Civic Intelligence

Us Mortgage Insurers

990 • Fiscal year 2015 • EIN 46-4272890

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 11, 2016

Organization Profilewww.usmi.org
1101 17th Street NW Suite 700Washington, DC 20036

(202) 280-1820

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

52nd percentile

0.20x

Higher debt load relative to assets than 52% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

46th percentile

0.16x

Higher debt load relative to revenue than 46% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Net Margin

50th percentile

3.4%

Higher net margin than 50% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Asset Growth

27th percentile

-3.5%

Faster asset growth than 27% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

7th percentile

-20%

Faster revenue growth than 7% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Down

$1,278,779

Down $46,222 (-3.5%) from 2014

Net Assets

Up

$1,023,278

Up $55,414 (+5.7%) from 2014

Liabilities

Down

$255,501

Down $101,636 (-28%) from 2014

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin50th percentile

Revenue

Down

$1,630,211

Down $409,789 (-20%) from 2014

Expenses

Up

$1,574,797

Up $502,661 (+47%) from 2014

Net Income

Down

$55,414

Down $912,450 (-94%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2015

Assets$1,278,779
Liabilities$255,501
Net Assets$1,023,278
Open 2015 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income across loaded years, with this 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

2015

Revenue$1,630,211
Expenses$1,574,797
Net Income$55,414
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 11, 2016
Return Version
2015v2.0
Gross Receipts
$1,630,211
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,151,124$1,096,816▼ $54,308
Accounts Receivable$150,000$152,172▲ $2,172
Intangible Assets$23,877$29,791▲ $5,914
Savings and Temporary Cash Investments-$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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,325,001$1,278,779▼ $46,222
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$162,137$191,203▲ $29,066
Deferred Revenue$195,000$64,298▼ $130,702
Total Liabilities$357,137$255,501▼ $101,636
Net Assets / Fund Balance
Unrestricted Net Assets$967,864$1,023,278▲ $55,414
Total Net Assets Fund Balance$967,864$1,023,278▲ $55,414
Total Liabilities and Net Assets / Fund Balance$1,325,001$1,278,779▼ $46,222
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Rohit GuptaBOD Chairman
Lindsey JohnsonPresident & ED
Bill HigginsDirector
David GansbergDirector
Patrick MathisDirector
Teresa Bryce BazemoreSecretary
Patrick SinksTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
MillimanAnalytical Studies15800 W Bluemound Road Ste 100, Brookfield, WI 53005$419,782
Rasky Baerlein StrategicPublic Relations70 Franklin St 3rd Fl, Boston, MA 02110$355,611
Verto Solutions LLCManagement Services1101 17th Street NW Ste 700, Washington, DC 20036$197,300
Federal Policy GrLegislative and Reg101 Constitution Av NW 701E, Washington, DC 20001$120,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,476,953
Program Service Revenue
$153,258
Investment Income
$0
Other Revenue
$0
All Other Contributions
$6,953
Change in Net Assets
$55,414

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,630,211
Total Revenue per Audited Statements
$1,630,211
Total Revenue per Form 990
$1,630,211
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,574,797
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---$580,865
Fees for Services Other---$458,258
Fees for Services Legal---$243,006
Fees for Services Lobbying---$212,086
Fees for Services Accounting---$10,401
Travel---$8,455
Depreciation Depletion---$8,111
Insurance---$3,175
Office Expenses---$1,466
Other Expenses---$892
All Other Expenses---$122
Total Functional Expenses$0$0$0$1,574,797

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,574,797
Total Expenses per Audited Statements$1,574,797
Total Expenses per Form 990$1,574,797
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
Lobbying 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$212,086
Total Nondeductible Lobbying and Political Cost$212,086
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 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, Line 3: Description of Delegated Duties to Management Company

“Verto SOlutions LLC performs management and other professional services on behalf of the Organization.”

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“Six U.S. mortgage insurance companies Arch MI, Essent, Genworth, MGIC, National MI, and Radian are members of USMI. The organization is open to all active U.S. mortgage insurance companies.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“Organization's independent public accountants prepare a draft of Form 990 and review it with the Director of FInance, then the Director of FInance and President & Executive Director and the Chairman of the Board review Form 990 and give the final approval prior to filing it with the IRS.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“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 USMI CHAIR. Decisions with respect to any conflict or potential conflict shall be made by the Executive Committee and Board of directors by majority vote.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“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 Suite 700, Washington, DC 20036

Signing Officer

Name
Lindsey Johnson
Title
President & ED
Signed
2016-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lindsey Johnson
Formed
2013
Legal Domicile
Dc
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

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

Additional Explanations

Form 990, Part V, Line C - Backup Withholding Rules

“This question does not apply to the organization. If it would apply, the organization would comply with the backup withholding rules.”

