Arizona Mortgage Bankers Assoc
- Assets
- $114.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Peoria, AZ
- Founding
- 04/1982
- Data as of
- 12/2023
- EIN
- 94-2811776
Organization Overview
Arizona Mortgage Bankers Assoc is located in Peoria, AZ. The organization was established in 1982. 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. Arizona Mortgage Bankers Assoc 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 12/2023, Arizona Mortgage Bankers Assoc generated $177.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $221.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 9 years. 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
2023
Describe the Organization's Program Activity:
Part 3
LEADERSHIP AND EDUCATION PROGRAM RAISED REVENUE THROUGH CONVENTIONS, LUNCHEONS, EDUCATION AND VARIOUS OTHER ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Hill Executive Dir. | 40 | $72,996 | |
Lisa Brown Member | 1 | $0 | |
Eric Kilstrom VP - Networking | 1 | $0 | |
Sherry Olsen VP - Education | 1 | $0 | |
Amy Nash Member | 1 | $0 | |
Lindsay Freudenberg Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,390 |
| Total Program Service Revenue | $127,717 |
| Membership dues | $0 |
| Investment income | $25 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $868 |
| Total Revenue | $177,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $79,646 |
| Professional fees and other payments to independent contractors | $69,392 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $72,816 |
| Total expenses | $221,854 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,937 |
| Other assets | $0 |
| Total assets | $114,762 |
| Total liabilities | $0 |
| Net assets or fund balances | $114,762 |