Maryland Association Of Mortgage Professionals in Baltimore, Maryland (MD)

Maryland Association Of Mortgage Professionals
Employer Identification Number (EIN)	521821475
Name of Organization	Maryland Association Of Mortgage Professionals
Address	720 Light St, Baltimore, MD 21230-3850
Activities	Professional association
Subsection	Board of Trade
Ruling Date	08/1994
Deductibility	Contributions are not deductible
Foundation	All organizations except 501(c)(3)
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$100,000 to $499,999
Income	$100,000 to $499,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$243,152
Amount of Income	$100,024
Form 990 Revenue Amount	$58,384
National Taxonomy of Exempt Entities (NTEE)	Community Improvement, Capacity Building: Promotion of Business

Non-representatives - add comments:

Amount of income in 2013: $100,024 (it was $215,015 in 2012)

This organization:	$100,024
Other organizations performing similar types of work:	$180,052

Assets in 2013: $243,152 (it was $404,574 in 2012)

This organization:	$243,152
Other organizations performing similar types of work:	$162,128

Expenses in 2013: $157,385

Maryland Association Of Mortgage Professionals:	$157,385
Other organizations performing similar types of work:	$157,385

Income to expenses ratio in 2013: 0.6

Maryland Association Of Mortgage Professionals:	0.6
Other organizations performing similar types of work:	1.1

Grants share in income in 2013: 0.0%

This organization:	0.0%
Other organizations performing similar types of work:	5.2%

Financial snapshot ($)

Revenue for 2013

	2011	2012	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue			$45,770
Contributions, gifts, grants, and similar amounts received			$0
Program service revenue including government fees and contracts			$19,206
Membership dues and assessments			$24,520
Investment income			$12,646
Gain/Loss from sale of assets other than inventory			$-10,745
Gross amount from sale of assets other than inventory			$117,072
Less: cost or other basis and sales expenses			$127,817
Net income/loss from gaming and fundraising events	$-2,436	$2,626	$143
Gross income from gaming	$0	$0	$0
Gross income from fundraising events			$14,731
Less: direct expenses from gaming and fundraising events			$14,588
Gross profit/loss from sales of inventory			$0
Other revenue			$0
Total expenses			$157,385
Total net assets			$263,055
Excess/Deficit for the year			$-111,615
Net assets or fund balances at beginning of year			$369,353
Other changes in net assets or fund balances			$5,317
Net assets or fund balances at end of year			$263,055

	2011	2012	2013
Balance Sheets
Total assets	$508,784	$404,574	$315,666
Total liabilities	$36,089	$35,221	$52,611
Net assets or fund balances			$263,055

	2012	2013
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?		No
Were any significant changes made to the organizing or governing documents?		No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities		No
Has the organization filed a Form 990-T for the year?	No	No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?		No
Amount of political expenditures, direct or indirect		$0
Did the organization file Form 1120-POL for this year?		No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?		No
Total amount involved		$0
Initiation fees and capital contributions		$0
Gross receipts for public use of club facilities		$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?		No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?	No	No

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	Not provided
Number of organizations supported	0
Sum of amounts of support	$0

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Toy Industry Foundation	1115 Broadway Ste 400, New York, NY 10010-3466	NY	1964-05	$20,101,942
2	Salesmanship Club Of Dallas	106 East 10th Street Suite 200, Dallas, TX 75203-2236	TX	1932-09	$11,816,023
3	Salesmanship Club Youth And Family Centers Inc	106 East 10th Street Suite 200, Dallas, TX 75203-2236	TX	1932-09	$11,362,324
4	Southeast Cement Association Inc, A Domestic Nonprofit Corporation	175 Gwinnett Dr Ste 330, Lawrenceville, GA 30045-8461	GA	1988-08	$5,306,742
5	Hht Foundation International Inc, Hereditary Hemorrhagic Telangiectas	PO BOX 329, Monkton, MD 21111-0329	MD	1991-08	$2,304,348
6	South Bronx Head Start Program Board	490 E 143rd St, Bronx, NY 10454-1306	NY	1994-05	$2,195,354
7	Ocean City Hotel Motel And Restaurant Association Inc	PO BOX 340, Ocean City, MD 21843-0340	MD	1980-06	$465,102
8	Charles County Chamber Of Commerce Inc	101 Centennial St Ste A, La Plata, MD 20646-5976	MD	1958-05	$314,356
9	Chesapeake Human Resources Association	720 Light St, Baltimore, MD 21230-3850	MD	1960-09	$306,289
10	Meeting Professionals International, Potomac	18222 Flower Hill Way No 270, Gaithersburg, MD 20879-5300	MD	1981-05	$289,649
11	American Society Of Heating Refrigerating & A-C Engineers, Baltimore	2520 Lord Baltimore Dr Ste D, Baltimore, MD 21244-2670	MD	1973-11	$145,521
12	Maryland Association Of Mortgage Professionals	720 Light St, Baltimore, MD 21230-3850	MD	1994-08	$100,024
13	Hagerstown-Washington County Chamber Of Commerce Foundation Inc	28 W Washington St, Hagerstown, MD 21740-4804	MD	1988-12	$2,030
14	Fabric Care Foundation Inc	14700 Sweitzer Ln, Laurel, MD 20707-5903	MD	1995-04	$1,110
15	American Healing Arts Alliance Inc	3157 Rolling Rd, Edgewater, MD 21037	MD	1998-04	$0
16	Insurance Society Of Baltimore Inc	2718 Cedar Drive, Riva, MD 21140	MD	1975-06	$0
17	Maryland Mathematics Coalition	5457 Marsh Hawk Way, Columbia, MD 21045	MD	1991-11	$0
18	Mid Atlantic Disaster Recovery Association Inc	Po Box 6145, Columbia, MD 21045	MD	1991-05	$0
19	National Certified Pipe Welding Bureau Dc Chapter	4601 Presidents Dr Ste 120, Lanham, MD 20706-4814	MD	1946-05	$0
20	Potomac Rotary Charities Incorporated	Po Box 61254, Potomac, MD 20859	MD	1991-03	$0

Number of organizations performing similar types of work

Alaska	2
Alabama	5
Arkansas	6
Arizona	5
California	55
Colorado	7
Connecticut	18
District of Columbia	12
Delaware	2
Florida	24
Georgia	18
Hawaii	1
Iowa	11
Idaho	2
Illinois	27
Indiana	11
Kansas	8
Kentucky	4
Louisiana	4
Massachusetts	25
Maryland	15
Maine	10
Michigan	12
Minnesota	16
Missouri	22
Mississippi	8

Montana	3
North Carolina	22
North Dakota	2
Nebraska	4
New Hampshire	3
New Jersey	20
New Mexico	2
Nevada	2
New York	74
Ohio	19
Oklahoma	9
Oregon	4
Pennsylvania	15
Rhode Island	7
South Carolina	6
South Dakota	2
Tennessee	9
Texas	32
Utah	3
Virginia	22
Vermont	3
Washington	6
Wisconsin	22
West Virginia	1
Wyoming	1
International	1

Total

624

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