2023-10-11T08:24:12-05:00 2022-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2022-01-01 832778151 Housing Policy Council HOUS 2025891923 1220 19th Street NW Ste 720 Washington DC 200362405 Edward J DeMarco President 2025891923 2023-10-11 1 Edward DeMarco XXX-XX-XXXX 1 Lori A Collingsworth P00639819 7038930300 2023-10-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Edward J DeMarco 1220 19th Street NW Ste 720 Washington DC 200362405 4957101 0 X www.housingpolicycouncil.org X 2018 DC 501 (c)(6) business league whose members participate in mortgage finance for residential housing. 32 32 7 0 0 0 0 0 4353700 4908900 10243 40714 0 7487 4363943 4957101 0 0 0 0 2669163 2996722 0 0 0 1155852 1537882 3825015 4534604 538928 422497 3707248 4794060 476175 1140490 3231073 3653570 X The Housing Policy Council believes a competitive marketplace, operating with regulatory consistency and market transparency, is the path to financial stability and sustainable lending practices.See Schedule O for continuation 0 0 Housing Policy Council program focuses on advocacy in the areas of housing regulatory policy, housing finance reform, affordable housing policies, and advanced technology platforms. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 7 1 0 0 0 0 1 1 0 0 0 X 32 32 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X Edward J DeMarco President 2025891923 1220 19th Street NW Ste 720 Washington DC 200362405 Matt Tully Director / Treasurer 0.80 X X 0 0 0 Eric Schuppenhauer Chairman 1.00 X 0 0 0 Doug Jones Vice Chairman 1.00 X 0 0 0 David Gansberg Director 0.80 X 0 0 0 Michael Campbell Director 0.80 X 0 0 0 Jon Hicks Director 0.80 X 0 0 0 Adam Glassner Director 0.40 X 0 0 0 Joe Nackashi Director 0.40 X 0 0 0 Rob Lux Director 0.40 X 0 0 0 Brad Wayman Director 0.40 X 0 0 0 Pete Carroll Director 0.40 X 0 0 0 Rohit Gupta Director 0.40 X 0 0 0 Steve Sorge Director 0.80 X 0 0 0 Jason Nadeau Director 0.40 X 0 0 0 Kurt Pfotenhauer Director 0.80 X 0 0 0 Nathan Vogt Director 0.40 X 0 0 0 Stan Middleman Director 0.40 X 0 0 0 Stacey Slocum Smith Director 0.80 X 0 0 0 Tim Mattke Director 0.80 X 0 0 0 Bill Leatherberry Director 0.80 X 0 0 0 Baron Silverstein Director 0.40 X 0 0 0 Kurt Johnson Director 0.40 X 0 0 0 John Britti Director 0.80 X 0 0 0 Peter McCarthy Director 0.40 X 0 0 0 Deb Still Director 0.40 X 0 0 0 Rick Thornberry Director 0.80 X 0 0 0 Bill Emerson Director 0.80 X 0 0 0 Scott Gillen Director 0.80 X 0 0 0 Todd Chamberlain Director 0.80 X 0 0 0 Bill Greenberg Director 0.40 X 0 0 0 Tom Wind Director 0.80 X 0 0 0 Kristy Fercho Director 0.40 X 0 0 0 Edward DeMarco President 40.00 X 754761 0 44967 Katie Wechsler Secretary 0.80 X 0 0 0 Meg Burns Executive Vice President 40.00 X 566374 0 44937 Matthew Douglas Vice President 40.00 X 225785 0 35059 Bernard Fulton Vice President 40.00 X 222373 0 53752 Michael Gill Senior Vice President 40.00 X 365003 0 74792 Sheryl Pardo Vice President 35.00 X 207263 0 58343 2341559 0 311850 6 0 1 0 Sivon Natter & Wechler 2550 M Street NW Washington DC 20037 Legal 356740 Daniel J Edelman Inc 21992 Network Place Chicago IL 60673 Consulting 168000 The Smith Free Group 1401 K Street NW Washington DC 20005 Consulting 135000 3 Membership Dues 900099 4700000 4700000 Annual Meeting and Sponsorships 900099 208900 208900 4908900 40714 40714 CC Rewards/ Reimbursements 900099 7487 7487 7487 4957101 4908900 0 48201 1411039 1228559 148615 93005 115504 388555 45705 443519 38095 55695 138554 19900 331655 10151 11909 Dues and subscriptions 40938 Bad debt 13206 4534604 454438 448949 3219655 3810367 3755 4006 156511 16298 29400 140213 0 390525 3707248 4794060 476175 598699 0 120000 0 421791 476175 1140490 X 3231073 3653570 3231073 3653570 3707248 4794060 422497 0 X X 0 1 X 1 0 0 0 1 4700000 600000 -789856 -189856 752000 -941856 156511 16298 140213 140213 Right-of-use assets operating lease 376701 Security deposit 13824 390525 Lease liabilities operating lease 421791 421791 X 4957101 0 4957101 0 4957101 4534604 0 4534604 0 4534604 Part