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← COMMUNITY BANKERS ASSOCIATION OF ILLINOIS INC

Form 990 for tax year 2022

Filed by COMMUNITY BANKERS ASSOCIATION OF ILLINOIS INC.

Totals

Total revenue
$4,396,574
Total expenses
$4,059,180
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$3,767,955
Investment income
$57,877
Other revenue
$570,742
Total assets, end of year
$6,787,281
Total liabilities, end of year
$1,513,447
Net assets or fund balances, end of year
$5,273,834
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: Membership Dues

    total $1,622,153 · related or exempt $1,622,153

  • 2b · Program service revenue: Education

    total $1,463,632 · related or exempt $1,463,632

  • 2c · Program service revenue: Convention

    total $650,604 · related or exempt $650,604

  • 2d · Program service revenue: Career Development Div

    total $27,616 · related or exempt $27,616

  • 2e · Program service revenue: Associate Membership D

    total $1,790 · related or exempt $1,790

  • 2f · All other program service revenue

    total $2,160 · related or exempt $2,160

  • 3 · Investment income

    total $53,877 · excluded $53,877

  • 5 · Royalties

    total $366,185 · excluded $366,185

  • 6a · Gross rents

    real property $15,683

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $15,683

  • 6d · Net rental income or loss

    total $15,683 · excluded $15,683

  • 7a · Gross sales of assets other than inventory

    other assets $4,000

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

    other assets $0

  • 7c · Gain or loss

    other assets $4,000

  • 7d · Net gain or loss

    total $4,000 · excluded $4,000

  • 11a · Other revenue: Consulting Fees

    total $168,138 · unrelated business $168,138

  • 11b · Other revenue: Misc

    total $14,689 · related or exempt $14,689

  • 11c · Other revenue: Comp. Survey

    total $4,700 · related or exempt $4,700

  • 11d · All other revenue

    total $1,347 · unrelated business $1,347

  • 11e · Other revenue, total

    $188,874

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $1,802,467

  • 8 · Pension plan contributions

    total $32,303

  • 9 · Other employee benefits

    total $253,930

  • 10 · Payroll taxes

    total $141,613

  • 11c · Fees: accounting

    total $19,213

  • 11g · Fees: other

    total $73,436

  • 13 · Office expenses

    total $46,212

  • 16 · Occupancy

    total $32,161

  • 17 · Travel

    total $82,222

  • 19 · Conferences, conventions and meetings

    total $695

  • 22 · Depreciation, depletion and amortization

    total $76,840

  • 23 · Insurance

    total $21,078

  • 24a · Other expenses: Education Programs

    total $1,242,995

  • 24b · Other expenses: Repairs and Maintenance

    total $127,046

  • 24c · Other expenses: Meals & Entertainment

    total $44,490

  • 24d · Other expenses: Property Tax

    total $35,676

  • 24e · All other expenses

    total $26,803

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $3,426,898 · end of year $3,594,482

  • 4 · Accounts receivable

    beginning of year $284,509 · end of year $236,924

  • 7 · Other notes and loans receivable

    beginning of year $798,950 · end of year $810,614

  • 9 · Prepaid expenses and deferred charges

    beginning of year $108,715 · end of year $146,015

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

    $2,678,423

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

    $2,033,775

  • 10c · Land, buildings and equipment, net

    beginning of year $677,041 · end of year $644,648

  • 11 · Investments: publicly traded securities

    beginning of year $500 · end of year $500

  • 12 · Investments: other securities

    beginning of year $1,665,920 · end of year $1,331,544

  • 15 · Other assets

    beginning of year $3,789 · end of year $22,554

  • 17 · Accounts payable and accrued expenses

    beginning of year $325,067 · end of year $105,900

  • 19 · Deferred revenue

    beginning of year $1,370,439 · end of year $1,407,547

  • 27 · Net assets without donor restrictions

    beginning of year $5,270,816 · end of year $5,273,834

Mission and programs · 2022

Mission

The mission of the Community Bankers Association of Illinois is to provide its members a competitive edge by effectively aggregating political, economic, and marketing power. The CBAI is dedicated to keeping community banks competitive for the benefit of their customers and the communities they serve through delivery of quality education, effective political representation, and essential products and services. The mission will be pursued with integrity, equal representation, professionalism, vision, and responsiveness.

