CONFERENCE OF STATE BANK SUPERVISORS INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CONFERENCE OF STATE BANK SUPERVISORS INC (EIN 52-2080072)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-12
- IRS object ID
- 202503169349302660
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-12T09:37:45-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4650 EAST 53RD STREET | AddressLine1Txt |
| City | DAVENPORT | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 528073479 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 522080072 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONFERENCE OF STATE BANK SUPERVISORS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CONF | BusinessNameControlTxt |
| Phone | 2022962840 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 I STREET NW 700 E | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LEILA GREEN | PersonNm |
| Person Title | EXECUTIVE VICE PRESIDENT/CFO | PersonTitleTxt |
| Phone | 2022962840 | PhoneNum |
| Signature | 2025-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JENIFER L CHASE | PreparerPersonNm |
| PTIN | P01306883 | PTIN |
| Phone | 5638884000 | PhoneNum |
| Preparation | 2025-11-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BRANDON MILHORN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 I STREET NW 700 E | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $97,592,138 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CSBS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1996 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | THE CONFERENCE OF STATE BANK SUPERVISORS (CSBS) IS THE PROFESSIONAL ORGANIZATION OF FINANCIAL REGULATORS FROM ALL 50 STATES, THE DISTRICT OF COLUMBIA, GUAM, PUERTO RICO, THE U.S. VIRGIN ISLANDS. CSBS ADVOCATES FOR THE DUAL BANKING SYSTEM AND PROVIDES STATES WITH CRITICAL INFRASTRUCTURE FOR FOSTERING INNOVATIVE, RESPONSIVE SUPERVISION. CSBS, ON BEHALF OF STATE REGULATORS, ALSO OPERATES THE NATIONWIDE MULTISTATE LICENSING SYSTEM & REGISTRY (NMLS). STATES USE THE NMLS TO LICENSE AND REGISTER FINANCIAL SERVICE PROVIDERS AND ITS SUPERVISORY COMPONENT, THE STATE EXAMINATION SYSTEM (SES) TO HARMONIZE AND AUTOMATE SUPERVISORY PROCESSES, STREAMLINING EXAMINATIONS AND IMPROVING OVERSIGHT OF NONBANK FINANCIAL INSTITUTIONS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 20 | VotingMembersIndependentCnt |
| Total Employee | 196 | TotalEmployeeCnt |
| Total Volunteers | 96 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $88,223,172 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $91,709,863 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,621,856 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,874,275 | CYInvestmentIncomeAmt |
| PY Other Revenue | $8,000 | PYOtherRevenueAmt |
| CY Other Revenue | $8,000 | CYOtherRevenueAmt |
| PY Total Revenue | $92,853,028 | PYTotalRevenueAmt |
| CY Total Revenue | $97,592,138 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,056,937 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,728,053 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $35,148,066 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $35,162,294 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $52,802,380 | PYOtherExpensesAmt |
| CY Other Expenses | $53,605,290 | CYOtherExpensesAmt |
| PY Total Expenses | $90,007,383 | PYTotalExpensesAmt |
| CY Total Expenses | $91,495,637 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,845,645 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,096,501 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $224,901,153 | TotalAssetsBOYAmt |
| Total Assets EOY | $242,487,406 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $41,436,661 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $50,677,969 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $183,464,492 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $191,809,437 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF THE CONFERENCE OF STATE BANK SUPERVISORS (CSBS) IS TO SUPPORT THE LEADERSHIP ROLE OF STATE BANKING SUPERVISORS IN ADVANCING THE STATE BANKING SYSTEM AND BENEFIT THE PUBLIC BY ENSURING SAFETY AND SOUNDNESS, PROMOTING ECONOMIC GROWTH AND CONSUMER PROTECTION, AND FOSTERING INNOVATIVE STATE REGULATION OF THE FINANCIAL SERVICES INDUSTRY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $71,928,004 | ExpenseAmt |
| Grant | $333,160 | GrantAmt |
| Revenue | $84,371,418 | RevenueAmt |
