Cause IQ organization profile

Mortgage Bankers Association (MBA)

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

MBA is a trade / professional association based in Washington, DC that was founded in 1914. As of 2018 they had $65 million in revenue and $101 million in assets.

Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country.

EIN:
36-1505650
City:
State:
Metro:
Website:
Phone:
(202) 557-2700
Facebook:
Twitter:
Founded:
1914
Type:
501(c)(6)
NTEE:
Revenue:
$65,076,554
Assets:
$101,788,531
Employees:
169
Fiscal year end:
September
Revenue trends:
Asset trends:

Program areas at MBA

Meetings & conferencesmba's fiscal year 2018, ending september 30, 2018, saw more than 18,484 individual attendees at 19 conferences and meetings that provided attendees with timely information about the economy, business trends, technological innovation and legislative and regulatory changes and prospects. Mba conducted a successful annual convention in october 2017 in denver with 4,650 attendees. The cref/multifamily housing convention & expo was held in february 2018 in san diego with 3,300 attendees. Sponsorship and booth sales remained strong at the mba meetings with 504 companies exhibiting their products and services.in addition to the large annual convention expected from a major Association, mba hosts 4 additional large conferences and expos each year as well as 14 more finely focused special interest conferences. The five large gatherings are the annual convention & expo, commercial real estate finance/multifamily housing convention & expo, national Mortgage servicing conference & expo, technology solutions conference & expo ...

Educationmba education provided training to approximately 12,000 real estate finance professionals during the fiscal year ending september 30, 2018. The training to these individuals was delivered through roughly 400 program offerings consisting of both live and self-paced courses. Student can access training through a mix of classroom courses and workshops, webinars and webinar recordings, resource guides, certification and designation programs, instructor-guided online courses, and web-based self-study courses. The courses cover both the single family/residential and commercial/multifamily real estate finance industries, with content ranging from introductory to advanced concepts. The largest and most time intensive offering is the school of Mortgage banking (somb), which includes three distinct four-day classroom courses delivered several times a year in cities across the country. In this fiscal year, the department trained 1,209 student through 44 somb offerings. In may 2018, mba education also launched a new certification program for single family compliance professionals, called the ...

Advocacy for members and the industrymba continues to be the leading advocate for the entire real estate finance industry both in Washington, dc and in state capitals. In 2018, the Association provided thought leadership on a variety of public policy issues, including proposals for both administrative and legislative gse reform, a white paper on the role of independent Mortgage banks in the housing finance market, and a detailed roadmap for the cfpb to combat "regulation by enforcement." Our legislative accomplishments included providing testimony on capitol hill before the house financial services and senate banking committees, enactment of several industry priorities (both residential and commercial/multifamily) to modernize requests for borrower documentation and streamline timelines for federally insured loans, and education and advocacy on a wide variety of other real estate finance issues. With regard to regulatory achievements, mba submitted comment letters and provided guidance and substantive recommendations throughout the year to ...

Form 990s for MBA

Fiscal year endingDate received by IRSFormPDF link
2018-09Oct 12, 2019990View PDF
2017-09Oct 16, 2018990View PDF
2016-09Nov 2, 2017990OView PDF
2015-09Apr 18, 2017990OView PDF
2014-09Sep 21, 2015990OView PDF
...and five more Form 990 PDFs

Financials for MBA

Field2018
Total grants, contributions, etc.$100,000
Program services$62,580,076
Investment income and dividends$1,239,861
Tax-exempt bond proceeds$0
Royalty revenue$521,182
Net rental income$0
Net gain from sale of non-inventory assets$467,241
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$168,194
Total revenues$65,076,554

Vendors for MBA

VendorServicesAmount paidDate
BNY Mellon2019-12-31
██ ██████ █████2019-12-31
██████████████████ ███Audit accounting2019-12-31
███████2019-12-31
█████████2019-12-31
████████ ███████ ███████████2019-12-31
███ ██████████ ██████████2019-12-31
█████ █████2019-12-31
...and 15 more vendors

Personnel at MBA

NameTitleCompensationMost recent data
Robert D. BroeksmitPresident and Chief Executive Officer-Jan. 10, 2019
Marcia DaviesChief Operating Officer$812,794July 12, 2019
██████ ████Vice President, Chief Financial Officer$65,287Jan. 15, 2019
████ █ ██████Chief Financial Officer$224,079Oct. 4, 2019
█████ ██ █████Chief Information Officer and Senior Vice President , Strategy and Member Services$366,575May 29, 2019
███████ ████Vice President of Marketing and Design-May 29, 2019
████ █████Senior Vice President Residential Policy and Member Engagement-May 29, 2019
██████ ████Vice President of Residential Policy and Member Engagement-May 29, 2019
██████ █████████Vice President , Membership Engagement$349,220May 29, 2019
████ ███████Senior Vice President for Legislative and Political Affairs-May 29, 2019
...and 22 more key personnel

Peer trade / professional associations and chambers of commerce

 NameTypeRevenueLocation
1American Fuel and Petrochemical Manufacturers (AFPM)501(c)(6)$43 millionWashington, DC
2Pharmaceutical Care Management Association (PCMA)501(c)(6)$28 millionWashington, DC
3United State Travel Association501(c)(6)$33 millionWashington, DC
4Association for Accessible Medicines (GPhA)501(c)(6)$26 millionWashington, DC
5American Insurance Association501(c)(6)$18 millionWashington, DC
6National Confectioners Association (NCA)501(c)(6)$20 millionWashington, DC
7Recording Industry Association of America (RIAA)501(c)(6)$29 millionWashington, DC
8American Council of Engineering Companies (ACEC)501(c)(6)$16 millionWashington, DC
9Entertainment Software Association (ESA)501(c)(6)$36 millionWashington, DC
10National Business Aviation Association (NBAA)501(c)(6)$47 millionWashington, DC
11Alliance of Automobile Manufacturers501(c)(6)$34 millionWashington, DC
12American Land Title Association (ALTA)501(c)(6)$17 millionWashington, DC
13Advanced Medical Technology Association (AdvaMed)501(c)(6)$41 millionWashington, DC
14Consumer Healthcare Products Association (CHPA)501(c)(6)$24 millionWashington, DC
15Airports Council International - North America (ACI-NA)501(c)(6)$17 millionWashington, DC
16Managed Funds Association (MFA)501(c)(6)$21 millionWashington, DC
17United States Chamber of Commerce (USCC)501(c)(6)$167 millionWashington, DC
18Association of American Railroads (AAR)501(c)(6)$53 millionWashington, DC
19American Petroleum Institute (API)501(c)(6)$234 millionWashington, DC
20American Council of Life Insurers (ACLI)501(c)(6)$46 millionWashington, DC
21National Retail Federation (NRF)501(c)(6)$56 millionWashington, DC
22Personal Care Products Council501(c)(6)$19 millionWashington, DC
23CropLife America501(c)(6)$16 millionWashington, DC
24Retail Industry Leaders Association (RILA)501(c)(6)$19 millionWashington, DC
25Ncta - The Internet and Television Association (NCTA)501(c)(6)$65 millionWashington, DC