MORTGAGE BANKERS ASSOCIATION OF AMERICA: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: MORTGAGE BANKERS ASSOCIATION OF AMERICA (EIN 36-1505650)
Tax period: 2010-10-01 to 2011-09-30
Filed: 2012-08-14
IRS object ID: 201202279349301345
Schema version: 2010v3.4
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
Form 990
Schedule C
Schedule D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-08-14T16:00:09-05:00	Timestamp
Tax Period End Date	2011-09-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TATE AND TRYON	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	2021 L STREET NW SUITE 400	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20036	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-10-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	361505650	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	MORTGAGE BANKERS ASSOCIATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	MORT	NameControl
Phone	2025572700	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1717 RHODE ISLAND AVENUE NW NO 400	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20036	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	DAVID H STEVENS	Name
Title	PRESIDENT AND CEO	Title
Phone	2025572700	Phone
Date Signed	2012-08-14	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DEBORAH G KOSNETT	Name
Phone	2022932200	Phone

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	DAVID H STEVENS	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	1717 RHODE ISLAND AVENUE NW NO 400	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20036	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	34490855	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.MORTGAGEBANKERS.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1914	YearFormation
State Legal Domicile	IL	StateLegalDomicile
Activity Or Mission Description	MBA'S PRINCIPAL ACTIVITIES ARE INDUSTRY MEETINGS, EDUCATION, RESEARCH, AND ADVOCACY.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	21	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	18	NbrIndependentVotingMembers
Total Nbr Employees	121	TotalNbrEmployees
Total Nbr Volunteers	2000	TotalNbrVolunteers
Total Gross UBI	1991768	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	0	ContributionsGrantsPriorYear
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	30721443	ProgramServiceRevenuePriorYear
Program Service Revenue CY	33519702	ProgramServiceRevenueCY
Investment Income Prior Year	-48468568	InvestmentIncomePriorYear
Investment Income Current Year	3092	InvestmentIncomeCurrentYear
Other Revenue Prior Year	18014987	OtherRevenuePriorYear
Other Revenue Current Year	963146	OtherRevenueCurrentYear
Total Revenue Prior Year	267862	TotalRevenuePriorYear
Total Revenue Current Year	34485940	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	14681620	SalariesEtcPriorYear
Salaries Etc Current Year	18937756	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	14024410	OtherExpensePriorYear
Other Expenses Current Year	12802898	OtherExpensesCurrentYear
Total Expenses Prior Year	28706030	TotalExpensesPriorYear
Total Expenses Current Year	31740654	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-28438168	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	2745286	RevenuesLessExpensesCY
Total Assets BOY	14810976	TotalAssetsBOY
Total Assets EOY	17771177	TotalAssetsEOY
Total Liabilities BOY	31233302	TotalLiabilitiesBOY
Total Liabilities EOY	35737713	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	-16422326	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	-17966536	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	THE MORTGAGE BANKERS ASSOCIATION (MBA) IS THE NATIONAL ASSOCIATION REPRESENTING THE REAL ESTATE FINANCE INDUSTRY, AN INDUSTRY THAT EMPLOYS MORE THAN 280,000 PEOPLE IN VIRTUALLY EVERY COMMUNITY IN THE COUNTRY. HEADQUARTERED IN WASHINGTON, D.C., MBA INVESTS IN COMMUNITIES ACROSS THE NATION BY ENSURING THE CONTINUED STRENGTH OF THE NATION'S RESIDENTIAL AND COMMERCIAL REAL ESTATE MARKETS; EXPANDING HOMEOWNERSHIP AND EXTENDING ACCESS TO AFFORDABLE HOUSING TO ALL AMERICANS AND SUPPORTING FINANCIAL LITERACY EFFORTS.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Description	MEETINGS & CONFERENCESMBA'S FISCAL YEAR 2011 (FY2011), ENDING SEPTEMBER 30, 2011, SAW MORE THAN 13,500 INDIVIDUAL ATTENDEES AT 15 CONFERENCES AND MEETINGS THAT PROVIDED ATTENDEES WITH TIMELY INFORMATION ABOUT THE ECONOMY, BUSINESS TRENDS, TECHNOLOGICAL INNOVATION AND LEGISLATIVE AND REGULATORY CHANGES AND PROSPECTS. MBA CONDUCTED A SUCCESSFUL ANNUAL CONVENTION IN OCTOBER 2011 IN ATLANTA WITH MORE THAN 3,100 ATTENDEES. THE CREF/MULTIFAMILY HOUSING CONVENTION & EXPO WAS HELD IN SAN DIEGO WITH MORE THAN 2,300 ATTENDEES. SPONSORSHIP AND BOOTH SALES REMAINED STRONG AT THE MBA MEETINGS WITH NEARLY 400 COMPANIES EXHIBITING THEIR PRODUCTS AND SERVICES.IN ADDITION TO THE LARGE ANNUAL CONVENTION EXPECTED FROM A MAJOR ASSOCIATION, MBA HOSTS FOUR MAJOR CONFERENCES EACH YEAR AS WELL AS 10 MORE FINELY FOCUSED SPECIAL INTEREST CONFERENCES. THE FIVE LARGE GATHERINGS ARE THE ANNUAL CONVENTION & EXPO, COMMERCIAL REAL ESTATE FINANCE/MULTIFAMILY HOUSING CONVENTION & EXPO, NATIONAL MORTGAGE SERVICING CONFERENCE & EXPO, NATIONAL TECHNOLOGY IN MORTGAGE BANKING CONFERENCE & EXPO AND NATIONAL SECONDARY MARKET CONFERENCE & EXPO. SPECIALIZED PROGRAMS HELP PARTICIPANTS GAIN KNOWLEDGE AND INFORMATION IN SUCH AREAS AS LEGAL ISSUES AND REGULATORY COMPLIANCE, QUALITY ASSURANCE AND ACCOUNTING AND FINANCIAL MANAGEMENT. EACH OF THESE PROGRAMS HAD STRONG ATTENDANCE AND IS AN IMPORTANT PART OF THE MEMBERSHIP VALUE PROPOSITION FOR MEMBER COMPANIES. SEVERAL PROGRAMS QUALIFY IN WHOLE OR IN PART FOR CONTINUING LEGAL EDUCATION CREDIT AND OTHER CONTINUING EDUCATION CREDITS.IN ADDITION TO TRADITIONAL PROGRAMMING, MBA OFFERS WORKSHOPS THAT FOCUS ON TIMELY TOPICS ON WHICH OUR MEMBERS NEED IMMEDIATE GUIDANCE AND INFORMATION. THEY ARE QUICK TO MARKET AND HAVE BEEN HIGHLY SUCCESSFUL TO DATE. IN FY2011, WE OFFERED TWO WORKSHOPS ATTRACTING A TOTAL OF NEARLY 350 ATTENDEES.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Description	ADVOCACY FOR MEMBERS AND THE INDUSTRYMBA POLICY AND LEGISLATIVE STAFF HAVE WORKED THROUGH A DIVIDED CONGRESS, WITH MORE THAN 100 MEMBERS NEW TO THE COMPLEX ISSUES FACING THE REAL ESTATE FINANCE INDUSTRY. IT ALSO BROUGHT ABOUT A FRESH FOCUS ON THE IMPLEMENTATION OF LAST YEAR'S HISTORIC DODD-FRANK WALL STREET REFORM AND CONSUMER PROTECTION ACT (DODD-FRANK), AND THE LAUNCH OF THAT LAW'S NEWLY-CREATED REGULATOR, THE CONSUMER FINANCIAL PROTECTION BUREAU (CFPB).ON THE LEGISLATIVE FRONT, MBA LEADERSHIP TESTIFIED BEFORE CONGRESS ON BEHALF OF MBA'S MEMBERS NINE TIMES ON A VARIETY OF KEY ISSUES FACING THE INDUSTRY INCLUDING MORTGAGE SERVICING, THE DODD-FRANK ACT, RISK RETENTION AND THE FEDERAL HOUSING ADMINISTRATION (FHA). MBA FOUGHT TO STRENGTHEN THE FHA, WORKING WITH CONGRESS TO PROVIDE IT WITH MORE FUNDS FOR STAFF AND TECHNOLOGY, RAISE THE MULTIFAMILY INSURANCE COMMITMENT AUTHORITY TO $25 BILLION AND EXTEND THE SINGLE-FAMILY LOAN LIMITS FOR AN ADDITIONAL TWO YEARS. OVERALL, MBA RETOOLED ITS ADVOCACY EFFORTS