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Nonprofit · EIN 23-7323361

COLORADO MBA

Tax-exempt · CENTENNIAL, CO 80112

Financials

$561K$638K2023$535K$619K2024
Revenue Expenses · by fiscal year end
Financials of COLORADO MBA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$534,909$619,009-$84,100$411,174$232,001$179,173
December 31, 2023990$560,797$637,564-$76,767$566,988$303,715$263,273
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$209,264
Membership dues
$194,054
Program service revenue
$307,374
Investment income
$11,351
Other revenue
$6,920

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$220,953
Salaries, compensation and benefits (total)
$220,953
Professional fundraising fees
$0
Accounting fees
$39,679
Occupancy
$4,259
Travel
$6,213
Program services (functional)
$207,176
Management and general (functional)
$411,833

Balance sheet and other

Total assets, start of year
$566,988
Total assets, end of year
$411,174
Total liabilities, end of year
$232,001
Net assets, end of year
$179,173
Net assets without donor restrictions
$156,643
Net assets with donor restrictions
$22,530
Gross receipts
$555,896
Employees
3
Volunteers
0
Year formed
1956
State of legal domicile
CO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
BETTY KNECHTEXECUTIVE DIRECTOR
Trustee or director
40$95,218
DEB MEOGROSSIGOVERNOR
Trustee or director
0$0
KIM FEDERSPIELCHAIRMAN
Trustee or director, Officer
0$0
THOMAS KENNEDYGOVERNOR
Trustee or director
0$0
TODD CROWLEYGOVERNOR
Trustee or director
0$0
JIM HUNTERCHAIRMAN
Trustee or director, Officer
0$0
DAVE LANDINGOVERNOR
Trustee or director
0$0
JEFF MAYGOVERNOR
Trustee or director
0$0
ELIZABETH MILLIONGOVERNOR
Trustee or director
0$0
ANGEL ROMERODIRECTOR
Trustee or director
0$0
ROD SHUSTERCHAIR ELECT
Trustee or director, Officer
0$0
TARA HEALYGOVERNOR
Trustee or director
0$0
TJ LILEGOVERNOR
Trustee or director
0$0
BRENT IVINSONGOVERNOR
Trustee or director
0$0
CALVIN EVANSGOVERNOR
Trustee or director
0$0
27 more people on this return
NameTitleHours / weekCompensation
PAUL FRANKEGOVERNOR
Trustee or director
0$0
NATE HALVERSONDIRECTOR
Trustee or director
0$0
KATE MURPHYDIRECTOR
Trustee or director
0$0
PAIGE OMOHUNDROPRESIDENT ELECT
Trustee or director, Officer
0$0
MICHAEL SHERERDIRECTOR
Trustee or director
0$0
TOM KIMBALLGOVERNOR
Trustee or director
0$0
JULIE PIEPHOGOVERNOR
Trustee or director
0$0
LEAH DIRKSGOVERNOR
Trustee or director
0$0
KEN RICHEYSECRETARY TREASURER
Trustee or director, Officer
0$0
KALEN RICHEYDIRECTOR
Trustee or director
0$0
KENNY BURCHDIRECTOR
Trustee or director
0$0
CHERYL BRAUNSCHWEIGERDIRECTOR
Trustee or director
0$0
ANDREA HEBERLEINDIRECTOR
Trustee or director
0$0
LONNIE JENKINSGOVERNOR
Trustee or director
0$0
BRAD KOSTALNIKDIRECTOR
Trustee or director
0$0
LUANA SLETTEDAHLDIRECTOR
Trustee or director
0$0
CALVIN EVANSPRESIDENT
Trustee or director, Officer
0$0
STACEY KIMBERLYDIRECTOR
Trustee or director
0$0
SIMON KAFATIDIRECTOR
Trustee or director
0$0
SAUL NIETODIRECTOR
Trustee or director
0$0
SEAN BERRYDIRECTOR
Trustee or director
0$0
MINDE HARPERDIRECTOR
Trustee or director
0$0
DENA FALBODIRECTOR
Trustee or director
0$0
TOM MALLOYDIRECTOR
Trustee or director
0$0
CODY HARTGOVERNOR
Trustee or director
0$0
LONNIE JENKINSDIRECTOR
Trustee or director
0$0
PAIGE OMOHUNDROGOVERNOR
Trustee or director
0$0
990 for the year ended December 31, 2023: 43 people
NameTitleHours / weekCompensation
BETTY KNECHTEXECUTIVE DIRECTOR
Trustee or director
40$96,361
DEB MEOGROSSIPAST CHAIRMAN (2022/2023)
Trustee or director
0$0
KIM FEDERSPIELCHAIRMAN
Trustee or director, Officer
0$0
THOMAS KENNEDYGOVERNOR
Trustee or director
0$0
TODD CROWLEYGOVERNOR
Trustee or director
0$0
BRAD GROVESGOVERNOR
Trustee or director
0$0
STACEY HARDINGGOVERNOR
Trustee or director
0$0
GENE HUMPHRIESGOVERNOR
Trustee or director
0$0
JIM HUNTERVICE CHAIRMAN
Trustee or director, Officer
0$0
DAVE LANDINGOVERNOR
Trustee or director
0$0
PETE LANSINGGOVERNOR
Trustee or director
0$0
JEFF MAYGOVERNOR
Trustee or director
0$0
ELIZABETH MILLIONGOVERNOR
Trustee or director
0$0
GREG OSBORNEGOVERNOR
Trustee or director
0$0
ANGEL ROMERODIRECTOR
Trustee or director
0$0
ROD SHUSTERSECRETARY-TREASURER
Trustee or director, Officer
0$0
TARA HEALYGOVERNOR
Trustee or director
0$0
TJ LILEDIRECTOR
Trustee or director
0$0
KIM WOODCOCKPAST PRESIDENT 2022/2023
Trustee or director
0$0
COLE SJOHOLMPRESIDENT
Trustee or director, Officer
0$0
BRENT IVINSONGOVERNOR
Trustee or director
0$0
CALVIN ANN EVANS1ST VICE PRESIDENT
Trustee or director, Officer
0$0
PAUL FRANKEGOVERNOR
Trustee or director
0$0
NATE HALVERSONDIRECTOR
Trustee or director
0$0
CRIS WHITEGOVERNOR
Trustee or director
0$0
MICHELLE BURKEDIRECTOR
Trustee or director
0$0
KATE MURPHYDIRECTOR
Trustee or director
0$0
PAIGE OMOHUNDRO2ND VICE PRESIDENT
Trustee or director, Officer
0$0
MICHAEL SHERERDIRECTOR
Trustee or director
0$0
LEORA RUZINDIRECTOR
Trustee or director
0$0
TOM KIMBALLGOVERNOR
Trustee or director
0$0
JULIE PIEPHOGOVERNOR
Trustee or director
0$0
LEAH DIERKSGOVERNOR
Trustee or director
0$0
KEN RICHEYGOVERNOR
Trustee or director
0$0
KALEN RICHEYDIRECTOR
Trustee or director
0$0
DEANN STODDENGOVERNOR
Trustee or director
0$0
KENNY BURCHDIRECTOR
Trustee or director
0$0
CHERYL BRAUNSCHWEIGERDIRECTOR
Trustee or director
0$0
ANDREA HEBERLEINDIRECTOR
Trustee or director
0$0
LONNIE JENKINSDIRECTOR
Trustee or director
0$0
AMANDA JONESDIRECTOR
Trustee or director
0$0
BRAD KOSTALNIKDIRECTOR
Trustee or director
0$0
LUANA SLETTEDAHLDIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
8200 S QUEBEC ST STE A3 PMB 743, CENTENNIAL, CO 80112-3194
Principal officer (990 for 2024)
KEN RICHEY, 8200 S QUEBEC STREET SUITE A3 743, CENTENNIAL, CO 80112
Signed the 990
KEN RICHEY, SECRETARY-TREASURER
Phone
(303) 773-9565
Return prepared by
RM ADVISORY LLC

