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Employer Identification Number 63-6049593

MORTGAGE BANKERS ASSOCIATION OF ALABAMA is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:MORTGAGE BANKERS ASSOCIATION OF ALABAMA
Employer identification number (EIN):63-6049593
EIN TypeTrusts, Estates, and Non-Profit/Exempt Organizations under the Tax Equity and Fiscal Responsibility Act (TEFRA)
EIN Issuing AuthorityPhiladelphia, PA
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTHE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO ENCOURAGE SOUND ETHICAL BUSINESS PRACTICES, INFORM MEMBERS OF CHANGES IN LAWS AND REGULATIONS AFFECTING THE MORTGAGE BANKING BUSINESS, AND PROVIDE EDUCATIONAL PROGRAMS TO PROMOTE PROFESSIONALISM WITHIN THE INDUSTRY.
Number of Employees1
Number of Volunteers50
Year Formed1929

Organization Governance

Legal DomicileAL
Voting Members - Governing Body10
Voting Members - Independent10

Organization Financials

2023-05-31
Gross receipts from all sourcesUSD $ 99,057
Net assets / fund balances at end of fiscal yearUSD $ 89,573
Net assets / fund balances at beginning of fiscal yearUSD $ 92,337
Total revenueUSD $ 99,057
Fees and other payments to independent contractorsUSD $ 59,698
Total of all other expensesUSD $ 42,123
Total of all expensesUSD $ 101,821
Net assets or fund balances at end of yearUSD $ -2,764
Revenue from membership duesUSD $ 20,350
2022-05-31
Gross receipts from all sourcesUSD $ 116,789
Net assets / fund balances at end of fiscal yearUSD $ 92,337
Net assets / fund balances at beginning of fiscal yearUSD $ 91,805
Contributions, Grants, Gifts etc from current yearUSD $ 7,200
Total revenueUSD $ 116,789
Fees and other payments to independent contractorsUSD $ 72,064
Total of all other expensesUSD $ 44,193
Total of all expensesUSD $ 116,257
Net assets or fund balances at end of yearUSD $ 532
Revenue from membership duesUSD $ 24,825
Total of other revenueUSD $ 460
2021-05-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 103,695
Program Service Revenue from current yearUSD $ 66,000
Investment Income from prior yearUSD $ 4
Investment Income from current yearUSD $ 34
Other Revenue from prior yearUSD $ 7,845
Other Revenue from current yearUSD $ 68
Gross receipts from all sourcesUSD $ 113,352
Net assets / fund balances at end of fiscal yearUSD $ 91,805
Net assets / fund balances at beginning of fiscal yearUSD $ 75,255
Total liabilities at end of fiscal yearUSD $ 7,200
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 99,005
Total assets at beginning of fiscal yearUSD $ 75,255
Revenues less expenses for current yearUSD $ 16,550
Revenues less expenses for previous yearUSD $ -22,366
Total expenses for current yearUSD $ 96,802
Total expenses for previous yearUSD $ 208,635
Other expenses in current yearUSD $ 73,561
Other expenses in previous yearUSD $ 162,358
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 21,741
Employee salary and benefits paid in previous yearUSD $ 40,426
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,500
Grants and similar amounts paid in previous yearUSD $ 5,851
Total revenue in current fiscal yearUSD $ 113,352
Total revenue in previous fiscal yearUSD $ 186,269
Contributions and grants from current yearUSD $ 47,250
Contributions and grants from previous yearUSD $ 74,725
Revenue from membership duesUSD $ 33,975
Total of other revenueUSD $ 68
2020-05-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 172,952
Program Service Revenue from current yearUSD $ 103,695
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 4
Other Revenue from prior yearUSD $ 1,816
Other Revenue from current yearUSD $ 7,845
Gross receipts from all sourcesUSD $ 186,269
Net assets / fund balances at end of fiscal yearUSD $ 75,255
Net assets / fund balances at beginning of fiscal yearUSD $ 97,621
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 75,255
Total assets at beginning of fiscal yearUSD $ 97,621
Revenues less expenses for current yearUSD $ -22,366
Revenues less expenses for previous yearUSD $ -47,730
Total expenses for current yearUSD $ 208,635
Total expenses for previous yearUSD $ 268,823
Other expenses in current yearUSD $ 162,358
Other expenses in previous yearUSD $ 219,311
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 40,426
Employee salary and benefits paid in previous yearUSD $ 39,222
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 5,851
Grants and similar amounts paid in previous yearUSD $ 10,290
Total revenue in current fiscal yearUSD $ 186,269
Total revenue in previous fiscal yearUSD $ 221,093
Contributions and grants from current yearUSD $ 74,725
Contributions and grants from previous yearUSD $ 46,325
Revenue from membership duesUSD $ 74,725
Total of other revenueUSD $ 7,845
2019-05-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 153,448
Program Service Revenue from current yearUSD $ 172,952
Investment Income from prior yearUSD $ 39
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 9,360
Other Revenue from current yearUSD $ 1,816
Gross receipts from all sourcesUSD $ 221,093
Net assets / fund balances at end of fiscal yearUSD $ 97,621
Net assets / fund balances at beginning of fiscal yearUSD $ 145,351
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 97,621
Total assets at beginning of fiscal yearUSD $ 145,351
Revenues less expenses for current yearUSD $ -47,730