| Desc | CONFERENCE OF STATE BANK SUPERVISORS (CSBS), ON BEHALF OF STATE REGULATORS, OWNS AND OPERATES NMLS, AN ONLINE LICENSING, REGISTRATION, AND SUPERVISORY PLATFORM THAT BRINGS REGULATORY EFFICIENCY AND ACCOUNTABILITY TO THE MORTGAGE INDUSTRY AND OTHER NONBANK FINANCIAL SERVICES PROVIDERS.NMLS OPERATIONS BEGAN JAN. 2, 2008. CONGRESS RECOGNIZED THE VALUE OF THE NEW SYSTEM AND THAT JULY CODIFIED NMLS IN THE SECURE AND FAIR ENFORCEMENT FOR MORTGAGE LICENSING ACT OF 2008. KNOWN AS THE "SAFE ACT," THE LAW WAS ENACTED TO ENHANCE CONSUMER PROTECTION AND REDUCE FRAUD THROUGH REQUIRED MINIMUM STANDARDS FOR THE LICENSING AND REGISTRATION OF STATE-LICENSED MORTGAGE LOAN ORIGINATORS (MLOS). THE LAW ALSO CALLS ON STATES TO IMPLEMENT AND ENFORCE THESE STANDARDS, REQUIRING MLOS TO MEET PRE-LICENSURE AND ANNUAL CONTINUING EDUCATION REQUIREMENTS.STATE-LICENSED FINANCIAL SERVICES COMPANIES AND MLOS MUST MAINTAIN AN ACTIVE LICENSE THROUGH NMLS, WHILE FEDERALLY REGULATED DEPOSITORY INSTITUTIONS (E.G., BANKS AND CREDIT UNIONS) AND THE MLOS THEY EMPLOY MUST MAINTAIN AN ACTIVE REGISTRATION. CONGRESS MANDATES THAT STATE LICENSEES AND FEDERAL REGISTRANTS MUST RENEW THEIR MORTGAGE STATE LICENSE AND FEDERAL REGISTRATION, RESPECTIVELY, ON AN ANNUAL BASIS.IN 2024, MORE THAN 550,000 INDIVIDUALS WERE LICENSED OR REGISTERED THROUGH NMLS, MORE THAN 34,000 COMPANIES HELD A STATE LICENSE, AND ANOTHER 8,000 COMPANIES HELD A FEDERAL REGISTRATION. WHILE ALL REGISTRATIONS ARE FROM THE MORTGAGE INDUSTRY, THE LICENSES ARE HELD BY FIRMS ENGAGED IN ANY OF THE 70-PLUS NONBANK FINANCIAL ACTIVITIES FOR WHICH STATES REQUIRE LICENSING, INCLUDING MORTGAGE, MORTGAGE SERVICING, MONEY SERVICES BUSINESSES, CONSUMER FINANCE AND DEBT COLLECTION. RECOGNIZING TECHNOLOGICAL ADVANCES OVER THE PAST 16 YEARS, CSBS HAS TAKEN STEPS TO UPDATE THE NMLS PLATFORM. THIS YEAR, WE UPGRADED THE LOGIN PROCESS, ALLOWING USERS TO RECOVER THEIR PASSWORD WITHOUT CONTACTING THE CALL CENTER AND TO CONSOLIDATE MULTIPLE NMLS ACCOUNTS USING ONLY ONE LOGIN. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $9,965,055 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $7,230,554 | RevenueAmt |
| Desc | THE GOVERNMENT RELATIONS FUNCTION OF CONFERENCE OF STATE BANK SUPERVISORS IS THE RESPONSIBILITY OF THE POLICY AND SUPERVISION DIVISION. THE DIVISION COVERS LEGISLATIVE ISSUES AND ADVOCACY, REGULATORY POLICY, BANK SUPERVISION PRACTICES AND COORDINATION, NONBANK SUPERVISION, AND CONSUMER PROTECTION. THE WORK OF THE DIVISION FOCUSES ON THE DIVERSITY OF THE BANKING INDUSTRY, TAILORING REGULATION, AND SERVING AS STATE REGULATORS' LIAISON WITH FEDERAL FINANCIAL REGULATORS. STAFF ALSO ENGAGE IN EFFORTS TO ENHANCE THE EFFECTIVENESS OF STATE SUPERVISION OF BANKS AND NONBANK ENTITIES, INCLUDING FINANCIAL TECHNOLOGY, OR FINTECH, COMPANIES. WE DEDICATE CONSIDERABLE TIME AND RESOURCES TO ASSISTING THE STATES IN THE COORDINATION OF MULTI-STATE SUPERVISION OF THE NONBANK MORTGAGE INDUSTRY. COLLECTIVELY, OUR GOAL IS TO ENSURE THE STATE FINANCIAL REGULATORY SYSTEM IS STRONGLY REPRESENTED IN THE FORMATION OF FEDERAL PUBLIC POLICY. WE MEET THIS GOAL BY MAINTAINING REGULAR CONTACT WITH STATE SUPERVISORS TO BE AWARE OF CURRENT ISSUES AND COORDINATE BEST PRACTICES FOR THE BENEFIT OF THE SYSTEM. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,394,893 | ExpenseAmt |
| Grant | $2,394,893 | GrantAmt |
| Desc | CONFERENCE OF STATE BANK SUPERVISORS (CSBS) PROVIDES ANNUAL OPERATING SUPPORT TO THE CSBS EDUCATION FOUNDATION, A RELATED 501(C)(3) EDUCATIONAL FOUNDATION, TO ASSIST THE FOUNDATION IN CARRYING OUT ITS MISSION. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $316,438 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $110,385 | RevenueAmt |
| Desc | THE COMMUNICATIONS TEAM PROMOTES THE ORGANIZATION'S PRIORITIES THROUGH STRATEGY AND INFRASTRUCTURE; COMMUNICATIONS MANAGES AND STRENGTHENS CONFERENCE OF STATE BANK SUPERVISORS' (CSBS) VOICE, MESSAGING, AND IDENTITY ACROSS AUDIENCES THROUGH SPEAKING ENGAGEMENTS, MEDIA RELATIONS, EDITORIAL CONTENT, AND DIGITAL MARKETING, INCLUDING THE CSBS WEBSITE AND SOCIAL MEDIA CHANNELS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $316,438 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $110,385 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $84,604,390 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 61 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 196 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 20 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEILA GREEN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2022962840 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 I STREET NW 700 E | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| CHARLIE CLARK | |||||||||
| CHAIR (AS OF 6/24) | 3.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| TONY SALAZAR | |||||||||
| CHAIR ELECT (AS OF 6/24) | 3.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| LISE KRUSE | |||||||||
| IMMEDIATE PAST CHAIR (AS OF 6/24) | 3.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| RHOSHUNDA KELLY | |||||||||
| VICE CHAIR (AS OF 6/24) | 3.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KELLY J LAMMERS | |||||||||
| TREASURER (AS OF 6/24) | 3.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| SUSANNAH T MARSHALL | |||||||||
