Form 990 for tax year 2022
Filed by NATIONAL BANKERS ASSOCIATION INC.
Totals
- Total revenue
- $4,029,508
- Total expenses
- $1,612,813
- Contributions and grants received
- $3,640,142
- Grants paid
- $0
- Program service revenue
- $327,624
- Investment income
- $0
- Other revenue
- $61,742
- Total assets, end of year
- $3,829,247
- Total liabilities, end of year
- $562,906
- Net assets or fund balances, end of year
- $3,266,341
- Program services expenses (Part IX)
- $1,198,192
- Management and general expenses
- $414,621
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,198,992
Program services were 74.3% 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.
-
1b · Membership dues
$1,811,850
-
1f · All other contributions, gifts and grants
$1,828,292
-
2a · Program service revenue: Convention
total $327,624 · related or exempt $327,624
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $36,346
-
6c · Rental income or loss
real property $36,346
-
6d · Net rental income or loss
total $36,346 · related or exempt $36,346
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Other Income
total $25,396 · related or exempt $25,396
-
11e · Other revenue, total
$25,396
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 $200,000 · program services $120,000 · management and general $80,000
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $483,372 · program services $382,711 · management and general $100,661
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $27,285 · program services $20,555 · management and general $6,730
-
10 · Payroll taxes
total $37,587 · program services $30,962 · management and general $6,625
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $17,410 · management and general $17,410
-
11c · Fees: accounting
total $15,000 · management and general $15,000
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $509,709 · program services $472,950 · management and general $36,759
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $61,272 · management and general $61,272
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $64,856 · management and general $64,856
-
17 · Travel
total $19,617 · program services $14,118 · management and general $5,499
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $156,896 · program services $156,896
-
20 · Interest
total $264 · management and general $264
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $7,585 · management and general $7,585
-
23 · Insurance
total $7,691 · management and general $7,691
-
24a · Other expenses: Repairs
total $4,269 · management and general $4,269
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $824,921 · end of year $18,226
-
2 · Savings and temporary cash investments
end of year $3,117,106
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $597,500 · end of year $252,272
-
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 $2,925 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$362,710
-
10b · Land, buildings and equipment: accumulated depreciation
$194,360
-
10c · Land, buildings and equipment, net
beginning of year $175,936 · end of year $168,350
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $106,406 · end of year $273,293
-
17 · Accounts payable and accrued expenses
beginning of year $8,951 · end of year $91,596
-
19 · Deferred revenue
beginning of year $369,500 · end of year $84,000
-
23 · Secured mortgages and notes payable
beginning of year $309,215 · end of year $286,110
-
25 · Other liabilities
beginning of year $170,376 · end of year $101,200
-
27 · Net assets without donor restrictions
beginning of year $849,646 · end of year $3,266,341
Mission and programs · 2022
Mission
To provide support for the administration of bank members and forum to determine the goals and needs of the membership especially minority financial institutions.
Activities or mission (Part I)
To meet the needs of the membership especially minority financial institutions.
-
Representation, Collaboration and Advocacy within banking community and NBA member banks.
Expenses $1,042,096
-
Annual Convention and Education Training Conference; Annual Conference was held in Washington DC.
Expenses $156,896
As filed on the 2022 return.
Listed in Part VII
-
Nicole Elam
President & CEO
- Total calculated
- $265,000
- From this org
- $200,000
- From related orgs
- $65,000
- Other
- $0
- Hours/week
- 35 + 20 related
Schedule J breakdown matched by us
- Base
- $200,000 + $65,000 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $200,000 + $65,000 related
-
Evonne Holiday
Chief Adm. Officer
- Total calculated
- $116,000
- From this org
- $116,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Robert E James II
Chairman
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Cynthia Day
1st Vice Chair
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
B Doyle Mitchell
Treasurer
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Robert Cooper
Secretary
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dominik Mjartan
At Large
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Evelyn F Smalls
At Large
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kenneth Kelly
Past Chair
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Patrick Cooper
At Large
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Todd McDonald
2nd Vice Chair
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Travis Kiyota
At Large
- 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
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.
-
National Bankers Community Alliance Inc
501(c)(3) · To Support National Bankers Association · DC · controlled entity
Directly controlled by National Bankers Association
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303199349328965
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