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MORTGAGE BANKERS ASSOCIATION OF NEW YORK INC
NEW YORK, NY · EIN 521225868 · Form 990 · FY2020 · Micro (<$100K) · mbany.org
revenue
$47K
expenses
$70K
net assets
$88K
employees
0
program ratio
71%
mission · from form 990

TRADE ASSOCIATION FOR MORTGAGE BANKERS

profile · synthesized from sources

Trade association serving mortgage bankers, lenders, brokers, and related professionals in New York. Provides networking, education, and professional development opportunities through events, committees, and membership benefits. Founded in 1948, it supports industry collaboration and responsible lending practices across the state.

irs program accomplishments · form 990 part iii · fy2020

What they reported doing

  1. #1 primary $50K
named programs · 4 · from sources

What they call their work

Annual Sponsorship Program
Offers tiered sponsorship opportunities across five major annual events, providing brand visibility, networking access, and marketing benefits to supporting companies.
Committee Engagement Program
Facilitates member involvement through specialized committees including Communications, Membership, Programs & Events, Sponsorship, and Young Professionals.
RELIS Conference
Annual Real Estate & Lending Investment Summit featuring educational sessions, speaker panels, and networking for industry professionals.
Young Professionals Committee
Engages professionals under 40 or with less than 10 years of experience through networking, mentorship, and leadership development opportunities.
activities · 5 groups

What they do

  • Professional Networking Events 1 activity
    • Facilitating industry networking and engagement
      Organizes a calendar of annual events including the Real Estate & Lending Summit, golf outing, wine gala, whiskey tasting, holiday celebration, breakfast meetings, and webinars to connect industry professionals. Also supports young professionals through mentorship and leadership development.
  • Membership Program Administration 1 activity
    • Managing membership services and retention
      Handles membership growth and retention through outreach, application processing, onboarding, and ongoing engagement, including a Member of the Month feature and event ambassadors who connect new members with existing ones.
  • Industry Advocacy and Regulatory Engagement 1 activity
    • Operating as a trade association for mortgage bankers
      Represents mortgage bankers in New York through advocacy, industry coordination, and professional support services.
  • Professional Certification and Continuing Education 1 activity
    • Providing professional education and training programs
      Offers continuing education programs and webinars for mortgage, real estate, and appraisal professionals in New York and New Jersey, including sponsor-hosted webinars on approved topics.
  • Corporate Sponsorship Programs 1 activity
    • Securing sponsorships and promoting sponsor visibility
      Builds relationships with sponsors and promotes their visibility through logo inclusion in event marketing, email spotlight announcements to over 5,500 industry professionals, and social media campaigns.
financials · form 990 · fy2020
revenue
Total revenue$47K
Contributions & grants$28K60%
Program service revenue$19K40%
Investment income$10%
Other revenue$0
expenses
Total expenses$70K
Program expenses71%
Admin / overhead29%
Fundraising0%
Salaries & benefits$4K
Grants paid out$18K
Largest expense lineProfessional Fees
balance sheet
Total assets$90K
Cash$70K
Investments$0
Liabilities$2K
Net assets$88K
Liquid reserves12.0 mo
2 years on record · 2019–2020 · YoY revenue -73.3%
leadership · form 990 part vii · fy2020

Who runs it

board members · 14
  • BONNIE NACHAMIE — BOARD OF GOVERNOR
  • FRED MCDONALD — BOARD OF GOVERNOR
  • GREGG CHRISTENSEN — BOARD OF GOVERNOR
  • GREGORY NUBER — PAST PRESIDENT
  • JONATHAN STERN — PRESIDENT
  • JOSHUA STEIN — BOARD OF GOVERNOR
  • KAREN KOZLOWSKI — TREASURER
  • KITTY YEN — SECRETARY
  • REBECCA JURBALA — COMMUNICATIONS CHAIR
  • RICHARD CARR — SCHOLARSHIP FOUNDATION CO-
  • SARAH LINDER — SCHOLARSHIP FOUNDATION CO-
  • SETH WIENER — MEMBERSHIP COMMITTEE CHAIR
  • VICTOR AMOO — SPONSORSHIP COMMITTEE CHAI
  • ZAHRA JAFRI — VICE PRESIDENT
relationships · 3

Who they work with

  • Ardsley Country Club Partner — Host venue for the MBAofNY Annual Golf Outing in 2025.
  • Edith Tella Government — Point of contact for check payments related to sponsorship and membership.
  • Management & Marketing Company Partner — Collaborates with the Communications, Membership, and Sponsorship committees on branding, social media, email communications, and sponsor promotion.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Industry Collaboration Network
    methodology: industry_collaboration_network
    By convening diverse mortgage industry stakeholders, the organization fosters knowledge sharing and business development, because collective engagement strengthens industry resilience and innovation.
  • Member Integration Through Personalized Onboarding
    methodology: member_integration
    By using event ambassadors and onboarding resources, the organization improves new member engagement, because personal connections and clear communication of value reduce onboarding friction and increase retention.
  • Thought Leadership as Engagement Mechanism
    methodology: thought_leadership_engagement
    By integrating sponsors and members into panels and educational programming, the organization drives deeper engagement, because participation in content creation increases stakeholder investment and perceived value.