AS POWER SHIFTED FROM CONGRESS AND THE LEGISLATIVE PROCESS TO FEDERAL REGULATORS CHARGED WITH IMPLEMENTING DODD-FRANK'S MYRIAD OF RULEMAKINGS, FROM RISK RETENTION AND ITS QUALIFIED RESIDENTIAL MORTGAGE (QRM) EXEMPTION TO THE ABILITY TO REPAY RULE AND ITS QUALIFIED MORTGAGE (QM) DEFINITION, FROM NEW EFFORTS TO HARMONIZE RESPA AND TILA DISCLOSURES AND CREATE NATIONAL STANDARDS FOR MORTGAGE SERVICING TO PROMOTING SENSIBLE REFORMS FOR FANNIE MAE, FREDDIE MAC AND THE OVERALL SECONDARY MORTGAGE MARKET. IN THE REGULATORY SPACE, MBA MET REGULARLY WITH THE FEDERAL REGULATORS RESPONSIBLE FOR IMPLEMENTING DODD-FRANK DURING 2011. MBA BROUGHT ASSOCIATION MEMBERS TO WASHINGTON, DC TO DISCUSS THE RISK RETENTION AND THE ABILITY TO REPAY RULEMAKINGS AND THEIR VARIOUS ISSUES. MBA HELD BRIEFINGS ON CAPITOL HILL, MET WITH LAWMAKERS, HELD PRESS CONFERENCES AND WORKED WITH A BROAD COALITION OF INDUSTRY GROUPS AND CONSUMER ADVOCATES TO EXPLAIN THE CHILLING EFFECTS THESE RULES WOULD HAVE ON BORROWERS, THE MORTGAGE MARKETS AND OUR NATION'S STRUGGLING ECONOMY.WHILE WORKING WITH THE CFPB ON A HOST OF MORTGAGE-RELATED ISSUES, MBA HAS ALSO CALLED FOR STRUCTURAL CHANGES TO ITS GOVERNANCE. MBA ENDORSED LEGISLATION TO SUBJECT THE CFPB TO THE CONGRESSIONAL BUDGET PROCESS, ALTER ITS LEADERSHIP FROM A SINGLE DIRECTOR TO A BIPARTISAN FIVE-MEMBER COMMISSION, AND STRENGTHEN THE ABILITY OF FEDERAL BANKING REGULATORS TO OVERTURN CFPB RULES THAT WOULD THREATEN SAFETY AND SOUNDNESS.DURING 2011, MORE THAN 5,500 ADVOCACY COMMUNICATIONS WERE SENT BY MBA'S GRASSROOTS NETWORK, THE MORTGAGE ACTION ALLIANCE, INC. (MAA), TO THEIR ELECTED OFFICIALS IN THE AREAS WHERE PARTICIPANTS RESIDE. MAA ALSO SERVED AS A VEHICLE FOR STATE MBA ADVOCACY BY PROVIDING ENHANCED SERVICES ON STATE CALLS TO ACTION AND LOBBY DAYS IN OHIO, FLORIDA, KENTUCKY, WISCONSIN, MICHIGAN AND COLORADO.MORE THAN 4,000 INDUSTRY PROFESSIONALS JOINED MAA OR RENEWED THEIR MEMBERSHIP DURING 2011. THESE ACTIVE MEMBERS ALSO SUPPORTED MORPAC BY CONTRIBUTING MORE THAN $28,000 IN RESPONSE TO LOW-DONOR APPEALS. MBA ALSO CONTINUED TO WORK WITH THE ADMINISTRATION TO TRY TO FIND SOLUTIONS FOR BORROWERS WHO WERE HAVING TROUBLE PAYING THEIR MORTGAGE. AS A FOUNDING MEMBER OF THE HOPE NOW ALLIANCE, MBA AND ITS MEMBERS AND OTHER ALLIANCE PARTNERS HELPED NEARLY 12,000 FAMILIES AT ITS BORROWER OUTREACH EVENTS IN 2011. THE ALLIANCE HELD 15 EVENTS IN 15 CITIES THROUGHOUT THE YEAR, AND THE INDUSTRY PROVIDED 1.05 MILLION MODIFICATIONS TO AT-RISK HOMEOWNERS DURING CALENDAR YEAR 2011.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Description	RESEARCH AND ANALYSISOUTSIDE ANALYSTS, COMMENTATORS, LAWMAKERS AND, OF COURSE, OUR MEMBERS HAVE ALL COME TO DEPEND ON MBA REPORTS AND FORECASTS AS ACCURATE AND INDEPENDENT REPRESENTATIONS OF WHAT IS GOING ON IN THE REAL ESTATE FINANCE INDUSTRY AND IN OUR ECONOMY AS A WHOLE. EACH MONTH, MBAS MORTGAGE FINANCE FORECAST AND ECONOMIC FORECAST ARE READ WITH INTEREST AND WIDELY CITED BY ANALYSTS AND THE PRESS. NO LESS ANTICIPATED ARE MBA'S WEEKLY MORTGAGE APPLICATIONS SURVEY AND ITS QUARTERLY NATIONAL DELINQUENCY SURVEY, WHILE THE LATEST TRENDS AND ANALYSIS ON THE COMMERCIAL/MULTIFAMILY FRONT ARE COVERED IN THE COMMERCIAL REAL ESTATE/MULTIFAMILY FINANCE QUARTERLY DATABOOK AND EIGHT OTHER SPECIALIZED QUARTERLY AND ANNUAL REPORTS. IN ADDITION, MBA'S RESPECTED BENCHMARKING TEAM CONDUCTS THE QUARTERLY AND ANNUAL MORTGAGE BANKERS PERFORMANCE REPORT FOR NON-DEPOSITORY INSTITUTIONS, TARGETING INDEPENDENT MORTGAGE COMPANIES AND BANK SUBSIDIARIES WHO GENERALLY ORIGINATE $1 BILLION OR LESS ANNUALLY, ALONG WITH SEVERAL OTHER VALUABLE BENCHMARKING STUDIES.	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Description	CAMPUSMBACAMPUSMBA CONTINUES TO OFFER EDUCATIONAL PROGRAMMING TO INDUSTRY PROFESSIONALS, AND OUR DESIGNATIONS AND CERTIFICATIONS CONTINUE TO GROW. IN FY2011, CAMPUSMBA OFFERED MORE THAN 50 UNIQUE WEBINARS ON TIMELY TOPICS INCLUDING FHA LENDING, LOSS MITIGATION, REGULATORY REFORM AND MORTGAGE ACCOUNTING. CAMPUSMBA RECEIVED MORE THAN 2,200 REGISTRATIONS FOR THESE ONLINE EVENTS. DURING THIS PERIOD, CAMPUSMBA ENROLLED MORE THAN 500 STUDENTS IN ONE OF THE THREE LEVELS OF THE SCHOOL OF MORTGAGE BANKING PROGRAM AND MORE THAN 550 STUDENTS IN ADDITIONAL CLASSROOM COURSES, INCLUDING MULTIFAMILY INSPECTIONS AND SAFE ACT TRAINING. CAMPUSMBA ADDED NEARLY 30 NEW CERTIFIED MORTGAGE BANKERS (CMBS) TO THE EXISTING ELITE GROUP OF CLOSE TO 1,150 DURING FY2011. IN ADDITION, NEARLY 600 INDIVIDUALS COMPLETED OTHER ACHIEVEMENT, PROFESSIONAL OR SPECIALIST DESIGNATION PROGRAMS.COMMUNICATING WITH AND FOR OUR MEMBERSMBA SPENDS A GREAT DEAL OF EFFORT ON KEEPING MEMBERS APPRISED OF ECONOMIC, REGULATORY, LITIGATION, AND TECHNOLOGY DEVELOPMENTS TO HELP MEMBERS BETTER CONDUCT THEIR BUSINESS. DURING FY2011, MBA'S ONLINE NEWSLETTER, MBA NEWSLINK REACHED A CIRCULATION OF 50,000 WHILE MBA COMMERCIAL/MULTIFAMILY NEWSLINK SUBSCRIPTIONS REACHED 30,000. MORTGAGE BANKING(R) MAGAZINE HAD A CIRCULATION OF 12,000 DURING FY2011. MORTGAGE BANKING MAGAZINE'S DIGITAL EDITION REACHES THOUSANDS OF SUBSCRIBERS MONTHLY WHO ENJOY THE BENEFITS OF ENHANCED DIGITAL CAPABILITIES AND A MORE INTERACTIVE EXPERIENCE FOR SUBSCRIBERS.MORTGAGEBANKERS.ORG CONTINUES TO BE A VALUABLE SOURCE OF NEWS AND INFORMATION FOR OUR MEMBERS AND INDUSTRY PROFESSIONALS.HOMELOANLEARNINGCENTER.COM IS MBA'S CONSUMER FINANCIAL LITERACY WEBSITE AND PROVIDES CONSUMERS WITH INFORMATION ON THE LOAN MORTGAGE PROCESS, VARIOUS LOAN PRODUCTS, LOAN MODIFICATIONS AND GOVERNMENT PROGRAMS AIMED AT HELPING BORROWERS.MBA STAFF AND EXECUTIVES ARE REGULARLY QUOTED IN NATIONAL, STATE, LOCAL AND TRADE MEDIA OUTLETS (PRINT, ONLINE AND BROADCAST) REPRESENTING ITS MEMBERS' INTERESTS AND PROVIDING INSIGHT INTO THE REAL ESTATE FINANCE MARKETS. COMMERCIAL/MULTIFAMILYACTING AS THE VOICE FOR THE COMMERCIAL REAL ESTATE FINANCE/MULTIFAMILY HOUSING INDUSTRY, IN 2011 MBA SECURED EXTENSION OF THE MORTGAGE EXPERIENCE ADJUSTMENT FACTOR (MEAF) - A COMPONENT OF LIFE COMPANIES' RISK-BASED CAPITAL (RBC) CHARGES UNTIL AN APPROPRIATE INDUSTRY RBC REGIME IS ESTABLISHED; ACHIEVED REINSTATEMENT OF THE NATIONAL ASSOCIATION LIFE INSURANCE COMMISSIONERS' (NAIC) BENEFICIAL RBC APPROACH FOR LIFE COMPANY HOLDINGS OF CREDIT TENANT LOANS; SECURED $25 BILLION IN THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENTS (HUD) COMMITMENT AUTHORITY FOR FY2012, SUPPORTING FHA MULTIFAMILY AND HEALTHCARE PROGRAMS; OBTAINED HIGHLY FAVORABLE HUD GUIDANCE ON THE NATIONAL LOAN COMMITTEE REQUIREMENTS TO STREAMLINE FHA'S REVIEW OF MULTIFAMILY INSURANCE APPLICATIONS; TESTIFIED BEFORE CONGRESSIONAL COMMITTEES ON THE FUTURE OF THE GOVERNMENT SPONSORED ENTERPRISES (GSES), THE ROLE OF FHA AND CMBS RISK RETENTION; SECURED MULTIPLE EXTENSIONS OF THE NATIONAL FLOOD INSURANCE PROGRAM (NFIP) TO ENSURE UNINTERRUPTED PROGRAM AVAILABILITY, WHILE PROMOTING ITS LONG-TERM EXTENSION; AND FILED SUIT AGAINST THE U.S. DEPARTMENT OF LABOR, SEEKING TO SET ASIDE THEIR REVERSAL OF AN OPINION THAT CONCLUDED TYPICAL LOAN OFFICERS WERE EXEMPT FROM OVERTIME PAYMENTS UNDER THE FAIR LABOR STANDARDS ACT ADMINISTRATIVE EXEMPTION.	Description

