S โ€” Community Improvement & Capacity BuildingEIN: 386104797ยท Ruling Year: 2002

Michigan Mortgage Lenders Association

Shelby Twp, Michigan

BHealth Score
57B

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Above Average

๐Ÿ’ฐ
$443K
Total Revenue
๐Ÿ“Š
$450K
Total Expenses
๐Ÿฆ
$369K
Net Assets
๐Ÿ“‹
$45K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-8.3%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-1.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.82
Net assets divided by total expenses
Liabilities-to-Assets
10.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$443,360โ†“8%$450,428โ†“2%$414,494โ†“11%
2022$483,302โ†‘11%$459,048โ†‘11%$464,334
2021$435,190โ†‘78%$415,171โ†‘55%$465,613
2020$244,645โ†“41%$268,514โ†“33%$467,104โ†‘5%
2019$414,092โ†“10%$402,841โ†“1%$443,271โ†‘9%
2018$460,791โ†‘5%$406,312$407,599โ†‘10%
2017$440,227โ†‘4%$406,434โ†“1%$371,201โ†‘26%
2016$421,839โ†‘6%$411,298โ†‘14%$294,075โ†“3%
2015$398,893โ†‘27%$361,782โ†‘28%$303,117โ†‘20%
2014$313,848โ†“15%$281,857โ†“7%$252,231โ†‘7%
2013$369,056โ†‘13%$303,595โ†‘4%$235,202โ†‘40%
2012$327,564โ†‘21%$290,728โ†‘3%$167,423โ†‘32%
2011$271,002$281,168$127,269

Frequently Asked Questions

What does Michigan Mortgage Lenders Association do?โ–ผ

Michigan Mortgage Lenders Association is a community improvement & capacity building nonprofit organization based in Michigan. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Michigan Mortgage Lenders Association financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Michigan Mortgage Lenders Association.

How much revenue does Michigan Mortgage Lenders Association generate?โ–ผ

Michigan Mortgage Lenders Association reports $408K in annual revenue and holds $408K in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in Michigan.

Michigan Mortgage Lenders Association โ€” Shelby Twp, MI | GiveScope