Overview
What is California Mortgage Association?
California Mortgage Association is a nonprofit organization situated in Sacramento, California. Its primary objective is to offer educational opportunities to its members, hosting three annual conferences. Additionally, the association keeps its members informed about the California Legislature and the industry through publications, ensuring they stay updated. The mission of California Mortgage Association is to foster a sense of unity and mutual support among like-minded businesses in the California region, thereby promoting education and association within the industry.
Official website here: www.californiamortgageassociation.com
Is California Mortgage Association legitimate?
California Mortgage Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. California Mortgage 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.
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Official website here: www.californiamortgageassociation.com
What is the mission statement of California Mortgage Association?
The California Mortgage Association, as an organization, aims to serve like-minded businesses by providing them with education and association. Its mission is to facilitate this through the conduction of educational conferences for its members. Additionally, the association keeps its members informed about the industry by monitoring the California Legislature and disseminating relevant information. The organization also distributes publications to its members, ensuring they stay updated on industry trends and developments.
Official website here: www.californiamortgageassociation.com
What is the revenue of California Mortgage Association?
California Mortgage Association's revenue in 2024 was $534,917.
Official website here: www.californiamortgageassociation.com
Who are the executives of California Mortgage Association and what are their salaries?
There 43 volunteers at California Mortgage Association.
Here are 19 key members and their salaries:
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Official website here: www.californiamortgageassociation.com
Where can I find the form 990 for California Mortgage Association?
California Mortgage Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.californiamortgageassociation.com
Learn more at the official website: www.californiamortgageassociation.com
Mission Statement of California Mortgage Association
The California Mortgage Association, recognized by its mission, is dedicated to fostering an educational environment and promoting camaraderie among businesses with similar interests in California. Its primary objective is to serve as a platform for these like-minded businesses, providing them with essential resources and keeping them informed about industry-related developments. To achieve this mission, the California Mortgage Association hosts three educational conferences, offering its members valuable networking opportunities and up-to-date industry insights. Furthermore, the association distributes relevant publications and closely monitors the California Legislature, ensuring that its members remain well-informed about legislative changes impacting the mortgage industry.
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Impact
October, 2024
The California Mortgage Association (CMA) significantly impacts the mortgage industry in California by fostering a collaborative environment for businesses that share a common goal. Through three major educational conferences, CMA facilitates knowledge sharing and professional development, helping members stay informed about industry trends and best practices.
Additionally, the association distributes publications that provide valuable insights into the evolving landscape of the mortgage sector. By actively monitoring the California Legislature, CMA ensures its members are well-informed about legislative changes and their implications for the industry. This proactive approach not only enhances the capabilities of member businesses but also contributes to overall community improvement by promoting a more knowledgeable and compliant mortgage industry in the state.
This information is meant to be a general summary of California Mortgage 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 2024.
- Investment Income: $14,697
- Program Service Revenue: $509,571
- Gross Receipts: $534,917
Assets and Liabilities:
- Total Assets: $678,174
- Total Liabilities: $100,248
- Net Assets: $577,926
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$275,465
SEMINARS
Revenue
$234,106
Organization Details
Founding Year
1999
Principal Officer
Shafiq Tayuree
NTEE Category
Code: S41 - Community improvement
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