| SECRETARY (AS OF 6/24) | 3.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ADRIENNE HARRIS | |||||||||
| MEMBER-AT-LARGE | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DARRYLE RUDE | |||||||||
| MEMBER-AT-LARGE | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS FITE | |||||||||
| FOUNDATION BOARD CHAIR | 3.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KEVIN HAGLER | |||||||||
| SRR CHAIR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARY GALLAGHER | |||||||||
| LEG CMTE CHAIR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERTA HOLLINSHEAD | |||||||||
| REG CMTE CHAIR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MELANIE G HALL | |||||||||
| NDS CMTE CHAIR (THROUGH 5/24) | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAWN HOLSTEIN | |||||||||
| SSPC CHAIR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MIKE HILL | |||||||||
| CO-CHAIR, BAB | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BRET AFDAHL | |||||||||
| NON DEPOSITORY COMMITTEE CHAIR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JORGE PEREZ | |||||||||
| DISTRICT I CHAIR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KEVIN ALLARD | |||||||||
| DISTRICT II CHAIR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KATE BOSKEN | |||||||||
| DISTRICT III CHAIR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CHARLES COOPER | |||||||||
| DISTRICT IV CHAIR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PATTIE PERKINS | |||||||||
| DISTRICT V CHAIR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LEILA GREEN | |||||||||
| EVP AND CFO, FINANCE AND OFFICE OPS | 37.50 | 3.00 | Yes (X) | $297,392 | $23,791 | $78,047 | |||
| BRANDON MILHORN | |||||||||
| PRESIDENT AND CEO | 37.50 | 3.00 | Yes (X) | $645,999 | $51,680 | $241,624 | |||
| NGOC VU | |||||||||
| CHIEF INFORMATION OFFICER | 37.50 | 3.00 | $384,822 | $30,785 | $91,383 | Yes (X) | |||
| MARGARET LIU | |||||||||
| EVP, GENERAL COUNSEL | 37.50 | 3.00 | $378,969 | $30,318 | $100,978 | Yes (X) | |||
| VICKIE PECK | |||||||||
| EVP, PRODUCTS & SOLUTIONS | 37.50 | 3.00 | $349,475 | $27,959 | $69,505 | Yes (X) | |||
| KELLY HAIRE | |||||||||
| EVP, PEOPLE OPERATIONS | 37.50 | 3.00 | $314,779 | $25,183 | $90,571 | Yes (X) | |||
| KAREN LAWSON | |||||||||
| EVP, POLICY & SUPERVISION | 37.50 | 3.00 | $308,604 | $24,688 | $43,067 | Yes (X) | |||
| KEVIN QUINN | |||||||||
| SVP, ENTERPRISE INFRASTRUCTURE | 37.50 | 3.00 | $290,150 | $23,212 | $83,756 | Yes (X) | |||
| LEONARD CHANIN | |||||||||
| CHIEF COUNSEL TO THE PRESIDENT | 37.50 | 3.00 | $330,658 | $26,452 | $44,950 | Yes (X) | |||
| KRIS ROWLEY | |||||||||
| CHIEF DATA OFFICER | 37.50 | 3.00 | $273,508 | $21,880 | $71,392 | Yes (X) | |||
| MARY QUIST | |||||||||
| SVP, BANK SUPERVISION | 37.50 | 3.00 | $255,921 | $20,473 | $73,699 | Yes (X) | |||
| WAHID KARIM | |||||||||
| CHIEF ARCHITECT, ENTERPRISE ARCHITECTURE | 37.50 | 3.00 | $264,342 | $21,148 | $47,691 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,094,619 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $327,569 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,036,663 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 136 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FINANCIAL INDUSTRY REGULATORY AUTHORITY | |||||
| 9509 KEY WEST AVENUE | ROCKVILLE | MD | 20850 | NMLS DEVELOPMENT/HOSTING | $25,385,517 |
| CONCENTRIX CVG DELWARE INTERNATIONAL INC | |||||
| 201 EAST 4TH STREET | CINCINNATI | OH | 45202 | NMLS CALL CENTER | $4,691,156 |
| FEDERAL BUREAU OF INVESTIGATION CJIS DI | |||||
| 100 CUSTER HOLLOW ROAD | CLARKSBURG | WV | 26306 | FINGERPRINT IDENTIFICATION | $3,190,871 |
| ACI PAYMENTS | |||||
| 660 CONVENTRY DRIVE | ELKHORN | NE | 68022 | NMLS- CREDIT CARD FEES | $3,176,472 |
| FIELDPRINT | |||||
| 12000 COMMERCE PARKWAY STE 100 | MT LAUREL | NJ | 08504 | FINGERPRINT SERVICES | $2,663,532 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 41 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| NMLS PROCESSING FEES | 518210 | $74,695,210 | $74,695,210 |
| MLO TESTING/EDUCATION | 900099 | $9,673,714 | $9,673,714 |
| MEMBERSHIP DUES/ASSESSMENTS | 900099 | $7,230,554 | $7,230,554 |
| EVENTS/SUMMITS | 900099 | $110,385 | $110,385 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $91,709,863 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,874,275 | TotalRevenueColumnAmt |
| Exclusion | $5,874,275 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MANAGEMENT FEES | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $8,000 | TotalRevenueColumnAmt |
| Exclusion | $8,000 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $8,000 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $97,592,138 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $91,709,863 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,882,275 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,394,893 | TotalAmt |
