Civic Intelligence

Us Mortgage Insurers

EIN 46-4272890 • 501(c)6 • Washington, DC

Profile

Representing and advancing the interests of the united states mortgage insurance industry and promoting a well-functioning housing finance system.

1101 17th Street NW 700Washington, DC 20036

www.usmi.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

37th percentile

0.07x

Higher debt load relative to assets than 37% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

31st percentile

0.05x

Higher debt load relative to revenue than 31% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

24th percentile

-3.4%

Higher net margin than 24% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

12th percentile

-11%

Faster asset growth than 12% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

48th percentile

6.0%

Faster revenue growth than 48% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets37th percentile

Assets

Down

$1,940,421

Down $242,379 (-11%) from 2023

Liabilities

Down

$133,191

Down $158,911 (-54%) from 2023

Net Assets

Down

$1,807,230

Down $83,468 (-4.4%) from 2023

Operations
Liabilities / Revenue31st percentileNet Margin24th percentile

Revenue

Up

$2,444,227

Up $138,653 (+6.0%) from 2023

Expenses

Up

$2,527,695

Up $327,025 (+15%) from 2023

Net Income

Down

-$83,468

Down $188,372 (-180%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth12th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2013: $120,000Liabilities 2013: $120,0002013Assets 2014: $1,325,001Liabilities 2014: $357,137Net Assets 2014: $967,8642014Assets 2015: $1,278,779Liabilities 2015: $255,501Net Assets 2015: $1,023,2782015Assets 2016: $1,287,350Liabilities 2016: $169,946Net Assets 2016: $1,117,4042016Assets 2017: $1,539,121Liabilities 2017: $206,131Net Assets 2017: $1,332,9902017Assets 2018: $1,670,992Liabilities 2018: $234,201Net Assets 2018: $1,436,7912018Assets 2019: $1,612,131Liabilities 2019: $157,437Net Assets 2019: $1,454,6942019Assets 2020: $1,841,433Liabilities 2020: $265,532Net Assets 2020: $1,575,9012020Assets 2021: $1,777,232Liabilities 2021: $180,049Net Assets 2021: $1,597,1832021Assets 2022: $2,024,391Liabilities 2022: $238,597Net Assets 2022: $1,785,7942022Assets 2023: $2,182,800Liabilities 2023: $292,102Net Assets 2023: $1,890,6982023Assets 2024: $1,940,421Liabilities 2024: $133,191Net Assets 2024: $1,807,2302024

Highlighted filing

2024

Assets$1,940,421
Liabilities$133,191
Net Assets$1,807,230
Open 2024 Filing

Operations Trend

Revenue Growth48th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $2,040,000Expenses 2014: $1,072,136Net Income 2014: $967,8642014Revenue 2015: $1,630,211Expenses 2015: $1,574,797Net Income 2015: $55,4142015Revenue 2016: $1,814,956Expenses 2016: $1,720,830Net Income 2016: $94,1262016Revenue 2017: $2,105,333Expenses 2017: $1,889,747Net Income 2017: $215,5862017Revenue 2018: $2,000,000Expenses 2018: $1,896,199Net Income 2018: $103,8012018Revenue 2019: $1,945,700Expenses 2019: $1,927,797Net Income 2019: $17,9032019Revenue 2020: $2,111,000Expenses 2020: $1,989,793Net Income 2020: $121,2072020Revenue 2021: $2,386,650Expenses 2021: $2,365,368Net Income 2021: $21,2822021Revenue 2022: $2,496,440Expenses 2022: $2,307,829Net Income 2022: $188,6112022Revenue 2023: $2,305,574Expenses 2023: $2,200,670Net Income 2023: $104,9042023Revenue 2024: $2,444,227Expenses 2024: $2,527,695Net Income 2024: -$83,4682024

Highlighted filing

2024

Revenue$2,444,227
Expenses$2,527,695
Net Income-$83,468
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,940,421
Liabilities
$133,191
Net assets
$1,807,230
Revenue
$2,444,227
Expenses
$2,527,695
Net income
-$83,468
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$0.13$1.81$2.44$2.53$0.08
2023Summary only. Only limited summary data is available for this year.$2.18$0.29$1.89$2.31$2.20$0.10
2022Detailed filing. Detailed filing data is available for this year.$2.02$0.24$1.79$2.50$2.31$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$0.18$1.60$2.39$2.37$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.84$0.27$1.58$2.11$1.99$0.12
2019Summary only. Only limited summary data is available for this year.$1.61$0.16$1.45$1.95$1.93$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.67$0.23$1.44$2.00$1.90$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.21$1.33$2.11$1.89$0.22
2016Summary only. Only limited summary data is available for this year.$1.29$0.17$1.12$1.81$1.72$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.28$0.26$1.02$1.63$1.57$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.33$0.36$0.97$2.04$1.07$0.97
2013Summary only. Only limited summary data is available for this year.$0.12$0.12$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$2,444,227
Mission and Program Overview

Mission

Representing and advancing the interests of the United States mortgage insurance industry and promoting a well-functioning housing finance system.

