Mortgage Bankers Association Of Northeastern New York is located in Latham, NY. The organization was established in 1992. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mortgage Bankers Association Of Northeastern New York is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Mortgage Bankers Association Of Northeastern New York generated $28.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $21.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
INFORMS MEMBERS ABOUT CHANGES IN FEDERAL AND STATEREGULATIONS. ORGANIZATION HOLDS MONTHLY MEETINGS TO INFORM MEMBERS ABOUTFEDERAL AND STATE BANKING REGULATIONS. ALL INCOME SOURCES SUPPORT THIS ACTIVITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elizabeth Cheney President | 5 | $0 | |
Joseph Senecal Treasurer | 5 | $0 | |
Michelle Allerton Secretary | 3 | $0 | |
Thomas Beauregard Vice President | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $4,660 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $23,370 |
Other Revenue | $0 |
Total Revenue | $28,030 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $6,375 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $14,833 |
Total expenses | $21,208 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $22,937 |
Other assets | $0 |
Total assets | $22,937 |
Total liabilities | $0 |
Net assets or fund balances | $22,937 |
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