Mortgage Bankers Association
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
Key facts about Mortgage Bankers Association
In short: Mortgage Bankers Association gave $298K across 18 grants in 2025 (avg $17K), mostly in District of Columbia. 39% of 2025 grantees were new. Source: 2025 IRS Form 990.
- EIN
- 36-1505650
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $297,512
- Grants made (2025)
- 18
- Average grant
- $16,528
- Median grant
- $10,150
- New grantees (estimate)
- 39% first-time grantees (7 of 18, 2025)
- Total assets
- $178,379,827
- Primary geography
- District of Columbia (50% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$178.4M
+2.5% YoY
Annual Giving
$298K
-1.7% YoY
Grant Count
18
+20.0% YoY
Avg Grant Size
$17K
-18.1% YoY
Is Mortgage Bankers Association open to new grantees?
39%
first-time grantees, 2025
In 2025, 7 of 18 grantees (39%) were first-time recipients. First grants averaged $13K; repeat grants $19K. How we count
Medians: $8K first-time, $13K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
About Mortgage Bankers Association
Based on IRS filings
Mortgage Bankers Association is a nonprofit organization, based in Washington, DC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $178.4M in total assets. In 2025, it awarded 18 grants totaling $298K. Net investment income was $5.2M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 18 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
107 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| HOMEFREE-USA INC Riverdale, MD | CONTRIBUTION | $50,000 |
| HOUSING SOLUTIONS COALITION Washington, DC | HOUSING SOLUTIONS SPONSORSHIP | $50,000 |
| CHILDREN'S NATIONAL HOSPITAL FOUNDATION Silver Spring, MD | DONATION | $30,500 |
| BISHOP JOHN T WALKER SCHOOL FOR BOYS Washington, DC | ANNUAL GALA DONATION | $20,000 |
| MBA OPENS DOORS FOUNDATION Washington, DC | MBA DONATION + MATCHING | $20,000 |
| NATIONAL ASSOCIATION OF REAL ESTATE BROKERS Lanham, MD | NATIONAL PARTNERSHIP | $20,000 |
| LENDERS ONE St Louis, MO | LENDERS 1 CONFERENCE/SUMMIT SPONSORSHIP | $12,500 |
| THE CMG FOUNDATION Richmond, VA | SPONSORSHIP | $12,500 |
| CATHOLIC FOUNDATION OF SOUTHWESTERN MICHIGAN Kalamazoo, MI | DONATION | $10,300 |
| HOMEOWNERSHIP COUNCIL OF AMERICA Washington, DC | GENERAL SUPPORT | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $178,379,827 | $174,097,655 | $167,149,281 |
| Revenue | $61,785,785 | $59,651,769 | $68,643,483 |
| Expenses | $63,280,987 | $61,957,282 | $64,533,754 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $5,226,618 | $4,418,800 | $4,301,190 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS August 7, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS August 11, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 11, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 15, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS August 17, 2026)
Leadership & Key People
Officers and directors from IRS filings
Mortgage Bankers Association is led by Robert D. Broeksmit, President & CEO since 2021 (on filings since 2019); 19 of 67 officers listed in 2025 are compensated.
Officers on the 2025 filing
Robert D. Broeksmit
President & CEO
President & CEO → President, CEO & Ex-Officio, 2020
President, CEO & Ex-Officio → President & CEO, 2021
On filings since 2019
34.7 hrs/week
$434K (2019) → $2M (2025)
Peter J. Grace
Senior Vice President, Membership, Executive Director, Tech & Strategy
CIO, Senior Vice President, Strategy & Member Services → CIO, Senior Vice President, Strategy & Member, 2024
CIO, Senior Vice President, Strategy & Member → Senior Vice President, Membership, Executive Director, Tech & Strategy, 2025
On filings since 2019
35 hrs/week
$394K (2019) → $469K (2025)
Laura Escobar
Chair
Vice Chair → Chair-Elect, 2024
Chair-Elect → Chair, 2025
On filings since 2020
4 hrs/week
$2K (2023) → $13K (2025)
Elaine Howard Harrington
Vice President & Meetings
Vice President & Conferences → Vice President & Meetings, 2025
On filings since 2019
35 hrs/week
$318K (2019) → $337K (2025)
Gordon R. Mills
Senior Vice President, Residential Policy & Strategic Industry Engag
Senior Vice President, Res. Policy & Member Eng. → Senior Vice President, Res. Policy & Member Engagement, 2023
Senior Vice President, Res. Policy & Member Engagement → Senior Vice President, Residential Policy & Strategic Industry Engag, 2025
