New Mexico Mortgage Lenders Association

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

EIN: 850385223 ✦ Albuquerque, NM ✦ Designated as a 501(c)(6)

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Overview

What is New Mexico Mortgage Lenders Association?

The New Mexico Mortgage Lenders Association is a nonprofit organization that primarily serves the mortgage industry professionals in New Mexico. They aim to educate and inform their members through regular conferences and monthly meetings, which typically attract around 50 to 80 attendees. These gatherings feature insightful speakers. Additionally, the association offers a safe certification training program to further enhance their members' skills and knowledge. Besides education, they also have a lobbyist who keeps a close eye on legislative activities at the New Mexico State legislature, advocating for the interests of their members.


Official website here: www.nmmla.org

Is New Mexico Mortgage Lenders Association legitimate?

New Mexico Mortgage Lenders Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. New Mexico Mortgage Lenders Association 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.nmmla.org

What is the mission statement of New Mexico Mortgage Lenders Association?

The New Mexico Mortgage Lenders Association serves to educate and inform industry professionals by organizing educational and informational conferences and monthly meetings. These events typically attract 50 to 80 attendees and feature expert speakers. The association also offers a secure certification training program. Furthermore, they have a lobbyist who keeps a close eye on legislative activities in New Mexico and advocates on behalf of their members, promoting their interests in the state legislature.


Official website here: www.nmmla.org

Who is the CEO of New Mexico Mortgage Lenders Association?

Sheryl Kassetas is the President of New Mexico Mortgage Lenders Association.


Official website here: www.nmmla.org

What is the revenue of New Mexico Mortgage Lenders Association?

New Mexico Mortgage Lenders Association's revenue in 2022 was $158,153.


Official website here: www.nmmla.org

Who are the executives of New Mexico Mortgage Lenders Association and what are their salaries?


Here are 11 key members and their salaries:


Angela Muxworthy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheryl Kassetas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Casetllano (Secretary, Exec Vp)
  • Compensation: $20,500
  • Related: $0
  • Other: $0
Zachary Wade (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Garcia (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daryl Custer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Burgandy Casias (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Snyder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher A Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Sanchez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nmmla.org

Where can I find the form 990EZ for New Mexico Mortgage Lenders Association?

New Mexico Mortgage Lenders Association's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.nmmla.org

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

Mission Statement of New Mexico Mortgage Lenders Association

The New Mexico Mortgage Lenders Association plays a significant role in educating and providing information to professionals within the mortgage industry. This organization achieves this through a series of educational and informational conferences and regular monthly meetings, attracting an average of 50 to 80 attendees per gathering. These events feature expert speakers who share their insights and knowledge. Moreover, the association offers a safe certification training program, further enhancing the skills and expertise of its members.

In addition to education, the New Mexico Mortgage Lenders Association also serves as an advocate for its members. The organization boasts a lobbyist who closely monitors activities at the New Mexico State legislature. This lobbyist works tirelessly to represent the interests of the association's members, ensuring their voices are heard and their concerns are addressed in the legislative process. This proactive approach helps to maintain a favorable business environment for the mortgage industry in New Mexico.

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Impact




October, 2024

The New Mexico Mortgage Lenders Association significantly impacts the mortgage industry by enhancing the knowledge and skills of industry professionals. Through a series of educational conferences and monthly meetings, which typically attract 50 to 80 attendees, the association facilitates valuable interactions and discussions among lenders. This exchange of information fosters a collaborative environment that promotes best practices in the industry.

Additionally, the association provides a SAFE certification training program, ensuring that members are well-equipped with the necessary skills to comply with industry standards and regulations. This commitment to education not only benefits individual professionals but also elevates the overall quality of service provided to consumers in New Mexico.

Advocacy is another critical component of the association's impact. By employing a lobbyist to monitor legislative activity at the New Mexico State Legislature, the organization actively represents the interests of its members. This advocacy work is essential in shaping policies that affect the mortgage lending landscape, thereby fostering a more favorable environment for both lenders and borrowers.

Overall, the New Mexico Mortgage Lenders Association plays a vital role in community improvement by empowering professionals, promoting compliance, and advocating for industry-friendly legislation.




This information is meant to be a general summary of New Mexico Mortgage Lenders 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
$158,153 (2022)
Expenses
$107,752 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $212
  • Program Service Revenue: $88,260
  • Gross Receipts: $158,153

Assets and Liabilities:

  • Total Assets: $267,546
  • Total Liabilities: $0
  • Net Assets: $267,546

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Organization Details

Principal Officer

Sheryl Kassetas

Main Address

5901 Wyoming Blvd NE J356, Albuquerque, NM, 87109

NTEE Category

Code: S41 - Community improvement

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