2016-08-02T11:50:33-05:00 2015-12-31 521855942 Tate and Tryon 2021 L Street NW Suite 400 Washington DC 20036 990 2015-01-01 521347951 CSBS EDUCATION FOUNDATION EDUC 2022962840 1129 20th Street No 900 WASHINGTON DC 20036 THOMAS E HARLOW EVP-FINANCE & ADMINISTRATION 2022962840 2016-08-02 1 Elizabeth Heller P00397829 2022932200 2015 2016-12-15 16:53:06Z JOHN W RYAN 1129 20th Street No 900 WASHINGTON DC 20036 3094720 0 X WWW.CSBS.ORG X 1984 DC The purpose of the CSBS Education Foundation (CSBSEF) is to fund and direct the learning and development, examiner certification, and department accreditation efforts of the Professional Development division staff. To that end, the CSBS Professional Development division offers a wide range of on-site and online learning and development programs for regulatory personnel, a variety of examiner certification designations to recognize their professionalism, and accreditation programs for state bank and mortgage regulatory agencies to strengthen the system of state financial supervision. 15 15 0 29 0 0 1117519 1139961 1918956 1901964 31536 52795 0 0 3068011 3094720 22945 18205 0 0 1066029 815022 0 0 0 2476055 2169681 3565029 3002908 -497018 91812 3197377 2950896 849246 622074 2348131 2328822 X The mission of the CSBSEF is to enhance state financial supervision, which is fulfilled by providing: (i) technical examiner training, continuing education, and executive programs; (ii) department accreditation for bank safety and soundness and mortgage supervision; and (iii) examiner certification for multiple levels of expertise and specialty areas. 0 0 1177471 1278688 Continuing and Executive Education - these programs provide industry, policy, and risk management updates for mid-level managers and senior executives in the state regulatory agencies. 309111 18205 312121 Technical Training - These online and on-site programs prepare examiners of banks, trust departments, mortgage companies, and money service businesses in the detailed process of on-site examination and off-site monitoring of these depository and non-depository financial institutions. Additionally, each year, the CSBSEF awards scholarships to bank and trust examiners that are enrolled in graduate schools for banking. These awards are partially funded by earnings from the permanently restricted Samuel Weinrott memorial scholarship fund. 110566 348386 Agency Accreditation Program - the accreditation program provides a comprehensive review of the critical elements of a state regulatory agency. The program assesses a regulatory agency's ability to discharge its responsibilities through an investigation of its administration and finances, personnel policies, training programs, examination policies, supervisory procedures, and statutory powers. In establishing standards for state banking departments and mortgage regulatory agencies, the CSBSEF is supporting public interest goals by identifying highly competent state banking departments and mortgage agencies and strengthening the capabilities of all departments and agencies. 960589 THE CONFERENCE OF STATE BANK SUPERVISORS, INC. (CSBS) shares its employees, office space, and office supplies/equipment with the CSBSEF. As a result, CSBS allocates a portion of its personnel and overhead costs to CSBS Education Foundation which were used to advance CSBSEF's three primary areas of focus. However, the CSBSEF does not allocate these costs to each of the individual program services. 960589 2557737 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 42 0 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X The Organization 2022962840 1129 20th Street No 900 WASHINGTON DC 20036 MELANIE HALL CHAIRMAN (AS OF JUNE 15) 1.00 3.00 X X 0 0 0 MICK THOMPSON VICE CHAIRMAN (UNTIL NOV 15) 1.00 0.00 X X 0 0 0 Lauren Kingry TREASURER (UNTIL MAY 15) 1.00 3.00 X X 0 0 0 Charles Dolezal TREASURER (JUNE 15-NOV 15) 1.00 3.00 X X 0 0 0 Albert Forkner TREASURER (AS OF DEC 15) 1.00 3.00 X X 0 0 0 John Ryan SECRETARY/PresIDENT & CEO 3.00 34.50 X X 47967 551621 60879 KURT PURDOM PSC CHAIR 1.00 0.00 X X 0 0 0 Melanie Ford CC Chair 1.00 0.00 X 0 0 0 Tracy Bergmann CDOC CHAIR 1.00 0.00 X 0 0 0 