Skip to content
Nonprofiteer
← WISCONSIN BANKERS ASSOCIATION INSURANCE TRUST FUND

Form 990 for tax year 2024

Filed by WISCONSIN BANKERS ASSOCIATION INSURANCE TRUST FUND.

Totals

Total revenue
$24,487,237
Total expenses
$24,425,902
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$23,979,954
Investment income
$5,695
Other revenue
$501,588
Total assets, end of year
$761,408
Total liabilities, end of year
$201,205
Net assets or fund balances, end of year
$560,203
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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: CONTRIBUTIONS FOR WELFARE BENEFIT

    total $23,979,954 · related or exempt $23,979,954

  • 3 · Investment income

    total $5,695 · unrelated business $5,695

  • 11a · Other revenue: COMMISSIONS

    total $213,483 · related or exempt $213,483

  • 11b · Other revenue: MANAGEMENT FEES

    total $163,849 · related or exempt $163,849

  • 11c · Other revenue: ADMIN REVENUE

    total $60,124 · related or exempt $60,124

  • 11d · All other revenue

    total $64,132 · related or exempt $64,132

  • 11e · Other revenue, total

    $501,588

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $24,000,266

  • 5 · Compensation of officers, directors and key employees

    total $6,000

  • 11b · Fees: legal

    total $10,891

  • 11c · Fees: accounting

    total $59,485

  • 11g · Fees: other

    total $343,849

  • 24e · All other expenses

    total $5,411

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $243,314 · end of year $725,514

  • 2 · Savings and temporary cash investments

    beginning of year $255,554 · end of year $35,894

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $20,581

  • 19 · Deferred revenue

    beginning of year $0 · end of year $80,624

  • 25 · Other liabilities

    beginning of year $0 · end of year $100,000

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $498,868 · end of year $560,203

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO MEMBERS.

  • PAYMENTS TO PROVIDE HEALTH AND WELFARE BENEFITS TO ITS MEMBERS.

As filed on the 2024 return.

Listed in Part VII

  • Charlie Schmalz

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Timothy Schueler

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Thomas Jensen

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Paul Adamski

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Bank Of Sun Prairie

    TRUSTEE

    Total calculated
    $6,000
    From this org
    $6,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

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.

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.