On filings since 2019
35 hrs/week
$575K (2019) → $661K (2025)
J. David Motley
Board Member
Immediate Past Chairman → Board Member, 2021
On filings since 2019
0.5 hrs/week
$3K (2019) → $0 (2025)
James Woodwell
Vice President, Commercial Real Estate & Research
Vice President & Commercial Real Estate Res. → Vice President & Commercial Real Estate, 2024
Vice President & Commercial Real Estate → Vice President, Commercial Real Estate & Research, 2025
On filings since 2019
35 hrs/week
$307K (2019) → $342K (2025)
John Mechem
Vice President & Public Affairs
On filings since 2019
35 hrs/week
$304K (2019) → $318K (2025)
Lisa J. Haynes
Senior Vice President, CFO & Div. Officer
Senior Vice President, CFO, Chief Div. & Inclusion Officer → Senior Vice President, CFO & Chief Div., 2024
Senior Vice President, CFO & Chief Div. → Senior Vice President, CFO & Div. Officer, 2025
On filings since 2019
33.7 hrs/week
$311K (2019) → $371K (2025)
Marcia M. Davies
Senior Vice President & Chief Operating Officer
COO → Chief Operating Officer, 2023
Chief Operating Officer → Senior Vice President & Chief Operating Officer, 2025
On filings since 2019
34.7 hrs/week
$1.1M (2019) → $876K (2025)
Mark A. Jones
Immediate Past Chair
Chair-Elect → Chair, 2024
Chair → Immediate Past Chair, 2025
On filings since 2019
1 hr/week
$4K (2022) → $0 (2025)
Michael C. Fratantoni
Chief Economist, Senior Vice President, Research & Industry Tech.
Chief Econ., Senior Vice President of Resr. & Ind. Tech → Chief Econ. & Senior Vice President of Resr., 2024
Chief Econ. & Senior Vice President of Resr. → Chief Economist, Senior Vice President, Research & Industry Tech., 2025
On filings since 2019
32.5 hrs/week
$387K (2019) → $497K (2025)
Stephen O'Connor
Senior Vice President & Affordable Housing
Senior Vice President & Aff. Housing Initiatives → Senior Vice President & Affordable Housing Initiatives, 2023
Senior Vice President & Affordable Housing Initiatives → Senior Vice President & Affordable Housing, 2025
On filings since 2019
35 hrs/week
$414K (2019) → $368K (2025)
William P. Killmer
Senior Vice President, Legislative & Political Affairs
Senior Vice President, Legislative & Political Affairs → Senior Vice President, Legislative & Politic, 2024
Senior Vice President, Legislative & Politic → Senior Vice President, Legislative & Political Affairs, 2025
On filings since 2019
35 hrs/week
$569K (2019) → $634K (2025)
Michael W. Briggs
Senior Vice President & General Counsel
Senior Vice President, Gc & From → Senior Vice President, 2022
Senior Vice President → Senior Vice President & General Counsel, 2023
On filings since 2020
32.7 hrs/week
$209K (2021) → $397K (2025)
Christine R. Chandler
Chair-Elect
Board Member → Vice Chair, 2024
Vice Chair → Chair-Elect, 2025
On filings since 2021
7 hrs/week
$4K (2024) → $9K (2025)
Michael P. Flood
Senior Vice President, Committee & Multifamily
Senior Vice President, Cref & Multifam. From → Senior Vice President, Cref & Multifamily, 2022
Senior Vice President, Cref & Multifamily → Senior Vice President, Committee & Multifamily, 2025
On filings since 2021
35 hrs/week
$428K (2021) → $587K (2025)
Owen V. Lee
Vice Chair
Board Member → Vice Chair, 2025
On filings since 2021
4 hrs/week
$3K (2025)
Astrid D. Vermeer
Senior Vice President & Chief Financial Officer
New on the 2025 filing
33.7 hrs/week
$113K (2025)
Freddy Feliz
CIO, Vice President & Information Technology
New on the 2025 filing
35 hrs/week
$318K (2025)
Marina Walsh
Vice President & Industry Analysis
New on the 2025 filing
35 hrs/week
$321K (2025)
Christopher M. George
Board Member
Chairman → Immediate Past Chairman, 2020
Immediate Past Chairman → Board Member, 2022
On filings since 2019
0.5 hrs/week
No compensation reported
Debra W. Still
Board Member
On filings since 2019
0.5 hrs/week
No compensation reported
Eduardo Perez
Board Member
On filings since 2019
0.5 hrs/week
No compensation reported
Jeffrey C. Taylor
Board Member
On filings since 2019
0.5 hrs/week
No compensation reported
Peter R. Norden
Board Member
On filings since 2019
0.5 hrs/week
No compensation reported
Susan T. Stewart
Board Member
Immediate Past Chairman → Immediate Past Chair, 2023
Immediate Past Chair → Board Member, 2025
On filings since 2019
0.5 hrs/week
No compensation reported
Thomas L. Wind
