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← AMERICAN ASSOCIATION OF RESIDENTIAL MORTGAGE REGULATORS

Form 990 for tax year 2024

Filed by AMERICAN ASSOCIATION OF RESIDENTIAL MORTGAGE REGULATORS.

Totals

Total revenue
$481,921
Total expenses
$427,101
Contributions and grants received
$117,150
Grants paid
$0
Program service revenue
$326,975
Investment income
$9,769
Other revenue
$28,027
Total assets, end of year
$400,499
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$400,499
Program services expenses (Part IX)
$319,260
Management and general expenses
$107,841
Fundraising expenses
$0
Program service expenses (Part III)
$319,260

Program services were 74.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $117,150

  • 2a · Program service revenue: ANNUAL CONFERENCE

    total $229,995 · excluded $229,995

  • 2b · Program service revenue: TRAINING SCHOOLS

    total $96,980 · excluded $96,980

  • 3 · Investment income

    total $9,769 · excluded $9,769

  • 11a · Other revenue: MISCELLANEOUS

    total $28,027 · excluded $28,027

  • 11e · Other revenue, total

    $28,027

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $191,449 · program services $117,815 · management and general $73,634

  • 11c · Fees: accounting

    total $7,750 · management and general $7,750

  • 11g · Fees: other

    total $600 · management and general $600

  • 13 · Office expenses

    total $14,442 · program services $10,528 · management and general $3,914

  • 17 · Travel

    total $13,138 · program services $6,923 · management and general $6,215

  • 19 · Conferences, conventions and meetings

    total $147,775 · program services $147,775

  • 23 · Insurance

    total $8,686 · management and general $8,686

  • 24a · Other expenses: SPEAKER FEES AND EXPENS

    total $28,009 · program services $28,009

  • 24b · Other expenses: ONLINE REGISTRATION FEE

    total $8,210 · program services $8,210

  • 24c · Other expenses: WEBSITE

    total $4,950 · management and general $4,950

  • 24d · Other expenses: BANK CHARGES

    total $2,092 · management and general $2,092

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $49,791 · end of year $86,905

  • 2 · Savings and temporary cash investments

    beginning of year $151,729 · end of year $155,329

  • 9 · Prepaid expenses and deferred charges

    beginning of year $12,915 · end of year $5,800

  • 12 · Investments: other securities

    beginning of year $146,295 · end of year $152,465

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,051 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $345,679 · end of year $400,499

Mission and programs · 2024

Mission

SEE SCHEDULE O

Activities or mission (Part I)

TO PROMOTE KNOWLEDGE OF RESIDENTIAL MORTGAGE REGULATIONS.

  • THE ANNUAL REGULATORY CONFERENCE IS ATTENDED BY GENERAL (STATE) MEMBERS AND AFFILIATE (INDUSTRY) MEMBERS WHO COME TOGETHER TO NETWORK, SHARE INFORMATION AND HEAR PRESENTATIONS ON RESIDENTIAL MORTGAGE ISSUES OF MUTUAL INTEREST. THE 2024 CONFERENCE HAD OVER 275 ATTENDEES.

    Expenses $202,394 · Revenue $229,995

  • EXAMINER SCHOOLS CONSISTED OF ONE EXAMINER TRAINING IN THE SPRING COVERING MULTIPLE TOPICS AND A FREE WEBINAR SERIES. TRAINING WAS ATTENDED BY EXAMINERS IN REGULATION OF MORTGAGE BROKERS, LENDERS AND LOAN ORIGINATORS IN THEIR RESPECTIVE STATES.

    Expenses $116,866 · Revenue $96,980

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kirsten Anderson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Alison Kiyotoki

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ellena Meier

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Kevin Cuff

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Rod Carnes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Clifford Charland

    DIRECTOR - IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Kareeme Tucker

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Tom Fite

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Derek Storms

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Saunders

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    25

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, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
5 November 2025
IRS schema version
2024v5.2
Source object
202543099349301804

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