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← MORTGAGE BANKERS ASSOCIATION OF ARKANSAS

Form 990 for tax year 2025

Filed by MORTGAGE BANKERS ASSOCIATION OF ARKANSAS.

Totals

Total revenue
$92,215
Total expenses
$108,197
Contributions and grants received
$33,150
Grants paid
$0
Program service revenue
$53,639
Investment income
$426
Other revenue
$5,000
Total assets, end of year
$28,736
Total liabilities, end of year
$1,200
Net assets or fund balances, end of year
$27,536
Program services expenses (Part IX)
$103,661
Management and general expenses
$4,536
Fundraising expenses
$0
Program service expenses (Part III)
$103,661

Program services were 95.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $33,150

  • 2a · Program service revenue: LUNCHEON EVENTS

    total $45,918 · related or exempt $45,918

  • 2b · Program service revenue: FUTURE LEADERS

    total $5,185 · related or exempt $5,185

  • 2c · Program service revenue: CONFERENCE INCOME

    total $2,536 · related or exempt $2,536

  • 3 · Investment income

    total $426 · related or exempt $426

  • 11a · Other revenue: ADVOCACY SPONSOR

    total $5,000 · related or exempt $5,000

  • 11e · Other revenue, total

    $5,000

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $30,125 · program services $30,125

  • 11c · Fees: accounting

    total $467 · management and general $467

  • 11d · Fees: lobbying

    total $30,000 · program services $30,000

  • 12 · Advertising and promotion

    total $692 · program services $692

  • 13 · Office expenses

    total $26 · management and general $26

  • 17 · Travel

    total $1,197 · management and general $1,197

  • 19 · Conferences, conventions and meetings

    total $7,711 · program services $7,711

  • 23 · Insurance

    total $2,663 · program services $2,663

  • 24a · Other expenses: EVENT EXPENSE

    total $21,043 · program services $21,043

  • 24b · Other expenses: BOARD RETREAT

    total $4,815 · program services $4,815

  • 24c · Other expenses: FUTURE LEADERS

    total $3,014 · program services $3,014

  • 24d · Other expenses: CREDIT CARD FEES

    total $2,680 · management and general $2,680

  • 24e · All other expenses

    total $3,764 · program services $3,598 · management and general $166

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $45,918 · end of year $28,736

  • 19 · Deferred revenue

    beginning of year $2,400 · end of year $1,200

  • 27 · Net assets without donor restrictions

    beginning of year $43,518 · end of year $27,536

Mission and programs · 2025

Mission

TO PROMOTE MORTGAGE BANKING IN ARKANSAS

  • CONFERENCE AND MEETINGS ARE HELD TO DISCUSS ISSUES RELEVANT TO THE MORTGAGE BANKING INDUSTRY IN ARKANSAS AND TO DISCOVER WAYS TO PROMOTE THE INDUSTRY.

    Expenses $103,661

As filed on the 2025 return.

Listed in Part VII

  • Christy Beagle

    DIRECTOR

    Total calculated
    $0
  • Kortni Beene

    DIRECTOR

    Total calculated
    $0
  • Kristine Branon

    PAST PRESIDE

    Total calculated
    $0
  • Erica Byrne

    PAST LEGIS C

    Total calculated
    $0
  • Austin Carter

    DIRECTOR

    Total calculated
    $0
  • Bucky Houser

    GOVERNOR

    Total calculated
    $0
  • Katherine Lyons

    SEC/TREAS

    Total calculated
    $0
  • Omar Mejia

    DIRECTOR

    Total calculated
    $0
  • Issac Morales

    VICE PRESIDE

    Total calculated
    $0
  • David Norris

    LEGISLATIVE

    Total calculated
    $0
  • Greg Ramer

    GOVERNOR

    Total calculated
    $0
  • Jennifer Scarbrough

    DIRECTOR

    Total calculated
    $0
  • Katey Scott

    DIRECTOR

    Total calculated
    $0
  • David Shoptaw

    AFFILIATE DI

    Total calculated
    $0
  • Drew Stoner

    VICE LEGIS C

    Total calculated
    $0
  • Teryse Young

    PRESIDENT

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2025
Filed
17 June 2026
IRS schema version
2025v4.0
Source object
202631989349301238

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