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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Unclassified Mortgage Bankers Association

Mortgage Bankers Association

Fiscal year ending 2020. Filed on August 11, 2021.

1919 M Street NW No 5th Fl
Washington, District of Columbia 20036

Mortgage Bankers Association (EIN: 36-1505650) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Mortgage Bankers Association, a 501(c)(6) business league, reported compensation for 16 out of 174 total employees. Among the employees shown here, the average compensation is $562,433. The highest compensated employee at Mortgage Bankers Association is Robert D Broeksmit with fiscal year 2020 compensation of $1,795,631.

Revenue, expenses, and employee compensation

Revenue

$61,474,364

Expenses

$50,944,336

Employee compensation

$31,591,847
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Robert D Broeksmit
President and Chief Executive Officer
$1,795,631
$1,475,414 No related comp$320,217
Marcia M Davies
Chief Operating Officer
$1,137,359
$1,103,039 No related comp$34,320
Gordon R Mills
Senior Vice President, RES Policy and Member Engagemt.
$673,855
$634,883 No related comp$38,972
William P Killmer
Senior Vice President, Legislative and POL Affairs
$628,805
$593,964 No related comp$34,841
Michael C Fratantoni
Chief ECON and Senior Vice President RES and IND TECH
$467,783
$431,311 No related comp$36,472
Peter J Grace
CIO and Senior Vice President, Strategy and Member SERV
$465,261
$428,519 No related comp$36,742
Stephen O'Connor
Senior Vice President, Affordable Housing Initiatives
$463,441
$424,469 No related comp$38,972
Lisa J Haynes
Senior Vice President, CFO and Chief DIV and INCL OFFI
$404,580
$371,571 No related comp$33,009
Helen R Kanovsky
Senior Vice President and General Counsel (Until 4/3/20)
$393,187
$375,853 No related comp$17,334
Elaine Howard Harrington
Vice President, Conferences
$355,769
$318,213 No related comp$37,556
Thomas K Kim
Senior Vice President, CREF Policy (Until 10/15/19)
$355,720
$320,386 No related comp$35,334
John Mechem
Vice President, Public Affairs
$339,032
$304,312 No related comp$34,720

Benchmark Employee Compensation

Non-Employee Board Members

Brian F Stoffers
Chair
$8,972
$8,972 No related compNo other comp
Byron L Boston
Board Member
No compensation reported
William M Walker
Board Member
No compensation reported
Jonathan M Corr
Board Member
No compensation reported
Andrew Rippert
Board Member
No compensation reported
Gary N Otten
Board Member
No compensation reported
Mary Ann McGarry
Board Member
No compensation reported
Robert D Broeksmit
ex officio
No compensation reported
Stanley C Middleman
Board Member
No compensation reported
Christopher Labianca
Board Member
No compensation reported
Angela Mago
Board Member
No compensation reported
Richard G Thornberry
Board Member
No compensation reported

Contractors

Stratmor Group LLC
Data Driven Mortgage Advisory
$387,021
Higher Logic
Software Development
$257,574
Promontory Financial Group LLC
Financial
$155,000
Republic Consulting
Lobbying and Business Development
$150,000
Holland-Knight LLP
Legislative and Advocacy Consulting
$150,000

Mission Statement

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

Revisions to this organization profile

August 15, 2025:
2024 Mortgage Bankers Association 990 filed
August 13, 2024:
2023 Mortgage Bankers Association 990 filed
August 11, 2023:
2022 Mortgage Bankers Association 990 filed

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