Revenues less expenses for previous yearUSD $ -30,121
Total expenses for current yearUSD $ 268,823
Total expenses for previous yearUSD $ 234,993
Other expenses in current yearUSD $ 219,311
Other expenses in previous yearUSD $ 195,631
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 39,222
Employee salary and benefits paid in previous yearUSD $ 33,062
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 10,290
Grants and similar amounts paid in previous yearUSD $ 6,300
Total revenue in current fiscal yearUSD $ 221,093
Total revenue in previous fiscal yearUSD $ 204,872
Contributions and grants from current yearUSD $ 46,325
Contributions and grants from previous yearUSD $ 42,025
Revenue from membership duesUSD $ 46,325
Total of other revenueUSD $ 1,816
2018-05-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 179,641
Program Service Revenue from current yearUSD $ 153,448
Investment Income from prior yearUSD $ 61
Investment Income from current yearUSD $ 39
Other Revenue from prior yearUSD $ 6,302
Other Revenue from current yearUSD $ 9,360
Gross receipts from all sourcesUSD $ 204,872
Net assets / fund balances at end of fiscal yearUSD $ 145,351
Net assets / fund balances at beginning of fiscal yearUSD $ 175,472
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 145,351
Total assets at beginning of fiscal yearUSD $ 175,472
Revenues less expenses for current yearUSD $ -30,121
Revenues less expenses for previous yearUSD $ -40,293
Total expenses for current yearUSD $ 234,993
Total expenses for previous yearUSD $ 257,372
Other expenses in current yearUSD $ 195,631
Other expenses in previous yearUSD $ 212,603
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 33,062
Employee salary and benefits paid in previous yearUSD $ 34,955
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 6,300
Grants and similar amounts paid in previous yearUSD $ 9,814
Total revenue in current fiscal yearUSD $ 204,872
Total revenue in previous fiscal yearUSD $ 217,079
Contributions and grants from current yearUSD $ 42,025
Contributions and grants from previous yearUSD $ 31,075
Revenue from membership duesUSD $ 42,025
Total of other revenueUSD $ 9,360
2017-05-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 154,459
Program Service Revenue from current yearUSD $ 179,641
Investment Income from prior yearUSD $ 106
Investment Income from current yearUSD $ 61
Other Revenue from prior yearUSD $ 26,925
Other Revenue from current yearUSD $ 6,302
Gross receipts from all sourcesUSD $ 217,079
Net assets / fund balances at end of fiscal yearUSD $ 175,472
Net assets / fund balances at beginning of fiscal yearUSD $ 215,765
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 985
Total assets at end of fiscal yearUSD $ 175,472
Total assets at beginning of fiscal yearUSD $ 216,750
Revenues less expenses for current yearUSD $ -40,293
Revenues less expenses for previous yearUSD $ 12,184
Total expenses for current yearUSD $ 257,372
Total expenses for previous yearUSD $ 171,567
Other expenses in current yearUSD $ 212,603
Other expenses in previous yearUSD $ 122,675
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 2,100
Employee salary and benefits paid in current yearUSD $ 34,955
Employee salary and benefits paid in previous yearUSD $ 36,017
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 9,814
Grants and similar amounts paid in previous yearUSD $ 10,775
Total revenue in current fiscal yearUSD $ 217,079
Total revenue in previous fiscal yearUSD $ 183,751
Contributions and grants from current yearUSD $ 31,075
Contributions and grants from previous yearUSD $ 2,261
Revenue from membership duesUSD $ 31,075
Total of other revenueUSD $ 6,302
2016-05-31
Gross receipts from all sourcesUSD $ 183,751
Net assets / fund balances at end of fiscal yearUSD $ 215,765
Net assets / fund balances at beginning of fiscal yearUSD $ 203,581
Contributions, Grants, Gifts etc from current yearUSD $ 2,261
Total revenueUSD $ 183,751
Grants and similar amounts paidUSD $ 10,775
Employees salaries and other compensation and benefitsUSD $ 36,017
Fees and other payments to independent contractorsUSD $ 2,100
Total of all other expensesUSD $ 121,477
Total of all expensesUSD $ 171,567
Net assets or fund balances at end of yearUSD $ 12,184
Revenue from membership duesUSD $ 26,925
2015-05-31
Gross receipts from all sourcesUSD $ 190,652
Net assets / fund balances at end of fiscal yearUSD $ 203,581
Net assets / fund balances at beginning of fiscal yearUSD $ 148,568
Contributions, Grants, Gifts etc from current yearUSD $ 250
Total revenueUSD $ 190,652
Grants and similar amounts paidUSD $ 9,793
Employees salaries and other compensation and benefitsUSD $ 27,705
Fees and other payments to independent contractorsUSD $ 8,345
Total of all other expensesUSD $ 89,172
Total of all expensesUSD $ 135,639
Net assets or fund balances at end of yearUSD $ 55,013
Revenue from membership duesUSD $ 37,350

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 636049593

USA Mailing Address
PO BOX 230425
MONTGOMERY
AL
36123
Date first seen: 2011-01-01
Date last seen: 2024-09-30
USA Mailing Address
445 DEXTER AVENUE
MONTGOMERY
AL
36104
Date first seen: 2007-01-01
Date last seen: 2024-09-30

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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