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Nonprofit · EIN 52-2080072

CONFERENCE OF STATE BANK SUPERVISORS INC

Tax-exempt · WASHINGTON, DC 20005

Financials

$92.9M$90M2023$97.6M$91.5M2024
Revenue Expenses · by fiscal year end
Financials of CONFERENCE OF STATE BANK SUPERVISORS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$97,592,138$91,495,637$6,096,501$242,487,406$50,677,969$191,809,437
December 31, 2023990$92,853,028$90,007,383$2,845,645$224,901,153$41,436,661$183,464,492
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$91,709,863
Investment income
$5,874,275
Other revenue
$8,000

Expenses

Grants and similar amounts paid
$2,728,053
Compensation of officers, directors and key employees
$3,340,391
Other salaries and wages
$24,085,264
Salaries, compensation and benefits (total)
$35,162,294
Professional fundraising fees
$0
Legal fees
$421,490
Accounting fees
$592,176
Occupancy
$1,115,385
Travel
$723,606
Depreciation
$5,318,291
Program services (functional)
$84,604,390
Management and general (functional)
$6,891,247

Balance sheet and other

Total assets, start of year
$224,901,153
Total assets, end of year
$242,487,406
Total liabilities, end of year
$50,677,969
Net assets, end of year
$191,809,437
Land, buildings and equipment
$39,498,555
Publicly traded securities
$134,090,062
Net assets without donor restrictions
$177,260,167
Net assets with donor restrictions
$14,549,270
Gross receipts
$97,592,138
Employees
196
Volunteers
96
Year formed
1996
State of legal domicile
DC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
BRANDON MILHORNPRESIDENT AND CEO
Officer
37.5$645,999$51,680$241,624
MARGARET LIUEVP, GENERAL COUNSEL
Key employee
37.5$378,969$30,318$100,978
NGOC VUCHIEF INFORMATION OFFICER
Key employee
37.5$384,822$30,785$91,383
VICKIE PECKEVP, PRODUCTS & SOLUTIONS
Key employee
37.5$349,475$27,959$69,505
KELLY HAIREEVP, PEOPLE OPERATIONS
Key employee
37.5$314,779$25,183$90,571
LEONARD CHANINCHIEF COUNSEL TO THE PRESIDENT
Highest-paid employee
37.5$330,658$26,452$44,950
LEILA GREENEVP AND CFO, FINANCE AND OFFICE OPS
Officer
37.5$297,392$23,791$78,047
KEVIN QUINNSVP, ENTERPRISE INFRASTRUCTURE
Highest-paid employee
37.5$290,150$23,212$83,756
KAREN LAWSONEVP, POLICY & SUPERVISION
Key employee
37.5$308,604$24,688$43,067
KRIS ROWLEYCHIEF DATA OFFICER
Highest-paid employee
37.5$273,508$21,880$71,392
MARY QUISTSVP, BANK SUPERVISION
Highest-paid employee
37.5$255,921$20,473$73,699
WAHID KARIMCHIEF ARCHITECT, ENTERPRISE ARCHITECTURE
Highest-paid employee
37.5$264,342$21,148$47,691
CHARLIE CLARKCHAIR (AS OF 6/24)
Trustee or director, Officer
3$0$0$0
TONY SALAZARCHAIR ELECT (AS OF 6/24)
Trustee or director, Officer
3$0$0$0
LISE KRUSEIMMEDIATE PAST CHAIR (AS OF 6/24)
Trustee or director, Officer
3$0$0$0
18 more people on this return
NameTitleHours / weekCompensation
RHOSHUNDA KELLYVICE CHAIR (AS OF 6/24)
Trustee or director, Officer
3$0
KELLY J LAMMERSTREASURER (AS OF 6/24)
Trustee or director, Officer
3$0
SUSANNAH T MARSHALLSECRETARY (AS OF 6/24)
Trustee or director, Officer
3$0
ADRIENNE HARRISMEMBER-AT-LARGE
Trustee or director
3$0
DARRYLE RUDEMEMBER-AT-LARGE
Trustee or director
3$0
THOMAS FITEFOUNDATION BOARD CHAIR
Trustee or director
3$0
KEVIN HAGLERSRR CHAIR
