Wisconsin Bankers Association

Organization Overview

Wisconsin Bankers Association is located in Madison, WI. The organization was established in 1935. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 05/2022, Wisconsin Bankers Association employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Bankers Association 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 05/2022, Wisconsin Bankers Association generated $5.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $5.5m during the year ending 05/2022. While expenses have increased by 0.3% per year over the past 7 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.

Since 2015, Wisconsin Bankers Association has awarded 47 individual grants totaling $1,891,910. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE INTEREST OF WISCONSIN BANKS AND BANKERS BY PROVIDING LEADERSHIP AND SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LEGISLATIVE ADVOCACY: ON AN ANNUAL BASIS, WISCONSIN BANKERS ASSOCIATION MONITORS THOUSANDS OF LEGISLATIVE PROPOSALS, HUNDREDS OF ADMINISTRATIVE RULES AND ADVOCATES FOR MEMBER INTERESTS AT BOTH THE STATE AND FEDERAL LEVEL. THESE EFFORTS INCREASE THE COMPETITIVE CAPABILITIES OF WISCONSIN FINANCIAL INSTITUTIONS.


EDUCATION: WISCONSIN BANKERS ASSOCIATION CONTINUES TO SET THE STANDARD FOR PROVIDING TIMELY, HIGH QUALITY EDUCATION SPECIFICALLY DESIGNED FOR OUR MEMBERSHIP. OUR PROGRAMS LEVERAGE THE TALENTS OF EXPERTS IN THE FIELD OF BANKING AND FOCUS ON HOT LEGISLATIVE AND REGULATORY TRENDS FOR THE ECONOMIC AND BUSINESS CLIMATE IN OUR STATE. WE BRING EASE OF USE TO MEMBERS WITH THE ORGANIZATION'S MANY WEBINARS, PHONE SEMINARS AND ONLINE COURSES WHILE STILL PROVIDING VALUABLE NETWORKING OPPORTUNITIES WITH THE ORGANIZATION'S CONFERENCES, SCHOOLS, SEMINARS AND WORKSHOPS.


LEGAL AND REGULATORY INFORMATION: WISCONSIN BANKERS ASSOCIATION OFFERS SEVERAL COMPLIANCE INFORMATIONAL RESOURCES FOR OUR MEMBERS ONLY. THE MOST NOTABLE RESOURCE IS OUR LEGAL CALL PROGRAM WHERE THE ORGANIZATION RESPONDS TO GENERAL COMPLIANCE INQUIRIES FROM MEMBERS. THE ORGANIZATION ALSO PUBLISHES THE MONTHLY WBA COMPLIANCE JOURNAL AND THE COMPLIANCE Q&A COLUMN MONTHLY FOR WISCONSIN BANKER. IN ADDITION, THE ORGANIZATION PUBLISHES MONTHLY THE SBA REGULATORY SPOTLIGHT WHICH IS SOLD TO SEVERAL OTHER STATE BANKER ASSOCIATIONS.


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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$147,765
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$147,765
Total Program Service Revenue$4,689,961
Investment income $27,418
Tax Exempt Bond Proceeds $0
Royalties $123,635
Net Rental Income $39,756
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,774,675

Grants Awarded

Over the last fiscal year, Wisconsin Bankers Association has awarded $297,810 in support to 6 organizations.

Grant RecipientAmount

WISCONSIN ALLIANCE FOR REFORM

Org PageRecipient Profile

Madison, WI

PURPOSE: GENERAL DONATION

$106,600

JOBS FIRST COALITION

Org PageRecipient Profile

Brookfield, WI

PURPOSE: GENERAL DONATION

$100,000

WMC ISSUES MOBILIZATION COUNCIL

Org PageRecipient Profile

Madison, WI

PURPOSE: GENERAL DONATION

$50,000

STATE GOVERNMENT LEADERSHIP FOUNDATION

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL DONATION

$20,000

RACC

PURPOSE: GENERAL DONATION

$12,000

CERS

PURPOSE: GENERAL DONATION

$9,210
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Wisconsin Bankers Association has recieved totaling $13,000.

Awarding OrganizationAmount
Wbd Inc

Madison, WI

PURPOSE: Bank Resource Manual Assistance

$13,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,553,359
Net Contributions$404,641
Ending Balance$4,958,000

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