NonprofitsMortgage Bankers Association Of Louisville Inc

Community Improvement & Capacity Building

Mortgage Bankers Association Of Louisville Inc

LEXINGTON, KY

Total revenue

$75K

Total expenses

$78K

Net assets

$69K

Grants received

EIN

610981376

Tax year

2024

Mission

The mortgage bankers association of louisville is a non-profit, volunteer organization dedicated to both the preservation and improvement of the mortgage banking industry, and dependent upon the support of the association members. Mbal is comprised of bankers, brokers, loan officers, appraisers, home inspectors, attorneys, real estate professionals, underwriters, processors, insurance agents, and other professionals involved in the business of mortgage banking and the housing market in the louisville area. Membership is open to those engaged in mortgage lending and other housing related businesses that have an office in kentucky or the following counties in southern indiana: clark, floyd, harrison, and jefferson. Mbal fosters sound ethical business practices and methods in the making, marketing, and servicing of real estate mortgage loans and to sponsor educational opportunities for industry professionals.

Financials

FY 2024

Revenue

Contributions & grants$60
Program service revenue$24K
Investment income$819
Other revenue$29K
Total revenue$75K

Expenses

Grants paid
Salaries & benefits$20K
Fundraising
Other expenses$57K
Total expenses$78K
Total assets$70K
Net assets$69K

People

10 listed

NameRoleCompensation

ASHSLEY CASSETTY

Executive Dir.

Board

$20K

10 hrs/wk

DANIEL MARLIN

PRESIDENT ELECT

Board

5 hrs/wk

MARLA GUILLAUME

PAST PRESIDENT

Board

5 hrs/wk

KAY SMITH

Secretary

Board

5 hrs/wk

Elizabeth WILLIAMS

Treasurer

Board

5 hrs/wk

TRISH DEWITT

Director

Board

5 hrs/wk

JULIE DOMIAN-ERNST

Director

Board

5 hrs/wk

MICHAEL SCHAD

Director

Board

5 hrs/wk

BARB JEFFRIES

President

Board

5 hrs/wk

JOHN CISSELL

Director

Board

5 hrs/wk

Details

EIN610981376
NTEE codeS41
Subsection06
Ruling date2015-07
MORTGAGE BANKERS ASSOCIATION OF LOUISVILLE INC — Mission, Financials & Grants Received | Grantivo