Trustee or director
3$0
MARY GALLAGHERLEG CMTE CHAIR
Trustee or director
3$0
ROBERTA HOLLINSHEADREG CMTE CHAIR
Trustee or director
3$0
MELANIE G HALLNDS CMTE CHAIR (THROUGH 5/24)
Trustee or director
3$0
DAWN HOLSTEINSSPC CHAIR
Trustee or director
3$0
MIKE HILLCO-CHAIR, BAB
Trustee or director
3$0
BRET AFDAHLNON DEPOSITORY COMMITTEE CHAIR
Trustee or director
3$0
JORGE PEREZDISTRICT I CHAIR
Trustee or director
3$0
KEVIN ALLARDDISTRICT II CHAIR
Trustee or director
3$0
KATE BOSKENDISTRICT III CHAIR
Trustee or director
3$0
CHARLES COOPERDISTRICT IV CHAIR
Trustee or director
3$0
PATTIE PERKINSDISTRICT V CHAIR
Trustee or director
3$0
990 for the year ended December 31, 2023: 35 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JAMES COOPERPRESIDENT AND CEO (THROUGH 12/23)
Officer
34.5$875,940$70,075$102,554
KEVIN QUINNSVP, ENTERPRISE INFRASTRUCTURE
Highest-paid employee
34.5$329,030$26,323$283,075
NGOC VUCHIEF INFORMATION OFFICER
Key employee
34.5$431,826$34,546$87,728
MARGARET LIUEVP, STRATEGIC ENGAGEMENT
Key employee
34.5$396,264$31,701$88,319
VICKIE PECKINTERIM EVP, PRODUCTS AND SOLUTIONS
Key employee
37.5$426,470$0$67,036
KELLY HAIREEVP, PEOPLE OPERATIONS
Highest-paid employee
34.5$357,846$28,627$84,451
TODD SCHARF SRCHIEF INFORMATION SECURITY
Highest-paid employee
34.5$350,671$28,054$58,706
LEILA GREENEVP AND CFO, FINANCE AND OFFICE OPS
Officer
34.5$330,834$26,467$74,229
KAREN LAWSONEVP, POLICY & SUPERVISION
Key employee
37.5$371,911$0$43,053
KRIS ROWLEYCHIEF DATA OFFICER
Highest-paid employee
37.5$307,647$24,612$69,671
BRIDGET PLITTSENIOR VICE PRESIDENT, LEARNING & DEVELOPMENT
Highest-paid employee
37.5$309,443$24,755$60,524
BRANDON MILHORNPRESIDENT AND CEO (AS OF 12/23)
Officer
34.5$49,841$3,987$147
LISE KRUSECHAIR (AS OF 6/23)
Trustee or director, Officer
3$0$0$0
CHARLIE CLARKCHAIR ELECT (AS OF 6/23)
Trustee or director, Officer
3$0$0$0
TOM FITEIMMEDIATE PAST CHAIR (AS OF 6/23)
Trustee or director, Officer
3$0$0$0
TONY SALAZARVICE CHAIR (AS OF 6/23)
Trustee or director, Officer
3$0$0$0
ROSHUNDA KELLYTREASURER (AS OF 6/23)
Trustee or director, Officer
3$0$0$0
KELLY J LAMMERSSECRETARY (AS OF 6/23)
Trustee or director, Officer
3$0$0$0
ADRIENNE HARRISMEMBER-AT-LARGE
Trustee or director
3$0$0$0
JEFF PLAGGEMEMBER-AT-LARGE
Trustee or director
3$0$0$0
SUSANNAH T MARSHALLCSBSEF BOARD CHAIR (AS OF 6/23)
Trustee or director
3$0$0$0
KEVIN HAGLERSRR CHAIR
Trustee or director
3$0$0$0
MARY GALLAGHERLEG CMTE CHAIR
Trustee or director
3$0$0$0
ROBERTA HOLLINSHEADREG CMTE CHAIR
Trustee or director
3$0$0$0
MELANIE G HALLNDS CMTE CHAIR (AS OF 3/23)
Trustee or director
3$0$0$0
DAWN HOLSTEINSSPC CHAIR
Trustee or director
3$0$0$0
ANDY ANDERSONCO-CHAIR, BAB (THROUGH 5/23)
Trustee or director
3$0$0$0
MIKE HILLCO-CHAIR, BAB
Trustee or director
3$0$0$0
GREG HAYESCO-CHAIR, BAB (AS OF 5/23)
Trustee or director
3$0$0$0
JORGE PEREZDISTRICT I CHAIR
Trustee or director
3$0$0$0
KEVIN ALLARDDISTRICT II CHAIR
Trustee or director
3$0$0$0
JEREMY SMITHDISTRICT III CHAIR
Trustee or director
3$0$0$0
CHARLES COOPERDISTRICT IV CHAIR
Trustee or director
3$0$0$0
PATTIE PERKINSDISTRICT V CHAIR (AS OF 6/23)
Trustee or director
3$0$0$0
SHAUN BERRETTDISTRICT V CHAIR (THROUGH 6/23)
Trustee or director
3$0$0$0

