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Mortgage Bankers Association of Louisville Inc

EIN 61-0981376 · Lexington, KY

Public records raise at least one point you should look into before giving.

LegitimacyCautionRegistration and standingFinancial healthNot ratedToo small or too little detailGovernanceNot ratedThe short tax form does not cover thisImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE MORTGAGE BANKERS ASSOCIATION OF LOUISVILLE IS A NON-PROFIT, VOLUNTEER ORGANIZATION DEDICATED TO BOTH THE PRESERVATION AND IMPROVEMENT OF THE MORTGAGE BANKING INDUSTRY, AND DEPENDENT UPON THE SUPPORT OF THE ASSOCIATION MEMBERS. MBAL IS COMPRISED OF BANKERS, BROKERS, LOAN OFFICERS, APPRAISERS, HOME INSPECTORS, ATTORNEYS, REAL ESTATE PROFESSIONALS, UNDERWRITERS, PROCESSORS, INSURANCE AGENTS, AND OTHER PROFESSIONALS INVOLVED IN THE BUSINESS OF MORTGAGE BANKING AND THE HOUSING MARKET IN THE LOUISVILLE AREA. MEMBERSHIP IS OPEN TO THOSE ENGAGED IN MORTGAGE LENDING AND OTHER HOUSING RELATED BUSINESSES THAT HAVE AN OFFICE IN KENTUCKY OR THE FOLLOWING COUNTIES IN SOUTHERN INDIANA: CLARK, FLOYD, HARRISON, AND JEFFERSON. MBAL FOSTERS SOUND ETHICAL BUSINESS PRACTICES AND METHODS IN THE MAKING, MARKETING, AND SERVICING OF REAL ESTATE MORTGAGE LOANS AND TO SPONSOR EDUCATIONAL OPPORTUNITIES FOR INDUSTRY PROFESSIONALS.

Income
$75,290
Spending
$77,946
Highest pay
$20,400, executive dir.

Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate

Financial health

We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.

Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate

Governance

This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.

Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. PRESENT MONTHLY MEETINGS TO EDUCATE MEMBERS ON THE INDUSTRY AND COMMUNITY
  2. ANNUALLY PROMOTE AND EXECUTE A SOCIAL EVENT TO RAISE FUNDS FOR A LOCAL CHARITY
  3. PROVIDE COMMUNICATIONS TO MEMBERS REGARDING LEGISLATIVE AND REGULATORY ISSUES AS WELL AS MARKET STATISTICS PERTINENT TO THE INDUSTRTY

Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on August 15, 2010 for not filing returns for three years, and reinstated on August 15, 2010.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Caution.

    The IRS master file records contributions to this 501(c)(6) business league as not deductible.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since July 2015.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: Mortgage Bankers Association of America (Washington, DC), EIN 36-1505650. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.