VICTORIA A REIDER IMMED. PAST CHAIR (AS OF JUNE 15) 1.00 3.00 X 0 0 0 SCOTT CLARKE MEMBER 1.00 0.00 X 0 0 0 CHARLOTTE CORLEY MEMBER 1.00 3.00 X 0 0 0 ROBERT DONOVAN MEMBER 1.00 3.00 X 0 0 0 THOMAS C FITE MEMBER 1.00 0.00 X 0 0 0 LUTHER GUINN MEMBER 1.00 0.00 X 0 0 0 PATRICK MULLEN MEMBER 1.00 0.00 X 0 0 0 CATHY NAHNSEN ROBISON MEMBER (UNTIL NOV 15) 1.00 0.00 X 0 0 0 JUDI M STORK MEMBER 1.00 3.00 X 0 0 0 JEFF VOGEL MEMBER 1.00 0.00 X 0 0 0 INGRID WHITE MEMBER (AS OF JUNE 15) 1.00 0.00 X 0 0 0 Thomas Harlow EVP, Finance & Administration 3.00 34.50 X 30605 351949 63823 John Gorman General Counsel 3.00 34.50 X 25122 288904 54753 Sebastien Monnet VP, Learning & Development 37.50 0.00 X 199117 0 45196 Michael Stevens Senior Executive Vice President 5.00 32.50 X 65615 426496 67160 Suprotik Ghose Chief Information Officer 3.00 34.50 X 27452 315694 39589 Kelly Haire VP, Human Resources 3.00 34.50 X 16517 189949 23788 Aleksey Kukin VP, Enterprise Infrastructure 3.00 34.50 X 11724 134822 18698 Vaughn Noring SA, Accred. & Supervisory Processes 3.00 34.50 X 14946 171879 21087 Franklin Whetsell Controller 3.00 34.50 X 12938 148785 28221 Helen Woody VP, Media & Industry Relations 3.00 34.50 X 12649 145468 25510 464652 2725567 448704 1 0 1 0 Deloitte Consulting LLP 25 Broadway New York NY 10004 Learning Program Assessment consulting 193067 1 1139961 1139961 EDUCATION PROGRAMS 611600 1670004 1670004 ACCREDITATION FEES 611710 225000 225000 PUBLICATION REVENUE 511190 6960 6960 1901964 52795 52795 3094720 1901964 0 52795 X 18205 18205 469768 399303 70465 237363 201759 35604 107891 91707 16184 3151 3151 889 889 144886 114586 30300 67021 27106 39915 164377 91659 72718 65271 55480 9791 374725 336982 37743 6553 6553 1009731 995955 13776 56229 56229 ALLOC OVERHEAD OF CSBS 269520 229092 40428 DUES & SUBSCRIPTIONS 7298 7298 PLACEMENT FEE 6300 6300 MISCELLANEOUS -6270 -4097 -2173 3002908 2557737 445171 0 779258 668219 25766 38390 92505 92112 393606 262058 187777 131548 1719372 1841319 392699 179308 3197377 2950896 228414 22380 447489 450748 173343 148946 849246 622074 X 2142820 2179742 194173 137942 11138 11138 2348131 2328822 3197377 2950896 91812 -111121 0 X X 0 1 X 1 0 X 1911000 511000 831472 1117519 1139961 5510952 1994819 1495485 1864363 1918956 1901964 9175587 1137 1137 3906956 2006485 2695835 3036475 3041925 14687676 1911000 511000 831472 1117519 1139961 5510952 39435 166076 210321 182814 196984 795630 1950435 677076 1041793 1300333 1336945 6306582 8381094 21004 23497 27562 31536 52795 156394 21004 23497 27562 31536 52795 156394 42065 42065 3970025 2029982 2723397 3068011 3094720 14886135 0.56300 0.54530 0.01050 0.01270 X Schedule A, Part III, Line 12, Explanation of Other Income: Miscellaneous Income - 2011 Amount: $ 42,065. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11138 11138 11138 3 3 11138 11138 5 5 11138 11138 7 7 11138 11138 10 10 11138 1.00000 0 0 393606 262058 131548 131548 DUE FROM RELATED ORGANIZATIONS 179308 179308 FUNDS HELD FOR OTHERS 22177 DUE TO RELATED ORGANIZATION 126769 148946 2983599 -111121 -111121 3094720 0 3094720 3002908 0 3002908 0 3002908 Part V, Line 4: Investment earnings from the permanently restricted Samuel Weinrott Memorial Scholarship Fund are used for providing scholarships to bank examiners at graduate schools of banking. The remaining amount of scholarships awarded are funded from the Foundation's unrestricted net assets. 1 Sam Weinrott Scholarship 3 18205 Part I, Line 2: CSBS EDUCATION FOUNDATION is able to monitor student attendance at the graduate banking schools because tuition is paid directly to the schools and feedback is received from scholarship recipients. X X X X X X 0 0 0 0 0 0 0 0 0 John Ryan SECRETARY/PresIDENT & CEO 41717 479751 6080 69920 170 1950 3944 45356 1139 13093 53050 610070 0 0 Thomas Harlow EVP, Finance & Administration 25195 289739 5040 57960 370 4250 3517 40446 1747 20091 35869 412486 0 0 John Gorman General Counsel 19331 222309 4000 46000 1791 20595 2952 33942 1922 22109 29996 344955 0 0 Sebastien Monnet VP, Learning & Development 167171 0 30100 0 1846 0 24936 0 20909 0 244962 0 0 0 Michael Stevens Senior Executive Vice President 54636 355135 