2021-11-05T14:55:26-05:00 2020-12-31 521754364 E COHEN AND COMPANY CPAS 1 RESEARCH COURT SUITE 400 ROCKVILLE MD 20850 990 2020-01-01 464272890 US MORTGAGE INSURERS USMO 2022801820 1101 17TH STREET NW NO 700 WASHINGTON DC 20036 LINDSEY JOHNSON PRESIDENT 2022801820 2021-11-04 1 LINDSEY JOHNSON XXX-XX-XXXX MATTHEW DUVALL CPA P01324790 3016913600 2021-11-04 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z LINDSEY JOHNSON 1101 17TH STREET NW NO 700 WASHINGTON DC 20036 2111000 0 X WWW.USMI.ORG X 2013 DC REPRESENTING AND ADVANCING THE INTEREST OF THE UNITED STATES MORTGAGE INSURANCE INDUSTRY AND PROMOTING A WELL-FUNCTIONING HOUSING FINANCE SYSTEM. 5 5 0 5 0 0 0 0 1945700 2111000 0 0 0 0 1945700 2111000 0 0 0 0 0 0 0 0 0 1927797 1989793 1927797 1989793 17903 121207 1612131 1841433 157437 265532 1454694 1575901 REPRESENTING AND ADVANCING THE INTERESTS OF THE UNITED STATES MORTGAGE INSURANCE INDUSTRY AND PROMOTING A WELL-FUNCTIONING HOUSING FINANCE SYSTEM. 0 0 ADVOCACY PROGRAM: ADVOCATE FOR THE PRIORITIES OF THE PRIVATE MORTGAGE INSURANCE INDUSTRY AT THE FEDERAL AND STATE LEVEL TO CREATE A STRONG HOUSING FINANCE SYSTEM AND ENSURE ACCESS TO HOMEOWNERSHIP WHILE PROTECTING TAXPAYERS. PUBLIC RELATIONS PROGRAM: USE VARIOUS PUBLIC RELATIONS CAMPAIGNS AND MEDIA PLATFORMS TO PROMOTE THE BENEFITS OF PRIVATE MORTGAGE INSURANCE TO POLICYMAKERS, MORTGAGE MARKET PARTICIPANTS, AND BORROWERS, INCLUDING THAT THE INDUSTRY FACILITATES BORROWER ACCESS TO AFFORDABLE AND SUSTAINABLE MORTGAGES WITHIN A WELL-FUNCTIONING HOUSING FINANCE SYSTEM. REGULATORY PROGRAM: IDENTIFY, ANALYZE AND PROVIDE RECOMMENDATIONS TO STATE AND FEDERAL REGULATORY AGENCIES ON POLICIES PERTAINING TO PRIVATE MORTGAGE INSURANCE AND THE HOUSING FINANCE SYSTEM. COORDINATE WITH MEMBER COMPANIES ON OUTREACH TO STATE DEPARTMENTS OF INSURANCE AND FEDERAL FINANCIAL REGULATORS TO PROMOTE A STRONG HOUSING FINANCE SYSTEM AND ENSURE PRIVATE MORTGAGE INSURANCE INDUSTRY IS WELL POSITIONED TO ENSURE ACCESS TO MORTGAGE CREDIT WHILE PROTECTING TAXPAYERS. 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 DC X VERTO SOLUTIONS LLC 2022935800 1101 17TH STREET NW SUITE 700 WASHINGTON DC 20036 X DEREK BRUMMER CHAIRMAN 2.00 X X 0 0 0 MARK CASALE VICE CHAIRMAN 2.00 X X 0 0 0 ROHIT GUPTA TREASURER/SECRETARY 2.00 X X 0 0 0 TIM MATTKE BOARD MEMBER 2.00 X 0 0 0 BRADLEY SHUSTER BOARD MEMBER 2.00 X 0 0 0 LINDSEY JOHNSON PRESIDENT 40.00 X 0 0 0 0 0 0 0 0 0 0 VERTO SOLUTIONS LLC 1101 17TH STREET NW SUITE 700 WASHINGTON DC 20036 MANAGEMENT SERVICES 985951 1 MEMBERSHIP DUES 900099 2111000 2111000 2111000 2111000 2111000 0 0 X 1013721 185784 18491 310000 356726 11390 5494 1200 SPONSORSHIPS 60361 SUBSCRIPTIONS AND REFER 26626 1989793 1607258 1837760 4873 3673 1612131 1841433 157437 265532 157437 265532 X 1454694 1575901 1454694 1575901 1612131 1841433 121207 0 X X 0 1 X 1 0 0 0 1 2111000 310000 20702 330702 331427 -725 0 X 2111000 0 2111000 0 2111000 1989793 0 1989793 0 1989793 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE ORGANIZATION HAS BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A "PRIVATE FOUNDATION" UNDER SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE. THE INCOME TAX POSITIONS TAKEN BY THE ORGANIZATION FOR ANY YEARS OPEN UNDER THE VARIOUS STATUES OF LIMITATIONS ARE THAT THE ORGANIZATION CONTINUES TO BE EXEMPT FROM INCOME TAXES AND THAT THEY HAVE PROPERLY REPORTED UNRELATED BUSINESS INCOME THAT IS SUBJECT TO INCOME TAXES. THE ORGANIZATION BELIEVES THAT THERE ARE NO TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD SIGNIFICANTLY INCREASE UNRECOGNIZED TAX LIABILITIES WITHIN 12 MONTHS OF THE REPORTING DATE. NONE OF THE ORGANIZATION'S FEDERAL OR STATE INCOME TAX RETURNS ARE CURRENTLY UNDER EXAMINATION. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT COMPANY PROVIDES FACILITIES AND OTHER MANAGEMENT SERVICES TO THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 FIVE U.S. MORTGAGE COMPANIES (ESSENT, ENACT, MGIC, NATIONAL MI, AND RADIAN GUARANTY) ARE MEMBERS OF USMI. THE ORGANIZATION IS OPEN TO ALL ACTIVE U.S. MORTGAGE INSURANCE COMPANIES. FORM 990, PART VI, SECTION A, LINE 7A EACH BOARD MEMBER OF THE ORGANIZATION HAS THE RIGHT TO APPOINT ONE REPRESENTATIVE TO THE BOARD OF DIRECTORS, THE RIGHT TO RECEIVE INFORMATION DISTRIBUTED BY THE ORGANIZATION, AND THE RIGHT TO ATTEND ALL BOARD AND COMMITTEE MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS SHARED VIA EMAIL WITH THE BOARD PRIOR TO FILING. THE DIRECTOR OF FINANCE, PRESIDENT AND CHAIRMAN OF THE BOARD REVIEW FORM 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C USMI HAS A CONFLICT OF INTEREST POLICY THAT APPLIES TO ALL MEMBERS, OFFICERS, DIRECTORS, AND STAFF. ALL ARE REQUIRED TO DISCLOSE ANY CONFLICTS OR POTENTIAL CONFLICTS OF INTEREST TO THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 OTHER DOCUMENTS AVAILABLE UPON REQUEST FROM THE PUBLIC. FORM 990, PART IX, LINE 11G CONSULTANTS 356,726. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR