Form 990 for tax year 2022
Filed by WASHINGTON BANKERS ASSOCIATION.
Totals
- Total revenue
- $1,457,261
- Total expenses
- $1,263,195
- Contributions and grants received
- $190,036
- Grants paid
- $0
- Program service revenue
- $1,266,603
- Investment income
- $622
- Other revenue
- $0
- Total assets, end of year
- $3,914,960
- Total liabilities, end of year
- $501,742
- Net assets or fund balances, end of year
- $3,413,218
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $0
Program services were 0.0% 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.
-
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
$190,036
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: DUES AND ASSESSMENTS
total $656,979 · related or exempt $656,979 · unrelated business $0 · excluded $0
-
2b · Program service revenue: CONVENTIONS AND SEMINARS
total $565,245 · related or exempt $565,245 · unrelated business $0 · excluded $0
-
2c · Program service revenue: COMMISSIONS
total $44,379 · related or exempt $44,379 · 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 $622 · related or exempt $0 · unrelated business $0 · excluded $622
-
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 $420,671
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $228,096
-
8 · Pension plan contributions
total $48,986
-
9 · Other employee benefits
total $37,023
-
10 · Payroll taxes
total $38,288
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $12,686
-
11c · Fees: accounting
total $16,227
-
11d · Fees: lobbying
total $145,000
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $13,500
-
12 · Advertising and promotion
total $1,042
-
13 · Office expenses
total $23,327
-
14 · Information technology
total $21,703
-
15 · Royalties
total $0
-
16 · Occupancy
total $54,693
-
17 · Travel
total $39,328
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $205,241
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $7,923
-
23 · Insurance
total $6,109
-
24a · Other expenses: GOVERNMENT RELATIONS
total $28,267
-
24b · Other expenses: TRAINING
total $11,320
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $10,415
-
24d · Other expenses: COMMUNITY RELATIONS
total $8,619
-
24e · All other expenses
total -$115,269
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $684,356 · end of year $734,288
-
4 · Accounts receivable
beginning of year $56,690 · end of year $121,186
-
9 · Prepaid expenses and deferred charges
beginning of year $73,573 · end of year $86,761
-
10a · Land, buildings and equipment: cost or other basis
$108,086
-
10b · Land, buildings and equipment: accumulated depreciation
$25,905
-
10c · Land, buildings and equipment, net
beginning of year $75,104 · end of year $82,181
-
11 · Investments: publicly traded securities
beginning of year $3,063,560 · end of year $2,713,303
-
12 · Investments: other securities
beginning of year $194,362 · end of year $177,241
-
17 · Accounts payable and accrued expenses
beginning of year $149,929 · end of year $123,268
-
19 · Deferred revenue
beginning of year $432,590 · end of year $378,474
-
25 · Other liabilities
beginning of year $17
-
27 · Net assets without donor restrictions
beginning of year $3,565,109 · end of year $3,413,218
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
THE WBA IS COMMITTED TO SUPPORTING AND ADVANCING THE BANKING INDUSTRY IN THE NORTHWEST AND BEYOND
-
PROVIDE MEMBER COMPANIES ADVOCACY AT THE STATE LEVEL AS TO ADVANCE THE INTERESTS OF THE BANKING COMMUNITY
-
PROVIDE MEMBER COMPANIES ACCESS TO EDUCATIONAL PROGRAMS SPECIFIC TO THE BANKING INDUSTRY TO FURTHER THE PROFESSIONAL KNOWLEDGE, DEVELOPMENT, AND AIMS OF EMPLOYEES IN THE BANKING INDUSTRY
As filed on the 2022 return.
Listed in Part VII
-
GLEN SIMECEK
PRESIDENT & CEO
- Total calculated
- $354,229
- From this org
- $330,632
- From related orgs
- $0
- Other
- $23,597
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $254,632
- Bonus
- $76,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $23,597
- Filer's total
- $354,229
-
DUNCAN TAYLOR
SENIOR VICE PRESIDENT
- Total calculated
- $170,352
- From this org
- $149,854
- From related orgs
- $0
- Other
- $20,498
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $113,952
- Bonus
- $35,902
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $20,498
- Filer's total
- $170,352
-
JACK HEATH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
SUSAN HORTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
JON JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
JOSEPH KILEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MARK MASON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
GREG OAKES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
ERIC PEARSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
GAIL RASMUSSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
CLINT STEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
LAURIE STEWART
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
DAVID SWARTLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
BRENT BEARDALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
JAY COLEMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MATT DEINES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
BRYAN MCDONALD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
CHARLIE GUILDNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
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
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
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.
-
527 · POLITICAL ACTION COMMITTEE · WA
Directly controlled by WASHINGTON BANKERS ASSOCIATION
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.
-
C · PROFESSIONAL SERVICES TO THE BANKERS ASSOCIATION · WA · 100% owned · share of income $159,328 · share of assets $194,362 · controlled entity
Directly controlled by WASHINGTON BANKERS ASSOCIATION
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 27 April 2023
- IRS schema version
- 2022v5.0
- Source object
- 202331189349300603
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