Address and contacts

Address (IRS master file)
1300 I ST NW STE 700, WASHINGTON, DC 20005-4980
In care of
% VOYA INSTITUTIONAL TR CO
Principal officer (990 for 2024)
BRANDON MILHORN, 1300 I STREET NW 700 E, WASHINGTON, DC 20005
Signed the 990
LEILA GREEN, EXECUTIVE VICE PRESIDENT/CFO
Phone
(202) 296-2840
Return prepared by
RSM US LLP

Mission

THE MISSION OF THE CONFERENCE OF STATE BANK SUPERVISORS (CSBS) IS TO SUPPORT THE LEADERSHIP ROLE OF STATE BANKING SUPERVISORS IN ADVANCING THE STATE BANKING SYSTEM AND BENEFIT THE PUBLIC BY ENSURING SAFETY AND SOUNDNESS, PROMOTING ECONOMIC GROWTH AND CONSUMER PROTECTION, AND FOSTERING INNOVATIVE STATE REGULATION OF THE FINANCIAL SERVICES INDUSTRY.

990 for the year ended December 31, 2024

Program accomplishments

  • CONFERENCE OF STATE BANK SUPERVISORS (CSBS), ON BEHALF OF STATE REGULATORS, OWNS AND OPERATES NMLS, AN ONLINE LICENSING, REGISTRATION, AND SUPERVISORY PLATFORM THAT BRINGS REGULATORY EFFICIENCY AND ACCOUNTABILITY TO THE MORTGAGE INDUSTRY AND OTHER NONBANK FINANCIAL SERVICES PROVIDERS.NMLS OPERATIONS BEGAN JAN. 2, 2008. CONGRESS RECOGNIZED THE VALUE OF THE NEW SYSTEM AND THAT JULY CODIFIED NMLS IN THE SECURE AND FAIR ENFORCEMENT FOR MORTGAGE LICENSING ACT OF 2008. KNOWN AS THE "SAFE ACT," THE LAW WAS ENACTED TO ENHANCE CONSUMER PROTECTION AND REDUCE FRAUD THROUGH REQUIRED MINIMUM STANDARDS FOR THE LICENSING AND REGISTRATION OF STATE-LICENSED MORTGAGE LOAN ORIGINATORS (MLOS). THE LAW ALSO CALLS ON STATES TO IMPLEMENT AND ENFORCE THESE STANDARDS, REQUIRING MLOS TO MEET PRE-LICENSURE AND ANNUAL CONTINUING EDUCATION REQUIREMENTS.STATE-LICENSED FINANCIAL SERVICES COMPANIES AND MLOS MUST MAINTAIN AN ACTIVE LICENSE THROUGH NMLS, WHILE FEDERALLY REGULATED DEPOSITORY INSTITUTIONS (E.G., BANKS AND CREDIT UNIONS) AND THE MLOS THEY EMPLOY MUST MAINTAIN AN ACTIVE REGISTRATION. CONGRESS MANDATES THAT STATE LICENSEES AND FEDERAL REGISTRANTS MUST RENEW THEIR MORTGAGE STATE LICENSE AND FEDERAL REGISTRATION, RESPECTIVELY, ON AN ANNUAL BASIS.IN 2024, MORE THAN 550,000 INDIVIDUALS WERE LICENSED OR REGISTERED THROUGH NMLS, MORE THAN 34,000 COMPANIES HELD A STATE LICENSE, AND ANOTHER 8,000 COMPANIES HELD A FEDERAL REGISTRATION. WHILE ALL REGISTRATIONS ARE FROM THE MORTGAGE INDUSTRY, THE LICENSES ARE HELD BY FIRMS ENGAGED IN ANY OF THE 70-PLUS NONBANK FINANCIAL ACTIVITIES FOR WHICH STATES REQUIRE LICENSING, INCLUDING MORTGAGE, MORTGAGE SERVICING, MONEY SERVICES BUSINESSES, CONSUMER FINANCE AND DEBT COLLECTION. RECOGNIZING TECHNOLOGICAL ADVANCES OVER THE PAST 16 YEARS, CSBS HAS TAKEN STEPS TO UPDATE THE NMLS PLATFORM. THIS YEAR, WE UPGRADED THE LOGIN PROCESS, ALLOWING USERS TO RECOVER THEIR PASSWORD WITHOUT CONTACTING THE CALL CENTER AND TO CONSOLIDATE MULTIPLE NMLS ACCOUNTS USING ONLY ONE LOGIN.
    Expenses $71,928,004 · grants $333,160 · revenue $84,371,418
  • THE GOVERNMENT RELATIONS FUNCTION OF CONFERENCE OF STATE BANK SUPERVISORS IS THE RESPONSIBILITY OF THE POLICY AND SUPERVISION DIVISION. THE DIVISION COVERS LEGISLATIVE ISSUES AND ADVOCACY, REGULATORY POLICY, BANK SUPERVISION PRACTICES AND COORDINATION, NONBANK SUPERVISION, AND CONSUMER PROTECTION. THE WORK OF THE DIVISION FOCUSES ON THE DIVERSITY OF THE BANKING INDUSTRY, TAILORING REGULATION, AND SERVING AS STATE REGULATORS' LIAISON WITH FEDERAL FINANCIAL REGULATORS. STAFF ALSO ENGAGE IN EFFORTS TO ENHANCE THE EFFECTIVENESS OF STATE SUPERVISION OF BANKS AND NONBANK ENTITIES, INCLUDING FINANCIAL TECHNOLOGY, OR FINTECH, COMPANIES. WE DEDICATE CONSIDERABLE TIME AND RESOURCES TO ASSISTING THE STATES IN THE COORDINATION OF MULTI-STATE SUPERVISION OF THE NONBANK MORTGAGE INDUSTRY. COLLECTIVELY, OUR GOAL IS TO ENSURE THE STATE FINANCIAL REGULATORY SYSTEM IS STRONGLY REPRESENTED IN THE FORMATION OF FEDERAL PUBLIC POLICY. WE MEET THIS GOAL BY MAINTAINING REGULAR CONTACT WITH STATE SUPERVISORS TO BE AWARE OF CURRENT ISSUES AND COORDINATE BEST PRACTICES FOR THE BENEFIT OF THE SYSTEM.
    Expenses $9,965,055 · revenue $7,230,554
  • CONFERENCE OF STATE BANK SUPERVISORS (CSBS) PROVIDES ANNUAL OPERATING SUPPORT TO THE CSBS EDUCATION FOUNDATION, A RELATED 501(C)(3) EDUCATIONAL FOUNDATION, TO ASSIST THE FOUNDATION IN CARRYING OUT ITS MISSION.
    Expenses $2,394,893 · grants $2,394,893
  • THE COMMUNICATIONS TEAM PROMOTES THE ORGANIZATION'S PRIORITIES THROUGH STRATEGY AND INFRASTRUCTURE; COMMUNICATIONS MANAGES AND STRENGTHENS CONFERENCE OF STATE BANK SUPERVISORS' (CSBS) VOICE, MESSAGING, AND IDENTITY ACROSS AUDIENCES THROUGH SPEAKING ENGAGEMENTS, MEDIA RELATIONS, EDITORIAL CONTENT, AND DIGITAL MARKETING, INCLUDING THE CSBS WEBSITE AND SOCIAL MEDIA CHANNELS.
    Expenses $316,438 · revenue $110,385