| Program Services | $2,394,893 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $333,160 | TotalAmt |
| Program Services | $333,160 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,340,391 | TotalAmt |
| Program Services | $2,888,701 | ProgramServicesAmt |
| Management And General | $451,690 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,085,264 | TotalAmt |
| Program Services | $21,817,914 | ProgramServicesAmt |
| Management And General | $2,267,350 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,944,320 | TotalAmt |
| Program Services | $2,208,240 | ProgramServicesAmt |
| Management And General | $736,080 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,853,515 | TotalAmt |
| Program Services | $2,140,136 | ProgramServicesAmt |
| Management And General | $713,379 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,938,804 | TotalAmt |
| Program Services | $1,454,103 | ProgramServicesAmt |
| Management And General | $484,701 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $421,490 | TotalAmt |
| Program Services | $385,118 | ProgramServicesAmt |
| Management And General | $36,372 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $592,176 | TotalAmt |
| Program Services | $559,772 | ProgramServicesAmt |
| Management And General | $32,404 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $445,732 | TotalAmt |
| Program Services | $445,732 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,178 | TotalAmt |
| Program Services | $53,730 | ProgramServicesAmt |
| Management And General | $12,448 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,754,965 | TotalAmt |
| Program Services | $6,622,488 | ProgramServicesAmt |
| Management And General | $132,477 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,595 | TotalAmt |
| Program Services | $119,108 | ProgramServicesAmt |
| Management And General | $4,487 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,168,228 | TotalAmt |
| Program Services | $4,138,283 | ProgramServicesAmt |
| Management And General | $29,945 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,083,278 | TotalAmt |
| Program Services | $6,852,790 | ProgramServicesAmt |
| Management And General | $230,488 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,115,385 | TotalAmt |
| Program Services | $836,539 | ProgramServicesAmt |
| Management And General | $278,846 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $723,606 | TotalAmt |
| Program Services | $694,897 | ProgramServicesAmt |
| Management And General | $28,709 | ManagementAndGeneralAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,350 | TotalAmt |
| Program Services | $6,350 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $820,193 | TotalAmt |
| Program Services | $447,375 | ProgramServicesAmt |
| Management And General | $372,818 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,318,291 | TotalAmt |
| Program Services | $5,103,299 | ProgramServicesAmt |
| Management And General | $214,992 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $344,146 | TotalAmt |
| Program Services | $258,109 | ProgramServicesAmt |
| Management And General | $86,037 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| MLO EDUC COURSE FEES | $14,164,383 | $14,164,383 | |
| FINGERPRINT PROCESSING | $5,981,870 | $5,981,870 | |
| MLO TESTING FEES | $4,082,345 | $4,082,345 | |
| SUBSCRIPTIONS | $636,722 | $536,468 | $100,254 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $756,357 | TotalAmt |
| Program Services | $78,587 | ProgramServicesAmt |
| Management And General | $677,770 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,495,637 | TotalAmt |
| Program Services | $84,604,390 | ProgramServicesAmt |
| Management And General | $6,891,247 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $300,417 | BOYAmt |
| EOY | $500,018 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,418,843 | BOYAmt |
| EOY | $49,227,684 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,797,958 | BOYAmt |
| EOY | $1,570,372 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,999,411 | BOYAmt |
| EOY | $3,557,296 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $108,929,344 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $69,430,789 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,792,110 | BOYAmt |
| EOY | $39,498,555 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $137,168,970 | BOYAmt |
| EOY | $134,090,062 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,423,444 | BOYAmt |
| EOY | $14,043,419 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $224,901,153 | BOYAmt |
| EOY | $242,487,406 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,982,156 | BOYAmt |
| EOY | $18,700,969 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,017,194 | BOYAmt |
