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Nonprofiteer
← MORTGAGE INDUSTRY STANDARDS MAINTENANCE ORGANIZATION INC

Form 990 for tax year 2024

Filed by MORTGAGE INDUSTRY STANDARDS MAINTENANCE ORGANIZATION INC.

Totals

Total revenue
$3,280,224
Total expenses
$3,665,181
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Listed in Part VII

  • SAGE NICHOLS

    CHAIR (AS OF 01/25)

    Total calculated
    $0
    Hours/week
    1
  • JOHN HEDLUND

    CHAIR (UNTIL 01/25)

    Total calculated
    $0
    Hours/week
    1
  • MIKE HOGAN

    VICE CHAIR (AS OF 01/25)

    Total calculated
    $0
    Hours/week
    0.5
  • MICHELE BODDA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • TIM BOWLER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • LISA DORSEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • BRYAN DOYLE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • TIM ELKINS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • MICHAEL FRATANTONI

    BOARD MEMBER (UNTIL 01/25)

    Total calculated
    $0
    Hours/week
    0.5
  • SUZANNE GARWOOD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • PETER GRACE

    BOARD MEMBER (AS OF 01/25)

    Total calculated
    $0
    Hours/week
    0.5
  • PATRICK HARTFORD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • JEFF HURLEY

    BOARD MEMBER (UNTIL 12/24)

    Total calculated
    $0
    Hours/week
    0.5
  • ARAVIND JAGANNATHAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • KURT JOHNSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • NEENU KAINTH

    BOARD MEMBER (AS OF 01/25)

    Total calculated
    $0
    Hours/week
    0.5
  • GIUSEPPE LUCIDO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • TERI PANSING

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • KEVIN PERANIO

    BOARD MEMBER (AS OF 01/25)

    Total calculated
    $0
    Hours/week
    0.5
  • AARON PERLIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • ERIC RAY

    BOARD MEMBER (UNTIL 12/24)

    Total calculated
    $0
    Hours/week
    0.5
  • KIRAN SAHOTA

    BOARD MEMBER (AS OF 01/25)

    Total calculated
    $0
    Hours/week
    0.5
  • IKE SURI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • MATT TULLY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • MICHAEL WOOD

    BOARD MEMBER (UNTIL 12/24)

    Total calculated
    $0
    Hours/week
    0.5
  • RICHARD J HILL

    ACTING MISMO PRESIDENT

    Total calculated
    $310,202
    From this org
    $0
    From related orgs
    $280,076
    Other
    $30,126
    Hours/week
    17.5 + 17.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $265,536 related
    Bonus
    $0 + $14,000 related
    Other
    $0 + $540 related
    Deferred
    $0 + $16,128 related
    Nontaxable benefits
    $0 + $13,998 related
    Filer's total
    $0 + $310,202 related
  • JANIS K DAVIS

    MISMO VP-INDUSTRY STDS.(UNTIL 07/25)

    Total calculated
    $280,150
    From this org
    $0
    From related orgs
    $251,135
    Other
    $29,015
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $0 + $235,609 related
    Bonus
    $0 + $15,000 related
    Other
    $0 + $526 related
    Deferred
    $0 + $14,327 related
    Nontaxable benefits
    $0 + $14,688 related
    Filer's total
    $0 + $280,150 related
  • JONATHAN P KEARNS

    MISMO VP-PRODUCT DEVELOPMENT

    Total calculated
    $274,855
    From this org
    $0
    From related orgs
    $226,714
    Other
    $48,141
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $0 + $213,221 related
    Bonus
    $0 + $13,000 related
    Other
    $0 + $493 related
    Deferred
    $0 + $13,437 related
    Nontaxable benefits
    $0 + $34,704 related
    Filer's total
    $0 + $274,855 related
  • MICHAEL W BRIGGS

    MISMO SECRETARY

    Total calculated
    $436,612
    From this org
    $0
    From related orgs
    $397,060
    Other
    $39,552
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $356,520 related
    Bonus
    $0 + $40,000 related
    Other
    $0 + $540 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $18,852 related
    Filer's total
    $0 + $436,612 related
  • ASTRID D VERMEER

    MISMO TREASURER (UNTIL 02/25)

    Total calculated
    $120,965
    From this org
    $0
    From related orgs
    $113,060
    Other
    $7,905
    Hours/week
    1 + 34 related
  • HEATHER D MESSAM

    MISMO TREASURER (AS OF 02/25)

    Total calculated
    $243,851
    From this org
    $0
    From related orgs
    $228,174
    Other
    $15,677
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $215,496 related
    Bonus
    $0 + $12,200 related
    Other
    $0 + $478 related
    Deferred
    $0 + $13,029 related
    Nontaxable benefits
    $0 + $2,648 related
    Filer's total
    $0 + $243,851 related
  • DAVID A COLEMAN

    FORMER MISMO PRESIDENT

    Total calculated
    $294,216
    From this org
    $0
    From related orgs
    $265,628
    Other
    $28,588
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $0 + $223,057 related
    Bonus
    $0
    Other
    $0 + $42,571 related
    Deferred
    $0 + $14,538 related
    Nontaxable benefits
    $0 + $14,050 related
    Filer's total
    $0 + $294,216 related
  • SHELLEY W REBACK

    FORMER MISMO SECRETARY

    Total calculated
    $214,980
    From this org
    $0
    From related orgs
    $200,942
    Other
    $14,038
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $90,297 related
    Bonus
    $0
    Other
    $0 + $110,645 related
    Deferred
    $0 + $6,463 related
    Nontaxable benefits
    $0 + $7,575 related
    Filer's total
    $0 + $214,980 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 3
MISMO'S PARENT ORGANIZATION, THE MORTGAGE BANKERS ASSOCIATION, SETS MISMO PRESIDENT'S COMPENSATION USING THE FOLLOWING CRITERIA: COMPENSATION COMMITTEE, FORM 990 OF OTHER ORGANIZATIONS, APPROVAL BY THE COMPENSATION COMMITTEE.
PART I, LINE 4A
THE ORGANIZATION MADE SEVERANCE PAYMENTS TO THE FOLLOWING EMPLOYEES DURING THE YEAR FOLLOWING SEPARATION FROM SERVICE. DAVID A. COLEMAN: $25,000 SHELLEY W. REBACK: $95,075

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • MORTGAGE BANKERS ASSOCIATION

    501(C)(6) · REPRESENTS THE LEGISLATIVE AND REGULATORY INTERESTS OF THE FINANCE INDUSTRY · IL

  • RESEARCH INSTITUTE FOR HOUSING AMERICA TRUST

    501(C)(3) · FURTHERING RESEARCH IN THE FIELD OF MORTGAGE BANKING AND REAL ESTATE FINANCE · IL

    Directly controlled by MORTGAGE BANKERS ASSOCIATION

  • MORPAC

    527 · POLITICAL ACTION COMMITTEE · DC

    Directly controlled by MORTGAGE BANKERS ASSOCIATION

  • MORTGAGE ACTION ALLIANCE INCORPORATED

    501(C)(6) · SUPPORT COMMON BUSINESS INTERESTS OF REAL ESTATE FINANCE INDUSTRY · DE

    Directly controlled by MORTGAGE BANKERS ASSOCIATION

  • MBA OPENS DOORS FOUNDATION

    501(C)(3) · PROVIDES RENTAL/MORTGAGE ASSISTANCE TO FAMILIES W/ CRITICALLY ILL CHILDREN · DE

    Directly controlled by MORTGAGE BANKERS ASSOCIATION

Provenance

Return type
form_990
Tax year
2024
IRS schema version
2024v5.5
Source object
202612269349302121

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