Field	Value	IRS element (for citing)
Described In501 C3	0	DescribedIn501C3
Schedule B Required	0	ScheduleBRequired
Political Activities	1	PoliticalActivities
Subject To Proxy Tax	1	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	1	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	1	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	0	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	1	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	1	DisregardedEntity
Related Entity	1	RelatedEntity
Related Org Controlled Entity	1	RelatedOrgControlledEntity
Transaction Related Entity	1	TransactionRelatedEntity
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	100	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	121	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	1	UnrelatedBusinessIncome
Form990-T Filed	1	Form990-TFiled
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	1	NonDeductibleContributions
Non Deductible Disclosure	1	NonDeductibleDisclosure
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	21	NbrVotingGoverningBodyMembers
Number Independent Voting Members	18	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	1	MembersOrStockholders
Election Of Board Members	1	ElectionOfBoardMembers
Decisions Subject To Approval	1	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	ANGELA LAZEAR	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	2025572700	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1717 RHODE ISLAND AVENUE NW NO 400	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20036	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (36 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee
MICHAEL D BERMAN CMB
CHAIRMAN	7.00	X	X	19235	0	0
MICHAEL W YOUNG
CHAIRMAN-ELECT	4.00	X	X	12352	0	0
DEBRA W STILL CMB
VICE CHAIRMAN	4.00	X	X	3931	0	0
GARY ACOSTA
BOARD MEMBER	1.00	X		0	0	0
EDWARD J BURKE
BOARD MEMBER	1.00	X		0	0	0
GARRY CIPPONERI
BOARD MEMBER	1.00	X		0	0	0
JACK M COHEN CMB
BOARD MEMBER	1.00	X		0	0	0
BILL COSGROVE CMB
BOARD MEMBER	1.00	X		0	0	0
DANIEL G CROCKETT
BOARD MEMBER	1.00	X		0	0	0
HENRY V CUNNINGHAM JR CMB
BOARD MEMBER	1.00	X		0	0	0
TARI L FLANNERY CMB
BOARD MEMBER	1.00	X		0	0	0
JACK KONYK
BOARD MEMBER	1.00	X		0	0	0
WILLIAM J KROCHALIS
BOARD MEMBER	1.00	X		0	0	0
RODRIGO LOPEZ CMB
BOARD MEMBER	1.00	X		0	0	0
J DAVID MOTLEY CMB
BOARD MEMBER	1.00	X		0	0	0
EDWARD PADILLA CMB
BOARD MEMBER	1.00	X		0	0	0
JOSEPH R REPPERT
BOARD MEMBER	1.00	X		0	0	0
BRIAN F STOFFERS CMB
BOARD MEMBER	1.00	X		0	0	0
G TODD WHITE CMB
BOARD MEMBER	1.00	X		0	0	0
MARSHA L WILLIAMS ESQ
BOARD MEMBER	1.00	X		0	0	0
ROBERT E STORY JR
IMMED PAST CHAIRMAN	1.00	X		0	0	0
JOHN COURSON
PRES & CEO/THRU MAY 2011	40.00		X	666291	0	2285
ANGELA LAZEAR
CHIEF FINANCIAL OFFICER	40.00		X	242216	0	16613
PHYLLIS SLESINGER
GENERAL COUNSEL	40.00		X	245127	0	8746
DAVID H STEVENS
PRES & CEO/FROM MAY 2011	40.00		X	0	0	0
STEPHEN O'CONNOR
SR VP, GOVT AFFAIRS	40.00			339694	0	15514	X
EMILE J BRINKMANN
SR VP, RESEARCH	40.00			261984	0	10067	X
CHERYL CRISPEN
SR VP, COMMUNIC/MKTNG-THRU 7/2010	40.00			253990	0	7957	X
PAUL GREEN
SR VP, CORP RELATIONS-THRU 7/11	40.00			346864	0	16313	X
GAIL DAVIS-CARDWELL
SR VP, COMMERC/MULTIFAMILY	40.00			249620	0	3675	X
WILLIAM KILLMER
SR VP, LEGISLATIVE AND POLITICAL AFFAIRS	40.00			218301	0	4933	X
SARAH T DEMAREST
VP, COMMUNICATIONS	40.00			216801	0	10786		X
GENEARLENE D NEILL
VP, HUMAN RESOURCES	40.00			204276	0	13289		X
JAMES WOODWELL
VP, COMMERCIAL REAL ESTATE RESEARCH	40.00			192801	0	8328		X
JAMES GROSS
VP, FINANCIAL ACCOUNTING AND PUBLIC POLICY	40.00			188697	0	10067		X
JOSHUA DENNEY
VP, PUBLIC POLICY	40.00			182582	0	13719		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	3844762	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	142292	TotalOtherCompensation
Number Individuals GT100 K	49	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
STRATMOR GROUP LLC
6000 SHAKERAG HILL SUITE 300	PEACHTREE CITY	GA	30269	BENCHMARKING SERVICES	146928
MARGARET COLON
18 GREY PEBBLE CT	DARNESTOWN	MD	20874	CONSULTING SERVICES	144055
SARAH HOLLANDER
1102 TUCKAHOE LANE	ALEXANDRIA	VA	22302	GRAPHIC DESIGN SERVICES	139783
CAPITOL HILL STATEGIES LLC
1579 FOREST VILLA LN	MCLEAN	VA	22101	LEGISLATIVE STRATEGY/LOBBYING	125000
BRYAN CAVE
1155 F ST NW	WASHINGTON	DC	20004	LEGAL SERVICES	103812

