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← MORTGAGE BANKERS ASSOCIATION OF ARKANSAS

Form 990 for tax year 2024

Filed by MORTGAGE BANKERS ASSOCIATION OF ARKANSAS.

Totals

Total revenue
$104,148
Total expenses
$137,176
Contributions and grants received
$33,083
Grants paid
$0
Program service revenue
$67,023
Investment income
$986
Other revenue
$3,056
Total assets, end of year
$45,918
Total liabilities, end of year
$2,400
Net assets or fund balances, end of year
$43,518
Program services expenses (Part IX)
$132,981
Management and general expenses
$4,195
Fundraising expenses
$0
Program service expenses (Part III)
$132,981

Program services were 96.9% 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

    $33,083

  • 2a · Program service revenue: CONFERENCE INCOME

    total $56,578 · related or exempt $56,578

  • 2b · Program service revenue: LUNCHEONS/EVENTS

    total $9,125 · related or exempt $9,125

  • 2c · Program service revenue: TRAINING/SEMINARS

    total $1,320 · related or exempt $1,320

  • 3 · Investment income

    total $986 · related or exempt $986

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $3,056 · related or exempt $3,056

  • 11e · Other revenue, total

    $3,056

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $33,820 · program services $33,820

  • 11c · Fees: accounting

    total $435 · management and general $435

  • 11d · Fees: lobbying

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

  • 12 · Advertising and promotion

    total $2,064 · program services $2,064

  • 13 · Office expenses

    total $86 · management and general $86

  • 19 · Conferences, conventions and meetings

    total $18,757 · program services $18,757

  • 23 · Insurance

    total $2,483 · program services $2,483

  • 24a · Other expenses: EVENT EXPENSE

    total $44,497 · program services $44,497

  • 24b · Other expenses: CREDIT CARD FEES

    total $3,256 · management and general $3,256

  • 24c · Other expenses: DUES & SUBS

    total $1,100 · program services $1,100

  • 24d · Other expenses: MISCELLANEOUS

    total $333 · management and general $333

  • 24e · All other expenses

    total $345 · program services $260 · management and general $85

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $77,046 · end of year $45,918

  • 19 · Deferred revenue

    beginning of year $500 · end of year $2,400

  • 27 · Net assets without donor restrictions

    beginning of year $76,546 · end of year $43,518

Mission and programs · 2024

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 $132,981

As filed on the 2024 return.

Listed in Part VII

  • Christy Beagle

    DIRECTOR

    Total calculated
    $0
  • Christine Benson

    GOVERNOR

    Total calculated
    $0
  • Kristine Branon

    PRESIDENT

    Total calculated
    $0
  • Sooky Brigance

    DIRECTOR

    Total calculated
    $0
  • Ginger Burton

    AFFILIATE DI

    Total calculated
    $0
  • Erica Byrne

    PAST PRESIDE

    Total calculated
    $0
  • Caitlin Guerra

    VP OF MANAGE

    Total calculated
    $0
  • Keith Little

    GOVERNOR

    Total calculated
    $0
  • Omar Mejia

    DIRECTOR

    Total calculated
    $0
  • Issac Morales

    SECRETARY/TR

    Total calculated
    $0
  • David Norris

    DIRECTOR

    Total calculated
    $0
  • Jennifer Scarbrough

    DIRECTOR

    Total calculated
    $0
  • Drew Stoner

    DIRECTOR

    Total calculated
    $0
  • Scott Todd

    GOVERNOR

    Total calculated
    $0
  • Brandson Webb

    DIRECTOR

    Total calculated
    $0
  • Todd White

    GOVERNOR

    Total calculated
    $0
  • Thomas Williams

    DIRECTOR

    Total calculated
    $0
  • Tery Young

    VICE PRESIDE

    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
2024
Filed
14 March 2025
IRS schema version
2024v5.0
Source object
202501269349302950

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