CONFERENCE OF STATE BANK SUPERVISORS INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: CONFERENCE OF STATE BANK SUPERVISORS INC (EIN 52-2080072)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-11-15
IRS object ID: 201143199349304944
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 I
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-11-15T13:59:07-06:00	Timestamp
Tax Period End Date	2010-12-31	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	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	522080072	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	CONFERENCE OF STATE BANK SUPERVISORS INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	CONF	NameControl
Phone	2022962840	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1129 20TH STREET NW NO 900	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20036	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	A NEIL MILNER	Name
Title	PRESIDENT AND CEO	Title
Phone	2022962840	Phone
Date Signed	2011-11-15	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	BRIAN G FUNK	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)
Address Change	X	AddressChange

Doing Business As DoingBusinessAs

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

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	A NEIL MILNER	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	1129 20TH STREET NW NO 900	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20036	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	72590715	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.CSBS.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1996	YearFormation
State Legal Domicile	DC	StateLegalDomicile
Activity Or Mission Description	TO SUPPORT THE LEADERSHIP ROLE OF STATE BANKING SUPERVISORS IN ADVANCING THE STATE BANKING SYSTEM; ENHANCING CONSUMER PROTECTION; ENSURING SAFETY AND SOUNDNESS; PROMOTING ECONOMIC GROWTH; AND FOSTERING INNOVATIVE STATE REGULATION OF THE FINANCIAL SERVICES INDUSTRY.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	20	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	20	NbrIndependentVotingMembers
Total Nbr Employees	59	TotalNbrEmployees
Total Nbr Volunteers	20	TotalNbrVolunteers
Total Gross UBI	0	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	21244862	ProgramServiceRevenuePriorYear
Program Service Revenue CY	72233955	ProgramServiceRevenueCY
Investment Income Prior Year	21462	InvestmentIncomePriorYear
Investment Income Current Year	33858	InvestmentIncomeCurrentYear
Other Revenue Prior Year	13492	OtherRevenuePriorYear
Other Revenue Current Year	331777	OtherRevenueCurrentYear
Total Revenue Prior Year	21279816	TotalRevenuePriorYear
Total Revenue Current Year	72599590	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	511000	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	511000	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	5367684	SalariesEtcPriorYear
Salaries Etc Current Year	6762235	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	14628953	OtherExpensePriorYear
Other Expenses Current Year	48652149	OtherExpensesCurrentYear
Total Expenses Prior Year	20507637	TotalExpensesPriorYear
Total Expenses Current Year	55925384	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	772179	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	16674206	RevenuesLessExpensesCY
Total Assets BOY	19948793	TotalAssetsBOY
Total Assets EOY	37661063	TotalAssetsEOY
Total Liabilities BOY	15864037	TotalLiabilitiesBOY
Total Liabilities EOY	16763546	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	4084756	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	20897517	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	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; ENHANCING CONSUMER PROTECTION; ENSURING SAFETY AND SOUNDNESS; PROMOTING ECONOMIC GROWTH; AND FOSTERING INNOVATIVE STATE REGULATION OF THE FINANCIAL SERVICES INDUSTRY.THE STATE BANKING DEPARTMENTS REGULATE VARIOUS TYPES OF FINANCIAL ACTIVITY WITHIN THEIR JURISDICTIONS, INCLUDING INSURED DEPOSITORY INSTITUTIONS SUCH AS BANKS, CREDIT UNIONS AND THRIFTS, MORTGAGE LENDERS, CONSUMER FINANCE LENDERS, PAYDAY LENDERS, CHECKER CASHERS, AND MONEY SERVICES BUSINESSES.	MissionDescription
