Tidewater Mortgage Bankers Assoc

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

EIN: 541607447 ✦ Chesapeake, VA ✦ Designated as a 501(c)(6)

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Overview

What is Tidewater Mortgage Bankers Assoc?

Tidewater Mortgage Bankers Assoc, situated in Chesapeake, Virginia, serves as a nonprofit organization primarily for mortgage banking professionals. Their primary objective is to offer members various opportunities to engage in discussions addressing current industry challenges through regular meetings. This association aims to foster a collaborative environment, enabling its members to stay updated and address the evolving needs of the mortgage banking industry.


Official website here: www.tmba.org

Is Tidewater Mortgage Bankers Assoc legitimate?

Tidewater Mortgage Bankers Assoc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Tidewater Mortgage Bankers Assoc 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.tmba.org

What is the mission statement of Tidewater Mortgage Bankers Assoc?

Tidewater Mortgage Bankers Assoc, as a mortgage banking association, serves its members by offering them the chance to engage in discussions addressing current industry issues at regular meetings. The primary mission of this organization is to foster an environment where members can share insights, strategies, and solutions to overcome the challenges confronting the mortgage industry. By participating in these meetings, members can stay updated on industry trends, network with peers, and collectively work towards finding solutions to common problems. Tidewater Mortgage Bankers Assoc aims to provide a platform for its members to collaborate and learn from each other, ultimately enhancing their professional growth and contributing to the overall success of the mortgage banking sector.


Official website here: www.tmba.org

Who is the CEO of Tidewater Mortgage Bankers Assoc?

Mike Grunwald is the President of Tidewater Mortgage Bankers Assoc.


Official website here: www.tmba.org

What is the revenue of Tidewater Mortgage Bankers Assoc?

Tidewater Mortgage Bankers Assoc's revenue in 2022 was $77,996.


Official website here: www.tmba.org

Who are the executives of Tidewater Mortgage Bankers Assoc and what are their salaries?


Here are 9 key members and their salaries:


Mike Grunwald (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Sager (President El)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Stedfast (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hill (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Gunter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Ramsey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Fowler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Steele (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colby Raymond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tmba.org

Where can I find the form 990EZ for Tidewater Mortgage Bankers Assoc?

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


Official website here: www.tmba.org

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

Mission Statement of Tidewater Mortgage Bankers Assoc

Tidewater Mortgage Bankers Assoc, a Mortgage Banking association based in an undisclosed location, serves as a platform for its members to engage in discussions addressing modern industry challenges. Its primary mission is to provide a space where members can collectively address and navigate the evolving landscape of the mortgage banking industry. By participating in these meetings, members gain valuable insights and perspectives, enabling them to better adapt and thrive in the sector.

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Impact




October, 2024

Tidewater Mortgage Bankers Association significantly impacts the mortgage banking industry in Chesapeake, VA, by fostering collaboration and knowledge-sharing among its members. It provides a platform for industry professionals to engage in meetings that address contemporary challenges in mortgage banking. Through these interactions, members gain insights, develop skills, and stay informed about best practices and regulatory changes. This collaborative environment not only enhances individual business practices but also contributes to the overall improvement of the community and the financial stability of the housing market in the region. The association's efforts promote professionalism, ethical standards, and a commitment to excellence within the mortgage banking sector.




This information is meant to be a general summary of Tidewater Mortgage Bankers Assoc. 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
$77,996 (2022)
Expenses
$75,895 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,234
  • Program Service Revenue: $60,657
  • Gross Receipts: $85,791

Assets and Liabilities:

  • Total Assets: $190,914
  • Total Liabilities: $26,487
  • Net Assets: $164,427

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Organization Details

Principal Officer

Mike Grunwald

Main Address

1403 GREENBRIER PARKWAY SUITE 150, CHESAPEAKE, VA, 23320

NTEE Category

Code: S41 - Community improvement

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