Overview

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Est.

1914

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

The Mortgage Bankers Association (EIN: 36-1505650) is a nonprofit organization focused on education, research, and advocacy within the mortgage banking industry. With an operating budget of $61.5 million and total revenue of $59.7 million for the 2024 filing year, the organization engages in various activities to support its mission. The association does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base. For more information, visit their website at www.mba.org.

Mission Statement

MBA'S PRINCIPAL ACTIVITIES ARE INDUSTRY, EDUCATION, RESEARCH, AND ADVOCACY.
Revenues
$59.7M
Expenses
$62M
Net Income:
-$2.3M
Assets
$174.1M
Liabilities
$51.5M
Net Assets:
+$122.6M
Operating Budget
$61.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$125K
Largest grant received
$125K
R
Robert D Broeksmit
Board Member
L
Laura Escobar
Board Member
C
Christine R Chandler
Board Member

Frequently Asked Questions

What is MORTGAGE BANKERS ASSOCIATION’s budget?
In 2024, MORTGAGE BANKERS ASSOCIATION reported an annual operating budget of around $61.5 million. More detailed financial information is available to registered users.
What causes does MORTGAGE BANKERS ASSOCIATION support?
MORTGAGE BANKERS ASSOCIATION supports work in Education and Unknown or not classified.
Where does MORTGAGE BANKERS ASSOCIATION operate?
MORTGAGE BANKERS ASSOCIATION is headquartered in Washington, DC.
Who funded MORTGAGE BANKERS ASSOCIATION recently?
In 2024, MORTGAGE BANKERS ASSOCIATION received grants from RESEARCH INSTITUTE FOR HOUSING AMERICA TRUST FUND, Philadelphia Hospitality Investment Levy, and RESEARCH INSTITUTE FOR HOUSING AMERICA TRUST FUND. More information on this organization’s funders is available to registered users.
What is the largest grant MORTGAGE BANKERS ASSOCIATION received in 2024?
The largest grant to MORTGAGE BANKERS ASSOCIATION in 2024 exceeds $125 thousand.