Totals
- Total revenue
- $4,026,920
- Total expenses
- $5,657,486
- Contributions and grants received
- $3,974,488
- Grants paid
- $5,598,432
- Program service revenue
- not reported
- Investment income
- not reported
- Other revenue
- not reported
- Total assets, end of year
- not reported
- Total liabilities, end of year
- not reported
- Net assets or fund balances, end of year
- not reported
- Program services expenses (Part IX)
- $5,598,432
- Management and general expenses
- $59,054
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $5,598,432
Program services were 99.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
ROBERT D BROEKSMIT
ODF DIRECTOR, MBA PRESIDENT & CEO
- Total calculated
- $2,353,669
- From this org
- $0
- From related orgs
- $2,039,610
- Other
- $314,059
- Hours/week
- 0.3 + 34.7 related
Schedule J breakdown matched by us
- Base
- $0 + $1,246,374 related
- Bonus
- $0 + $770,414 related
- Other
- $0 + $22,822 related
- Deferred
- $0 + $275,925 related
- Nontaxable benefits
- $0 + $38,134 related
- Filer's total
- $0 + $2,353,669 related
-
MARCIA M DAVIES
ODF DIRECTOR, MBA COO
- Total calculated
- $1,033,695
- From this org
- $0
- From related orgs
- $980,257
- Other
- $53,438
- Hours/week
- 0.3 + 34.7 related
Schedule J breakdown matched by us
- Base
- $0 + $630,693 related
- Bonus
- $0 + $325,500 related
- Other
- $0 + $24,064 related
- Deferred
- $0 + $25,925 related
- Nontaxable benefits
- $0 + $27,513 related
- Filer's total
- $0 + $1,033,695 related
-
DEBRA STILL
ODF CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.3
-
ANDREW BON SALLE
ODF DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
JEAN BRADLEY
ODF DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
JAMES M DEITCH
ODF DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
LAURA ESCOBAR
ODF DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
KRISTY FERCHO
ODF DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
KAREN FRATANTONI
ODF DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
CHRISTOPHER M GEORGE
ODF DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
DEBBY L JENKINS
ODF DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
MARK A JONES
ODF DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
J DAVID MOTLEY
ODF DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
KURT PFOTENHAUER
ODF DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
MATTHEW G ROCCO SR
ODF DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
LAMIA SOGHIER
ODF DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
SUSAN T STEWART
ODF DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
BRIAN F STOFFERS
ODF DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
RICHARD G THORNBERRY
ODF DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
LISA J HAYNES
ODF TREASURER
- Total calculated
- $471,102
- From this org
- $0
- From related orgs
- $414,292
- Other
- $56,810
- Hours/week
- 0.3 + 34.7 related
Schedule J breakdown matched by us
- Base
- $0 + $336,373 related
- Bonus
- $0 + $55,000 related
- Other
- $0 + $22,919 related
- Deferred
- $0 + $25,925 related
- Nontaxable benefits
- $0 + $30,885 related
- Filer's total
- $0 + $471,102 related
-
MICHAEL BRIGGS
ODF SECRETARY & GENERAL COUNSEL
- Total calculated
- $433,260
- From this org
- $0
- From related orgs
- $389,428
- Other
- $43,832
- Hours/week
- 0.3 + 34.7 related
Schedule J breakdown matched by us
- Base
- $0 + $345,864 related
- Bonus
