Ohio Mortgage Bankers Association

EIN: 237111836

Dublin, OH

Total Revenue
$175,887
Total Expenses
$241,221
Total Assets
$87,278
Net Assets
$56,759
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
OH
Phone
6143956155
Tax Period
2024-01-01 to 2024-12-31

Ohio Mortgage Bankers Association, founded in 1971, is a small nonprofit that reported $176K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $241K exceeded revenue, resulting in a 37% operating deficit.

Mission

Promote mortgage banker education and interaction.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $138,507
Program Service Revenue $36,344
Investment Income $1,013
Other Revenue $23
TOTAL REVENUE $175,887

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $48,339
Other Expenses $241,221
TOTAL EXPENSES $241,221

Year-over-Year Comparison

2024 2023 Change
Revenue $175,887 $217,101 -0.2%
Expenses $241,221 $233,490 +0.0%
Net Income $-65,334 $-16,389 +3.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
80

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
14
$91,716
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jay Pascoe Exec Dir and COO 19.00
Director
$91,716 $0 $91,716
Andrew Panagos Trustee 1.00
Director
$0 $0 $0
Shad Berlanger Trustee 1.00
Director
$0 $0 $0
Brooks McDowell Trustee 1.00
Director
$0 $0 $0
Susan Shaffer Trustee 1.00
Director
$0 $0 $0
Jeremy Bowling Trustee 1.00
Director
$0 $0 $0
Russ Ford Trustee 1.00
Director
$0 $0 $0
Molly Woeste Trustee 1.00
Director
$0 $0 $0
John Smit Trustee 1.00
Director
$0 $0 $0
Greg Allen Trustee 1.00
Director
$0 $0 $0
Todd Roth Trustee 1.00
Director
$0 $0 $0
Andre Thompson Trustee 1.00
Director
$0 $0 $0
Kent McKenzie Trustee 1.00
Director
$0 $0 $0
Dean Razek Trustee 1.00
Director
$0 $0 $0
Brian Hewitt Secretary 5.00
Officer
$0 $0 $0
Dawn Carpenter Treasurer 5.00
Officer
$0 $0 $0
Adam Rose Vice Pres 5.00
Officer
$0 $0 $0
Chris Hiner President 5.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $175,887 $241,221 $87,278 $-65,334
2023 $220,063 $233,490 $144,142 $-13,427
2022 $246,704 $220,523 $148,277 $26,181
2021 $194,964 $175,240 $164,118 $19,724
2020 $107,189 $148,703 $164,199 $-41,514
2019 $190,032 $220,391 $189,861 $-30,359
2018 $214,659 $212,588 $188,001 $2,071
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