Nebraska Bankers Association Inc is located in Lincoln, NE. The organization was established in 1955. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 04/2022, Nebraska Bankers Association Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska Bankers Association Inc 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 04/2022, Nebraska Bankers Association Inc generated $4.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $4.5m during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 7 years. 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
AS THE VOICE FOR THE NEBRASKA BANKING INDUSTRY, OUR MISSION IS TO PROVIDE EXTRAORDINARY SERVICE FOR EXTRAORDINARY MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO EDUCATE THE FINANCIAL SERVICES INDUSTRY BY OFFERING QUALITY, COST-EFFECTIVE EDUCATIONAL PROGRAMS AND PRODUCTS THROUGH A VARIETY OF DELIVERY FORMATS.
TO ADVOCATE FOR PRO-BANKING AND PRO-BUSINESS POLICIES AND A LEGISLATIVE AND REGULATORY ENVIRONMENT SUPPORTIVE OF OUR MEMBER FINANCIAL INSTITUTIONS.
TO ENHANCE AND SHOWCASE THE IMPORTANCE AND VALUE OF NBA MEMBERSHIP AND PROMOTE THE IMAGE OF THE NEBRASKA BANKING INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Baier President/treasurer | Officer | 38 | $294,497 |
Ron Arrigo Executive Vice President | Officer | 40 | $141,411 |
Lydell L Woodbury Chairman-Elect | OfficerTrustee | 1 | $0 |
Stephen E Stull Chairman | OfficerTrustee | 1 | $0 |
Kirk R Riley Past Chairman | OfficerTrustee | 1 | $0 |
Robert J Hallstrom Corporate Secretary | Officer | 1 | $0 |
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 | $4,798,356 |
Investment income | $7,784 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $20,561 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,826,701 |
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. | $538,810 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,539,979 |
Pension plan accruals and contributions | $114,954 |
Other employee benefits | $41,260 |
Payroll taxes | $134,464 |
Fees for services: Management | $0 |
Fees for services: Legal | $203,457 |
Fees for services: Accounting | $18,088 |
Fees for services: Lobbying | $258,396 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $22,127 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $282,509 |
Travel | $19,198 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $487,408 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $121,558 |
Insurance | $43,202 |
All other expenses | $362,797 |
Total functional expenses | $4,489,038 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $2,224,217 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $226,362 |
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 | $171,028 |
Net Land, buildings, and equipment | $647,286 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,006,928 |
Total assets | $5,275,821 |
Accounts payable and accrued expenses | $328,646 |
Grants payable | $0 |
Deferred revenue | $392,480 |
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 | $0 |
Total liabilities | $721,126 |
Net assets without donor restrictions | $4,554,695 |
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 | $5,275,821 |
Beg. Balance | $160,000 |
Net Contributions | $100,000 |
Ending Balance | $260,000 |
Organization Name | Assets | Revenue |
---|---|---|
Missouri One-Call Systems Inc Jefferson City, MO | $6,160,776 | $7,371,611 |
Mountain West Credit Union Association Denver, CO | $19,431,586 | $5,605,169 |
Nebraska Bankers Association Inc Lincoln, NE | $5,275,821 | $4,826,701 |
Heartland Credit Union Association Overland Park, KS | $10,336,481 | $4,005,798 |
Kansas Rural Water Association Seneca, KS | $9,482,087 | $3,142,170 |
Nebraska Association Of County Officials Lincoln, NE | $12,458,539 | $2,857,892 |
South Dakota Bankers Association Pierre, SD | $4,336,502 | $1,608,814 |
Brs Burlington Northern Santa Fe Bnsf General Committee Walker, MO | $1,461,875 | $1,004,555 |
Brotherhood Of Railroad Signalmen Omaha, NE | $1,016,898 | $1,119,271 |
Federation Of Chiropractic Licensing Board Greeley, CO | $2,841,286 | $1,327,561 |
Kansas Rural Independent Telecommunications Coalition Assoc Topeka, KS | $417,285 | $447,631 |
Missouri Telecommunications Industry Association Jefferson City, MO | $141,323 | $282,772 |