New Mexico Mortgage Lenders Association
- Assets
- $267.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 10/1990
- Data as of
- 12/2022
- EIN
- 85-0385223
Organization Overview
New Mexico Mortgage Lenders Association is located in Albuquerque, NM. The organization was established in 1990. 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. New Mexico Mortgage Lenders Association 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 12/2022, New Mexico Mortgage Lenders Association generated $158.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $107.8k during the year ending 12/2022. While expenses have increased by 9.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL AND INFORMATIONAL CONFERENCES AND MONTHLY MEETINGS WITH SPEAKERS ATTENDED BY 50 TO 80 PEOPLE PER MEETING. SAFE CERTIFICATION TRAINING PROGRAM
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Muxworthy Treasurer | 5 | $0 | |
Sheryl Kassetas President | 2 | $0 | |
Theresa Casetllano Secretary, Exec VP | 15 | $20,500 | |
Zachary Wade Immediate Past President | 2 | $0 | |
David Garcia Vice President | 2 | $0 | |
Daryl Custer Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $88,260 |
| Membership dues | $28,257 |
| Investment income | $212 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $41,424 |
| Other Revenue | $0 |
| Total Revenue | $158,153 |
| 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 | $24,495 |
| Occupancy, rent, utilities, and maintenance | $246 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $83,011 |
| Total expenses | $107,752 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,217 |
| Other assets | $0 |
| Total assets | $267,546 |
| Total liabilities | $0 |
| Net assets or fund balances | $267,546 |