10667 69333 312 2028 6573 42727 2929 19035 75117 488258 0 0 Suprotik Ghose Chief Information Officer 22823 262464 4464 51336 165 1894 2544 29256 779 8964 30775 353914 0 0 Kelly Haire VP, Human Resources 13992 160908 2312 26588 213 2453 1903 21885 152 1744 18572 213578 0 0 Aleksey Kukin VP, Enterprise Infrastructure 10862 124911 800 9200 62 711 960 11040 641 7369 13325 153231 0 0 Vaughn Noring SA, Accred. & Supervisory Processes 12654 145518 2160 24840 132 1521 1638 18835 169 1946 16753 192660 0 0 Franklin Whetsell Controller 11232 129163 1488 17112 218 2510 1514 17412 795 9143 15247 175340 0 0 Helen Woody VP, Media & Industry Relations 11192 128708 1344 15456 113 1304 1486 17094 583 6705 14718 169267 0 0 Form 990, Part VI, Section A, line 7a All members of the Foundation's Board of Trustees are chosen by the Conference of State Bank Supervisors, Inc., a related 501(c)(3) organization. Form 990, Part VI, Section A, line 7b The annual budget and any proposed changes to the bylaws are reviewed and approved by the CSBS Board of Directors. Form 990, Part VI, Section B, line 11 The Foundation's Form 990 is thoroughly reviewed by the management team before the return is signed and filed. The Foundation also posts the 990 on the Board's website and emails the members of the Board on how to access it. Form 990, Part VI, Section B, line 12c EACH YEAR, ALL EMPLOYEES AND TRUSTEES ARE REQUIRED TO COMPLETE DISCLOSURE FORMS REGARDING ANY POTENTIAL CONFLICTS IN VENDOR RELATIONSHIPS, OR RELATIONSHIPS WITH OTHER ORGANIZATIONS, OR ANY FAMILY RELATIONSHIPS WITH VENDORS, OTHER EMPLOYEES OR OTHER ORGANIZATIONS. THE ORGANIZATION ALSO HAS POLICIES IN PLACE TO REQUIRE BIDS BEFORE VENDORS ARE SELECTED WHEN CONTRACTS ARE OVER THE AMOUNT OF $10,000, AND THE BID SUMMARY FORM REQUIRES DISCLOSURE OF ANY PERSONAL OR FAMILY RELATIONSHIP WITH A BIDDER. Form 990, Part VI, Section B, line 15 CSBS EDUCATION FOUNDATION DOES NOT HAVE ITS OWN EMPLOYEES; INSTEAD, EMPLOYEES OF THE CONFERENCE OF STATE BANK SUPERVISORS (CSBS) ARE CONTRACTED OUT TO WORK ON FOUNDATION ACTIVITIES, AND THE FOUNDATION REIMBURSES CSBS FOR THESE EMPLOYEES AT COST. THUS, EMPLOYEES WORKING ON FOUNDATION ACTIVITIES ARE SUBJECT TO CSBS' FORMAL POLICY FOR DETERMINING COMPENSATION, WHICH STATES THAT THE PROCESS FOR DETERMINING THE COMPENSATION OF ITS OFFICERS AND KEY EMPLOYEES SHALL INCLUDE (1) REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE OF CSBS, (2) USE OF DATA AS TO COMPARABLE COMPENSATION, AND (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. THE PERSONNEL AND COMPENSATION COMMITTEE OF THE CSBS BOARD OF DIRECTORS HAS BEEN ESTABLISHED IN ITS BYLAWS AS A STANDING COMMITTEE, WHICH DEFINES THAT THE COMMITTEE'S PURPOSE IS TO RECOMMEND SALARY RANGES AND COMPENSATION FOR CSBS STAFF TO THE BOARD OF DIRECTORS FOR APPROVAL AND TO CONDUCT AN ANNUAL PERFORMANCE APPRAISAL OF THE PRESIDENT/CEO. Form 990, Part VI, Section C, line 19 CSBS EDUCATION FOUNDATION DOES NOT ISSUE SEPARATE AUDITED FINANCIAL STATEMENTS; RATHER, IT IS CONSOLIDATED WITHIN CSBS' AUDITED FINANCIAL STATEMENTS. CSBS DOES NOT MAKE ITS AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC IN ANY FORM OUTSIDE OF THE FORM 990. CSBS EDUCATION FOUNDATION ALSO DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY PUBLICLY AVAILABLE. HOWEVER, CSBS EDUCATION FOUNDATION WOULD CONSIDER ANY REQUESTS RECEIVED FROM THE GENERAL PUBLIC FOR SUCH DOCUMENTS. FORM 990, PART IX, LINE 18: We are an association of state banking officials and reimburse those officials from time to time for travel expenses related to conduct of required duties of the organization. Form 990, Part XII, Line 2c: THE AUDIT REVIEW PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR. STATE REGULATORY REGISTRY LLC 1129 20TH STREET NW 9TH FLOOR WASHINGTON DC 20036 205641694 DEVELOPMENT & OPERATION OF THE NATIONWIDE MORTGAGE LICENSING SYSTEM DC 64995290 102046587 CONFERENCE OF STATE BANK SUPERVISORS INC CONFERENCE OF STATE BANK SUPERVISORS INC 1129 20TH STREET NW 9TH FLOOR WASHINGTON DC 20036 522080072 SUPPORT LEADERSHIP ROLE OF STATE BANKING SUPERVISORS DC 501(c)(3) Line 9 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0