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MINNESOTA BANKERS ASSOCIATION

EIN 41-1329720 EDEN PRAIRIE, MN

Revenue 2024
$4,074,305
Expenses 2024
$3,833,601

As filed

Subsection
06
Classification
2000
Street
8050 WASHINGTON AVENUE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Joseph Witt

    President/CEO

    Total calculated
    $536,658
    From this org
    $463,345
    From related orgs
    $0
    Other
    $73,313
    Hours/week
    29.9 + 10.1 related

    Schedule J breakdown matched by us

    Base
    $389,150
    Bonus
    $74,195
    Other
    $0
    Deferred
    $22,875
    Nontaxable benefits
    $50,438
    Filer's total
    $536,658

  • Andy Schormack

    Chair

    Total calculated
    $0
    Hours/week
    3

  • Chris Ryan

    Vice Chair/Treasurer

    Total calculated
    $0
    Hours/week
    3 + 1 related

  • Doug Tate

    Immediate Past Chair

    Total calculated
    $0
    Hours/week
    3

  • Kevin Valois

    Director

    Total calculated
    $0
    Hours/week
    3

  • Greg Evans

    Director

    Total calculated
    $0
    Hours/week
    3

  • John Ohlin

    Director

    Total calculated
    $0
    Hours/week
    3

  • Katie Wahlquist

    Director

    Total calculated
    $0
    Hours/week
    3

  • Anna Dosen

    Director

    Total calculated
    $0
    Hours/week
    3

  • Jim Boerjan

    Director

    Total calculated
    $0
    Hours/week
    3

  • Josh Johnson

    Director

    Total calculated
    $0
    Hours/week
    3

  • Brian Matzke

    Director

    Total calculated
    $0
    Hours/week
    3

  • Tess Rice

    General Counsel

    Total calculated
    $280,802
    From this org
    $243,597
    From related orgs
    $0
    Other
    $37,205
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $229,804
    Bonus
    $13,793
    Other
    $0
    Deferred
    $17,703
    Nontaxable benefits
    $19,686
    Filer's total
    $280,986

  • Jay Tamborino

    IT Consultant

    Total calculated
    $247,971
    From this org
    $217,817
    From related orgs
    $0
    Other
    $30,154
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $177,130
    Bonus
    $40,687
    Other
    $0
    Deferred
    $16,350
    Nontaxable benefits
    $13,905
    Filer's total
    $248,072

  • Diane Brower

    HR Director

    Total calculated
    $179,324
    From this org
    $146,711
    From related orgs
    $0
    Other
    $32,613
    Hours/week
    34.7 + 5.3 related

    Schedule J breakdown matched by us

    Base
    $136,470
    Bonus
    $10,241
    Other
    $0
    Deferred
    $11,474
    Nontaxable benefits
    $21,239
    Filer's total
    $179,424

  • Carla Bush

    Director of Education

    Total calculated
    $170,581
    From this org
    $160,973
    From related orgs
    $0
    Other
    $9,608
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $150,459
    Bonus
    $10,514
    Other
    $0
    Deferred
    $9,044
    Nontaxable benefits
    $749
    Filer's total
    $170,766

  • Tom Boswell-Healey

    Compliance Consultant

    Total calculated
    $158,440
    From this org
    $145,201
    From related orgs
    $0
    Other
    $13,239
    Hours/week
    5.6 + 34.4 related

    Schedule J breakdown matched by us

    Base
    $141,679
    Bonus
    $3,522
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $13,410
    Filer's total
    $158,611

  • Therese Kuvaas

    Senior GR Manager

    Total calculated
    $155,834
    From this org
    $130,365
    From related orgs
    $0
    Other
    $25,469
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $124,121
    Bonus
    $6,244
    Other
    $0
    Deferred
    $7,422
    Nontaxable benefits
    $18,120
    Filer's total
    $155,907

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $4,074,305
    Expenses
    $3,833,601
    Contributions
    $0
    Grants paid
    $60,000
  • 2023
    Revenue
    $3,782,286
    Expenses
    $4,025,177
    Contributions
    $0
    Grants paid
    $10,000
  • 2022
    Revenue
    $3,555,499
    Expenses
    $3,764,445
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Disregarded entities on its 2024 return

  • Bankers Building LLC

    Leasing · MN · income $327,172 · assets $1,835,979

Related partnerships on its 2024 return

Related corporations and trusts on its 2024 return

  • MBA Insurance Services Inc

    C · Business Services · MN · 100% owned · share of income $1,118,117 · share of assets $1,724,630 · controlled entity

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The IRS Business Master File ingested 5 October 2026, which is when the registration facts above were last refreshed for every organization. Returns through tax year 2024, the newest we have parsed for this organization.