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	5	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
OTHER CONFERENCES	900099	12104307	12104307
MEMBERSHIP DUES	900099	11254536	11254536
ANNUAL CONVENTION	900099	4947851	4947851
PERIODICALS & PUBLICAT	541800	2513820	522052	1991768
EDUCATIONAL PROGRAMS	900099	1987739	1987739

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	711449	TotalRevenueColumn
Related Or Exempt Function Income	711449	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	33519702	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	8007	TotalRevenueColumn
Exclusion	$8,007	ExclusionAmount

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	548633	TotalRevenueColumn
Exclusion	$548,633	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Other	0	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Other	4915	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	-4915	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-4915	TotalRevenueColumn
Exclusion	-$4,915	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	OTHER REVENUE	Description
Business Code	900099	BusinessCode
Total Revenue Column	414513	TotalRevenueColumn
Exclusion	$414,513	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	414513	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	34485940	TotalRevenueColumn
Related Or Exempt Function Income	31527934	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	1991768	UnrelatedBusinessRevenue
Exclusion	$966,238	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	2880928	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	13243008	Total

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	1369677	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	585218	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	858925	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	329058	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	71509	Total

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	32355	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	1542105	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	31012	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	1846767	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	303625	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	93660	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	1769883	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	691332	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	2531071	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	48982	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	204839	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	295378	Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal
EQUIPMENT RENTAL & MAIN	1074969
MERCHANT CARD FEES	500379
COMMISSIONS	301923
MEALS AND ENTERTAINMENT	244678
MISCELLANEOUS	242725

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	646648	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	31740654	Total

