Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1997.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
16 people listed on the 990; $160K paid to officers and key staff (Part VII, Section A).
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Pamela L Donahoo | $227,413 | $210,780 | $181,942 | $180,859 | $169,038 | $159,758 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Usfn executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Advances the real estate finance industry through professional development, advocacy, and business opportunities.
Questions for Usfn
Your first name shows with your question. Usfn answers here, for everyone.
In early 2020 like many organizations, the pandemic resulted in significant changes to the operations of USFN. In addition to pandemic-related shutdowns, the Mortgage default industry had ongoing moratoriums imposed on them at the state and federal level that prevent them from moving any foreclosures or other related activities forward.
Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 33-0328597) · Dispute this lineUsfn Industry Relations
In previous years, USFN events provided a relied upon forum for ongoing dialogue between mortgage investors, servicers, and law firms to ensure that issues surrounding compliance, new or changing regulation, timelines, and changes are addressed in a timely and collaborative manner by all relevant parties.
Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 33-0328597) · Dispute this lineUsfn Education
After January, all in-person educational events were canceled. However, because USFN is relied upon to provide critical legal education, some programming was retooled to online events. In 2020, USFN produced more than 25 different webinars, seminars, and virtual conferences addressing issues of relevance to all levels of the mortgage…
Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 33-0328597) · Dispute this lineBy the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $243K | $276K |
| InvestmentsLn 11–13 | $125K | $135K |
| Land, buildings, equipmentLn 10c | $67K | $54K |
| Total assetsLn 16 | $480K | $531K |
| LiabilitiesLn 26 | $427K | $328K |
| Net assetsLn 32 | $52K | $203K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $0 | |||
| Grants to domestic individualsLn 2 | $0 | |||
| Grants and assistance to foreign recipientsLn 3 | $0 | |||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $147K | |||
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $382K | |||
| Pension plan contributionsLn 8 | $4K | |||
| Other employee benefitsLn 9 | $53K | |||
| Payroll taxesLn 10 | $38K | |||
| Management feesLn 11a | $0 | |||
| Legal feesLn 11b | $4K | |||
| Accounting feesLn 11c | $52K | |||
| Lobbying feesLn 11d | $0 | |||
| Professional fundraising feesLn 11e | $0 | |||
| Investment management feesLn 11f | $1K | |||
| Other fees for servicesLn 11g | $52K | |||
| Advertising and promotionLn 12 | $3K | |||
| Office expensesLn 13 | $29K | |||
| Information technologyLn 14 | $47K | |||
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $71K | |||
| TravelLn 17 | $0 | |||
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $0 | |||
| InterestLn 20 | $0 | |||
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $13K | |||
| InsuranceLn 23 | $6K | |||
| Other expenses (24a–d)Ln 24 | $102K | |||
| All other expensesLn 24e | $2K | |||
| Total functional expensesLn 25 | $1.0M | $0 | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS May 11, 2026 | $2.4M | $2.3M | $82K | $482K | 990 PDF |
| FY2024Filed with the IRS Jun 25, 2025 | $2.3M | $2.2M | $70K | $400K | 990 PDF |
| FY2023Filed with the IRS Aug 15, 2024 | $2.7M | $2.5M | $216K | $303K | 990 PDF |
| FY2022Filed with the IRS Sep 27, 2023 | $1.1M | $1.4M | −$265K | $82K | 990 PDF |
| FY2021Filed with the IRS Sep 13, 2022 | $1.2M | $948K | $213K | $424K | 990 PDF |
| FY2020 ViewingFiled with the IRS Jul 15, 2021 | $1.1M | $1.0M | $144K | $203K | 990 PDF |
Schedules filed Part IV
See the full FY2020 990
Part I · Summary $1,148,309 revenue, 12 lines filed
Part VI · Governance 15 of 15 board members independent, no flags
Part VIII · Statement of revenue $1,148,309 across 9 lines filed
Part IX · Statement of functional expenses $1,004,422 across 31 lines filed
Part X · Balance sheet $531,218 assets, 23 lines filed
Part XI · Reconciliation of net assets $202,805 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
Similar organizations you could support · Compare with another nonprofit
Names, privacy, and removal requests More
The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.
Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.
We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.
Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.
If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.
Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.
If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.