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Mortgage Bankers Association Of Kentucky Inc

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

EIN: 611160670 ✦ Lawrenceburg, IN ✦ Designated as a 501(c)(6)

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Overview

What is Mortgage Bankers Association Of Kentucky Inc?

Mortgage Bankers Association of Kentucky Inc is a nonprofit organization, headquartered in Kentucky, that is committed to safeguarding and enhancing the mortgage banking sector within the state. As a volunteer-driven entity, it focuses on preserving the industry's integrity and fostering its growth. The association's mission encompasses both the conservation and upliftment of the mortgage banking industry in Kentucky, playing a crucial role in its overall development.


Official website here: www.mbaky.org

Is Mortgage Bankers Association Of Kentucky Inc legitimate?

Mortgage Bankers Association Of Kentucky Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Mortgage Bankers Association Of Kentucky Inc 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.mbaky.org

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

The Mortgage Bankers Association of Kentucky Inc. is a non-profit organization committed to preserving and enhancing the Mortgage banking industry within Kentucky. Its mission is centered around advocating for and promoting the betterment of this sector. The association operates on a volunteer basis, striving to improve the industry's overall status and functioning.


Official website here: www.mbaky.org

Who is the CEO of Mortgage Bankers Association Of Kentucky Inc?

Alan Thorup is the Executive Director of Mortgage Bankers Association Of Kentucky Inc.


Official website here: www.mbaky.org

What is the revenue of Mortgage Bankers Association Of Kentucky Inc?

Mortgage Bankers Association Of Kentucky Inc's revenue in 2022 was $37,997.


Official website here: www.mbaky.org

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


Here are 5 key members and their salaries:


Ashley Haury (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Guillaume (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abdul Muhammad (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Heflin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Thorup (Executive Director)
  • Compensation: $12,748
  • Related: $0
  • Other: $0


Official website here: www.mbaky.org

Where can I find the form 990EZ for Mortgage Bankers Association Of Kentucky Inc?

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


Official website here: www.mbaky.org

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

Mission Statement of Mortgage Bankers Association Of Kentucky Inc

The Mortgage Bankers Association of Kentucky is a committed non-profit organization, operating on a volunteer basis. Its primary mission is to safeguard and enhance the Mortgage banking sector within the state of Kentucky. This association works tirelessly to preserve the current state of the industry while also striving for its advancement. By doing so, it aims to ensure a prosperous future for the Mortgage banking industry in Kentucky.

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Impact




October, 2024

The Mortgage Bankers Association of Kentucky Inc plays a vital role in enhancing and preserving the mortgage banking industry within the state. By fostering a collaborative environment among mortgage professionals, the organization promotes best practices and facilitates professional development. It serves as a resource for industry knowledge, guiding members through regulatory changes and market trends. By advocating for the interests of its members, the association helps to create a more stable and efficient mortgage market, benefiting both lenders and consumers alike.

The association's impact extends to community improvement by ensuring that the mortgage banking sector operates effectively, which in turn supports home ownership and financial stability for residents in Kentucky. Through its activities, the organization strengthens the overall economic landscape of the region, contributing to the growth of the housing market and promoting responsible lending practices.




This information is meant to be a general summary of Mortgage Bankers Association Of Kentucky 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
$37,997 (2022)
Expenses
$32,040 (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: $17,035
  • Gross Receipts: $40,033

Assets and Liabilities:

  • Total Assets: $32,282
  • Total Liabilities: $0
  • Net Assets: $32,282

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Organization Details

Principal Officer

Alan Thorup

Main Address

19359 ALPINE DRIVE, LAWRENCEBURG, IN, 47025

NTEE Category

Code: S41 - Community improvement

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