Significant New Program Services	1	SignificantNewProgramServices
Significant Change	0	SignificantChange
Description	THE LARGEST PROGRAM IS THE ONGOING OPERATION OF THE NATIONWIDE MORTGAGE LICENSING SYSTEM AND REGISTRY (NMLS). NMLS IS THE LICENSING SYSTEM OF RECORD FOR MORTGAGE REGULATORY AGENCIES IN ALL 50 STATES, THE DISTRICT OF COLUMBIA, GUAM, PUERTO RICO, AND U.S. VIRGIN ISLANDS. NMLS IS THE OFFICIAL AND SOLE SYSTEM FOR MORTGAGE COMPANIES AND INDIVIDUALS SEEKING TO APPLY FOR, AMEND, RENEW AND SURRENDER LICENSES MANAGED IN NMLS ON BEHALF OF STATE REGULATORY AGENCIES. NMLS ITSELF DOES NOT GRANT OR DENY LICENSE AUTHORITY. LAUNCHED IN JANUARY 2008, NMLS IS OPERATED BY STATE REGULATORY REGISTRY LLC (SRR), A WHOLLY OWNED SUBSIDIARY OF CSBS, ON BEHALF OF STATE REGULATORS. THE SECURE AND FAIR ENFORCEMENT OF MORTGAGE LICENSING ACT OF 2008 (THE SAFE ACT) INTRODUCED NEW REQUIREMENTS FOR LICENSEES, SUCH AS CRIMINAL BACKGROUND CHECKS, A CREDIT HISTORY REVIEW, PRE-LICENSURE EDUCATION REQUIREMENTS, AND BOTH A NATIONAL AND STATE-SPECIFIC TEST COMPONENTS EACH APPLICANT MUST PASS TO OBTAIN A LICENSE. AS OF NOVEMBER 1, 2010, ALL OF THESE FUNCTIONALITIES ARE AVAILABLE THROUGH NMLS. ALSO, THE SAFE ACT REQUIRES NMLS TO PROVIDE LICENSING INFORMATION AND EMPLOYMENT HISTORY INFORMATION TO CONSUMERS FREE OF CHARGE. NMLS MET THIS REQUIREMENT IN JANUARY 2010 BY LAUNCHING NMLS CONSUMER ACCESS (WWW.NMLSCONSUMERACCESS.ORG), A WEBSITE FOR THE PUBLIC TO CONFIRM THAT THE MORTGAGE COMPANY OR MORTGAGE PROFESSIONALS WITH WHOM THEY WISH TO CONDUCT BUSINESS IS LICENSED IN THEIR STATE. IN ADDITION, THE SAFE ACT REQUIRES ALL MORTGAGE LOAN ORIGINATORS AFFILIATED WITH AN INSURED DEPOSITORY INSTITUTION TO BE REGISTERED WITH NMLS. REGISTRATION OF THESE INDIVIDUALS HAS BEEN COMPLETED ON JULY 29, 2011.IN 2010, MAJOR MILESTONES ACHIEVED BY THE STATES, CSBS, SRR, AND THE NMLS INCLUDED:--> 24 NEW STATE AGENCIES BEGAN USING NMLS AS THE SYSTEM OF RECORD FOR THEIR LICENSEES, BRINGING THE TOTAL NUMBER OF STATE AGENCIES PARTICIPATING ON NMLS TO 58.--> ALL STATES REQUIRED LICENSEES TO MEET STATE LAW REQUIREMENTS CONTAINED IN THE SAFE ACT.--> SRR ENTERED INTO A CONTRACT WITH FEDERAL FINANCIAL REGULATORY AGENCIES TO MODIFY NMLS TO REGISTER MORTGAGE LOAN ORIGINATORS AND THEIR EMPLOYERS THAT ARE DEPOSITORY OR FARM CREDIT INSTITUTIONS, OR FEDERALLY REGULATED OPERATING SUBSIDIARIES.--> MAJOR FUNCTIONALITY COMPONENTS WERE ADDED TO THE NMLS, INCLUDING NMLS CONSUMER ACCESS, CRIMINAL BACKGROUND CHECKS, CREDIT CHECKS, ENHANCED RENEWALS AND REGISTRATION OF DEPOSITORY MORTGAGE LOAN ORIGINATORS (REGISTRATION BECAME OPERATIONAL ON JANUARY 31, 2011).--> NMLS DEVELOPED AND LAUNCHED 27 ADDITIONAL UNIQUE STATE TEST COMPONENTS FOR MORTGAGE LOAN ORIGINATORS FOR A TOTAL OF ONE NATIONAL AND 52 INDIVIDUAL STATE TEST COMPONENTS. NMLS ADMINISTERED MORE THAN 368,000 TEST COMPONENTS IN 2010, BRINGING THE TOTAL ADMINISTERED SINCE JULY 2009 TO 396,390 TEST COMPONENTS.--> NMLS CONTINUED TO MANAGE EXISTING CONTINUING EDUCATION COURSE PROVIDERS AND APPROVE NEW COURSE PROVIDERS. IN 2010, 90 NEW COURSE PROVIDERS WERE APPROVED, FOR A TOTAL OF 247 APPROVED COURSE PROVIDERS, WHO DELIVERED 1,913,903 HOURS OF EDUCATION THROUGH 974 NMLS-APPROVED COURSES.--> THE MORTGAGE TESTING AND EDUCATION BOARD (MTEB) CONDUCTED NUMEROUS ADMINISTRATIVE PROCEDURES CONCERNING MORTGAGE LOAN ORIGINATOR TESTING AND EDUCATION MATTERS, COURSES AND PROVIDERS.--> AS PART OF SAFE ACT REQUIREMENTS FOR MORTGAGE LOAN ORIGINATORS, NMLS IMPLEMENTED AND COMPLETED A STATE AGENCY CERTIFICATION PROCESS TO RECOGNIZE PREVIOUSLY COMPLETED STATE TESTING AND EDUCATION.