Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $0

• 1b · Membership dues

  $0

• 1c · Fundraising events

  $0

• 1d · Related organizations

  $0

• 1e · Government grants (contributions)

  $0

• 1f · All other contributions, gifts and grants

  $289,001

• 1g · Noncash contributions included above

  $0

• 2a · Program service revenue: DUES AND ASSESSMENTS

  total $958,570 · related or exempt $958,570 · unrelated business $0 · excluded $0

• 2b · Program service revenue: CONVENTIONS AND SEMINARS

  total $926,721 · related or exempt $926,721 · unrelated business $0 · excluded $0

• 2c · Program service revenue: COMMISSIONS

  total $80,155 · related or exempt $80,155 · unrelated business $0 · excluded $0

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $14,263 · related or exempt $0 · unrelated business $0 · excluded $14,263

• 4 · Income from investment of tax-exempt bond proceeds

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 5 · Royalties

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7c · Gain or loss

  securities $0 · other assets $0

• 8a · Fundraising events: contributions included on line 1c

  $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $0

• 2 · Grants to domestic individuals

  total $0

• 3 · Grants to foreign organizations and individuals

  total $0

• 4 · Benefits paid to or for members

  total $0

• 5 · Compensation of officers, directors and key employees

  total $653,430

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $348,689

• 8 · Pension plan contributions

  total $108,705

• 9 · Other employee benefits

  total $32,643

• 10 · Payroll taxes

  total $58,193

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $25,378

• 11c · Fees: accounting

  total $14,375

• 11d · Fees: lobbying

  total $310,000

• 11e · Fees: professional fundraising services

  total $0

• 11f · Fees: investment management

  total $0

• 11g · Fees: other

  total $30,000

• 12 · Advertising and promotion

  total $1,423

• 13 · Office expenses

  total $11,909

• 14 · Information technology

  total $57,105

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $71,751

• 17 · Travel

  total $51,278

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $408,144

• 20 · Interest

  total $0

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $11,206

• 23 · Insurance

  total $8,031

• 24a · Other expenses: GOVERNMENT RELATIONS

  total $18,158

• 24b · Other expenses: PUBLIC RELATIONS

  total $18,000

• 24c · Other expenses: MEALS & ENTERTAINMENT

  total $14,258

• 24d · Other expenses: DUES & SUBSCRIPTIONS

  total $13,743

• 24e · All other expenses

  total -$151,270

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $734,288 · end of year $865,690

• 2 · Savings and temporary cash investments

  end of year $242,554

• 3 · Pledges and grants receivable

  end of year $0

• 4 · Accounts receivable

  beginning of year $121,186 · end of year $126,924

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 7 · Other notes and loans receivable

  end of year $0

• 8 · Inventories for sale or use

  end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $86,761 · end of year $42,958

• 10a · Land, buildings and equipment: cost or other basis

  $108,086

• 10b · Land, buildings and equipment: accumulated depreciation

  $37,111

• 10c · Land, buildings and equipment, net

  beginning of year $82,181 · end of year $70,975

• 11 · Investments: publicly traded securities

  beginning of year $2,713,303 · end of year $3,091,250

• 12 · Investments: other securities

  beginning of year $177,241 · end of year $150,923

• 13 · Investments: program-related

  end of year $0

• 14 · Intangible assets

  end of year $0

• 15 · Other assets

  end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $123,268 · end of year $206,044

• 18 · Grants payable

  end of year $0

• 19 · Deferred revenue

  beginning of year $378,474 · end of year $439,808

• 20 · Tax-exempt bond liabilities

  end of year $0

• 21 · Escrow or custodial account liability

  end of year $0

• 22 · Loans and payables to officers and key people

  end of year $0

• 23 · Secured mortgages and notes payable

  end of year $0

• 24 · Unsecured notes and loans payable

  end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $3,413,218 · end of year $3,945,422

• 28 · Net assets with donor restrictions

  beginning of year $0 · end of year $0

The filer's explanations (Part III)

Schedule J, Part I, Line 4

GLEN SIMECEK, PRESIDENT & CEO, PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN AS DESCRIBED IN SECTION 457(F).

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• WBA PROFESSIONAL SERVICES INC

  C · PROFESSIONAL SERVICES TO THE BANKERS ASSOCIATION · WA · 100% owned · share of income $194,624 · share of assets $182,450 · controlled entity

  Directly controlled by WASHINGTON BANKERS ASSOCIATION