MORTGAGE BANKERS ASSOCIATION Charity Report

Public IRS 990 nonprofit record

MORTGAGE BANKERS ASSOCIATION

EIN 36-1505650 · Unknown (Z99)

What they do

THE MORTGAGE BANKERS ASSOCIATION (MBA) is THE NATIONAL ASSOCIATION REPRESENTING THE REAL ESTATE FINANCE INDUSTRY, AN INDUSTRY THAT EMPLOYS MORE THAN 280,000 PEOPLE IN VIRTUALLY EVERY COMMUNITY IN THE COUNTRY. HEADQUARTERED IN WASHINGTON, D.C., MBA INVESTS IN COMMUNITIES

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Easy charity check

We do not have enough spending detail

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Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders55 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$100.28spent for every $100 of revenueSpending was higher than revenue this year.

$2.88in assets for every $1 spent this yearSome assets cannot be spent right away.

0.1%of its money came from giftsOther money may come from services or investments.

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What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $171,497 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $2,216,614 for ROBERT D BROEKSMIT (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$61,785,785

Expenses$61,957,282

Annual shortfall $171,497 Expenses were higher than revenue for this filing year.

See all reported dollar amounts

Revenue$61,785,785

Expenses$61,957,282

Assets$178,379,827

Income$91,193,605

Contributions$83,183

Grants given$4,698,700

Average grant$28,477

Stocks and bonds$134,732,556

Accounting fees$96,462

Investing fees$375,403

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ROBERT D BROEKSMITPRESIDENT & CEO · 35 hrs/week $2,216,614Base $2,009,201 · Other $207,413

MARCIA M DAVIESCHIEF OPERATING OFFICER · 35 hrs/week $955,446Base $899,080 · Other $56,366

GORDON R MILLSSVP, RES. POLICY & MEMBER ENGAGEMENT · 35 hrs/week $709,641Base $644,117 · Other $65,524

WILLIAM P KILLMERSVP, LEGISLATIVE & POLITIC · 35 hrs/week $673,738Base $615,968 · Other $57,770

MICHAEL P FLOODSVP, CREF & MULTIFAMILY · 35 hrs/week $562,074Base $496,550 · Other $65,524

PETER J GRACECIO/SVP, STRATEGY & MEMBER · 35 hrs/week $523,574Base $458,050 · Other $65,524

MICHAEL C FRATANONICHIEF ECON./SVP OF RESR. & · 32 hrs/week $510,267Base $486,424 · Other $23,843

LISA J HAYNESSVP, CFO & CHIEF DIV. & IN · 34 hrs/week $497,269Base $439,618 · Other $57,651

STEPHEN OCONNORSVP, AFFORDABLE HOUSING INITIATIVES · 35 hrs/week $494,034Base $429,164 · Other $64,870

MICHAEL W BRIGGSSVP & GENERAL COUNSEL · 33 hrs/week $434,710Base $396,068 · Other $38,642

ELAINE HOWARDVP, MEETINGS · 35 hrs/week $403,712Base $338,798 · Other $64,914

JOHN MECHEMVP, PUBLIC AFFAIRS · 35 hrs/week $388,130Base $320,573 · Other $67,557

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (55)

ROBERT D BROEKSMITPRESIDENT & CEO

MARCIA M DAVIESCHIEF OPERATING OFFICER

GORDON R MILLSSVP, RES. POLICY & MEMBER ENGAGEMENT

WILLIAM P KILLMERSVP, LEGISLATIVE & POLITIC

MICHAEL P FLOODSVP, CREF & MULTIFAMILY

PETER J GRACECIO/SVP, STRATEGY & MEMBER

MICHAEL C FRATANONICHIEF ECON./SVP OF RESR. &

LISA J HAYNESSVP, CFO & CHIEF DIV. & IN

STEPHEN OCONNORSVP, AFFORDABLE HOUSING INITIATIVES

MICHAEL W BRIGGSSVP & GENERAL COUNSEL

ELAINE HOWARDVP, MEETINGS

JOHN MECHEMVP, PUBLIC AFFAIRS

JAMES WOODWELLVP, COMMERCIAL REAL ESTATE

JUSTIN WISEMANVP, REGULATORY AFFAIRS

TERESSA LURKVP, MARKETING & DESIGN

LAURA ESCOBARCHAIR-ELECT

CHRISTINE R CHANDLERVICE CHAIR

MARK JONESCHAIR

KATE DEKAYBOARD MEMBER

MICHAEL S TANNERBOARD MEMBER

MATTHEW G ROCCO SRIMMEDIATE PAST CHAIR

NIMA GHAMSARIBOARD MEMBER

OWEN LEEBOARD MEMBER

PAT DODDBOARD MEMBER

PATRICK CAREYBOARD MEMBER

PETER NORDENBOARD MEMBER

QUENTIN FOGANBOARD MEMBER

ROHIT GUPTABOARD MEMBER

SEAN GRZEBINBOARD MEMBER

STEVEN PLAISANCEBOARD MEMBER

SUSANNE LIVINGSTONBOARD MEMBER

TAWN KELLEYBOARD MEMBER

THOMAS L WINDBOARD MEMBER

GREG MICHAUDBOARD MEMBER

BRIAN HANSONBOARD MEMBER

CHRISTINE C RHEABOARD MEMBER

CHRISTOPHER M GEORGEBOARD MEMBER

DAVID BATTANYBOARD MEMBER

DAVID BRICKMANBOARD MEMBER

DAVID GANSBERGBOARD MEMBER

DEBRA W STILLBOARD MEMBER

EDDY PEREZBOARD MEMBER

ERIC GATESBOARD MEMBER

GENE LUGATBOARD MEMBER

MARK ODONOVANBOARD MEMBER

J DAVID MOTLEYBOARD MEMBER

JACK GAYBOARD MEMBER

JAMES SIASBOARD MEMBER

JAY BRAYBOARD MEMBER

JEFF FRIEDMANBOARD MEMBER

JEFF WEIDELLBOARD MEMBER

JEFFREY MAJEWSKIBOARD MEMBER

JEFFREY TAYLORBOARD MEMBER

JOHN HEDLUNDBOARD MEMBER

BILL BANFIELDBOARD MEMBER

About this charity

Recognized since: January 1942
Location: 1919 M STREET NW 5TH FL, WASHINGTON, DC 20036-3572
County: District of Columbia
In care of: ASTRID D VERMEER
Primary officer: ASTRID D VERMEER, SVP & CFO

How to reach them

WebsiteVisit the charity’s website Phone(202) 557-2700

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Unknown (Z99)
IRS tax category: Unknown
Grant-giving organization: Yes