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Nonprofit · EIN 04-2605504

MASSACHUSETTS MORTGAGE BANKERS ASSOCIATION INC

Tax-exempt · BOSTON, MA 02110

Financials

$493K$620K2023$566K$565K2024
Revenue Expenses · by fiscal year end
Financials of MASSACHUSETTS MORTGAGE BANKERS ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$566,468$564,596$1,872$482,451$91,207$391,244
December 31, 2023990$492,745$619,820-$127,075$722,644$333,272$389,372
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$113,935
Membership dues
$113,935
Program service revenue
$262,884
Investment income
$189,649
Net gain from sales of assets
$175,200
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$158,964
Salaries, compensation and benefits (total)
$203,927
Professional fundraising fees
$0
Accounting fees
$11,600
Occupancy
$25,142
Travel
$17,954
Depreciation
$3,315
Program services (functional)
$428,730
Management and general (functional)
$135,866

Balance sheet and other

Total assets, start of year
$722,644
Total assets, end of year
$482,451
Total liabilities, end of year
$91,207
Net assets, end of year
$391,244
Net assets without donor restrictions
$391,244
Gross receipts
$916,268
Employees
3
Volunteers
0
Year formed
1976
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DEBORAH SOUSAEXECUTIVE DIRECTOR
Trustee or director, Officer
1$92,626
RYAN M HAYESCHAIR
Trustee or director, Officer
1$0
BEN GUIMARRACHAIR ELECT
Trustee or director, Officer
1$0
SHANE BELLEVANCEDIRECTOR
Trustee or director
1$0
CRAIG M NARDIDIRECTOR
Trustee or director
1$0
ERIC PRUEDIRECTOR
Trustee or director
1$0
SARAH BLAKEDIRECTOR
Trustee or director
1$0
DARRYL CAFFEESECRETARY
Trustee or director, Officer
1$0
CHIP COVENEYDIRECTOR
Trustee or director
1$0
RICHARD HOGANTREASURER
Trustee or director, Officer
1$0
CHERI MCCARTHYDIRECTOR
Trustee or director
1$0
SEAN FLEMINGDIRECTOR
Trustee or director
1$0
GREG KORNDIRECTOR
Trustee or director
1$0
MICHAEL KELLEHERDIRECTOR
Trustee or director
1$0
JENNIFER ROACHDIRECTOR
Trustee or director
1$0
5 more people on this return
NameTitleHours / weekCompensation
JEREMY POTTERDIRECTOR
Trustee or director
1$0
BRIAN BROWNDIRECTOR
Trustee or director
1$0
SHANIKA ROGOWSKIDIRECTOR
Trustee or director
1$0
BARBARA YANKEDIRECTOR
Trustee or director
1$0
DAVID GRAVELLEDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 19 people
NameTitleHours / weekCompensation
SHANIKA ROGOWSKIDIRECTOR
Trustee or director
1$98,400
RYAN M HAYESPRESIDENT
Trustee or director
1$0
BEN GUIMARRACHAIR ELECT
Trustee or director, Officer
1$0
SHANE BELLEVANCEDIRECTOR
Trustee or director
1$0
CRAIG M NARDIDIRECTOR
Trustee or director
1$0
ERIC PRUEDIRECTOR
Trustee or director
1$0
SARAH BLAKEDIRECTOR
Trustee or director
1$0
DARRYL CAFFEESECRETARY
Trustee or director
1$0
CHIP COVENEYDIRECTOR
Trustee or director
1$0
RICHARD HOGANTREASURER
Trustee or director
1$0
CHERI MCCARTHYDIRECTOR
Trustee or director
1$0
SEAN FLEMINGDIRECTOR
Trustee or director
1$0
GREG KORNDIRECTOR
Trustee or director
1$0
MICHAEL KELLEHERDIRECTOR
Trustee or director
1$0
JENNIFER ROACHDIRECTOR
Trustee or director
1$0
JEREMY POTTERDIRECTOR
Trustee or director
1$0
BRIAN BROWNDIRECTOR
Trustee or director, Officer
1$0
BARBARA YANKEDIRECTOR
Trustee or director, Officer
1$0
DEBORAH SOUSAEXECUTIVE DIRECTOR
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
185 DEVONSHIRE ST STE 601, BOSTON, MA 02110-1414
Principal officer (990 for 2024)
DEBORAH SOUSA, 185 DEVONSHIRE ST SUITE 703, BOSTON, MA 02110
Signed the 990
DEBORAH SOUSA, EXECUTIVE DIRECTOR
Phone
(617) 570-9114
Return prepared by
DANIEL DENNIS AND COMPANY LLP

Mission

TO SPONSOR EDUCATIONAL SEMINARS RELATIVE TO THE MORTGAGE INDUSTRY AND ATTEMPT TO SOLVE MORTGAGE REALTED PROBLEMS.

990 for the year ended December 31, 2024

Program accomplishments

  • TO SPONSOR EDUCATIONAL SEMINARS RELATIVE TO THE MORTGAGE INDUSTRY AND ATTEMPT TO SOLVE MORTGAGE REALTED PROBLEMS.
    Expenses $428,730 · revenue $262,894

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-2605504
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1989
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$482,451
Income (IRS master file)
$916,268

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$566,468$564,596$482,451XML
990December 2023$492,745$619,820$722,644XML
990December 2022$537,189$653,855$997,341IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2605504).

Questions about MASSACHUSETTS MORTGAGE BANKERS ASSOCIATION INC

What is the EIN of MASSACHUSETTS MORTGAGE BANKERS ASSOCIATION INC?
The employer identification number (EIN) of MASSACHUSETTS MORTGAGE BANKERS ASSOCIATION INC is 04-2605504.
Is MASSACHUSETTS MORTGAGE BANKERS ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1989.
Are donations to MASSACHUSETTS MORTGAGE BANKERS ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MASSACHUSETTS MORTGAGE BANKERS ASSOCIATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MASSACHUSETTS MORTGAGE BANKERS ASSOCIATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MASSACHUSETTS MORTGAGE BANKERS ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MASSACHUSETTS MORTGAGE BANKERS ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names DEBORAH SOUSA.
Who are the officers and directors of MASSACHUSETTS MORTGAGE BANKERS ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 20 people; 1 received compensation from the organization, the highest $92,626 (DEBORAH SOUSA, EXECUTIVE DIRECTOR).
How much revenue does MASSACHUSETTS MORTGAGE BANKERS ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $566,468, expenses of $564,596 and total assets of $482,451 at year end.

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