Mortgage Bankers Association Of Hawaii
- Assets
- $121.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 06/1999
- Data as of
- 12/2021
- EIN
- 99-0340616
Organization Overview
Mortgage Bankers Association Of Hawaii is located in Honolulu, HI. The organization was established in 1999. 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 Hawaii 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 Hawaii generated $45.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $45.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
ENCOURAGE AMONG ITS MEMBERS SOUND AND ETHICAL BUSINESS PRACTICES AND METHODS IN THE MAKING, MARKETING AND SERVICING OF REAL ESTATE MORTGAGE LOANS THROUGH EDUCATIONAL CONFERENCES AND SEMINARS. APPROXIMATELY 300 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pete Castillejos Immediate Past President | 1 | $0 | |
Daren Kimura President | 3 | $0 | |
Jennifer Coutts Vice President | 1 | $0 | |
Patsy Saiki Secretary | 5 | $0 | |
Lisa Tarumoto Treasurer | 3 | $0 | |
Anders Hostelley Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $33,713 |
| Membership dues | $11,563 |
| Investment income | $207 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,483 |
| 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 | $15,707 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,249 |
| Total expenses | $44,956 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,732 |
| Other assets | $0 |
| Total assets | $121,732 |
| Total liabilities | $0 |
| Net assets or fund balances | $121,732 |