Representing and advancing the interest of the united states mortgage insurance industry and promoting a wellfunctioning housing finance system.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,146,605$1,889,584▼ $257,021
Prepaid Expenses and Deferred Charges$9,657$30,393▲ $20,736
Intangible Assets$16,538$10,444▼ $6,094
Cash and Non-Interest-Bearing Accounts$10,000$10,000→ $0
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Inventories for Sale or Use-$0-
Total Assets$2,182,800$1,940,421▼ $242,379
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$292,102$133,191▼ $158,911
Total Liabilities$292,102$133,191▼ $158,911
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,890,698$1,807,230▼ $83,468
Total Net Assets Fund Balance$1,890,698$1,807,230▼ $83,468
Total Liabilities and Net Assets / Fund Balance$2,182,800$1,940,421▼ $242,379
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Rohit GuptaChair
Seth AppletonPresident
Tim MattkeVice Chair
Adolfo MarzolBoard Member
Derek BrummerBoard Member
Bradley ShusterTreas/Sec

Highest Paid Contractors

ContractorServicesLocationCompensation
Verto Solutionsmanagement services1101 17TH STREET NW SUITE 700, Washington, DC 20036$1,713,222
vision 360 partnerspublic relations1156 15th St NW Suite 500, Washington, DC 20005$300,000
federal hall policy advisorslobbying1455 Pennsylvania Avenue NW, Washington, DC 20004$120,000
north star navigatorsmgmt/strategic consulting6640 gordon ave, falls church, VA 22046$103,750
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,350,000
Investment Income
$94,227
Other Revenue
$0
Change in Net Assets
$-83,468

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,444,227
Total Revenue per Audited Statements
$2,444,227
Total Revenue per Form 990
$2,444,227
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,527,695
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$1,387,595
Fees for Services Other---$532,808
Fees for Services Lobbying---$353,331
Fees for Services Legal---$79,853
Other Expenses---$38,432
Travel---$34,642
Fees for Services Accounting---$8,370
Office Expenses---$7,744
Depreciation Depletion---$6,094
Insurance---$3,887
Information Technology---$2,556
Total Functional Expenses$0$0$0$2,527,695

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,527,695
Total Expenses per Audited Statements$2,527,695
Total Expenses per Form 990$2,527,695
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$353,331
Total Nondeductible Lobbying and Political Cost$284,955
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Management company provides facilities and other management services to the organization.”

Form 990, Part VI, Section A, Line 6

“Membership in the Corporation is available to mortgage guaranty companies that write no other line of insurance except residential mortgage insurance and that operate in the United States and that meet other criteria determined by the Board of Directors.”

Form 990, Part VI, Section B, Line 11B

“Form 990 is shared via email with the board prior to filing. The director of finance, president and chairman of the board review form 990 prior to filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“Usmi has a conflict of interest policy that applies to all members, officers, directors, and staff. All are required to disclose any conflicts or potential conflicts of interest to the executive committee and board of directors.”

Form 990, Part VI, Section C, Line 19

“Other documents available upon request from the public.”

Filing and Contact Details

Filer

Filer Name
US Mortgage Insurers
EIN
46-4272890
Phone
2022801820
Address
1101 17TH STREET NW 700, WASHINGTON, DC 20036

Signing Officer

Name
Seth Appleton
Title
President
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Seth Appleton
Formed
2013
Legal Domicile
Dc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Lydon Fetterolf Corydon PA
Address
9401 Key West Avenue, Rockville, MD 20850
Preparer
Jeff Corydon IV CPA CFP
Phone
3019484400
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Organization is exempt from federal income tax under Section 501(c)(6) of the Internal Revenue Code. However, income from activities not directly related to the Organizations tax-exempt purpose is subject to taxation as unrelated business income. The Organization did not engage in any unrelated business activities during the year ended December 31, 2024.The Organization has adopted the authoritative guidance relating to accounting for uncertainty in income taxes included in ASC Topic Income Taxes. These provisions provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entitys financial statements and prescribe a threshold of more likely than not for recognition and de-recognition of tax positions taken or expected to be taken in a tax return. The Organization performed an evaluation of uncertain tax positions for the year ended December 31, 2024, and determined that there were no material matters that would require recognition in the financial statements or that may have an effect on its tax-exempt status. As of December 31, 2024 that statute of limitations for the 2021, 2022, and 2023 tax years remain open with the Internal Revenue Service. It is the Organizations policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense.”

