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Nonprofit · EIN 71-0483655

MORTGAGE BANKERS ASSOCIATION OF ARKANSAS

Tax-exempt · MEMPHIS, TN 38120

Financials

$90K$132K2023$104K$137K2024$92K$108K2025
Revenue Expenses · by fiscal year end
Financials of MORTGAGE BANKERS ASSOCIATION OF ARKANSAS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$92,215$108,197-$15,982$28,736$1,200$27,536
December 31, 2024990$104,148$137,176-$33,028$45,918$2,400$43,518
December 31, 2023990$89,533$131,944-$42,411$77,046$500$76,546
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$33,150
Membership dues
$33,150
Program service revenue
$53,639
Investment income
$426
Other revenue
$5,000

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$467
Travel
$1,197
Program services (functional)
$103,661
Management and general (functional)
$4,536

Balance sheet and other

Total assets, start of year
$45,918
Total assets, end of year
$28,736
Total liabilities, end of year
$1,200
Net assets, end of year
$27,536
Net assets without donor restrictions
$27,536
Gross receipts
$92,215
Employees
0
Year formed
1987
State of legal domicile
AR

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
CHRISTY BEAGLEDIRECTOR
Trustee or director
–$0
KORTNI BEENEDIRECTOR
Trustee or director
–$0
KRISTINE BRANONPAST PRESIDE
Trustee or director, Officer
–$0
ERICA BYRNEPAST LEGIS C
Trustee or director
–$0
AUSTIN CARTERDIRECTOR
Trustee or director
–$0
BUCKY HOUSERGOVERNOR
Trustee or director
–$0
KATHERINE LYONSSEC/TREAS
Trustee or director, Officer
–$0
OMAR MEJIADIRECTOR
Trustee or director
–$0
ISSAC MORALESVICE PRESIDE
Trustee or director, Officer
–$0
DAVID NORRISLEGISLATIVE
Trustee or director
–$0
GREG RAMERGOVERNOR
Trustee or director
–$0
JENNIFER SCARBROUGHDIRECTOR
Trustee or director
–$0
KATEY SCOTTDIRECTOR
Trustee or director
–$0
DAVID SHOPTAWAFFILIATE DI
Trustee or director
–$0
DREW STONERVICE LEGIS C
Trustee or director
–$0
1 more people on this return
NameTitleHours / weekCompensation
TERYSE YOUNGPRESIDENT
Trustee or director, Officer
–$0
990 for the year ended December 31, 2024: 18 people
NameTitleHours / weekCompensation
CHRISTY BEAGLEDIRECTOR
Trustee or director
–$0
CHRISTINE BENSONGOVERNOR
Trustee or director
–$0
KRISTINE BRANONPRESIDENT
Trustee or director, Officer
–$0
SOOKY BRIGANCEDIRECTOR
Trustee or director
–$0
GINGER BURTONAFFILIATE DI
Trustee or director
–$0
ERICA BYRNEPAST PRESIDE
Trustee or director, Officer
–$0
CAITLIN GUERRAVP OF MANAGE
Trustee or director, Officer
–$0
KEITH LITTLEGOVERNOR
Trustee or director
–$0
OMAR MEJIADIRECTOR
Trustee or director
–$0
ISSAC MORALESSECRETARY/TR
Trustee or director, Officer
–$0
DAVID NORRISDIRECTOR
Trustee or director
–$0
JENNIFER SCARBROUGHDIRECTOR
Trustee or director
–$0
DREW STONERDIRECTOR
Trustee or director
–$0
SCOTT TODDGOVERNOR
Trustee or director
–$0
BRANDSON WEBBDIRECTOR
Trustee or director
–$0
TODD WHITEGOVERNOR
Trustee or director
–$0
THOMAS WILLIAMSDIRECTOR
Trustee or director
–$0
TERY YOUNGVICE PRESIDE
Trustee or director, Officer
–$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
FERNANDO ADAMEDIRECTOR
Trustee or director
–$0
CHRISTY BEAGLEDIRECTOR
Trustee or director
–$0
KRISTINE BRANONVICE PRESIDE
Trustee or director, Officer
–$0
ERICA BYRNEPRESIDENT
Trustee or director, Officer
–$0
AMANDA EATONPAST PRESIDE
Trustee or director, Officer
–$0
KEITH LITTLEGOVERNOR
Trustee or director
–$0
OMAR MEJIADIRECTOR
Trustee or director
–$0
ISSAC MORALESDIRECTOR
Trustee or director
–$0
BILLIE JEAN MORGANAFFILIATE DI
Trustee or director
–$0
DAVID NORRISDIRECTOR
Trustee or director
–$0
DREW STONERDIRECTOR
Trustee or director
–$0
SCOTT TODDGOVERNOR
Trustee or director
–$0
BRANDSON WEBBDIRECTOR
Trustee or director
–$0
TIM WOOLDRIDGEAFFILIATE DI
Trustee or director
–$0
TERY YOUNGSECRETARY/TR
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
1661 AARON BRENNER DR STE 201, MEMPHIS, TN 38120-1466
Principal officer (990 for 2025)
TERYSE YOUNG, 3600 SOUTHSHORE BAY COVE, SHERWOOD, AR 72120
Signed the 990
TERYSE YOUNG, PRESIDENT
Phone
(901) 321-6756
Return prepared by
ROBERT FRAZIER ACCT & CONSULTING LLC

Mission

TO PROMOTE MORTGAGE BANKING IN ARKANSAS

990 for the year ended December 31, 2025

Program accomplishments

  • 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 $103,661

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
71-0483655
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1977
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$28,736
Income (IRS master file)
$92,215

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$92,215$108,197$28,736XML
990December 2024$104,148$137,176$45,918IRS
990December 2023$89,533$131,944$77,046XML
990December 2022$121,085$111,893$120,825IRS
990December 2021–––IRS
990December 2020–––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 71-0483655).

Questions about MORTGAGE BANKERS ASSOCIATION OF ARKANSAS

What is the EIN of MORTGAGE BANKERS ASSOCIATION OF ARKANSAS?
The employer identification number (EIN) of MORTGAGE BANKERS ASSOCIATION OF ARKANSAS is 71-0483655.
Is MORTGAGE BANKERS ASSOCIATION OF ARKANSAS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1977.
Are donations to MORTGAGE BANKERS ASSOCIATION OF ARKANSAS tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MORTGAGE BANKERS ASSOCIATION OF ARKANSAS 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 MORTGAGE BANKERS ASSOCIATION OF ARKANSAS due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MORTGAGE BANKERS ASSOCIATION OF ARKANSAS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MORTGAGE BANKERS ASSOCIATION OF ARKANSAS?
The 990 for the year ended December 31, 2025 names TERYSE YOUNG.
Who are the officers and directors of MORTGAGE BANKERS ASSOCIATION OF ARKANSAS?
The 990 for the year ended December 31, 2025 lists 16 people; 0 received compensation from the organization.
How much revenue does MORTGAGE BANKERS ASSOCIATION OF ARKANSAS have?
On its 990 for the year ended December 31, 2025 it reported revenue of $92,215, expenses of $108,197 and total assets of $28,736 at year end.

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