Overview
What is National Association Of Mortgage Brokers Inc?
The National Association of Mortgage Brokers Inc., located in Plano, Texas, serves as the primary association for mortgage professionals nationwide. This nonprofit organization offers a range of resources, including certification programs, educational opportunities, and national conferences. By attending these events, members can enhance their professional skills, stay updated on the latest technology, network with peers, and engage with prominent lenders and suppliers in the industry. Furthermore, the association advocates for legislation that impacts mortgage professionals at both state and federal levels. By providing these services, the National Association of Mortgage Brokers Inc. aims to support and empower its members in the ever-evolving mortgage industry.
Official website here: www.namb.org
Is National Association Of Mortgage Brokers Inc legitimate?
National Association Of Mortgage Brokers Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of Mortgage Brokers 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:
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Other Salaries and Wages: $19,150
For more financial information, click here
Official website here: www.namb.org
What is the mission statement of National Association Of Mortgage Brokers Inc?
The National Association of Mortgage Brokers Inc serves as the national trade association for mortgage professionals. Their primary role is to provide certification, education, and legislative advocacy to enhance the skills and knowledge of mortgage professionals. They organize national conferences, offering unique opportunities for professional development, exploring the latest technology, networking with peers, and interacting with major lenders and suppliers in the industry.
Official website here: www.namb.org
What is the revenue of National Association Of Mortgage Brokers Inc?
National Association Of Mortgage Brokers Inc's revenue in 2024 was $1,852,546.
Official website here: www.namb.org
Who are the executives of National Association Of Mortgage Brokers Inc and what are their salaries?
Here are 13 key members and their salaries:
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- Compensation: $22,500
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Official website here: www.namb.org
Where can I find the form 990 for National Association Of Mortgage Brokers Inc?
National Association Of Mortgage Brokers Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.namb.org
Learn more at the official website: www.namb.org
Mission Statement of National Association Of Mortgage Brokers Inc
The National Association of Mortgage Brokers Inc serves as the national trade association for mortgage professionals. Its mission is multifaceted, encompassing the provision of certification, education, and legislative advocacy for individuals working in the mortgage industry. This association aims to foster professional growth, keep its members updated on the latest technological advancements, and provide a platform for networking with peers and key industry players. Additionally, NAMB organizes national conferences, attracting a large gathering of lenders and suppliers, offering unique opportunities for skill development and business expansion.
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Impact
October, 2024
The National Association of Mortgage Brokers Inc (NAMB) plays a significant role in shaping the mortgage industry by serving as a national trade association for mortgage professionals. It provides essential certification programs, educational resources, and advocacy efforts that help members navigate the complexities of the mortgage market.
Through its conferences, NAMB offers unique opportunities for mortgage professionals to enhance their skills, stay updated on the latest technology, and network with peers, lenders, and suppliers. These events foster professional growth and collaboration, contributing to a more informed and capable workforce within the industry.
Additionally, NAMB's legislative advocacy ensures that mortgage professionals have representation in policy discussions, influencing regulations that impact the entire sector. By advocating for the interests of its members, the organization helps create a more favorable operating environment for mortgage brokers, which in turn benefits consumers seeking mortgage services.
Overall, NAMB's impact extends beyond its members to the broader community, as its efforts to improve industry standards and practices contribute to a healthier mortgage market that supports homeownership and community development.
This information is meant to be a general summary of National Association Of Mortgage Brokers 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 2024.
- Investment Income: $25,847
- Program Service Revenue: $1,461,597
- Gross Receipts: $1,852,546
Assets and Liabilities:
- Total Assets: $1,702,763
- Total Liabilities: $0
- Net Assets: $1,702,763
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE INCOME
Revenue
$1,266,464
CERTIFICATION INCOME
Revenue
$126,632
EDUCATION INCOME
Revenue
$12,957
Organization Details
Founding Year
1973
Principal Officer
Valerie Saunders
Website
www.namb.orgNTEE Category
Code: S41 - Community improvement
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