X, Line 2: Management has evaluated HPC's tax positions and concluded that the financial statements do not include any uncertain tax positions. X X 0 0 0 Edward DeMarco President 544167 0 210000 0 594 0 42700 0 2267 0 799728 0 0 0 Meg Burns Executive Vice President 456167 0 110000 0 207 0 42700 0 2237 0 611311 0 0 0 Michael Gill Senior Vice President 364616 0 0 0 387 0 42700 0 32092 0 439795 0 0 0 Bernard Fulton Vice President 207166 0 15000 0 207 0 31733 0 22019 0 276125 0 0 0 Sheryl Pardo Vice President 193669 0 13000 0 594 0 29111 0 29232 0 265606 0 0 0 Matthew Douglas Vice President 205704 0 20000 0 81 0 31246 0 3813 0 260844 0 0 0 Form 990, Part III, Line 1, Organization Mission: (continued) Our interest is in the safety and soundness of that system, the equitable and consistent regulatory treatment of all market participants, and the promotion of lending practices that create sustainable home ownership opportunities leading to long-term wealth-building and community-building for families. Members of HPC are committed to working together and with all other stakeholders to realize a housing finance system that expands opportunity, improves the customer experience, improves efficiency, reduces uncertainty, and operates safely and soundly. Form 990, Part VI, Section A, line 6 HPC has one class of voting members. A business entity shall be eligible to be a Member if it applies for membership, meets the criteria set forth below for membership, is approved by the Executive Council, agrees to pay the dues as set and adjusted from time to time, and is a company that is engaged in: (1) lending for, servicing of, dealing in, or investing in first lien mortgages on single-family properties; (2) mortgage insurance, credit enhancement, or title insurance on mortgages backed by single-family properties; or (3) technology, data services, settlement services, or other related financial, technological, or insurance, or data services in direct support of the single-family residential mortgage market. The initial Members of HPC shall be those business entities that on the date of adoption of the Bylaws were members of the unincorporated Housing Policy Council that was associated with the Bank Policy Institute. Form 990, Part VI, Section A, line 7a Each Member shall designate, with approval of the Membership and Governance Committee, one senior officer as its Executive Council representative (HPEC Representative). Only that individual may vote on behalf of that Member in any vote of the Executive Council or governing committee of HPC. Form 990, Part VI, Section A, line 7b Each Member shall have one vote on each matter that may be brought before the membership for a vote, except as explicitly provided in the Bylaws. Form 990, Part VI, Section B, line 11b The 990 is reviewed by the President and then reviewed and approved by the Internal Affairs Committee. The 990 is also shared with the entire board for awareness and comment after the Internal Affairs Committee review and prior to filing with the IRS. Form 990, Part VI, Section B, line 12c Each officer and HPEC Representative shall annually sign a statement which affirms such person: Has received a copy of this conflict of interest policy; Has read and understands the policy; Has agreed to comply with the policy; and Understands that HPC is a trade association or business league, and in order to maintain its federal tax exemption must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Form 990, Part VI, Section B, line 15 The compensation for the HPC President is determined by the Chairman's Committee of the Executive Council, which also reviews and approves compensation for other staff, including all incentive compensation payments. Form 990, Part VI, Section C, line 19 Documents are made available to the public upon request. Form 990, Part XII, Line 2c: The Council's Audit Committee assumes the responsibility for oversight of the audit of its financial statements and selection of an independent accountant.