2024-10-30T10:11:14-05:00 2024-07-31 450310328 BRADY MARTZ & ASSOCIATES PC PO BOX 1297 BISMARCK ND 585021297 990 2023-08-01 450172930 NORTH DAKOTA BANKERS ASSOCIATION NORT 7012235303 PO BOX 1438 BISMARCK ND 585021438 RICK CLAYBURGH PRESIDENT/CEO 7012265303 2024-10-21 1 1 LANCE RAMBOUSEK P01212867 7012231717 2024-10-21 2023 2024-10-15 13:58:12Z RICK CLAYBURGH 122 EAST MAIN AVENUE STE 201 BISMARCK ND 58501 1880998 0 X WWW.NDBA.COM X 1988 ND PROVIDE EDUCATION TO ITS MEMBERS THROUGH CONFERENCES, SEMINARS, MAILINGS AND TO PROMOTE THE BANKING INDUSTRY. 17 17 7 0 75866 45244 0 0 1212114 1468996 22050 70811 309219 327654 1543383 1867461 0 0 0 0 896813 947229 0 0 0 698611 960868 1595424 1908097 -52041 -40636 3797853 3748832 732485 781215 3065368 2967617 EXTRAORDINARY LEADERSHIP FOR NORTH DAKOTA BANKS 0 0 PROVIDE EDUCATION TO MEMBERS AND PROMOTE THE BANKING INDUSTRY TO THE PUBLIC THROUGH CONFERENCES, SEMINARS AND MAILINGS. 0 0 0 1 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 9 0 7 1 1 1 0 0 0 0 0 0 0 X 17 17 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 ND X RICK CLAYBURGH 7012235303 122 E MAIN AVE STE 201 BISMARCK ND 58502 DENEEN AXTMAN CHAIR 2.00 X X 0 0 0 BERNIE SINNER CHAIR-ELECT 2.00 X X 0 0 0 JAMIE NELSON TREASURER 2.00 X X 0 0 0 PAT ARTZ DIRECTOR 2.00 X 0 0 0 PAIGE BJORNSON DIRECTOR 2.00 X 0 0 0 GREG GESS DIRECTOR 2.00 X 0 0 0 TORY HART DIRECTOR 2.00 X 0 0 0 SAVANNAH HENDRICKSON DIRECTOR 2.00 X 0 0 0 PETE JAHNER IMMEDIATE PAST CHAIR 2.00 X 0 0 0 LORI LEINGANG DIRECTOR 2.00 X 0 0 0 JEFF LEUTHOLD DIRECTOR 2.00 X 0 0 0 AMY MAZIGIAN DIRECTOR 2.00 X 0 0 0 TARA MCFADDEN DIRECTOR 2.00 X 0 0 0 DREW OLAFSON DIRECTOR 2.00 X 0 0 0 LADAWN SCHMITT DIRECTOR 2.00 X 0 0 0 KATHY TORSKE DIRECTOR 2.00 X 0 0 0 JOE WATZKE DIRECTOR 2.00 X 0 0 0 RICK CLAYBURGH PRESIDENT/CEO 32.00 8.00 X X 272960 0 37095 272960 0 37095 1 0 1 0 0 CONFERENCES - CONVENTI 900099 834763 834763 MEMBERSHIP DUES 900099 634233 634233 1468996 57348 57348 27000 13537 13463 13463 13463 NDBA SERVICES SALARY 561000 247662 247662 K-1 RENTAL INCOME (LOS 531120 47756 47756 ADVERTISING 541800 28110 28110 4126 4126 327654 1867461 1734247 75866 57348 313054 128352 184702 492061 201456 290605 55305 22675 32630 52246 21421 30825 34563 14171 20392 60585 60585 15927 15927 6337 6337 16497 1222 15275 75030 75030 58262 50568 7694 37633 37633 SEMINARS, TRAINING, CON 612146 612146 PUBLIC RELATIONS 33354 33354 TAXES 21054 21054 DUES & SUBSCRIPTIONS 14723 14723 9320 3821 5499 1908097 1172035 736062 0 232513 250998 1200000 1100000 416849 424371 48723 40784 34275 25331 1159409 505883 613591 653526 1236342 1226983 15560 26839 3797853 3748832 109685 103359 611079 643351 11721 34505 732485 781215 X 3065368 2967617 3065368 2967617 3797853 3748832 X -40636 -57115 X X 1 X 0 1 0 0 0 0 634233 15261 15261 36976 -21715 0 1 X 997910 424325 573585 161499 81558 79941 653526 INVESTMENT IN SUBSIDIARY 301563 