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	1387329	BOY
EOY	1625231	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	8738731	BOY
EOY	10338717	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	347613	BOY
EOY	479955	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	1346390	BOY
EOY	2520648	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	4444671	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	3737182	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	840155	BOY
EOY	707489	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	1186930	BOY
EOY	1200490	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	963828	BOY
EOY	898647	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	14810976	BOY
EOY	17771177	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	2463302	BOY
EOY	2212100	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	11032598	BOY
EOY	13910613	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	7690000	BOY
EOY	7605361	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	10047402	BOY
EOY	12009639	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	31233302	BOY
EOY	35737713	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	-16422326	BOY
EOY	-17966536	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	-16422326	BOY
EOY	-17966536	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	14810976	BOY
EOY	17771177	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	2745286	ReconcilationRevenueExpenses
Reconcilation Other Changes	-4289496	ReconcilationOtherChanges
Info In Schedule O Part XII	X	InfoInScheduleOPartXII
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Amt Expended For527 Activities	20000	AmtExpendedFor527Activities
Total Exmpt Function Expenditures	20000	TotalExmptFunctionExpenditures
Form1120 Pol Filed	1	Form1120PolFiled

Sec527 Pol Orgs Sec527PolOrgs (3 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Amt Of Contribs Recd DeliveredAmtOfContribsRecdDelivered	Amt Pd From Internal FundsAmtPdFromInternalFunds
MORPAC (MORTGAGE BANKERS ASSN PAC)
1717 RHODE ISLAND AVE NW 400	WASHINGTON	DC	20036	526144335	570697
REPUBLICAN GOVERNORS ASSOCIATION
1747 PENNSYLVANIA AVENUE SUITE 250	WASHINGTON	DC	20006	113655877		10000
DEMOCRATIC GOVERNORS ASSOCIATION
1401 K ST NW STE 200	WASHINGTON	DC	20005	521304889		10000

Field	Value	IRS element (for citing)
Substantially All Dues Nondeduct	0	SubstantiallyAllDuesNondeduct
Only In House Lobbying	0	OnlyInHouseLobbying
Agree To Carryover Prior Year	1	AgreeToCarryoverPriorYear
Dues Assessments	11254536	DuesAssessments
Non Ded Lobby Political Current	2806173	NonDedLobbyPoliticalCurrent
Non Ded Lobby Political Carryover	-3344120	NonDedLobbyPoliticalCarryover
Non Ded Lobby Political Total	-537947	NonDedLobbyPoliticalTotal
Aggr Amt Reported In Dues Notices	2250907	AggrAmtReportedInDuesNotices
Taxable	-$2,788,854	TaxableAmount

Form990 Schedule C Part IV Form990ScheduleCPartIV

Field	Value	IRS element (for citing)
Identifier	ORGANIZATIONS DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES:	Identifier
Return Reference	PART I-A, LINE 1:	ReturnReference
Explanation	CONTRIBUTIONS TO POLITICAL ACTION COMMITTEES.	Explanation

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	426312	OtherCostOrOtherBasis
Depreciation	114109	Depreciation
Book Value	312203	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	3530740	OtherCostOrOtherBasis
Depreciation	3182072	Depreciation
Book Value	348668	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	487619	OtherCostOrOtherBasis
Depreciation	441001	Depreciation
Book Value	46618	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	707489	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (2 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
INVESTMENT IN PVT INDUSTRY UTILITY CO	1000000	C
INVESTMENTS IN MISMO, SISAC AND LTC	200490	C

Field	Value	IRS element (for citing)
Total Of Book Value Securities	1200490	TotalOfBookValueSecurities

Other Assets OtherAssets (2 entries)

DescriptionDescription	Book ValueBookValue
OTHER ASSETS	54574
ESCROW ACCOUNTS	844073

Field	Value	IRS element (for citing)
Total Book Value Other Assets	898647	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescription	AmountAmount
LIABILITY FOR PENSION BENEFITS	$10,041,466
DEFERRED COMPENSATION AND POST EMPLOYMENT BENEFITS	$102,280
ACCRUED LOSS ON OPERATING LEASE	$238,865
DEFERRED RENT AND LEASE INCENTIVE	$1,627,028

Field	Value	IRS element (for citing)
Total Of Amounts	12009639	TotalOfAmounts
Total Revenue	34485940	TotalRevenue
Total Expenses	31740654	TotalExpenses
Excess Or Deficit For Year	2745286	ExcessOrDeficitForYear
Other	-$4,289,496	OtherAmount
Total Adjustments	-4289496	TotalAdjustments
Excess Or Deficit Per FS	-1544210	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	34504414	TotRevenueEtcAuditedFinclStmt
Other Revenues	18474	OtherRevenues
Revenue Not Rptd F990	18474	RevenueNotRptdF990
Revenue Subtotal	34485940	RevenueSubtotal
Revenue Not Rptd On Fin Stmt	0	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	34485940	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	36048624	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	4333626	OtherExpensesIncluded
Expenses Not Rptd F990	4333626	ExpensesNotRptdF990
Expenses Subtotal	31714998	ExpensesSubtotal
Other Expenses Not Included	25656	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	25656	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	31740654	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:	PART X:	DURING THE YEAR ENDED SEPTEMBER 30, 2011, MANAGEMENT DID NOT IDENTIFY ANY UNCERTAIN INCOME TAX POSITIONS. AT A MINIMUM, THE SEPTEMBER 30, 2008 THROUGH 2011 TAX YEARS ARE OPEN FOR EXAMINATION BY TAXING AUTHORITIES.
PART XI, LINE 8 - OTHER ADJUSTMENTS:		PENSION-RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST -3,044,363. EQUITY IN INCOME OF SUBSIDIARIES 13,559. BUILDING AND MORTGAGE LOAN FAIR VALUE ADJUSTMENT -1,202,861. OPERATING LEASE FAIR VALUE ADJUSTMENT -81,487. MBAFIRST LLC EXPENSE 25,656.
PART XII, LINE 2D - OTHER ADJUSTMENTS:		EQUITY IN INCOME OF SUBSIDIARIES 13,559. LOSS DISPOSAL REPORTED IN PART VIII 4,915.
PART XIII, LINE 2D - OTHER ADJUSTMENTS:		PENSION CHANGES NOT INCLUDED IN PERIODIC PENSION COST 3,044,363. OPERATING LEASE FAIR VALUE ADJUSTMENT 81,487. BUILDING AND MORTGAGE LOAN FAIR VALUE ADJUSTMENT 1,202,861. LOSS DISPOSAL REPORTED IN PART VIII 4,915.
PART XIII, LINE 4B - OTHER ADJUSTMENTS:		MBAFIRST LLC EXPENSE 25,656.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	X	FirstClassOrCharterTravel
Travel For Companions	X	TravelForCompanions
Idemnification Gross Up Payments	X	IdemnificationGrossUpPayments
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	1	WrittenPolicyReTAndEExpenses
Substantiation Required	1	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Written Employment Contract	X	WrittenEmploymentContract
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	1	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (14 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
JOHN COURSON
661760	0	0	0	4531	0	1838	0	4105	0	672234	0	0	0
ANGELA LAZEAR
239925	0	0	0	2291	0	3575	0	17408	0	263199	0	0	0
PHYLLIS SLESINGER
241366	0	0	0	3761	0	3424	0	15249	0	263800	0	0	0
STEPHEN O'CONNOR
303831	0	0	0	35863	0	3675	0	17905	0	361274	0	0	0
EMILE J BRINKMANN
255776	0	3675	0	2533	0	0	0	15782	0	277766	0	0	0
CHERYL CRISPEN
190917	0	0	0	63073	0	0	0	11464	0	265454	0	0	0
PAUL GREEN
310906	0	0	0	35958	0	3246	0	19134	0	369244	0	0	0
GAIL DAVIS-CARDWELL
247083	0	0	0	2537	0	3675	0	5962	0	259257	0	0	0
WILLIAM KILLMER
217686	0	0	0	615	0	0	0	7461	0	225762	0	0	0
SARAH T DEMAREST
189802	0	25000	0	1999	0	1829	0	14330	0	232960	0	0	0
GENEARLENE D NEILL
202153	0	0	0	2123	0	3105	0	15685	0	223066	0	0	0
JAMES WOODWELL
192153	0	0	0	648	0	3015	0	10750	0	206566	0	0	0
JAMES GROSS
185776	0	0	0	2921	0	0	0	15386	0	204083	0	0	0
JOSHUA DENNEY
182024	0	0	0	558	0	1880	0	17136	0	201598	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Return Reference	PART I, LINE 4B	ReturnReference
Explanation	PAUL GREEN, 457F PLAN DISTRIBUTION, $32,130 STEVE O'CONNOR, 457F PLAN DISTRIBUTION, $34,807 CHERYL CRISPEN, 457F PLAN DISTRIBUTION, $45,619	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (10 entries)