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-2080072
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$242,487,406
Income (IRS master file)
$97,592,138

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$97,592,138$91,495,637$242,487,406XML
990December 2023$92,853,028$90,007,383$224,901,153XML
990December 2022$107,628,406$148,063,150$226,593,162IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-2080072).

Questions about CONFERENCE OF STATE BANK SUPERVISORS INC

What is the EIN of CONFERENCE OF STATE BANK SUPERVISORS INC?
The employer identification number (EIN) of CONFERENCE OF STATE BANK SUPERVISORS INC is 52-2080072.
Is CONFERENCE OF STATE BANK SUPERVISORS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to CONFERENCE OF STATE BANK SUPERVISORS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CONFERENCE OF STATE BANK SUPERVISORS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CONFERENCE OF STATE BANK SUPERVISORS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CONFERENCE OF STATE BANK SUPERVISORS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CONFERENCE OF STATE BANK SUPERVISORS INC?
The 990 for the year ended December 31, 2024 names BRANDON MILHORN.
Who are the officers and directors of CONFERENCE OF STATE BANK SUPERVISORS INC?
The 990 for the year ended December 31, 2024 lists 33 people; 12 received compensation from the organization, the highest $645,999 (BRANDON MILHORN, PRESIDENT AND CEO).
How much revenue does CONFERENCE OF STATE BANK SUPERVISORS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $97,592,138, expenses of $91,495,637 and total assets of $242,487,406 at year end.

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