Board Member
On filings since 2019
0.5 hrs/week
No compensation reported
Christine C. Rhea
Board Member
On filings since 2020
0.5 hrs/week
No compensation reported
John M. Hedlund
Board Member
On filings since 2020
0.5 hrs/week
No compensation reported
Eric Gates
Board Member
On filings since 2021
0.5 hrs/week
No compensation reported
Michael S. Tanner
Board Member
On filings since 2021
0.5 hrs/week
No compensation reported
Nina Ghamsari
Board Member
On filings since 2021
0.5 hrs/week
No compensation reported
Patrick Carey
Board Member
On filings since 2021
0.5 hrs/week
No compensation reported
Jack Gay
Board Member
On filings since 2022
0.5 hrs/week
No compensation reported
Jeff Weidell
Board Member
On filings since 2022
0.5 hrs/week
No compensation reported
Jeffrey Majewski
Board Member
On filings since 2022
0.5 hrs/week
No compensation reported
Brian Hanson
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
David Brickman
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Gene Lugat
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Greg Michaud
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Jeff Friedman
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Rohit Gupta
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Steven Paisance
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Tawn Kelley
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Bill Banfield
Board Member
On filings since 2024
0.5 hrs/week
No compensation reported
David Battany
Board Member
On filings since 2024
0.5 hrs/week
No compensation reported
David Gansberg
Board Member
On filings since 2024
0.5 hrs/week
No compensation reported
James Sias
Board Member
On filings since 2024
0.5 hrs/week
No compensation reported
Jay Bray
Board Member
On filings since 2024
0.5 hrs/week
No compensation reported
Kate Dekay
Board Member
On filings since 2024
0.5 hrs/week
No compensation reported
Pat Dodd
Board Member
On filings since 2024
4 hrs/week
No compensation reported
Quentin Fogan
Board Member
On filings since 2024
0.5 hrs/week
No compensation reported
Sean Grzebin
Board Member
On filings since 2024
0.5 hrs/week
No compensation reported
Susanne Livingston
Board Member
On filings since 2024
0.5 hrs/week
No compensation reported
Daniel Sugg
Board Member
New on the 2025 filing
0.5 hrs/week
No compensation reported
David Smith
Board Member
New on the 2025 filing
0.5 hrs/week
No compensation reported
Deborah Jones
Board Member
New on the 2025 filing
0.5 hrs/week
No compensation reported
Hillary Provinse
Board Member
New on the 2025 filing
0.5 hrs/week
No compensation reported
Jack Cohen
Board Member
New on the 2025 filing
0.5 hrs/week
No compensation reported
Karen Kreutziger-Powell
Board Member
New on the 2025 filing
0.5 hrs/week
No compensation reported
Kevin Reen
Board Member
New on the 2025 filing
0.5 hrs/week
No compensation reported
Michael Innis-Thompson
Board Member
New on the 2025 filing
0.5 hrs/week
No compensation reported
Nancy Weissgold
Board Member
New on the 2025 filing
0.5 hrs/week
No compensation reported
Robert Slatt
Board Member
New on the 2025 filing
0.5 hrs/week
No compensation reported
Tim Bowler
Board Member
New on the 2025 filing
0.5 hrs/week
No compensation reported
William Nelson
Board Member
New on the 2025 filing
0.5 hrs/week
No compensation reported
Former officers (59)
- Former: Mark O'Donovan (2021–2024) — Board Member
- Former: Elaine Howard (2022–2024) — Vice President & Meetings
- Former: Matthew G. Rocco Sr. (2022–2024) — Immediate Past Chair
- Former: Eddy Perez (2023–2024) — Board Member
- Former: Justin Wiseman (2024) — Vice President & Regulatory Affairs
- Former: Teressa Lurk (2024) — Vice President, Marketing & Design
- Former: Kristy Fercho (2019–2023) — Immediate Past Chair
- Former: Stanley C. Middleman (2019–2023) — Board Member
- Former: Kurt Pfotenhauer (2020–2023) — Board Member
- Former: Mary Ann McGarry (2020–2023) — Board Member
- Former: William Lowman (2020–2023) — Board Member
- Former: David Spector (2022–2023) — Board Member
- Former: Jeffrey Schummer (2022–2023) — Vice President & Education
- Former: Jim Wehmann (2022–2023) — Board Member
- Former: Joe Tyrrell (2022–2023) — Board Member
- Former: Sonya Luechauer (2022–2023) — Board Member
- Former: Tamara King (2023) — Vice President of Strategic Industry Engagement
