Civic Intelligence

National Reverse Mortgage Lenders Association

990 • Fiscal year 2017 • EIN 52-2062500

Jan 01, 2017 to Dec 31, 2017 • Filed on May 09, 2018

1400 16th Street NW No 420Washington, DC 20036-2244

(202) 939-1760

Siviq Scores

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

Liabilities / Assets

60th percentile

0.25x

Higher debt load relative to assets than 60% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

48th percentile

0.17x

Higher debt load relative to revenue than 48% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

57th percentile

5.6%

Higher net margin than 57% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Asset Growth

50th percentile

5.5%

Faster asset growth than 50% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

63rd percentile

7.5%

Faster revenue growth than 63% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,011,011

Up $105,119 (+5.5%) from 2016

Net Assets

Up

$1,505,673

Up $170,221 (+13%) from 2016

Liabilities

Down

$505,338

Down $65,102 (-11%) from 2016

Revenue

Up

$3,058,037

Up $213,317 (+7.5%) from 2016

Expenses

Up

$2,887,806

Up $166,984 (+6.1%) from 2016

Net Income

Up

$170,231

Up $46,333 (+37%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,442,793Liabilities 2010: $324,233Net Assets 2010: $1,118,5602010Assets 2011: $949,443Liabilities 2011: $314,513Net Assets 2011: $634,9302011Assets 2012: $595,307Liabilities 2012: $380,808Net Assets 2012: $214,4992012Assets 2013: $1,663,380Liabilities 2013: $601,906Net Assets 2013: $1,061,4742013Assets 2014: $1,332,160Liabilities 2014: $504,353Net Assets 2014: $827,8072014Assets 2015: $1,771,307Liabilities 2015: $559,762Net Assets 2015: $1,211,5452015Assets 2016: $1,905,892Liabilities 2016: $570,440Net Assets 2016: $1,335,4522016Assets 2017: $2,011,011Liabilities 2017: $505,338Net Assets 2017: $1,505,6732017Assets 2018: $1,855,438Liabilities 2018: $443,881Net Assets 2018: $1,411,5572018Assets 2019: $1,304,703Liabilities 2019: $243,617Net Assets 2019: $1,061,0862019Assets 2020: $1,204,843Liabilities 2020: $455,074Net Assets 2020: $749,7692020Assets 2021: $1,432,158Liabilities 2021: $509,291Net Assets 2021: $922,8672021Assets 2022: $1,805,107Liabilities 2022: $457,389Net Assets 2022: $1,347,7182022Assets 2023: $1,429,976Liabilities 2023: $381,145Net Assets 2023: $1,048,8312023Assets 2024: $864,346Liabilities 2024: $233,684Net Assets 2024: $630,6622024

Highlighted filing

2017

Assets$2,011,011
Liabilities$505,338
Net Assets$1,505,673

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $2,769,4172010Expenses 2011: $2,483,9312011Expenses 2012: $2,502,0312012Revenue 2013: $3,313,472Expenses 2013: $2,466,499Net Income 2013: $846,9732013Revenue 2014: $3,581,538Expenses 2014: $3,815,205Net Income 2014: -$233,6672014Revenue 2015: $3,074,342Expenses 2015: $2,690,604Net Income 2015: $383,7382015Revenue 2016: $2,844,720Expenses 2016: $2,720,822Net Income 2016: $123,8982016Revenue 2017: $3,058,037Expenses 2017: $2,887,806Net Income 2017: $170,2312017Revenue 2018: $2,787,247Expenses 2018: $2,881,363Net Income 2018: -$94,1162018Revenue 2019: $2,078,115Expenses 2019: $2,428,588Net Income 2019: -$350,4732019Revenue 2020: $1,622,121Expenses 2020: $1,933,438Net Income 2020: -$311,3172020Revenue 2021: $2,141,039Expenses 2021: $1,967,941Net Income 2021: $173,0982021Revenue 2022: $2,975,782Expenses 2022: $2,550,931Net Income 2022: $424,8512022Revenue 2023: $1,792,465Expenses 2023: $2,091,352Net Income 2023: -$298,8872023Revenue 2024: $1,585,645Expenses 2024: $2,003,814Net Income 2024: -$418,1692024

Highlighted filing

2017

Revenue$3,058,037
Expenses$2,887,806
Net Income$170,231
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 9, 2018
Return Version
2017v2.2
Gross Receipts
$3,058,037
Mission and Program Overview

Mission

To educate consumers about the pros and cons of reverse mortgages, to train lenders to be sensitive to clients' needs, to enforce our code of conduct and best practices, and to promote reverse mortgages in the news media.

