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Mortgage Bankers Association Of Hawaii

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

EIN: 990340616 ✦ Honolulu, HI ✦ Designated as a 501(c)(6)

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Overview

What is Mortgage Bankers Association Of Hawaii?

The Mortgage Bankers Association of Hawaii is a nonprofit organization, serving around 300 members, that promotes responsible and ethical practices in the mortgage industry. Their primary focus lies in the origination, promotion, and management of real estate loans. They achieve this goal by organizing educational conferences and seminars, fostering a business league among its members. The association aims to uphold high standards and professionalism in the mortgage sector, contributing to a stable and secure real estate market in Hawaii.


Official website here: www.mbahawaii.org

Is Mortgage Bankers Association Of Hawaii legitimate?

Mortgage Bankers Association Of Hawaii is a legitimate nonprofit organization registered as a 501(c)(6) entity. Mortgage Bankers Association Of Hawaii 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.mbahawaii.org

What is the mission statement of Mortgage Bankers Association Of Hawaii?

The Mortgage Bankers Association of Hawaii aims to foster among its members responsible and ethical business practices in the realm of real estate mortgage loans. They achieve this objective by organizing educational conferences and seminars. The association boasts a membership of around 300 individuals, with the number varying slightly over the years, ranging from approximately 244 to 304 members. Essentially, the Mortgage Bankers Association of Hawaii serves as a business league that upholds ethical standards in the mortgage industry through educational events.


Official website here: www.mbahawaii.org

Who is the CEO of Mortgage Bankers Association Of Hawaii?

Daren Kimura is the President of Mortgage Bankers Association Of Hawaii.


Official website here: www.mbahawaii.org

What is the revenue of Mortgage Bankers Association Of Hawaii?

Mortgage Bankers Association Of Hawaii's revenue in 2021 was $45,483.


Official website here: www.mbahawaii.org

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


Here are 12 key members and their salaries:


Pete Castillejos (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daren Kimura (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Coutts (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patsy Saiki (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Tarumoto (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anders Hostelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Kim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackye Chai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Martinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Tasaki (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Nakamura (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark James (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mbahawaii.org

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

Mortgage Bankers Association Of Hawaii's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.mbahawaii.org

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

Mission Statement of Mortgage Bankers Association Of Hawaii

The Mortgage Bankers Association of Hawaii, a membership-based organization, is committed to promoting sound and ethical business practices in the realm of real estate mortgage loans. This is achieved through the conduct of educational conferences and seminars. With approximately 300 members, the association serves as a business league, fostering a culture of integrity and professionalism in the mortgage industry. The association's mission aims to guide its members in the responsible creation, promotion, and maintenance of mortgage loans, thereby contributing to a stable and ethical real estate market.

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Impact




October, 2024

The Mortgage Bankers Association of Hawaii plays a vital role in fostering sound and ethical business practices within the real estate mortgage industry across the state. By providing opportunities for education through conferences and seminars, the association equips its approximately 300 members with the knowledge and tools necessary to navigate the complexities of mortgage lending.

Through its initiatives, the association promotes high standards in the making, marketing, and servicing of mortgage loans, ultimately enhancing the quality of service provided to consumers. This commitment not only helps industry professionals stay informed about best practices and regulatory changes but also contributes to the overall health of the housing market in Hawaii.

Additionally, the Mortgage Bankers Association of Hawaii serves as a business league that strengthens connections among mortgage bankers, facilitating collaboration and knowledge-sharing that benefits the entire community. By focusing on ethical business practices, the association positively impacts homebuyers, homeowners, and the broader community, driving improvements in the local real estate landscape.




This information is meant to be a general summary of Mortgage Bankers Association Of Hawaii. 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
$45,483 (2021)
Expenses
$44,956 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $207
  • Program Service Revenue: $33,713
  • Gross Receipts: $45,483

Assets and Liabilities:

  • Total Assets: $121,732
  • Total Liabilities: $0
  • Net Assets: $121,732

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Organization Details

Principal Officer

Daren Kimura

Main Address

1164 BISHOP STREET SUITE 710, HONOLULU, HI, 96813

NTEE Category

Code: S41 - Community improvement

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