Oregon Bankers Association
- Assets
- $6.1m
- Revenue
- $2.3m
- Investments
- $1.2m
- Employees
- 9
- Location
- Salem, OR
- Founding
- 07/1931
- Data as of
- 12/2022
- EIN
- 93-0241680
Organization Overview
Oregon Bankers Association is located in Salem, OR. The organization was established in 1931. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Oregon Bankers Association employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oregon 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 12/2022, Oregon Bankers Association generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. While expenses have increased by 3.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE OREGON BANKERS ASSOCIATION ADVOCATES ON BEHALF OF BANKS DOING BUSINESS IN THE STATE OF OREGON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES AND EDUCATION: OREGON BANKERS ASSOCIATION (OBA) CONTINUES TO SET THE STANDARD FOR PROVIDING TIMELY, HIGH-QUALITY EDUCATION SPECIFICALLY DESIGNED FOR ITS MEMBERSHIP. OBA'S PROGRAMS LEVERAGE THE TALENTS OF EXPERTS IN THE FIELD OF BANKING AND FOCUS ON LEGISLATIVE AND REGULATORY TRENDS FOR THE ECONOMIC AND BUSINESS CLIMATE IN OREGON. OBA BRINGS EASE OF USE TO MEMBERS WITH THE ASSOCIATION'S MANY WEBINARS AND ONLINE COURSES, WHILE STILL PROVIDING VALUABLE NETWORKING OPPORTUNITIES WITH ITS CONFERENCES, SCHOOLS, SEMINARS AND WORKSHOPS.
GOVERNMENT AND ADVOCACY: ON AN ANNUAL BASIS, OBA MONITORS LEGISLATIVE PROPOSALS, ADMINISTRATIVE RULES AND ADVOCATES FOR MEMBER INTERESTS AT BOTH THE STATE AND FEDERAL LEVEL. THESE EFFORTS HELP ENSURE THAT OREGON BANKS ARE ABLE TO DO BUSINESS IN A FAIR AND COMPETITIVE BUSINESS ENVIRONMENT. THIS INCLUDES PARITY IN THE LAWS AND REGULATIONS THAT GOVERN VARIOUS TYPES OF FINANCIAL SERVICE PROVIDERS, AS WELL AS THE OPPORTUNITY TO PROVIDE A BROAD RANGE OF FINANCIAL PRODUCTS AND SERVICES TO OREGONIANS.
OTHER BANK SERVICES: OBA KEEPS MEMBERS ABREAST OF CURRENT DEVELOPMENTS IN BANKING PRACTICES AND BANKING LEGISLATION THROUGH PREPARATION AND DISTRIBUTION OF BANKING-RELATED PUBLICATIONS AND NEWSLETTERS. FROM OREGON BANKERS ASSOCIATION'S WEEKLY "FRIDAY FIVE" NEWSLETTER TO ITS QUARTERLY MAGAZINE "BANKING MATTERS", OREGON BANKERS ASSOCIATION IS THE GO-TO SOURCE FOR ALL THINGS OREGON BANKING AND BEYOND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Dempster Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
Gordon Zimmerman Immediate Past Chair | OfficerTrustee | 1 | $0 |
Joan Reukauf Chair | OfficerTrustee | 0.5 | $0 |
Ted B Austin Chair Elect | OfficerTrustee | 0.5 | $0 |
Jeff Bailey Chair, Cbo | Trustee | 0.5 | $0 |
Trey Maust Chair, Sbai | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $94,803 |
| 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 | $94,803 |
| Total Program Service Revenue | $2,166,826 |
| Investment income | $41,256 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $252,987 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $25,695 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,290,377 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,250 |
| 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. | $654,268 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $358,128 |
| Pension plan accruals and contributions | $35,105 |
| Other employee benefits | $41,136 |
| Payroll taxes | $66,645 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,248 |
| Fees for services: Accounting | $44,924 |
| Fees for services: Lobbying | $147,817 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,138 |
| Fees for services: Other | $4,767 |
| Advertising and promotion | $43,335 |
| Office expenses | $32,099 |
| Information technology | $24,046 |
| Royalties | $0 |
| Occupancy | $42,544 |
| Travel | $25,577 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $605,866 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,490 |
| All other expenses | $1,708 |
| Total functional expenses | $2,197,279 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $170,761 |
| Savings and temporary cash investments | $1,661,401 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,439 |
| 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 | $310,334 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,471,546 |
| Investments—other securities | $1,187,579 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,249,182 |
| Total assets | $6,084,242 |
| Accounts payable and accrued expenses | $308,398 |
| Grants payable | $0 |
| Deferred revenue | $91,974 |
| 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 | $1,684,628 |
| Total liabilities | $2,085,000 |
| Net assets without donor restrictions | $3,999,242 |
| 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 | $6,084,242 |