- $0 + $40,000 related
- Other
- $0 + $3,564 related
- Deferred
- $0 + $25,925 related
- Nontaxable benefits
- $0 + $17,907 related
- Filer's total
- $0 + $433,260 related
-
DEBORAH E DUBOIS
ODF PRESIDENT
- Total calculated
- $316,062
- From this org
- $0
- From related orgs
- $277,470
- Other
- $38,592
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $0 + $256,558 related
- Bonus
- $0 + $18,500 related
- Other
- $0 + $2,412 related
- Deferred
- $0 + $22,008 related
- Nontaxable benefits
- $0 + $16,584 related
- Filer's total
- $0 + $316,062 related
-
TERESA F BETZ
ODF COO
- Total calculated
- $254,179
- From this org
- $0
- From related orgs
- $220,705
- Other
- $33,474
- Hours/week
- 18 + 17 related
Schedule J breakdown matched by us
- Base
- $0 + $199,087 related
- Bonus
- $0 + $18,700 related
- Other
- $0 + $2,918 related
- Deferred
- $0 + $17,150 related
- Nontaxable benefits
- $0 + $16,324 related
- Filer's total
- $0 + $254,179 related
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THE FILING ORGANIZATION'S TOP MANAGEMENT OFFICIAL IS COMPENSATED BY MORTGAGE BANKERS ASSOCIATION ("MBA"), A RELATED TAX-EXEMPT ORGANIZATION. THE PROCESS UNDERTAKEN BY MBA IS AS FOLLOWS: 1. REVIEW AND APPROVAL. THE COMPENSATION COMMITTEE, ON BEHALF OF THE BOARD, WILL REVIEW AND APPROVE THE COMPENSATION OF MBA'S CHIEF EMPLOYED EXECUTIVE, THE PRESIDENT, PROVIDED THAT INDIVIDUALS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. 'COMPENSATION' MEANS INITIAL SALARY, SPECIAL BENEFITS NOT GENERALLY AVAILABLE TO MBA STAFF, SALARY INCREASES AND BONUSES. 2. USE OF DATA AS TO COMPARABLE COMPENSATION. THE COMPENSATION COMMITTEE WILL REVIEW AND SET THE COMPENSATION OF THE PRESIDENT USING AS REFERENCES POINTS: (I) COMPENSATION OF ANY PREDECESSOR PRESIDENT, AND (II) READILY AVAILABLE PUBLIC DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS (FORMAL BENCHMARKING STUDIES BY OUTSIDE COMPENSATION CONSULTANTS NEED NOT BE COMMISSIONED ANNUALLY BUT MAY BE SOUGHT PERIODICALLY). 3. ASSESSMENT OR PERFORMANCE. THE COMPENSATION COMMITTEE WILL TAKE INTO ACCOUNT: (I) THE LEVEL OF ATTAINMENT OF MBA'S GOALS AND OBJECTIVES OVER THE REVIEW PERIOD, (II) THE NATURE OF THE PARTICULAR EXTERNAL AND INTERNAL CHALLENGES FACING MBA OVER THE REVIEW PERIOD, AND (III) SUCH OTHER CONSIDERATIONS AS MAY BE APPLICABLE UNDER THE PREVAILING CIRCUMSTANCES. 4. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. 5. A COMPENSATION CONSULTANT IS HIRED TO ADVISE IN THIS PROCESS.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(6) · REPRESENT THE LEGISLATIVE AND REGULATORY INTERESTS OF THE FINANCE INDUSTRY · IL
-
RESEARCH INSTITUTE FOR HOUSING AMERICA TRUST FUND
501(C)(3) · FURTHERING RESEARCH IN THE FIELD OF MORTGAGE BANKING AND REAL ESTATE FINANCE · IL
Directly controlled by MORTGAGE BANKERS ASSOCIATION
-
MORTGAGE INDUSTRY STANDARDS MAINTENANCE ORGANIZATION
501(C)(6) · DEVEOLPING, PROMOTING AND MAINTAINING VOLUNTARY ELECTRONIC COMMERCE STDS · DE
Directly controlled by MORTGAGE BANKERS ASSOCIATION
-
527 · POLITICAL ACTION COMMITTEE · DC
Directly controlled by MORTGAGE BANKERS ASSOCIATION
-
MORTGAGE ACTION ALLIANCE INCORPORATED
501(C)(6) · SUPPORT COMMON BUSINESS INTERESTS OF REAL ESTATE FINANCE INDUSTRY · DE
Directly controlled by MORTGAGE BANKERS ASSOCIATION
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202430549349301113
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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