C INVESTMENT IN MAIN AVENUE PROPERTIES 925420 C 1226983 CAPITAL LEASE PAYABLE - CURRENT PORTION 11300 CAPITAL LEASE PAYABLE - NONCURRENT PORTION 23205 34505 X PART IV, LINE 2B: NDBA HOSTS CONFERENCES ON BEHALF OF OTHER ORGANIZATIONS. THE FUNDS WILL BE REMITTED TO THE OTHER ORGANIZATIONS UPON COMPLETION OF THE CONFERENCES. PART X, LINE 2: IT IS IN THE OPINION OF MANAGEMENT THAT THE ASSOCIATION AND SUBSIDIARY HAVE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL AND STATE INCOME TAX RETURNS OF THE ASSOCIATION AND SUBSIDIARY ARE SUBJECT TO EXAMINATION BY THE IRS AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. X X 1 1 X X 0 0 0 RICK CLAYBURGH PRESIDENT/CEO 272960 0 0 0 0 0 28089 0 9006 0 310055 0 0 0 PART I, LINE 1A THE ASSOCIATION PROVIDES FOR SPOUSAL TRAVEL AND CLUB DUES FOR THE PRESIDENT. THESE BENEFITS ARE REPORTED AS TAXABLE BENEFITS ON THE PRESIDENT'S W-2. PART I, LINE 3 BOARD REVIEWS OTHER ORGANIZATIONS COMPENSATION FOR SIMILAR POSITIONS AND APPROVES ANY CHANGES. FORM 990, PART VI, SECTION A, LINE 6 NORTH DAKOTA BANKERS ASSOCIATION HAS 61 NORTH DAKOTA BANKS AS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A AT-LARGE MEMBERS OF THE ORGANIZATION ELECT THE MEMBERS OF THE BOARD FOR A FOUR-YEAR TERM. THE CHAIR OF THE BOARD IS ELECTED BY THE AT-LARGE MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS CAN BE SUBJECT TO APPROVAL FROM AT LARGE MEMBERS FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WILL BE PRESENTED TO THE AUDIT AND FINANCE COMMITTEE BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ANNUALLY DISCLOSE OR UPDATE THEIR INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. THE CHAIRMAN WILL DETERMINE WHETHER TO: A) TAKE NO ACTION, B)ASSURE FULL DISCLOSURE TO THE BOARD OF DIRECTORS, C)ASK THE PERSON TO RECUSE HIMSELF OR HERSELF FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS. THE PRESIDENT WILL MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE CHAIRMAN. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT/CEO AND OTHER KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY SITUATED ASSOCIATIONS. COMTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WILL BE MAINTAINED REGARDING THE COMPENSATION, DELIBERATION AND DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: EQUITY IN NET LOSS OF TAXABLE SUBSIDIARY -9,359. EQUITY NET LOSS OF MAIN AVENUE PROPERTIES -47,680. INTEREST INCOME ON MAIN AVENUES PROPERTIES K-1 -76. PART XII, LINE 2C THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE REVIEW OF ITS FINANCIAL STATEMENTS. MAIN AVENUE PROPERTIES LLC PO BOX 1438 BISMARCK ND 58502 208735263 RENTAL REAL ESTATE-DEBT FINANCED ND NDBA UNRELATED DEBT FIN. 47681 831980 0 1 0.51000 NDBA SERVICES INC PO BOX 1438 BISMARCK ND 58502 450406825 PROMOTION OF BANKING PRODUCTS ND NDBA C -11492 963259 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 NDBA SERVICES INC O 247662 ACTUAL COST