Mission

THE COLORADO MORTGAGE LENDERS ASSOCIATION IS AN ORGANIZATION COMMITTED TO RESPONSIBLE HOMEOWNERSHIP ACHIEVED THROUGH THE PRACTICE OF INTEGRITY-BASED LENDING. WE SERVE OUR COMMUNITY THROUGH EFFECTIVE EDUCATION, PRINCIPLED REPRESENTATION, AND GRACIOUS NETWORKING TO ADVANCE FREE ENTERPRISE AND THE HIGHEST ETHICAL STANDARDS IN THE MORTGAGE LENDING INDUSTRY.

990 for the year ended December 31, 2024

Program accomplishments

  • CMLA PROVIDES EDUCATION AND INFORMATION TO ITS MEMBERS RELATED TO THE MORTGAGE LENDING INDUSTRY. IT ALSO PROVIDES NETWORKING FORUMS, LEGISLATION MONITORING, AND PROBLEM SOLVING TASK FORCES.
    Expenses $207,176 · revenue $307,374

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7323361
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1974
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$411,174
Income (IRS master file)
$555,896

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$534,909$619,009$411,174XML
990December 2023$560,797$637,564$566,988XML
990December 2022$775,208$789,432$518,058IRS
990December 2021–––IRS
990December 2020–––IRS
990July 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7323361).

Questions about COLORADO MBA

What is the EIN of COLORADO MBA?
The employer identification number (EIN) of COLORADO MBA is 23-7323361.
Is COLORADO MBA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1974.
Are donations to COLORADO MBA tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does COLORADO MBA file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of COLORADO MBA due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COLORADO MBA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of COLORADO MBA?
The 990 for the year ended December 31, 2024 names KEN RICHEY.
Who are the officers and directors of COLORADO MBA?
The 990 for the year ended December 31, 2024 lists 42 people; 1 received compensation from the organization, the highest $95,218 (BETTY KNECHT, EXECUTIVE DIRECTOR).
How much revenue does COLORADO MBA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $534,909, expenses of $619,009 and total assets of $411,174 at year end.

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