| EOY | $5,613,237 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,971,225 | BOYAmt |
| EOY | $1,932,605 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,466,086 | BOYAmt |
| EOY | $24,431,158 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,436,661 | BOYAmt |
| EOY | $50,677,969 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $168,911,022 | BOYAmt |
| EOY | $177,260,167 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,553,470 | BOYAmt |
| EOY | $14,549,270 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $183,464,492 | BOYAmt |
| EOY | $191,809,437 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $224,901,153 | BOYAmt |
| EOY | $242,487,406 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $6,096,501 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,248,444 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $92,015,923 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $114,424,808 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $102,060,324 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $88,223,172 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $91,709,863 | CurrentTaxYearAmt |
| Total | $488,434,090 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $92,015,923 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $114,424,808 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $102,060,324 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $88,223,172 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $91,709,863 | CurrentTaxYearAmt |
| Total | $488,434,090 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,960,322 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,490,866 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $25,114,220 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,844,331 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,083,816 | CurrentTaxYearAmt |
| Total | $45,493,555 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,960,322 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,490,866 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $25,114,220 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,844,331 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,083,816 | CurrentTaxYearAmt |
| Total | $45,493,555 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $442,940,535 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,926,851 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,012,547 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,622,316 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,663,089 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,874,275 | CurrentTaxYearAmt |
| Total | $25,099,078 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,926,851 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,012,547 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,622,316 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,663,089 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,874,275 | CurrentTaxYearAmt |
| Total | $25,099,078 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,440 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,000 | CurrentTaxYearAmt |
| Total | $41,440 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $95,950,774 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $119,445,355 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $107,692,080 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $92,894,261 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $97,592,138 | CurrentTaxYearAmt |
| Total | $513,574,608 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.86250 | PublicSupportCY509Pct |
| Public Support PY509 | 0.85570 | PublicSupportPY509Pct |
| Investment Income CY | 0.04890 | InvestmentIncomeCYPct |
| Investment Income PY | 0.04910 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MANAGEMENT FEES - 2020 AMOUNT: $ 8,000. 2021 AMOUNT: $ 8,000. 2022 AMOUNT: $ 8,000. 2023 AMOUNT: $ 8,000. 2024 AMOUNT: $ 8,000. MISCELLANEOUS REVENUE - 2022 AMOUNT: $ 1,440. | ExplanationTxt |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $445,732 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $445,732 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $91,049,905 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $91,495,637 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $367,504 | CurrentYearMinus3Amt |
| Current Year Minus2 | $469,619 | CurrentYearMinus2Amt |
| Current Year Minus1 | $493,837 | CurrentYearMinus1Amt |
| Current Year | $445,732 | CurrentYearAmt |
| Total | $1,776,692 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | Yes (1) | AgentTrusteeEtcInd |
| Beginning Balance | $151,685 | BeginningBalanceAmt |
| Additions During Year | $360,005,840 | AdditionsDuringYearAmt |
| Distributions During Year | $359,962,398 | DistributionsDuringYearAmt |
