Massachusetts Mortgage Bankers Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 223,213 | 325,003 | −101,790 | 10.5 | 50% |
| 2012 | 406,523 | 304,580 | 101,943 | 15.2 | 54% |
| 2013 | 731,022 | 588,456 | 142,566 | 11.3 | 29% |
| 2014 | 650,697 | 585,259 | 65,438 | 12.7 | 30% |
| 2015 | 705,348 | 621,765 | 83,583 | 13.5 | 24% |
| 2016 | 746,822 | 647,258 | 99,564 | 14.9 | 23% |
| 2017 | 885,455 | 751,106 | 134,349 | 14.9 | 20% |
| 2018 | 802,717 | 743,488 | 59,229 | 16.1 | 23% |
| 2019 | 673,188 | 728,862 | −55,674 | 15.5 | 25% |
| 2020 | 252,613 | 460,557 | −207,944 | 19.0 | 48% |
| 2021 | 497,712 | 595,592 | −97,880 | 12.8 | 34% |
| 2022 | 537,189 | 653,855 | −116,666 | 9.5 | 27% |
| 2023 | 492,745 | 619,820 | −127,075 | 7.5 | 28% |
In its most recent public year (2023), this organization spent $127,075 more than it brought in. Its reserves stood at about 7.5 months of spending, down from 10.5 in 2011. Staff pay was 28% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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