  • The Association represents the strengths, values and contributions of community banks in Illinois through publications, meetings, conventions & other activities.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Tom Marantz

    Director

    Total calculated
    $0
    Hours/week
    1

  • Gregg Roegge

    Director

    Total calculated
    $0
    Hours/week
    1

  • Mathew Beavers

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jeff Bonnett

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jim Weast

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Shawn Davis

    Director

    Total calculated
    $0
    Hours/week
    1

  • Sheila Burcham

    First Vice Chairman

    Total calculated
    $0
    Hours/week
    1

  • Amy Thiede

    Director

    Total calculated
    $0
    Hours/week
    1

  • Dan Graham

    Director

    Total calculated
    $0
    Hours/week
    1

  • Mary Jo Homan

    Director

    Total calculated
    $0
    Hours/week
    1

  • Kim McKee

    Director

    Total calculated
    $0
    Hours/week
    1

  • Doug Parrott

    Chairman

    Total calculated
    $0
    Hours/week
    1

  • Colleen Henkel

    Director

    Total calculated
    $0
    Hours/week
    1

  • David Stanton

    Second Vice Chairman

    Total calculated
    $0
    Hours/week
    1

  • Kevin Day

    Director

    Total calculated
    $0
    Hours/week
    1

  • Rick Klinedinst

    Director

    Total calculated
    $0
    Hours/week
    1

  • Chad Martin

    Director

    Total calculated
    $0
    Hours/week
    1

  • Patrick McShane

    Director

    Total calculated
    $0
    Hours/week
    1

  • Dianna Torman

    Director

    Total calculated
    $0
    Hours/week
    1

  • Travis Clem

    Director

    Total calculated
    $0
    Hours/week
    1

  • Carol Jo Fritts

    Director

    Total calculated
    $0
    Hours/week
    1

  • Alan Stremlau

    Director

    Total calculated
    $0
    Hours/week
    1

  • Andrew Black

    Director

    Total calculated
    $0
    Hours/week
    1

  • Neal Stimpert

    Director

    Total calculated
    $0
    Hours/week
    1

  • Chuck Deters

    Director

    Total calculated
    $0
    Hours/week
    1

  • Cameron Ohlendorf

    Director

    Total calculated
    $0
    Hours/week
    1

  • David Loundy

    Director

    Total calculated
    $0
    Hours/week
    1

  • Patrick Beveridge

    CFO

    Total calculated
    $113,084
    From this org
    $113,084
    From related orgs
    $0
    Other
    $0
    Hours/week
    37.5

  • Jerry Cavanaugh

    General Counsel

    Total calculated
    $183,280
    From this org
    $183,280
    From related orgs
    $0
    Other
    $0
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $183,280
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $183,280

  • David Schroeder

    VP of Fed Governmental Rel

    Total calculated
    $168,539
    From this org
    $168,539
    From related orgs
    $0
    Other
    $0
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $168,539
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $168,539

  • Kraig Lounsberry

    President

    Total calculated
    $371,881
    From this org
    $371,881
    From related orgs
    $0
    Other
    $0
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $371,881
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $371,881

  • Tracy McQuinn

    Senior VP of Education & S

    Total calculated
    $158,672
    From this org
    $158,672
    From related orgs
    $0
    Other
    $0
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $158,672
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $158,672

  • Gerald Peck

    Senior VP of Governmental

    Total calculated
    $128,439
    From this org
    $128,439
    From related orgs
    $0
    Other
    $0
    Hours/week
    37.5

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

  • 1a · Travel for companions
  • 1a · Tax indemnification and gross-up payments
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 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.

  • Community Banc Pac

    527 · Political Organization · IL

    Directly controlled by Community Bankers Assn of Il Inc

  • Community Bankers Assoc of Illinois FedPac

    527 · Political Organization · IL

    Directly controlled by Community Bankers Assn of Il Inc

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.

  • Community BancService Corporation Inc

    C · IL · 100% owned

    Directly controlled by Community Bankers Association of Illinois

Provenance

Return type
form_990
Tax year
2022
Filed
23 April 2024
IRS schema version
2022v5.0
Source object
202431299349300448

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