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Nonprofiteer
← MORTGAGE BANKERS ASSOCIATION OF ARKANSAS

Form 990 for tax year 2022

Filed by MORTGAGE BANKERS ASSOCIATION OF ARKANSAS.

Totals

Total revenue
$121,085
Total expenses
$111,893
Contributions and grants received
$33,375
Grants paid
$0
Program service revenue
$87,260
Investment income
$64
Other revenue
$386
Total assets, end of year
$120,825
Total liabilities, end of year
$1,868
Net assets or fund balances, end of year
$118,957
Program services expenses (Part IX)
$85,897
Management and general expenses
$25,996
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 76.8% 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

    $33,375

  • 2a · Program service revenue: LUNCHEONS/EVENTS

    total $87,260 · related or exempt $87,260

  • 3 · Investment income

    total $64 · related or exempt $64

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $386 · related or exempt $386

  • 11e · Other revenue, total

    $386

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $19,505 · management and general $19,505

  • 11d · Fees: lobbying

    total $21,000 · program services $21,000

  • 12 · Advertising and promotion

    total $201 · program services $201

  • 13 · Office expenses

    total $63 · management and general $63

  • 17 · Travel

    total $4,590 · management and general $4,590

  • 19 · Conferences, conventions and meetings

    total $54,911 · program services $54,911

  • 23 · Insurance

    total $1,505 · program services $1,505

  • 24a · Other expenses: DUES & SUBS

    total $8,061 · program services $8,061

  • 24b · Other expenses: CREDIT CARD FEES

    total $1,625 · management and general $1,625

  • 24c · Other expenses: WEBSITE

    total $219 · program services $219

  • 24d · Other expenses: TELEPHONE

    total $160 · management and general $160

  • 24e · All other expenses

    total $53 · management and general $53

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $67,089 · end of year $79,085

  • 2 · Savings and temporary cash investments

    beginning of year $43,176 · end of year $41,740

  • 19 · Deferred revenue

    beginning of year $500 · end of year $1,500

  • 25 · Other liabilities

    end of year $368

  • 27 · Net assets without donor restrictions

    beginning of year $109,765 · end of year $118,957

Mission and programs · 2022

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.

As filed on the 2022 return.

Listed in Part VII

  • Eric Boyt

    NEA CHAPTER

    Total calculated
    $0
  • Kristine Branon

    SECRETARY/TR

    Total calculated
    $0
  • Erica Byrne

    VICE PRESIDE

    Total calculated
    $0
  • Olivia Davis

    DIRECTOR

    Total calculated
    $0
  • Amanda Eaton

    PRESIDENT

    Total calculated
    $0
  • Keith Little

    DIRECTOR

    Total calculated
    $0
  • Omar Mejia

    NWA CHAPTER

    Total calculated
    $0
  • Issac Morales

    AFFILIATE DI

    Total calculated
    $0
  • Billie Jean Morgan

    AFFILIATE DI

    Total calculated
    $0
  • David Norris

    DIRECTOR

    Total calculated
    $0
  • Lori Beth Powell

    DIRECTOR

    Total calculated
    $0
  • Scott Todd

    PAST PRESIDE

    Total calculated
    $0
  • Brandson Webb

    DIRECTOR

    Total calculated
    $0
  • Tim Wooldridge

    AFFILIATE DI

    Total calculated
    $0
  • Tery Young

    DIRECTOR

    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
2022
Filed
8 November 2023
IRS schema version
2022v5.0
Source object
202323149349305657

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