--> SRR HELD TWO PUBLIC INDUSTRY MEETINGS WITH THE NMLS OMBUDSMAN. --> NMLS MANAGED 176,032 UNIQUE ENTITIES (COMPANIES, BRANCHES, AND MORTGAGE LOAN ORIGINATORS) WHICH HELD 296,975 STATE LICENSES FROM THE 58 PARTICIPATING STATE AGENCIES.--> FOUR STATE MORTGAGE REGULATORY AGENCIES RECEIVED CERTIFICATES OF ACCREDITATION BY THE CSBS/AARMR MORTGAGE ACCREDITATION PROGRAM. SUCH AGENCIES ARE CONSIDERED COMPLIANT WITH THE SAFE ACT SUPERVISORY PERFORMANCE STANDARDS UNDER THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT'S PROPOSED SAFE ACT RULE.--> NMLS COLLECTED AND DISBURSED $76 MILLION IN STATE LICENSE FEES.--> THE NMLS CALL CENTER ANSWERED MORE THAN 739,865 INQUIRIES FROM USERS.--> THE NMLS RESOURCE CENTER WEBSITE RECEIVED 4.6 MILLION VISITS.--> SRR CONDUCTED MORE THAN 29 INDUSTRY AND REGULATOR USER TRAINING SESSIONS, INSTRUCTING MORE THAN 2,500 PROFESSIONALS.--> NMLS PROCESSING FEES REMAINED UNCHANGED FOR THE THIRD STRAIGHT YEAR OF NMLS OPERATIONS.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Description	THE CSBS STATE-FEDERAL SUPERVISORY SYMPOSIUM (SFSF), WHICH WAS HELD IN BOSTON, MA IN MAY 2010, WAS HELD TO PROVIDE A FORUM FOR STATE AND FEDERAL FINANCIAL REGULATORS TO DISCUSS REGULATORY AND LEGISLATIVE POLICY ISSUES FACING FINANCIAL REGULATORS AND THE FINANCIAL SYSTEM AS A WHOLE. THE SFSF PROVIDED ALL ATTENDEES AN OPPORTUNITY TO ENGAGE IN FRANK DIALOGUE ON THE CHALLENGES AND OPPORTUNITIES FACING STATE AND FEDERAL REGULATORS ALIKE. THIS YEAR'S SFSF WAS ATTENDED BY 86 STATE REGULATORS FROM 36 STATES AS WELL AS 48 FEDERAL REGULATORS REPRESENTING EIGHT FEDERAL AGENCIES, INCLUDING THE FEDERAL DEPOSIT INSURANCE CORPORATION, THE FEDERAL RESERVE SYSTEM, THE FINANCIAL CRIMES ENFORCEMENT NETWORK, AND THE OFFICE OF THE COMPTROLLER OF THE CURRENCY.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Description	THE CSBS REGULATORY DIVISION CONTINUED TO ENHANCE AND EXPAND ITS WORK OVER THE PAST YEAR. THE REGULATORY DIVISION HAS FACILITATED COORDINATION AMONG THE FEDERAL REGULATORY AGENCIES (THE FEDERAL DEPOSIT INSURANCE CORPORATION, THE FARM CREDIT ADMINISTRATION, THE FEDERAL RESERVE SYSTEM, THE NATIONAL CREDIT UNION ADMINISTRATION, THE OFFICE OF THE COMPTROLLER OF THE CURRENCY, AND THE OFFICE OF THRIFT SUPERVISION) TO FINALIZE REGULATIONS REQUIRING MORTGAGE LOAN ORIGINATORS AFFILIATED WITH INSURED DEPOSITORY INSTITUTIONS TO REGISTER WITH THE NATIONWIDE MORTGAGE LICENSING SYSTEM AND REGISTRY (NMLS). REGISTRATION OF THESE INDIVIDUALS BEGAN ON JANUARY 31, 2011.THE REGULATORY DIVISION HAS ALSO BEEN WORKING ON THE RECENTLY-ENACTED DODD-FRANK WALL STREET REFORM AND CONSUMER PROTECTION ACT OF 2010. THE DODD-FRANK ACT REQUIRED SUBSTANTIAL WORK BY CSBS STAFF TO REVIEW AND ANALYZE THE LAW AND HOW IT WILL IMPACT STATE REGULATORS AND STATE-SUPERVISED ENTITIES. WORK IN THIS AREA REMAINS ONGOING.THE CSBS REGULATORY DIVISION ALSO SERVED AS A LIAISON BETWEEN STATE REGULATORS AND THEIR FEDERAL COUNTERPARTS TO ENSURE CONSISTENT AND COMPREHENSIVE SUPERVISION OF STATE-CHARTERED BANKS THROUGHOUT THE ECONOMIC CRISIS AND FINANCIAL DOWNTURN. FOR EXAMPLE, CSBS STAFF HAS FACILITATED DIALOGUE WITH STAFF OF THE NEWLY CREATED CONSUMER FINANCIAL PROTECTION BUREAU (CFPB) TO ENSURE THEY UNDERSTAND THE VALUABLE AND CRITICAL ROLE THE STATES PLAY IN CONSUMER PROTECTION. AS A FIRST STEP IN STREAMLINING THE SUPERVISORY PROCESS BETWEEN THE STATES AND THE CFPB, THE CFPB SIGNED AN INFORMATION SHARING MEMORANDUM OF UNDERSTANDING WITH CSBS AND SEVERAL STATES IN JANUARY 2011. THE AGREEMENT PROVIDES A FRAMEWORK FOR COORDINATION AND INFORMATION SHARING, WHICH THE STATES AND THE CFPB CAN BUILD UPON AS THEY MOVE FORWARD.CSBS STAFF ALSO CONTINUED TO PARTICIPATE IN THE DEVELOPMENT OF INTERAGENCY EXAMINATION TOOLS AND ENHANCED THE CSBS WEBSITE WITH RESOURCES FOR STATE EXAMINERS TO UTILIZE AS THEY SUPERVISE FINANCIAL INSTITUTIONS.	Description

