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Organizations Community Improvement & Capacity Building Mortgage Industry Standards Maintenance Organization Inc.

Mortgage Industry Standards Maintenance Organization Inc.

Fiscal year ending 2021. Filed on August 12, 2022.

1919 M Street No 5th Fl
Washington, District of Columbia 20036

Mortgage Industry Standards Maintenance Organization Inc. (EIN: 51-0502943) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Mortgage Industry Standards Maintenance Organization Inc., a 501(c)(6) business league, reported compensation for 7 employees. Among the employees shown here, the average compensation is $273,346. The highest compensated employee at Mortgage Industry Standards Maintenance Organization Inc. is Michael C Fratantoni with fiscal year 2021 compensation of $478,926.

Revenue, expenses, and employee compensation

Revenue

$4,116,831

Expenses

$2,956,997

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael C Fratantoni
President (Until 11/30/20)
$478,926
$0 $440,591 $38,335
Lisa J Haynes
Treasurer
$415,847
$0 $381,475 $34,372
Richard J Hill
Executive Vice President (11/30/20)
$280,088
$0 $258,021 $22,067
Janis K Davis
Vice President - Industry Stdrs.
$257,076
$0 $234,735 $22,341
Jonathan P Kearns
Vice President - PROD Development
$233,115
$0 $199,880 $33,235
Michael W Briggs
Secretary
$223,914
$0 $209,232 $14,682
Seth D Appleton
President (From 12/01/20)
$24,453
$0 $22,871 $1,582

Benchmark Employee Compensation

Non-Employee Board Members

Brian Woodring
Board Member
Chad Powers
Board Member
Chris McEntee
Vice Chair
Chuck Walker
Board Member
Eric Ray
Board Member
Erik Schmitt
Board Member
Gary Clark
Board Member
Jeff Bode
Board Member
Jeff Hurley
Board Member
Jim Follette
Board Member
John Hedlund
Board Member
Kurt Pfotenhauer
Chair

Contractors

Phoenix Oversight Group LLC
Professional
$210,744
Falcon Capital Advisors LLC
Professional
$181,072

Mission Statement

TO DRIVE STANDARDIZED DATA AND INFORMATION AND IMPROVED BUSINESS PRACTICES BETWEEN ALL MORTGAGE STAKEHOLDERS THROUGH COLLABORATIVE AND INNOVATIVE INITIATIVES THAT IMPROVE EFFICIENCY, REDUCE COSTS AND FACILITATE STAKEHOLDER SUCCESS.

Revisions to this organization profile

August 11, 2025:
2024 Mortgage Industry Standards Maintenance Organization Inc. 990 filed
August 8, 2024:
2023 Mortgage Industry Standards Maintenance Organization Inc. 990 filed
August 7, 2023:
2022 Mortgage Industry Standards Maintenance Organization Inc. 990 filed

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