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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 2024. Filed on August 15, 2025.

1919 M Street NW 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 2024 IRS Form 990 filing, Mortgage Bankers Association, a 501(c)(6) business league, reported compensation for 15 out of 181 total employees. Among the employees shown here, the average compensation is $632,390. The highest compensated employee at Mortgage Bankers Association is Robert D Broeksmit with fiscal year 2024 compensation of $2,216,614.

Revenue, expenses, and employee compensation

Revenue

$59,651,769

Expenses

$61,957,282

Employee compensation

$37,542,732
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Robert D Broeksmit
President and Chief Executive Officer
$2,216,614
$2,009,201 No related comp$207,413
Marcia M Davies
Chief Operating Officer
$955,446
$899,080 No related comp$56,366
Gordon R Mills
Senior Vice President, RES Policy and Member Engagement
$709,641
$644,117 No related comp$65,524
William P Killmer
Senior Vice President, Legislative and Politic
$673,738
$615,968 No related comp$57,770
Michael P Flood
Senior Vice President, CREF and Multifamily
$562,074
$496,550 No related comp$65,524
Peter J Grace
Cio/Svp, Strategy and Member
$523,574
$458,050 No related comp$65,524
Michael C Fratanoni
Chief Econ./Svp of RESR and
$510,267
$486,424 No related comp$23,843
Lisa J Haynes
Senior Vice President, CFO and Chief DIV and in
$497,269
$439,618 No related comp$57,651
Stephen O'Connor
Senior Vice President, Affordable Housing Initiatives
$494,034
$429,164 No related comp$64,870
Michael W Briggs
Senior Vice President and General Counsel
$434,710
$396,068 No related comp$38,642
Elaine Howard
Vice President, Meetings
$403,712
$338,798 No related comp$64,914
John Mechem
Vice President, Public Affairs
$388,130
$320,573 No related comp$67,557

Benchmark Employee Compensation

Non-Employee Board Members

Laura Escobar
Chair-Elect
$15,376
$15,376 No related compNo other comp
Christine R Chandler
Vice Chair
$4,109
$4,109 No related compNo other comp
Mark Jones
Chair
$2,796
$2,796 No related compNo other comp
Christopher M George
Board Member
No compensation reported
Peter Norden
Board Member
No compensation reported
Jeffrey Majewski
Board Member
No compensation reported
Jack Gay
Board Member
No compensation reported
Owen Lee
Board Member
No compensation reported
Thomas L Wind
Board Member
No compensation reported
Bill Banfield
Board Member
No compensation reported
Jeff Friedman
Board Member
No compensation reported
Nima Ghamsari
Board Member
No compensation reported

Contractors

Stratmor Group LLC
Data Driven Mortgage Advisory
$258,855
Cliftonlarsonallen LLP
Audit Tax Consulting
$185,504
Thorn Run Partners LLC
Lobbying
$180,000
Malloy Associates LLC
Consulting
$129,730
Diversity Talent Advisors
Executive Search Leadership Development
$128,750

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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