Form 990 for tax year 2024
Filed by COMMUNITY DEVELOPMENT BANKERS ASSOCIATION CDBA.
Totals
- Total revenue
- $1,376,441
- Total expenses
- $1,295,392
- Contributions and grants received
- $965,684
- Grants paid
- $0
- Program service revenue
- $401,077
- Investment income
- $9,680
- Other revenue
- $0
- Total assets, end of year
- $2,276,968
- Total liabilities, end of year
- $424,528
- Net assets or fund balances, end of year
- $1,852,440
- Program services expenses (Part IX)
- $1,093,005
- Management and general expenses
- $202,387
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,093,005
Program services were 84.4% 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
$607,440
-
1f · All other contributions, gifts and grants
$358,244
-
2a · Program service revenue: PEER FORUM SPONSORSHIP
total $257,500 · related or exempt $257,500
-
2b · Program service revenue: PEER FORUM ATTENDANCE
total $117,905 · related or exempt $117,905
-
2c · Program service revenue: DATA SERVICES
total $25,672 · related or exempt $25,672
-
3 · Investment income
total $9,680 · excluded $9,680
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $891,995 · program services $769,638 · management and general $122,357
-
11b · Fees: legal
total $16,066 · management and general $16,066
-
12 · Advertising and promotion
total $9,536 · program services $9,536
-
13 · Office expenses
total $81,477 · program services $30,799 · management and general $50,678
-
14 · Information technology
total $60,974 · program services $60,974
-
16 · Occupancy
total $48,583 · program services $38,866 · management and general $9,717
-
17 · Travel
total $7,193 · program services $7,193
-
19 · Conferences, conventions and meetings
total $148,651 · program services $148,526 · management and general $125
-
22 · Depreciation, depletion and amortization
total $9,423 · program services $9,423
-
23 · Insurance
total $917 · program services $917
-
24a · Other expenses: TRADE PUBLICATION SUBS.
total $10,080 · program services $8,064 · management and general $2,016
-
24b · Other expenses: TRADE ASSOC. DUES
total $4,795 · program services $3,836 · management and general $959
-
24c · Other expenses: MEMBER SERVICES
total $3,512 · program services $3,512
-
24d · Other expenses: TRAING/MEETING FEES
total $2,151 · program services $1,721 · management and general $430
-
24e · All other expenses
total $39 · management and general $39
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,366,669 · end of year $259,145
-
2 · Savings and temporary cash investments
beginning of year $446,545 · end of year $1,556,226
-
3 · Pledges and grants receivable
beginning of year $331,471 · end of year $271,024
-
4 · Accounts receivable
beginning of year $372,250 · end of year $87,500
-
9 · Prepaid expenses and deferred charges
beginning of year $40,264 · end of year $92,753
-
10a · Land, buildings and equipment: cost or other basis
$28,270
-
10b · Land, buildings and equipment: accumulated depreciation
$17,950
-
10c · Land, buildings and equipment, net
beginning of year $19,743 · end of year $10,320
-
17 · Accounts payable and accrued expenses
beginning of year $203,802 · end of year $361,009
-
19 · Deferred revenue
beginning of year $601,750 · end of year $63,519
-
27 · Net assets without donor restrictions
beginning of year $1,771,390 · end of year $1,564,440
-
28 · Net assets with donor restrictions
end of year $288,000
Mission and programs · 2024
Mission
THE MISSION OF THE COMMUNITY DEVELOPMENT BANKERS ASSOCIATION IS TO FURTHER THE REBUILDING OF LOW INCOME COMMUNITIES VIA EDUCATING THE FINANCIAL SERVICES INDUSTRY, INCLUDING SOCIALLY MOTIVATED INVESTORS AND COMMUNITY DEVELOPMENT BANKS, IN REGARDS TO THE CREDIT AND FINANCIAL SERVICE NEEDS OF THESE COMMUNITIES.
-
THE COMMUNITY DEVELOPMENT BANKERS ASSOCIATION IS THE VOICE AND CHAMPION OF THE COMMUNITY DEVELOPMENT BANKING INDUSTRY. WE EDUCATE POLICYMAKERS, REGULATORS, AND LEGISLATORS ON THE IMPORTANCE OF COMMUNITY DEVELOPMENT BANKS WITH A MISSION TO SERVE LOW- AND MODERATE-INCOME COMMUNITIES. THROUGH OUR ADVOCACY, THESE CONSTITUENCIES GAIN A CLEAR PERSPECTIVE ON THE CIRCUMSTANCES UNDER WHICH OUR MEMBERS OPERATE AND THE NEEDS OF THE COMMUNITIES THEY SERVE. CDBA ALSO LEADS THE GROWTH AND DEVELOPMENT OF THE SECTOR THROUGH PROGRAMMING AND INFORMATION-SHARING FOCUSED ON BUILDING HEALTHY INSTITUTIONS THAT HAVE THE CAPACITY TO PROMOTE ACCESS TO CAPITAL AND FINANCIAL SERVICES IN THEIR COMMUNITIES. THESE INCLUDE WEBINARS, IN-PERSON MEETINGS, NEWSLETTERS, DATA SOURCES, AND OUR ANNUAL CONFERENCE, THE CDBA PEER FORUM. TOGETHER, THESE CHANNELS HELP US EDUCATE OUR MEMBER BANKS ABOUT THE RESOURCES AVAILABLE TO THEM IN FURTHERING THEIR SHARED COMMUNITY DEVELOPMENT MISSION.
Expenses $1,093,005 · Revenue $375,405
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
DARRIN WILLIAMS
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
CARLOS NAUDON
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
DOMINIK MJARTAN
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
ROBERT PATRICK COOPER
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
ANDY ANDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BRIAN ARGRETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KENT CURTIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
DEMETRIS GIANNOULIAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
ROBERT JAMES II
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
TRACIE DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
HOPE JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
DENNIS AMMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KAT TAYLOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
JOE QUIROGA
DIRECTOR
- 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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 6 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202513169349305081
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