Raw XML Appendix369 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivityOrMissionDesc0REPRESENTING AND ADVANCING THE INTEREST OF THE UNITED STATES MORTGAGE INSURANCE INDUSTRY AND PROMOTING A WELLFUNCTIONING HOUSING FINANCE SYSTEM.
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IRS990/BooksInCareOfDetail/PersonNm0VERTO SOLUTIONS LLC
IRS990/BooksInCareOfDetail/PhoneNum02022935800
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01101 17TH STREET NW STE 700
IRS990/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
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IRS990/CashNonInterestBearingGrp/EOYAmt010000
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt04
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
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IRS990/ConservationEasementsInd0false
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IRS990/ContractorCompensationGrp/CompensationAmt1300000
IRS990/ContractorCompensationGrp/CompensationAmt2120000
IRS990/ContractorCompensationGrp/CompensationAmt3103750
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt11156 15th St NW Suite 500
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt21455 Pennsylvania Avenue NW
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt36640 gordon ave
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0WASHINGTON
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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1vision 360 partners
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2federal hall policy advisors
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3north star navigators
IRS990/ContractorCompensationGrp/ServicesDesc0management services
IRS990/ContractorCompensationGrp/ServicesDesc1public relations
IRS990/ContractorCompensationGrp/ServicesDesc2lobbying
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IRS990/DeductibleNonCashContriInd0false
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IRS990/DepreciationDepletionGrp/TotalAmt06094
IRS990/Desc0ADVOCACY PROGRAM: Advocate for the benefits of low down payment mortgages and specifically the benefits of private mortgage insurance for homebuyers, lenders, Government-Sponsored Enterprises (GSEs), taxpayers, and investors.
IRS990/DescribedInSection501c3Ind0false
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IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
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IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
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IRS990/ForeignOfficeInd0false
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IRS990/Form990PartVIISectionAGrp/PersonNm1Tim Mattke
IRS990/Form990PartVIISectionAGrp/PersonNm2Derek Brummer
IRS990/Form990PartVIISectionAGrp/PersonNm3Bradley Shuster
IRS990/Form990PartVIISectionAGrp/PersonNm4Rohit Gupta
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt5President
IRS990/Form990ProvidedToGvrnBodyInd0true
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/IRPDocumentCnt08
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IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0REPRESENTING AND ADVANCING THE INTEREST OF THE UNITED STATES MORTGAGE INSURANCE INDUSTRY AND PROMOTING A WELLFUNCTIONING HOUSING FINANCE SYSTEM.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01890698
IRS990/NetAssetsOrFundBalancesEOYAmt01807230
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01890698
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01807230
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt07744
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0sponsorships
IRS990/OtherExpensesGrp/Desc1subscriptions and reference
IRS990/OtherExpensesGrp/TotalAmt072383
IRS990/OtherExpensesGrp/TotalAmt138432
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09657
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt030393
IRS990/PrincipalOfficerNm0SETH APPLETON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0membership dues
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02350000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02350000
IRS990/ProgSrvcAccomActy2Grp/Desc0PUBLIC RELATIONS PROGRAM: USE VARIOUS PUBLIC RELATIONS CAMPAIGNS AND MEDIA PLATFORMS TO PROMOTE THE BENEFITS OF PRIVATE MORTGAGE INSURANCE TO POLICYMAKERS, MORTGAGE MARKET PARTICIPANTS, AND BORROWERS, INCLUDING THAT THE INDUSTRY FACILITATES BORROWER ACCESS TO AFFORDABLE AND SUSTAINABLE MORTGAGES WITHIN A WELL-FUNCTIONING HOUSING FINANCE SYSTEM.
IRS990/ProgSrvcAccomActy3Grp/Desc0REGULATORY PROGRAM: IDENTIFY, ANALYZE AND PROVIDE RECOMMENDATIONS TO STATE AND FEDERAL REGULATORY AGENCIES ON POLICIES PERTAINING TO PRIVATE MORTGAGE INSURANCE AND THE HOUSING FINANCE SYSTEM. COORDINATE WITH MEMBER COMPANIES ON OUTREACH TO STATE DEPARTMENTS OF INSURANCE AND FEDERAL FINANCIAL REGULATORS TO PROMOTE A STRONG HOUSING FINANCE SYSTEM AND ENSURE PRIVATE MORTGAGE INSURANCE INDUSTRY IS WELL POSITIONED TO ENSURE ACCESS TO MORTGAGE CREDIT WHILE PROTECTING TAXPAYERS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt055574
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02200670
IRS990/PYProgramServiceRevenueAmt02250000
