Overview
What is Texas Mortgage Bankers Association?
Texas Mortgage Bankers Association is a nonprofit organization situated in Austin, Texas. With a team of five dedicated individuals, their primary mission is to support and advance the mortgage banking and real estate finance industry within the state. They achieve this by fostering a collaborative environment where members can exchange ideas and knowledge, as evidenced by their annual convention, which attracted around 700 attendees. The association's purpose is to preserve and enhance the business interests of its members, contributing positively to the mortgage banking sector in Texas.
Official website here: www.texasmba.org
Is Texas Mortgage Bankers Association legitimate?
Texas Mortgage Bankers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Texas 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: $200,416
Professional Fundraising Fees: $0
Other Salaries and Wages: $170,967
For more financial information, click here
Official website here: www.texasmba.org
What is the mission statement of Texas Mortgage Bankers Association?
The Texas Mortgage Bankers Association exists to serve the mutual interests of its members, aiming to preserve, enhance, and advance the mortgage banking and real estate finance business. This is done with the ultimate goal of benefiting the industry as a whole. The organization provides a platform for its members and other attendees to share information and ideas at their annual convention, which typically attracts around 700 individuals.
Official website here: www.texasmba.org
Who is the CEO of Texas Mortgage Bankers Association?
Lisa Vercher is the President of Texas Mortgage Bankers Association.
Official website here: www.texasmba.org
What is the revenue of Texas Mortgage Bankers Association?
Texas Mortgage Bankers Association's revenue in 2022 was $1,743,504.
Official website here: www.texasmba.org
Who are the executives of Texas Mortgage Bankers Association and what are their salaries?
The average compensation at Texas Mortgage Bankers Association during 2022 was $74,277. There are 5 employees and 50 volunteers at Texas Mortgage Bankers Association.
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Official website here: www.texasmba.org
Where can I find the form 990 for Texas Mortgage Bankers Association?
Texas Mortgage Bankers Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.texasmba.org
Learn more at the official website: www.texasmba.org
Mission Statement of Texas Mortgage Bankers Association
The Texas Mortgage Bankers Association (TMBAs) is dedicated to serving the mutual interests of its members, with the ultimate goal of preserving, enhancing, and advancing the mortgage banking and real estate finance business within the state of Texas. TMBAs' mission is multifaceted, aiming to support its members and promote the growth and success of the mortgage banking sector. They provide a platform for their members to share information and ideas, fostering a collaborative environment that benefits the industry as a whole. During their annual convention, approximately 700 attendees gather to engage in this knowledge exchange, contributing to the ongoing development and prosperity of the mortgage banking business in Texas.
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Impact
October, 2024
The Texas Mortgage Bankers Association (TMBA) significantly impacts the mortgage banking and real estate finance landscape in Texas by advocating for the mutual interests of its members. Through its efforts, TMBA works to preserve, enhance, and advance the industry, ensuring that members stay informed and competitive.
The annual convention exemplifies this impact, bringing together approximately 700 attendees to share information and ideas. This forum fosters networking opportunities and collaboration among professionals from across the state and the nation, enabling them to address challenges and explore new opportunities within the mortgage banking sector. By promoting community improvement and providing valuable resources and knowledge, TMBA plays a crucial role in shaping the future of mortgage banking in Texas.
This information is meant to be a general summary of Texas 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $90,512
- Program Service Revenue: $1,639,767
- Gross Receipts: $1,743,504
Assets and Liabilities:
- Total Assets: $3,261,412
- Total Liabilities: $343,338
- Net Assets: $2,918,074
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SEMINARS & MEETINGS
Revenue
$401,347
CONVENTION
Revenue
$780,195
MEMBER DUES
Revenue
$427,458
PUBLICATIONS
Revenue
$30,622
OTHER PROGRAMS
Revenue
$145
Organization Details
Founding Year
1917
Phone
(512) 480-8622Principal Officer
Lisa Vercher
Main Address
1701 DIRECTORS BLVD, AUSTIN, TX, 78744
Website
www.texasmba.orgNTEE Category
Code: S41 - Community improvement
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