| Ending Balance | $195,127 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,279,691 | OtherCostOrOtherBasisAmt |
| Depreciation | $606,921 | DepreciationAmt |
| Book Value | $3,672,770 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,631,440 | OtherCostOrOtherBasisAmt |
| Depreciation | $937,929 | DepreciationAmt |
| Book Value | $693,511 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $103,018,213 | OtherCostOrOtherBasisAmt |
| Depreciation | $67,885,939 | DepreciationAmt |
| Book Value | $35,132,274 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $39,498,555 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| FUNDED DEFERRED COMPENSATION | $2,986,904 |
| OFFICE SPACE RENT DEPOSIT | $216,428 |
| OPERATING LEASE RIGHT-OF-USE ASSET | $10,840,087 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $14,043,419 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED COMPENSATION LIABILITY | $2,986,904 |
| DUE TO RELATED ORGANIZATION | $545,904 |
| OPERATING LEASE LIABILITIES | $20,898,350 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $24,431,158 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 1B: | WE ARE A TEMPORARY CUSTODIAN OF FUNDS COLLECTED FROM MORTGAGE LICENSEES WHO USE NMLS. THESE FUNDS ARE NOT RECORDED ON OUR BALANCE SHEET. WE RECEIVE THE FUNDS IN A BANKING ACCOUNT. WE THEN REMIT THE COLLECTED FUNDS THE SAME DAY THEY ARE RECEIVED TO THE APPROPRIATE STATE AGENCIES. |
| PART IV, LINE 2B: | FROM TIME TO TIME, IN THE NORMAL COURSE OF TRANSACTIONS WITH STATES, CONFERENCE OF STATE BANK SUPERVISORS (CSBS) HOLDS AMOUNTS ON ACCOUNT FOR INDIVIDUAL STATES. AT THE DIRECTION OF INDIVIDUAL STATES, CSBS HOLDS THESE FUNDS FOR FUTURE USE SUCH AS TRAINING OR EDUCATIONAL PROGRAMS SPONSORED BY CSBS, INCLUDING COSPONSORED DAY WITH THE COMMISSIONER PROJECTS IN VARIOUS INDIVIDUAL STATES. THE BALANCE OF THESE ACCOUNTS AT DECEMBER 31, 2024 AND 2023, WAS $90,668 AND $87,186, RESPECTIVELY. AS A RESULT OF THE NATIONAL MORTGAGE SETTLEMENT IN 2012, $65,000,000 WAS DISTRIBUTED TO CSBS, OF WHICH, $16,000,000 WAS GRANTED DIRECTLY TO CSBS FOR CREATING A STATE REGULATORY FUND. THE REMAINING $49,000,000 WAS TO BE DISTRIBUTED TO THE 49 STATES WHICH WERE A PARTY TO THE SETTLEMENT WITH CSBS ACTING AS THE ESCROW AGENT. SINCE 2012 CSBS HAS DISTRIBUTED THE FUNDS TO THE STATES AS DIRECTED BY THE STATES. AS OF DECEMBER 31, 2024 AND 2023, CSBS HELD $1,475,466 AND $1,488,973, RESPECTIVELY. DURING 2020, $414,135 WAS DISTRIBUTED TO CSBS FOR THE AMERIQUEST SETTLEMENT FUND. THE FUND IS INTENDED TO BE DISTRIBUTED TO THE 50 STATES AND THE DISTRICT OF COLUMBIA WHICH WERE A PARTY TO THE SETTLEMENT WITH CSBS ACTING AS THE ESCROW AGENT. CSBS WILL DISTRIBUTE THE FUNDS TO THE STATES AS DIRECTED BY THE STATES SUBJECT TO APPROVAL BY A SPECIAL COMMITTEE INDEPENDENT OF CSBS. AS OF BOTH DECEMBER 31, 2024 AND 2023, CSBS HELD $366,471 AND $395,066 IN THE AMERIQUEST SETTLEMENT FUND. |
| PART X, LINE 2: | CONFERENCE OF STATE BANK SUPERVISORS (CSBS) AND THE CSBS EDUCATION FOUNDATION, A RELATED TAX EXEMPT ORGANIZATION, ARE BOTH EXEMPT FROM THE PAYMENT OF INCOME TAXES ON THEIR EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND ARE CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A)(2) AND SECTION 509(A)(3) OF THE IRC, RESPECTIVELY. SRR HAS BEEN RULED BY THE INTERNAL REVENUE SERVICE TO BE A SINGLE-MEMBER DOMESTIC LIMITED LIABILITY COMPANY AND IS THEREFORE DISREGARDED AS A SEPARATE ENTITY FOR INCOME TAX PURPOSES. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, CSBS MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF CSBS AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS INCOME TAX (UBIT). THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE REPORTING PERIODS INCLUDED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CSBS EDUCATION FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 I STREET NW 700 E | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 521347951 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $2,394,893 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | SUPPORTS THE EDUCATION AND TRAINING OF STATE BANK AND MORTGAGE REGULATORS | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | NMLS CONFERENCE SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 160 | RecipientCnt |
| Cash Grant | $173,960 | CashGrantAmt |
| Non Cash Assistance | $159,200 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | COMPLIMENTARY CONFERENCE REGISTRATION FEE | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | CONFERENCE OF STATE BANK SUPERVISORS (CSBS) AND STATE REGULATORY REGISTRY (SRR) PROVIDE SUPPORT TO CONFERENCE OF STATE BANK EDUCATION FOUNDATION (THE FOUNDATION), AS THE FOUNDATION SERVES AS THE EDUCATIONAL ARM OF CSBS. THE GOVERNING BOARD OF CSBS RECEIVES UPDATES ON THE PROGRAM ACCOMPLISHMENTS OF THE FOUNDATION. NMLS CONFERENCE SCHOLARSHIPS ARE FOR THE REGISTRATION FEE FOR THE CONFERENCE. NO FUNDS ARE TRANSFERRED TO THE RECIPIENTS FOR THE REGISTRATION FEE, AND TRAVEL EXPENSES TO THE CONFERENCE ARE ONLY REIMBURSED AFTER GOING THROUGH AN INTERNAL REVIEW AND APPROVAL PROCESS FOR SCHOLARSHIP EXPENSE COMPLIANCE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BRANDON MILHORN | ||||||||||||||