IRS990/PYRevenuesLessExpensesAmt0104904
IRS990/PYTotalExpensesAmt02200670
IRS990/PYTotalRevenueAmt02305574
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-83468
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02146605
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01889584
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AggregateReportedDuesNtcAmt0305500
IRS990ScheduleC/AgreeCarryoverPriorYearInd0true
IRS990ScheduleC/CarriedOverAmt0-20545
IRS990ScheduleC/DuesAssessmentsAmt02350000
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/NonDedLbbyngPltclCyovAmt0-68376
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt0353331
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt0284955
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/ExpensesSubtotalAmt02527695
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt02444227
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from federal income tax under Section 501(c)(6) of the Internal Revenue Code. However, income from activities not directly related to the Organizations tax-exempt purpose is subject to taxation as unrelated business income. The Organization did not engage in any unrelated business activities during the year ended December 31, 2024.The Organization has adopted the authoritative guidance relating to accounting for uncertainty in income taxes included in ASC Topic Income Taxes. These provisions provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entitys financial statements and prescribe a threshold of more likely than not for recognition and de-recognition of tax positions taken or expected to be taken in a tax return. The Organization performed an evaluation of uncertain tax positions for the year ended December 31, 2024, and determined that there were no material matters that would require recognition in the financial statements or that may have an effect on its tax-exempt status. As of December 31, 2024 that statute of limitations for the 2021, 2022, and 2023 tax years remain open with the Internal Revenue Service. It is the Organizations policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalExpensesPerForm990Amt02527695
IRS990ScheduleD/TotalRevenuePerForm990Amt02444227
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02444227
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02527695
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT COMPANY PROVIDES FACILITIES AND OTHER MANAGEMENT SERVICES TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Membership in the Corporation is available to mortgage guaranty companies that write no other line of insurance except residential mortgage insurance and that operate in the United States and that meet other criteria determined by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS SHARED VIA EMAIL WITH THE BOARD PRIOR TO FILING. THE DIRECTOR OF FINANCE, PRESIDENT AND CHAIRMAN OF THE BOARD REVIEW FORM 990 PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3USMI HAS A CONFLICT OF INTEREST POLICY THAT APPLIES TO ALL MEMBERS, OFFICERS, DIRECTORS, AND STAFF. ALL ARE REQUIRED TO DISCLOSE ANY CONFLICTS OR POTENTIAL CONFLICTS OF INTEREST TO THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER DOCUMENTS AVAILABLE UPON REQUEST FROM THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02182800
IRS990/TotalAssetsEOYAmt01940421
IRS990/TotalAssetsGrp/BOYAmt02182800
IRS990/TotalAssetsGrp/EOYAmt01940421
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02527695
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0292102
IRS990/TotalLiabilitiesEOYAmt0133191
IRS990/TotalLiabilitiesGrp/BOYAmt0292102
IRS990/TotalLiabilitiesGrp/EOYAmt0133191
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01890698
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01807230
IRS990/TotalProgramServiceRevenueAmt02350000
IRS990/TotalRevenueGrp/ExclusionAmt094227
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02350000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02444227
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02182800
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01940421
IRS990/TravelGrp/TotalAmt034642
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.USMI.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SETH APPLETON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0US MORTGAGE INSURERS
ReturnHeader/Filer/BusinessNameControlTxt0USMO
ReturnHeader/Filer/EIN0464272890
ReturnHeader/Filer/PhoneNum02022801820
ReturnHeader/Filer/USAddress/AddressLine1Txt01101 17TH STREET NW 700
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020036
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521185156
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Lydon Fetterolf Corydon PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09401 Key West Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Rockville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020850
ReturnHeader/PreparerPersonGrp/PhoneNum03019484400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeff Corydon IV CPA CFP
ReturnHeader/ReturnTs02025-11-12T11:24:29-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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