Field	Value	IRS element (for citing)
Described In501 C3	0	DescribedIn501C3
Schedule B Required	0	ScheduleBRequired
Political Activities	0	PoliticalActivities
Subject To Proxy Tax	1	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	1	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	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	1	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	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	24	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	59	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
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	20	NbrVotingGoverningBodyMembers
Number Independent Voting Members	20	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	1	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	1	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	THE ORGANIZATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	2022962840	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1129 20TH STREET NW NO 900	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20036	ZIPCode

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	X	InfoInScheduleOPartVII

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
JOHN P DUCREST
CHAIRMAN	3.00	X	X	0	0	0
WILLIAM S HARAF
CHAIRMAN-ELECT	3.00	X	X	0	0	0
GREG GONZALES
VICE CHAIRMAN	3.00	X	X	0	0	0
CANDACE A FRANKS
SECRETARY	3.00	X	X	0	0	0
CHARLES A VICE
TREASURER	3.00	X	X	0	0	0
JOSEPH A SMITH JR
IMMEDIATE PAST CHAIR	3.00	X	X	0	0	0
SCOTT D CLARKE
EFSBS CHAIRMAN	3.00	X		0	0	0
GAVIN M GEE
SRR CHAIRMAN	3.00	X		0	0	0
JAMES M SCHIPPER
BANKER ADVISORY BOARD CO-CHAIR	3.00	X		0	0	0
CHARLES G COOPER
LEGISLATIVE CMTE CHAIR	3.00	X		0	0	0
MARK KAUFMAN
REGULATORY CMTE CHAIR	3.00	X		0	0	0
VAUGHN M NORING
SSPC CHAIR	3.00	X		0	0	0
J THOMAS CARDWELL
FBRC CHAIR	3.00	X		0	0	0
LLOYD P LAFOUNTAIN III
DISTRICT I CHAIR	3.00	X		0	0	0
DAVID H MILLS
DISTRICT II CHAIR	3.00	X		0	0	0
JOHN D HARRISON
DISTRICT III CHAIR	3.00	X		0	0	0
ROBERT J ENTRINGER
DISTRICT IV CHAIR	3.00	X		0	0	0
DAVID C TATMAN
DISTRICT V CHAIR	3.00	X		0	0	0
SCOTT JARVIS
MEMBER-AT-LARGE	3.00	X		0	0	0
LAUREN KINGRY
MEMBER-AT-LARGE	3.00	X		0	0	0
ARTHUR NEIL MILNER
PRESIDENT AND CEO	37.50		X	517941	57549	43116
SHARON G BIAS
CHIEF FINANCIAL OFFICER (JAN-JULY)	37.50		X	146802	16312	9044
THOMAS E HARLOW
CHIEF FINANCIAL OFFICER (SEPT-DEC)	37.50		X	86281	9587	4593
JOHN RYAN
EXECUTIVE VICE PRESIDENT	37.50			351174	0	26508	X
WILLIAM MATTHEWS
SRR PRESIDENT AND CEO	37.50			274698	0	19624	X
JOHN GORMAN
GENERAL COUNSEL	37.50			274368	0	36930	X
MICHAEL STEVENS
SVP, REGULATORY POLICY	37.50			222737	24749	19093	X
MARGARET LIU
SVP, LEGISLATIVE & DEPUTY GEN CNSL	37.50			239077	0	20430	X
BARBARA MICHELS
SRR CHIEF TECHNOLOGY OFFICER	37.50			232655	0	16719	X
TIMOTHY DOYLE
SRR VP, MORTGAGE POLICY/OPERATIONS	37.50			213238	0	17894	X
PETER MARKS
SRR VP, TESTING & EDUCATION PROGRAMS	37.50			155691	0	20154	X
MARY BETH QUIST
SVP, SUPERVISORY PROCESSES	37.50			164566	18286	25949		X
CHARLES CROSS
VP, MORTGAGE REGULATORY POLICY	37.50			94328	94328	17662		X
PETER WALLACE
SRR SR. DIR., PROJECT MANAGEMENT	37.50			121919	0	15083		X
VICKIE SLATER
SRR SR. DIR., OPERATIONS	37.50			121537	0	4443		X
MARY PFAFF
SRR SR. DIR., POLICY	37.50			117511	0	17132		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	3334523	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	220811	TotalReportableCompFrmRltdOrgs
Total Other Compensation	314374	TotalOtherCompensation
Number Individuals GT100 K	23	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
FINANCIAL INDUSTRY REGULATORY AUTHORITY
9509 KEY WEST AVE	ROCKVILLE	MD	20850	DEVELOPMENT/HOSTING OF NMLS	40380333
FEDERAL BUREAU OF INVESTIGATION CJIS DI
1000 CUSTER HOLLOW RD	CLARKSBURG	WV	26306	NMLS CRIMINAL BACKGROUND CHECKS	2522123
FIELDPRINT
400 LIPPINCOTT DR SUITE 114	MARLTON	NJ	08053	NMLS FINGERPRINTING SERVICES	1708071
TMT DEMONET
PO BOX 13606	NEWARK	NJ	07188	LANDLORD OF OFFICE SPACE	860470
PRINCIPAL GROUP
PO BOX 9394	DES MOINES	IA	50306	PENSION ADMINISTRATOR/ACTUARY	559846

