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EIN 20-1367183

Massachusetts Mortgage Bankers Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Boston
State
Massachusetts
Year formed
2005
Most recent tax filings
2022-12-01
NTEE code, primary
T30: Public Foundations
Description
The Massachusetts Mortgage Bankers Foundation promotes and educates affordable housing within the Commonwealth of Massachusetts. They provide funding for various community development organizations in the Greater Boston area to support tax exempt entities. Their programs focus on educating and promoting affordable housing, and they are located in Boston, MA. The grants given by this foundation are cash-based and do not establish a grantee relationship.
Total revenues
$16,911
2022
Total expenses
$10,900
2022
Total assets
$348,398
2022
Num. employees
n/a

Who funds Massachusetts Mortgage Bankers Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Massachusetts Mortgage Bankers AssociationThe Organization Provides Grants at the Discretion of the Board of Directors and Only To Organizations Related To Its Mission.$6,581
Eastern Bank Foundation Foundation / K / A Eastern Bank Charitable Foundation (EBCF)Exempt Purpose$3,500

Personnel at Massachusetts Mortgage Bankers Foundation

NameTitleCompensation
Deborah SousaSecretary$0
Mounzer AylouchePresident / Director and Mmba Chair$0
Mounzer Aylouche DirectorPresident

Financials for Massachusetts Mortgage Bankers Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$16,900
Program services$0
Membership dues$0
Investment income and dividends$11
Net gain from sale of non-inventory assets$0
Net income from gaming activities and fundraising events, combined$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$16,911

Form 990s for Massachusetts Mortgage Bankers Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-122022-11-09990EZView PDF
2020-122021-11-09990EZView PDF
2019-122021-05-19990EZView PDF
2018-122019-11-15990EZView PDF
2017-122019-02-21990EZView PDF
...and 9 more Form 990s
Data update history
July 28, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
July 6, 2023
Updated personnel
Identified 2 new personnel
June 26, 2023
Received grants
Identified 1 new grant, including a grant for $3,500 from Eastern Bank Foundation Foundation / K / A Eastern Bank Charitable Foundation (EBCF)
June 2, 2023
Updated personnel
Identified 2 new personnel
June 30, 2022
Posted financials
Added Form 990EZ for fiscal year 2019
Nonprofit Types
Grantmaking organizationsCharities
Issues
Community improvement
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
185 Devonshire St Suite 703
Boston, MA 02110
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
massmba.com/i4a/pages/index.cfm?pageid=3369 
Phone
(617) 570-9114
IRS details
EIN
20-1367183
Fiscal year end
December
Taxreturn type
Form 990-EZ
Year formed
2005
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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