Related corporations and trusts

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

  • 2-EBC

    CONTRIBUTING EMPLOYER

  • OOSTBURG BANCORP

    CONTRIBUTING EMPLOYER

  • OAKWOOD BANK

    CONTRIBUTING EMPLOYER

  • OAK BANK

    CONTRIBUTING EMPLOYER

  • NORTHWESTERN BANK

    CONTRIBUTING EMPLOYER

  • NORTHERN STATE BANK

    CONTRIBUTING EMPLOYER

  • NEKOOSA PORT EDWARDS STATE BANK

    CONTRIBUTING EMPLOYER

  • MOUND CITY BANK

    CONTRIBUTING EMPLOYER

  • MAYVILLE SAVINGS BANK

    CONTRIBUTING EMPLOYER

  • LAONA STATE BANK

    CONTRIBUTING EMPLOYER

  • KEYSAVINGS BANK

    CONTRIBUTING EMPLOYER

  • INTERNATIONAL BANK OF AMHERST

    CONTRIBUTING EMPLOYER

  • INTERCITY STATE BANK

    CONTRIBUTING EMPLOYER

  • INDEPENDENCE STATE BANK

    CONTRIBUTING EMPLOYER

  • HUSTISFORD STATE BANK

    CONTRIBUTING EMPLOYER

  • HORICON BANK

    CONTRIBUTING EMPLOYER

  • HIGHLAND STATE BANK

    CONTRIBUTING EMPLOYER

  • GREENLEAF BANK

    CONTRIBUTING EMPLOYER

  • PARK BANK

    CONTRIBUTING EMPLOYER

  • GREAT NORTH BANK

    CONTRIBUTING EMPLOYER

  • PARTNERS BANK OF WISCONSIN

    CONTRIBUTING EMPLOYER

  • PESHTIGO NATIONAL BANK

    CONTRIBUTING EMPLOYER

  • WAUMANDEE STATE BANK

    CONTRIBUTING EMPLOYER

  • WALDO STATE BANK

    CONTRIBUTING EMPLOYER

  • THE PINERIES BANK

    CONTRIBUTING EMPLOYER

  • THE PEOPLES COMMUNITY BANK

    CONTRIBUTING EMPLOYER

  • THE BANK OF KAUKAUNA

    CONTRIBUTING EMPLOYER

  • STEPHENSON NATIONAL BANK & TRUST

    CONTRIBUTING EMPLOYER

  • STATE BANK OF REESEVILLE

    CONTRIBUTING EMPLOYER

  • STATE BANK OF CHILTON

    CONTRIBUTING EMPLOYER

  • SHELL LAKE STATE BANK

    CONTRIBUTING EMPLOYER

  • SECURITY STATE BANK

    CONTRIBUTING EMPLOYER

  • SECURITY BANK

    CONTRIBUTING EMPLOYER

  • ROYAL BANCSHARES INC

    CONTRIBUTING EMPLOYER

  • RIVER FALLS STATE BANK

    CONTRIBUTING EMPLOYER

  • RICHLAND COUNTY BANK

    CONTRIBUTING EMPLOYER

  • PORTAGE COUNTY BANK

    CONTRIBUTING EMPLOYER

  • PORT WASHINGTON STATE BANK

    CONTRIBUTING EMPLOYER

  • PILLAR BANK

    CONTRIBUTING EMPLOYER

  • PEOPLES STATE BANK

    CONTRIBUTING EMPLOYER

  • WOODFORD STATE BANK

    CONTRIBUTING EMPLOYER

  • GRADUATE SCHOOL OF BANKING

    CONTRIBUTING EMPLOYER

  • FORTE BANK

    CONTRIBUTING EMPLOYER

  • BLC COMMUNITY BANK

    CONTRIBUTING EMPLOYER

  • BLACK RIVER COUNTRY BANK

    CONTRIBUTING EMPLOYER

  • BENTON STATE BANK

    CONTRIBUTING EMPLOYER

  • BAY BANK

    CONTRIBUTING EMPLOYER

  • BANNER BANKS

    CONTRIBUTING EMPLOYER

  • BANK OF WISCONSIN DELLS

    CONTRIBUTING EMPLOYER

  • BANK OF PRAIRIE DU SAC

    CONTRIBUTING EMPLOYER

  • BANK OF ONTARIO

    CONTRIBUTING EMPLOYER

  • BANK OF MILTON

    CONTRIBUTING EMPLOYER

  • BANK OF LUXEMBURG

    CONTRIBUTING EMPLOYER

  • BANK OF CASHTON

    CONTRIBUTING EMPLOYER

  • BANK OF BRODHEAD

    CONTRIBUTING EMPLOYER

  • BANK OF ALMA

    CONTRIBUTING EMPLOYER

  • BADGER BANK

    CONTRIBUTING EMPLOYER

  • AMERICAN BANK

    CONTRIBUTING EMPLOYER

  • ALLIANCE BANK

    CONTRIBUTING EMPLOYER

  • 3-FIPCO

    CONTRIBUTING EMPLOYER

  • BLUFF VIEW BANK

    CONTRIBUTING EMPLOYER

  • FORTIFI BANK

    CONTRIBUTING EMPLOYER

  • BONDUEL STATE BANK

    CONTRIBUTING EMPLOYER

  • CITIZENS FIRST BANK

    CONTRIBUTING EMPLOYER

  • FIRST NATIONAL COMMUNITY BANK

    CONTRIBUTING EMPLOYER

  • FIRST NATIONAL BANK OF DARLINGTON

    CONTRIBUTING EMPLOYER

  • FIRST NATIONAL BANK

    CONTRIBUTING EMPLOYER

  • FIRST FEDERAL BANK OF WISCONSIN

    CONTRIBUTING EMPLOYER

  • FARMERS STATE BANK OF WAUPACA

    CONTRIBUTING EMPLOYER

  • FARMERS SAVINGS BANK

    CONTRIBUTING EMPLOYER

  • FARMERS & MERCHANTS UNION BANK

    CONTRIBUTING EMPLOYER

  • CAPITOL BANK

    CONTRIBUTING EMPLOYER

  • FARMERS & MERCHANTS BANK

    CONTRIBUTING EMPLOYER

  • EAST WISCONSIN SAVINGS BANK

    CONTRIBUTING EMPLOYER

  • CUMBERLAND FEDERAL BANK

    CONTRIBUTING EMPLOYER

  • CROSSBRIDGE COMMUNITY BANK

    CONTRIBUTING EMPLOYER

  • COMMMUNITY BANK OF CAMERON

    CONTRIBUTING EMPLOYER

  • COLLINS STATE BANK

    CONTRIBUTING EMPLOYER

  • CLEVELAND STATE BANK

    CONTRIBUTING EMPLOYER

  • CLARE BANK

    CONTRIBUTING EMPLOYER

  • CITIZENS STATE BANK OF LOYAL

    CONTRIBUTING EMPLOYER

  • ESB BANK

    CONTRIBUTING EMPLOYER

  • WOODTRUST BANK

    CONTRIBUTING EMPLOYER

  • WISCONSIN BANKERS ASSOCIATION BENEFITS AND INSURANCE COMMITTEE CO WI

    SERVES A BOARD OF DIRECTORS

Provenance

Return type
form_990
Tax year
2024
Filed
5 November 2025
IRS schema version
2024v5.2
Source object
202533109349304103

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.