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	10	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
MLO TESTING/EDUCATION	900099	37227978	37227978
NMLS PROCESSING FEES	518210	29741211	29741211
MEMBERSHIP DUES/ASSESS	900099	5115725	5115725
SFSF & ANNUAL MEETING	900099	114897	114897
EVENTS/SUMMITS	900099	22925	22925

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	11219	TotalRevenueColumn
Related Or Exempt Function Income	11219	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	72233955	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	22383	TotalRevenueColumn
Exclusion	$22,383	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Other	2600	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Other	-8875	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	11475	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	11475	TotalRevenueColumn
Exclusion	$11,475	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount
GAIN FROM SETTLEMENT	900099	321782	321782
MISCELLANEOUS	900099	9995		$9,995

Field	Value	IRS element (for citing)
Total Other Revenue	331777	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	72599590	TotalRevenueColumn
Related Or Exempt Function Income	72555737	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$43,853	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	511000	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	3255951	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	2228935	Total

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	859094	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	70785	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	347470	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	80299	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	70467	Total

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	18500	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	260086	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	23972	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	295947	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	12371146	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	836847	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	295606	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	337262	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	151021	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	3298393	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	57583	Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal
MLO TESTING FEES	18517437
FINGERPRINT PROCESSING	6066461
MLO EDUC COURSE FEES	2819303
BANK CHARGES	2088470
CREDIT REPORT FEES	665654

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	397695	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	55925384	Total

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	162975	BOY
EOY	177174	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	3165935	BOY
EOY	12507280	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	844624	BOY
EOY	1879991	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	184115	BOY
EOY	585725	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	26838763	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	7009517	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	14035039	BOY
EOY	19829246	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	1065508	BOY
EOY	1225874	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	490597	BOY
EOY	1455773	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	19948793	BOY
EOY	37661063	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	3873716	BOY
EOY	9953257	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	2997469	BOY
EOY	2326313	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	4994763	BOY
EOY	19063	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	3998089	BOY
EOY	4464913	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	15864037	BOY
EOY	16763546	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	4084756	BOY
EOY	20897517	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	4084756	BOY
EOY	20897517	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	19948793	BOY
EOY	37661063	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	16674206	ReconcilationRevenueExpenses
Reconcilation Other Changes	138555	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)
Substantially All Dues Nondeduct	0	SubstantiallyAllDuesNondeduct
Only In House Lobbying	0	OnlyInHouseLobbying
Agree To Carryover Prior Year	0	AgreeToCarryoverPriorYear
Dues Assessments	5115725	DuesAssessments
Non Ded Lobby Political Current	335345	NonDedLobbyPoliticalCurrent
Non Ded Lobby Political Total	335345	NonDedLobbyPoliticalTotal
Amount To Be Carried Over	0	AmountToBeCarriedOver
Taxable	$335,345	TaxableAmount

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Agent Trustee Etc	1	AgentTrusteeEtc
Beginning Balance	2555433	BeginningBalance
Additions During Year	139478198	AdditionsDuringYear
Distributions During Year	139117068	DistributionsDuringYear
Ending Balance	2916563	EndingBalance
Included On FS	0	IncludedOnFS

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	321927	OtherCostOrOtherBasis
Depreciation	274779	Depreciation
Book Value	47148	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1011105	OtherCostOrOtherBasis
Depreciation	676266	Depreciation
Book Value	334839	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	25505731	OtherCostOrOtherBasis
Depreciation	6058472	Depreciation
Book Value	19447259	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	19829246	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (5 entries)

DescriptionDescription	AmountAmount
ACCRUED PENSION COST	$2,768,027
DAY WITH THE COMMISSIONER	$68,704
DEFERRED COMPENSATION LIABILITY	$371,374
DUE TO RELATED ORGANIZATION	$1,255,205
FUNDS HELD FOR OTHERS	$1,603

