Indiana Mortgage Bankers Inc
Nonprofit profile at a glance
- EIN
- 237345226
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Indianapolis, IN, USA
- Phone
- 3173879380
- Rating confidence
- Limited
Reported finances
- Revenue
- $156,025
- Expenses
- $184,652
- Assets
- $139,209
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- DAX DENTON (EXECUTIVE DIR.)
- SALLY BURKS ELMORE (DIRECTOR)
- STEVE BROBIAK (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the Indiana mortgage bankers association is to provide services, support, and information to its members, and to promote sound and ethical business practices consistent with industry standards.
What it reported doing in 2024
Approximately 120 member companies benefit from the programs presented by the organization for their education and mutual goals. The association normally holds three state-wide events each year, a convention, a compliance seminar, and a production meeting. The chapters hold smaller, special meetings designed to educate and update the members.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 35
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -18.3%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 0.75; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -6.6% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: 1.5% per year; rating input score 100; 32nd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 9/100.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.