| PRESIDENT AND CEO | $622,685 | $49,815 | $0 | $0 | $23,314 | $1,865 | $179,306 | $14,344 | $44,420 | $3,554 | $869,725 | $69,578 | $0 | $0 |
| MARGARET LIU | ||||||||||||||
| EVP, GENERAL COUNSEL | $364,549 | $29,164 | $0 | $0 | $14,420 | $1,154 | $49,384 | $3,951 | $44,114 | $3,529 | $472,467 | $37,798 | $0 | $0 |
| NGOC VU | ||||||||||||||
| CHIEF INFORMATION OFFICER | $368,904 | $29,512 | $0 | $0 | $15,918 | $1,273 | $51,400 | $4,112 | $33,214 | $2,657 | $469,436 | $37,554 | $0 | $0 |
| VICKIE PECK | ||||||||||||||
| EVP, PRODUCTS & SOLUTIONS | $336,756 | $26,941 | $0 | $0 | $12,719 | $1,018 | $46,291 | $3,703 | $18,066 | $1,445 | $413,832 | $33,107 | $0 | $0 |
| KELLY HAIRE | ||||||||||||||
| EVP, PEOPLE OPERATIONS | $306,395 | $24,512 | $0 | $0 | $8,384 | $671 | $43,328 | $3,466 | $40,534 | $3,243 | $398,641 | $31,892 | $0 | $0 |
| LEONARD CHANIN | ||||||||||||||
| CHIEF COUNSEL TO THE PRESIDENT | $319,655 | $25,572 | $0 | $0 | $11,003 | $880 | $41,389 | $3,311 | $232 | $18 | $372,279 | $29,781 | $0 | $0 |
| LEILA GREEN | ||||||||||||||
| EVP AND CFO, FINANCE AND OFFICE OPS | $292,064 | $23,365 | $0 | $0 | $5,328 | $426 | $39,927 | $3,194 | $32,339 | $2,587 | $369,658 | $29,572 | $0 | $0 |
| KEVIN QUINN | ||||||||||||||
| SVP, ENTERPRISE INFRASTRUCTURE | $287,994 | $23,039 | $0 | $0 | $2,156 | $173 | $35,978 | $2,878 | $41,574 | $3,326 | $367,702 | $29,416 | $0 | $0 |
| KAREN LAWSON | ||||||||||||||
| EVP, POLICY & SUPERVISION | $304,018 | $24,321 | $0 | $0 | $4,586 | $367 | $37,945 | $3,036 | $1,931 | $155 | $348,480 | $27,879 | $0 | $0 |
| KRIS ROWLEY | ||||||||||||||
| CHIEF DATA OFFICER | $270,649 | $21,652 | $0 | $0 | $2,859 | $228 | $33,549 | $2,684 | $32,555 | $2,604 | $339,612 | $27,168 | $0 | $0 |
| MARY QUIST | ||||||||||||||
| SVP, BANK SUPERVISION | $254,135 | $20,330 | $0 | $0 | $1,786 | $143 | $31,666 | $2,533 | $36,574 | $2,926 | $324,161 | $25,932 | $0 | $0 |
| WAHID KARIM | ||||||||||||||
| CHIEF ARCHITECT, ENTERPRISE ARCHITEC | $261,667 | $20,934 | $0 | $0 | $2,675 | $214 | $31,411 | $2,513 | $12,747 | $1,020 | $308,500 | $24,681 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 4B | BRANDON MILHORN, PRESIDENT AND CEO, PARTICIFICATED IN A NONQUALIFIED DEFERRED COMPENSATION PLAN UNDER SECTION 457(F). IN 2024, THE DEFINED BENEFIT ACCRUAL AMOUNT OF $130,000 IS REPORTED AS DEFERRED COMPENSATION ON FORM 990, PART VII AND SCHEDULE J, PART II. THERE WERE NO DISTRIBUTIONS FROM THE PLAN IN 2024. |
| PART I, LINE 7 | CONFERENCE OF STATE BANK SUPERVISORS PROVIDES NON-FIXED INCENTIVE COMPENSATION PAYMENTS TO THEIR EMPLOYEES. LEADERSHIP ENGAGES IN MAKING INCENTIVE COMPENSATION PAYMENT RECOMMENDATIONS BASED ON LEADERSHIP'S ASSESSMENT OF THE INDIVIDUAL EMPLOYEES' PERFORMANCE AND OVERALL CONTRIBUTION DURING THE YEAR. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE SHALL HAVE ALL THE POWERS OF THE BOARD, EXCEPT THOSE ENUMERATED BELOW, AND SHALL ACT IN LIEU OF THE BOARD BETWEEN SCHEDULED BOARD MEETINGS. ALL ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE SHALL BE APPROVED BY THE BOARD AT ITS NEXT SCHEDULED MEETING. THE EXECUTIVE COMMITTEE IS NOT EMPOWERED TO APPROVE SALARY CHANGES OR NON-BUDGETED EXPENSES ABOVE $5,000. THE EXECUTIVE COMMITTEE CONSISTS OF THE SITTING OFFICERS AND THE IMMEDIATE PAST CHAIRPERSON. |
| FORM 990, PART VI, SECTION A, LINE 6 | REGULAR VOTING MEMBERSHIP IN THE CONFERENCE OF STATE BANK SUPERVISORS (CSBS) IS LIMITED TO THE STATE OFFICER HAVING RESPONSIBILITY FOR THE SUPERVISION OF STATE-CHARTERED BANKING INSTITUTIONS IN EACH STATE, THE DISTRICT OF COLUMBIA, GUAM, PUERTO RICO, AND THE VIRGIN ISLANDS, OR A REPRESENTATIVE DULY DESIGNATED BY SUCH OFFICER WHO IS ALSO AN EMPLOYEE OF THE STATE BANKING DEPARTMENT OF THAT JURISDICTION. CSBS' OTHER CLASSES OF MEMBERSHIP, WHICH INCLUDE STATE-CHARTERED BANKING INSTITUTIONS, STATE BANKERS' ASSOCIATIONS, AND ASSOCIATES, DO NOT HAVE AN OFFICIAL VOTE IN ANY MEETING OF CSBS AND ARE NOT ELIGIBLE TO HOLD AN ELECTED OFFICE IN CSBS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE OFFICERS OF THE CONFERENCE OF STATE BANK SUPERVISORS (CSBS) BOARD OF DIRECTORS, WHICH INCLUDE THE CHAIRMAN, CHAIRMAN-ELECT, VICE CHAIRMAN, SECRETARY, AND TREASURER, ARE ELECTED BY THE REGULAR VOTING MEMBERSHIP AT THE ANNUAL MEETING OF THE CONFERENCE. ADDITIONALLY, THE REGULAR MEMBERS ARE DIVIDED INTO FIVE GEOGRAPHICAL DISTRICTS, AND THEY ELECT A DISTRICT CHAIRMAN AND A DISTRICT VICE CHAIRMAN FROM THE REGULAR MEMBERSHIP IN EACH RESPECTIVE DISTRICT TO REPRESENT THE DISTRICT ON THE CSBS BOARD. |
