Virginia Mortgage Bankers Association

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

EIN: 540755922 ✦ Glen allen, VA ✦ Designated as a 501(c)(6)

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Overview

What is Virginia Mortgage Bankers Association?

The Virginia Mortgage Bankers Association, situated in Glen Allen, Virginia, serves as a nonprofit organization primarily dedicated to representing and supporting the mortgage industry. With a base at 4490 Cox Road, this association offers a range of services to its members, acting as a bridge between the mortgage sector and its stakeholders. By doing so, they contribute to the overall well-being and growth of the mortgage industry within the state of Virginia.


Official website here: www.virginiamba.org

Is Virginia Mortgage Bankers Association legitimate?

Virginia Mortgage Bankers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Virginia 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.virginiamba.org

What is the mission statement of Virginia Mortgage Bankers Association?

The Virginia Mortgage Bankers Association's mission is centered around representing the mortgage industry and catering to its members. This organization serves as a platform, striving to advocate for the interests of the mortgage industry and offering various services to its member base. The association's primary objective is to support its members in their professional endeavors within the mortgage sector.


Official website here: www.virginiamba.org

Who is the CEO of Virginia Mortgage Bankers Association?

Stacy K Puckett is the Blue Ridge Director of Virginia Mortgage Bankers Association.


Official website here: www.virginiamba.org

What is the revenue of Virginia Mortgage Bankers Association?

Virginia Mortgage Bankers Association's revenue in 2022 was $170,364.


Official website here: www.virginiamba.org

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


Here are 21 key members and their salaries:


Brian Rotenberry (Blue Ridge Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Ullman (Northern Virginia Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Mextdorf (Central Va Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy P Jordan (Peninsula Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Sager (Tidewater Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Price (Richmond Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Kilgo (Associate Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gigi Houchins (Associate Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Fitzgibbons (Associate Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill West (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracie Gallahan (At-Large Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Martin (At-Large Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Mazzola (At-Large Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian W Hill (At-Large Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Frank (At-Large Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Darcey (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda E Pond (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin A Russell (President Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Boyd Allison (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walt Lyons (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Huston (At-Large Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.virginiamba.org

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

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


Official website here: www.virginiamba.org

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

Mission Statement of Virginia Mortgage Bankers Association

The Virginia Mortgage Bankers Association, as a renowned organization, is dedicated to representing the mortgage industry and providing essential services to its members. In pursuit of this mission, it works tirelessly to advocate for the interests of the mortgage industry and offer valuable resources to its members. By representing this sector, the association aims to foster a conducive environment for its members to thrive and contribute positively to the mortgage industry as a whole.

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Impact




October, 2024

The Virginia Mortgage Bankers Association (VMBA) plays a crucial role in representing the mortgage industry within the state of Virginia. By advocating for the interests of its members, VMBA enhances the professionalism and efficiency of the mortgage banking sector. It provides essential services, resources, and support that empower members to navigate the complexities of the industry effectively.

Through its efforts, VMBA fosters a collaborative environment where industry professionals can share insights, best practices, and innovative solutions. This not only strengthens the individual businesses of members but also contributes to the overall stability and growth of the mortgage market in Virginia. The association’s active representation ensures that the concerns and needs of mortgage bankers are heard and addressed at various levels, including regulatory and legislative frameworks.

In essence, VMBA's impact is significant, as it not only supports its members but also plays a vital role in shaping a sustainable and progressive mortgage industry in Virginia.




This information is meant to be a general summary of Virginia 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
$170,364 (2022)
Expenses
$163,892 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $735
  • Program Service Revenue: $99,919
  • Gross Receipts: $184,485

Assets and Liabilities:

  • Total Assets: $217,079
  • Total Liabilities: $21,153
  • Net Assets: $195,926

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Programs

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

CONVENTION

Revenue

$76,083

EDUCATION EVENTS

Revenue

$23,836

Organization Details

Founding Year

1964

Principal Officer

Stacy K Puckett

Main Address

4490 COX ROAD, GLEN ALLEN, VA, 23060

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