IdentifierIdentifier	ExplanationExplanation	Return ReferenceReturnReference
FORM 990, PART VI, SECTION A, LINE 1	MBA HAS AN EXECUTIVE COMMITTEE THAT IS EMPOWERED TO ACT ON BEHALF OF THE FULL BOARD OF DIRECTORS BETWEEN MEETINGS. THE COMMITTEE DOES NOT HAVE THE AUTHORITY TO ADOPT OFFICIAL POSITIONS ON PUBLIC POLICY MATTERS (UNLESS EXPLICITLY PROVIDED THAT POWER); APPROVE THE ANNUAL BUDGET; DETERMINE MEMBER DUES; APPOINT OR REMOVE THE PRESIDENT AND CEO; FILL BOARD AND EXECUTIVE COMMITTEE VACANCIES; ADOPT BYLAWS AMMENDMENTS; APPROVE ORGANIZATIONAL CONSOLIDATION OR MERGER; OR ELIMINATE A STANDING COMMITTEE. THE EXECUTIVE COMMITTEE IS COMPOSED OF THE ELECTED OFFICERS AND THE CHAIRS OF COMBOG AND RESBOG, AS WELL AS THE PRESIDENT AND CEO OF THE ASSOCIATION SERVING EX OFFICIO AS NONVOTING MEMBERS. [COMBOG IS THE COMMERCIAL REAL ESTATE/MULTIFAMILY FINANCE BOARD OF GOVERNORS. RESBOG IS THE RESIDENTIAL/SINGLE-FAMILY BOARD OF GOVERNORS.]
FORM 990, PART VI, SECTION A, LINE 6	MBA IS A NONPROFIT MEMBERSHIP CORPORATION. IT HAS THE FOLLOWING CLASSES OF MEMBERSHIP: (A) REGULAR MEMBERS - FINANCIAL INSTITUTIONS AND OTHER ENTITIES THAT ARE REGULARLY IN THE BUSINESS OF ORIGINATING, SERVICING, OR INVESTING IN MORTGAGE LOANS OR OTHERWISE SHARE IN THE RISK OF MORTGAGE LOAN PERFORMANCE, SUCH AS MORTGAGE INSURERS AND TITLE INSURANCE UNDERWRITERS, SHALL BE CONSIDERED REGULAR MEMBERS. (B) ASSOCIATE MEMBERS - BUSINESS ORGANIZATIONS, FINANCIAL INSTITUTIONS, AND INDIVIDUALS THAT REGULARLY PROVIDE SERVICE OR PRODUCTS FOR BUSINESS ORGANIZATIONS OR FINANCIAL INSTITUTIONS ELIGIBLE TO BE REGULAR MEMBERS SHALL BE CONSIDERED ASSOCIATE MEMBERS. (C) ALLIANCE MEMBER - THE BOARD OF DIRECTORS NAMES AS THE SOLE ALLIANCE MEMBER THE MORTGAGE ACTION ALLIANCE, AN AFFILIATE ORGANIZATION THAT OPERATES TO PROMOTE THE COMMON BUSINESS INTERESTS OF THE RESIDENTIAL AND COMMERCIAL REAL ESTATE FINANCE INDUSTRIES THROUGH GRASSROOTS ADVOCACY ACTIVITIES. (D) HONORARY MEMBERS - INDIVIDUALS WHO HAVE SERVED ALL OR PART OF TWO TERMS AS A MEMBER OF ONE OF THE BOARDS OF GOVERNORS, OR WHO HAVE SERVED AS AN OFFICER FOR TWO YEARS, AND WHO HAVE RETIRED FROM ACTIVE BUSINESS SHALL BE CONSIDERED HONORARY MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7A	UNDER THE ASSOCIATION'S BYLAWS, ONLY REGULAR MEMBERS AND THE ALLIANCE MEMBERS MAY ELECT OFFICERS AND THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 7B	REGULAR MEMBERS ARE REQUIRED TO APPROVE A PLAN OF MERGER CALLS FOR THE ASSOCIATION TO MERGE INTO ANOTHER ASSOCIATION OR OTHER ENTITY, OR A PLAN OF MERGER CALLS FOR THE ASSOCIATION TO ABSORB ANOTHER ASSOCIATION OR OTHER ENTITY, BUT THE MERGER WOULD RESULT IN (I) A NAME CHANGE FOR THE ASSOCIATION, (II) THE CREATION OF A NEW MEMBERSHIP CLASS, (III) THE ELIMINATION OF A MEMBERSHIP CLASS, OR (IV) A SUBSTANTIAL CHANGE TO THE THEN CURRENT GOVERNANCE SYSTEM. IN ADDITION, REGULAR MEMBERS ARE REQUIRED TO APPROVE A PLAN FOR CONSOLIDATION WHEREBY THE ASSOCIATION WOULD COMBINE WITH ONE OR MORE ASSOCIATIONS TO CREATE A NEW ASSOCIATION AND CEASE TO EXIST AS AN INDEPENDENT ENTITY.
FORM 990, PART VI, SECTION B, LINE 11	THE FIVE INDEPENDENT MEMBERS OF THE AUDIT COMMITTEE, WHICH IS A BOARD-LEVEL COMMITTEE, REVIEWED THE FORM 990 BEFORE ITS FILING. THE MBA BOARD HAD THE OPPORTUNITY TO REQUEST A COPY OF THE DRAFT FOR REVIEW BEFORE IT WAS FILED.
	IT IS MBA'S POLICY THAT NO COVERED PARTY PARTICIPATE IN THE EVALUATION OR APPROVAL BY MBA OF ANY CONTRACTUAL ARRANGEMENT TO WHICH MBA MAY BECOME A PARTY IF THE COVERED PARTY'S PARTICIPATION WOULD CREATE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST. MBA'S CONFLICTS POLICY REQUIRES ANNUAL DISCLOSURE TO THE MBA GENERAL COUNSEL AND SECRETARY OF "CONFLICTS OF INTEREST" DEFINED AS A SITUATION IN WHICH A COVERED PARTY WOULD PARTICIPATE IN THE EVALUATION OR APPROVAL BY MBA OF ANY CONTRACTUAL ARRANGEMENT TO WHICH MBA MAY BECOME A PARTY, IF SUCH INDIVIDUAL, OR SUCH INDIVIDUAL'S EMPLOYER, WOULD OBTAIN MORE THAN AN INSIGNIFICANT FINANCIAL BENEFIT, EITHER DIRECTLY OR INDIRECTLY. "COVERED PARTY" MEANS A MEMBER OF THE MBA BOARD OF DIRECTORS OR A MEMBER OF A BOARD COMMITTEE OR BOARD TASK FORCE THAT MAY BOTH (I) RECOMMEND ENTERING INTO CONTRACTS AND (II) PLAY A ROLE IN VENDOR REVIEW AND SELECTION. MOREOVER, COVERED PARTIES ARE SUPPOSED TO UPDATE THEIR DISCLOSURES AS CIRCUMSTANCES WARRANT AND PROVIDE THEM TO THE MBA GENERAL COUNSEL AND SECRETARY. THE DISINTERESTED MEMBERS OF THE EXECUTIVE COMMITTEE OF THE MBA BOARD OF DIRECTORS SHALL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS OR BEHAVIOR IN CONFLICT WITH THIS POLICY HAS OCCURRED, AND WHAT SUBSEQUENT ACTION IS APPROPRIATE (IF ANY) AND ITS DECISION WILL BE FINAL, EXCEPT AS FOLLOWS. THE EXECUTIVE COMMITTEE SHALL INFORM THE FULL BOARD OF DIRECTORS OF ANY DISAGREEMENT BETWEEN THE EXECUTIVE COMMITTEE AND THE DISCLOSING DIRECTOR AS TO ITS DETERMINATION THAT A CONFLICT OF INTEREST, OR BEHAVIOR IN CONFLICT OF THE POLICY, EXISTS AND ANY RECOMMENDED ACTION. THE BOARD SHALL RETAIN THE RIGHT TO MODIFY OR REVERSE THE EXECUTIVE COMMITTEE'S DETERMINATIONS IN THIS CONTEXT. THE CONFLICTS OF INTEREST POLICY ALSO ADDRESSES CONFIDENTIALITY.	FORM 990, PART VI, SECTION B, LINE 12C