| FORM 990, PART VI, SECTION A, LINE 7B | PROPOSALS FOR THE AMENDMENT OR REPEAL OF THE BYLAWS MAY BE MADE BY ANY TEN REGULAR MEMBERS OF CONFERENCE OF STATE BANK SUPERVISORS BY SUBMITTING A WRITTEN REQUEST SPECIFYING THE CHANGES PROPOSED TO THE CHAIRMAN OF THE BOARD OF DIRECTORS. ALL SUCH PROPOSALS WOULD THEN BE CONSIDERED BY THE MEMBERSHIP AT AN ANNUAL OR SPECIAL MEETING OF THE REGULAR MEMBERS, AND THE BYLAWS COULD BE AMENDED OR REPEALED BY A TWO-THIRDS VOTE OF THE REGULAR MEMBERS OR DULY DESIGNATED REPRESENTATIVES ENROLLED AS ATTENDING THE MEETING. |
| FORM 990, PART VI, SECTION B, LINE 11B | CONFERENCE OF STATE BANK SUPERVISORS' MANAGEMENT TEAM REVIEWS THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. IN ADDITION, THE FORM 990 IS EMAILED TO THE BOARD OF DIRECTORS AND POSTED IN THE BOARD PORTAL FOR THEIR REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 12C | A REVISED CONFLICT OF INTEREST POLICY WAS ADOPTED IN DECEMBER 2023 COVERING CONFERENCE OF STATE BANK SUPERVISORS (CSBS) AND ITS AFFILIATED ORGANIZATIONS. AS PART OF THE POLICY, EACH YEAR ALL CSBS EMPLOYEES, MEMBERS OF THE BOARD OF DIRECTORS, AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS ARE REQUIRED TO SIGN A STATEMENT THAT THEY HAVE READ AND UNDERSTAND THE POLICY, THAT THEY AGREE TO COMPLY WITH THE POLICY AND DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. EACH FORM IS REVIEWED BY THE CSBS GENERAL COUNSEL TO DETERMINE IF ANY FINANCIAL INTERESTS ARE POTENTIAL CONFLICTS OF INTEREST. POTENTIAL CONFLICTS FOR CSBS EMPLOYEES ARE REVIEWED BY THE CHIEF EXECUTIVE OFFICER AND IF THE POTENTIAL CONFLICT IS GREATER THAN $5,000, THE CSBS AUDIT COMMITTEE WILL ALSO BE CONSULTED. EACH POTENTIAL CONFLICT RELATED TO A MEMBER OF THE BOARD OF DIRECTORS OR COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS WILL BE SUBMITTED TO AND REVIEWED BY THE CHAIRMAN OF THE BOARD (OR IN THE CASE WHERE THE CONFLICT INVOLVES THE CHAIRMAN OF THE BOARD, THE VICE CHAIRMAN) OF THE RESPECTIVE ORGANIZATION, THE CHIEF EXECUTIVE OFFICER, AND THE PRESIDENT OF THE RESPECTIVE ORGANIZATION OR AFFILIATE (IF DIFFERENT). |
| FORM 990, PART VI, SECTION B, LINE 15 | CONFERENCE OF STATE BANK SUPERVISORS (CSBS) HAS A FORMAL POLICY STATING THAT THE PROCESS FOR DETERMINING THE COMPENSATION OF ITS OFFICERS AND KEY EMPLOYEES SHALL INCLUDE (1) REVIEW AND APPROVAL BY THE FINANCE, COMPENSATION, AND BENEFITS COMMITTEE OF CSBS, (2) USE OF DATA AS TO COMPARABLE COMPENSATION, AND (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. THE FINANCE, COMPENSATION AND BENEFITS COMMITTEE OF THE CSBS BOARD OF DIRECTORS HAS BEEN ESTABLISHED IN THE BYLAWS AS A STANDING COMMITTEE, WHICH DEFINES THAT THE COMMITTEE IS RESPONSIBLE FOR REVIEWING THE ANNUAL BUDGET AND ESTABLISHING THE INVESTMENT AND GENERAL COMPENSATION AND BENEFITS POLICIES FOR RECOMMENDATION TO THE BOARD OF DIRECTORS FOR APPROVAL. MEMBERS OF THE EXECUTIVE COMMITTEE CONDUCT AN ANNUAL PERFORMANCE REVIEW OF THE PRESIDENT. THE FINANCE, COMPENSATION, AND BENEFITS COMMITTEE COMPLETED THEIR LAST REVIEW IN JULY 2020. THE CHIEF EXECUTIVE OFFICER'S CONTRACT (INCLUDING COMPENSATION) WAS VOTED AND APPROVED BY THE FULL BOARD OF DIRECTORS IN NOVEMBER 2023. |
| FORM 990, PART VI, SECTION C, LINE 19 | NO DOCUMENTS AVAILABLE TO THE PUBLIC. |
| FORM 990, PART IX, LINE 18: | WE ARE AN ASSOCIATION OF STATE BANKING OFFICIALS AND REIMBURSE THOSE OFFICIALS FROM TIME TO TIME FOR TRAVEL EXPENSES RELATED TO CONDUCT OF REQUIRED DUTIES OF THE ORGANIZATION. |
| FORM 990, PART XII, LINE 2C: | CONFERENCE OF STATE BANK SUPERVISORS' OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR TAX YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STATE REGULATORY REGISTRY LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 I STREET NW 700 E | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205641694 | EIN |
| Primary Activities | THE DEVELOPMENT AND OPERATION OF NMLS | PrimaryActivitiesTxt |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Total Income | $79,825,727 | TotalIncomeAmt |
| End Of Year Assets | $196,571,983 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONFERENCE OF STATE BANK SUPERVISORS INC | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CSBS EDUCATION FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 I STREET NW 700 E | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521347951 | EIN |
| Primary Activities | TO ENHANCE STATE FINANCIAL SUPERVISION THROUGH EDUCATION AND TRAINING | PrimaryActivitiesTxt |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 10 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONFERENCE OF STATE BANK SUPERVISORS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| CSBS EDUCATION FOUNDATION | ||
| B | $2,394,893 | COST |
| CSBS EDUCATION FOUNDATION | ||
| N | $185,868 | ALLOCATION |
| CSBS EDUCATION FOUNDATION | ||
| O | $397,749 | ALLOCATION |
Comments