Field	Value	IRS element (for citing)
Total Of Amounts	4464913	TotalOfAmounts
Total Revenue	72599590	TotalRevenue
Total Expenses	55925384	TotalExpenses
Excess Or Deficit For Year	16674206	ExcessOrDeficitForYear
Net Unrealized GL On Investments	138555	NetUnrealizedGLOnInvestments
Total Adjustments	138555	TotalAdjustments
Excess Or Deficit Per FS	16812761	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	72726670	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	138555	NetUnrealizedGainsInvestments
Revenue Not Rptd F990	138555	RevenueNotRptdF990
Revenue Subtotal	72588115	RevenueSubtotal
Other Revenues Not Included	11475	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	11475	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	72599590	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	55913909	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	-11475	OtherExpensesIncluded
Expenses Not Rptd F990	-11475	ExpensesNotRptdF990
Expenses Subtotal	55925384	ExpensesSubtotal
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	55925384	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
PART IV, LINE 1B:	WE ARE A TEMPORARY CUSTODIAN OF FUNDS COLLECTED FROM MORTGAGE LICENSEES WHO USE THE NATIONWIDE MORTGAGE LICENSING SYSTEM AND REGISTRY. THESE FUNDS ARE NOT RECORDED ON OUR BALANCE SHEET. WE HOLD THE FUNDS IN A BANKING/SWEEP ACCOUNT FOR APPROXIMATELY EIGHT BUSINESS DAYS IN ORDER TO ASSURE THAT FUNDS COLLECTED THROUGH ACH AND CREDIT CARD CHARGES HAVE TIME TO CLEAR THE BANKING SYSTEM; THEN WE REMIT THE COLLECTED FUNDS TO THE APPROPRIATE STATES AND TRANSFER THE PORTION BELONGING TO SRR AS A PROCESSING FEE TO OUR OWN OPERATING ACCOUNT.
PART X:	THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND THEREFORE, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. MANAGEMENT CONSIDERS THE YEARS FROM 2007 THROUGH 2010 TO BE OPEN FOR EXAMINATION BY TAXING AUTHORITIES.	DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
	GAIN ON DISPOSAL OF ASSETS 11,475.	PART XII, LINE 4B - OTHER ADJUSTMENTS:
	GAIN ON DISPOSAL OF ASSETS -11,475.	PART XIII, LINE 2D - OTHER ADJUSTMENTS:

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	1	RecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	EDUCATION FOUNDATION OF STATE BANK SUPERVISORS	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1129 20TH STREET NW 9TH FLOOR	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20036	ZIPCode

Field	Value	IRS element (for citing)
EIN Of Recipient	521347951	EINOfRecipient
IRC Section	501(C)(3)	IRCSection
Amount Of Cash Grant	511000	AmountOfCashGrant
Purpose Of Grant	SUPPORTS THE EDUCATION AND TRAINING OF STATE BANK AND MORTGAGE REGULATORS	PurposeOfGrant

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	1	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	0	TotalNbrOfOtherOrganizations

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	PROCEDURE FOR MONITORING GRANTS IN THE U.S.:	Identifier
Return Reference	PART I, LINE 2:	ReturnReference
Explanation	SCHEDULE I, PART I, LINE 2: CSBS AND SRR PROVIDE PERIODIC SUPPORT TO THE EDUCATION FOUNDATION OF STATE BANK SUPERVISORS (EFSBS), AS EFSBS SERVES AS THE CHARITABLE ARM OF CSBS. THE GOVERNING BOARD OF CSBS RECEIVES PERIODIC UPDATES ON THE PROGRAM ACCOMPLISHMENTS OF THE EFSBS.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
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
Form990 Of Other Organizations	X	Form990OfOtherOrganizations
Written Employment Contract	X	WrittenEmploymentContract
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	1	SeverancePayment
Supplemental Nonqual Retire Plan	0	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (12 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
ARTHUR NEIL MILNER
434972	48330	41850	4650	41119	4569	23130	2570	21912	2435	562983	62554	0	0
SHARON G BIAS
89492	9944	0	0	57310	6368	3429	381	5330	592	155561	17285	0	0
JOHN RYAN
289235	0	58488	0	3451	0	17600	0	10675	0	379449	0	0	0
WILLIAM MATTHEWS
227664	0	46165	0	869	0	8394	0	13148	0	296240	0	0	0
JOHN GORMAN
227663	0	46165	0	540	0	25700	0	13287	0	313355	0	0	0
MICHAEL STEVENS
181771	20197	40590	4510	376	42	8001	889	10798	1200	241536	26838	0	0
MARGARET LIU
198137	0	40000	0	940	0	9200	0	12840	0	261117	0	0	0
BARBARA MICHELS
199454	0	30000	0	3201	0	8227	0	10074	0	250956	0	0	0
TIMOTHY DOYLE
177998	0	35000	0	240	0	6664	0	12557	0	232459	0	0	0
PETER MARKS
119908	0	31000	0	4783	0	6424	0	16161	0	178276	0	0	0
MARY BETH QUIST
148183	16465	15791	1755	592	66	6948	772	17643	1960	189157	21018	0	0
CHARLES CROSS
82862	82862	11250	11250	216	216	3216	3216	6536	6536	104080	104080	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)

Return ReferenceReturnReference

ExplanationExplanation

PART I, LINE 1A

THE WRITTEN EMPLOYMENT CONTRACT THE CONFERENCE HAS WITH ITS PRESIDENT AND CEO INCLUDES, AMONGST OTHER THINGS, PROVISIONS FOR A GROSS-UP ON HIS POTENTIAL ANNUAL BONUS TO COMPENSATE FOR INCOME TAXES, AN ALLOWANCE FOR SPOUSAL TRAVEL ON BUSINESS-RELATED TRIPS UP TO AN ANNUAL MAXIMUM OF $5,000, AND AN ANNUAL MEMBERSHIP IN A GOLF CLUB. DURING 2010, THE PRESIDENT AND CEO RECEIVED AS TAXABLE COMPENSATION (1) A GROSS-UP PAYMENT OF $2,711, (2) $2,150 FOR SPOUSAL TRAVEL EXPENSES, AND (3) $4,800 FOR CLUB MEMBERSHIP FEES.