- Former: William Newman (2023) — Board Member
- Former: Angela G. Mago (2019–2022) — Board Member
- Former: Byron L. Boston (2019–2022) — Board Member
- Former: Jay Plum (2019–2022) — Board Member
- Former: Matthew E. Galligan (2019–2022) — Board Member
- Former: Todd Chamberlain (2019–2022) — Board Member
- Former: Tricia Migliazzo (2019–2022) — Vice President & Member Engagement
- Former: William C. Emerson (2019–2022) — Board Member
- Former: Gary N. Otten (2020–2022) — Board Member
- Former: Albert P. Blank (2021–2022) — Board Member
- Former: Claudia J. Merkle (2021–2022) — Board Member
- Former: Andrew Rippert (2019–2021) — Board Member
- Former: Brian F. Stoffers (2019–2021) — Immediate Past Chairman
- Former: Christopher Labianca (2019–2021) — Board Member
- Former: Frank D. Martell (2019–2021) — Board Member
- Former: Helen R. Kanovsky (2019–2021) — Senior Vice President
- Former: Jonathan M. Corr (2019–2021) — Board Member
- Former: Richard G. Thornberry (2019–2021) — Board Member
- Former: T. Anthony Premer (2019–2021) — Board Member
- Former: Erin Stafford (2020–2021) — Board Member
- Former: Howard Elaine (2021) — Vice President, Conferences & Meetings
- Former: Matt G. Rocco Sr. (2021) — Vice Chairman
- Former: Mechem John (2021) — Vice President & Public Affairs
- Former: Migliazzo Tricia (2021) — Vice President & Member Engagement
- Former: Schummer Jeffrey (2021) — Vice President & Education
- Former: Woodwell Jamie (2021) — Vice President & Committee Real Est. Research
- Former: Fowler C. Williams (2019–2020) — Board Member
- Former: Gary D. Clark (2019–2020) — Board Member
- Former: Kathryn Marquart (2019–2020) — Vice President, Commercial & Multi Family
- Former: Michael J. Devito (2019–2020) — Board Member
- Former: Thomas K. Kim (2019–2020) — Senior Vice President & Cref Policy
- Former: William M. Walker (2019–2020) — Board Member
- Former: Scott Bassin (2020) — Board Member
- Former: D. Steve Boland (2019) — Board Member
- Former: David H. Stevens (2019) — Former President & CEO
- Former: Julie Piepho (2019) — Board Member
- Former: Michael C. May (2019) — Board Member
- Former: Michael Heagerty (2019) — Board Member
- Former: Michael Weinbach (2019) — Board Member
- Former: Philip Defronzo (2019) — Board Member
- Former: Thomas S. Dennard (2019) — Board Member
- Former: William M. Cosgrove (2019) — Board Member
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
Frequently asked questions about Mortgage Bankers Association
How much does Mortgage Bankers Association give each year?
Mortgage Bankers Association gave $298K across 18 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $303K across 15 grants.
What is Mortgage Bankers Association's typical grant size?
Mortgage Bankers Association's median grant in 2025 was $10,150, and its average grant was $16,528, across 18 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Mortgage Bankers Association that year got $13K on average.
Where does Mortgage Bankers Association give grants?
Mortgage Bankers Association gives mostly in District of Columbia: 50% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest states were Maryland (34%) and Virginia (7%). The most frequent recipient cities were Washington, DC (10 grants).
Does Mortgage Bankers Association give general operating support?
Yes: 11% of Mortgage Bankers Association's 2025 grants with a stated purpose (2 of 18) were for general or operating support, per its 2025 IRS Form 990.
Who are Mortgage Bankers Association's largest grantees?
Mortgage Bankers Association's largest 2025 grantees include Homefree-USA Inc ($50,000), Housing Solutions Coalition ($50,000) and Children's National Hospital Foundation ($30,500), according to its 2025 IRS Form 990. Together they received 44% of its itemized 2025 grant dollars.
How large is Mortgage Bankers Association?
Mortgage Bankers Association reported $178.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $61.8M.
What is Mortgage Bankers Association's EIN?
Mortgage Bankers Association's EIN (Employer Identification Number) is 36-1505650. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Mortgage Bankers Association by hand.
Explore Open Grants
Browse active grant opportunities in Mortgage Bankers Association's focus areas in our free grants database
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