Ohio Bankers League
- Assets
- $8.3m
- Revenue
- $8.4m
- Investments
- -$821.6k
- Employees
- 26
- Location
- Columbus, OH
- Founding
- 09/1977
- Data as of
- 12/2022
- EIN
- 31-0916384
Organization Overview
Ohio Bankers League is located in Columbus, OH. The organization was established in 1977. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Ohio Bankers League employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ohio Bankers League is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Ohio Bankers League generated $8.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $3.5m during the year ending 12/2022. While expenses have increased by 5.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE COMPREHENSIVE SERVICES THAT BENEFIT THE FINANCIAL INSTITUTION INDUSTRY IN OHIO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND TRAINING - OBL EDUCATION AND TRAINING PROGRAMS PROVIDE A MULTITUDE OF PROFESSIONAL DEVELOPMENT AND EDUCATIONAL OPPORTUNITIES FOR EVERYONE FROM TELLERS TO SENIOR EXECUTIVES, DELIVERED IN THE RIGHT FORMAT, WITH THE RIGHT CONTENT, AT THE RIGHT TIME. OBL OFFERS EDUCATION AND TRAINING ON THE FOLLOWING TOPICS: LEADERSHIP MANAGEMENT DEVELOPMENT, ACCOUNT AND BACK OFFICE OPERATIONS, COMPLIANCE, DIRECTORS TRAINING, FINANCIAL SERVICES, FRONTLINE TRAINING, HUMAN RESOURCES/ADMINISTRATION, LENDING, RETAIL MANAGEMENT, SALES & MARKETING, SECURITY & TECHNOLOGY, TRUST, AS WELL AS A VARIETY OF SPECIAL MEETINGS AND EVENTS. OBL OFFERS THEIR TRAINING AND EDUCATION PROGRAMS THROUGH A VARIETY OF DIFFERENT FORMATS, INCLUDING CLASSROOM SEMINARS, ONLINE SEMINARS, TRAINING SCHOOLS, AND CONFERENCES.
COMPLIANCE COACH - PROVIDES OHIO BANKS WITH RISK ASSESSMENT SOFTWARE, WEB-BASED TRAINING AND WEBINARS, AND OTHER TOOLS TO ENABLE COMPLIANCE WITH APPLICABLE LAWS AND REGULATIONS.
GOVERNMENT RELATIONS - PARTICIPATION WITH THE OHIO BANKERS LEAGUE ALLOWS OHIO BANKERS TO STAY ABREAST OF OFTEN FAST-MOVING LEGISLATION BOTH IN OHIO AND IN WASHINGTON. THE OBL PROVIDES A COLLECTIVE VOICE FOR OHIO'S FINANCIAL INSTITUTIONS AT BOTH THE STATE AND NATIONAL LEVEL.
COMMUNICATIONS AND MEDIA RELATIONS - OBL KEEPS ITS MEMBERS UP TO DATE ON THE LATEST INFORMATION IN THE INDUSTRY THROUGH REGULATORY BULLETINS AND OHIO BANKER DIRECT. THROUGH WWW.OHIOBANKERSLEAGUE.COM THE STATE'S BANKING INDUSTRY IS KEPT UP TO THE HOUR WITH THE LATEST INDUSTRY UPDATES AS THEY HAPPEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Young First Vice Chair | OfficerTrustee | 1 | $0 |
Ronald Zimmerly Second Vice Chair | OfficerTrustee | 1 | $0 |
Jenny Saunders Treasurer | OfficerTrustee | 1 | $0 |
Michael Adelman President | OfficerTrustee | 35 | $418,304 |
Ana Babiasz District 3 Director | Trustee | 1 | $0 |
Jerome Bey At Large Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,355,957 |
| Investment income | $35,619 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $27,947 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,864,915 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,388,892 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $462,673 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,196,923 |
| Pension plan accruals and contributions | $155,060 |
| Other employee benefits | $109,179 |
| Payroll taxes | $94,136 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,200 |
| Fees for services: Accounting | $20,537 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $173,411 |
| Advertising and promotion | $19,467 |
| Office expenses | $82,863 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $130,298 |
| Travel | $72,040 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $786,937 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84,383 |
| Insurance | $10,358 |
| All other expenses | $0 |
| Total functional expenses | $3,512,749 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,365,741 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,901,528 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $26,963 |
| Net Land, buildings, and equipment | $200,173 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | -$821,585 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $627,888 |
| Total assets | $8,300,708 |
| Accounts payable and accrued expenses | $148,007 |
| Grants payable | $0 |
| Deferred revenue | $149,398 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $827,738 |
| Total liabilities | $1,125,143 |
| Net assets without donor restrictions | $7,175,565 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,300,708 |