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Filing year 2024

CONNECTICUT MORTGAGE BANKERS ASSOCIATION INC

New Britain, Connecticut·EIN 22-2553995·6
Total revenue
$153k
Total assets
$35k
Total expenses
$190k
Reported officers
18
Mission

Trade Association of Mortgage Bankers, brokers and any mortgage related companies doing business in Connecticut. To promote the welfare of the mortgage lending industry and related providers in the state. Hold seminars on regulations and other topics related to the industry and networking events.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
25th percentile to median
$78k
$84k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 17 unpaid individuals.

Down 7%
from 2023

From $84k in 2023 to $78k in 2024.

$84k
2023
$78k
2024
In today's dollarsEst.
Down 10% in real terms$93k to $84k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 7% from 2023 to 2024, while revenue fell 23%.

$84k in 2023 to $78k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

CONNECTICUT MORTGAGE BANKERS ASSOCIATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$198k
$221k
2023
$153k
$190k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CONNECTICUT MORTGAGE BANKERS ASSOCIATION INC

What does the Chief Executive Officer of CONNECTICUT MORTGAGE BANKERS ASSOCIATION INC earn?

In 2024, the Chief Executive Officer of CONNECTICUT MORTGAGE BANKERS ASSOCIATION INC received $77,740 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CONNECTICUT MORTGAGE BANKERS ASSOCIATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at CONNECTICUT MORTGAGE BANKERS ASSOCIATION INC falls between the 25th percentile and the median.

What are CONNECTICUT MORTGAGE BANKERS ASSOCIATION INC's revenue and expenses?

In 2024, CONNECTICUT MORTGAGE BANKERS ASSOCIATION INC reported $153k in total revenue and $190k in total expenses on its IRS Form 990.

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