PART I, LINE 4A

CFO SHARON BIAS RESIGNED IN JULY 2010. AS A RESULT, THE CONFERENCE PAID HER SEVERANCE OF $48,987.

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (14 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
NEW PROGRAM SERVICES	FORM 990, PART III, LINE 2	IN JANUARY 2010, CSBS LAUNCHED NMLS CONSUMER ACCESS, A FULLY SEARCHABLE WEBSITE THAT ALLOWS THE PUBLIC TO VIEW INFORMATION ON OVER 25,000 COMPANIES AND CLOSE TO 500,000 INDIVIDUAL MORTGAGE LOAN ORIGINATORS (MLO'S) THAT ARE STATE-LICENSED OR FEDERALLY REGISTERED THROUGH THE NATIONWIDE MORTGAGE LICENSING SYSTEM AND REGISTRY (NMLS). NMLS CONSUMER ACCESS PROVIDES HOMEBUYERS AND THE GENERAL PUBLIC WITH GREATER INFORMATION FREE OF CHARGE CONCERNING THE COMPANIES AND PROFESSIONALS IN THE MORTGAGE INDUSTRY. CONTAINING ALL STATE-LICENSED AND FEDERALLY REGISTERED MLO'S ACROSS THE COUNTRY, NMLS CONSUMER ACCESS IS AN INVALUABLE PUBLIC RESOURCE. THE NMLS IS A WEB-BASED SYSTEM THAT ALLOWS (1) STATE LICENSED MORTGAGE LENDERS, MORTGAGE BROKERS, AND LOAN OFFICERS TO APPLY FOR, AMEND, UPDATE OR RENEW A LICENSE, AND (2) FEDERAL DEPOSITORY INSTITUTIONS AND THEIR INDIVIDUAL MORTGAGE LOAN ORIGINATORS TO REGISTER ONLINE THROUGH A SINGLE SET OF UNIFORM APPLICATIONS.
FORM 990, PART VI, SECTION A, LINE 1		THE EXECUTIVE COMMITTEE IS EMPOWERED TO ACT IN LIEU OF THE BOARD OF DIRECTORS BETWEEN SCHEDULED BOARD MEETINGS; HOWEVER, ALL ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE SHALL BE APPROVED BY THE BOARD AT ITS NEXT SCHEDULED MEETING, AND THE EXECUTIVE COMMITTEE IS NOT EMPOWERED TO APPROVE SALARY CHANGES OR NON-BUDGETED EXPENSES ABOVE $5,000. THE EXECUTIVE COMMITTEE CONSISTS OF ALL SITTING OFFICERS OF THE BOARD OF DIRECTORS AS WELL AS THE IMMEDIATE PAST CHAIRMAN.
FORM 990, PART VI, SECTION A, LINE 4		AT A SPECIAL MEMBERSHIP MEETING HELD ON OCTOBER 15, 2010, THE REGULAR VOTING MEMBERSHIP OF THE CONFERENCE APPROVED AMENDING THE CSBS ARTICLES OF INCORPORATION AND BYLAWS IN ORDER TO INCORPORATE VARIOUS CHANGES REFLECTING THE RESPONSIBILITIES THAT THE SAFE ACT, THE DODD-FRANK ACT, AND OTHER FEDERAL LAWS CONFER ON STATE REGULATORS AND TO BE CONSISTENT WITH OUR PLANNED APPLICATION TO CONVERT TO 501(C)(3) STATUS.
FORM 990, PART VI, SECTION A, LINE 6		REGULAR VOTING MEMBERSHIP IN THE CONFERENCE 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. THE CONFERENCE'S 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 THE CONFERENCE AND ARE NOT ELIGIBLE TO HOLD AN ELECTED OFFICE IN THE CONFERENCE.
FORM 990, PART VI, SECTION A, LINE 7A		THE OFFICERS OF THE 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 THE CONFERENCE 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 11		THE FORM 990 IS THOROUGHLY REVIEWED BY THE CONFERENCE'S MANAGEMENT TEAM BEFORE IT IS FILED. THE CONFERENCE ALSO POSTS THE 990 ON THE BOARD'S WEBSITE AND EMAILS THE MEMBERS OF THE BOARD HOW TO ACCESS IT.
	FORM 990, PART VI, SECTION B, LINE 12C	A REVISED CONFLICT OF INTEREST AND CONFIDENTIALITY POLICY WAS ADOPTED IN MARCH 2010 COVERING 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 AND THAT THEY AGREE TO COMPLY WITH THE POLICY. EACH FORM COMPLETED BY A CSBS EMPLOYEE WILL BE REVIEWED BY THE PRESIDENT AND CEO FOR POTENTIAL CONFLICTS, WHILE EACH FORM COMPLETED BY A MEMBER OF THE BOARD OF DIRECTORS OR COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS WILL BE SUBMITTED TO AND REVIEWED BY THE CSBS AUDIT COMMITTEE FOR POTENTIAL CONFLICTS.
	FORM 990, PART VI, SECTION B, LINE 15	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 COMPENSATION COMMITTEE OF CSBS, (2) USE OF DATA AS TO COMPARABLE COMPENSATION, AND (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. THE PERSONNEL AND COMPENSATION COMMITTEE OF THE CSBS BOARD OF DIRECTORS HAS BEEN ESTABLISHED IN THE BYLAWS AS A STANDING COMMITTEE, WHICH DEFINES THAT THE COMMITTEE'S PURPOSE IS TO RECOMMEND SALARY RANGES AND COMPENSATION FOR CSBS STAFF TO THE BOARD OF DIRECTORS FOR APPROVAL AND TO CONDUCT AN ANNUAL PERFORMANCE APPRAISAL OF THE PRESIDENT.
	FORM 990, PART VI, SECTION C, LINE 19	CSBS MAKES ITS CONSOLIDATED AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC THROUGH ITS WEBSITE. IN ADDITION, CSBS' DISREGARDED ENTITY, STATE REGULATORY REGISTRY LLC, HAS ITS OWN SEPARATE AUDITED FINANCIAL STATEMENTS WHICH ARE AVAILABLE UPON REQUEST. CSBS DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY PUBLICLY AVAILABLE; HOWEVER, CSBS WOULD CONSIDER ANY REQUESTS RECEIVED FOR SUCH DOCUMENTS.
CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC	FORM 990, PART VII	SHARON G. BIAS - 177 BALTUSOL DRIVE, CHARLES TOWN, WV 25414.
		FORM 990, PART VII, SECTION A, LINE 1A: CERTAIN OFFICERS, KEY EMPLOYEES, AND HIGHLY COMPENSATED EMPLOYEES LISTED IN PART VII AND ON SCHEDULE J OF THE RETURN ALSO PARTICIPATE IN THE CONFERENCE OF STATE BANK SUPERVISORS PENSION PLAN, WHICH IS A QUALIFIED DEFINED BENEFIT PENSION PLAN.
CHANGES IN NET ASSETS OR FUND BALANCES:	FORM 990, PART XI, LINE 5:	NET UNREALIZED GAINS ON INVESTMENTS: 138,555.
		FORM 990, PART XII, LINE 2C: THE CONFERENCE'S AUDIT REVIEW PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Form990 Schedule R Part I Form990ScheduleRPartI

