NonprofitsUsfn

Usfn

N RICHLND HLS, TX

Total revenue

$2.3M

Total expenses

$2.2M

Net assets

$400K

Grants received

EIN

330328597

Tax year

2023

Mission

USFN serves its members and mortgage servicing professionals by providing first-in-class education, networking opportunities, publications, and industry advocacy in support of effective and efficient business operations, as well as legal and regulatory compliance.

Programs

2 programs

USFN PUBLICATIONS: The USFN Report, a quarterly legal publication addressing key issues, case law, and regulatory change, converted to a digital version. Social media (Linked-in and Twitter) were used to further the reach of articles of vital interest during these unprecedented times. The E-Update continued to address breaking news and other time-sensitive industry legal regulatory, and judicial updates pertinent to the industry. USFN News a bi monthly newsletter with curated and in house produced content was added. USFN rebranded and updated the NMSRD to the USFN Source, a web based serchable digital database of regulations impacting the mortgage, forceclosure, default and bankruptcy space.

EDUCATIONIn 2024, USFN produced more than 20 different webinars, seminars, and conferences addressing issues of relevance to all levels of the mortgage servicing industry and related legal professionals. USFN provided Continuing Legal Education to member attorneys and well as attorneys who work for mortgage servicers. USFN offered more than 12 hours of CLE in 2024 including highly sought-after subjects such as legal ethics.

Financials

FY 2023

Revenue

Contributions & grants$204K
Program service revenue$2.0M
Investment income$6K
Other revenue$5K
Total revenue$2.3M

Expenses

Grants paid
Salaries & benefits$619K
Fundraising
Other expenses$1.6M
Total expenses$2.2M
Total assets$1.2M
Net assets$400K

People

16 listed

NameRoleCompensation

PAMELA L DONAHOO

CEO

Board

$211K

40 hrs/wk

MELODY RICKLES

Director

Board

2 hrs/wk

ANDY SAAG

Director

Board

2 hrs/wk

ANDREW BRENNER

Director

Board

2 hrs/wk

RICHARD NIELSON

Director

Board

2 hrs/wk

JEFFREY WEISSERMAN

Director

Board

2 hrs/wk

JAMES E CLARKE

Vice President

Board

2 hrs/wk

JILLIAN WILSON

Director

Board

2 hrs/wk

EDDIE JIMENEZ

Director

Board

5 hrs/wk

LANCE OLSEN

Director

Board

2 hrs/wk

CHRISTIANNA KERSEY

Director

Board

2 hrs/wk

ROY DIAZ

Director

Board

2 hrs/wk

BRIGHAM LUNDBERG

Director

Board

2 hrs/wk

SALLY E GARRISON

President

Board

2 hrs/wk

JEANETTE O'DONNELL

Director

Board

2 hrs/wk

ROBERT WICHOWSKI

Secretary

Board

2 hrs/wk

Independent contractors

EVENT GARDE LLC

education/events

$208K

Details

EIN330328597
Subsection06
Ruling date1997-01
Formed1988
Employees5
Volunteers400
USFN — Mission, Financials & Grants Received | Grantivo