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, 2015.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, 2015, 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, 2015 that statute of limitations for the 2013-2014 tax years remains 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 Appendix396 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.

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IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt01470000
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Representing and advancing the interests of the United States mortgage insurance industry and promoting a well-functioning housing finance system.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0967864
IRS990/NetAssetsOrFundBalancesEOYAmt01023278
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt01466
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Books and subscriptions
IRS990/OtherExpensesGrp/Desc1CONSULTANTS Reimbursements
IRS990/OtherExpensesGrp/Desc2Printing and Publications
IRS990/OtherExpensesGrp/Desc3Telephone/telecommunications
IRS990/OtherExpensesGrp/TotalAmt023604
IRS990/OtherExpensesGrp/TotalAmt118157
IRS990/OtherExpensesGrp/TotalAmt26199
IRS990/OtherExpensesGrp/TotalAmt3892
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Lindsey Johnson
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/Desc0Project revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0153258
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0153258
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02040000
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01072136
IRS990/PYRevenuesLessExpensesAmt0967864
IRS990/PYTotalExpensesAmt01072136
IRS990/PYTotalRevenueAmt02040000
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt055414
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AggregateReportedDuesNtcAmt0212121
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/DuesAssessmentsAmt01470000
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt0212086
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt0212086
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/ExpensesSubtotalAmt01574797
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt01630211
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, 2015.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, 2015, 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, 2015 that statute of limitations for the 2013-2014 tax years remains 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/TotalExpensesPerForm990Amt01574797
IRS990ScheduleD/TotalRevenuePerForm990Amt01630211
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01630211
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01574797
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Verto SOlutions LLC performs management and other professional services on behalf of the Organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Six U.S. mortgage insurance companies Arch MI, Essent, Genworth, MGIC, National MI, and Radian are members of USMI. The organization is open to all active U.S. mortgage insurance companies.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Organization's independent public accountants prepare a draft of Form 990 and review it with the Director of FInance, then the Director of FInance and President & Executive Director and the Chairman of the Board review Form 990 and give the final approval prior to filing it 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 USMI CHAIR. Decisions with respect to any conflict or potential conflict shall be made by the Executive Committee and Board of directors by majority vote.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Other Documents Available upon request from the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THIS QUESTION DOES NOT APPLY TO THE ORGANIZATION. IF IT WOULD APPLY, THE ORGANIZATION WOULD COMPLY WITH THE BACKUP WITHHOLDING RULES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART V, LINE C - BACKUP WITHHOLDING RULES
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0DC
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01325001
IRS990/TotalAssetsEOYAmt01278779
IRS990/TotalAssetsGrp/BOYAmt01325001
IRS990/TotalAssetsGrp/EOYAmt01278779
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01476953
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01574797
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0357137
IRS990/TotalLiabilitiesEOYAmt0255501
IRS990/TotalLiabilitiesGrp/BOYAmt0357137
IRS990/TotalLiabilitiesGrp/EOYAmt0255501
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0967864
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01023278
IRS990/TotalProgramServiceRevenueAmt0153258
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0153258
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01630211
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01325001
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01278779
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt08455
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0967864
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01023278
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01101 17th Street NW Ste 700
IRS990/USAddress/CityNm0Washington
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020036
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0www.usmi.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Lindsey Johnson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & ED
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0US Mortgage Insurers
ReturnHeader/Filer/BusinessNameControlTxt0USMO
ReturnHeader/Filer/EIN0464272890
ReturnHeader/Filer/PhoneNum02022801820
ReturnHeader/Filer/USAddress/AddressLine1Txt01101 17th Street NW Suite 700
ReturnHeader/Filer/USAddress/CityNm0Washington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020036
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/ReturnTs02016-11-11T08:34:17-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,278,779
Liabilities
$255,501
Net assets
$1,023,278
Revenue
$1,630,211
Expenses
$1,574,797
Net income
$55,414
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