Promote awareness & use of reverse mortgages

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,730,685$1,830,744▲ $100,059
Accounts Receivable$103,588$131,128▲ $27,540
Prepaid Expenses and Deferred Charges$50,866$29,956▼ $20,910
Total Assets$1,905,892$2,011,011▲ $105,119
Other Assets Total$20,753$19,183▼ $1,570
Liabilities
Deferred Revenue$516,622$483,565▼ $33,057
Accounts Payable and Accrued Expenses$53,818$21,773▼ $32,045
Total Liabilities$570,440$505,338▼ $65,102
Net Assets / Fund Balance
Unrestricted Net Assets$1,335,452$1,505,673▲ $170,221
Total Net Assets Fund Balance$1,335,452$1,505,673▲ $170,221
Total Liabilities and Net Assets / Fund Balance$1,905,892$2,011,011▲ $105,119
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joe DemarkeyCo-chairperson
Reza JahangiriCo-chairperson
Barton JohnsonPast Chairperson
Cheryl MacnallyPast Chairperson
George LopezPast Chairperson
James R MahoneyPast Chairperson
Jeffrey S TaylorPast Chairperson
Joe MorrisPast Chairperson
John NixonPast Chairperson
Sarah Hulbert CavanaughPast Chairperson
Peter H BellPresident
Mark a BrowningVice-chairperson
Sherry ApanayVice-chairperson
Christopher MayerDirector
George DowneyDirector
Gregg SmithDirector
Jim CoryDirector
John ButtonDirector
Kristen SieffertDirector
Leslie J FlynneDirector
Michael GruleyDirector
Michael HildDirector
Michael MccullyDirector
Patricia WillsDirector
Paul FioreDirector
Rick GilmartinDirector
Robert V SivoriDirector
Michael KentSecretary
Jason McnamaraTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Dworbell INCManagement And Consulting1400 16TH STREET NW, Washington, DC 20036$1,371,640
Weiner Brodsky KiderLegal1300 19TH STREET NW 5TH FLOOR, Washington, DC 20036$306,790
Fennel ConsultingFederal Legislative Services320 NORTH PITT STREET, Alexandria, VA 22314$120,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,533,583
Program Service Revenue
$1,518,669
Investment Income
$4,495
Other Revenue
$1,290
Change in Net Assets
$170,231

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,058,037
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,058,037
Total Revenue per Form 990
$3,058,037
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,887,806
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$52,480$1,190,000-$1,242,480
Fees for Services Other$416,512--$416,512
Conferences and Meetings$361,554$14,343-$375,897
Fees for Services Legal$105,284$212,033-$317,317
Occupancy-$177,574-$177,574
Office Expenses$92,219$51,715-$143,934
Advertising$60,745$1,032-$61,777
Travel$55,160$3,660-$58,820
Fees for Services Accounting-$19,500-$19,500
Other Expenses$43,190$15,202-$15,202
Information Technology$11,040--$11,040
Insurance-$2,674-$2,674
Depreciation Depletion-$1,781-$1,781
Total Functional Expenses$1,198,184$1,689,622$0$2,887,806

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,887,806
Total Expenses per Audited Statements$2,887,806
Total Expenses per Form 990$2,887,806
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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$67,500
Total Nondeductible Lobbying and Political Cost$-179,128
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-DWORBELL, INC. IS OWNED 100% BY PETER BELL, PRESIDENT OF NRMLANrmla Contracts With Dworbell, Inc. for Management Services.No$1,371,640
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
No
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

Nrmla receives management services from dworbell, inc.

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

Form 990 is reviewed by the chief financial officer.

Form 990, Part VI, Section C, Line 19

Available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
National Reverse Mortgage Lenders
EIN
52-2062500
Phone
2029391760
Address
1400 16TH STREET NW NO 420, WASHINGTON, DC 20036-2244

Signing Officer

Name
Peter Bell
Title
President & CEO
Phone
2029391760
Signed
2018-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Bell
Formed
1998
Legal Domicile
Dc
Voting Board Members
28
Independent Board Members
28
Employees
0
Volunteers
36

Preparer

Firm
Heimlantz Cpas & Advisors LLC
Address
1900 DUKE STREET SUITE 110, ALEXANDRIA, VA 22314
Preparer
Paul Abbou CPA
Phone
7032996565
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Pr - consulting: program service expenses 60,271. Management and general expenses 0. Fundraising expenses 0. Total expenses 60,271. Consulting: program service expenses 6,400. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,400. Prof desig pgm-curr consltg: program service expenses 5,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,000. Prof desig pgm-test adm & scor: program service expenses 3,633. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,633. Legislative: federal: program service expenses 180,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 180,000. Pr campaign: program service expenses 147,433. Management and general expenses 0. Fundraising expenses 0. Total expenses 147,433. Actuarial research/spec proj: program service expenses 13,775. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,775.

FORM 990, PART XI, LINE 9:

ROUDING ADJUSTMENT -10.

Form 990 Part XII, Line 2C

The organization didn't change its oversight process or selection process of the audit of its financial statements during the tax year. The board reviews and approves the audited financial statements.

Financial Statement Notes

PART X, LINE 2:

Part x: in june 2006, the financial accounting standards board (fasb) released fas asc 740-10, income taxes, that provide guidance for reporting uncertainity in income taxes. For the years ended december 31, 2017 and 2016, the association has documented its consideration of fasb asc 740-10 and determined that no material uncertain tax positions qualify for either recognition or disclosure in the financial statements.