	PROCESS FOR PRESIDENT AND CEO 1. REVIEW AND APPROVAL. THE COMPENSATION COMMITTEE, ON BEHALF OF THE BOARD, WILL REVIEW AND APPROVE THE COMPENSATION OF MBA'S CHIEF EMPLOYED EXECUTIVE, THE PRESIDENT, PROVIDED THAT INDIVIDUALS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. 'COMPENSATION' MEANS INITIAL SALARY, SPECIAL BENEFITS NOT GENERALLY AVAILABLE TO MBA STAFF, SALARY INCREASES AND BONUSES. 2. USE OF DATA AS TO COMPARABLE COMPENSATION. THE COMPENSATION COMMITTEE WILL REVIEW AND SET THE COMPENSATION OF THE PRESIDENT USING AS REFERENCES POINTS: (I) COMPENSATION OF ANY PREDECESSOR PRESIDENT, AND (II) READILY AVAILABLE PUBLIC DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS (FORMAL BENCHMARKING STUDIES BY OUTSIDE COMPENSATION CONSULTANTS NEED NOT BE COMMISSIONED ANNUALLY BUT MAY BE SOUGHT PERIODICALLY). 3. ASSESSMENT OF PERFORMANCE. THE COMPENSATION COMMITTEE WILL TAKE INTO ACCOUNT: (I) THE LEVEL OF ATTAINMENT OF MBA'S GOALS AND OBJECTIVES OVER THE REVIEW PERIOD, (II) THE NATURE OF THE PARTICULAR EXTERNAL AND INTERNAL CHALLENGES FACING MBA OVER THE REVIEW PERIOD, AND (III) SUCH OTHER CONSIDERATIONS AS MAY BE APPLICABLE UNDER THE PREVAILING CIRCUMSTANCES. 4. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. PROCESS FOR SPECIFIED KEY EMPLOYEES 1. REVIEW AND APPROVAL. THE PRESIDENT WILL SUBMIT RECOMMENDATIONS TO THE COMPENSATION COMMITTEE FOR REVIEW AND APPROVAL OF THE TOTAL COMPENSATION OF THE FOLLOWING SPECIFIED KEY EMPLOYEES, AS DEFINED IN THE INTERNAL REVENUE SERVICE'S FORM 990 INSTRUCTIONS: --THE CHIEF FINANCIAL OFFICER --THE SECRETARY, AS APPROVED BY THE BOARD OF DIRECTORS --ALL SENIOR VICE PRESIDENTS PROVIDED THAT INDIVIDUALS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. 'COMPENSATION' MEANS INITIAL SALARY, SPECIAL BENEFITS NOT GENERALLY AVAILABLE TO MBA STAFF, SALARY INCREASES AND BONUSES. 2. USE OF DATA AS TO COMPARABLE COMPENSATION. THE COMPENSATION COMMITTEE WILL REVIEW AND SET THE COMPENSATION OF THE SPECIFIED KEY EMPLOYEES, BASED ON THE RECOMMENDATIONS OF THE PRESIDENT, WHO WILL USE AS REFERENCES POINTS: (I) READILY AVAILABLE PUBLIC OR OTHER DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS (MBA NEED NOT OBTAIN FORMAL BENCHMARKING STUDIES FROM OUTSIDE COMPENSATION CONSULTANTS ANNUALLY BUT THESE MAY BE SOUGHT PERIODICALLY); AND (II) THE SALARY AND LENGTH OF SERVICE OF THE PREVIOUS INCUMBENT. 3. ASSESSMENT OF PERFORMANCE. THE COMPENSATION COMMITTEE WILL REVIEW FOR SPECIFIED KEY EMPLOYEES THE PRESIDENT'S ASSESSMENT OF -- (I) THE LEVEL OF ATTAINMENT OF MBA'S GOALS AND OBJECTIVES OVER THE REVIEW PERIOD; (II) THE LEVEL OF ATTAINMENT OF A SPECIFIED KEY EMPLOYEE'S INDIVIDUAL GOALS AND OBJECTIVES OVER THE REVIEW PERIOD; (III) THE NATURE OF THE PARTICULAR EXTERNAL AND INTERNAL CHALLENGES FACING MBA OVER THE REVIEW PERIOD; AND (IV) OTHER, DOCUMENTED CONSIDERATIONS THAT MAY BE APPLICABLE UNDER THE PREVAILING CIRCUMSTANCES. 4. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS. PROCESS FOR REMAINING EMPLOYEES 1. THE PRESIDENT IS AUTHORIZED AND DIRECTED TO: (A) IMPLEMENT MBA'S PRESENT EMPLOYEE POSITION CLASSIFICATION SYSTEM THAT IDENTIFIES FUNCTIONALLY COMPARABLE POSITIONS ACROSS GROUPS, AND (B) ADMINISTER A COMPENSATION PLAN BASED ON: (I) SUCH CLASSIFICATION SYSTEM, (II) REASONABLY AVAILABLE CURRENT COMPENSATION DATA FROM SIMILARLY SITUATED ASSOCIATIONS, (III) MBA'S GOALS AND OBJECTIVES, AND (IV) SUCH OTHER CRITERIA OR CONSIDERATIONS THAT MAY BE APPLICABLE UNDER THE PREVAILING CIRCUMSTANCES. 2. THE PRESIDENT IS FURTHER AUTHORIZED TO REVISIT THE EMPLOYEE CLASSIFICATION SYSTEM AS WELL AS TO ENGAGE COMPENSATION CONSULTANTS, FROM TIME TO TIME, TO HELP ASSURE THAT THE EMPLOYEE CLASSIFICATION SYSTEM AND THE COMPENSATION DATA AND PLAN REMAIN RELEVANT TO THE ACHIEVEMENT OF MBA'S OVERALL GOALS AND OBJECTIVES. 3. UNDER EXCEPTIONAL CIRCUMSTANCES THAT MUST BE DOCUMENTED AND REPORTED TO THE COMPENSATION COMMITTEE, THE PRESIDENT IS AUTHORIZED TO OFFER SIGNING OR RETENTION BONUSES AND OTHER FORMS OF COMPENSATION TO EMPLOYEES IN ORDER TO HELP ASSURE THE SMOOTH OPERATION OF MBA AND/OR THE ACHIEVEMENT OF SIGNIFICANT MBA GOALS AND OBJECTIVES.	FORM 990, PART VI, SECTION B, LINE 15
	CHARTER, BYLAWS AND CONFLICTS OF INTEREST POLICY ARE PROVIDED UPON REQUEST. FINANCIAL INFORMATION IS PROVIDED THROUGH THE FORM 990 UPON REQUEST. FINANCIAL STATEMENTS ARE PROVIDED TO THE BOARD OF DIRECTORS AND ARE NOT MADE AVAILABLE PUBLICLY.	FORM 990, PART VI, SECTION C, LINE 19
CHANGES IN NET ASSETS OR FUND BALANCES:	PENSION-RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST -3,044,363. EQUITY IN INCOME OF SUBSIDIARIES 13,559. BUILDING AND MORTGAGE LOAN FAIR VALUE ADJUSTMENT -1,202,861. OPERATING LEASE FAIR VALUE ADJUSTMENT -81,487. MBAFIRST LLC EXPENSE 25,656. TOTAL TO FORM 990, PART XI, LINE 5: -4,289,496.	FORM 990, PART XI, LINE 5:
	THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR.	FORM 990, PART XII, LINE 2C

