Assets and Liabilities:

  • Total Assets: $90,236
  • Total Liabilities: $2,269
  • Net Assets: $87,967

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES
0

Revenue

$13,529

WORKSHOPS
0

Revenue

$5,457

Organization Details

Founding Year

1948

Principal Officer

Karen Kozlowski

NTEE Category

Code: S47 - Community improvement

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