Name Of Disregarded Entity NameOfDisregardedEntity

Field	Value	IRS element (for citing)
Business Name Line1	STATE REGULATORY REGISTRY LLC	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1129 20TH STREET NW 9TH FLOOR	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20036	ZIPCode

Field	Value	IRS element (for citing)
EIN	205641694	EIN
Primary Activities	THE DEVELOPMENT AND OPERATION OF THE NATIONWIDE MORTGAGE LICENSING SYSTEM	PrimaryActivities
Legal Domicile State	DC	LegalDomicileState
Total Income	67299744	TotalIncome
EOY Assets	29414002	EOYAssets

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	CONFERENCE OF STATE BANK SUPERVISORS INC	BusinessNameLine1

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

Field	Value	IRS element (for citing)
Business Name Line1	EDUCATION FOUNDATION OF STATE BANK SUPERVISORS	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1129 20TH ST NW 9TH FLOOR	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20036	ZIPCode

Field	Value	IRS element (for citing)
EIN	521347951	EIN
Primary Activities	TO ENHANCE STATE FINANCIAL SUPERVISION THROUGH EDUCATION AND TRAINING	PrimaryActivities
Legal Domicile State	DC	LegalDomicileState
Exempt Code Section	501(C)(3)	ExemptCodeSection
Public Charity Status	LINE 9	PublicCharityStatus

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	COMMON CONTROL WITH CSBS	BusinessNameLine1

Field	Value	IRS element (for citing)
Controlled Org	0	ControlledOrg

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	0	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	1	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	1	SharingOfFacilities
Sharing Of Paid Employees	1	SharingOfPaidEmployees
Reimbursement Paid To Other Org	1	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	1	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	1	OtherTransferToOtherOrg
Other Transfer From Other Org	0	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (6 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved	Method Of Amt DeterminationMethodOfAmtDetermination
EDUCATION FOUNDATION OF STATE BANK SUPERVISORS
B	511000	CASH
EDUCATION FOUNDATION OF STATE BANK SUPERVISORS
M	143739	ALLOCATION
EDUCATION FOUNDATION OF STATE BANK SUPERVISORS
N	949875	ALLOCATION
EDUCATION FOUNDATION OF STATE BANK SUPERVISORS
O	49496	CASH
EDUCATION FOUNDATION OF STATE BANK SUPERVISORS
P	335268	CASH
EDUCATION FOUNDATION OF STATE BANK SUPERVISORS
Q	1161400	CASH