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Nonprofiteer
← PACIFIC BANKERS MANAGEMENT INSTITUTE

Form 990 for tax year 2025

Filed by PACIFIC BANKERS MANAGEMENT INSTITUTE.

Totals

Total revenue
$5,445,975
Total expenses
$4,452,441
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$5,063,515
Investment income
$382,460
Other revenue
$0
Total assets, end of year
$9,359,618
Total liabilities, end of year
$2,109,033
Net assets or fund balances, end of year
$7,250,585
Program services expenses (Part IX)
$3,956,883
Management and general expenses
$495,558
Fundraising expenses
$0
Program service expenses (Part III)
$3,956,883

Program services were 88.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: TUITION

    total $4,747,300 · related or exempt $4,747,300

  • 2b · Program service revenue: REGISTRATION FEES

    total $241,150 · related or exempt $241,150

  • 2c · Program service revenue: WEB CLASSES & SEMINARS

    total $68,225 · related or exempt $68,225

  • 2d · Program service revenue: SWAG SALES

    total $6,840 · related or exempt $6,840

  • 3 · Investment income

    total $269,110 · excluded $269,110

  • 7a · Gross sales of assets other than inventory

    securities $4,610,000 · other assets $8,086

  • 7b · Less cost or other basis and sales expenses

    securities $4,499,763 · other assets $4,973

  • 7c · Gain or loss

    securities $110,237 · other assets $3,113

  • 7d · Net gain or loss

    total $113,350 · related or exempt $113,350

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $641,125 · program services $428,319 · management and general $212,806

  • 6 · Compensation of disqualified persons

    total $282,435 · program services $225,948 · management and general $56,487

  • 7 · Other salaries and wages

    total $537,199 · program services $499,200 · management and general $37,999

  • 8 · Pension plan contributions

    total $20,768 · program services $20,768

  • 9 · Other employee benefits

    total $126,461 · program services $117,583 · management and general $8,878

  • 10 · Payroll taxes

    total $81,092 · program services $64,711 · management and general $16,381

  • 11b · Fees: legal

    total $54,324 · program services $54,324

  • 11c · Fees: accounting

    total $62,903 · management and general $62,903

  • 11g · Fees: other

    total $2,066 · program services $2,066

  • 12 · Advertising and promotion

    total $143,366 · program services $143,366

  • 13 · Office expenses

    total $34,127 · program services $27,301 · management and general $6,826

  • 14 · Information technology

    total $44,349 · program services $35,479 · management and general $8,870

  • 16 · Occupancy

    total $63,729 · program services $50,983 · management and general $12,746

  • 22 · Depreciation, depletion and amortization

    total $3,791 · program services $3,033 · management and general $758

  • 23 · Insurance

    total $7,432 · program services $5,946 · management and general $1,486

  • 24a · Other expenses: SESSION ROOM AND BOARD

    total $1,275,451 · program services $1,275,451

  • 24b · Other expenses: FACULTY, SPEAKERS & OTHER

    total $366,317 · program services $366,317

  • 24c · Other expenses: EXTENSION PROGRAM

    total $179,508 · program services $179,508

  • 24d · Other expenses: DONATIONS

    total $70,000 · program services $70,000

  • 24e · All other expenses

    total $455,998 · program services $386,580 · management and general $69,418

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $179,137 · end of year $98,646

  • 2 · Savings and temporary cash investments

    beginning of year $3,812,298 · end of year $4,908,408

  • 4 · Accounts receivable

    beginning of year $151,516 · end of year $51,510

  • 9 · Prepaid expenses and deferred charges

    beginning of year $55,468 · end of year $48,058

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

    $303,595

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

    $139,301

  • 10c · Land, buildings and equipment, net

    beginning of year $79,188 · end of year $164,294

  • 11 · Investments: publicly traded securities

    beginning of year $3,580,081 · end of year $3,565,277

  • 15 · Other assets

    beginning of year $57,378 · end of year $523,425

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,583,300 · end of year $1,596,035

  • 25 · Other liabilities

    beginning of year $52,223 · end of year $512,998

  • 27 · Net assets without donor restrictions

    beginning of year $6,279,543 · end of year $7,250,585

Mission and programs · 2025

Mission

GRADUATE LEVEL EDUCATION FOR THE FINANCIAL SERVICES INDUSTRY.

  • PACIFIC COAST BANKING SCHOOL HAD 689 PARTICIPANTS WHO ATTENDED TWO-WEEK RESIDENT SESSIONS FOR THREE CONSECUTIVE SUMMERS AND COMPLETED RESEARCH ASSIGNMENTS BETWEEN SESSIONS. PARTICIPANTS WERE SENIOR LEVEL OFFICERS AND EMPLOYEES FROM THE FINANCIAL SERVICES INDUSTRY.

    Expenses $3,956,883 · Revenue $5,063,515

As filed on the 2025 return.

Listed in Part VII

  • Joan R Reukauf

    PRESIDENT &

    Total calculated
    $468,387
    From this org
    $331,600
    From related orgs
    $0
    Other
    $136,787
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $272,333
    Bonus
    $58,000
    Other
    $1,267
    Deferred
    $116,610
    Nontaxable benefits
    $20,177
    Filer's total
    $468,387

  • Jenene Szuch

    SECRETARY &

    Total calculated
    $309,331
    From this org
    $218,795
    From related orgs
    $0
    Other
    $90,536
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,196
    Bonus
    $53,345
    Other
    $1,254
    Deferred
    $60,392
    Nontaxable benefits
    $30,144
    Filer's total
    $309,331

  • Gretchen Claflin

    CEO

    Total calculated
    $304,499
    From this org
    $250,000
    From related orgs
    $0
    Other
    $54,499
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $250,000
    Bonus
    not reported
    Other
    not reported
    Deferred
    $34,563
    Nontaxable benefits
    $19,936
    Filer's total
    $304,499

  • Kathryn Thompson

    VP MARKETING

    Total calculated
    $194,541
    From this org
    $127,400
    From related orgs
    $0
    Other
    $67,141
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $102,750
    Bonus
    $23,800
    Other
    $850
    Deferred
    $24,907
    Nontaxable benefits
    $42,234
    Filer's total
    $194,541

  • Ted B Austin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Brent Beardall

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • David Brager

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Benjamin F Browning

    VICE CHAIRMA

    Total calculated
    $0
    Hours/week
    1

  • David Cameron

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Randall Chesler

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Leah M Dirks

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Daniel J Doyle

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Roger Forman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Cory L Gardiner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Janet A Garufis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kevin Gould

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Mark Grescovich

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Curtis J Hansen

    PCBS BOARD C

    Total calculated
    $0
    Hours/week
    1

  • Robert S Harrison

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Michael Huston

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jack E Heath III

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Stanley R Ivie

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • John V Evans Jr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Priyanka N Keener

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Mary A Knell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Lindsay A Lawrence

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Maria Eugenia Leon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kathy L Lonowski

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Bryan D McDonald

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Torran B Nixon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Gerrod A Parchmon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Steven L Politakis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Troy J Sanderson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Greg A Ward

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • PACIFIC COAST BANKING SCHOOL LLC

    MANAGMENT · WA · income $5,335,738 · assets $9,359,618

    Directly controlled by PBM INST

Provenance

Return type
form_990
Tax year
2025
Filed
8 June 2026
IRS schema version
2025v4.0
Source object
202621689349301587

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