Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $3,291,201

• 2a · Program service revenue: MEMBERSHIP DUES

  total $46,063,510 · related or exempt $46,063,510

• 2b · Program service revenue: SCHOOLS & TRAINING

  total $21,673,172 · related or exempt $21,668,172 · excluded $5,000

• 2c · Program service revenue: CONFERENCES & CONVENTION

  total $13,508,051 · related or exempt $8,245,351 · excluded $5,262,700

• 2d · Program service revenue: ALL OTHER PROGRAMS

  total $9,135,603 · related or exempt $7,796,903 · unrelated business $1,276,200 · excluded $62,500

• 2e · Program service revenue: PROFESSIONAL CERTIFICATIONS

  total $5,479,020 · related or exempt $5,479,020

• 2f · All other program service revenue

  total $634,141 · related or exempt $614,362 · excluded $19,779

• 3 · Investment income

  total $18,623,063 · excluded $18,623,063

• 5 · Royalties

  total $44,149,619 · excluded $44,149,619

• 7a · Gross sales of assets other than inventory

  securities $82,104,596

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

  securities $69,241,371

• 7c · Gain or loss

  securities $12,863,225

• 7d · Net gain or loss

  total $12,863,225 · excluded $12,863,225

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $206,846

• 5 · Compensation of officers, directors and key employees

  total $10,044,720

• 7 · Other salaries and wages

  total $57,852,237

• 8 · Pension plan contributions

  total $6,176,102

• 9 · Other employee benefits

  total $4,996,509

• 10 · Payroll taxes

  total $4,049,253

• 11b · Fees: legal

  total $7,395,813

• 11c · Fees: accounting

  total $167,464

• 11d · Fees: lobbying

  total $2,385,281

• 11f · Fees: investment management

  total $498,133

• 11g · Fees: other

  total $12,639,097

• 12 · Advertising and promotion

  total $4,673,045

• 13 · Office expenses

  total $1,705,530

• 14 · Information technology

  total $8,830,000

• 15 · Royalties

  total $1,376,651

• 16 · Occupancy

  total $4,752,142

• 17 · Travel

  total $3,964,070

• 19 · Conferences, conventions and meetings

  total $12,602,080

• 22 · Depreciation, depletion and amortization

  total $1,888,751

• 23 · Insurance

  total $581,966

• 24a · Other expenses: TAXES AND FEES

  total $1,468,491

• 24b · Other expenses: CORPORATE MEMBERSHIPS

  total $558,362

• 24c · Other expenses: TRAINING COURSE CONTENT

  total $494,049

• 24d · Other expenses: OVERHEAD ALLOCATION

  total -$984,013

• 24e · All other expenses

  total $786,539

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $43,692,044 · end of year $55,599,197

• 4 · Accounts receivable

  beginning of year $11,089,729 · end of year $12,357,260

• 9 · Prepaid expenses and deferred charges

  beginning of year $3,885,793 · end of year $4,713,923

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

  $31,259,040

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

  $10,329,609

• 10c · Land, buildings and equipment, net

  beginning of year $22,375,504 · end of year $20,929,431

• 11 · Investments: publicly traded securities

  beginning of year $620,704,545 · end of year $717,450,243

• 12 · Investments: other securities

  beginning of year $5,945,364 · end of year $20,910,977

• 15 · Other assets

  beginning of year $74,589,657 · end of year $71,413,194

• 17 · Accounts payable and accrued expenses

  beginning of year $19,990,690 · end of year $23,873,382

• 19 · Deferred revenue

  beginning of year $47,908,603 · end of year $52,809,496

• 25 · Other liabilities

  beginning of year $101,008,451 · end of year $106,196,698

• 27 · Net assets without donor restrictions

  beginning of year $609,550,360 · end of year $715,419,845

• 28 · Net assets with donor restrictions

  beginning of year $3,824,532 · end of year $5,074,804

The filer's explanations (Part III)

PART I, LINE 1A

FIRST-CLASS TRAVEL & TRAVEL FOR COMPANIONS: CERTAIN OFFICERS OF THE ORGANIZATION (FIVE IN TOTAL) ARE ALLOWED TO FLY FIRST CLASS AND MAY BRING A COMPANION AT THEIR DISCRETION. ANY SUCH TRAVEL FOR A NON-EMPLOYEE REIMBURSED BY ABA IS INCLUDED IN TAXABLE INCOME OF EMPLOYEE. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: CERTAIN MEMBERS OF EXECUTIVE LEADERSHIP INVOLVED IN SERP'S (DESCRIBED IN 4B BELOW) HAVE VESTED BUT UNPAID AMOUNTS INCLUDED IN COMPENSATION. A GROSS UP OF 12.25% OF THE TAXABLE AMOUNT IS PAID TO THE EXECUTIVE. SOCIAL CLUB DUES: SOCIAL CLUB DUES ARE PROVIDED FOR BUSINESS USE ONLY.

PART I, LINE 4B

DEFINED CONTRIBUTION PLANS SPONSORED BY THE ASSOCIATION. THE FOLLOWING OFFICERS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES PARTICIPATED IN A NONQUALIFIED SUPPLEMENTAL EMPLOYEE RETIREMENT PLAN WITH ACCRUED PRESENT VALUE ESTIMATED BENEFITS FOR THE YEAR: ROBERT S. NICHOLS $508,800 KARIN PETERSEN FLYNN $35,609 NAOMI G. CAMPER $64,812 PETER COOK $30,940 ALETHIA BAGGETT $24,251 LAENA F. POMEROY $13,736 THOMAS PINDER $25,379

Disregarded entities

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

• CORPORATION FOR AMERICAN BANKING LLC

  MARKETING · DE · income $668,274 · assets $13,221,542

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• FTLD REGISTRY SERVICES LLC CO AMERICAN BANKERS ASSOCATION

  TOP-LEVEL DOMAINS · DC

Related corporations and trusts

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

• ABA CARD SOLUTIONS INC

  C · BUSINESS SERVICES · DE · 100% owned · share of income $631,643 · share of assets $4,895,410 · controlled entity

  Directly controlled by CORPORATION FOR AMERICAN BANKING LLC