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IRS990/Form990PartVIISectionAGrp/PersonNm10GREGG SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm11SHERRY APANAY
IRS990/Form990PartVIISectionAGrp/PersonNm12REZA JAHANGIRI
IRS990/Form990PartVIISectionAGrp/PersonNm13JOE MORRIS
IRS990/Form990PartVIISectionAGrp/PersonNm14MICHAEL HILD
IRS990/Form990PartVIISectionAGrp/PersonNm15JASON MCNAMARA
IRS990/Form990PartVIISectionAGrp/PersonNm16CHRISTOPHER MAYER
IRS990/Form990PartVIISectionAGrp/PersonNm17CHERYL MACNALLY
IRS990/Form990PartVIISectionAGrp/PersonNm18BARTON JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm19PAUL FIORE
IRS990/Form990PartVIISectionAGrp/PersonNm20MICHAEL KENT
IRS990/Form990PartVIISectionAGrp/PersonNm21KRISTEN SIEFFERT
IRS990/Form990PartVIISectionAGrp/PersonNm22PATRICIA WILLS
IRS990/Form990PartVIISectionAGrp/PersonNm23RICK GILMARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm24LESLIE J FLYNNE
IRS990/Form990PartVIISectionAGrp/PersonNm25MICHAEL MCCULLY
IRS990/Form990PartVIISectionAGrp/PersonNm26MICHAEL GRULEY
IRS990/Form990PartVIISectionAGrp/PersonNm27JOHN BUTTON
IRS990/Form990PartVIISectionAGrp/PersonNm28PETER H BELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/TitleTxt0CO-CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1PAST CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE-CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PAST CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt5PAST CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt6PAST CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt7PAST CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE-CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt12CO-CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt13PAST CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17PAST CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt18PAST CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt028
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03058037
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt028
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt011040
IRS990/InformationTechnologyGrp/TotalAmt011040
IRS990/InsuranceGrp/ManagementAndGeneralAmt02674
IRS990/InsuranceGrp/TotalAmt02674
IRS990/InvestmentIncomeGrp/ExclusionAmt04495
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04495
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt01533583
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO EDUCATE CONSUMERS ABOUT THE PROS AND CONS OF REVERSE MORTGAGES, TO TRAIN LENDERS TO BE SENSITIVE TO CLIENTS' NEEDS, TO ENFORCE OUR CODE OF CONDUCT AND BEST PRACTICES, AND TO PROMOTE REVERSE MORTGAGES IN THE NEWS MEDIA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01335452
IRS990/NetAssetsOrFundBalancesEOYAmt01505673
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0177574
IRS990/OccupancyGrp/TotalAmt0177574
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt051715
IRS990/OfficeExpensesGrp/ProgramServicesAmt092219
IRS990/OfficeExpensesGrp/TotalAmt0143934
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt019183
IRS990/OtherChangesInNetAssetsAmt0-10
IRS990/OtherExpensesGrp/Desc0STATE AND LOCAL ADVOCAC
IRS990/OtherExpensesGrp/Desc1TAXES AND LICENSES
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt115202
IRS990/OtherExpensesGrp/ProgramServicesAmt043190
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IRS990/OtherExpensesGrp/TotalAmt115202
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01290
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01290
IRS990/OtherRevenueTotalAmt01290
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt050866
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IRS990/PrincipalOfficerNm0PETER BELL
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
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IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/BusinessCd4531390
IRS990/ProgramServiceRevenueGrp/Desc0CONFERENCES AND MEETIN
IRS990/ProgramServiceRevenueGrp/Desc1PUBLIC RELATIONS AND A
IRS990/ProgramServiceRevenueGrp/Desc2MEMBER SERVICES
IRS990/ProgramServiceRevenueGrp/Desc3WEBSITE LISTING
IRS990/ProgramServiceRevenueGrp/Desc4CERTIFIED REVERSE MORT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0949225
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1306800
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2139875
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt368700
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt454069
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0949225
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1306800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2139875
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt368700
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt454069
IRS990/ProgSrvcAccomActy2Grp/Desc0NEWSLETTER, OTHER EDUCATIONAL MATERIALS, MATERIALS SENT TO ALL MEMBERS, AND WEBSITE MAINTENANCE.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.23$0.63$1.59$2.00$0.42
2023Summary only. Only limited summary data is available for this year.$1.43$0.38$1.05$1.79$2.09$0.30
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$0.46$1.35$2.98$2.55$0.42
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.51$0.92$2.14$1.97$0.17
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.46$0.75$1.62$1.93$0.31
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.24$1.06$2.08$2.43$0.35
2018Summary only. Only limited summary data is available for this year.$1.86$0.44$1.41$2.79$2.88$0.09
2017Detailed filing. Detailed filing data is available for this year.$2.01$0.51$1.51$3.06$2.89$0.17
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$0.57$1.34$2.84$2.72$0.12
2015Detailed filing. Detailed filing data is available for this year.$1.77$0.56$1.21$3.07$2.69$0.38
2014Detailed filing. Detailed filing data is available for this year.$1.33$0.50$0.83$3.58$3.82$0.23
2013Detailed filing. Detailed filing data is available for this year.$1.66$0.60$1.06$3.31$2.47$0.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.38$0.21$2.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.31$0.63$2.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.32$1.12$2.77