Schedule R IRS990ScheduleR

Form990 Schedule R Part I Form990ScheduleRPartI (2 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Total IncomeTotalIncome	EOY AssetsEOYAssets
1331 L STREET LLC (DORMANT)
1717 RHODE ISLAND AVE NW 400	WASHINGTON	DC	20036	331210397	FORMERLY HELD MBA HEADQUARTERS OFFICE BUILDING	DE	0	0
MBA FIRST LLC
1717 RHODE ISLAND AVE NW 400	WASHINGTON	DC	20036		PROVIDES SVCS TO ORGANIZATIONS IN THE REAL ESTATE FINANCE INDUSTRY	DC	0	0

Form990 Schedule R Part II Form990ScheduleRPartII (4 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Exempt Code SectionExemptCodeSection	Controlled OrgControlledOrg	Public Charity StatusPublicCharityStatus
MISMO INC
1717 RHODE ISLAND AVE NW 400	WASHINGTON	DC	20036	510502943	DEVELOPING, PROMOTING AND MAINTAINING VOLUNTARY ELECTRONIC COMMERCE STDS	DE	501(C)(6)	1
RIHA
1717 RHODE ISLAND AVE NW 400	WASHINGTON	DC	20036	366109824	FURTHERING RESEARCH IN THE FIELD OF MORTGAGE BANKING AND REAL ESTATE FINANCE	IL	501(C)(3)	1	509(A)(3)
MORPAC
1717 RHODE ISLAND AVE NW 400	WASHINGTON	DC	20036	526144335	POLITICAL ACTION COMMITTEE	DC	527	1
MORTGAGE ACTION ALLIANCE INC
1717 RHODE ISLAND AVE NW 400	WASHINGTON	DC	20036	271893100	SUPPORT COMMON BUSINESS INTERESTS OF REAL ESTATE FINANCE INDUSTRY	DE	501(C)(6) (PENDING)	1

Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivityPrimaryActivity	Legal Domicile StateLegalDomicileState	Type Of EntityTypeOfEntity	Share Of Total IncomeShareOfTotalIncome	Share Of EOY AssetsShareOfEOYAssets	Percentage OwnershipPercentageOwnership
LENDER TECHNOLOGIES CORPORATION
1717 RHODE ISLAND AVE NW 400	WASHINGTON	DC	20036	522233464	ENABLES VALUE-ADDED TECHNOLOGY AND INFORMATION PRODUCTS	DC	C	35202	121900	1.00000
SISAC INC
1717 RHODE ISLAND AVE NW 400	WASHINGTON	DC	20036	522413168	OPEN ACCESS AND STANDARDS IN REAL ESTATE FINANCE BUSINESS TRANSACTIONS	DE	C		-827	1.00000

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	0	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	0	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	0	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	0	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	0	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	0	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	0	ExchangeOfAssets
Rental Of Facilities To Other Orgs	0	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	0	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	0	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	0	PerformOfServicesByOtherOrgs
Sharing Of Facilities	0	SharingOfFacilities
Sharing Of Paid Employees	1	SharingOfPaidEmployees
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	1	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	0	OtherTransferToOtherOrg
Other Transfer From Other Org	0	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved	Method Of Amt DeterminationMethodOfAmtDetermination
RIHA
N	30000	AGREED FEE
RIHA
P	29962	ACTUAL EXPENSE
MISMO INC
P	10000	ACTUAL INTERCOMPANY TRANSACTIONS